ZTO Express (Cayman) Inc. Announces Results of Annual General Meeting

Core Viewpoint - ZTO Express (Cayman) Inc. held its annual general meeting in Hong Kong, where several resolutions were approved by shareholders, including financial statements for 2023 and the re-election of directors [1]. Group 1: Shareholder Resolutions - The audited consolidated financial statements for the year ended December 31, 2023, were received and considered [1]. - Mr. Xudong CHEN was re-elected as a non-executive Director [1]. - Mr. Qin Charles HUANG, Mr. Herman YU, and Mr. Tsun-Ming (Daniel) KAO were re-elected as independent non-executive Directors [1]. - The Board was authorized to fix the remuneration of the Directors [1]. - Deloitte Touche Tohmatsu was re-appointed as the auditor of the Company until the next annual general meeting [1]. - A general mandate was granted to the directors to issue and allot additional Class A Ordinary Shares not exceeding 20% of the total issued shares [1]. - A general mandate was granted to repurchase Class A Ordinary Shares not exceeding 10% of the total issued shares [1]. - The general mandate to issue additional Class A Ordinary Shares was extended by the number of shares repurchased [1]. Group 2: Company Overview - ZTO Express is a leading and fast-growing express delivery company in China, providing express delivery and value-added logistics services [2]. - The company operates a scalable network partner model to support the growth of e-commerce in China, leveraging partners for pickup and last-mile delivery while controlling the line-haul transportation and sorting network [2].