| UNITED STATES |
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| SECURITIES AND EXCHANGE COMMISSION |
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| Washington, D.C. 20549 |
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SCHEDULE 13G
Under the Securities Exchange Act of 1934*
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, 2016
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
o | Rule 13d-1(b) |
o | Rule 13d-1(c) |
x | 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).
| 1 | Names of Reporting Persons | |||
| 2 | Check the Appropriate Box if a Member of a Group | |||
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| (a) | o | ||
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| (b) | x | ||
| 3 | SEC Use Only | |||
| 4 | Citizenship or Place of Organization | |||
Number of | 5 | Sole Voting Power | |||
6 | Shared Voting Power | ||||
7 | Sole Dispositive Power | ||||
8 | Shared Dispositive Power | ||||
| 9 | Aggregate Amount Beneficially Owned by Each Reporting Person | |||
| 10 | Check if the Aggregate Amount in Row (9) Excludes Certain Shares o | |||
| 11 | Percent of Class Represented by Amount in Row (9) | |||
| 12 | Type of Reporting Person | |||
| 1 | Names of Reporting Persons | |||
| 2 | Check the Appropriate Box if a Member of a Group | |||
|
| (a) | o | ||
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| (b) | o | ||
| 3 | SEC Use Only | |||
| 4 | Citizenship or Place of Organization | |||
Number of | 5 | Sole Voting Power | |||
6 | Shared Voting Power | ||||
7 | Sole Dispositive Power | ||||
8 | Shared Dispositive Power | ||||
| 9 | Aggregate Amount Beneficially Owned by Each Reporting Person | |||
| 10 | Check if the Aggregate Amount in Row (9) Excludes Certain Shares o | |||
| 11 | Percent of Class Represented by Amount in Row (9) | |||
| 12 | Type of Reporting Person | |||
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
Qingpu District, Shanghai, 201708
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
Building One, No. 1685 Huazhi Road
Qingpu District, Shanghai, 201708
People’s Republic of China
Zto Lms Holding Limited
Sertus Chambers, P.O. Box 905
Quastisky Building, Road Town
Tortola, 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, 2016:
Reporting Person |
| Amount owned: |
| Percent of |
| Sole power to vote |
| Shared |
| Sole power to |
| Shared power |
|
Meisong Lai |
| 212,934,918 | (2) | 29.6 | %(3) | 6,834,918 | (2) | 206,100,000 | (2) | 1,676,754 | (2) | 206,100,000 | (2) |
Zto Lms Holding Limited |
| 206,100,000 | (4) | 28.6 | %(5) | 0 |
| 206,100,000 | (4) | 0 |
| 206,100,000 | (4) |
(1) The percentage of the class of securities beneficially owned by each reporting person is based on 720,564,604 outstanding ordinary shares as a single class, being the sum of 514,464,604 Class A Ordinary Shares (excluding 10,841,836 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 206,100,000 Class B Ordinary Shares outstanding as of December 31, 2016, 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) 5,158,164 Class A Ordinary Shares held by Zto Es Holding Limited (“ZTO ES”) for purpose of the Issuer’s employee share holding platform and (iii) 1,676,754 American depositary shares (“ADSs”) of the Issuer (representing the same number of Class A Ordinary Shares) held by Zto Tjy Holding Limited, the holding vehicle of an employee of the Issuer.
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 5,158,164 Class A Ordinary Shares held by ZTO ES to certain of the Issuer’s employees. ZTO ES remains the record holder of these shares and retains the voting rights with respect to these shares. Mr. Meisong Lai is the sole director of ZTO ES.
According to a written document signed by Mr. Meisong Lai and Zto Tjy Holding Limited, in December 2016, Zto Tjy Holding Limited purchased a total of 1,676,754 ADSs on the open market on behalf of Mr. Lai and pursuant to Mr. Lai's instruction, and Mr. Lai has the sole voting and dispositive power with respect to those ADSs.
(3) The voting power of the shares beneficially owned represent 80.3% of the total voting power of all issued and 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, 2016.
(4) Represented by 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.
(5) The voting power of the shares beneficially owned represent 80.0% of the total voting power of all issued and 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
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 14, 2017 |
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Meisong Lai | /s/ Meisong Lai | |
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Zto Lms Holding Limited | By: | /s/ Meisong Lai |
| Name: | Meisong Lai |
| Title: | Director |
