Core Viewpoint - JD Industrial officially listed on the Hong Kong Stock Exchange with a public offering price of HKD 14.1 per share, raising approximately HKD 2.827 billion for enhancing supply chain capabilities and strategic investments [1][3]. Financial Performance - Total revenue for JD Industrial is projected to grow from CNY 14.1 billion in 2022 to CNY 20.4 billion in 2024, with a compound annual growth rate (CAGR) of 20.1% [1][3]. - Adjusted net profit is expected to increase from CNY 710 million in 2022 to CNY 910 million in 2024, with a CAGR of 12.8% [1][3]. Client Base and Market Reach - JD Industrial serves over 10,000 key enterprise clients and millions of SMEs, including around 60% of China's Fortune 500 companies and over 40% of global Fortune 500 companies operating in China [2][4]. - The company focuses on MRO, BOM, and spare parts, collaborating with over 158,000 manufacturers, distributors, and agents, offering 80 categories and approximately 81.1 million SKUs of industrial products [2][4]. Strategic Initiatives - JD Industrial launched the "Smart Empowerment for Industries, Trillion Cost Reduction" initiative, aiming to help the Chinese industrial sector achieve significant cost reductions over the next five years [2][4]. - The company developed the JoyIndustrial supply chain model to address high costs and low efficiency in the industrial sector, utilizing intelligent decision-making and process optimization [5]. International Expansion - JD Industrial provides overseas services for over 100 Chinese enterprises, covering countries such as Vietnam, Indonesia, Hungary, Thailand, and Brazil, enhancing procurement efficiency and collaboration across supply chains [5].
京东工业于港交所主板上市,募资28.27亿港元