ZTO Express has established an airline with a registered capital of 600 million yuan – Passionategeekz

Passionategeekz According to the news on June 23, the National Enterprise Credit Information Disclosure System showed that ZTO Aviation Co., Ltd. was officially registered and established in the Changsha Free Trade Airside Zone on June 19, with a registered capital of 600 million yuan.The company is wholly owned by ZTO Expressbusiness scope includes public air transportation, road cargo transportation, bonded logistics center operations, international cargo transportation agents, etc.

Passionategeekz learned from public information that in December 2023, ZTO Express reached a cooperation intention with the Changsha County People’s Government and the Changsha Free Trade Airport, and planned to invest in and build Zhongtong Freight Airlines and related industrial projects with a total land use scale of about 750 mu. The project covers six core sectors, including Zhongtong Freight Airlines and Zhongtong Express Central China headquarters.

Before this, express delivery companies such as SF Express and JD Logistics had already intervened in the air cargo field. In 2009, SF Airlines, the first private express delivery airline in China, was established; in 2019, JD Airlines, a subsidiary of JD Logistics, was officially established.

Data from the State Post Bureau shows that in 2024, my country’s express delivery business volume reached 174.5 billion pieces and express delivery business revenue was 1.4 trillion yuan, an increase of 21% and 13% year-on-year respectively.In 2024, Zhongtong completed 34 billion business volume, an increase of 12.6% year-on-year, and its business scale was the first in the industry for nine consecutive years.。

Advertising statement: The external redirect links (including, not limited to, hyperlinks, QR codes, passwords, etc.) contained in the article are used to convey more information and save selection time. The results are for reference only. All articles from Passionategeekz include this statement.