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。 ...

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） 財務摘要 未經審計 截至9月30日止三個月 | | | （人民幣千元，百分比除外） | | | --- | --- | --- | --- | | 收入 | 55,084,441 | 44,395,616 | 24.1% | | 毛利 | 5,007,346 | 5,197,449 | (3.7%) | | 除稅前利潤 | 2,090,331 | 2,625,435 | (20.4%) | | 期間利潤 | 1,963,736 | 2,444,800 | (19.7%) | | 期間非國際財務報告準則利潤(1) | 2,019,705 | 2,572,583 | (21.5%) | | (1) 期間非國際財務報告準則利潤率 | 3.7% | 5.8% | (2.1)個百分點 | | 期間 ...

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]

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10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: 京东物流股份有限公司 呈交日期: 2025年11月6日 FF301 II. 已發行股份及/或庫存股份變動 | 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) | 02618 | 說明 | | | | | 已發行股份（不包括庫存股份）數目 | 庫存股份數目 | 已發行股份總數 | | | | | 上月底結存 | 6,655,031,772 | 0 | 6,655,031,772 | | | | 增加 / 減少 (-) | 0 | 0 | | | | | 6,655,031,772 | 0 | 6,655,031,772 | 本月底結存 | | | 第 2 頁 共 10 頁 v 1.1.1 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 ...

Core Viewpoint - JD.com aims to build a more resilient "super supply chain" during the APEC Business Leaders Summit, with significant investments planned in logistics technology [4][6]. Investment Plans - JD Logistics plans to purchase 3 million robots, 1 million unmanned vehicles, and 100,000 drones over the next five years, marking an unprecedented investment in China's logistics history [4][6]. - The estimated investment cost for these purchases is projected to be no less than 290 billion RMB [7][8]. Financial Considerations - As of mid-2025, JD Logistics has 17.317 billion RMB in cash, which is insufficient to cover the planned expenditures [8]. - JD Group, which holds a 63.31% stake in JD Logistics, has total cash and cash equivalents of 223.4 billion RMB, but even with annual cash flow growth, it may struggle to independently support this massive investment [8]. Technological Advancements - JD Logistics has significantly increased its R&D spending, with a cumulative investment exceeding 10 billion RMB from 2022 to 2024, surpassing competitors like SF Express [11]. - The company has developed various technological innovations, including AI models and autonomous delivery systems, which have improved operational efficiency [11][12]. Market Expansion - JD Logistics is expanding its global footprint with a "Global Network Plan," aiming to double its self-operated overseas warehouse space by mid-2025 [12][18]. - The company has also initiated a large-scale recruitment of full-time delivery personnel to enhance its last-mile delivery capabilities [12][14]. Strategic Shift - JD Group is transitioning from a traditional e-commerce model to a technology-driven supply chain infrastructure service provider, focusing on logistics as a core business [16][18]. - The company is also investing in instant delivery services and integrating them with its existing logistics network to enhance service quality [14][18]. Financial Performance - JD Logistics achieved profitability in 2023 after 11 years of losses, with a significant increase in adjusted net profit in 2024 [16]. - However, the company's profit growth has slowed in 2025 due to expansion costs, with a notable decline in operating cash flow [18][19].