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🇺🇸 SECZTO Express (Cayman) Inc.Qwen · 实盘不做把握 8/10不做原因:无增量信息
北京时间·🕒 发布 18:38:03·⟳ 抓取 18:38:32 +29s·⚡ 决策 09-14 18:40:29 +1m57s·43.3 天前

中通快递(ZTO)向SEC提交6-K,附港交所9月9日至14日「翌日披露报表」,仅为既有回购授权下每日ADS回购的例行申报

正文四份附件均为港交所规则13.25A/10.06(4)(a)项下的Next Day Disclosure Return,属既定回购授权的例行日度申报:披露的是8月至9月上旬已发生的回购明细,日均约900–950万美元、累计8,716,382股(占授权额度约1.14%),无新增授权额度、无回购计划变更、无经营或财务信息。这类程序性备案不产生相对一致预期的增量,也不构成可交易的短线催化;跨源已处理消息检查(72小时)未命中同一催化的历史记录,说明这是每日新提交的例行文件而非重复,但同样不改变「无增量事实」的结论。行情核验不会改变做/不做判断,故未调用。

📄 原文ZTO Express (Cayman) Inc.↗ 原文
----- tm2625367d1_6k.htm ----- 6-K 1 tm2625367d1_6k.htm FORM 6-K UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHI…
不做 中通快递(开曼)(ZTO.US)
6-K内容仅为港交所翌日披露报表的例行转呈:披露2026年6月16日回购授权下已于8月12日至9月11日发生的每日ADS回购(最新一笔454,122份、约938万美元、全部注销),累计8,716,382股仅占授权额度约1.14%。授权、规模与节奏早已公开,无新增额度、无计划变更、无经营/财务增量,属程序性备案而非催化,且量级相对公司体量可忽略,无正期望与可交易边界,故不做。
不做 中通快递-SW(02057.HK)
同一发行人的港股载体,回购在纽交所执行、注销同一股本池;港交所翌日披露报表本身即该等回购的法定例行申报,不构成独立事件,亦无二阶传导,故不做。
展开详情(成交明细 / 研究档案 / 原文全文 / 决策记录链)

研究档案

结论摘要

6-K只是把2026年6月已公开回购授权下的每日ADS回购明细(最新9月11日454,122份、约938万美元)按港交所规则例行申报,无新增授权、金额或经营信息,属程序性备案而非催化,故不做。

🔎 新鲜度:最早出现 2026-09-14 · 扩散 low · price-in 风险 high ↗

先例如何影响了这次决策

对本次决策的影响:未改变结论;即使存在同类回购披露的价格统计,其量级(单日约938万美元 vs 公司百亿级美元市值)也不足以支撑任何仓位

方向:未检索先例:本次为程序性备案(每日回购翌日披露),不含相对一致预期的增量信息,不存在可测量的事件反应,先例研究无法改变结论

涨幅量级:不适用;无对齐先例可用于校准幅度

形态:不适用

工具执行结果 · 成功 1 · 降级 0 · 失败 0 · 取消 0
  1. search_processed_events 成功 stock_tools HTTP · 36 ms
    {"result": "search_processed_events:agent query=`02057 中通快递 股份回购 披露 | zto buyback program 6-k 回购公告 | zto express share repurchase american depositary shares nyse | 中通快递 zto express 回购 ads next day disclosure return`;结构化索引覆盖完整 72 小时;旧记录兼容扫描近 0.0/72 小时、0 条本臂决策(完整),返回 0 条候选。未命中只表示这些 agent query 表达式没有召回

原文全文

展开原文 · 60,955 字
----- tm2625367d1_6k.htm -----
6-K
1
tm2625367d1_6k.htm
FORM 6-K
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 UNDER
THE SECURITIES EXCHANGE ACT OF 1934
For the month of
S
eptember 2026
Commission File Number: 001-37922
ZTO Express (Cayman) Inc.
Building One, No. 1685
Huazhi Road
Qingpu District
Shanghai, 201708
People's Republic of China
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual
reports under cover of Form 20-F or Form 40-F.
Form 20-F
x
Form 40-F
¨
Exhibit Index
Exhibit 99.1 — Next Day Disclosure Return Dated September 9, 2026
Exhibit 99.2 — Next Day Disclosure Return Dated September 10, 2026
Exhibit 99.3 — Next Day Disclosure Return Dated September 11, 2026
Exhibit 99.4 — Next Day Disclosure Return Dated September 14, 2026
2
SIGNATURES
Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
ZTO Express (Cayman) Inc.
By
:
/s/
Huiping Yan
Name
:
Huiping Yan
Title
:
Chief Financial Officer
Date: September
14, 2026
3

