刘强东收获一家上市公司：主营工业品电商业务，收入超过200亿元

Core Viewpoint - JD Industrial officially listed on the Hong Kong capital market with a market capitalization of HKD 37.748 billion, marking the fifth publicly listed company controlled by Liu Qiangdong, expanding his capital footprint into a diversified structure of "retail + logistics + health + industry + technology" [1] Company Overview - JD Industrial focuses on e-commerce for industrial products, providing non-production materials (MRO) and production materials (BOM) services, along with smart supply chain solutions [3] - The company is the largest participant in China's MRO procurement service market, with a transaction volume of CNY 28.8 billion in 2024 and a market share of 0.8%, and it holds a 4.1% market share in the domestic industrial supply chain technology and service market [3] Business Development - JD Industrial was incubated within JD Group in 2013, became an independent business unit in July 2017, and underwent a brand upgrade in July 2021 [5] - The company has developed a full-chain industrial supply chain technology and service provider, addressing issues in traditional procurement processes [6] Financial Performance - Revenue for the past three years was CNY 14.135 billion, CNY 17.336 billion, and CNY 20.398 billion, with core product sales contributing CNY 12.9 billion, CNY 16.1 billion, and CNY 19.2 billion respectively [8] - JD Industrial achieved a significant turnaround from a loss of CNY 1.269 billion in 2022 to a profit of CNY 0.048 billion in 2023, and a net profit of CNY 7.62 billion in 2024, a 158-fold increase year-on-year [8] Market Competition - The industrial e-commerce market in China is highly competitive, with major players including 1688 Industrial, Zhenkunhang, and others, alongside numerous mid-tier and long-tail competitors [10] - Industry experts note that as digital transformation accelerates in manufacturing, the demand for efficient, transparent, and traceable supply chain services is increasing, indicating a trend towards specialization, personalization, and intelligence in industrial e-commerce [11]