Welcome to our dedicated page for Zto Expresscayma SEC filings (Ticker: ZTO), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
ZTO Express (Cayman) Inc. filings document the regulatory reporting of a Cayman-incorporated foreign private issuer with American depositary shares and Hong Kong-listed Class A ordinary shares. Form 6-K reports include annual results announcements, board meeting notices, annual general meeting notices, circulars and proxy forms, Hong Kong annual report materials, and sustainability reporting.
The filing record also covers the company’s weighted voting rights share structure, including Class A and Class B ordinary shares, authorized share capital, monthly returns on movements in securities, public-float confirmations, and next day disclosure returns for share buybacks, cancellations and treasury-share activity. Annual Form 20-F materials provide audited consolidated financial statements for ZTO’s express delivery operations in China.
ZTO Express (Cayman) Inc. plans to acquire all remaining shares of TuXi Tech, moving from 63.80% ownership to full control. Through a wholly owned subsidiary, it agreed to buy 567,500,000 TuXi Tech shares, representing 36.20% of its equity, for about RMB1,305.3 million, or RMB2.30 per share. TuXi Tech provides last‑mile post services and generated unaudited net profit after tax of about RMB234.8 million in 2024 and RMB228.8 million in 2025, with total assets of roughly RMB1,288.0 million as of December 31, 2025. An independent appraisal valued TuXi Tech’s shareholders’ equity at around RMB3.61 billion using an asset‑based approach, supported by an income‑based valuation of its key subsidiary TuXi Xiamen. The deal is treated as a connected transaction under Hong Kong Listing Rules and requires reporting and announcement but not independent shareholder approval. Completion remains conditional on satisfaction of the share purchase agreement terms.
ZTO Express (Cayman) Inc. reported that all resolutions at its June 16, 2026 annual general meeting were approved by shareholders voting through its dual-class share structure. Holders of Class A and Class B ordinary shares supported receiving the 2025 audited financial statements and related reports.
Shareholders re-elected Mr. Hongqun Hu as an executive director and Mr. Xing Liu as a non-executive director, and authorized the board to fix directors’ remuneration. They also re-appointed Deloitte Touche Tohmatsu and Deloitte Touche Tohmatsu Certified Public Accountants LLP as auditors and authorized the board to set their 2026 fees.
The meeting granted a general mandate allowing directors to issue additional Class A ordinary shares up to 20% of issued and outstanding shares, and a separate mandate to repurchase up to 10% of issued and outstanding Class A shares. The company reminded investors that its share capital uses a weighted voting rights structure, with Class B shares carrying 10 votes each.
ZTO Express reported solid first quarter 2026 results with strong top-line growth. Revenues rose 22.0% year over year to RMB13,282.4 million, driven by a 13.2% increase in parcel volume to 9,668 million and an 8.2% rise in core express average selling price. Net income increased 5.7% to RMB2,156.4 million, while adjusted net income grew 5.2% to RMB2,377.1 million. Operating margin softened to 19.2% as higher pickup and dispatching costs for key accounts lifted other costs, though gross profit still rose 20.3%.
Cash generation remained strong with net cash from operating activities of RMB2,789.0 million. The Board approved a new share repurchase program of up to US$1.5 billion over 24 months from March 20, 2026, funded by existing cash. ZTO reaffirmed 2026 parcel volume guidance of 10–13% growth, implying 42.37–43.52 billion parcels.
The company also disclosed an adjustment to the conversion price of its US$1.5 billion 0.925% convertible notes due 2031 following a cash dividend. The conversion rate increased from 32.3130 to 32.8311 shares per US$1,000 principal, changing the equivalent conversion price from about US$30.9473 to US$30.4589. The maximum shares on full conversion rose from 48,469,500 to 49,246,650, with the additional 777,150 shares covered under the existing General Mandate. The Board noted the resignation of non-executive director Di Xu after termination of an investor rights agreement.