ZTO Express (Cayman) Inc
Company Profile
Business description
ZTO Express is China’s largest express delivery company by parcel volume, with a volume share of 22.1% in 2022. It operates a network partner model where it provides line-haul transportation and sorting services, while its local network partners provide first-mile pickup and last-mile delivery services under the ZTO brand name. Headquartered in Shanghai, the company was founded in 2002 by Meisong Lai, who remains chair, CEO, and its major shareholder with 77% voting rights as of June 30, 2023. ZTO’s strategic shareholder is leading China e-commerce company Alibaba Group with around an 11.7% interest.
Contact
No. 1685 Huazhi Road
Building One
Qingpu District
Shanghai201708
CHNT: +86 2159804508
E: ir@zto.com
Sector
Industrials
Stock type
Sensitive
Industry
Integrated Freight & Logistics
Fiscal Year End
31 December 2024
Employees
23,554
Morningstar Investment Ideas
Markets
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