BEST Inc. to Change NYSE Ticker Symbol to "BEST" on February 19, 2019

HANGZHOU,China,Feb. 5,2019 --BEST Inc. (NYSE: BSTI) ("BEST" or the "Company"),a leading global smart supply chain and logistics solutions and services provider,announced today that the Company's ticker symbol on the New York Stock Exchange will change from "BSTI" to "BEST," effective at the start of trading on February 19,2019.

Johnny Chou,Chairman and Chief Executive Officer of BEST,said: "We are excited to be able to align our NYSE ticker symbol with the 'BEST' brand name which provides us with better visibility and consistent recognition with public investors and across all our stakeholders."

No action is needed from current shareholders in relation to the ticker symbol change. BEST's American Depositary Shares ("ADSs") will continue to be listed on the NYSE and the CUSIP will remain unchanged as 08653C106.

About BEST Inc.

BEST Inc. is a leading smart supply chain and logistics solutions and services provider. BEST's mission is to empower businesses and enrich the lives of consumers by leveraging technology and business model innovation to create a smarter,more efficient supply chain. For more information,please visit: http://www.best-inc.com/en/.

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