----- tm2625367d1_ex99-1.htm -----
EX-99.1
2
tm2625367d1_ex99-1.htm
EXHIBIT 99.1
Exhibit 99.1
FF305
Page 1 of 9 v 1.3.0
Next Day Disclosure Return
(Equity issuer - changes in issued shares or treasury shares, share buybacks and/or on-market sales of treasury shares)
Instrument: Equity issuer Status: New Submission
Name of Issuer: ZTO Express (Cayman) Inc. (A company controlled through weighted voting rights and incorporated in the Cayman Islands with limited liability)
Date Submitted: 09 September 2026
Section I must be completed by a listed issuer where there has been a change in its issued shares or treasury shares which is discloseable pursuant to rule 13.25A of the Rules Governing the
Listing of Securities on The Stock Exchange of Hong Kong Limited (the “Exchange”) (the “Main Board Rules”) or rule 17.27A of the Rules Governing the Listing of Securities on GEM of the
Exchange (the “GEM Rules”).
Section I
1. Class of shares WVR ordinary shares Type of shares A Listed on the Exchange Yes
Stock code (if listed) 02057 Description Class A Ordinary Shares
A. Changes in issued shares or treasury shares
Events
Changes in issued shares
(excluding treasury shares)
Number of issued
shares (excluding
treasury shares)
As a % of existing
number of issued
shares (excluding
treasury shares) before
the relevant event
(Note 3)
Changes in treasury
shares
Number of treasury
shares
Issue/ selling price per
share (Note 4)
Total number of issued
shares
Opening balance as at (Note 1) 04 September 2026 557,330,906 0 557,330,906
1). Other (please specify)
See Part B
Date of changes 08 September 2026
%
Closing balance as at (Notes 5 and 6) 08 September 2026 557,330,906 0 557,330,906
FF305
Page 2 of 9 v 1.3.0
B. Shares redeemed or repurchased for cancellation but not yet cancelled as at the closing balance date (Notes 5 and 6)
1). Repurchase of shares but not cancelled
Repurchase of 73,128 American depositary shares (representing 73,128 class
A ordinary shares) on August 12, 2026 U.S. time
Date of changes 12 August 2026
73,128 % USD 22.98
2). Repurchase of shares but not cancelled
Repurchase of 218,268 American depositary shares (representing 218,268 class
A ordinary shares) on August 13, 2026 U.S. time
Date of changes 13 August 2026
218,268 % USD 22.89
3). Repurchase of shares but not cancelled
Repurchase of 218,091 American depositary shares (representing 218,091 class
A ordinary shares) on August 14, 2026 U.S. time
Date of changes 14 August 2026
218,091 % USD 22.91
4). Repurchase of shares but not cancelled
Repurchase of 218,381 American depositary shares (representing 218,381 class
A ordinary shares) on August 17, 2026 U.S. time
Date of changes 17 August 2026
218,381 % USD 22.88
5). Repurchase of shares but not cancelled
Repurchase of 300 American depositary shares (representing 300 class A
ordinary shares) on August 18, 2026 U.S. time
Date of changes 18 August 2026
300 % USD 23
6). Repurchase of shares but not cancelled
Repurchase of 231,703 American depositary shares (representing 231,703 class
A ordinary shares) on August 19, 2026 U.S. time
Date of changes 19 August 2026
231,703 % USD 21.56
7). Repurchase of shares but not cancelled
Repurchase of 234,285 American depositary shares (representing 234,285 class
A ordinary shares) on August 20, 2026 U.S. time
Date of changes 20 August 2026
234,285 % USD 21.32
8). Repurchase of shares but not cancelled
Repurchase of 232,434 American depositary shares (representing 232,434 class
A ordinary shares) on August 21, 2026 U.S. time
Date of changes 21 August 2026
232,434 % USD 21.49
FF305
Page 3 of 9 v 1.3.0
9). Repurchase of shares but not cancelled
Repurchase of 235,447 American depositary shares (representing 235,447 class
A ordinary shares) on August 24, 2026 U.S. time
Date of changes 24 August 2026
235,447
% USD 21.22
10). Repurchase of shares but not cancelled
Repurchase of 234,165 American depositary shares (representing 234,165 class
A ordinary shares) on August 25, 2026 U.S. time
Date of changes 25 August 2026
234,165
% USD 21.33
11). Repurchase of shares but not cancelled
Repurchase of 233,738 American depositary shares (representing 233,738 class
A ordinary shares) on August 26, 2026 U.S. time
Date of changes 26 August 2026
233,738
% USD 21.37
12). Repurchase of shares but not cancelled
Repurchase of 236,520 American depositary shares (representing 236,520 class
A ordinary shares) on August 27, 2026 U.S. time
Date of changes 27 August 2026
236,520
% USD 21.12
13). Repurchase of shares but not cancelled
Repurchase of 232,752 American depositary shares (representing 232,752 class
A ordinary shares) on August 28, 2026 U.S. time
Date of changes 28 August 2026
232,752
% USD 21.46
14). Repurchase of shares but not cancelled
Repurchase of 234,241 American depositary shares (representing 234,241 class
A ordinary shares) on August 31, 2026 U.S. time
Date of changes 31 August 2026
234,241
% USD 21.33
15). Repurchase of shares but not cancelled
Repurchase of 237,130 American depositary shares (representing 237,130 class
A ordinary shares) on September 1, 2026 U.S. time
Date of changes 01 September 2026
237,130
% USD 21.07
16). Repurchase of shares but not cancelled
Repurchase of 391,825 American depositary shares (representing 391,825 class
A ordinary shares) on September 2, 2026 U.S. time
Date of changes 02 September 2026
391,825
% USD 21.02
17). Repurchase of shares but not cancelled
Repurchase of 471,746 American depositary shares (representing 471,746 class
A ordinary shares) on September 3, 2026 U.S. time
Date of changes 03 September 2026
471,746
% USD 20.78
FF305
Page 4 of 9 v 1.3.0
18). Repurchase of shares but not cancelled
Repurchase of 398,803 American depositary shares (representing 398,803 class
A ordinary shares) on September 4, 2026 U.S. time
Date of changes 04 September 2026
398,803 % USD 21.02
19). Repurchase of shares but not cancelled
Repurchase of 455,123 American depositary shares (representing 455,123 class
A ordinary shares) on September 8, 2026 U.S. time
Date of changes 08 September 2026
455,123 0.06 % USD 20.89
Remarks: The percentage as stated in the above "changes in issued shares (excluding treasury shares) as a % of existing number of issued shares (excluding treasury shares)
before the relevant event" column was calculated based on the Company's total number of issued shares of 763,430,906 shares (comprising 557,330,906 Class A
ordinary shares and 206,100,000 Class B ordinary shares).
FF305
Page 5 of 9 v 1.3.0
Confirmation
Pursuant to Main Board Rule 13.25C / GEM Rule 17.27C, we hereby confirm to the best knowledge, information and belief that, in relation to each issue of shares or sale or transfer of treasury
shares as set out in Section I, it has been duly authorised by the board of directors of the listed issuer and carried out in compliance with all applicable listing rules, laws and other regulatory
requirements and, insofar as applicable:
(Note 7)
(i) all money due to the listed issuer in respect of the issue of shares, or sale or transfer of treasury shares has been received by it;
(ii) all pre-conditions for the listing imposed by the Main Board Rules / GEM Rules under "Qualifications of listing" have been fulfilled;
(iii) all (if any) conditions contained in the formal letter granting listing of and permission to deal in the securities have been fulfilled;
(iv) all the securities of each class are in all respects identical (Note 8);
(v) all documents required by the Companies (Winding Up and Miscellaneous Provisions) Ordinance to be filed with the Registrar of Companies have been duly filed and that compliance has
been made with all other legal requirements;
(vi) all the definitive documents of title have been delivered/are ready to be delivered/are being prepared and will be delivered in accordance with the terms of issue, sale or transfer;
(vii) completion has taken place of the purchase by the issuer of all property shown in the listing document to have been purchased or agreed to be purchased by it and the purchase
consideration for all such property has been duly satisfied; and
(viii) the trust deed/deed poll relating to the debenture, loan stock, notes or bonds has been completed and executed, and particulars thereof, if so required by law, have been filed with the
Registrar of Companies.
Notes to Section I:
1. Please insert the closing balance date of the last Next Day Disclosure Return published pursuant to Main Board Rule 13.25A / GEM Rule 17.27A or Monthly Return pursuant to Main
Board Rule 13.25B / GEM Rule 17.27B, whichever is the later.
2. Please set out all changes in issued shares or treasury shares requiring disclosure pursuant to Main Board Rule 13.25A / GEM Rule 17.27A together with the relevant dates of
changes. Each category will need to be disclosed individually with sufficient information to enable the user to identify the relevant category in the listed issuer's Monthly Return. For
example, multiple issues of shares as a result of multiple exercises of share options under the same share option scheme or of multiple conversions under the same convertible note
must be aggregated and disclosed as one category. However, if the issues resulted from exercises of share options under 2 share option schemes or conversions of 2 convertible
notes, these must be disclosed as 2 separate categories.
3. The percentage change in the number of issued shares (excluding treasury shares) of the listed issuer is to be calculated by reference to the opening balance of the number of issued
shares (excluding treasury shares) being disclosed in this Next Day Disclosure Return.
FF305
Page 6 of 9 v 1.3.0
4. In the case of a share repurchase or redemption, the “issue/ selling price per share” shall be construed as “repurchase price per share” or “redemption price per share”.
Where shares have been issued/ sold/ repurchased/ redeemed at more than one price per share, a volume-weighted average price per share should be given.
5. The closing balance date is the date of the last relevant event being disclosed.
6. For repurchase or redemption of shares, disclosure is required when the relevant event has occurred (subject to the provisions of Main Board Rules 10.06(4)(a), 13.25A and 13.31 /
GEM Rules 13.13(1), 17.27A and 17.35), even if the repurchased or redeemed shares have not yet been cancelled.
If repurchased or redeemed shares are to be cancelled upon settlement of such repurchase or redemption after the closing balance date, they shall remain part of the issued shares as
at the closing balance date in Part A. Details of these repurchased or redeemed shares shall be disclosed in Part B.
7. Items (i) to (viii) are suggested forms of confirmation. The listed issuer may amend the item(s) that is/are not applicable to meet individual cases.
8. “Identical” means in this context:
- the securities are of the same nominal value with the same amount called up or paid up;
- they are entitled to dividend/interest at the same rate and for the same period, so that at the next ensuing distribution, the dividend/interest payable per unit will amount to
exactly the same sum (gross and net); and
- they carry the same rights as to unrestricted transfer, attendance and voting at meetings and rank pari passu in all other respects.
FF305
Page 7 of 9 v 1.3.0
Section II must also be completed by a listed issuer where it has made a repurchase of shares which is discloseable under Main Board Rule 10.06(4)(a) / GEM Rule 13.13(1).
Repurchase report
Section II
1. Class of shares WVR ordinary shares Type of shares A Listed on the Exchange Yes
Stock code (if listed) 02057 Description Class A Ordinary Shares
A. Repurchase report
Trading date Number of shares
repurchased
Method of repurchase
(Note 1)
Repurchase price per share or
highest repurchase price per
share $
Lowest repurchase
price per share $ Aggregate price paid $
1). 08 September 2026 455,123 On another stock exchange
New York Stock Exchange
USD 20.94 USD 20.72 USD 9,506,563.71
Total number of shares
repurchased 455,123 Aggregate price paid $ USD 9,506,563.71
Number of shares
repurchased for
cancellation
455,123
Number of shares
repurchased for holding
as treasury shares
0
B. Additional information for issuer who has a primary listing on the Exchange
1). Date of the resolution granting the repurchase mandate 16 June 2026
2). Total number of shares which the issuer is authorised to repurchase under the repurchase mandate 76,599,956
3). Number of shares repurchased on the Exchange or another stock exchange under the repurchase mandate (a) 7,356,736
4). As a % of number of issued shares (excluding treasury shares) as at the date of the resolution granting the repurchase mandate
(a) x 100 / number of issued shares (excluding treasury shares) as at the date of the resolution granting the repurchase mandate
0.96 %
5). Moratorium period for any issue of new shares, or sale or transfer of treasury shares after the share repurchase(s) set out in Part A
(Note 2)
Up to 08 October 2026
FF305
Page 8 of 9 v 1.3.0
We hereby confirm that the repurchases made on the Exchange set out in Part A above were made in accordance with the Main Board Rules / GEM Rules and that there have been no material
changes to the particulars contained in the Explanatory Statement dated April 17, 2026 which has been filed with the Exchange. We also confirm that any repurchases made on another stock
exchange set out in Part A above were made in accordance with the domestic rules applying to repurchases on that other stock exchange.
Notes to Section II:
1. Please state whether the repurchase was made on the Exchange, on another stock exchange (stating the name of the exchange), by private arrangement or by general offer.
2. Subject to the carve-out set out in Main Board Rule 10.06(3)(a)/ GEM Rule 13.12, an issuer may not (i) make a new issue of shares, or a sale or transfer of any treasury shares; or (ii)
announce a proposed new issue of shares, or a sale or transfer of any treasury shares, for a period of 30 days after any purchase by it of shares, whether on the Exchange or otherwise,
without the prior approval of the Exchange.
FF305
Page 9 of 9 v 1.3.0
Section III must also be completed by a listed issuer where it has made a sale of treasury shares on the Exchange or any other stock exchange on which the issuer is listed which is discloseable
under Main Board Rule 10.06B / GEM Rule 13.14B.
Report of on-market sale of treasury shares Not applicable
Submitted by: Songfei LI
(Name)
Title: Joint Company Secretary
(Director, Secretary or other Duly Authorised Officer)

