Latest news with #ZKHGroupLimited
Associated Press
4 days ago
- Business
- Associated Press
ZKH Launches Taicang Smart Manufacturing Base, Setting New Standard in Industrial Product R&D and Production Integration
SHANGHAI, June 4, 2025 /PRNewswire/ -- ZKH Group Limited ('ZKH' or the 'Company') (NYSE: ZKH), a leading maintenance, repair and operations ('MRO') procurement service platform in China, today announced the official commissioning of its state-of-the-art smart manufacturing base in Taicang. This facility marks a significant milestone in the Company's strategic effort to integrate R&D and production for industrial products. Covering 30,000 square meters, the Taicang manufacturing hub is poised to substantially bolster ZKH's product R&D capabilities through a combination of proprietary and collaborative innovation. The facility will play a crucial role in expanding the Company's intellectual property portfolio, driving the growth of its private label products, which grew approximately 40% year over year and contributed over 8% of total GMV in the first quarter of 2025. A key feature of the new facility is a CNAS-accredited (China National Accreditation Service for Conformity Assessment) industrial product testing laboratory. The facility ensures rigorous quality assurance and caters to the rising demand for high-quality, reliable industrial supplies. Designed for rapid transition from research to market, the center optimizes product design, testing, and small-batch production, enabling ZKH to respond swiftly to evolving customer needs and technological advancements. Additionally, this development signifies a strategic step forward in strengthening industry ecosystems and supply chain capabilities through collaborative innovation with strategic partners. Mr. Eric Long Chen, Chairman and Chief Executive Officer of ZKH, stated, 'Our new Taicang Smart Manufacturing Base enhances ZKH's capabilities in product development and comprehensive supply chain management. By integrating R&D, testing, and production, we are transforming traditional manufacturing and collaborating closely with our partners to deliver innovative, competitive solutions. These initiatives will accelerate industrial digital transformation and contribute to regional economic vitality.' About ZKH Group Limited ZKH Group Limited (NYSE: ZKH) is a leading MRO procurement service platform in China, underpinned by robust supply chain capabilities and dedicated to serving customers globally through a product-led, agentic AI-driven approach. Through its primary online platforms, the ZKH platform and the GBB platform, along with innovative technology and extensive industry expertise, the Company provides bespoke MRO procurement solutions to a diverse and loyal customer base. These solutions encompass hyper-personalized product curation from a comprehensive selection of quality products at competitive prices. Additionally, the Company ensures timely and reliable product delivery through professional fulfillment services. By focusing on reducing procurement costs and addressing management efficiency challenges, ZKH is transforming the opaque MRO procurement process and empowering all stakeholders across the value chain. For more information, please visit: Safe Harbor Statement This press release contains forward-looking statements. These statements are made pursuant to the 'safe harbor' provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as 'may,' 'will,' 'expects,' 'anticipates,' 'aim,' 'estimates,' 'intends,' 'plans,' 'believes,' 'is/are likely to,' 'potential,' 'continue,' and similar statements. Among other things, the quotations from management in this press release and ZKH's strategic and operational plans contain forward-looking statements. ZKH may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the 'SEC'), in its annual report to shareholders, in press release and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about ZKH's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: ZKH's mission, goals and strategies; ZKH's future business development, financial condition and results of operations; the expected changes in its revenues, expenses or expenditures; the expected growth of the MRO procurement service industry in China and globally; changes in customer or product mix; ZKH's expectations regarding the prospects of its business model and the demand for and market acceptance of its products and services; ZKH's expectations regarding its relationships with customers, suppliers, and service providers on its platform; competition in the Company's industry; government policies and regulations relating to ZKH's industry; general economic and business conditions in China and globally; the outcome of any current and future legal or administrative proceedings; and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in ZKH's filings with the SEC. All information provided herein is as of the date of this announcement, and ZKH undertakes no obligation to update any forward-looking statement, except as required under applicable law. For investor and media inquiries, please contact: In China: ZKH Group Limited IR Department E-mail: [email protected] Piacente Financial Communications Hui Fan Tel: +86-10-6508-0677 E-mail: [email protected] In the United States: Piacente Financial Communications Brandi Piacente Tel: +1-212-481-2050 E-mail: [email protected] View original content: SOURCE ZKH Group Limited
Yahoo
18-05-2025
- Business
- Yahoo
Retail investors account for 26% of ZKH Group Limited's (NYSE:ZKH) ownership, while private equity firms account for 20%
ZKH Group's significant retail investors ownership suggests that the key decisions are influenced by shareholders from the larger public A total of 5 investors have a majority stake in the company with 56% ownership Insider ownership in ZKH Group is 18% Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. To get a sense of who is truly in control of ZKH Group Limited (NYSE:ZKH), it is important to understand the ownership structure of the business. We can see that retail investors own the lion's share in the company with 26% ownership. In other words, the group stands to gain the most (or lose the most) from their investment into the company. