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ZTO ZTO Express Cayman Inc

21.48
-0.14 (-0.65%)
04 May 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
ZTO Express Cayman Inc NYSE:ZTO NYSE Depository Receipt
  Price Change % Change Price High Price Low Price Open Price Traded Last Trade
  -0.14 -0.65% 21.48 21.705 21.275 21.63 5,354,066 01:00:00

ZTO Expands Fresh Produce Delivery Services

29/08/2017 1:42pm

PR Newswire (US)


ZTO Express Cayman (NYSE:ZTO)
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SHANGHAI, Aug. 29, 2017 /PRNewswire/ -- ZTO Express (Cayman) Inc. (NYSE: ZTO) ("ZTO" or the "Company"), a leading express delivery company in China"), today announced that it has expanded its fresh produce delivery services with the addition of two high-speed rail links between Kunming, Yunnan Province, and Beijing and Shanghai. The expansion extends ZTO's current fresh product delivery network to a total of eight high-speed rail links including Guangdong, Guangxi, Hunan, Hubei, Jiangxi and Guiyang Provinces.  

ZTO began offering fresh produce delivery services in 2016 and rapidly expanded it across China in collaboration with air transportation and high-speed rail networks to guarantee on-time delivery. ZTO has established outlets in a number of fresh produce markets across China's south and southwest ensuring the timely and safe delivery of fruits, vegetables and flowers to major markets along the east coast within 24 hours.      

Mr. Meisong Lai, Chairman and Chief Executive Officer of ZTO, commented "The addition of two high-speed rail lines between Kunming and Beijing and Shanghai in addition to the 12 airports in which we arrange air transportation will ensure the freshness of produce we deliver from Yunnan to major markets on the Chinese eastern coast. The expansion of our fresh produce delivery services is part of our focus on anticipating the needs and providing higher-quality services to our end customers, which further strengthens customer satisfaction and brand loyalty. By expanding the application of new technology and leveraging the data from our service outlets, we are able to ensure the timely delivery of fresh produce parcels by attaching digital waybills which prioritizes their handling and delivery through each step of the delivery process. As the scale of our business grows, we will continue to expand our transportation network in order to provide the highest quality service possible and increase shareholder value."     

About ZTO Express (Cayman) Inc.

ZTO Express (Cayman) Inc. (NYSE: ZTO) ("ZTO" or the "Company") is a leading express delivery company in China and one of the largest express delivery companies globally, in terms of total parcel volume in 2015, according to the iResearch Report. ZTO provides express delivery service as well as other value-added logistics services through its extensive and reliable nationwide network coverage in China.

ZTO operates a highly scalable network partner model, which the Company believes is best suited to support the significant growth of e-commerce in China. The Company leverages its network partners to provide pickup and last-mile delivery services, while controlling the mission-critical line-haul transportation and sorting network within the express delivery service value chain.

For more information, please visit http://zto.investorroom.com.

Safe Harbor Statement

This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "confidence" and similar statements. ZTO may also make written or oral forward-looking statements in its reports filed or furnished to the U.S. Securities and Exchange Commission, in its annual reports to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about ZTO's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement. Further information regarding these and other risks is included in our annual report on Form 20-F and other documents filed with the Securities and Exchange Commission. All information provided in this press release is as of the date of this press release, and ZTO undertakes no duty to update such information, except as required under applicable law.

For investor and media inquiries, please contact:

ZTO

Investor Relations Department
E-mail: ir@zto.com

Christensen

In China
Mr. Christian Arnell
Phone: +86-10- 5900-1548
E-mail: carnell@christensenir.com

In US
Mr. Tip Fleming
Phone: +1-917-412-3333
Email: tfleming@Christensenir.com

View original content:http://www.prnewswire.com/news-releases/zto-expands-fresh-produce-delivery-services-300510758.html

SOURCE ZTO Express (Cayman) Inc.

Copyright 2017 PR Newswire

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