ZTO Express director reports 1,879 ADS holdings

ZTO Express (Cayman) Inc. director Xie Fang filed an initial Form 3 detailing existing ownership in the company.

Rhea-AI Filing Summary

ZTO Express (Cayman) Inc. director Xie Fang filed an initial Form 3 detailing existing ownership in the company. The filing reports beneficial ownership of 1,879 American depositary shares, held directly. Each American depositary share represents one Class A ordinary share of ZTO Express.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Xie Fang

Role Director

Type	Security	Shares	Price	Value
holding	American depositary shares	--	--	--

Holdings After Transaction: American depositary shares — 1,879 shares (Direct)

Footnotes (1)

1. F1. Each represents one Class A ordinary share.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does the ZTO Form 3 filed by Xie Fang report?

The Form 3 reports that director Xie Fang beneficially owns 1,879 American depositary shares of ZTO Express, held directly. It is an initial statement of ownership and does not show any recent share purchase or sale activity.

How many ZTO Express shares does each ADS in this Form 3 represent?

Each American depositary share reported for ZTO Express represents one Class A ordinary share. With 1,879 ADS disclosed, the filing reflects beneficial ownership of 1,879 underlying Class A ordinary shares through these depositary receipts.

Is there any buy or sell transaction in the ZTO Form 3 for Xie Fang?

No, the Form 3 for Xie Fang shows a holding entry only. It records 1,879 American depositary shares as beneficially owned but does not include any coded buy, sell, exercise, or other transaction activity in this disclosure.

What type of security is reported in Xie Fang’s ZTO ownership filing?

The filing reports ownership of American depositary shares of ZTO Express. These ADSs trade as receipts while each one corresponds to a single underlying Class A ordinary share of the company, according to the footnote in the disclosure.

Is Xie Fang a director or officer of ZTO Express in this filing?

The filing identifies Xie Fang as a director of ZTO Express (Cayman) Inc. and not as an officer. The Form 3 focuses on disclosing this director’s beneficial ownership of 1,879 American depositary shares in the company.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 03/16/2026 - 06:05 AM EDT Learn about SEC filing dates

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Xie Fang

(Last) (First) (Middle)

BUILDING ONE, NO. 1685 HUAZHI ROAD

(Street)

SHANGHAI F4 201708

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
03/16/2026

3. Issuer Name and Ticker or Trading Symbol
ZTO Express (Cayman) Inc. [ ZTO ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
American depositary shares(1)	1,879	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Each represents one Class A ordinary share.

	/s/ Fang Xie	03/16/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.