----- tm2625367d1_ex99-2.htm -----
EX-99.2
3
tm2625367d1_ex99-2.htm
EXHIBIT 99.2
Exhibit 99.2
FF305
Page 1 of 9 v 1.3.0
Next Day Disclosure Return
(Equity issuer - changes in issued shares or treasury shares, share buybacks and/or on-market sales of treasury shares)
Instrument: Equity issuer Status: New Submission
Name of Issuer: ZTO Express (Cayman) Inc. (A company controlled through weighted voting rights and incorporated in the Cayman Islands with limited liability)
Date Submitted: 10 September 2026
Section I must be completed by a listed issuer where there has been a change in its issued shares or treasury shares which is discloseable pursuant to rule 13.25A of the Rules Governing the
Listing of Securities on The Stock Exchange of Hong Kong Limited (the “Exchange”) (the “Main Board Rules”) or rule 17.27A of the Rules Governing the Listing of Securities on GEM of the
Exchange (the “GEM Rules”).
Section I
1. Class of shares WVR ordinary shares Type of shares A Listed on the Exchange Yes
Stock code (if listed) 02057 Description Class A Ordinary Shares
A. Changes in issued shares or treasury shares
Events
Changes in issued shares
(excluding treasury shares)
Number of issued
shares (excluding
treasury shares)
As a % of existing
number of issued
shares (excluding
treasury shares) before
the relevant event
(Note 3)
Changes in treasury
shares
Number of treasury
shares
Issue/ selling price per
share (Note 4)
Total number of issued
shares
Opening balance as at (Note 1) 08 September 2026 557,330,906 0 557,330,906
1). Other (please specify)
See Part B
Date of changes 09 September 2026
%
Closing balance as at (Notes 5 and 6) 09 September 2026 557,330,906 0 557,330,906
FF305
Page 2 of 9 v 1.3.0
B. Shares redeemed or repurchased for cancellation but not yet cancelled as at the closing balance date (Notes 5 and 6)
1). Repurchase of shares but not cancelled
Repurchase of 73,128 American depositary shares (representing 73,128 class
A ordinary shares) on August 12, 2026 U.S. time
Date of changes 12 August 2026
73,128 % USD 22.98
2). Repurchase of shares but not cancelled
Repurchase of 218,268 American depositary shares (representing 218,268 class
A ordinary shares) on August 13, 2026 U.S. time
Date of changes 13 August 2026
218,268 % USD 22.89
3). Repurchase of shares but not cancelled
Repurchase of 218,091 American depositary shares (representing 218,091 class
A ordinary shares) on August 14, 2026 U.S. time
Date of changes 14 August 2026
218,091 % USD 22.91
4). Repurchase of shares but not cancelled
Repurchase of 218,381 American depositary shares (representing 218,381 class
A ordinary shares) on August 17, 2026 U.S. time
Date of changes 17 August 2026
218,381 % USD 22.88
5). Repurchase of shares but not cancelled
Repurchase of 300 American depositary shares (representing 300 class A
ordinary shares) on August 18, 2026 U.S. time
Date of changes 18 August 2026
300 % USD 23
6). Repurchase of shares but not cancelled
Repurchase of 231,703 American depositary shares (representing 231,703 class
A ordinary shares) on August 19, 2026 U.S. time
Date of changes 19 August 2026
231,703 % USD 21.56
7). Repurchase of shares but not cancelled
Repurchase of 234,285 American depositary shares (representing 234,285 class
A ordinary shares) on August 20, 2026 U.S. time
Date of changes 20 August 2026
234,285 % USD 21.32
8). Repurchase of shares but not cancelled
Repurchase of 232,434 American depositary shares (representing 232,434 class
A ordinary shares) on August 21, 2026 U.S. time
Date of changes 21 August 2026
232,434 % USD 21.49
FF305
Page 3 of 9 v 1.3.0
9). Repurchase of shares but not cancelled
Repurchase of 235,447 American depositary shares (representing 235,447 class
A ordinary shares) on August 24, 2026 U.S. time
Date of changes 24 August 2026
235,447
% USD 21.22
10). Repurchase of shares but not cancelled
Repurchase of 234,165 American depositary shares (representing 234,165 class
A ordinary shares) on August 25, 2026 U.S. time
Date of changes 25 August 2026
234,165
% USD 21.33
11). Repurchase of shares but not cancelled
Repurchase of 233,738 American depositary shares (representing 233,738 class
A ordinary shares) on August 26, 2026 U.S. time
Date of changes 26 August 2026
233,738
% USD 21.37
12). Repurchase of shares but not cancelled
Repurchase of 236,520 American depositary shares (representing 236,520 class
A ordinary shares) on August 27, 2026 U.S. time
Date of changes 27 August 2026
236,520
% USD 21.12
13). Repurchase of shares but not cancelled
Repurchase of 232,752 American depositary shares (representing 232,752 class
A ordinary shares) on August 28, 2026 U.S. time
Date of changes 28 August 2026
232,752
% USD 21.46
14). Repurchase of shares but not cancelled
Repurchase of 234,241 American depositary shares (representing 234,241 class
A ordinary shares) on August 31, 2026 U.S. time
Date of changes 31 August 2026
234,241
% USD 21.33
15). Repurchase of shares but not cancelled
Repurchase of 237,130 American depositary shares (representing 237,130 class
A ordinary shares) on September 1, 2026 U.S. time
Date of changes 01 September 2026
237,130
% USD 21.07
16). Repurchase of shares but not cancelled
Repurchase of 391,825 American depositary shares (representing 391,825 class
A ordinary shares) on September 2, 2026 U.S. time
Date of changes 02 September 2026
391,825
% USD 21.02
17). Repurchase of shares but not cancelled
Repurchase of 471,746 American depositary shares (representing 471,746 class
A ordinary shares) on September 3, 2026 U.S. time
Date of changes 03 September 2026
471,746
% USD 20.78
FF305
Page 4 of 9 v 1.3.0
18). Repurchase of shares but not cancelled
Repurchase of 398,803 American depositary shares (representing 398,803 class
A ordinary shares) on September 4, 2026 U.S. time
Date of changes 04 September 2026
398,803 % USD 21.02
19). Repurchase of shares but not cancelled
Repurchase of 455,123 American depositary shares (representing 455,123 class
A ordinary shares) on September 8, 2026 U.S. time
Date of changes 08 September 2026
455,123 % USD 20.89
20). Repurchase of shares but not cancelled
Repurchase of 450,401 American depositary shares (representing 450,401 class
A ordinary shares) on September 9, 2026 U.S. time
Date of changes 09 September 2026
450,401 0.06 % USD 20.73
Remarks: The percentage as stated in the above "changes in issued shares (excluding treasury shares) as a % of existing number of issued shares (excluding treasury shares)
before the relevant event" column was calculated based on the Company's total number of issued shares of 763,430,906 shares (comprising 557,330,906 Class A
ordinary shares and 206,100,000 Class B ordinary shares).
FF305
Page 5 of 9 v 1.3.0
Confirmation
Pursuant to Main Board Rule 13.25C / GEM Rule 17.27C, we hereby confirm to the best knowledge, information and belief that, in relation to each issue of shares or sale or transfer of treasury
shares as set out in Section I, it has been duly authorised by the board of directors of the listed issuer and carried out in compliance with all applicable listing rules, laws and other regulatory
requirements and, insofar as applicable:
(Note 7)
(i) all money due to the listed issuer in respect of the issue of shares, or sale or transfer of treasury shares has been received by it;
(ii) all pre-conditions for the listing imposed by the Main Board Rules / GEM Rules under "Qualifications of listing" have been fulfilled;
