ZTO Express to Hold Extraordinary General Meeting on April 14, 2023

Rhea-AI Summary

ZTO Express (Cayman) Inc. (NYSE: ZTO) announced an extraordinary general meeting (EGM) of shareholders on April 14, 2023, at 2 p.m. in Hong Kong. The EGM will address and seek approval for proposed resolutions detailed in the EGM Notice available on the company's website. Only shareholders recorded by March 13, 2023, will be entitled to vote. For American depositary shares (ADSs), voting instructions must be provided to JPMorgan Chase Bank. The meeting will also be accessible via an online webcast for eligible shareholders. ZTO is a leading express delivery company in China, focusing on e-commerce logistics.

Positive

• The EGM is set to potentially pass important resolutions that may benefit the company's governance.
• ZTO's express delivery service is positioned to capitalize on the growing e-commerce market in China.

Negative

• None.

SHANGHAI, March 6, 2023 /PRNewswire/ -- ZTO Express (Cayman) Inc. (NYSE: ZTO and HKEX: 2057) ("ZTO" or the "Company"), a leading and fast-growing express delivery company in China, today announced that it will hold its extraordinary general meeting of shareholders ("EGM") on Friday, April 14, 2023, at 2 p.m (local time), at 9/F, The Center, 99 Queen's Road Central, Central, Hong Kong, for the purposes of considering and, if thought fit, passing each of the Proposed Resolutions as defined and set forth in the notice of the EGM (the "EGM Notice"). An online live webcast of the meeting will also be made available for holders of ordinary shares of the Company as of the Record Date.The EGM Notice and the form of proxy for the EGM are available on the Company's website at http://zto.investorroom.com. The board of directors of the Company fully supports the Proposed Resolutions and recommends that shareholders and holders of American depositary shares ("ADSs") vote in favor of the Proposed Resolutions.

Holders of record of ordinary shares of the Company at the close of business on March 13, 2023, Hong Kong time (the "Record Date"), are entitled to notice of and to attend and vote at the EGM or any adjournment or postponement thereof. Holders of record of ADSs as of the close of business on March 13, 2023, New York time, who wish to exercise their voting rights for the underlying Class A ordinary shares must give voting instructions to JPMorgan Chase Bank, N.A., the depositary of the ADSs.

You may obtain an electronic copy of the Company's annual report, free of charge, from the Company's website at http://zto.investorroom.com, The Stock Exchange of Hong Kong Limited's website at www.hkexnews.hk or from the U.S. Securities and Exchange Commission's website at www.sec.gov.

About ZTO Express (Cayman) Inc.

ZTO Express (Cayman) Inc. (NYSE: ZTO and SEHK: 2057) ("ZTO" or the "Company") 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.

Safe Harbor Statement

This press release contains statements that may constitute "forward-looking" statements pursuant to 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," "aims," "future," "intends," "plans," "believes," "estimates," "likely to," and similar statements. Statements that are not historical facts, including statements about ZTO's beliefs, plans, and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. Further information regarding these and other risks is included in ZTO's filings with the SEC. All information provided in this press release is as of the date of this press release, and ZTO does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

For investor and media inquiries, please contact:

Investor Relations Department
E-mail: ir@zto.com
Phone: +86 21 5980 4508

View original content:https://www.prnewswire.com/news-releases/zto-express-to-hold-extraordinary-general-meeting-on-april-14-2023-301763257.html

SOURCE ZTO Express (Cayman) Inc.

FAQ

When is the ZTO Express extraordinary general meeting scheduled?

The extraordinary general meeting of ZTO Express is scheduled for April 14, 2023.

What is the purpose of the ZTO Express extraordinary general meeting?

The meeting will consider and vote on proposed resolutions defined in the EGM Notice.

Who can attend the ZTO Express extraordinary general meeting?

Holders of record of ordinary shares as of March 13, 2023, can attend and vote at the meeting.

How can ZTO Express shareholders participate in the meeting?

Shareholders can attend in person or participate in the online live webcast.

What is the significance of the resolutions to be voted on at the ZTO meeting?

The resolutions may impact the company's governance and operational direction.