与此同时，王振辉被委任为公司执行董事、首席执行官及授权代表，自2025年11月13日起生效。 资料显示，王振辉于2010年4月加入京东集团，曾担任多个重要职务。2017年4月至2020年12月，王振辉 担任京东物流首席执行官。2024年，王振辉回到京东集团负责创新业务的发展。 北京商报讯（记者 何倩）11月13日，京东物流发布公告，董事会宣布胡伟已辞任执行董事、首席执行 官及授权代表，自2025年11月13日起生效，原因是他将在京东集团担任其他职务。 ...

Core Viewpoint - JD Logistics reported strong Q3 2025 results, exceeding market expectations in revenue and growth metrics [1] Financial Performance - Total revenue for Q3 reached 55.1 billion yuan, representing a year-on-year growth of 24.1% [1] - Adjusted net profit for the quarter was 2.02 billion yuan [1] - Integrated supply chain revenue grew by 45.8% [1]

Core Insights - JD Logistics reported a revenue of RMB 55.084 billion for Q3 2025, representing a year-on-year increase of 24.1% [1] - The company's pre-tax profit decreased by 20.4% to RMB 2.09 billion, while the profit attributable to shareholders fell by 7.92% to RMB 2.03 billion [1] Revenue Growth - Integrated supply chain customer revenue reached RMB 30.1 billion, up 45.8% year-on-year, with external integrated supply chain customer revenue at RMB 8.9 billion, a 13.5% increase [2] - The company achieved steady growth across multiple industries, particularly in the home appliance sector, by enhancing end-to-end coverage and leveraging digital capabilities [2] International Expansion - JD Logistics is expanding its overseas operations by replicating its warehousing and integrated supply chain capabilities in international markets [3] - A partnership with a well-known electric vehicle brand has extended operations to the Middle East, providing comprehensive logistics services in Dubai [3] - The company has opened a new air cargo route from Shenzhen to Singapore, enhancing its logistics network in the Asia-Pacific region [3] Warehousing and Infrastructure - As of September 30, 2025, JD Logistics' warehousing network covers nearly all counties in China, with over 1,600 warehouses and more than 2,000 cloud warehouses [4] - The total managed warehouse area exceeds 34 million square meters, including cloud warehouses [4] Strategic Acquisitions - JD Logistics acquired 100% of a subsidiary engaged in local instant delivery services for approximately USD 270 million, aimed at enhancing service offerings and operational efficiency [4] - This acquisition is expected to strengthen the company's last-mile delivery capabilities and improve user experience [4] Employment and Social Contribution - The total human resources expenditure for the company reached RMB 103.9 billion over the past twelve months, reflecting its commitment to job creation and social contribution [4]

Core Viewpoint - JD Logistics reported a revenue of RMB 55.084 billion for the third quarter ending September 30, 2025, representing a year-on-year increase of 24.1%, while the pre-tax profit decreased by 20.4% to RMB 2.09 billion, and the profit attributable to shareholders fell by 7.92% to RMB 2.03 billion [1] Group 1: Integrated Supply Chain Solutions - The revenue from integrated supply chain customers reached RMB 30.1 billion, a year-on-year increase of 45.8%, with external integrated supply chain customer revenue at RMB 8.9 billion, up 13.5% [1] - The company is enhancing its end-to-end coverage in the home appliance sector, leveraging digital capabilities to streamline operations and reduce costs for brand clients [1] - The "consolidated distribution" model has effectively reduced the number of transfers in delivery, helping clients lower costs and improve warehouse entry efficiency [1] Group 2: Overseas Business Expansion - The company is actively expanding its overseas business by replicating its warehousing and integrated supply chain capabilities in international markets [2] - A partnership with a well-known electric vehicle brand has extended operations to the Middle East, providing comprehensive logistics services in Dubai [2] - The successful launch of a dedicated air cargo route from Shenzhen to Singapore enhances the logistics network in the Asia-Pacific region, offering efficient solutions for high-end electronic products and cross-border e-commerce packages [2] Group 3: Warehousing Network and Acquisitions - As of September 30, 2025, the company's warehousing network covers nearly all counties in China, with over 1,600 warehouses operated by the company and more than 2,000 cloud warehouses managed by third-party owners [3] - The acquisition of a wholly-owned subsidiary engaged in local instant delivery services for approximately USD 270 million is expected to enhance the company's service offerings and improve last-mile delivery capabilities [3] - Total human resources expenditure reached RMB 103.9 billion over the past twelve months, reflecting the company's commitment to job creation and social contribution [3]

京东物流(02618)发布公告，胡伟先生已辞任执行董事、首席执行官及香港联合交易所有限公司证券上 市规则第3.05条项下的授权代表，自2025年11月13日起生效，原因为彼将于京东集团有其他任职。董事 会欣然宣布，王振辉先生已获委任为公司执行董事、首席执行官及授权代表，自2025年11月13日起生 效。 ...

