# EDGAR Filing Document

**Accession Number:** 0001697827
**File Stem:** 0001104659-23-009477
**Filing Date:** 2023-2
**Character Count:** 18092
**Document Hash:** 8e4705b452f44273287f780bdde942f1
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001104659-23-009477.hdr.sgml**: 20230202

**ACCESSION NUMBER**: 0001104659-23-009477

**CONFORMED SUBMISSION TYPE**: SC 13G/A

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20230202

**DATE AS OF CHANGE**: 20230202

**GROUP MEMBERS**: ZTO LMS HOLDING LTD

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ZTO Express (Cayman) Inc.
- **CENTRAL INDEX KEY:** 0001677250
- **STANDARD INDUSTRIAL CLASSIFICATION:** TRUCKING & COURIER SERVICES (NO AIR) [4210]
- **IRS NUMBER:** 000000000

**FILING VALUES:**
- **FORM TYPE:** SC 13G/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-89835
- **FILM NUMBER:** 23578673

**BUSINESS ADDRESS:**
- **STREET 1:** BUILDING ONE, NO. 1685 HUAZHI ROAD
- **STREET 2:** QINGPU DISTRICT
- **CITY:** SHANGHAI
- **STATE:** F4
- **ZIP:** 201708
- **BUSINESS PHONE:** 8621 59139988

**MAIL ADDRESS:**
- **STREET 1:** BUILDING ONE, NO. 1685 HUAZHI ROAD
- **STREET 2:** QINGPU DISTRICT
- **CITY:** SHANGHAI
- **STATE:** F4
- **ZIP:** 201708
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Lai Meisong
- **CENTRAL INDEX KEY:** 0001697827

**FILING VALUES:**
- **FORM TYPE:** SC 13G/A

**MAIL ADDRESS:**
- **STREET 1:** BUILDING ONE, NO. 1685 HUAZHI RD
- **STREET 2:** QING PU DISTRICT
- **CITY:** SHANGHAI
- **STATE:** F4
- **ZIP:** 201708

**UNITED STATES<br> SECURITIES AND EXCHANGE COMMISSION<br> Washington, D.C. 20549**

**SCHEDULE 13G**

(Rule 13d-102)

Information to be Included in Statements Filed Pursuant to § 240.13d-1(b), (c) and (d) and Amendments Thereto Filed Pursuant to § 240.13d-2

**Under the Securities Exchange Act of 1934**

**(Amendment No. 5)\***

**ZTO Express (Cayman) Inc.**

(Name of Issuer)

**Class A ordinary shares, par value of $0.0001 per share**

(Title of Class of Securities)

**G9897K 105**

(CUSIP Number)

**December 31, 2022**

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

◻ Rule 13d-1(b)

◻ Rule 13d-1(c)

⌧ Rule 13d-1(d)

