08.04
·Official claim
·Importance IV
·Sources 2
·Beijing
On August 4, 2026, the State Post Bureau issued an official notice stating that, because a series of production safety accidents had occurred at franchise-operated enterprises and safety hazards repeatedly persisted, the headquarters of STO Express was formally placed under investigation for failing to implement unified safety responsibilities.
2026.08
·Reported
·Importance IV
·Sources 1
·China
In August 2026, reports emerged that STO Express has recently been under investigation and may face penalties or disposals on the scale of billions of yuan.
2026.08
·Reported
·Importance III
·Sources 1
·China
The State Council has reportedly ordered an investigation into STO Express, with related actions involving its equity and corporate asset control issues.
2016.12.30
·Verified
·Importance III
·Sources 2
·Shenzhen, China
In 2016, Shentong Express went public in Shenzhen. Previously, Alibaba founder Jack Ma had invested in Shentong, pushing it to leverage the growth of online shopping to expand its courier business.