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ZTO Express Annual General Meeting: Key Outcomes

On June 17, 2025, ZTO Express (Cayman) Inc. conducted its annual general meeting of shareholders in Hong Kong. The meeting focused on a range of important resolutions aimed at further advancing the company’s operations in the fast-expanding express delivery industry in China.

Adoption of Resolutions

During the meeting, shareholders unanimously approved several key ordinary resolutions which included:
1. Financial Statements Approval: Shareholders reviewed and approved the audited consolidated financial statements for the year ending December 31, 2024.
2. Director Re-elections: The meeting saw the re-election of prominent figures in the company. Mr. Meisong LAI and Mr. Jilei WANG were re-elected as executive directors, while Ms. Fang XIE was confirmed as an independent non-executive director, alongside the re-election of Ms. Di XU as a non-executive director.
3. Director Remuneration: A resolution was passed authorizing the board to determine the remuneration for the company's directors.
4. Auditor Re-appointment: Deloitte Touche Tohmatsu was re-appointed as the company’s auditors.
5. Share Capital Mandates: Two mandates were granted allowing directors to issue additional Class A ordinary shares up to 20% of the existing shares and to repurchase up to 10% of the same class of shares.

These resolutions are seen as fundamental to supporting ZTO’s strategy of scaling its operations and enhancing service delivery to accommodate the increasing demand stemming from the booming e-commerce sector in China.

Looking Ahead

ZTO Express operates on a highly efficient network partner model, which is pivotal for managing its extensive operations across China. The company aims to solidify its market position by leveraging this model, ensuring reliable last-mile delivery services while maintaining control over critical logistics operations.

The approval of these resolutions marks a significant moment for ZTO Express as it looks toward continued growth and adaptation in a competitive marketplace. The express delivery sector in China is experiencing rapid change, and ZTO’s leadership is committed to navigating these dynamics with strategic foresight and operational excellence.

Following the AGM, ZTO Express is poised to execute its plans for future growth, focusing on innovation and efficiency in logistics to continue meeting the evolving demands of its customers.

For more details on the meeting outcomes and future initiatives, stakeholders are encouraged to visit ZTO's investor relations website.

Conclusion

This AGM has reinforced ZTO Express’s dedication to enhancing its governance while positioning itself strategically to capitalize on the increasing opportunities within the express delivery landscape in China. With robust leadership and clear policy directives, ZTO Express is set on a trajectory for sustainable growth and industry impact.