ZTO Express (Cayman) Inc 6-K, filed Jun 18, 2024
ZTO Express (Cayman) Inc. (ZTO)
About this 6-K
ZTO Express (Cayman) Inc filed this 6-K on June 18, 2024.
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 June 2024
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 ¨
EXPLANATORY NOTE
We made an announcement dated June 18, 2024 with The Stock Exchange of Hong Kong Limited in relation to the results of the annual general meeting of shareholders held on June 18, 2024. For details, please refer to exhibit 99.2 to this current report on Form 6-K.
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Exhibit Index
Exhibit 99.1 – Press Release – ZTO Express (Cayman) Inc. Announces Results of Annual General Meeting
Exhibit 99.2 – Announcement – Poll Results of the Annual General Meeting Held on June 18, 2024
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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: June 18, 2024
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Exhibit 99.1
ZTO Express (Cayman) Inc. Announces Results of Annual General Meeting
SHANGHAI, June 18, 2024 /PRNewswire/ – ZTO Express (Cayman) Inc. (NYSE: ZTO and HKEX: 2057), a leading and fast-growing express delivery company in China (“ZTO” or the “Company”), today announced that each of the following proposed resolutions submitted for shareholder approval has been adopted at its annual general meeting of shareholders held in Hong Kong today:
| 1. | as an ordinary resolution, to receive and consider the audited consolidated financial statements of the Company and the reports of the directors and auditor of the Company for the year ended December 31, 2023; |
| 2. | as an ordinary resolution, to re-elect Mr. Xudong CHEN as non-executive Director, subject to his earlier resignation or removal; |
| 3. | as an ordinary resolution, to re-elect Mr. Qin Charles HUANG as independent non-executive Director, subject to his earlier resignation or removal; |
| 4. | as an ordinary resolution, to re-elect Mr. Herman YU as independent non-executive Director, subject to his earlier resignation or removal; |
| 5. | as an ordinary resolution, to re-elect Mr. Tsun-Ming (Daniel) KAO as independent non-executive Director, subject to his earlier resignation or removal; |
| 6. | as an ordinary resolution, to authorize the Board to fix the remuneration of the Directors; |
| 7. | as an ordinary resolution, to re-appoint Deloitte Touche Tohmatsu as auditor of the Company to hold office until the conclusion of the next annual general meeting of the Company and to authorize the Board to fix its remuneration for the year ending December 31, 2024; |
| 8. | as an ordinary resolution, to grant a general mandate to the directors to issue, allot, and deal with additional Class A Ordinary Shares of the Company not exceeding 20% of the total number of issued and outstanding shares of the Company as at the date of passing of this resolution; |
| 9. | as an ordinary resolution, to grant a general mandate to the directors to repurchase Class A Ordinary Shares of the Company not exceeding 10% of the total number of issued and outstanding shares of the Company as at the date of passing of this resolution; and |
| 10. | as an ordinary resolution, to extend the general mandate granted to the directors to issue, allot and deal with additional Class A Ordinary Shares of the Company by the aggregate number of the Class A Ordinary Shares repurchased by the Company. |
About ZTO Express (Cayman) Inc.
ZTO Express (Cayman) Inc. (NYSE: ZTO and SEHK: 2057) (“ZTO” or the “Company”) is a leading and fast-growing express delivery company in China. ZTO provides express delivery service as well as other value-added logistics services through its extensive and reliable nationwide network coverage in China.
ZTO operates a highly scalable network partner model, which the Company believes is best suited to support the significant growth of e-commerce in China. The Company leverages its network partners to provide pickup and last-mile delivery services, while controlling the mission-critical line-haul transportation and sorting network within the express delivery service value chain.
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For more information, please visit http://zto.investorroom.com.
Safe Harbor Statement
This press release contains statements that may constitute “forward-looking” statements pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to,” and similar statements. Statements that are not historical facts, including statements about ZTO’s beliefs, plans, and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. Further information regarding these and other risks is included in ZTO’s filings with the SEC and the HKEX. All information provided in this press release is as of the date of this press release, and ZTO does not undertake any obligation to update any forward-looking statement, except as required under applicable law.
For investor inquiries, please contact:
ZTO Express (Cayman) Inc.
Investor Relations
E-mail: ir@zto.com
Phone: +86 21 5980 4508
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Exhibit 99.2
Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.
