GraceFinance · Source-backed public company research
ZTO Express (Cayman) Inc. (ZTO)
NYSE · Transportation, Communications & Utilities · Trucking & Courier Services (No Air)
Core research established · 4/4 core data layers currently established
What ZTO Express (Cayman) Inc. does
A. History and Development of the Company We commenced our express delivery service business through Shanghai Zhongtongji Express Service Co., Ltd. in Shanghai, China in January 2009. This entity operated express delivery services in Shanghai, Anhui Province, Jiangsu Province and Zhejiang Province, and authorized and cooperated with third-party business partners to operate ZTO-branded express delivery services elsewhere in China. In January 2013, the shareholders who owned Shanghai Zhongtongji Express Service Co., Ltd., together with 15 network partners located in the cities and provinces mentioned above, established ZTO Express as a holding company. In January 2014, ZTO Express acquired businesses and assets of Shanghai Zhongtongji Express Service Co., Ltd.
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