(iii) all (if any) conditions contained in the formal letter granting listing of and permission to deal in the securities have been fulfilled;
(iv) all the securities of each class are in all respects identical (Note 8);
(v) all documents required by the Companies (Winding Up and Miscellaneous Provisions) Ordinance to be filed with the Registrar of Companies have been duly filed and that compliance has
been made with all other legal requirements;
(vi) all the definitive documents of title have been delivered/are ready to be delivered/are being prepared and will be delivered in accordance with the terms of issue, sale or transfer;
(vii) completion has taken place of the purchase by the issuer of all property shown in the listing document to have been purchased or agreed to be purchased by it and the purchase
consideration for all such property has been duly satisfied; and
(viii) the trust deed/deed poll relating to the debenture, loan stock, notes or bonds has been completed and executed, and particulars thereof, if so required by law, have been filed with the
Registrar of Companies.
Notes to Section I:
1. Please insert the closing balance date of the last Next Day Disclosure Return published pursuant to Main Board Rule 13.25A / GEM Rule 17.27A or Monthly Return pursuant to Main
Board Rule 13.25B / GEM Rule 17.27B, whichever is the later.
2. Please set out all changes in issued shares or treasury shares requiring disclosure pursuant to Main Board Rule 13.25A / GEM Rule 17.27A together with the relevant dates of
changes. Each category will need to be disclosed individually with sufficient information to enable the user to identify the relevant category in the listed issuer's Monthly Return. For
example, multiple issues of shares as a result of multiple exercises of share options under the same share option scheme or of multiple conversions under the same convertible note
must be aggregated and disclosed as one category. However, if the issues resulted from exercises of share options under 2 share option schemes or conversions of 2 convertible
notes, these must be disclosed as 2 separate categories.
3. The percentage change in the number of issued shares (excluding treasury shares) of the listed issuer is to be calculated by reference to the opening balance of the number of issued
shares (excluding treasury shares) being disclosed in this Next Day Disclosure Return.
FF305
Page 6 of 9 v 1.3.0
4. In the case of a share repurchase or redemption, the “issue/ selling price per share” shall be construed as “repurchase price per share” or “redemption price per share”.
Where shares have been issued/ sold/ repurchased/ redeemed at more than one price per share, a volume-weighted average price per share should be given.
5. The closing balance date is the date of the last relevant event being disclosed.
6. For repurchase or redemption of shares, disclosure is required when the relevant event has occurred (subject to the provisions of Main Board Rules 10.06(4)(a), 13.25A and 13.31 /
GEM Rules 13.13(1), 17.27A and 17.35), even if the repurchased or redeemed shares have not yet been cancelled.
If repurchased or redeemed shares are to be cancelled upon settlement of such repurchase or redemption after the closing balance date, they shall remain part of the issued shares as
at the closing balance date in Part A. Details of these repurchased or redeemed shares shall be disclosed in Part B.
7. Items (i) to (viii) are suggested forms of confirmation. The listed issuer may amend the item(s) that is/are not applicable to meet individual cases.
8. “Identical” means in this context:
- the securities are of the same nominal value with the same amount called up or paid up;
- they are entitled to dividend/interest at the same rate and for the same period, so that at the next ensuing distribution, the dividend/interest payable per unit will amount to
exactly the same sum (gross and net); and
- they carry the same rights as to unrestricted transfer, attendance and voting at meetings and rank pari passu in all other respects.
FF305
Page 7 of 9 v 1.3.0
Section II must also be completed by a listed issuer where it has made a repurchase of shares which is discloseable under Main Board Rule 10.06(4)(a) / GEM Rule 13.13(1).
Repurchase report
Section II
1. Class of shares WVR ordinary shares Type of shares A Listed on the Exchange Yes
Stock code (if listed) 02057 Description Class A Ordinary Shares
A. Repurchase report
Trading date Number of shares
repurchased
Method of repurchase
(Note 1)
Repurchase price per share or
highest repurchase price per
share $
Lowest repurchase
price per share $ Aggregate price paid $
1). 09 September 2026 450,401 On another stock exchange
New York Stock Exchange
USD 20.85 USD 20.66 USD 9,337,533.37
Total number of shares
repurchased 450,401 Aggregate price paid $ USD 9,337,533.37
Number of shares
repurchased for
cancellation
450,401
Number of shares
repurchased for holding
as treasury shares
0
B. Additional information for issuer who has a primary listing on the Exchange
1). Date of the resolution granting the repurchase mandate 16 June 2026
2). Total number of shares which the issuer is authorised to repurchase under the repurchase mandate 76,599,956
3). Number of shares repurchased on the Exchange or another stock exchange under the repurchase mandate (a) 7,807,137
4). As a % of number of issued shares (excluding treasury shares) as at the date of the resolution granting the repurchase mandate
(a) x 100 / number of issued shares (excluding treasury shares) as at the date of the resolution granting the repurchase mandate
1.0192 %
5). Moratorium period for any issue of new shares, or sale or transfer of treasury shares after the share repurchase(s) set out in Part A
(Note 2)
Up to 09 October 2026
FF305
Page 8 of 9 v 1.3.0
We hereby confirm that the repurchases made on the Exchange set out in Part A above were made in accordance with the Main Board Rules / GEM Rules and that there have been no material
changes to the particulars contained in the Explanatory Statement dated April 17, 2026 which has been filed with the Exchange. We also confirm that any repurchases made on another stock
exchange set out in Part A above were made in accordance with the domestic rules applying to repurchases on that other stock exchange.
Notes to Section II:
1. Please state whether the repurchase was made on the Exchange, on another stock exchange (stating the name of the exchange), by private arrangement or by general offer.
2. Subject to the carve-out set out in Main Board Rule 10.06(3)(a)/ GEM Rule 13.12, an issuer may not (i) make a new issue of shares, or a sale or transfer of any treasury shares; or (ii)
announce a proposed new issue of shares, or a sale or transfer of any treasury shares, for a period of 30 days after any purchase by it of shares, whether on the Exchange or otherwise,
without the prior approval of the Exchange.
FF305
Page 9 of 9 v 1.3.0
Section III must also be completed by a listed issuer where it has made a sale of treasury shares on the Exchange or any other stock exchange on which the issuer is listed which is discloseable
under Main Board Rule 10.06B / GEM Rule 13.14B.
Report of on-market sale of treasury shares Not applicable
Submitted by: Songfei LI
(Name)
Title: Joint Company Secretary
(Director, Secretary or other Duly Authorised Officer)