Under our weighted voting rights structure, our share capital comprises Class A ordinary shares and Class B ordinary shares. Each Class A ordinary share entitles the holder to exercise one vote, and each Class B ordinary share entitles the holder to exercise 10 votes, respectively, on all matters that require a shareholder’s vote. Shareholders and prospective investors should be aware of the potential risks of investing in a company with a weighted voting rights structure. Our American depositary shares, each representing one of our Class A ordinary shares, are listed on the New York Stock Exchange in the United States under the symbol ZTO.
ZTO Express (Cayman) Inc.
中通快遞（開曼）有限公司
(A company controlled through weighted voting rights and incorporated in the Cayman Islands with limited liability)
(Stock Code: 2057)
POLL RESULTS OF THE ANNUAL GENERAL MEETING HELD ON JUNE 18, 2024
References are made to the circular (the “Circular”) of ZTO Express (Cayman) Inc. (the “Company”) and the notice (the “Notice”) of the annual general meeting of the Company (the “AGM”) both dated April 19, 2024. Unless the context requires otherwise, the capitalized terms used herein shall have the same meanings as those defined in the Circular.
The Board is pleased to announce that at the AGM held on June 18, 2024, all the proposed resolutions as set out in the Notice were duly passed by poll. The poll results in respect of the resolutions proposed at the AGM are as follows:
| RESOLUTIONS | NUMBER
OF VOTES CAST AND PERCENTAGE (%) |
TOTAL NUMBER OF VOTING SHARES |
TOTAL NUMBER OF VOTES CAST | ||||
| FOR | AGAINST | ABSTAIN1 | |||||
| 1. | As an ordinary resolution: To receive and consider the audited consolidated financial statements of the Company and the reports of the directors and auditor of the Company for the year ended December 31, 2023. | Class A Ordinary Shares | 264,823,096 |
37,680 |
960,816
(–) |
264,860,776 | 264,860,776 |
| Class B Ordinary Shares | 2,061,000,000 (100.000000%) |
0 |
0 (–) |
206,100,000 | 2,061,000,000 | ||
| TOTAL NUMBER (CLASS A & CLASS B) | 2,325,823,096 |
37,680 |
960,816 (–) |
470,960,776 | 2,325,860,776 | ||
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| RESOLUTIONS | NUMBER
OF VOTES CAST AND PERCENTAGE (%) |
TOTAL NUMBER OF VOTING SHARES |
TOTAL NUMBER OF VOTES CAST | ||||
| FOR | AGAINST | ABSTAIN1 | |||||
| 2. | As an ordinary resolution: To re-elect Mr. Xudong CHEN as non-executive Director, subject to his earlier resignation or removal. | Class A Ordinary Shares | 258,282,176 (97.200765%) |
7,438,135 (2.799235%) |
101,281 (–) |
265,720,311 | 265,720,311 |
| Class B Ordinary Shares | 2,061,000,000 (100.000000%) |
0 (0.000000%) |
0 (–) |
206,100,000 | 2,061,000,000 | ||
| TOTAL NUMBER (CLASS A & CLASS B) | 2,319,282,176 (99.680317%) |
7,438,135 (0.319683%) |
101,281 (–) |
471,820,311 | 2,326,720,311 | ||
| 3. | As an ordinary resolution: To re-elect Mr. Qin Charles HUANG as independent non-executive Director, subject to his earlier resignation or removal. | Class A Ordinary Shares | 243,953,111 (91.839437%) |
21,676,905 (8.160563%) |
191,576 (–) |
265,630,016 | 265,630,016 |
| Class B Ordinary Shares | 2,061,000,000 (100.000000%) |
0
(0.000000%) |
0 (–) |
206,100,000 | 2,061,000,000 | ||
| TOTAL NUMBER (CLASS A & CLASS B) | 2,304,953,111 (99.068313%) |
21,676,905 (0.931687%) |
191,576 (–) |
471,730,016 | 2,326,630,016 | ||
| 4. | As an ordinary resolution: To re-elect Mr. Herman YU as independent non-executive Director, subject to his earlier resignation or removal. | Class A Ordinary Shares | 260,581,439 (98.066067%) |
5,138,852 (1.933933%) |
101,301 (–) |
265,720,291 | 265,720,291 |
| Class B Ordinary Shares | 2,061,000,000 (100.000000%) |
0 (0.000000%) |
0 (–) |
