新股消息 | 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

Core Viewpoint - JD Industrial is advancing its listing process on the Hong Kong Stock Exchange, with major investment banks acting as joint sponsors, indicating strong market interest and potential for growth in the industrial supply chain sector [1]. Company Overview - JD Industrial is recognized as a leading provider of industrial supply chain technology and services in China, focusing on digital transformation to enhance supply chain efficiency and compliance [3]. - The company has developed a comprehensive digital supply chain solution named "Taipu," which integrates various aspects of the supply chain, including procurement and operations, to meet diverse customer needs [3][5]. Market Position - JD Industrial has established itself as the largest player in China's MRO procurement services market, with a transaction volume nearly three times that of its closest competitor as of 2024 [3]. - The company holds a 4.1% market share in the broader industrial supply chain technology and services market in China, positioning it as a key service provider [3]. Customer 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 offers a wide range of industrial products, with approximately 81.1 million SKUs across 80 product categories, supported by a vast network of around 158,000 manufacturers, distributors, and agents [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 of 20.1% from 2022 to 2024 [6]. - The company is expected to achieve profits of approximately 7.62 million RMB in 2024, up from 4.80 million RMB in 2023, indicating a positive trend in profitability [6][7].