On the Record · ZTO Express (Cayman)
ZTO Express (Cayman) acquisitions, on the record
The businesses ZTO Express (Cayman) bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
Jinhua Zhongrui Freight Forwarding Co., LtdWord for word“In September 2022, we sold 100% of our equity interests in a wholly owned subsidiary of ours, Jinhua Zhongrui Freight Forwarding Co., Ltd, to ZTO LTL at a cash consideration of RMB291.4 million.” 20-F for 2023 | divestiture | In September 2022 | RMB291.4 million |
China Oriental Express Co., Ltd.Word for word“Freight forwarding costs relate to the freight forwarding services provided by the COE Business we acquired on October 1, 2017.” 20-F for 2023 | acquisition | October 1, 2017 | — |
China Oriental Express Co., Ltd. and its subsidiariesWord for word“In 2017, we acquired the core business of China Oriental Express Co., Ltd. and its subsidiaries.” 20-F for 2023 | acquisition | In 2017 | — |
businesses and assets of Shanghai Zhongtongji Express Service Co., Ltd. and eight network partnersWord for word“In January 2014, ZTO Express acquired businesses and assets of Shanghai Zhongtongji Express Service Co., Ltd. and eight network partners that were wholly owned by some of the shareholders who formed ZTO Express.” 20-F for 2023 | acquisition | In January 2014 | — |
express delivery businesses from 16 network partners and their respective shareholdersWord for word“In October 2015, ZTO Express and its wholly owned subsidiaries acquired express delivery businesses from 16 network partners and their respective shareholders in exchange for equity interests in ZTO and cash.” 20-F for 2023 | acquisition | In October 2015 | — |
equity interests in two subsidiaries from Jianchang LaiWord for word“In 2021, we acquired 20.77% equity interests each in two subsidiaries from Mr. Lai at a total cash consideration of RMB103.7 million.” 20-F for 2023 | acquisition | In 2021 | RMB103.7 million |
Cainiao PostWord for word“In June 2018, we made a strategic investment of approximately US$168 million to acquire an approximately 15% equity stake in Cainiao Post, Cainiao Network’s network of last-mile delivery stations.” 20-F for 2024 | acquisition | June 2018 | approximately US$168 million |
Shanghai Zhongtongji Express Service Co., Ltd. and eight network partnersWord for word“In January 2014, ZTO Express acquired businesses and assets of Shanghai Zhongtongji Express Service Co., Ltd. and eight network partners that were wholly owned by some of the shareholders who formed ZTO Express.” 20-F for 2024 | acquisition | January 2014 | — |
express delivery businesses from 16 network partnersWord for word“In October 2015, ZTO Express and its wholly owned subsidiaries acquired express delivery businesses from 16 network partners and their respective shareholders in exchange for equity interests in ZTO and cash.” 20-F for 2024 | acquisition | October 2015 | in exchange for equity interests in ZTO and cash |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) |
|---|---|
| 2016-12-31 | $16.6 million |
| 2018-12-31 | $16.1 million |
| 2019-12-31 | $2.8 million |
| 2025-12-31 | $12.4 million |
Read from ZTO Express (Cayman)’s annual reports (20-F for 2025, 20-F for 2024, 20-F for 2023) and the financial data it files with the SEC, as of 2026-04-17. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.