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BEST Inc. Files Annual Report on Form 20-F for Fiscal Year 2022

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BEST Inc. (NYSE: BEST) has filed its annual report on Form 20-F for the fiscal year ending December 31, 2022, with the SEC on April 21, 2023. The report, which contains audited consolidated financial statements, is available on the SEC's website and BEST's investor relations site. Shareholders and ADS holders can request a hard copy of the report free of charge. This filing is crucial for investors, as it contains essential financial data and insights regarding BEST's operations in integrated smart supply chain solutions and logistics services across China and Southeast Asia. The company emphasizes its commitment to innovation and adapting to market trends, while also highlighting potential risks and uncertainties affecting future performance.

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HANGZHOU, China, April 24, 2023 /PRNewswire/ -- BEST Inc. (NYSE: BEST) ("BEST" or the "Company"), a leading integrated smart supply chain solutions and logistics services provider in China and Southeast Asia, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2022 with the Securities and Exchange Commission ("SEC") on April 21, 2023. The annual report can be accessed on the SEC's website at http://www.sec.gov as well as on the Company's investor relations website at http://ir.best-inc.com.

The Company will provide a hard copy of its annual report containing the audited consolidated financial statements, free of charge, to its shareholders and ADS holders upon request. Requests should be directed to the Company's IR Department at ir@best-inc.com.

SAFE HARBOR STATEMENT

This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the business outlook and quotations from management in this announcement, as well as BEST's strategic and operational plans, contain forward-looking statements. BEST may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the "SEC"), in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about BEST's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: BEST's goals and strategies; BEST's future business development, results of operations and financial condition; BEST's ability to maintain and enhance its ecosystem; BEST's ability to compete effectively; BEST's ability to continue to innovate, meet evolving market trends, adapt to changing customer demands and maintain its culture of innovation; fluctuations in general economic and business conditions in China and other countries in which BEST operates, and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in BEST's filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and BEST does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

ABOUT BEST INC.

BEST Inc. (NYSE: BEST) is a leading integrated smart supply chain solutions and logistics services provider in China and Southeast Asia. Through its proprietary technology platform and extensive networks, BEST offers a comprehensive set of logistics and value-added services, including freight delivery, supply chain management, and global logistics services. BEST's mission is to empower business and enrich life by leveraging technology and business model innovation to create a smarter, more efficient supply chain. For more information, please visit: http://www.best-inc.com/en/.   

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SOURCE BEST Inc.

FAQ

What is the filing date of BEST's annual report on Form 20-F?

BEST Inc. filed its annual report on Form 20-F on April 21, 2023.

Where can I access BEST's annual report for 2022?

The annual report can be accessed on the SEC's website and BEST's investor relations website.

What does BEST Inc. provide in its annual report?

The annual report contains audited consolidated financial statements for the fiscal year ended December 31, 2022.

Can shareholders request a hard copy of BEST's annual report?

Yes, shareholders and ADS holders can request a hard copy of the annual report free of charge.

What is BEST Inc.'s business focus?

BEST Inc. focuses on integrated smart supply chain solutions and logistics services in China and Southeast Asia.

BEST Inc. American Depositary Shares, each representing twenty (20)

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