\* The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;1 | &nbsp;&nbsp; Names of Reporting Persons<br> Meisong Lai | &nbsp;&nbsp; Names of Reporting Persons<br> Meisong Lai | &nbsp;&nbsp; Names of Reporting Persons<br> Meisong Lai | &nbsp;&nbsp; Names of Reporting Persons<br> Meisong Lai |
| &nbsp;&nbsp;2 | &nbsp;&nbsp; Check the Appropriate Box if a Member of a Group<br> (a) ▣<br> (b) ◻  | &nbsp;&nbsp; Check the Appropriate Box if a Member of a Group<br> (a) ▣<br> (b) ◻  | &nbsp;&nbsp; Check the Appropriate Box if a Member of a Group<br> (a) ▣<br> (b) ◻  | &nbsp;&nbsp; Check the Appropriate Box if a Member of a Group<br> (a) ▣<br> (b) ◻  |
| &nbsp;&nbsp;3 | &nbsp;&nbsp; SEC Use Only  | &nbsp;&nbsp; SEC Use Only  | &nbsp;&nbsp; SEC Use Only  | &nbsp;&nbsp; SEC Use Only  |
| &nbsp;&nbsp;4 | &nbsp;&nbsp; Citizenship or Place of Organization<br> People's Republic of China  | &nbsp;&nbsp; Citizenship or Place of Organization<br> People's Republic of China  | &nbsp;&nbsp; Citizenship or Place of Organization<br> People's Republic of China  | &nbsp;&nbsp; Citizenship or Place of Organization<br> People's Republic of China  |
| &nbsp;&nbsp;**Number of<br> Shares<br> Beneficially<br> Owned by<br> Each <br> Reporting <br> Person <br> With:** | &nbsp;&nbsp;**Number of<br> Shares<br> Beneficially<br> Owned by<br> Each <br> Reporting <br> Person <br> With:** | &nbsp;&nbsp;**Number of<br> Shares<br> Beneficially<br> Owned by<br> Each <br> Reporting <br> Person <br> With:** | &nbsp;&nbsp;5 | &nbsp;&nbsp; Sole Voting Power<br> 4,020,334 ordinary shares. See Item 4. |
| &nbsp;&nbsp;**Number of<br> Shares<br> Beneficially<br> Owned by<br> Each <br> Reporting <br> Person <br> With:** | &nbsp;&nbsp;**Number of<br> Shares<br> Beneficially<br> Owned by<br> Each <br> Reporting <br> Person <br> With:** | &nbsp;&nbsp;**Number of<br> Shares<br> Beneficially<br> Owned by<br> Each <br> Reporting <br> Person <br> With:** | &nbsp;&nbsp;6 | &nbsp;&nbsp; Shared Voting Power<br> 209,764,147 ordinary shares. See Item 4. |
| &nbsp;&nbsp;**Number of<br> Shares<br> Beneficially<br> Owned by<br> Each <br> Reporting <br> Person <br> With:** | &nbsp;&nbsp;**Number of<br> Shares<br> Beneficially<br> Owned by<br> Each <br> Reporting <br> Person <br> With:** | &nbsp;&nbsp;**Number of<br> Shares<br> Beneficially<br> Owned by<br> Each <br> Reporting <br> Person <br> With:** | &nbsp;&nbsp;7 | &nbsp;&nbsp; Sole Dispositive Power<br> 964,765 ordinary shares. See Item 4. |
| &nbsp;&nbsp;**Number of<br> Shares<br> Beneficially<br> Owned by<br> Each <br> Reporting <br> Person <br> With:** | &nbsp;&nbsp;**Number of<br> Shares<br> Beneficially<br> Owned by<br> Each <br> Reporting <br> Person <br> With:** | &nbsp;&nbsp;**Number of<br> Shares<br> Beneficially<br> Owned by<br> Each <br> Reporting <br> Person <br> With:** | &nbsp;&nbsp;8 | &nbsp;&nbsp; Shared Dispositive Power<br> 209,764,147 ordinary shares. See Item 4. |
| &nbsp;&nbsp;9 | &nbsp;&nbsp;9 | &nbsp;&nbsp; Aggregate Amount Beneficially Owned by Each Reporting Person<br> 213,784,481 ordinary shares. See Item 4. | &nbsp;&nbsp; Aggregate Amount Beneficially Owned by Each Reporting Person<br> 213,784,481 ordinary shares. See Item 4. | &nbsp;&nbsp; Aggregate Amount Beneficially Owned by Each Reporting Person<br> 213,784,481 ordinary shares. See Item 4. |
| &nbsp;&nbsp;10 | &nbsp;&nbsp;10 | &nbsp;&nbsp; Check if the Aggregate Amount in Row (9) Excludes Certain Shares ◻  | &nbsp;&nbsp; Check if the Aggregate Amount in Row (9) Excludes Certain Shares ◻  | &nbsp;&nbsp; Check if the Aggregate Amount in Row (9) Excludes Certain Shares ◻  |
| &nbsp;&nbsp;11 | &nbsp;&nbsp;11 | &nbsp;&nbsp; Percent of Class Represented by Amount in Row (9)<br> 26.4%. See Item 4. | &nbsp;&nbsp; Percent of Class Represented by Amount in Row (9)<br> 26.4%. See Item 4. | &nbsp;&nbsp; Percent of Class Represented by Amount in Row (9)<br> 26.4%. See Item 4. |
