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Related Party Transactions (Tables)
12 Months Ended
Dec. 31, 2022
Related Party Transactions  
Schedule of major related party and their relationships

Name of related parties

    

Relationship with the Company

Tonglu Tongze Logistics Ltd. and its subsidiaries

Majority equity interests held by the employees of the Company

Shanghai Mingyu Barcode Technology Ltd.

Controlled by brother of chairman of the Company

ZTO Supply Chain Management Co., Ltd. and its subsidiaries

The Company’s equity investee

ZTO Cloud Warehouse Technology Co., Ltd. and its subsidiaries

The Company’s equity investee

ZTO Yun Leng Network Technology (Zhejiang) Co., Ltd. and its subsidiaries

The Company’s equity investee

Zhejiang Tongyu Intelligent Industry Development Co., Ltd.

The Company’s equity investee

Zhongkuai (Tonglu) Future City Industrial Development Co., Ltd

Controlled by chairman of the Company

Mr. Jianchang Lai

Director and Vice President of Operations

Tonglu Antong Management LLP

The Company’s equity investee

Mr. Du Wang

Immediate families of Director and Vice President

Schedule of transactions with related parties

Year ended December 31, 

    

2020

    

2021

    

2022

RMB

RMB

RMB

Revenues:

Express delivery service revenue derived from Tonglu Antong Management LLP and its subsidiaries

38,202

694,758

Transportation revenue from ZTO Cloud Warehouse Technology Co., Ltd. and its subsidiaries

45,286

68,716

291,584

Others

4,072

5,224

51,662

49,358

112,142

1,038,004

Cost of revenues:

Transportation service fees paid to ZTO Supply Chain Management Co., Ltd. and its subsidiaries

47,491

56,624

459,013

Transportation service fees paid to Tonglu Tongze Logistics Ltd. and its subsidiaries

331,288

52,260

Transportation service fees paid to Zhongtong Yunleng Network Technology (Zhejiang) Co., Ltd. and its subsidiaries

5,853

56,325

Purchases of supplies from Shanghai Mingyu Barcode Technology Ltd.

197,302

235,808

237,252

Others

51,409

44,666

576,081

401,954

797,256

Other operating income:

Rental income from ZTO Supply Chain Management Co., Ltd. and its subsidiaries

28,720

29,688

45,876

Rental income from ZTO Cloud Warehouse Technology Co., Ltd. and its subsidiaries

17,215

33,390

53,115

Others

999

8,453

20,677

46,934

71,531

119,668

Other income:

Interest income related to loan receivables from Zhongkuai (Tonglu) Future City Industrial Development Co., Ltd

39,000

33,962

Others

847

2,435

8,071

847

41,435

42,033

Schedule of amounts due to related parties

As of December 31, 

    

2021

    

2022

RMB

RMB

Amounts due to related parties

 

  

 

  

Shanghai Mingyu Barcode Technology Ltd.

3,049

20,249

Tonglu Antong Management LLP and its subsidiaries

9,651

28,887

ZTO Supply Chain Management Co., Ltd.

9,983

Others

103

2

Total

 

22,786

49,138

Schedule of amounts due from related parties

As of December 31, 

    

2021

    

2022

RMB

RMB

Amounts due from related parties

 

  

ZTO Cloud Warehouse Technology Co., Ltd. and its subsidiaries (1)

41,118

55,061

ZTO Supply Chain Management Co., Ltd. (5)

101,432

Zhongtong Yunleng Network Technology (Zhejiang) Co., Ltd. and its subsidiaries (2)

49,501

53,504

Zhongkuai (Tonglu) Future City Industrial Development Co., Ltd. (3)

75,000

Others

43,371

29,486

Total

 

133,990

 

314,483

Amounts due from related parties-non current

Zhongkuai (Tonglu) Future City Industrial Development Co., Ltd. (3)

539,000

500,000

Zhejiang Tongyu Intelligent Industry Development Co., Ltd. (4)

72,100

77,140

Total

611,100

577,140

Notes:

(1)The amount comprised a RMB12,500 one-year loan to this related party with 6.96% annualized interest rate and accounts receivable generated from the transportation service provided by the Company.

(2)The amount comprised other receivable generated from disposal of subsidiaries and net off account payable generated from the transportation service that this related party and its subsidiaries provided to the Company.
(3)The amount comprised a three-year loan to this related party with 7.2% annualized interest rate. The balance of principle was RMB500,000 as of December 31, 2021 and 2022 and interest receivable was RMB39,000 and RMB75,000 as of December 31, 2021 and 2022.
(4)The amount comprised a three-year loan to this related party with 7.2% annualized interest rate. The balance of principle was RMB70,000 as of December 31, 2021 and 2022.
(5)The amount comprised a RMB109,980 one -year loan to this related party with 6.96% annualized interest rate and net off account payable generated from the transportation service that this related party and its subsidiaries provided to the Company.