What do you think of YTO Express?

Recently, YTO has been rumored to be closed down, and delivery at many outlets has been slow. Today, YTO Express issued an announcement on the matter, saying that the company's current operations are all normal, employees have returned to work in good condition, and express collection and delivery services at outlets are stable. Seasonal labor shortages and concentrated shipments after the Spring Festival have caused The temporary detention of the express shipment has no substantial impact on the company's production and operations.

The following is the full text of the announcement compiled by the editor:

Recently, YTO Express Co., Ltd. (hereinafter referred to as "YTO Express" or the "Company") has noticed that some media have expressed concerns about the post-Spring Festival season. Labor shortages have led to reports that some franchise outlets in the express delivery industry have encountered difficulties in the centralized delivery process.

Some of the company's outlets are also among them. Among them, some media reports on express delivery delays at certain outlets of the company were exaggerated and inaccurate.

2. Clarification Statement

(1) For individual outlets where express shipments are delayed, the company has actively mobilized internal resources and external forces to deliver all delayed express shipments. At present, the company's operations are normal. , employees have returned to work in good condition, and express delivery services at outlets are stable. The temporary detention of express shipments due to seasonal labor shortages and concentrated shipments after the Spring Festival will have no substantial impact on the company's production and operations.

(2) The company's overall network operation is stable, the number of franchised companies has not changed significantly, and the company's daily operations are normal.

(3)

The company has always attached great importance to the harmonious development of the entire network, and always puts the interests of franchised companies and employees across the network in an important position. The headquarters continues to strengthen the information system through Investments in development, transshipment center construction, and transportation network construction have improved the level of infrastructure to serve the entire network, and an effective development mechanism has been established to maximize win-win results with franchised companies.