ZTO Express-W Marks Seventh Consecutive Year on Hurun 500 List, ZTO Freight Debuts on Hurun Brand Ranking

Stock News02-06 15:42

ZTO Express-W (02057) has been recognized once again in the Hurun China 500 list for 2025, marking its seventh consecutive year on the ranking since its initial inclusion in 2019. The company's valuation was reported at 107 billion yuan, securing the 137th position.

The Hurun China 500 list, now in its seventh edition, ranks the top 500 non-state-owned enterprises in China based on enterprise value. Valuations for listed companies are determined using closing share prices as of November 14, 2025, while unlisted companies are assessed by referencing comparable listed peers or their latest funding rounds.

This year's list saw the entry threshold rise by 7.5 billion yuan to 34 billion yuan, representing a 28% increase. The total value of the 500 companies grew by 21 trillion yuan, or 38%, reaching 77 trillion yuan.

In a related announcement, the Hurun Research Institute also released the 2025 Hurun China Brand List, where both ZTO Express and ZTO Freight made appearances. ZTO Express ranked 91st with a brand value of 15.5 billion yuan, while ZTO Freight debuted on the list at 443rd place with a brand value of 2 billion yuan.

This marks the 20th consecutive year of the Hurun China Brand List, which aims to identify the most valuable consumer-facing brands in China.

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