FORM 2 - Corporate Substantial Shareholder Notice
 
Form Serial Number: CS20260713E00676 
1. Date of relevant event: 08/07/2026
(dd/mm/yyyy)
2. Date when the substantial shareholder becomes aware of the relevant event / interest in the shares (if later): 10/07/2026
(dd/mm/yyyy)
3. Stock code: 01519
4. Name of listed corporation: J&T Global Express Ltd. - W 
5. Class of shares: Others 
6. Number of issued shares in class: 8,791,437,515
7. Name of substantial shareholder: JPMorgan Chase & Co. 
8. Registered office: 270 Park Avenue, New York, New York, NY, 10017, United States
9. Principal place of business in Hong Kong: N/A 
15. Exchange on which listed: New York Stock Exchange
16. Name of listed parent and exchange on which parent is listed: N/A 
17. Details of relevant event:
  Brief description of relevant event Capacity in which shares were/are held Number of shares bought/sold or involved Currency of transaction On Exchange Off Exchange
Before relevant event After relevant event Highest price (per share) Average price (per share) Average consideration (per share) Nature of consideration
Long position
1004You first acquire a notifiable interest because:
you acquired a security interest in the shares
2201Interest of corporation controlled by you
2201Interest of corporation controlled by you
 58,290,967 HKD 9.7900 9.5352 9.5168
3101Cash
Short position 
1403You came to have a short position of 1% or more in the shares, or the percentage level of your short position in such shares increased because:
any other event (you must briefly describe the relevant event in the Supplementary Information box)
 
2201Interest of corporation controlled by you
 
2201Interest of corporation controlled by you
 		 10,099,403           
18. Total shares immediately before the relevant event:
 Total number of sharesPercentage figure (%)
Long position409,929,2764.66
Short position85,818,9640.97
Lending Pool291,060,0593.31
19. Total shares immediately after the relevant event:
 Total number of sharesPercentage figure (%)
Long position468,220,2435.32
Short position95,918,3671.09
Lending Pool292,182,8693.32
20. Capacity in which interests disclosed in Box 19 are held:
Capacity codeNumber of shares
2101Beneficial owner
Long position94,619,089
Short position91,378,767
2102Investment manager
Long position10,365,278
Short position4,539,600
2106Person having a security interest in shares
Long position71,053,007
Short position0
2502Approved lending agent
Long position292,182,869
Short position0

21. Further information in respect of derivative interests:
Derivatives codeNumber of shares
4102Listed derivatives - Cash settled
Long position0
Short position311,200
4105Unlisted derivatives - Physically settled
Long position1,315,518
Short position713,400
4106Unlisted derivatives - Cash settled
Long position15,502,501
Short position20,229,252
4103Listed derivatives - Convertible instruments
Long position62,336,766
Short position27,766,322
22. Further information in relation to interests of corporations controlled by substantial shareholder:
Name of controlled corporationAddress and place of incorporationName of controlling person% controlDirect interest (Y/N)Number of shares
JPMorgan Asset Management (China) Company Limited42F&43F 479 Lujiazui Ring Road China (Shanghai) Pilot Free Trade Zone Shanghai 200120 ChinaJPMorgan Asset Management Holdings Inc.100.00Y
Long position21,600
Short position0
J.P. Morgan Securities LLC270 Park Avenue New York NY 10017 United StatesJ.P. Morgan Broker-Dealer Holdings Inc.100.00Y
Long position75,444,235
Short position17,010,028
Highbridge Capital Management, LLC390 Madison Avenue 28th Floor New York NY 10017 United StatesJPMorgan Asset Management Holdings Inc.100.00Y
Long position9,347,078
Short position4,487,600
JPMORGAN ASSET MANAGEMENT (UK) LIMITED60 Victoria Embankment London EC4Y0JP EnglandJPMORGAN ASSET MANAGEMENT INTERNATIONAL LIMITED100.00Y
Long position106,800
Short position0
J.P. Morgan Investment Management Inc.270 Park Avenue New York NY 10017 United StatesJPMorgan Asset Management Holdings Inc.100.00Y
Long position362,400
Short position0
JPMorgan Chase Bank, National Association1111 Polaris Parkway Columbus OH 43240 United StatesJPMorgan Chase & Co.100.00Y
Long position292,564,069
Short position0
J.P. Morgan Alternative Asset Management, Inc.270 Park Avenue New York NY 10017 United StatesJPMorgan Asset Management Holdings Inc.100.00Y
Long position146,200
Short position52,000
J.P. MORGAN SECURITIES PLC25 Bank Street Canary Wharf London E14 5JP EnglandJ.P. MORGAN CAPITAL HOLDINGS LIMITED100.00Y
Long position90,227,861
Short position74,368,739
JPMorgan Asset Management Holdings Inc.270 Park Avenue New York NY 10017 United StatesJPMorgan Chase Holdings LLC100.00N
Long position9,984,078
Short position4,539,600
JPMorgan Chase Holdings LLC270 Park Avenue New York NY 10017 United StatesJPMorgan Chase & Co.100.00N
Long position85,428,313
Short position21,549,628
J.P. Morgan Broker-Dealer Holdings Inc.4 Chase Metrotech Center 4th Floor Brooklyn NY 11245 United StatesJPMorgan Chase Holdings LLC100.00N
Long position75,444,235
Short position17,010,028
JPMORGAN ASSET MANAGEMENT INTERNATIONAL LIMITED60 Victoria Embankment London EC4Y0JP EnglandJPMorgan Asset Management Holdings Inc.100.00N
Long position106,800
Short position0
J.P. MORGAN CAPITAL HOLDINGS LIMITED25 Bank Street Canary Wharf London E14 5JP EnglandJ.P. Morgan International Finance Limited100.00N
Long position90,227,861
Short position74,368,739
J.P. Morgan International Finance Limited270 Park Avenue New York NY 10017 United StatesJPMorgan Chase Bank, National Association100.00N
Long position90,227,861
Short position74,368,739
JPMorgan Chase Bank, National Association1111 Polaris Parkway Columbus OH 43240 United StatesJPMorgan Chase & Co.100.00N
Long position90,227,861
Short position74,368,739

23. Further information in relation to interests held by substantial shareholder jointly with another person:
Name of joint shareholderAddressNumber of shares
 
24. Further information from a trustee, a beneficiary of a trust, or a person who set up a discretionary trust:
Names of trustAddressStatus codeNumber of shares
  
25. Further information from a party to an agreement under Section 317 (Please see Notes for further information required):
Names of other partiesAddressNumber of shares
 
Total number of shares in which a substantial shareholder is interested under sections 317 and 318
26. Details of person(s) in accordance with whose directions the substantial shareholder or its directors are accustomed to act:
NamesAddressRelationship CodePercentage (%)
  
 
27. Supplementary information: JP Morgan Chase & Co. came to have a short position of 1% or more in the shares, or the percentage level of your short position in such shares increased.As of date of relevant event,J&T GLOBAL EXPRESS LTD issued share capital 8791437515 of class B shares.
28. Log/Serial Number of the previous form:
29. Number of concert party document(s) under section 317 attached/uploaded:
Date of filing this Form 2: 13/07/2026
(dd/mm/yyyy)