YTO Express: shareholder to reduce holdings of no more than 39.02 million shares

NBD AI Bulletin,YTO Express Group Co., Ltd. (SH 600233, closing price: 13.57 yuan) announced on the evening of May 22 that the Company's shareholder, Shanghai Yuanding Enterprise Management Partnership, plans to reduce its stake in the Company by no more than 39.02 million shares between June 15, 2020 and December 14, 2020, with a planned reduction of no more than 1.23% of shares it owns.

According to the 2019 annual report, YTO Express Group Co., Ltd. mainly engages in the express delivery industry, freight forwarding industry, and other industries, accounting for 88.0%, 9.19%, 1.34% of revenue, respectively.

General manager of YTO Express Group Co., Ltd. is Pan Shuimiao: male, 53 years old, Chinese nationality, no permanent residence abroad, master's degree.

(By Li Menglin)

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