ZTO Express reports recent share repurchase activities

ZTO Express (Cayman) Inc. submitted its Next Day Disclosure Return on October 23, 2025, detailing recent movements in its Class A ordinary shares. The company's opening and closing balance of issued shares remained at 598,368,490 as of October 21 and October 22, 2025, respectively, with zero treasury shares held. This stability in issued shares indicates that while repurchases occurred, they had not yet been cancelled as of the reporting date.

The disclosure highlighted a series of share repurchases of American Depositary Shares (representing Class A ordinary shares) conducted on the New York Stock Exchange. On October 22, 2025, ZTO Express repurchased 386,633 Class A ordinary shares at a price ranging from $18.84 to $18.99 per share, totaling an aggregate price paid of $7,328,125.89. This particular repurchase represents 0.05% of the existing number of issued shares before the event. The company's total number of issued and outstanding shares for calculating percentage changes is 804,468,490, comprising both Class A and Class B ordinary shares.

The company has been actively repurchasing shares since late September, with significant buybacks between September 24 and October 22, 2025. Cumulatively, as of the date of the resolution granting the repurchase mandate (June 17, 2025), ZTO Express is authorized to repurchase 80,446,849 shares, with 5,516,927 shares already repurchased on the Exchange or another stock exchange, representing 0.6858% of the issued shares. The moratorium period for any new share issues or sales/transfers of treasury shares after these repurchases extends up to November 21, 2025.