| &nbsp;&nbsp;12 | &nbsp;&nbsp;12 | &nbsp;&nbsp; Type of Reporting Person<br> IN  | &nbsp;&nbsp; Type of Reporting Person<br> IN  | &nbsp;&nbsp; Type of Reporting Person<br> IN  |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;1 | &nbsp;&nbsp; Names of Reporting Persons<br> Zto Lms Holding Limited | &nbsp;&nbsp; Names of Reporting Persons<br> Zto Lms Holding Limited | &nbsp;&nbsp; Names of Reporting Persons<br> Zto Lms Holding Limited | &nbsp;&nbsp; Names of Reporting Persons<br> Zto Lms Holding Limited |
| &nbsp;&nbsp;2 | &nbsp;&nbsp; Check the Appropriate Box if a Member of a Group<br> (a) ▣<br> (b) ◻  | &nbsp;&nbsp; Check the Appropriate Box if a Member of a Group<br> (a) ▣<br> (b) ◻  | &nbsp;&nbsp; Check the Appropriate Box if a Member of a Group<br> (a) ▣<br> (b) ◻  | &nbsp;&nbsp; Check the Appropriate Box if a Member of a Group<br> (a) ▣<br> (b) ◻  |
| &nbsp;&nbsp;3 | &nbsp;&nbsp; SEC Use Only  | &nbsp;&nbsp; SEC Use Only  | &nbsp;&nbsp; SEC Use Only  | &nbsp;&nbsp; SEC Use Only  |
| &nbsp;&nbsp;4 | &nbsp;&nbsp; Citizenship or Place of Organization<br> British Virgin Islands | &nbsp;&nbsp; Citizenship or Place of Organization<br> British Virgin Islands | &nbsp;&nbsp; Citizenship or Place of Organization<br> British Virgin Islands | &nbsp;&nbsp; Citizenship or Place of Organization<br> British Virgin Islands |
| &nbsp;&nbsp;**Number of<br> Shares<br> Beneficially<br> Owned by<br> Each <br> Reporting <br> Person <br> With:** | &nbsp;&nbsp;**Number of<br> Shares<br> Beneficially<br> Owned by<br> Each <br> Reporting <br> Person <br> With:** | &nbsp;&nbsp;**Number of<br> Shares<br> Beneficially<br> Owned by<br> Each <br> Reporting <br> Person <br> With:** | &nbsp;&nbsp;5 | &nbsp;&nbsp;Sole Voting Power<br> 0 |
| &nbsp;&nbsp;**Number of<br> Shares<br> Beneficially<br> Owned by<br> Each <br> Reporting <br> Person <br> With:** | &nbsp;&nbsp;**Number of<br> Shares<br> Beneficially<br> Owned by<br> Each <br> Reporting <br> Person <br> With:** | &nbsp;&nbsp;**Number of<br> Shares<br> Beneficially<br> Owned by<br> Each <br> Reporting <br> Person <br> With:** | &nbsp;&nbsp;6 | &nbsp;&nbsp; Shared Voting Power<br> 209,764,147 ordinary shares. See Item 4. |
| &nbsp;&nbsp;**Number of<br> Shares<br> Beneficially<br> Owned by<br> Each <br> Reporting <br> Person <br> With:** | &nbsp;&nbsp;**Number of<br> Shares<br> Beneficially<br> Owned by<br> Each <br> Reporting <br> Person <br> With:** | &nbsp;&nbsp;**Number of<br> Shares<br> Beneficially<br> Owned by<br> Each <br> Reporting <br> Person <br> With:** | &nbsp;&nbsp;7 | &nbsp;&nbsp; Sole Dispositive Power<br> 0 |
| &nbsp;&nbsp;**Number of<br> Shares<br> Beneficially<br> Owned by<br> Each <br> Reporting <br> Person <br> With:** | &nbsp;&nbsp;**Number of<br> Shares<br> Beneficially<br> Owned by<br> Each <br> Reporting <br> Person <br> With:** | &nbsp;&nbsp;**Number of<br> Shares<br> Beneficially<br> Owned by<br> Each <br> Reporting <br> Person <br> With:** | &nbsp;&nbsp;8 | &nbsp;&nbsp; Shared Dispositive Power<br> 209,764,147 ordinary shares. See Item 4. |
| &nbsp;&nbsp;9 | &nbsp;&nbsp;9 | &nbsp;&nbsp; Aggregate Amount Beneficially Owned by Each Reporting Person<br> 209,764,147 ordinary shares. See Item 4. | &nbsp;&nbsp; Aggregate Amount Beneficially Owned by Each Reporting Person<br> 209,764,147 ordinary shares. See Item 4. | &nbsp;&nbsp; Aggregate Amount Beneficially Owned by Each Reporting Person<br> 209,764,147 ordinary shares. See Item 4. |
| &nbsp;&nbsp;10 | &nbsp;&nbsp;10 | &nbsp;&nbsp; Check if the Aggregate Amount in Row (9) Excludes Certain Shares ◻  | &nbsp;&nbsp; Check if the Aggregate Amount in Row (9) Excludes Certain Shares ◻  | &nbsp;&nbsp; Check if the Aggregate Amount in Row (9) Excludes Certain Shares ◻  |
| &nbsp;&nbsp;11 | &nbsp;&nbsp;11 | &nbsp;&nbsp; Percent of Class Represented by Amount in Row (9)<br> 25.9%. See Item 4. | &nbsp;&nbsp; Percent of Class Represented by Amount in Row (9)<br> 25.9%. See Item 4. | &nbsp;&nbsp; Percent of Class Represented by Amount in Row (9)<br> 25.9%. See Item 4. |
| &nbsp;&nbsp;12 | &nbsp;&nbsp;12 | &nbsp;&nbsp; Type of Reporting Person<br> CO | &nbsp;&nbsp; Type of Reporting Person<br> CO | &nbsp;&nbsp; Type of Reporting Person<br> CO |

