Zn-containing HZSM-5 zeolites with different Zn contents were prepared by ion exchange and physically mixing methods, and were characterized by X-ray diffraction, scanning electron microscope, N 2 adsorption-desorption, NH 3 temperature programmed desorption, pyridine adsorption infrared spectroscopy, ultraviolet-visible diffuse reflectance spectroscopy and X-ray photoelectron spectroscopy. Zn species introduced into HZSM-5 were identified as ZnO crystals, ZnO clusters in the zeolite channel and Zn(OH) + species formed from a solid state reaction between dispersed ZnO and the protons in the zeolite. The preparation method has a significant influence on the distribution of the Zn species. The catalytic behavior of Zn-containing HZSM-5 with different Zn contents showed that the Zn(OH) + and ZnO species were responsible for aromatic formation from ethylene.