Core Viewpoint - JD Industrial (07618) announced the partial exercise of the over-allotment option involving 3.9574 million shares, representing approximately 1.87% of the total shares initially available for subscription under the global offering [1] Group 1: Over-allotment Details - The overall coordinator representing international underwriters will partially exercise the over-allotment option on January 7, 2026, after trading hours [1] - Merrill Lynch International has borrowed 31.6812 million shares from JD Industrial Technology Limited to cover the over-allotment distribution [1] - The over-allotment shares will be issued at a final offer price of HKD 14.10 per share [1] Group 2: Listing and Trading - The Hong Kong Stock Exchange has approved the listing and trading of the over-allotment shares [1] - The over-allotment shares are expected to commence trading on January 12, 2026, at 9:00 AM on the main board of the Hong Kong Stock Exchange [1]

Core Viewpoint - JD Industrial (07618) announced the partial exercise of the over-allotment option involving 3.9574 million shares, representing approximately 1.87% of the total shares initially available for subscription before any over-allotment options are exercised [1] Group 1 - The overall coordinator representing international underwriters will partially exercise the over-allotment option on January 7, 2026, after trading hours [1] - Merrill Lynch International has borrowed 31.6812 million shares from JD Industrial Technology Limited to cover the excess allocation for the international offering [1] - The over-allotment shares will be issued at a final offering price of HKD 14.10 per share [1] Group 2 - The Hong Kong Stock Exchange has approved the listing and trading of the over-allotment shares [1] - The over-allotment shares are expected to commence trading on the main board of the Hong Kong Stock Exchange on January 12, 2026, at 9:00 AM [1]

Group 1 - The company announced the partial exercise of the over-allotment option involving a total of 3,957,400 shares, which represents approximately 1.87% of the total shares initially available for subscription before any over-allotment options are exercised [1] - Merrill Lynch International has borrowed 31,681,200 shares from JD Industrial Technology Limited to cover the over-allotment distribution [1] - The over-allotment shares will be issued at a final offer price of HKD 14.10 per share, excluding various transaction fees [1] Group 2 - The Hong Kong Stock Exchange has approved the listing and trading of the over-allotment shares, which are expected to commence on January 12, 2026 [2]

香港交易及結算所有限公司、香港聯合交易所有限公司（「聯交所」）及香港中央結算有限公司對本公告的內容概不 負責，對其準確性或完整性亦不發表任何聲明，並明確表示概不就因本公告全部或任何部分內容而產生或因依賴 該等內容而引致的任何損失承擔任何責任。 本公告乃根據香港法例第571W章證券及期貨（穩定價格）規則第9(2)條作出。 本公告僅供參考，並不構成收購、購買或認購本公司證券的邀請或要約。本公告並非招股章程。決定是否投資股 份前，有意投資者應細閱招股章程，以了解下述有關本公司及全球發售的詳細資料。 本公告不會直接或間接於或向美國（包括其領土及屬地、任何美國州份以及哥倫比亞特區）發佈、刊發或派發。本 公告並不且不擬構成或成為美國境內或於任何其他司法權區購買或認購證券的任何要約或招攬的一部分。發售 股份並無亦不會根據《1933年美國證券法》（經不時修訂）（「美國證券法」）或美國任何州或其他司法權區證券法例登 記，且不得在美國境內提呈發售、出售、抵押或轉讓，惟根據美國證券法的登記規定獲豁免或毋須遵守登記規定 的交易除外。本公司將不會在美國公開發售發售股份。發售股份(1)僅可根據美國證券法項下的登記豁免向合資格 機構買家（ ...

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年12月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 京东工业股份有限公司 呈交日期: 2026年1月7日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 不適用 | | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 07618 | 說明 | | | | | | | | | | 法定/註冊股份數目 | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | 100,000,000,000 | USD | | 0.0000005 | USD | | 50,000 | | 增加 / 減少 (-) | | | 0 | | | USD | | 0 | | 本月底結存 | | 100,000,000,000 | USD | | 0.0000005 | USD | | 50,000 | 本月底法定/註冊股本總額： USD ...

京东工业(07618)发布公告，于2026年1月1日，公司根据首次公开发售后首个股份计划向承授人授出了 涉及339.23万股新股份的339.23万股股份奖励，约占于授出日期已发行股份总数的0.1%。 ...