格隆汇11月13日丨京东物流(02618.HK)发布公告，胡伟已辞任执行董事、首席执行官及授权代表，自 2025年11月13日起生效，原因为彼将于京东集团有其他任职。此外，王振辉已获委任为公司执行董事、 首席执行官及授权代表，自2025年11月13日起生效。 ...

Revenue and Profitability - Revenue for the three months ended September 30, 2025, was RMB 55,084,441 thousand, representing a 24.1% increase from RMB 44,395,616 thousand in the same period of 2024[4] - The company reported a pre-tax profit of RMB 2,090,331 thousand, down 20.4% from RMB 2,625,435 thousand year-over-year[4] - Non-IFRS profit for the period was RMB 2,019,705 thousand, a decrease of 21.5% from RMB 2,572,583 thousand in the previous year[4] - Net profit for Q3 2025 was RMB 2.0 billion, down from RMB 2.4 billion in Q3 2024[20] - Non-IFRS profit decreased to RMB 2.0 billion in Q3 2025 from RMB 2.6 billion in Q3 2024, with a non-IFRS profit margin of 3.7%[23][24] Gross Profit and Operating Costs - Gross profit for the same period was RMB 5,007,346 thousand, a decrease of 3.7% compared to RMB 5,197,449 thousand in the previous year[4] - Operating costs increased by 27.8% from RMB 39.2 billion in Q3 2024 to RMB 50.1 billion in Q3 2025, consistent with revenue growth trends[14] - Gross profit decreased to RMB 5.0 billion with a gross margin of 9.1% in Q3 2025, down from RMB 5.2 billion and 11.7% in Q3 2024[16] - Other operating costs rose by 26.8% from RMB 5.4 billion in Q3 2024 to RMB 6.9 billion in Q3 2025, primarily due to increases in fuel, tolls, and maintenance costs[15] Integrated Supply Chain Performance - Integrated supply chain customer revenue reached RMB 30.1 billion, a year-over-year increase of 45.8%, with external integrated supply chain customer revenue at RMB 8.9 billion, up 13.5%[6] - Revenue from integrated supply chain customers rose by 45.8% from RMB 20.7 billion in Q3 2024 to RMB 30.1 billion in Q3 2025, driven by increased demand from JD Group and external customers[11] - The number of external integrated supply chain customers grew from 59,286 to 66,809, reflecting a rise in service demand and improved service capabilities[11] Research and Development - Research and development expenses for the three months were RMB 1,057,892 thousand, compared to RMB 912,703 thousand in the same period last year, reflecting a focus on innovation[8] - R&D expenses rose by 15.9% from RMB 0.9 billion in Q3 2024 to RMB 1.1 billion in Q3 2025, reflecting ongoing investment in technology and innovation[18] Cash Flow and Financial Position - As of September 30, 2025, the total cash resources of the group amounted to RMB 44.4 billion[27] - The free cash flow for the three months ended September 30, 2025, was RMB 600 million, significantly lower than RMB 2.7 billion in the same period of 2024[27] - The net cash generated from operating activities was RMB 4.7 billion, after deducting capital expenditures of RMB 1.9 billion and lease-related payments of RMB 2.2 billion[27] Expansion and Logistics - The company expanded its warehousing network to over 3.4 million square meters, including more than 1,600 self-operated warehouses and over 2,000 third-party operated cloud warehouses[7] - The company successfully launched a dedicated air cargo route from Shenzhen to Singapore, enhancing its logistics network in the Asia-Pacific region[6] - A total consideration of approximately USD 270 million was paid for the acquisition of a wholly-owned subsidiary engaged in local instant delivery services, expected to enhance last-mile delivery capabilities[7] Human Resources - Total human resources expenditure reached RMB 103.9 billion over the twelve months ending September 30, 2025, demonstrating a commitment to job creation[7] Marketing and Sales Expenses - Sales and marketing expenses increased by 13.5% from RMB 1.4 billion in Q3 2024 to RMB 1.6 billion in Q3 2025, driven by the expansion of sales and marketing teams[17]