---

**Item 1(a). Name of Issuer:**

ZTO Express (Cayman) Inc.

**Item 1(b). Address of Issuer's Principal Executive Offices:**

Building One, No. 1685 Huazhi Road<br> Qingpu District, Shanghai, 201708<br> People's Republic of China

**Item 2(a). Name of Person Filing:**

Meisong Lai

Zto Lms Holding Limited

**Item 2(b). Address of Principal Business Office, or, if none, Residence:**

Meisong Lai<br> Building One, No. 1685 Huazhi Road<br> Qingpu District, Shanghai, 201708<br> People's Republic of China

Zto Lms Holding Limited<br> Sea Meadow House, P.O. Box 116<br> Road Town, Tortola<br> British Virgin Islands

**Item 2(c). Citizenship:**

Meisong Lai — People's Republic of China

Zto Lms Holding Limited — British Virgin Islands

**Item 2(d). Title of Class of Securities:**

Class A ordinary shares, par value of $0.0001 per share ("Class A Ordinary Shares"). The Issuer's ordinary shares consist of Class A Ordinary Shares and Class B ordinary shares, par value of $0.0001 per share ("Class B Ordinary Shares"). The rights of the holders of Class A Ordinary Shares and Class B Ordinary Shares are identical, except with respect to conversion rights and voting rights. Each Class B Ordinary Share is convertible at the option of the holder at any time into one Class A Ordinary Share. Each Class B Ordinary Share is entitled to ten votes per share, whereas each Class A Ordinary Share is entitled to one vote per share.

**Item 2(e). CUSIP No.:**

G9897K 105

**Item 3. If this statement is filed pursuant to §§ 240.13d-1(b), or 240.13d -2(b) or (c), check whether the persons filing is a:**

Not applicable

**Item 4. Ownership:**

The following information with respect to the ownership of the Class A Ordinary Shares by each of the reporting persons is provided as of December 31, 2022:

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| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Reporting Person** | **Amount<br> beneficially<br> owned** | **Percent<br> of class<sup>(1)</sup>** | **Sole <br> power to <br> vote or<br> direct the<br> vote** | **Shared <br> power to<br> vote or to <br> direct the<br> vote** | **Sole power <br> to dispose or<br> to direct the<br> disposition<br> of** | **Shared<br> power to <br> dispose or to<br> direct the<br> disposition<br> of** |
| Meisong Lai | 213784481<sup>(2)</sup> | 26.4% | 4020334<sup>(2)</sup> | 209764147<sup>(2)</sup> | 964765<sup>(2)</sup> | 209764147<sup>(2)</sup> |
| Zto Lms Holding Limited | 209764147<sup>(3)</sup> | 25.9% | 0 | 209764147<sup>(3)</sup> | 0 | 209764147<sup>(3)</sup> |

---

(1) The percentage of the class of securities beneficially owned by each reporting person is based on 809,247,109 outstanding ordinary
shares as a single class, being the sum of 603,147,109 Class A Ordinary Shares (excluding (i) 6,024,675 Class A Ordinary Shares issued
and reserved for the purpose of the Issuer's employee share holding platform, all shareholder rights attaching to which shares have
been waived by the holder thereof, and (ii) the Issuer's repurchase of 11,671,525 Class A Ordinary Shares in the form of American
depositary shares ("ADSs")) and 206,100,000 Class B Ordinary Shares outstanding as of December 31, 2022, assuming conversion
of all Class B Ordinary Shares into Class A Ordinary Shares.

