ZTO Held 2022 Nationwide Network Conference

Rhea-AI Summary

ZTO Express, a leading express delivery company in China, held its 2022 Nationwide Network Conference on January 13, 2022, in Shanghai. In 2021, ZTO delivered 22.3 billion parcels, achieving a 31.1% year-over-year growth and becoming the first express delivery firm globally to surpass 20 billion parcels annually. Chairman Meisong Lai projected positive growth prospects for China's express delivery industry and outlined nine initiatives for 2022 focused on enhancing service quality and operational efficiency, aiming for market share gain and earnings expansion.

Positive

• Achieved 22.3 billion parcels delivered in 2021, a 31.1% YoY increase.
• First express delivery company globally to exceed 20 billion parcels annually.
• Chairman outlined nine strategic initiatives for growth in 2022.

Negative

• None.

SHANGHAI, Jan. 14, 2022 /PRNewswire/ -- On January 13, 2022 local time, ZTO Express (Cayman) Inc. (NYSE: ZTO; HKEX: 2057) ("ZTO" or the "Company"), a leading and fast-growing express delivery company in China, held its 2022 Nationwide Network Conference in Shanghai.

In 2021, ZTO delivered 22.3 billion parcels and grew volume 31.1% YoY, secured its first place by market share in the industry while maintaining service quality among the top. ZTO becomes the first express delivery company in the world with an annual parcel volume exceeding 20 billion.

In the speech titled "Empower partners and strengthen infrastructure, improve service quality and efficiency, and achieve synergy - Reaching quality growth new heights through digitization and precision management", Chairman Meisong Lai provided a positive outlook on the national economic development and expressed high confidence in the near-term growth prospects of China's express delivery industry as it takes on a greater focus on growth quality than speed. Mr. Lai also set corporate objectives for market share gain, earnings expansion, service enhancement, safety improvement and Zecosystem development. With carefully laid out 9 initiatives for 2022, ZTO plans to drive coordinated efforts in core capability investments across network, expand application of data-driven tools for operational efficiency and maximize resource planning and utilization among its ecosystem businesses.

About ZTO Express (Cayman) Inc.

ZTO Express (Cayman) Inc. (NYSE: ZTO and HKEX: 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 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", "expect", "anticipate", "estimate", "believe", "going forward", "ought to", "may", "seek", "intend", "plan", "projection", "could", "vision", "goals", "aim", "aspire", "objective", "target", "schedules", "outlook" and similar statements. ZTO Express may make written or oral forward-looking statements in its periodic reports to 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 ZTO Express'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. Further information regarding these and other risks is included in ZTO Express's filings with the SEC and HKEX. All information provided in this press release and in the attachments is as of the date of this press release, and ZTO Express undertakes no obligation to update any forward-looking statement, except as required under applicable law.

For investor inquiries, please contact:
Investor Relations
E-mail: ir@zto.com
Phone: +86 21 5980 4508

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SOURCE ZTO Express (Cayman) Inc.

FAQ

What were ZTO's parcel delivery numbers for 2021?

ZTO delivered 22.3 billion parcels in 2021, marking a 31.1% year-over-year growth.

When was the ZTO 2022 Nationwide Network Conference held?

The conference took place on January 13, 2022.

What is ZTO Express's market position?

ZTO Express holds the first place by market share in the express delivery industry in China.

What initiatives did ZTO announce for 2022?

ZTO announced nine initiatives aimed at enhancing service quality, operational efficiency, and market share.