智通财经APP讯，京东工业(07618)发布公告，于2026年1月1日，公司根据首次公开发售后首个股份计划 向承授人授出了涉及339.23万股新股份的339.23万股股份奖励，约占于授出日期已发行股份总数的 0.1%。 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或完整性亦不發表 任何聲明，並明確表示，概不對因本公告全部或任何部份內容而產生或因倚賴該等內容而引致的任何損失承擔任 何責任。 JINGDONG Industrials, Inc. 京東工業股份有限公司 （於開曼群島註冊成立的有限公司） （股份代號：7618） 授出股份獎勵 董事會宣佈，於2026年1月1日，本公司根據首次公開發售後首個股份計劃向承授人授 出了涉及3,392,306股新股份的3,392,306股股份獎勵，約佔於授出日期已發行股份總數的 0.1%。 授出的詳情如下： 授出日期： 2026年1月1日 承授人： 本集團僱員（不包括本集團董事及高級管理人員） 授出股份獎勵的購買價： 零 授出361,430股股份獎勵的歸屬期間少於12個月，原因 是其為歸屬及持有期間合共超過12個月的股份獎勵授 出。 1 授出股份獎勵的數目： 3,392,306股 授出日期股份的市價： 每股14.100港元 （附註） 歸屬期間： (i) 299,915股股份獎勵將於授出日期起0.25至3.25年 內歸屬； (ii) 860,058股股份獎勵 ...

来源：港股研究社 京东工业(07618)在资本市场表现亮眼，股价涨超3%。截至发稿时，其涨幅更是达到3.83%，股价报14.1港元，成交额高达3062 万港元。 据人民网财经报道，近日第四场京东品酒会在深圳举办。在此期间，京东工业相关负责人透露了一系列重要举措。京东工业将 借助供应链数智化升级，推动工业产业实现万亿级别的降本目标。通过整合供应链，把节省下来的利润反哺给用户以及产业链 上下游企业。同时，大力推动工业供应链大模型JoyIndustrial的技术创新与场景应用，利用AI技术对生产方式进行全面升级。 值得一提的是，京东工业依托以供应链设施为基础、深度融合数智技术的京东"超级供应链"，打造出太璞数实一体化供应链解 决方案，这一方案十分契合当下中国大型工业企业升级转型的内在需求。凭借自身在供应链基础设施与数智技术方面的双重优 势，京东工业还将陆续发布针对十大工业行业场景的专属方案。 ...

Core Viewpoint - JD Industrial is a leading provider of industrial supply chain technology and services in China, focusing on MRO procurement services and end-to-end supply chain digitalization [1] Group 1: Company Overview - JD Industrial has established itself as the largest participant in the domestic MRO procurement market by 2024, serving 11,100 key enterprise clients and offering approximately 81.1 million SKUs across 80 product categories sourced from around 158,000 suppliers [1] - The company's revenue is primarily derived from industrial product (MRO) sales, with projected revenue of 20.398 billion yuan and adjusted net profit of 909 million yuan in 2024, reflecting a CAGR of 25.4% and 21.9% from 2021 to 2024 [1] - The management team is experienced, with CEO Song Chunzheng having previously incubated JD's enterprise business, driving the digitalization of the industrial supply chain [1] Group 2: Market Analysis - The Chinese industrial supply chain market is the largest globally, projected to reach 11.4 trillion yuan in 2024, with a digitalization penetration rate of only 6.2%, significantly lower than the 15% in the U.S. [2] - The MRO procurement market in China is expected to reach 3.7 trillion yuan by 2024, with a CAGR of 6.1% from 2019 to 2024, while the digitalized MRO market is projected to grow to 400 billion yuan, with a CAGR of 21.7% during the same period [2] - JD Industrial holds a market share of 4.1% in the domestic industrial supply chain technology and services market, with a mere 0.8% share in the MRO procurement market, indicating significant room for growth as digitalization increases industry concentration [2] Group 3: Competitive Landscape - The U.S. MRO industry showcases that leading companies like Grainger and Fastenal have long-term revenue growth outpacing U.S. manufacturing value added, indicating strong competitive advantages for top players [3] - JD Industrial's "Taipu" solution aims to achieve full supply chain digitalization, leveraging its consumer-side supply chain technology to establish high customer switching costs and enhance its collective procurement and digital service capabilities [3] Group 4: Financial Performance and Projections - JD Industrial operates with a light asset model and high turnover, achieving an inventory turnover rate of 24 times in 2024, significantly outperforming comparable domestic and international companies [3] - The company anticipates adjusted net profits of 1.096 billion, 1.735 billion, and 2.301 billion yuan for 2025-2027, representing year-on-year growth rates of 20.5%, 58.4%, and 32.6% respectively, with a target PE of 30, 19, and 14 times [4] - Based on a comparable company average valuation of 24 times PE, the target market value for JD Industrial is estimated at 41.2 billion yuan, indicating a 24% upside potential from current levels [4]