香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示概不會就本公告全部或任何部分內容而產生或因倚賴 該等內容而引致的任何損失承擔任何責任。 根據不同投票權架構，我們的股本包括A類普通股及B類普通股。對於需要股東投票的所有事 項，A類普通股持有人每股可投1票，而B類普通股持有人則每股可投10票。股東及有意投資者 務請留意投資不同投票權架構公司的潛在風險。我們的美國存託股（每股美國存託股代表一股A 類普通股）於美國紐約證券交易所上市，代碼為ZTO。 ZTO Express (Cayman) Inc. 中通快遞（開曼）有限公司（「中通」或「本公司」）欣然公佈其根據美國證券交易委 員會（「美國證交會」）適用規則刊發的截至2025年9月30日止第三季度的未經審計 財務業績（「2025年第三季度業績」）。 2025年第三季度業績乃根據不同於國際財務報告準則的美國公認會計準則編製。 本公告附表I為本公司於2025年11月19日（美國東岸時間）就2025年第三季度業績 刊發的新聞稿全文，其中部分內容可能構成本公司的重大內幕消息。 （股份代號：2057） 本公 ...

Core Viewpoint - ZTO Express (02057.HK) announced a share buyback plan, indicating confidence in its stock value and future performance [1] Summary by Categories Company Actions - ZTO Express plans to repurchase 162,700 shares at a total cost of $3.0806 million, with individual share prices ranging from $18.73 to $18.99 [1]

FF305 翌日披露報表 (股份發行人 ── 已發行股份或庫存股份變動、股份購回及/或在場内出售庫存股份) 表格類別： 股票 狀態： 新提交 公司名稱： 中通快遞（開曼）有限公司（於開曼群島註冊成立以不同投票權控制的有限責任公司） 呈交日期： 2025年11月19日 如上市發行人的已發行股份或庫存股份出現變動而須根據《香港聯合交易所有限公司（「香港聯交所」）證券上市規則》(「《主板上市規則》」)第13.25A條 / 《香港聯合交易所有限公司GEM證券 上市規則》(「《GEM上市規則》」)第17.27A條作出披露，必須填妥第一章節 。 | 第一章節 | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 1. 股份分類 | 不同投票權架構公司普通股 | 股份類別 | A | | | 於香港聯交所上市 | 是 | | | 證券代號 (如上市) | 02057 | 說明 | A類普通股 | | | | | | | A. 已發行股份或庫存股份變動 | | | | | | | | | | | | | 已發行股份（不包括庫存股 ...

Core Insights - The express delivery market in China continues to lead globally, with the market size expected to exceed 300 billion packages and revenue surpassing 50 trillion RMB in 2023 [1] - The 2025 Global Express Industry Conference highlighted the increasing impact of the express industry on global economic development [1] Group 1: Market Performance - In 2024, the global express package volume is projected to reach approximately 2.679 billion packages, a year-on-year increase of 17.49%, with revenue around 46.037 trillion RMB, up 14.05% [2] - China's express package volume is expected to be 1.758 billion packages in 2024, reflecting a growth of 21.5%, with revenue estimated at 14.033 trillion RMB, a 13.8% increase [2] Group 2: Industry Development Needs - The China Express Association released ten development needs for express brand enterprises, emphasizing continuous technological innovation, operational efficiency, and international collaboration [2] - Key areas of focus include enhancing sorting efficiency, improving autonomous vehicle technology, and fostering international logistics cooperation [2] Group 3: Collaborative Initiatives - The "Qinglu Consensus" was established by the China Express Association and various express companies, emphasizing the role of artificial intelligence in driving future industry development and the importance of maintaining a secure and competitive market [3] - The consensus also highlights the need for a collaborative spirit in international expansion and the reinforcement of talent as a critical resource for high-quality industry development [3] Group 4: Infrastructure Development - The "Tongda Future City," designed for express delivery personnel, was inaugurated during the conference, covering an area of 12 square kilometers and integrating residential and commercial spaces [3] - This development aims to create a "15-minute quality living circle," enhancing the living and working environment for industry professionals [3]

