Lei Di Network Lei Jianping May 1
ZTO Express officially became a dual primary listed company on the Hong Kong Stock Exchange and the New York Stock Exchange today.
ZTO Express announced the 20-F document to the US SEC a few days ago. The document shows that as of March 31, 2023, Lai Meisong, chairman of ZTO Express, holds 25.9% of the shares of ZTO Express and has 77.6% of the voting rights. .
ZTO’s shareholding structure as of March 31, 2023
Lai Jianfa, vice chairman of the board of directors of ZTO Express and chairman of ZTO Express, holds 8.1% of the shares and 2.5% of the voting rights, making him the third largest shareholder;
Alibaba holds 8.8% of the shares and has 2.7% of the voting rights, making it the second largest shareholder; Wang Jilei, vice president of ZTO Express Group, holds 6.1% of the shares and has 1.8% of the voting rights.
As of March 31, 2022, ZTO's shareholding structure
As of March 31, 2022, Lai Meisong holds a 26.5% stake in ZTO Express and 77.7% of the voting rights. Lai Jianfa holds 8.2% of the shares and has 2.5% of the voting rights; Alibaba holds 8.9% of the shares and has 2.7% of the voting rights; Wang Jilei holds 5.2% of the shares and has 1.6% of the voting rights.
ZTO has encountered short selling before. Recently, ZTO responded that, following its previous statement regarding allegations made in a report ("Short Selling Report") issued by the short selling agency Grizzly Research LLC on March 2, 2023, based on In order to protect the rights and interests of all shareholders, the Company’s management’s suggestion, the audit committee under the company’s board of directors (the “Audit Committee”) decided to conduct an independent investigation into the allegations made in the short sale report (the “Independent Investigation”) after reviewing the allegations. ).
The Audit Committee has engaged independent professional advisers, including an international law firm and a forensic accounting firm, but not the company's auditors, to assist. The Company will provide timely disclosure updates regarding the independent investigation as required by the applicable rules and regulations of the SEC, the New York Stock Exchange and The Stock Exchange of Hong Kong Limited.
Annual revenue of 35.4 billion and net profit of 7.7 billion
Founded on May 8, 2002, ZTO Express is a company with express delivery as its core business, integrating cross-border, express, commerce, cloud warehouse, aviation, cold chain, finance, intelligence, Tuxi community life services, and Zhongkuai digital marketing A comprehensive logistics service enterprise integrating ecological sectors.
ZTO Express was listed on the New York Stock Exchange on October 27, 2016, opening a window for the world to understand the development of China's express delivery; on September 29, 2020, it achieved a secondary listing in Hong Kong, becoming the first , Express delivery companies listed in Hong Kong, China.
In 2022, the annual business volume of ZTO Express will reach 24.4 billion pieces, a year-on-year increase of 9.4%.
In 2022, ZTO Express will have 31,000+ network service outlets, 98 transshipment centers, 5,900+ direct network partners, and 11,000 self-owned trunk transport vehicles (over 9,700 of which are high-capacity drop-trailers). 3750+, the network access to more than 99% of the districts and counties.
ZTO Express has successively set up transit warehouses in China, Taiwan, Hong Kong, Macao, the United States, France, Germany, Japan, South Korea, New Zealand, Dubai, Malaysia and other places, and launched EU special lines, American special lines, Japan and South Korea special lines, New Australia special lines, ASEAN special lines, and Middle East special lines. Package delivery, logistics distribution and related businesses of special lines, special lines for Africa and special lines for other countries around the world.
ZTO stated that the company reaffirms its continued and firm commitment to maintaining high standards of corporate governance and internal controls, as well as transparent and timely disclosure in accordance with applicable rules and regulations.
The revenue of ZTO Express in 2018, 2019, 2020, 2021, and 2022 will be 17.6 billion yuan, 22.1 billion yuan, 25.2 billion yuan, 30.4 billion yuan, and 35.377 billion yuan (about 5.129 billion U.S. dollars);
The gross profit of ZTO Express in 2018, 2019, 2020, 2021, and 2022 will be 5.365 billion yuan, 6.62 billion yuan, 5.837 billion yuan, 6.589 billion yuan, and 9.039 billion yuan respectively.
The operating profits of ZTO Express in 2018, 2019, 2020, 2021, and 2022 were 4.332 billion yuan, 5.463 billion yuan, 4.754 billion yuan, 5.5 billion yuan, and 7.736 billion yuan (about 1.122 billion U.S. dollars); 4.388 billion yuan, 5.671 billion yuan, 4.326 billion yuan, 4.7 billion yuan, 6.659 billion yuan (about 965 million US dollars).
———————————————
Lei Di was founded by Lei Jianping, a media person. If you reprint, please indicate the source.
