中通快递-W2025 年年报

( 於開曼群島註冊成立以不同投票權控制的有限責任公司 )股份代號 :2057 2025年 度 報 告 24814225661799499101103106109172173 20254252025425 2026318Herman YU20251231 16851201708 Herman YU 99565603 20263182026318 PO Box 309, Ugland HouseGrand Cayman, KY1-1104Cayman Islands 20263182026318202512312025319Herman YU2026318 •8835 1608 1750 183171712-1716 2057 ZTO Maples Fund Services (Cayman) LimitedP.O.Box 1093, Boundary HallCricket Square, Grand Cayman, KY1-1102Cayman Islands http://zto.investorroom.com/ (1) (2) 20252024123144,280.710.9%202549,098.7 ZTO (i)(ii) 99%202512316,00031,000100,000 202512319378110,0003,8009,7001517 1 202512312024 (ESG) 2019ESGESGESGESGhttp://zto.investorroom.com/ 202648ADS20251231ADS0.3940%AB202648430183171712-1716AB2026422ADS2026429 15 20262150.925%1,404.110,970.1(i)1,000AADS(ii)500 A 18,254,400A3,269,363,040 202624 20181120.020266302025123159,839,819ADS1,397.65202622885,467,295AADS20.0 20263172415.020263202028320193410b5-110b-18 2024340%202650% 20263182026318 (i) Herman YU(ii)(iii)2026318 2002 2026423.7435.210%13% 2024123143,395.311.3%202548,290.713.3%1.7%2025123171.7%111.8% 2025123120248.7% 2025123120246.3% 2024123130,563.620.5%2025123136,827.2 13,970.5202413,966.412.2%5 9,837.720249,163.87.4%(i)432.5(ii)276.63.7%12025123178120241231596 760.32024828.38.2% 578.02024651.711.3% •11,680.720245,953.496.2%5,533.2 2024123113,717.110.5%2025123112,271.4202431.0%2025123125.0% 20241,940.27.4%202512311,796.6 202412312,690.02.0%202512312,637.623.56.1%5.4% 20241231749.812.2%20251231841.0(i)547.6(ii)201.7(iii)24.1 2025123110,474.911,776.911.1%26.6%21.3% 20241231993.524.8%20251231747.1 20241231337.926.4%20251231248.6 20241231202.937.9%20251231126.0 2025123184.42017102025 202512311.52024123117.9 202412312,845.433.0%202512311,905.22025123120247.1%(i)2025375.8202410%(ii)138.3(iii)2024931.42024 202412318,887.63.9%202512319,235.7(i)479.9(ii)451.5 20251231 2025123126.2%2024123132.1% 2025123110,011.529.115,620.92025123179.6%88.6% 2025123110918.0202512311.13%2.40%2025123195.3%99.8% 12 20251231 2025123146 202512312,890.710%262.8 20251231 20251231612024123159 2025123144 2025123123,399 202512313,312.8202412313,392.6 ZTO ES2024 20251231 20254252025425 2026318Herman YU20251231 5659 201548 1 5821 2025123120-F ••••••• ••• •(i)(ii)A ••• ••PCAOBPCAOB•PCAOBHFCAA •AA•A• 20251231 100% 20251128100%178,000,000 20251128100%(i)19.5%(ii)4.5%(iii)18% 20251128 (1)34.35%12.00%10.00%7.05%6.00%5.02%4.40%1.40%1.06%18.72%34344.00%202633170 20242024962024111 •••••• 2015818(i)(ii)(iii)(iv) 201581820159 2015818(i)(ii) 2015818(i)(ii)(iii)(iv) 73.8% 20158182020810100% 2022122320234262020920158 2025123187.1%2025123126.2%73.4% 14AHKEX-GL112-223.48 5%14A 14A14A A(i)14A(ii)14A.53(iii)14A.52 (i) (ii) (iv)14A(v) (iii) (i)(ii)(iii) (iv) (i)(ii)(iii)14A (v) •(i)(ii)(iii)(iv) • •14A14A •A 20251231 (i)(ii) 2025123120251231 ZTO Freight1,515.0 (1)ZTOFreight (1) 202212232023426 (i)(ii)(iii)(iv) 20251231 202212232023426 (2) 20221223(i)(ii)(iii)(iv)2023426(v)(vi) (i)(ii)(iii)(i)(ii)(i)(ii) 20251231 202212232023426 (3) 202212232023426 20251231 202212232023426 (4) 20221223(i)2023426(ii) (i)(ii)(i)(ii)(iii) 20251231 202212232023426 20241302024130 (5)ZTO Freight ZTO Freight202212232023426ZTOFreightZTO Freight ZTO Freight ZTO Freight20251231 ZTO Freight202212232023426 (6) (A)20221223(i)(ii)(iii)(iv)ZTOFreight(B)2023426(v)2023426 (i)ZTO Freight(ii) 20251231 202212232023426 20241302024130 (7) 2023426(i) ZTO Freight(ii) ZTO FreightZTO FreightZTO FreightZTO FreightZTO FreightZTO FreightZTO Freight 20251231 2023426 202512311814A14A 2646 (1)(2)(3)(4)(5)(6) 14A.563000740 (1)(2)(3)(4)3940(5) 202512292026112028123120251229 ABABB 20251231B 1202512314,787,381A(a)ZTO ES964,765AZTO ES(i)(ii)(b)2024450,000450,000A 2Zto Lms Holding LimitedThe LMS Family TrustThe LMS Family TrustStandard Chartered Trust (Singapore) LimitedThe LMS FamilyTrust 20251231ABAB20251231589,428,169A206,100,000B4,787,381AZTO ES964,765A2024450,000206,100,000B77.9%ZTO ESZTO ES BABA206,100,000A20251231A35.0% 19C8A8A.468A8A8A 10%BA(1)B(2)BBA 2025123130%30% 5% 1 5 20251231103105 18.5 2025318202412310.352025410 2025819202593020256300.30 2026317202512310.3920264840%AB202648183171712-1716AB2026422ADS2026429 20228102027202720271.50%202331319120272027912027A 202582027982.32027982.32025123117.72027202720257302025831202593202713 9,293,112A175,495,567.17 20251231 161469 2025123110310524 2025123112 2025123112 202342520235120235130 20234252025425202351202351202542530 2728 • 8.10 2026417 552013520 602013520121020091020123 57202252017620163201722008320163 200372006120071 55201352007520111VIPS 2004519951219927 372017998889988BABA20252202511987820238202591528601828 2015201720112013201020113908601995 2009720156 56201610CEG (Asia) Limited19992001SOHUPrudentialSecurities Inc. 19909 Herman YU Herman YU55201610Herman YUWeb3Herman YUBIDU9888202182023