ZTO Express (Cayman) Inc. (02057) Announces Next Day Disclosure Return and Share Repurchases

Bulletin Express
11/11

ZTO Express (Cayman) Inc. (stock code 02057) released a Next Day Disclosure Return dated November 11, 2025, indicating that its issued share capital of Class A ordinary shares remained at 598,368,490 as of November 10, 2025. Combined with 206,100,000 Class B ordinary shares, the company's total issued and outstanding share capital stands at 804,468,490.

Between September 24, 2025, and November 10, 2025 (U.S. time), multiple repurchases of American depository shares (ADS), each representing the same number of Class A ordinary shares, were executed at various prices. The most recent repurchase, carried out on November 10, 2025, involved 111,394 ADS at USD 18.99 per share. Although these shares have been repurchased, they have not yet been canceled.

According to the report, the company received authorization on June 17, 2025, to repurchase up to 80,446,849 shares. As of the latest update, a total of 8,037,742 shares have been repurchased under the repurchase mandate. The filing also states that all repurchases were conducted in accordance with relevant listing rules, regulations, and applicable domestic rules.

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