Core Insights - The launch of Tongda Future City marks a significant milestone for the express logistics industry in Tonglu, with the return of major companies from the "Three Express" group (Shentong, Yunda, Zhongtong, and Yunda) to their hometown [1][2] - The integration of technology and express logistics is emphasized, with AI applications enhancing delivery efficiency and the establishment of a comprehensive logistics ecosystem [2][3] - Tonglu aims to create a trillion-level express logistics industry cluster while fostering the development of related sectors such as visual intelligence, new energy, new materials, and life health [3] Group 1 - The return of the "Three Express" companies to Tonglu is driven by nostalgia and the need to leverage local advantages for the development of smart logistics [1] - Tongda Future City features headquarters for major express companies and aims for over 60% occupancy by the end of the year [1][2] - The city is focusing on building a full industry chain ecosystem, with 51 enterprises already established in the logistics sector [2] Group 2 - The introduction of advanced technologies, such as AI for smart path planning and automated sorting systems, is a key focus for enhancing operational efficiency [2] - Tonglu has attracted 183 express logistics projects and aims to integrate education and industry through initiatives like the establishment of Tongda Academy [3] - The goal is to elevate the city's economic capabilities and create a robust ecosystem for the logistics industry [2][3]

Core Viewpoint - ZTO Express (02057) announced a share repurchase plan, indicating confidence in its stock value and future prospects [1] Group 1: Share Repurchase Details - The company plans to repurchase 316,000 shares at a total cost of $5.8769 million [1] - The repurchase price is set between $18.73 and $18.99 per share [1]

Core Viewpoint - ZTO Express (02057) announced a share repurchase plan, indicating confidence in its stock value and future prospects [1] Group 1: Share Repurchase Details - The company plans to repurchase 316,000 shares at a total cost of $5.8769 million [1] - The repurchase price is set between $18.73 and $18.99 per share [1]

Core Viewpoint - ZTO Express (02057.HK) announced a share buyback of 316,000 shares at a total cost of $587.69 million, with a per-share buyback price ranging from $18.73 to $18.99 [1] Summary by Category - **Company Actions** - ZTO Express executed a share repurchase on November 17, 2025, spending $587.69 million to buy back 316,000 shares [1] - The buyback price per share was between $18.73 and $18.99 [1]

翌日披露報表 (股份發行人 ── 已發行股份或庫存股份變動、股份購回及/或在場内出售庫存股份) 表格類別： 股票 狀態： 新提交 公司名稱： 中通快遞（開曼）有限公司（於開曼群島註冊成立以不同投票權控制的有限責任公司） 呈交日期： 2025年11月18日 FF305 第 1 頁 共 10 頁 v 1.3.0 | 1). | 購回股份但沒有註銷 | 395,651 | % | USD | 19 | | --- | --- | --- | --- | --- | --- | | | 於美國時間2025年9月24日購回395,651股美國存託股份(代表395,651股 | | | | | | | A類普通股) | | | | | | | 變動日期 2025年9月24日 | | | | | | 2). | 購回股份但沒有註銷 | 395,650 | % | USD | 19.21 | | | 於美國時間2025年9月25日購回395,650股美國存託股份(代表395,650股 | | | | | | | A類普通股) | | | | | | | 變動日期 2025年9月25日 | | | | | | | 購回股份但沒 ...

Core Viewpoint - The Chinese express delivery industry is currently in an optimal strategic opportunity period, with a shift away from low-price competition being both a government requirement and a necessity for companies and their networks [1] Industry Trends - The express delivery industry has experienced a price recovery since July, with Tongda Rabbit's prices rising for four consecutive months, indicating a consensus against "involution" within the industry [1] - The intense competition has accelerated industry differentiation, highlighting the positive cycle for companies that provide good service, have large scale, low costs, and strong profitability [1] Company Strategy - The company will adhere to self-discipline and lead the resistance against "involutionary" price competition, aiming to maintain a healthy market order [1] Technological Advancements - AI has been fully applied across the express delivery industry, with significant use of smart devices such as unmanned vehicles, unmanned cabinets, and unmanned sorting systems, which notably reduce costs and improve quality [1] - The express delivery sector has become a leading industry in the application of new technologies and equipment due to its advantageous scenarios [1]