206,100,000 | 2,061,000,000 | ||
| TOTAL NUMBER (CLASS A & CLASS B) | 2,321,581,439 (99.779138%) |
5,138,852 (0.220862%) |
101,301 (–) |
471,820,291 | 2,326,720,291 | ||
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| RESOLUTIONS | NUMBER
OF VOTES CAST AND PERCENTAGE (%) |
TOTAL NUMBER OF VOTING SHARES |
TOTAL NUMBER OF VOTES CAST | ||||
| FOR | AGAINST | ABSTAIN1 | |||||
| 5. | As an ordinary resolution: To re-elect Mr. Tsun-Ming (Daniel) KAO as independent non-executive Director, subject to his earlier resignation or removal. | Class A Ordinary Shares | 249,643,392 (93.981534%) |
15,986,868 (6.018466%) |
191,332 (–) |
265,630,260 | 265,630,260 |
| Class B Ordinary Shares | 2,061,000,000 (100.000000%) |
0 (0.000000%) |
0 (–) |
206,100,000 | 2,061,000,000 | ||
| TOTAL NUMBER (CLASS A & CLASS B) | 2,310,643,392 (99.312875%) |
15,986,868 (0.687125%) |
191,332 (–) |
471,730,260 | 2,326,630,260 | ||
| 6. | As an ordinary resolution: To authorize the Board to fix the remuneration of the Directors. | Class A Ordinary Shares | 265,648,382 (99.971893%) |
74,686 (0.028107%) |
98,524 (–) |
265,723,068 | 265,723,068 |
| Class B Ordinary Shares | 2,061,000,000 (100.000000%) |
0 (0.000000%) |
0
(–) |
206,100,000 | 2,061,000,000 | ||
| TOTAL NUMBER (CLASS A & CLASS B) | 2,326,648,382 (99.996790%) |
74,686 (0.003210%) |
98,524 (–) |
471,823,068 | 2,326,723,068 | ||
| 7. | As an ordinary resolution: To re-appoint Deloitte Touche Tohmatsu as auditor of the Company to hold office until the conclusion of the next annual general meeting of the Company and to authorize the Board to fix its remuneration for the year ending December 31, 2024. | Class A Ordinary Shares | 265,019,313 (99.742764%) |
683,484 (0.257236%) |
118,795 (–) |
265,702,797 | 265,702,797 |
| Class B Ordinary Shares | 2,061,000,000 (100.000000%) |
0 (0.000000%) |
0 (–) |
206,100,000 | 2,061,000,000 | ||
| TOTAL NUMBER (CLASS A & CLASS B) | 2,326,019,313 (99.970624%) |
683,484 (0.029376%) |
118,795 (–) |
471,802,797 | 2,326,702,797 | ||
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| RESOLUTIONS | NUMBER
OF VOTES CAST AND PERCENTAGE (%) |
TOTAL NUMBER OF VOTING SHARES |
TOTAL NUMBER OF VOTES CAST | ||||
| FOR | AGAINST | ABSTAIN1 | |||||
| 8. | As an ordinary resolution: To grant a general mandate to the directors to issue, allot, and deal with additional Class A Ordinary Shares of the Company not exceeding 20% of the total number of issued and outstanding shares of the Company as at the date of passing of this resolution. | Class A Ordinary Shares | 118,343,516 (47.453824%) |
131,043,162 (52.546176%) |
16,384,714 (–) |
249,386,678 | 249,386,678 |
| Class B Ordinary Shares | 2,061,000,000 (100.000000%) |
0 (0.000000%) |
0
(–) |
206,100,000 | 2,061,000,000 | ||
| TOTAL NUMBER (CLASS A & CLASS B) | 2,179,343,516 (94.328085%) |
131,043,162 (5.671915%) |
16,384,714 (–) |
455,486,678 | 2,310,386,678 | ||
| 9. | As an ordinary resolution: To grant a general mandate to the directors to repurchase Class A Ordinary Shares of the Company not exceeding 10% of the total number of issued and outstanding shares of the Company as at the date of passing of this resolution. | Class A Ordinary Shares | 265,379,508 (99.920482%) |
211,193 (0.079518%) | 230,891 (–) |
265,590,701 | 265,590,701 |
| Class B Ordinary Shares | 2,061,000,000 (100.000000%) |
0 (0.000000%) |
0 (–) |
206,100,000 | 2,061,000,000 | ||
| TOTAL NUMBER (CLASS A & CLASS B) | 2,326,379,508 (99.990923%) |
211,193 (0.009077%) |
230,891 (–) |
471,690,701 | 2,326,590,701 | ||
| 10. | As an ordinary resolution: To extend the general mandate granted to the directors to issue, allot and deal with additional Class A Ordinary Shares of the Company by the aggregate number of the Class A Ordinary Shares repurchased by the Company. | Class A Ordinary Shares | 117,974,076 (47.280781%) |
