ZTO Express Projects 18 Percent Parcel Volume Growth and Up to RMB 39.8 Billion Revenue for Fiscal Year 2025

ZTO Express has released preliminary estimates for its financial performance in the fiscal year ending December 31, 2025. The company projects total revenue to range between RMB 38.2 billion and RMB 39.8 billion, reflecting an approximate increase of 15% to 20% compared to the previous year. Net income is estimated to fall within RMB 7.4 billion and RMB 7.8 billion, representing a growth rate of approximately 18% to 24%. Adjusted net income is expected to be between RMB 7.6 billion and RMB 8 billion, marking a similar percentage increase.

The company attributes these projections to operational improvements and increased parcel volume during the year. ZTO anticipates parcel volume growth of approximately 18% to reach around 35 billion parcels in total for the year, driven by expanding e-commerce activity and market demand. These figures are based on preliminary assessments and may be subject to change upon final review of audited financial results later this year.

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Date: February 4, 2026

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GOAI