作者 | 泊如 编辑 | 文定 从业绩来看，京东工业在2023年成功扭亏为盈，2024年净利润跃升至7.6亿元，业绩增长得益于客户结构优化与供应链效率提升。据悉，其已是国内最大的 MRO（企业非生产性物资）采购服务商。 不过，最值得关注的，还是京东工业上市后的计划，其称将募资的25%用于国际化扩张，这与京东集团的全球野心紧密协同。 京东工业前身是京东集团于2018年10月设立的一级工业品类，经过数年发展，其定位于工业供应链技术与服务。 这家公司主要做两件事：一是帮企业采购非生产性物资（MRO），营收占比近7成，包含工具耗材、五金紧固件、劳保安防、清洁与维修用品、办公耗材 等；二是切入生产主链路的BOM（物料清单），营收占比近3成，包括电子元器件、传感器、轴承、工业胶、紧固件、包装材料等，2024年BOM收入占比 已升至28%，增速高于MRO。 京东工业所处的行业市场广阔，但竞争激烈。同行竞争对手中，震坤行于2023年底登陆纽交所，2024年GMV为104.8亿元，仍处亏损收窄阶段；美国固安捷 在华业务聚焦中高端MRO，SKU约1700万，规模约为京东工业的4成。 三家公司目前直接对垒，京东工业以SKU宽度与数 ...

Core Viewpoint - JD Industrial is set to go public on the Hong Kong Stock Exchange, aiming to raise up to $500 million, with pricing scheduled for December 8 and listing on December 11, marking it as the sixth publicly listed company under the JD Group [1] Group 1: Company Overview - JD Industrial is a leading provider of industrial supply chain technology and services in China, offering comprehensive solutions for non-production materials (MRO) and production materials (BOM) [1] - The company has established itself as the largest player in China's MRO procurement service market, with a projected transaction volume ranking first in 2024, nearly three times larger than the second-largest competitor [1][2] - JD Industrial holds a market share of 4.1% in the industrial supply chain technology and services market in China [1] Group 2: Client Base and Supply Network - Over the past 12 months, JD Industrial has served 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 [2] - The company sources products from a vast network of approximately 158,000 manufacturers and agents, providing the widest range of industrial products in China, with 80 product categories and about 81.1 million SKUs [2] Group 3: Financial Performance - JD Industrial's revenue for the years 2022 to 2024 and the first half of 2025 is reported as follows: 14.135 billion RMB, 17.336 billion RMB, 20.398 billion RMB, and 10.250 billion RMB respectively [3] - Corresponding net profits for the same periods are -1.269 billion RMB, 0.048 billion RMB, 0.762 billion RMB, and 0.451 billion RMB [3]

Group 1 - The China Securities Regulatory Commission has issued a notice regarding the overseas issuance and listing of JD Industrials, Inc., allowing the company to issue up to 253,309,800 ordinary shares and list on the Hong Kong Stock Exchange [1] - JD Industrials is recognized as a leading provider of industrial supply chain technology and services in China, offering a comprehensive digitalized industrial supply chain solution named "Taipu" to meet diverse customer needs [3] - The company has become the largest participant in China's MRO procurement service market, with a projected transaction volume for 2024 that is nearly three times larger than that of the second-largest competitor [3] Group 2 - JD Industrials is also the largest service provider in China's industrial supply chain technology and services market, with a market share of 4.1% based on projected transaction volume for 2024 [3] - The company's transaction volume is expected to grow from approximately RMB 22.3 billion in 2022 to RMB 28.8 billion in 2024, reflecting a compound annual growth rate of 13.5% [3]

中国MRO采购服务市场的最大参与者。 本文为IPO早知道原创 作者｜ Stone Jin 微信公众号｜ipozaozhidao 据 IPO早知道消息， 京东工业股份有限公司 （以下简称 " 京东工业 "）于2 025 年 3月3 0 日更 新招股书，继续推进港交所主板上市进程，美银、高盛和海通国际担任联席保荐人。 2017年 ，京东工业 开始 布局 专注于 MRO 采购 服务的供应链技术与服务业务 ，现已 成为中国 MRO 采购 服务市场的最大参与者 。 根据灼识 咨询 的资料显示，按 2024年的交易额 计算 ， 京 东工业 排名第一 。 自 2022年至2024年 ，京东工业 的交易额由约 223亿元 以 13.5% 的复合年 增长率增 至 288亿元 。 根据灼识 咨询 的资料显示，按 2024年交易额 计算 ， 京东工业 亦为中国工业供应链技术与服务 市场最大的服务提供商 。 截至 2024年12月31日， 京东工业 已提供约 5,710万个SKU，涵盖77 个产品类别。2024年， 京东工业 的商品供应源自于由约 121,700家制造商、分销商及代理商组成 的工业品供应网络。 另 根据灼识 咨询 的 ...