Core Viewpoint - ZKH Group Limited reported solid financial performance in Q2 2024, with significant growth in gross merchandise volume (GMV) and net revenues, driven by an increase in customer numbers and strong demand in the maintenance, repair, and operations (MRO) market [1][2][3]. Financial Performance - **Gross Merchandise Volume (GMV)**: Increased by 5.6% year-over-year to RMB 2,754.6 million [2]. - **Net Revenues**: Rose by 8.5% year-over-year to RMB 2,250.0 million (US$309.6 million) [3][4]. - **Gross Profit**: Increased by 14.3% to RMB 383.0 million, with a gross margin of 17.0%, up from 16.2% [6][7]. - **Operating Loss**: Narrowed to RMB 71.2 million from RMB 123.1 million in the same period last year, improving the operating loss margin to 3.2% from 5.9% [11][13]. - **Net Loss**: Reduced by 48.8% to RMB 66.3 million, with a net loss margin of 2.9% compared to 6.2% in Q2 2023 [13][14]. Customer Growth - **Number of Customers**: Increased by 25.1% year-over-year to 48,766, with notable growth in both ZKH and GBB platforms [2][3]. - **ZKH Platform Customers**: Grew by 18.9% to 34,360 [2]. - **GBB Platform Customers**: Increased by 43.0% to 14,406 [2]. Business Model Performance - **Product Sales (1P)**: Increased by 9.5% to RMB 2,185.4 million [2][4]. - **Marketplace (3P)**: Decreased by 7.3% to RMB 569.2 million, reflecting a lower proportion of GMV generated by the marketplace model [2][4]. Operational Efficiency - **Operating Expenses**: Decreased by 0.9% to RMB 454.2 million, with operating expenses as a percentage of net revenues improving to 20.2% from 22.1% [8][9]. - **Fulfillment Expenses**: Decreased by 7.1% to RMB 99.1 million, contributing to improved operational efficiency [8]. - **Sales and Marketing Expenses**: Decreased by 6.5% to RMB 157.7 million [9]. Future Outlook - The company aims to continue investing in supply chain capabilities and digitalization to enhance customer engagement and service offerings, positioning itself to capitalize on growth opportunities in the MRO market [1][2].

SHANGHAI, June 13, 2024 /PRNewswire/ -- ZKH Group Limited (NYSE: ZKH), a leading maintenance, repair and operations ("MRO") procurement service platform in China, announced that its board of directors has authorized a share repurchase program under which the Company may repurchase up to US$50 million of its American Depositary Shares over the next 12 months, ending on June 13, 2025.The share repurchases may be effected from time to time on the open market at prevailing market prices, in privately negotiated ...

Exhibit 99.1 ZKH Group Limited Announces First Quarter 2024 Unaudited Financial Results SHANGHAI, China, May 21, 2024 – ZKH Group Limited ("ZKH" or the "Company") (NYSE: ZKH), a leading maintenance, repair and operations ("MRO") procurement service platform in China, today announced its unaudited financial results for the first quarter ended March 31, 2024. First Quarter 2024 Operational and Financial Highlights | --- | --- | --- | --- | |----------------------------------|---------------------------------- ...

SHANGHAI, May 21, 2024 /PRNewswire/ -- ZKH Group Limited ("ZKH" or the "Company") (NYSE: ZKH), a leading maintenance, repair and operations ("MRO") procurement service platform in China, today announced its unaudited financial results for the first quarter ended March 31, 2024.First Quarter 2024 Operational and Financial Highlights in thousand RMB, except for number of customers, percentage and basis points ("bps") First Quarter 2023 2024 Change GMV[1] 2,372,911 2,348,640 -1.0 % GMV by Platform     ZKH Pla ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023. OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES ...

Exhibit 99.1 ZKH Group Limited Announces Fourth Quarter and Fiscal Year 2023 Unaudited Financial Results SHANGHAI, China, March 19, 2024 – ZKH Group Limited ("ZKH" or the "Company") (NYSE: ZKH), a leading maintenance, repair and operations ("MRO") procurement service platform in China, today announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2023. Fourth Quarter and Fiscal Year 2023 Operational and Financial Highlights | --- | --- | --- | --- | --- | --- | -- ...

SHANGHAI, March 5, 2024 /PRNewswire/ -- ZKH Group Limited ("ZKH" or the "Company") (NYSE: ZKH), a leading maintenance, repair and operations ("MRO") procurement service platform in China, today announced that it will release its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2023, on Tuesday, March 19, 2024, before the open of the U.S. markets. The Company's management will hold an earnings conference call on Tuesday, March 19, 2024 at 8:00 A.M. U.S. Eastern Time (8:00 ...