ZTO Express (Cayman) Inc. disclosed on 3 July 2026 that it has been actively executing its share repurchase mandate, while keeping its share capital structure unchanged.

Key points

1. Issued share capital • Opening and closing balances (1–2 July 2026) both stood at 563.80 million Class A ordinary shares. • Including 206.10 million Class B ordinary shares, the company’s total issued share count remains 769.90 million.

2. Repurchase activity (20 May – 2 July 2026) • The company bought back 2.48 million American depositary shares (ADSs), each equivalent to one Class A ordinary share, under its board-approved mandate dated 16 June 2026. • Aggregate consideration paid: USD 16.10 million on the latest trading day (2 July) for 700 ADSs at USD 23.00 each. • Cumulative repurchases under the mandate represent 0.32% of the issued share base as at the mandate date. • Individual daily repurchases ranged between 131,796 and 230,895 ADSs, with volume-weighted prices between USD 21.63 and USD 23.00.

3. Cancellation status • All 2.48 million repurchased ADSs, including the most recent 700 units on 2 July, are designated for cancellation; as of 2 July they had not yet been cancelled, so the issued share count is unchanged. • The company is subject to a moratorium on issuing new shares or transferring treasury shares until 1 August 2026, in line with Hong Kong Listing Rule 10.06(3)(a).

The board confirms that all repurchase actions complied with Hong Kong Stock Exchange listing rules and relevant regulatory requirements.