Core Insights - The collaboration between Jingbo and JD Technology in supply chain finance exemplifies an innovative model integrating industry, finance, and digitalization, crucial for enhancing supply chain resilience and efficiency in a volatile global economy [1][2]. Company Overview - Jingbo, established in 1991, has evolved from refining to high-performance multifunctional materials and advanced equipment manufacturing, becoming a leading player in Shandong's high-end chemical industry [1]. - In 2024, Jingbo achieved global sales revenue of 103 billion, ranking 275th in the China Top 500 Enterprises and 33rd among China's petroleum and chemical enterprises [1]. Collaboration Details - The partnership began in 2021, focusing on leveraging JD's supply chain finance advantages to enhance Jingbo's production and procurement processes [2]. - JD Industrial's capabilities in industrial procurement and digital services have enabled Jingbo to build a comprehensive, intelligent industrial supply chain [4]. - JD's digital platform provides Jingbo with efficient procurement solutions, optimizing processes and reducing costs, while JD's financial products inject liquidity into the supply chain [4]. Future Strategy - Jingbo aims to implement the "Bumblebee Nest" strategy, fostering a national-level industrial cluster for small and medium enterprises, targeting the cultivation of over a thousand competitive industrial units [5][6]. - The collaboration with JD Supply Chain Finance will deepen, providing comprehensive services across procurement, sales, and logistics, promoting high-quality and sustainable development [6].

Core Insights - The collaboration between Jingbo and JD Technology in supply chain finance exemplifies an innovative model integrating industry, finance, and digitalization, crucial for enhancing supply chain resilience and efficiency in the current volatile global economic environment [1] Group 1: Company Overview - Jingbo, established in 1991, has evolved from refining to high-performance multifunctional materials and advanced equipment manufacturing, becoming a leading player in Shandong's high-end chemical industry [1] - In 2024, Jingbo achieved global sales revenue of 103 billion, ranking 275th in the 2024 China Top 500 Enterprises, 98th in the China Private Enterprises Top 500, and 33rd in the China Petroleum and Chemical Enterprises Top 500, indicating strong growth and industry influence [1] Group 2: Collaboration Details - The partnership began in 2021, focusing on leveraging supply chain finance to enhance collaboration across various sectors, including digital transformation, market expansion, agriculture, elderly care, and logistics [2] - JD Industrial's capabilities in industrial procurement and digital services have enabled Jingbo to establish a comprehensive, intelligent industrial supply chain, optimizing procurement processes and reducing costs [4] - JD Supply Chain Finance provides financing support through products like factoring and Jin Cai PRO, injecting "financial vitality" into the supply chain and enhancing its resilience and stability [4] Group 3: Future Strategy - Jingbo is implementing the "Big Bumblebee Nest" strategy to create a national-level industrial cluster for small and medium enterprises, aiming to nurture over a thousand competitive and efficient industrial units, each targeting a tax revenue scale of millions to billions [5][6] - The collaboration with JD Supply Chain Finance will deepen, providing comprehensive services across procurement, sales, and logistics, facilitating efficient operation of the entire industrial chain and promoting high-quality, sustainable development [6]