$京东工业(07618)$ JD Industrials (7618.HK) — often called “China’s No.1 industrial supply chain platform” — is finally coming to market. Here are the key takeaways from the latest IPO review: 🔹 Huge Market Opportunity China’s industrial supply chain market is heading toward RMB 1.1 trillion by 2029, with low digital penetration. 🔹 Strong Platform Fundamentals Over 81 million SKUs, 11,000+ enterprise clients, and the largest share in China’s MRO/B2B industrial segment. 🔹 Solid Growth Trend 1H25 revenue +19%, improving gross margin (18.6%), and rising adjusted profit. 🔹 JD Ecosystem Advantage Integrated logistics + supply chain + fulfillment give JD Industrials a real moat. But there are risks: ⚠ Gross margin still lower vs global peers ⚠ Heavy reli
京东工业拟全球发售2.11亿股股份，预计12月11日香港上市
京东工业计划全球发售约2.11亿股股份，发售价不超过15.50港元，预计2025年12月11日在香港联交所上市。公司业务收入和净利润均有增长。