YTO Express H1 Revenue RMB38.89B, Net Profit Up 73.44%, Plans RMB1.2 Dividend per 10 Shares

YTO Express released its 2026 semi-annual report on the evening of August 19. During the reporting period, the company achieved operating revenue of RMB38.893 billion, up 8.39% year-on-year; net profit attributable to shareholders of RMB3.175 billion, up 73.44%; and basic earnings per share of RMB0.9276. The company plans to distribute a cash dividend of RMB1.2 (pre-tax) per 10 shares. In the first half, express delivery volume reached 16.278 billion parcels, up 9.52% year-on-year, exceeding the industry average growth rate by 4.5 percentage points. Among this, the express delivery business generated net profit attributable to shareholders of RMB3.361 billion, up 69.33% year-on-year; net operating cash flow was RMB3.959 billion, up 50.28%.

In the second quarter, the company recorded revenue of RMB20.125 billion, up 6.92% year-on-year; net profit attributable to shareholders of RMB1.797 billion, up 84.6%; and net operating cash flow of RMB2.371 billion, up 46.23%. As of the end of June, parcels loaded per vehicle rose nearly 6.5% year-on-year, and per-capita efficiency improved by over 9%. In the first half of 2026, the per-parcel transportation cost was RMB0.36, and the per-parcel hub operation cost was RMB0.26, both down RMB0.01 year-on-year. Compared with the first half of 2023, per-parcel transportation cost fell by RMB0.11, and per-parcel hub operation cost fell by RMB0.04.

The company continued to deepen the application of frontier technologies such as AI, forming an AI application matrix comprising digital twins, machine vision, intelligent agents, AI assistants, digital employees, and AI programming, which has been integrated across the entire business chain. In the transportation segment, the company uses digital employees to monitor vehicle loading status in real time, and leverages smart routing and intelligent dispatch systems to coordinate transport resources. In hub operations, intelligent scheduling systems improve per-capita efficiency, and digital twin technology has achieved 100% coverage across all network hubs. The company has developed dedicated AI assistants for managers, frontline staff, and other groups, enhancing management efficiency and operational productivity through proactive business information push and pre-emptive risk alerts.

In franchise network development, the company continued to advance digitalization and standardization, iteratively optimizing systems such as customer service, finance, intelligent delivery, and AI assistants, while strengthening infrastructure investment to support franchisees in expanding businesses like individual parcels, reverse logistics, and warehousing and distribution. Taking the 2026 loquat production and sales peak season as an example, the Chongqing Hechuan franchisee cooperated with local loquat production areas, leveraging the intelligent management capabilities of the "Customer Manager (Yitong)" system to achieve end-to-end visible management of the delivery process, allowing fruit farmers and merchants to track parcel status in real time via the app.

In international business, the company leverages its own aviation and route network resources to refine dedicated lines such as China-Australia and China-Japan, deepen the full-chain express service layout in countries including Kazakhstan, and expand into regional markets such as the Middle East, Eastern Europe, and Africa. As of now, YTO's international service network covers more than 150 countries and regions across six continents, with a cumulative total of 170 cargo routes. In May 2026, the Oriental Tiandi Port within the YTO Group system launched its first international cargo route. The company has also rolled out regular cross-border trucking lines, introduced road cross-border transport services covering Central Asia and ASEAN, and completed the layout of 48 domestic and international ports including Jiaxing, Shanghai, Shenzhen, Almaty, and Tokyo.