(2) Includes (i) 206,100,000 Class B Ordinary Shares held by Zto Lms Holding Limited, (ii) 4,020,334 Class A Ordinary Shares held by Zto
Es Holding Limited ("ZTO ES") for purpose of the Issuer's employee share holding platform and (iii) 3,664,147 ADSs of
the Issuer (representing the same number of Class A Ordinary Shares) held by Zto Lms Holding Limited, 1,987,393 of which were vested from
restricted share units held by Mr. Meisong Lai. Zto Lms Holding Limited is a British Virgin islands company wholly owned by LMS Holding
Limited, which in turn is beneficially owned by The LMS Family Trust, a trust established under the laws of Singapore and managed by Standard
Chartered Trust (Singapore) Limited as trustee. Mr. Meisong Lai is the settlor of The LMS Family Trust and the beneficiaries of the trust
are Mr. Meisong Lai and his family members. Mr. Meisong Lai is the sole director of Zto Lms Holding Limited. The registered address of
Zto Lms Holding Limited is Sea Meadow House, P.O. Box 116, Road Town, Tortola, British Virgin Islands.

The 206,100,000 Class B Ordinary Shares held by Zto Lms Holding Limited may be converted into 206,100,000 Class A Ordinary Shares at any time by the holder thereof. Mr. Meisong Lai is the sole director of Zto Lms Holding Limited.

The Issuer granted rights to receive dividends on, and to receive sale proceeds of, the 4,020,334 Class A Ordinary Shares held by ZTO ES to certain of the Issuer's employees, of which 964,765 Class A Ordinary Shares were granted to Mr. Meisong Lai. ZTO ES remains the record holder of the 4,020,334 Class A Ordinary Shares and retains the voting rights with respect to these shares. Mr. Meisong Lai is the sole director of ZTO ES. Mr. Meisong Lai has the power to direct the disposition of the 964,765 Class A Ordinary Shares.

The voting power of the shares beneficially owned represent 77.6% of the total voting power of all outstanding ordinary shares of the Issuer. The percentage of voting power is calculated based on the voting power of all Class A Ordinary Shares and Class B Ordinary Shares as a single class as of December 31, 2022.

(3) Includes (i) 206,100,000 Class B Ordinary Shares held by Zto Lms Holding Limited, which may be converted into 206,100,000 Class A
Ordinary Shares at any time by the holder thereof and (ii) 3,664,147 ADSs of the Issuer (representing the same number of Class A Ordinary
Shares) held by Zto Lms Holding Limited, 1,987,393 of which were vested from restricted share units held by Mr. Meisong Lai.

The voting power of the shares beneficially owned represent 77.5% of the total voting power of all outstanding ordinary shares of the Issuer.

**Item 5. Ownership of Five Percent or Less of a Class:**

Not applicable

**Item 6. Ownership of More than Five Percent on Behalf of Another Person:**

Not applicable

**Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person:**

Not applicable

**Item 8. Identification and Classification of Members of the Group:**

Not applicable

**Item 9. Notice of Dissolution of Group:**

Not applicable

**Item 10. Certifications:**

Not applicable

**LIST OF EXHIBITS**

[Exhibit 99.1 — Joint Filing Agreement (incorporated by reference to Exhibit 99.1 to Schedule 13G/A filed on February 13, 2020 by the reporting persons with the Securities and Exchange Commission)](http://www.sec.gov/Archives/edgar/data/1677250/000110465920019624/a20-7712_1ex99d1.htm)

**SIGNATURE**

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Dated: February 2, 2023

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| | |
|:---|:---|
| **Meisong Lai** | **Meisong Lai** |
| /s/ Meisong Lai | /s/ Meisong Lai |
| **Zto Lms Holding Limited** | **Zto Lms Holding Limited** |
| **By:** | **/s /Meisong Lai** |
| Name: Meisong Lai | Name: Meisong Lai |
| Title: Director | Title: Director |

---

*[Signature Page to Schedule 13G/A]*