SHANGHAI, May 17, 2023
/PRNewswire/ -- ZTO Express (Cayman) Inc. (NYSE: ZTO and HKEX:
2057), a leading and fast-growing express delivery company in
China ("ZTO" or the "Company"),
today announced that the board of directors of the Company (the
"Board") has appointed Mr. Xudong
Chen as a director of the Company, effective June 15, 2023. Mr. Zheng
Liu has tendered his resignation as a director of the
Company, effective June 15,
2023. Mr. Liu's resignation was not due to any disagreement
with the Company.
Mr. Xudong
Chen has been a Director for Strategic Investment at Alibaba
Group since May 2023. From
November 2019 to April 2023, Mr. Chen was a Director for Strategic
Investment at Cainiao Network. From September 2013 to November
2019, Mr. Chen successively served as an associate, senior
associate, vice president, and executive director for private
equity investment at HOPU Investments. From July 2012 to August
2013, Mr. Chen served as an associate at investment banking
department of Deutsche Bank Securities in New York. From July
2006 to October 2008, Mr. Chen
worked at investment banking department of China International
Capital Corporation as an analyst. Mr. Chen has been a
non-executive director of Quantium Solutions International Pte.
Ltd. since June 2022. Mr. Chen
received his MBA degree from Ross
School of Business at University of
Michigan in 2012, and his bachelor's degree in economics
from Fudan University in 2006.
About ZTO Express (Cayman) Inc.
ZTO Express (Cayman) Inc. (NYSE: ZTO and SEHK: 2057) ("ZTO" or
the "Company") is a leading and fast-growing express delivery
company in China. 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 press release contains statements that may constitute
"forward-looking" statements pursuant to 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," "aims,"
"future," "intends," "plans," "believes," "estimates," "likely to,"
and similar statements. Statements that are not historical facts,
including statements about ZTO's beliefs, plans, and expectations,
are forward-looking statements. Forward-looking statements involve
inherent risks and uncertainties. Further information regarding
these and other risks is included in ZTO's filings with the SEC.
All information provided 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 under
applicable law.
For investor inquiries, please contact:
ZTO Express (Cayman) Inc.
Investor Relations
E-mail: ir@zto.com
Phone: +86 21 5980 4508
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SOURCE ZTO Express (Cayman) Inc.