----- tm2625367d1_ex99-3.htm -----
EX-99.3
4
tm2625367d1_ex99-3.htm
EXHIBIT 99.3
Exhibit 99.3
FF305
Page 1 of 9 v 1.3.0
Next Day Disclosure Return
(Equity issuer - changes in issued shares or treasury shares, share buybacks and/or on-market sales of treasury shares)
Instrument: Equity issuer Status: New Submission
Name of Issuer: ZTO Express (Cayman) Inc. (A company controlled through weighted voting rights and incorporated in the Cayman Islands with limited liability)
Date Submitted: 11 September 2026
Section I must be completed by a listed issuer where there has been a change in its issued shares or treasury shares which is discloseable pursuant to rule 13.25A of the Rules Governing the
Listing of Securities on The Stock Exchange of Hong Kong Limited (the “Exchange”) (the “Main Board Rules”) or rule 17.27A of the Rules Governing the Listing of Securities on GEM of the
Exchange (the “GEM Rules”).
Section I
1. Class of shares WVR ordinary shares Type of shares A Listed on the Exchange Yes
Stock code (if listed) 02057 Description Class A Ordinary Shares
A. Changes in issued shares or treasury shares
Events
Changes in issued shares
(excluding treasury shares)
Number of issued
shares (excluding
treasury shares)
As a % of existing
number of issued
shares (excluding
treasury shares) before
the relevant event
(Note 3)
Changes in treasury
shares
Number of treasury
shares
Issue/ selling price per
share (Note 4)
Total number of issued
shares
Opening balance as at (Note 1) 09 September 2026 557,330,906 0 557,330,906
1). Other (please specify)
See Part B
Date of changes 10 September 2026
%
Closing balance as at (Notes 5 and 6) 10 September 2026 557,330,906 0 557,330,906
FF305
Page 2 of 9 v 1.3.0
B. Shares redeemed or repurchased for cancellation but not yet cancelled as at the closing balance date (Notes 5 and 6)
1). Repurchase of shares but not cancelled
Repurchase of 73,128 American depositary shares (representing 73,128 class
A ordinary shares) on August 12, 2026 U.S. time
Date of changes 12 August 2026
73,128 % USD 22.98
2). Repurchase of shares but not cancelled
Repurchase of 218,268 American depositary shares (representing 218,268 class
A ordinary shares) on August 13, 2026 U.S. time
Date of changes 13 August 2026
218,268 % USD 22.89
3). Repurchase of shares but not cancelled
Repurchase of 218,091 American depositary shares (representing 218,091 class
A ordinary shares) on August 14, 2026 U.S. time
Date of changes 14 August 2026
218,091 % USD 22.91
4). Repurchase of shares but not cancelled
Repurchase of 218,381 American depositary shares (representing 218,381 class
A ordinary shares) on August 17, 2026 U.S. time
Date of changes 17 August 2026
218,381 % USD 22.88
5). Repurchase of shares but not cancelled
Repurchase of 300 American depositary shares (representing 300 class A
ordinary shares) on August 18, 2026 U.S. time
Date of changes 18 August 2026
300 % USD 23
6). Repurchase of shares but not cancelled
Repurchase of 231,703 American depositary shares (representing 231,703 class
A ordinary shares) on August 19, 2026 U.S. time
Date of changes 19 August 2026
231,703 % USD 21.56
7). Repurchase of shares but not cancelled
Repurchase of 234,285 American depositary shares (representing 234,285 class
A ordinary shares) on August 20, 2026 U.S. time
Date of changes 20 August 2026
234,285 % USD 21.32
8). Repurchase of shares but not cancelled
Repurchase of 232,434 American depositary shares (representing 232,434 class
A ordinary shares) on August 21, 2026 U.S. time
Date of changes 21 August 2026
232,434 % USD 21.49
FF305
Page 3 of 9 v 1.3.0
9). Repurchase of shares but not cancelled
Repurchase of 235,447 American depositary shares (representing 235,447 class
A ordinary shares) on August 24, 2026 U.S. time
Date of changes 24 August 2026
235,447
% USD 21.22
10). Repurchase of shares but not cancelled
Repurchase of 234,165 American depositary shares (representing 234,165 class
A ordinary shares) on August 25, 2026 U.S. time
Date of changes 25 August 2026
234,165
% USD 21.33
11). Repurchase of shares but not cancelled
Repurchase of 233,738 American depositary shares (representing 233,738 class
A ordinary shares) on August 26, 2026 U.S. time
Date of changes 26 August 2026
233,738
% USD 21.37
12). Repurchase of shares but not cancelled
Repurchase of 236,520 American depositary shares (representing 236,520 class
A ordinary shares) on August 27, 2026 U.S. time
Date of changes 27 August 2026
236,520
% USD 21.12
13). Repurchase of shares but not cancelled
Repurchase of 232,752 American depositary shares (representing 232,752 class
A ordinary shares) on August 28, 2026 U.S. time
Date of changes 28 August 2026
232,752
% USD 21.46
14). Repurchase of shares but not cancelled
Repurchase of 234,241 American depositary shares (representing 234,241 class
A ordinary shares) on August 31, 2026 U.S. time
Date of changes 31 August 2026
234,241
% USD 21.33
15). Repurchase of shares but not cancelled
Repurchase of 237,130 American depositary shares (representing 237,130 class
A ordinary shares) on September 1, 2026 U.S. time
Date of changes 01 September 2026
237,130
% USD 21.07
16). Repurchase of shares but not cancelled
Repurchase of 391,825 American depositary shares (representing 391,825 class
A ordinary shares) on September 2, 2026 U.S. time
Date of changes 02 September 2026
391,825
% USD 21.02
17). Repurchase of shares but not cancelled
Repurchase of 471,746 American depositary shares (representing 471,746 class
A ordinary shares) on September 3, 2026 U.S. time
Date of changes 03 September 2026
471,746
% USD 20.78
FF305
Page 4 of 9 v 1.3.0
18). Repurchase of shares but not cancelled
Repurchase of 398,803 American depositary shares (representing 398,803 class
A ordinary shares) on September 4, 2026 U.S. time
Date of changes 04 September 2026
398,803 % USD 21.02
19). Repurchase of shares but not cancelled
Repurchase of 455,123 American depositary shares (representing 455,123 class
A ordinary shares) on September 8, 2026 U.S. time
Date of changes 08 September 2026
455,123 % USD 20.89
20). Repurchase of shares but not cancelled
Repurchase of 450,401 American depositary shares (representing 450,401 class
A ordinary shares) on September 9, 2026 U.S. time
Date of changes 09 September 2026
450,401 % USD 20.73
21). Repurchase of shares but not cancelled
Repurchase of 455,123 American depositary shares (representing 455,123 class
A ordinary shares) on September 10, 2026 U.S. time
Date of changes 10 September 2026
455,123 0.06 % USD 20.85
Remarks: The percentage as stated in the above "changes in issued shares (excluding treasury shares) as a % of existing number of issued shares (excluding treasury shares)
before the relevant event" column was calculated based on the Company's total number of issued shares of 763,430,906 shares (comprising 557,330,906 Class A
ordinary shares and 206,100,000 Class B ordinary shares).
FF305
Page 5 of 9 v 1.3.0
Confirmation
Pursuant to Main Board Rule 13.25C / GEM Rule 17.27C, we hereby confirm to the best knowledge, information and belief that, in relation to each issue of shares or sale or transfer of treasury
shares as set out in Section I, it has been duly authorised by the board of directors of the listed issuer and carried out in compliance with all applicable listing rules, laws and other regulatory
requirements and, insofar as applicable:
(Note 7)
(i) all money due to the listed issuer in respect of the issue of shares, or sale or transfer of treasury shares has been received by it;
