ZTO Express-W (02057) announced that on January 20, 2026, the company, a leading and rapidly growing express delivery company in China, convened its National Network Work Conference at its Shanghai headquarters. The conference communicated and studied the spirit of the State Post Bureau's 2026 National Postal Work Conference and the working ideas for the "16th Five-Year Plan" period, reviewed and summarized the work of 2025, analyzed the current situation, and studied and deployed key tasks for 2026. In a keynote speech titled "Struggling Together, Advancing Steadily and Going Far," Chairman Lai Meisong emphasized that in 2025, under the government's active advocacy for orderly competition and policies aimed at curbing involution, industry prices gradually stabilized and rebounded, and the competitive landscape continued to optimize. ZTO adhered to a service quality-centric approach, implemented a balanced development strategy, and continuously improved its service system, expanded its service areas, and promoted industrial synergy. The company completed a full-year business volume of 38.52 billion parcels, a year-on-year increase of 13.3%, ranking first in the industry in business scale for the tenth consecutive year. Simultaneously, the company's platform reverse logistics business achieved double-digit growth, winning greater trust from more platform clients and consumers. The conference also defined the overall working ideas and key tasks for 2026, pointing out the need to fully implement the spirit of the National Postal Management Work Conference, balance "quality" and "development," and take "prioritizing safety," "strengthening service," "genuinely optimizing," "increasing efficiency," "building fairness," "uniting people," "enhancing execution," and "tapping potential" as the main themes for the entire network's work. By promoting development through quality and increasing vitality through optimization, the company will effectively ensure the completion of all work objectives. Chairman Lai Meisong expressed gratitude to ZTO's network partners and all employees for their trust and support over the past year. The company firmly believes that the express delivery industry remains a promising sunrise industry, currently in a critical period of transitioning from high volume to high-quality development and from单一的快递单一快递服务 to comprehensive logistics. On the track of high-quality development, ZTO aims to be "the clear-sighted, the leader, the实干者实干者," and the entire network must recognize trends, understand itself, reject involution, and achieve win-win cooperation through competition. Only by doing solid work, engaging in practical efforts, and delivering tangible results can the company walk the right path, advance steadily, and go far.