Group 1 - JD Industrial has successfully passed the listing hearing, with plans to officially list in December, aiming to raise between $500 million to $600 million [1] - JD Industrial, established in 2017, focuses on industrial supply chain technology and services, addressing MRO procurement and digital supply chain issues, and is projected to have a transaction volume in 2024 nearly three times that of its closest competitor [3] - The company has shown significant improvement in financial performance, turning a loss of 1.3 billion in 2022 into a profit of 4.8 million in 2023, with a projected net profit of 760 million in 2024 and total revenue of 14.1 billion in the first eight months of this year, reflecting an 18.9% year-on-year growth [3] Group 2 - The listing of JD Industrial will diversify JD Group's portfolio, expanding from consumer internet and logistics to include industrial internet, thus covering the entire industrial chain [4] - The spin-off listing is beneficial for both JD Group and JD Industrial, allowing the latter to independently raise funds and enhance its valuation while reducing the debt ratio of JD Group [4] - JD Industrial's shareholder list includes major investors like the Abu Dhabi Investment Fund, which could facilitate international financing and support JD's globalization strategy [4] Group 3 - The Chinese industrial supply chain market has reached a scale of 11.4 trillion, with a digital penetration rate of only 6.2%, indicating significant future growth potential [6] - The listing of JD Industrial serves as a validation of JD's B2B strategy and aims to solidify its leading position in the industrial digitalization sector [6] - Early listing will provide JD Industrial with a funding advantage in a competitive market [7]
京东工业通过港交所聆讯,刘强东即将收获第六家上市公司
Sou Hu Cai Jing·2025-11-24 11:07