Ping Capital Management’s ZTO Express ZTO Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2025 Q2	–	Sell	-16,000	Closed	-$317K	–	80
2025 Q1	$317K	Buy	+16,000	New	+$317K	0.12%	52