ZTO Announces the Establishment of Environmental, Social and Governance Committee

Rhea-AI Summary

ZTO Express (Cayman) Inc. has established an Environmental, Social and Governance (ESG) Committee effective from March 16, 2021. The committee consists of members Jianfa Lai, Jilei Wang, and Qin Charles Huang, with Lai serving as chairman. This initiative aims to enhance the company's governance practices regarding sustainability and social responsibility. ZTO is recognized as a leading express delivery service provider in China, operating a scalable network aimed at supporting the growth of e-commerce.

Positive

• Establishment of ESG Committee emphasizes commitment to sustainability.
• Leadership includes experienced members to guide the ESG initiatives.

Negative

• None.

SHANGHAI, April 13, 2021 /PRNewswire/ -- The board of directors (the "Board") of ZTO Express (Cayman) Inc. (NYSE: ZTO and HKEX: 2057) (the "Company") is pleased to announce that an Environmental, Social and Governance Committee (the "ESG Committee") has been formed with effect from March 16, 2021.

The Board also announces that, Mr. Jianfa Lai, Mr. Jilei Wang and Mr. Qin Charles Huang have been appointed as the members of the ESG Committee, and Mr. Jianfa Lai has been appointed as the chairman of the ESG Committee with effect from Mar 16, 2021. The terms of reference of the ESG Committee will be posted on the website of the Company (https://zto.investorroom.com/).

About ZTO Express (Cayman) Inc.

ZTO is a leading and fast-growing express delivery company in China. ZTO provides express delivery service as well as other value-added logistics services through its extensive and reliable nationwide network coverage in China.

ZTO operates a highly scalable network partner model, which the Company believes is best suited to support the significant growth of e-commerce in China. The Company leverages its network partners to provide pickup and last-mile delivery services, while controlling the mission-critical line-haul transportation and sorting network within the express delivery service value chain.

For more information, please visit http://zto.investorroom.com.

For investor inquiries, please contact:

ZTO Express (Cayman) Inc.
Investor Relations
E-mail: ir@zto.com
Phone: +86 21 5980 4508

View original content:http://www.prnewswire.com/news-releases/zto-announces-the-establishment-of-environmental-social-and-governance-committee-301267277.html

SOURCE ZTO Express (Cayman) Inc.

FAQ

What is the purpose of the ESG Committee established by ZTO?

The ESG Committee aims to enhance ZTO's governance practices in sustainability and social responsibility.

Who are the members of ZTO's ESG Committee?

The members include Jianfa Lai, Jilei Wang, and Qin Charles Huang.

When was the ESG Committee established at ZTO?

The committee was established on March 16, 2021.

What is ZTO's business focus?

ZTO is focused on providing express delivery services and value-added logistics in China.

How does ZTO support e-commerce growth?

ZTO operates a highly scalable network partner model to facilitate pickup and last-mile delivery services.