Adjusted net income[3] was RMB547.4 million (US$82.1 million), an increase of 107.9% from RMB263.3 million in the same period last year.Operating margin increased to 31.5% from 21.5% in the same period last year, mainly attributable to economies of scale, efficiency enhancement and lower share-based compensation expenses.
At 9:30 local time on October 27, 2016, China’s ZTO Express debuted at the U.S. New York Stock Exchange, with the Chinese flag and the ZTO Express flag of white letters on a blue background both flying outside.
At 9:30 local time on October 27, 2016, China’s ZTO Express debuted at the U.S. New York Stock Exchange, with the Chinese flag and the ZTO Express flag of white letters on a blue background both flying outside.
Shared Success” is one of the terms that most frequently appear in the prospectus of ZTO. Continuous growth has become the best footnote to the success of this unique business model.
ZTO Express lists on the New York Stock Exchange (NYSE) in New York, the USA, at 9am Thursday local time, making itself the second listed express delivery company in China.
Yesterday, we have formally sent an open prospectus to the US Securities and Futures Commission, which means that ZTO will enter a new era of challenges.
ZTO Express allegedly intends to list on the New York Stock Exchange (NYSE) on October 27, 2016, making itself the second listed express delivery company in China, China.org.cn reported.