(ii) all pre-conditions for the listing imposed by the Main Board Rules / GEM Rules under "Qualifications of listing" have been fulfilled;
(iii) all (if any) conditions contained in the formal letter granting listing of and permission to deal in the securities have been fulfilled;
(iv) all the securities of each class are in all respects identical (Note 8);
(v) all documents required by the Companies (Winding Up and Miscellaneous Provisions) Ordinance to be filed with the Registrar of Companies have been duly filed and that compliance has
been made with all other legal requirements;
(vi) all the definitive documents of title have been delivered/are ready to be delivered/are being prepared and will be delivered in accordance with the terms of issue, sale or transfer;
(vii) completion has taken place of the purchase by the issuer of all property shown in the listing document to have been purchased or agreed to be purchased by it and the purchase
consideration for all such property has been duly satisfied; and
(viii) the trust deed/deed poll relating to the debenture, loan stock, notes or bonds has been completed and executed, and particulars thereof, if so required by law, have been filed with the
Registrar of Companies.
Notes to Section I:
1. Please insert the closing balance date of the last Next Day Disclosure Return published pursuant to Main Board Rule 13.25A / GEM Rule 17.27A or Monthly Return pursuant to Main
Board Rule 13.25B / GEM Rule 17.27B, whichever is the later.
2. Please set out all changes in issued shares or treasury shares requiring disclosure pursuant to Main Board Rule 13.25A / GEM Rule 17.27A together with the relevant dates of
changes. Each category will need to be disclosed individually with sufficient information to enable the user to identify the relevant category in the listed issuer's Monthly Return. For
example, multiple issues of shares as a result of multiple exercises of share options under the same share option scheme or of multiple conversions under the same convertible note
must be aggregated and disclosed as one category. However, if the issues resulted from exercises of share options under 2 share option schemes or conversions of 2 convertible
notes, these must be disclosed as 2 separate categories.
3. The percentage change in the number of issued shares (excluding treasury shares) of the listed issuer is to be calculated by reference to the opening balance of the number of issued
shares (excluding treasury shares) being disclosed in this Next Day Disclosure Return.
FF305
Page 6 of 9 v 1.3.0
4. In the case of a share repurchase or redemption, the “issue/ selling price per share” shall be construed as “repurchase price per share” or “redemption price per share”.
Where shares have been issued/ sold/ repurchased/ redeemed at more than one price per share, a volume-weighted average price per share should be given.
5. The closing balance date is the date of the last relevant event being disclosed.
6. For repurchase or redemption of shares, disclosure is required when the relevant event has occurred (subject to the provisions of Main Board Rules 10.06(4)(a), 13.25A and 13.31 /
GEM Rules 13.13(1), 17.27A and 17.35), even if the repurchased or redeemed shares have not yet been cancelled.
If repurchased or redeemed shares are to be cancelled upon settlement of such repurchase or redemption after the closing balance date, they shall remain part of the issued shares as
at the closing balance date in Part A. Details of these repurchased or redeemed shares shall be disclosed in Part B.
7. Items (i) to (viii) are suggested forms of confirmation. The listed issuer may amend the item(s) that is/are not applicable to meet individual cases.
8. “Identical” means in this context:
- the securities are of the same nominal value with the same amount called up or paid up;
- they are entitled to dividend/interest at the same rate and for the same period, so that at the next ensuing distribution, the dividend/interest payable per unit will amount to
exactly the same sum (gross and net); and
- they carry the same rights as to unrestricted transfer, attendance and voting at meetings and rank pari passu in all other respects.
FF305
Page 7 of 9 v 1.3.0
Section II must also be completed by a listed issuer where it has made a repurchase of shares which is discloseable under Main Board Rule 10.06(4)(a) / GEM Rule 13.13(1).
Repurchase report
Section II
1. Class of shares WVR ordinary shares Type of shares A Listed on the Exchange Yes
Stock code (if listed) 02057 Description Class A Ordinary Shares
A. Repurchase report
Trading date Number of shares
repurchased
Method of repurchase
(Note 1)
Repurchase price per share or
highest repurchase price per
share $
Lowest repurchase
price per share $ Aggregate price paid $
1). 10 September 2026 455,123 On another stock exchange
New York Stock Exchange
USD 21.1 USD 20.71 USD 9,487,038.94
Total number of shares
repurchased 455,123 Aggregate price paid $ USD 9,487,038.94
Number of shares
repurchased for
cancellation
455,123
Number of shares
repurchased for holding
as treasury shares
0
B. Additional information for issuer who has a primary listing on the Exchange
1). Date of the resolution granting the repurchase mandate 16 June 2026
2). Total number of shares which the issuer is authorised to repurchase under the repurchase mandate 76,599,956
3). Number of shares repurchased on the Exchange or another stock exchange under the repurchase mandate (a) 8,262,260
4). As a % of number of issued shares (excluding treasury shares) as at the date of the resolution granting the repurchase mandate
(a) x 100 / number of issued shares (excluding treasury shares) as at the date of the resolution granting the repurchase mandate
1.0786 %
5). Moratorium period for any issue of new shares, or sale or transfer of treasury shares after the share repurchase(s) set out in Part A
(Note 2)
Up to 10 October 2026
FF305
Page 8 of 9 v 1.3.0
We hereby confirm that the repurchases made on the Exchange set out in Part A above were made in accordance with the Main Board Rules / GEM Rules and that there have been no material
changes to the particulars contained in the Explanatory Statement dated April 17, 2026 which has been filed with the Exchange. We also confirm that any repurchases made on another stock
exchange set out in Part A above were made in accordance with the domestic rules applying to repurchases on that other stock exchange.
Notes to Section II:
1. Please state whether the repurchase was made on the Exchange, on another stock exchange (stating the name of the exchange), by private arrangement or by general offer.
2. Subject to the carve-out set out in Main Board Rule 10.06(3)(a)/ GEM Rule 13.12, an issuer may not (i) make a new issue of shares, or a sale or transfer of any treasury shares; or (ii)
announce a proposed new issue of shares, or a sale or transfer of any treasury shares, for a period of 30 days after any purchase by it of shares, whether on the Exchange or otherwise,
without the prior approval of the Exchange.
FF305
Page 9 of 9 v 1.3.0
Section III must also be completed by a listed issuer where it has made a sale of treasury shares on the Exchange or any other stock exchange on which the issuer is listed which is discloseable
under Main Board Rule 10.06B / GEM Rule 13.14B.
Report of on-market sale of treasury shares Not applicable
Submitted by: Songfei LI
(Name)
Title: Joint Company Secretary
(Director, Secretary or other Duly Authorised Officer)

