ZTO Express reduces issued shares by 8.94m following ADS cancellation

ZTO Express (Cayman) Inc. submitted a Next Day Disclosure Return on December 24, 2025, detailing changes in its issued share capital. The company reported a cancellation of 8,940,321 Class A ordinary shares, which were underlying American depository shares purchased on various dates between September 24 and November 20, 2025. This cancellation represents 1.11% of the existing number of issued shares before the event.

As a result of this transaction, ZTO Express's number of issued shares (excluding treasury shares) decreased from an opening balance of 598,368,490 on November 30, 2025, to a closing balance of 589,428,169 on December 24, 2025. The company's total issued and outstanding shares prior to this event stood at 804,468,490, comprising 598,368,490 Class A ordinary shares and 206,100,000 Class B ordinary shares. The filing confirms that all conditions for the share cancellation were met, including proper authorization and compliance with regulatory requirements.