ZTO Express (Cayman) Inc., an express delivery company in China, will expand its Zhenjiang regional warehouse and sorting hub.
Announced at 19th China Zhejiang Investment & Trade Symposium, ZTO plans to invest up to RMB150 million (approximately US$22 million) to expand its current Zhejiang regional warehouse and sorting hub. ZTO has obtained land use rights to an over 32,000 square metre piece of land in Jinyi New Urban District, Zhejiang Province to construct additional office space, warehouse and sorting hub with processing capacity for up to one million parcels per day. Construction is expected to be completed by August 2018.
“Building additional infrastructure at our Zhejiang regional warehouse and sorting hub is another step in our strategy to expand the scale of our network and improve service quality and operational efficiency,” commented Meisong Lai, founder and chief executive officer of ZTO. “Zhejiang is a very important commercial and regional hub for us and is one of the main distribution channels for the thousands of customers and merchants we provide services to in the area. The additional capacity to process up to one million parcels per day will further reduce regional unit logistics costs, improve customer service and in turn strengthen brand loyalty among our customers and merchants.”