京东工业向港交所递交上市申请 2024年营收204亿元 近三年复合年增长率20.1%

Core Viewpoint - JD Industrial has submitted a listing application to the Hong Kong Stock Exchange, aiming to enhance its position in the MRO procurement services market and expand its industrial supply chain capabilities [1] Group 1: Company Overview - JD Industrial is the largest participant in China's MRO procurement services market, with a transaction volume projected to be nearly three times that of the second-largest competitor by 2024 [1] - The company is also the largest service provider in China's industrial supply chain technology and services market, holding a market share of 4.1% as of 2024 [1] Group 2: Client Base and Product Offering - As of June 30, 2025, the company serves approximately 11,100 key enterprise clients, including around 60% of China's Fortune 500 companies and over 40% of global Fortune 500 companies operating in China [2] - The company offers the widest range of industrial products in China, with approximately 81.1 million SKUs across 80 product categories as of June 30, 2025 [2] - The product supply network consists of about 158,000 manufacturers, distributors, and agents nationwide [2] Group 3: Financial Performance - The company's total revenue from continuing operations increased from RMB 14.1 billion in 2022 to RMB 17.3 billion in 2023, and is projected to reach RMB 20.4 billion in 2024, reflecting a compound annual growth rate of 20.1% [3] - The company recorded a net loss of RMB 1.3 billion in 2022, followed by a net profit of RMB 4.8 million in 2023, and a projected net profit of RMB 760 million in 2024 [3] - For the six months ending June 30, 2024, the company reported a net profit of RMB 290 million, and for the six months ending June 30, 2025, a net profit of RMB 450 million [3] Group 4: Business Operations and Revenue Sources - The company operates a non-public exclusive digital procurement system for key enterprise clients, with independent websites and mobile applications providing direct access to products and services [4] - Revenue not involving JD Group traffic was RMB 7.5 billion, RMB 9.8 billion, RMB 12.3 billion, and RMB 6.6 billion for the years ending December 31, 2022, 2023, 2024, and for the six months ending June 30, 2025, respectively, accounting for 52.9%, 56.6%, 60.3%, and 63.9% of total revenue [4] - Revenue from JD Group platforms was RMB 6.7 billion, RMB 7.5 billion, RMB 8.1 billion, and RMB 3.7 billion for the same periods, representing 47.1%, 43.4%, 39.7%, and 36.1% of total revenue [4] Group 5: Future Plans - The funds raised from the listing are intended for enhancing industrial supply chain capabilities, regional business expansion, potential strategic investments or acquisitions, and general corporate purposes and working capital needs over the next 48 to 60 months [4]