截至2025年6月30日前的十二个月内，公司服务约11,100个重点企业客户。2025 年上半年，公司的重点 企业客户包括约60%的中国《财富》500强企业及逾40%的在华全球《财富》500强企业。根据灼识谘询 的数据显示，截至2024年12月31日，按SKU数量计，公司在中国提供最广泛的工业品供应。截至2025年 6月30日，公司已提供约8,110万个SKU，涵盖80个产品类别。截至2025年6月30日前的十二个月内，公 司的商品供应源自於由约158,000家制造商、分销商及代理商组成的广泛的且覆盖全国的工业品供应网 络。 格隆汇9月28日丨据港交所9月28日披露，京东工业股份有限公司(以下简称"京东工业"或"公司")向港交 所提交上市申请书，美银证券、高盛、海通国际、瑞银为联席保荐人。 公司于2017年开始布局专注于MRO采购服务的供应链技术与服务业务。经过多年发展，公司已成为中 国MRO采购服务市场的最大参与者，根据灼识谘询的资料显示，按2024年的交易额计，公司排名第 一，规模为第二名的近三倍。根据同一资料显示，随着公司向更广阔的工业供应链市场扩展，按2024年 的交易额计，公司亦为中国工业供应链技术 ...

热闹的港股市场，又要迎来一位超级大佬。 作者：王思琪 以下文章来源于投资家 ，作者王思琪 投资家 . 投资家是投资家网旗下专注创投、商业、科技领域的内容平台。多次获得百度、头条、新浪、网易、搜 狐、东财、同花顺、澎湃等颁发的荣誉奖项。投资家网是国内知名资本与产业创新综合服务平台。 来源： 投资家 2025 年，给员工发福利、直播营销创新、大战外卖、跨界酒旅、加强人工智能生态建设、达 沃斯论坛闪亮登场的京东创始人刘强东，资本版图再下一城。根据证监会网站最新信息显示， 京东分拆子公司京东工业的境外发行上市近日已获备案，计划港交所 IPO 。如若顺利，"京东 系"将收获继京东、京东物流、京东健康、达达集团、德邦股份之后的第六个 IPO 。 作为京东分拆着重布局工业供应链技术的核心资产，京东工业主要承担着刘强东的"工业制造 梦想"，也是京东连接中国制造业的强力纽带。 2024 年，京东工业服务超 9900 家企业客 户，以 4.1% 的市占率跃升中国最大 MRO （实际的生产过程不直接构成产品）采购服务商。 京东工业身后站着红杉中国、纪源资本等一批极具慧眼的 VC/PE 投资机构。 IPO 前，京东 工业估值约 67 ...

（来源：中华工商时报） 转自：中华工商时报 日前，证监会官网最新发布的备案通知书显示，确认其通过境内运营实体北京京东数智工业科技有限公 司提交的备案材料已收悉。京东工业股份有限公司拟发行不超过2.53亿股境外上市普通股，计划在港交 所挂牌上市。 据悉，继京东集团、京东物流、京东健康、达达集团、德邦物流登陆资本市场后，这是京东集团旗下第 6家上市公司。 招股书显示，京东工业是京东集团旗下面向B端的一家轻资产公司，主要为工业领域客户提供技术服 务。自2017年起，京东工业布局专注于MRO采购服务的供应链技术与服务业务。经过多年发展，京东 工业已成为中国MRO采购服务市场的最大参与者。 截至2024年12月31日，京东工业已提供约5710万个SKU，涵盖77个产品类别。在2024年，京东工业的商 品供应来源于由约121700家制造商、分销商及代理商组成的广泛且覆盖全国的工业品供应网络。 此次IPO筹集的资金将用于增强公司的工业供应链能力，拓展跨地域业务，还将用于进行潜在的战略投 资或收购，以及满足一般公司用途和营运资金需求。 而京东健康、京东物流在2020年12月和2021年5月实现港交所上市，两次分拆均采用了搭建 ...

Group 1 - The core point of the article is that JD Industrial has received approval from the China Securities Regulatory Commission for its overseas issuance and listing, allowing it to issue up to 253.31 million shares on the Hong Kong Stock Exchange [1] - JD Industrial submitted its prospectus to the Hong Kong Stock Exchange three times, with the first submission on March 30, 2023, and the latest on March 30, 2025, taking approximately two years to obtain the approval [1] - JD Industrial is recognized as a leading provider of industrial supply chain technology and services in China, focusing on MRO procurement services, and has achieved significant market leadership [1] Group 2 - According to data from ZhiShi Consulting, JD Industrial ranked first in China's MRO procurement services market by transaction volume in 2024, with a scale nearly three times that of the second-largest competitor [1] - In 2024, JD Industrial became the largest service provider in China's industrial supply chain technology and services market, capturing a market share of 4.1% [1]

Core Insights - Zhenkunhang (ZKH.US), a leading MRO procurement service platform in China, reported a robust financial performance for Q2 2025, achieving revenue of 2.42 billion RMB, with core business showing steady growth after excluding the impact of optimized related business bases [1] - The overall gross margin under GMV criteria increased from 13.9% in Q2 last year to 14.8% in Q2 this year, marking six consecutive quarters of year-on-year growth [1] - The net loss significantly narrowed from 66 million RMB in Q2 last year to 53 million RMB in Q2 this year, representing a year-on-year reduction of approximately 20%, and notably, the company achieved monthly breakeven again in June following March [1]