----- tm2625367d1_ex99-4.htm -----
EX-99.4
5
tm2625367d1_ex99-4.htm
EXHIBIT 99.4
Exhibit 99.4
FF305
Page 1 of 9 v 1.3.0
Next Day Disclosure Return
(Equity issuer - changes in issued shares or treasury shares, share buybacks and/or on-market sales of treasury shares)
Instrument: Equity issuer Status: New Submission
Name of Issuer: ZTO Express (Cayman) Inc. (A company controlled through weighted voting rights and incorporated in the Cayman Islands with limited liability)
Date Submitted: 14 September 2026
Section I must be completed by a listed issuer where there has been a change in its issued shares or treasury shares which is discloseable pursuant to rule 13.25A of the Rules Governing the
Listing of Securities on The Stock Exchange of Hong Kong Limited (the “Exchange”) (the “Main Board Rules”) or rule 17.27A of the Rules Governing the Listing of Securities on GEM of the
Exchange (the “GEM Rules”).
Section I
1. Class of shares WVR ordinary shares Type of shares A Listed on the Exchange Yes
Stock code (if listed) 02057 Description Class A Ordinary Shares
A. Changes in issued shares or treasury shares
Events
Changes in issued shares
(excluding treasury shares)
Number of issued
shares (excluding
treasury shares)
As a % of existing
number of issued
shares (excluding
treasury shares) before
the relevant event
(Note 3)
Changes in treasury
shares
Number of treasury
shares
Issue/ selling price per
share (Note 4)
Total number of issued
shares
Opening balance as at (Note 1) 10 September 2026 557,330,906 0 557,330,906
1). Other (please specify)
See Part B
Date of changes 11 September 2026
%
Closing balance as at (Notes 5 and 6) 11 September 2026 557,330,906 0 557,330,906
FF305
Page 2 of 9 v 1.3.0
B. Shares redeemed or repurchased for cancellation but not yet cancelled as at the closing balance date (Notes 5 and 6)
1). Repurchase of shares but not cancelled
Repurchase of 73,128 American depositary shares (representing 73,128 class
A ordinary shares) on August 12, 2026 U.S. time
Date of changes 12 August 2026
73,128 % USD 22.98
2). Repurchase of shares but not cancelled
Repurchase of 218,268 American depositary shares (representing 218,268 class
A ordinary shares) on August 13, 2026 U.S. time
Date of changes 13 August 2026
218,268 % USD 22.89
3). Repurchase of shares but not cancelled
Repurchase of 218,091 American depositary shares (representing 218,091 class
A ordinary shares) on August 14, 2026 U.S. time
Date of changes 14 August 2026
218,091 % USD 22.91
4). Repurchase of shares but not cancelled
Repurchase of 218,381 American depositary shares (representing 218,381 class
A ordinary shares) on August 17, 2026 U.S. time
Date of changes 17 August 2026
218,381 % USD 22.88
5). Repurchase of shares but not cancelled
Repurchase of 300 American depositary shares (representing 300 class A
ordinary shares) on August 18, 2026 U.S. time
Date of changes 18 August 2026
300 % USD 23
6). Repurchase of shares but not cancelled
Repurchase of 231,703 American depositary shares (representing 231,703 class
A ordinary shares) on August 19, 2026 U.S. time
Date of changes 19 August 2026
231,703 % USD 21.56
7). Repurchase of shares but not cancelled
Repurchase of 234,285 American depositary shares (representing 234,285 class
A ordinary shares) on August 20, 2026 U.S. time
Date of changes 20 August 2026
234,285 % USD 21.32
8). Repurchase of shares but not cancelled
Repurchase of 232,434 American depositary shares (representing 232,434 class
A ordinary shares) on August 21, 2026 U.S. time
Date of changes 21 August 2026
232,434 % USD 21.49
FF305
Page 3 of 9 v 1.3.0
9). Repurchase of shares but not cancelled
Repurchase of 235,447 American depositary shares (representing 235,447 class
A ordinary shares) on August 24, 2026 U.S. time
Date of changes 24 August 2026
235,447
% USD 21.22
10). Repurchase of shares but not cancelled
Repurchase of 234,165 American depositary shares (representing 234,165 class
A ordinary shares) on August 25, 2026 U.S. time
Date of changes 25 August 2026
234,165
% USD 21.33
11). Repurchase of shares but not cancelled
Repurchase of 233,738 American depositary shares (representing 233,738 class
A ordinary shares) on August 26, 2026 U.S. time
Date of changes 26 August 2026
233,738
% USD 21.37
12). Repurchase of shares but not cancelled
Repurchase of 236,520 American depositary shares (representing 236,520 class
A ordinary shares) on August 27, 2026 U.S. time
Date of changes 27 August 2026
236,520
% USD 21.12
13). Repurchase of shares but not cancelled
Repurchase of 232,752 American depositary shares (representing 232,752 class
A ordinary shares) on August 28, 2026 U.S. time
Date of changes 28 August 2026
232,752
% USD 21.46
14). Repurchase of shares but not cancelled
Repurchase of 234,241 American depositary shares (representing 234,241 class
A ordinary shares) on August 31, 2026 U.S. time
Date of changes 31 August 2026
234,241
% USD 21.33
15). Repurchase of shares but not cancelled
Repurchase of 237,130 American depositary shares (representing 237,130 class
A ordinary shares) on September 1, 2026 U.S. time
Date of changes 01 September 2026
237,130
% USD 21.07
16). Repurchase of shares but not cancelled
Repurchase of 391,825 American depositary shares (representing 391,825 class
A ordinary shares) on September 2, 2026 U.S. time
Date of changes 02 September 2026
391,825
% USD 21.02
17). Repurchase of shares but not cancelled
Repurchase of 471,746 American depositary shares (representing 471,746 class
A ordinary shares) on September 3, 2026 U.S. time
Date of changes 03 September 2026
471,746
% USD 20.78
FF305
Page 4 of 9 v 1.3.0
18). Repurchase of shares but not cancelled
Repurchase of 398,803 American depositary shares (representing 398,803 class
A ordinary shares) on September 4, 2026 U.S. time
Date of changes 04 September 2026
398,803 % USD 21.02
19). Repurchase of shares but not cancelled
Repurchase of 455,123 American depositary shares (representing 455,123 class
A ordinary shares) on September 8, 2026 U.S. time
Date of changes 08 September 2026
455,123 % USD 20.89
20). Repurchase of shares but not cancelled
Repurchase of 450,401 American depositary shares (representing 450,401 class
A ordinary shares) on September 9, 2026 U.S. time
Date of changes 09 September 2026
450,401 % USD 20.73
21). Repurchase of shares but not cancelled
Repurchase of 455,123 American depositary shares (representing 455,123 class
A ordinary shares) on September 10, 2026 U.S. time
Date of changes 10 September 2026
455,123 % USD 20.85
22). Repurchase of shares but not cancelled
Repurchase of 454,122 American depositary shares (representing 454,122 class
A ordinary shares) on September 11, 2026 U.S. time
Date of changes 11 September 2026
454,122 0.06 % USD 20.66
Remarks: The percentage as stated in the above "changes in issued shares (excluding treasury shares) as a % of existing number of issued shares (excluding treasury shares)
before the relevant event" column was calculated based on the Company's total number of issued shares of 763,430,906 shares (comprising 557,330,906 Class A
ordinary shares and 206,100,000 Class B ordinary shares).
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Confirmation
Pursuant to Main Board Rule 13.25C / GEM Rule 17.27C, we hereby confirm to the best knowledge, information and belief that, in relation to each issue of shares or sale or transfer of treasury
shares as set out in Section I, it has been duly authorised by the board of directors of the listed issuer and carried out in compliance with all applicable listing rules, laws and other regulatory
requirements and, insofar as applicable:
(Note 7)
(i) all money due to the listed issuer in respect of the issue of shares, or sale or transfer of treasury shares has been received by it;