131,543,959 (52.719219%) |
16,253,357 (–) |
249,518,035 | 249,518,035 |
| Class B Ordinary Shares | 2,061,000,000 (100.000000%) |
0 (0.000000%) |
0 (–) |
206,100,000 | 2,061,000,000 | ||
| TOTAL NUMBER (CLASS A & CLASS B) | 2,178,974,076 (94.306733%) |
131,543,959 (5.693267%) |
16,253,357 (–) |
455,618,035 | 2,310,518,035 | ||
| 1 | According to the laws of the Cayman Islands, the Shares in abstention shall not be counted as votes cast at the AGM. |
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Notes:
| (a) | As a majority of the votes were cast in favour of each of the resolutions numbered 1 to 10, all such resolutions were duly passed as ordinary resolutions. |
| (b) | As at the Shares Record Date, the total number of issued Shares was 812,866,663 Shares, comprising 606,766,663 Class A Ordinary Shares and 206,100,000 Class B Ordinary Shares. |
| (c) | The trustee of the Company’s 2016 share incentive plan held 2,256,634 Class A Ordinary Shares as at the Shares Record Date and was required to abstain from voting on all resolutions proposed at the AGM in accordance with Rule 17.05A of the Hong Kong Listing Rules. Zto Es Holding Limited was required to abstain from voting on all resolutions proposed at the AGM in respect of 8,700,914 Class A Ordinary Shares it held as at the Shares Record Date for the cash incentive scheme of the Company pursuant to the undertaking given by the Company as disclosed as at the Shares Record Date in the announcement of the Company dated December 23, 2022, in line with the requirement under Rules 17.05A and 17.12 of the Hong Kong Listing Rules. Save as disclosed above, there was no Shareholder that was required under the Hong Kong Listing Rules to abstain from voting in respect of the resolutions proposed at the AGM and none of the Shareholders have stated their intention in the Circular to vote against or to abstain from voting on any of the resolutions proposed at the AGM. There were no Shares entitling the holders to attend and abstain from voting in favour of any resolution at the AGM as set out in Rule 13.40 of the Hong Kong Listing Rules. |
| (d) | The total number of shares of the Company entitling the holders to attend and vote on the resolutions proposed at the AGM was 801,909,115 Shares, comprising 595,809,115 Class A Ordinary Shares and 206,100,000 Class B Ordinary Shares. |
| (e) | According to the Articles of Association, each Class A Ordinary Share is entitled to one vote, and each Class B Ordinary Share is entitled to ten votes, on a poll at the AGM in respect of all the resolutions numbered 1 to 10. |
| (f) | The Company’s branch share registrar in Hong Kong, Computershare Hong Kong Investor Services Limited, acted as the scrutineer for the vote-taking at the AGM. |
| (g) | The chairman and executive director Mr. Meisong LAI, the executive directors Mr. Jilei WANG and Mr. Hongqun HU, non-executive director Mr. Xudong CHEN, and the independent non-executive directors Mr. Qin Charles HUANG, Mr. Tsun-Ming (Daniel) KAO and Ms. Fang XIE attended the AGM either in person or by means of telecommunication. |
| By order of the Board | |
| ZTO Express (Cayman) Inc. | |
| Meisong LAI | |
| Chairman |
Hong Kong, June 18, 2024
As at the date of this announcement, the Board comprises Mr. Meisong LAI as the chairman and executive director, Mr. Jilei WANG and Mr. Hongqun HU as executive directors, Mr. Xing LIU and Mr. Xudong CHEN as non-executive directors, Mr. Frank Zhen WEI, Mr. Qin Charles HUANG, Mr. Herman YU, Mr. Tsun-Ming (Daniel) KAO and Ms. Fang XIE as independent non-executive directors.
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