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29 Sep 2020

Wonderful Sky Financial Group Assists ZTO Express (Cayman) Inc. (Stock Code: 2057.HK) with the Successful Listing on HKEx

ZTO Express (Cayman) Inc. (Stock Code: 2057) was successfully listed and commenced trading on the Main Board of The Stock Exchange of Hong Kong Limited (“SEHK”) today.

 

ZTO Express is a leading express delivery company in China. Founded in 2002, ZTO Express is China’s leading express delivery service provider based on total parcel volume, with a 19.1% market share in 2019. ZTO Express is the youngest among the scaled express delivery companies in China and the largest in scale and the most profitable among the Tongda Operators, who is the express delivery service providers utilizing the “network partner model” in China, namely Company, YUNDA Holding Co., Ltd., YTO Express Group Co.,Ltd., BEST Inc. and STO Express Co.,Ltd.. ZTO Express provides express delivery services and other value-added logistics services through their nationwide network. Under a network partner model, ZTO Express operates the mission-critical line-haul transportation and sorting network within the express delivery service value chain, whereas their network partners operate the outlets that provide first-mile pickup and last-mile delivery services. The network partner model enables the company to scale their network rapidly with limited capital outlay and fixed costs, consequently driving higher return on invested capital and equity.

 

ZTO Express has developed one of the most extensive and reliable delivery networks in China. As of June 30, 2020, their network infrastructure consists of 90 sorting hubs with 282 automation lines, over 3,400 line-haul routes serviced by approximately 9,050 self-owned line-haul vehicles, and over 5,000 direct network partners operating approximately 30,000 pickup/delivery outlets and over 50,000 last-mile posts. The network of the company covers over 99.2% of cities and counties in China.

 

As the only major integrated financial communications company in the world that is listed on the HKEx, Wonderful Sky will continue to provide a "one-stop” and ten-in-one prime financial public relations services, including financial public relations, investor relations, international roadshows, financial printing , corporate branding, ESG report, asset management, corporate doctor, Compulsory and Commercial Insurance and headhunting program. “Your Success is Our Inspiration” is the motto of Company's Group, by which we strive to become the select partner of listed companies for the long term by offering customized and professional services to Company's clients.