ZTO Express (Cayman) Inc. ZTO

What this company does

ZTO is an express delivery company in China that, through its network and together with its network partners, provides domestic and international express delivery services supplemented by other value-added services. Its express deliveries mainly involve parcels weighing under 50 kilograms, with expected delivery time ranging from 24 to 72 hours. It also provides less-than-truckload logistics services with a focus on heavy cargo, as well as integrated logistics solutions for warehousing, distribution and transportation. As of December 31, 2025, its network infrastructure consisted of 93 sorting hubs with 596 automation lines, approximately 3,800 line-haul routes serviced by over 10,000 line-haul vehicles that it owns and operates, and over 6,000 direct network partners operating over 31,000 pickup and delivery outlets and approximately 100,000 last-mile posts. The network covers over 99% of cities and counties in China. Its direct network partners are authorized to conduct their express delivery business exclusively under the “Zhongtong” or “ZTO” brand, with unified application of the company's logos on outlets, personnel uniforms, transportation vehicles and packaging materials.

Written from the business description in ZTO Express (Cayman) Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 17 April 2026. Every sentence was checked against that document before publication.