Group 1: 正力新能 (Zhengli New Energy) - Zhengli New Energy commenced its IPO process on April 3, 2025, with plans to list on the Hong Kong Stock Exchange under the stock code "3677" [3] - The company aims to issue 121,523,700 H-shares, with 12,152,400 shares available for public offering in Hong Kong and 109,371,300 shares for international placement [3] - The IPO has attracted three cornerstone investors, with a total subscription amount of $79.9 million (approximately HKD 621 million) [3] - The estimated market capitalization at an issue price of HKD 8.27 per share is HKD 20.745 billion [4] - Founded in 2019, Zhengli New Energy focuses on power battery and energy storage battery products, providing integrated solutions including cells, modules, battery packs, and management systems [4] - The company ranks ninth in China's power battery market and has a significant presence among major automotive clients, achieving over 50% penetration in key models [4][5] Group 2: 谷雨生物科技 (Guyu Biotechnology) - Guyu Biotechnology signed a counseling agreement with CITIC Securities on March 27, 2025, to initiate its A-share IPO process [6] - Established in 2010, Guyu specializes in scientific whitening products tailored for Chinese skin types, emphasizing the use of Eastern plant extracts [6] - The company has developed a full industry chain from raw materials to production, with a unique cultivation base for light licorice [6] - Sales figures for Guyu have shown significant growth, with revenues surpassing CNY 10 billion in 2021, CNY 22 billion in 2022, and CNY 35 billion in 2023, projecting over CNY 50 billion in GMV for 2024 [7] Group 3: 东鹏饮料 (Dongpeng Beverage) - Dongpeng Beverage submitted its IPO prospectus to the Hong Kong Stock Exchange on April 3, 2025, planning a dual listing [8] - The company is recognized as the leading functional beverage enterprise in China, with a market share increase from 15.0% in 2021 to 26.3% in 2024 [8] - Dongpeng's product range includes energy drinks, sports drinks, and tea beverages, with its flagship product "Dongpeng Special Drink" achieving over CNY 13.3 billion in revenue for 2024 [9] - Financial performance shows revenues of CNY 85 billion in 2022, CNY 112.57 billion in 2023, and CNY 158.3 billion in 2024, with a compound annual growth rate of 36.5% [10] Group 4: 云知声 (Yunzhisheng) - Yunzhisheng updated its IPO prospectus on March 30, 2025, continuing its listing process on the Hong Kong Stock Exchange [12] - Founded in 2012, the company is a pioneer in AGI technology and has developed a large language model, UniCore, as part of its AI solutions [12][13] - Yunzhisheng ranks as the fourth largest AI solution provider in China by revenue, with a projected revenue of CNY 9.39 billion for 2024 [14] - Financial data indicates revenues of CNY 6.01 billion in 2022, CNY 7.27 billion in 2023, and CNY 9.39 billion in 2024, with a compound annual growth rate of 25.0% [15] Group 5: 京东工业 (JD Industrial) - JD Industrial updated its IPO prospectus on March 30, 2025, as it progresses towards listing on the Hong Kong Stock Exchange [16] - The company is the largest participant in China's MRO procurement service market, with a transaction volume growth from approximately CNY 22.3 billion in 2022 to CNY 28.8 billion in 2024 [16][17] - Financial performance shows total revenue from continuing operations of CNY 141 billion in 2022, CNY 173 billion in 2023, and CNY 204 billion in 2024, with a compound annual growth rate of 20.1% [17][18] - JD Industrial achieved profitability in 2023 with a net profit of CNY 4.8 million, and projected net profit of CNY 760 million for 2024 [18][20]

据 IPO早知道消息，江苏正力新能电池技术股份有限公司（以下简称"正力新能"） 于 4月3日开启 招股、至 4月9日结束，并计划于2025年4月14日正式以"3677"为股票代码在港交所主板挂牌上 市。 正力新能计划在本次 IPO中发行121,523,700股H股，其中香港公开发售12,152,400股H股，国际 发售109,371,300股H股。 在本次 IPO发行中，正力新能共引入三名基石投资者，累计认购规模7990万美元（约6.21亿港元） ——其中，江苏国企混改基金和苏州高端装备基金分别认购1350万美元和2760万美元，现有股东东 南投控认购3880万美元。 以每股 8.27港元的发行价计算，正力新能的IPO市值将为207.45亿港元。 一周IPO动态，覆盖港股、美股、A股。 本文为IPO早知道原创 作者｜C叔 微信公众号｜ipozaozhidao 正力新能 港股｜开启招股 成立于 2019年的正力新能专注于动力电池产品和储能电池产品，可提供电芯、模组、电池包、电池 簇、电池管理系统的一体化方案，致力于拓展电化学产品的 大规模应用。目前，正力新能已开发多 款三元、磷酸铁锂电池产品，在中期来看，不断优 ...

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 ...