(ii) all pre-conditions for the listing imposed by the Main Board Rules / GEM Rules under "Qualifications of listing" have been fulfilled;
(iii) all (if any) conditions contained in the formal letter granting listing of and permission to deal in the securities have been fulfilled;
(iv) all the securities of each class are in all respects identical (Note 8);
(v) all documents required by the Companies (Winding Up and Miscellaneous Provisions) Ordinance to be filed with the Registrar of Companies have been duly filed and that compliance has
been made with all other legal requirements;
(vi) all the definitive documents of title have been delivered/are ready to be delivered/are being prepared and will be delivered in accordance with the terms of issue, sale or transfer;
(vii) completion has taken place of the purchase by the issuer of all property shown in the listing document to have been purchased or agreed to be purchased by it and the purchase
consideration for all such property has been duly satisfied; and
(viii) the trust deed/deed poll relating to the debenture, loan stock, notes or bonds has been completed and executed, and particulars thereof, if so required by law, have been filed with the
Registrar of Companies.
Notes to Section I:
1. Please insert the closing balance date of the last Next Day Disclosure Return published pursuant to Main Board Rule 13.25A / GEM Rule 17.27A or Monthly Return pursuant to Main
Board Rule 13.25B / GEM Rule 17.27B, whichever is the later.
2. Please set out all changes in issued shares or treasury shares requiring disclosure pursuant to Main Board Rule 13.25A / GEM Rule 17.27A together with the relevant dates of
changes. Each category will need to be disclosed individually with sufficient information to enable the user to identify the relevant category in the listed issuer's Monthly Return. For
example, multiple issues of shares as a result of multiple exercises of share options under the same share option scheme or of multiple conversions under the same convertible note
must be aggregated and disclosed as one category. However, if the issues resulted from exercises of share options under 2 share option schemes or conversions of 2 convertible
notes, these must be disclosed as 2 separate categories.
3. The percentage change in the number of issued shares (excluding treasury shares) of the listed issuer is to be calculated by reference to the opening balance of the number of issued
shares (excluding treasury shares) being disclosed in this Next Day Disclosure Return.
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Page 6 of 9 v 1.3.0
4. In the case of a share repurchase or redemption, the “issue/ selling price per share” shall be construed as “repurchase price per share” or “redemption price per share”.
Where shares have been issued/ sold/ repurchased/ redeemed at more than one price per share, a volume-weighted average price per share should be given.
5. The closing balance date is the date of the last relevant event being disclosed.
6. For repurchase or redemption of shares, disclosure is required when the relevant event has occurred (subject to the provisions of Main Board Rules 10.06(4)(a), 13.25A and 13.31 /
GEM Rules 13.13(1), 17.27A and 17.35), even if the repurchased or redeemed shares have not yet been cancelled.
If repurchased or redeemed shares are to be cancelled upon settlement of such repurchase or redemption after the closing balance date, they shall remain part of the issued shares as
at the closing balance date in Part A. Details of these repurchased or redeemed shares shall be disclosed in Part B.
7. Items (i) to (viii) are suggested forms of confirmation. The listed issuer may amend the item(s) that is/are not applicable to meet individual cases.
8. “Identical” means in this context:
- the securities are of the same nominal value with the same amount called up or paid up;
- they are entitled to dividend/interest at the same rate and for the same period, so that at the next ensuing distribution, the dividend/interest payable per unit will amount to
exactly the same sum (gross and net); and
- they carry the same rights as to unrestricted transfer, attendance and voting at meetings and rank pari passu in all other respects.
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Section II must also be completed by a listed issuer where it has made a repurchase of shares which is discloseable under Main Board Rule 10.06(4)(a) / GEM Rule 13.13(1).
Repurchase report
Section II
1. Class of shares WVR ordinary shares Type of shares A Listed on the Exchange Yes
Stock code (if listed) 02057 Description Class A Ordinary Shares
A. Repurchase report
Trading date Number of shares
repurchased
Method of repurchase
(Note 1)
Repurchase price per share or
highest repurchase price per
share $
Lowest repurchase
price per share $ Aggregate price paid $
1). 11 September 2026 454,122 On another stock exchange
New York Stock Exchange
USD 20.88 USD 20.55 USD 9,380,979.8
Total number of shares
repurchased 454,122 Aggregate price paid $ USD 9,380,979.8
Number of shares
repurchased for
cancellation
454,122
Number of shares
repurchased for holding
as treasury shares
0
B. Additional information for issuer who has a primary listing on the Exchange
1). Date of the resolution granting the repurchase mandate 16 June 2026
2). Total number of shares which the issuer is authorised to repurchase under the repurchase mandate 76,599,956
3). Number of shares repurchased on the Exchange or another stock exchange under the repurchase mandate (a) 8,716,382
4). As a % of number of issued shares (excluding treasury shares) as at the date of the resolution granting the repurchase mandate
(a) x 100 / number of issued shares (excluding treasury shares) as at the date of the resolution granting the repurchase mandate
1.1379 %
5). Moratorium period for any issue of new shares, or sale or transfer of treasury shares after the share repurchase(s) set out in Part A
(Note 2)
Up to 11 October 2026
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Page 8 of 9 v 1.3.0
We hereby confirm that the repurchases made on the Exchange set out in Part A above were made in accordance with the Main Board Rules / GEM Rules and that there have been no material
changes to the particulars contained in the Explanatory Statement dated April 17, 2026 which has been filed with the Exchange. We also confirm that any repurchases made on another stock
exchange set out in Part A above were made in accordance with the domestic rules applying to repurchases on that other stock exchange.
Notes to Section II:
1. Please state whether the repurchase was made on the Exchange, on another stock exchange (stating the name of the exchange), by private arrangement or by general offer.
2. Subject to the carve-out set out in Main Board Rule 10.06(3)(a)/ GEM Rule 13.12, an issuer may not (i) make a new issue of shares, or a sale or transfer of any treasury shares; or (ii)
announce a proposed new issue of shares, or a sale or transfer of any treasury shares, for a period of 30 days after any purchase by it of shares, whether on the Exchange or otherwise,
without the prior approval of the Exchange.
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Section III must also be completed by a listed issuer where it has made a sale of treasury shares on the Exchange or any other stock exchange on which the issuer is listed which is discloseable
under Main Board Rule 10.06B / GEM Rule 13.14B.
Report of on-market sale of treasury shares Not applicable
Submitted by: Songfei LI
(Name)
Title: Joint Company Secretary
(Director, Secretary or other Duly Authorised Officer)

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