Core Viewpoint - JD Industrial is preparing for an IPO on the Hong Kong Stock Exchange, with major investment banks acting as joint sponsors [1]. Company Overview - JD Industrial is a leading provider of industrial supply chain technology and services in China, focusing on digital transformation in the industrial supply chain to help clients ensure supply, reduce costs, increase efficiency, and maintain compliance [3]. - The company offers a comprehensive digital supply chain solution called "Taipu," which integrates both digital and physical aspects of the supply chain, covering procurement, fulfillment, and operations [3]. Market Position - JD Industrial has become the largest player in China's MRO procurement services market, with a transaction volume nearly three times that of its closest competitor by 2024 [3]. - The company is also the largest service provider in the industrial supply chain technology and services market in China, holding a market share of 4.1% by transaction volume in 2024 [3]. Client Base - As of June 30, 2025, JD Industrial 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 [4]. - The company provides the widest range of industrial products in China, with approximately 81.1 million SKUs across 80 product categories as of June 30, 2025 [4]. Financial Performance - For the fiscal year 2023, JD Industrial reported revenues of approximately 17.34 billion RMB, with a projected increase to about 20.40 billion RMB in 2024, reflecting a compound annual growth rate (CAGR) of 20.1% from 2022 to 2024 [6]. - The company achieved a profit of approximately 4.80 million RMB in 2023, with projections of 76.2 million RMB in 2024 and 45.1 million RMB for the six months ending June 30, 2025 [6][7].
京东工业通过港交所聆讯 为中国MRO采购服务市场的最大参与者
Zhi Tong Cai Jing·2025-11-24 02:17