ZTO Express (Cayman) Inc. announced on 23 January 2024 that. ZTO (NYSE: ZTO and SEHK:2057), one of the largest and fastest-growing express delivery companies in China ("ZTO" or the "Company"), recently held its National Network Conference at its headquarters in Shanghai, where it gained national recognition.. As a result of the conference, the State Post Bureau hoped to fully implement the spirit of the 2024 National Postal Management Work Conference. As part of the conference, the Company summarized and reviewed the achievements it had made in 2023, outlined key work tasks for 2024, harmonised its thinking, strengthened its confidence, and clarified its goals, leading to the development of a collaborative team to make sure ZTO's network develops in an efficient and quality manner
As part of the conference, the Company summarized and reviewed the achievements it had made in 2023, outlined key work tasks for 2024, harmonised its thinking, strengthened its confidence, and clarified its goals, leading to the development of a collaborative team to make sure ZTO's network develops in an efficient and quality manner
As stated in the work report by the chairman, Meisong LAI, the ZTO achieved a parcel volume of 30 million parcels in 2023..A total of $3 billion was generated, representing a 23 percent increase year-over-year.8%. In terms of market share, the company achieved a 22 percent share of the market.As a result, its lead widened to 9%, further extending its advantage. Throughout its history, ZTO has consistently strived for a balanced development strategy, focusing on long-term growth and focusing on its own strengths and ensuring steady progress towards that goal. The Company has achieved excellent results in terms of "stable business growth and the improvement of quality and efficiency" as a result of these efforts.
The Company has achieved excellent results in terms of "stable business growth and the improvement of quality and efficiency" as a result of these efforts.
There was also an overview of the overall work approach and key tasks for the company in 2024, which were also outlined at the conference. It is emphasized that the Company should comprehensively implement the spirit of the National Postal Management Work Conference, integrate "development" and "security", and promote the realization of various work objectives in a down-to-earth manner, with key focus on "prioritizing safety, enhancing capabilities, strengthening services, improving efficiency, ensuring transparency, activating potential, promoting collaboration, implementing plans, strengthening last-mile delivery, and building a strong team"
It is emphasized that the Company should comprehensively implement the spirit of the National Postal Management Work Conference, integrate "development" and "security", and promote the realization of various work objectives in a down-to-earth manner, with key focus on "prioritizing safety, enhancing capabilities, strengthening services, improving efficiency, ensuring transparency, activating potential, promoting collaboration, implementing plans, strengthening last-mile delivery, and building a strong team"
It has been pointed out by Chairman Meisong LAI that the Chinese express delivery market has good size, potential, and prospects, and ZTO should take advantage of its five advantages in terms of scale, cost, foundation, brand, and network to make the most of them. The ZTO Corporation should strive to excel in the three growth curves, which are strengthening its core business, expanding its ecology, and building its channels, in light of the ongoing industry transformation from high-volume to high-quality development, from single express delivery to integrated logistics, and from traditional factor-driven to innovation-driven, in light of the ongoing industry transformation from high-volume development to high-quality development.. In order for the whole ZTO network to become more successful, it must strengthen its belief in development, boost its self-confidence in progress, and boost its determination to carry out its plans so that all business participants on the ZTO platform, including outlets and couriers, feel like they have a greater sense of belonging, gain and happiness.
In order for the whole ZTO network to become more successful, it must strengthen its belief in development, boost its self-confidence in progress, and boost its determination to carry out its plans so that all business participants on the ZTO platform, including outlets and couriers, feel like they have a greater sense of belonging, gain and happiness.
ZTO Express (Cayman) Inc. is a company based in Cayman Islands.
A leading and fast-growing express delivery company in China is ZTO Express (Cayman) Inc. (NYSE: ZTO and SEHK:2057) ("ZTO" or "Company"). It is through its extensive and reliable nationwide network coverage in China, that ZTO is able to provide express delivery services as well as other value-added logistics services.
In order to support the rapid growth in e-commerce in China, ZTO believes that the Company's highly scalable network partner model is best suited to support this growth. In addition to providing pickup and last-mile delivery services, the Company also manages the line-haul transportation network and sorting network in the express delivery service value chain, which is mission critical.
Visit the company's website at http://zto.investorroom.com for more information.
Statement of Safe Harbor
There are certain statements in this press release that could be deemed "forward-looking" statements pursuant to the "safe harbor" provisions of the U.S. Securities and Exchange Commission. As a result of the 1995 Private Securities Litigation Reform Act,. Generally, forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "aims," "future," "intends," "plans," "believes," "estimates," "likely to," and other similar expressions that may be used.. A forward-looking statement is one that does not refer to historical facts, and includes, but is not limited to, statements about ZTO's beliefs, plans, and expectations about the future. There are inherent risks and uncertainties associated with forward-looking statements. Further information regarding these and other risks can be found in ZTO's filings with the Securities and Exchange Commission (SEC) and The Stock Exchange of Hong Kong Limited.. The information contained in this press release is as of the date of this press release, and ZTO does not undertake any obligation to update any forward-looking statement, except as required by applicable law to do so
The information contained in this press release is as of the date of this press release, and ZTO does not undertake any obligation to update any forward-looking statement, except as required by applicable law to do so
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The investor relations department of ZTO Express (Cayman) Inc. can be reached at [email protected] or by telephone at +86 21 5980 4508.
ZTO Express (Cayman) Inc. is the source of this information.
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