執行董事 王振輝 （首席執行官） 非執行董事 劉強東 （主席） 獨立非執行董事 JD Logistics, Inc. 京東物流股份有限公司 （於開曼群島註冊成立的有限公司） （股份代號：2618） 董事名單及其角色和職能 京东物流股份有限公司（「本公司」）的董事（「董事」）會（「董事會」）成員如下。 董事會設有三個委員會。下表詳細列出該等委員會成員。 | 董事 | | 審計委員會 | 薪酬委員會 | 提名委員會 | | --- | --- | --- | --- | --- | | 王振輝 | （首席執行官） | | | | | 劉強東 | （主席） | | | 主席 | | 顧宜 | | 主席 | 成員 | | | 吳燕安 | | 成員 | | | | 趙先德 | | 成員 | 主席 | | | 張揚 | | | | 成員 | | 葉林 | | | 成員 | 成員 | | 鄧以海 | | | | | 2025年11月13日 顧宜 吳燕安 趙先德 張揚 葉林 鄧以海 ...

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分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。 JD Logistics, Inc. 京東物流股份有限公司 （於開曼群島註冊成立的有限公司） （股份代號：2618） 董事及授權代表變更 京东物流股份有限公司（「本公司」，連同其子公司統稱「本集團」）董事（「董事」）會（「董 事會」）謹此宣佈以下董事會變動。 董事辭任 董事會宣佈胡偉先生（「胡先生」）已辭任執行董事、首席執行官及香港聯合交易所有限 公司（「聯交所」）證券上市規則（「上市規則」）第3.05條項下的授權代表（「授權代表」），自 2025年11月13日起生效，原因為彼將於京東集團有其他任職。 胡先生已確認，彼與董事會並無意見分歧，且概無有關彼辭任之事宜須提請本公司股東 或聯交所垂注。 董事會謹藉此機會向胡先生於彼任期內對本公司作出之寶貴貢獻致以謝意。 1 委任董事 董事會欣然宣佈，王振輝先生（「王先生」）已獲委任為本公司執行董事、首席執行官及授 權代表，自2025年11月13日起生效。 王先生 ...

Group 1: Industry Trends - Investment, trade, and technology are currently the most popular directions for Chinese companies expanding into Dubai, with compliance and long-term operations being critical for success [2] - The AI glasses market is experiencing rapid growth, with major tech companies accelerating their investments, indicating a shift towards AI glasses as a new human-computer interaction interface [9] - The global solid-state battery demand is projected to reach 740 GWh by 2035, driven by applications in electric vehicles and energy storage [9] Group 2: Company Developments - Gaode has partnered with XPeng Motors to integrate XPeng's Robotaxi into its platform, aiming to create the largest Robotaxi aggregation platform globally [3] - JD Logistics has begun testing its sixth-generation smart delivery vehicles in Saudi Arabia, with a significant increase in order volume since launching its B2C brand JoyExpress [3] - Yunji Technology has signed a strategic cooperation agreement with a Saudi partner to promote smart upgrades in the local tourism and hotel industry [4] - Geely has acquired a 26.4% stake in Renault's Brazilian operations, facilitating local production and market expansion in Latin America [5] - BYD plans to launch its luxury brand "Yangwang" in the Middle East in early 2026, with subsequent expansions to Europe and the Americas [5] - Yika Technology reported a global order backlog exceeding $2.5 billion, with nearly 10 million vehicles equipped with its technology [6] - Tencent Games, Xiaomi, and SHEIN were recognized in the "Top 50 Favorite Global Brands of Generation Z" list, highlighting their strong market presence [6] Group 3: Financing Activities - Shiji Technology completed a 300 million RMB Series B++ financing round to enhance its eVTOL capabilities and global delivery efforts [7] - Weixin Aerospace has raised nearly 100 million RMB through seed and angel rounds, focusing on technology development and overseas expansion [7] - Dazheng Micro-Nano secured over 100 million RMB in Series A3 financing to build production lines for flexible perovskite solar cells [8] - Agile Medical completed a multi-hundred million RMB Series B financing round to support global commercialization and product development [8] - Thunderbird Innovation raised significant funding in a Series C round to strengthen its position in the global consumer-grade AI+AR glasses market [8]