ZTO Express Financial Overview slide image

ZTO Express Financial Overview

Our Business: Past and Present Past: Following the Lead • First line-haul to truck across provinces in 2005 • PRC Postal Law (Revised in (2009) 新邮政法 legalized express delivery companies to operate alongside Postal Services Shanghai Zhongtongji Express commenced operations Acquired an additional 16 network partners to form a centrally managed nationwide network 1st generation automated sorting equipment jointly developed with Chinese Academy of Sciences Present: Pursuing and Surpassing 調 Certified as a National High and New Technology Enterprise高新技术企业 Achieved 90% digital waybill adoption • Founded in May 2002, being the youngest of I Tongdas ה I First to effectively implement "paid delivery" and prepayment-settlement practice with proprietary system Early adoption of E-Waybill Acquired 8 regional network partners' businesses I . . Z中通快递 ZTO EXPRESS Included in the MSCI Global Standard Index . Certified as a National Key Software Enterprise Completed secondary listing on HKEX 980 990 Completed US $1 billion convertible senior notes offering Became No.1 in China by parcel volume NYSE listed in 2016, first among Tongdas to become publicly listed abroad $ Alibaba led US$1.38bn strategic equity investment • Early mover on last-mile post Invested in Cainiao Post 50% 2011-2022 CAGR 2002 2005 2008 2009 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 Total Parcel 0.3bn 0.5bn 1.1bn 1.8bn 3.0bn 4.5bn 6.2bn 8.5bn (12.1bn (17.0bn) (22.3bn (24.4bn Volume Incremental Parcel Volume¹ 0.2bn 0.6bn 0.7bn 1.1bn 1.6bn 1.7bn 2.3bn 3.6bn 4.9bn 5.3bn 2.1bn Market Share 7.6% 9.3% 11.6% 13.0% 14.3% 14.4% 15.5% 16.8% 19.1% 20.4% 20.6% 22.1% Note: 1. Numbers may not add up due to rounding 10 5
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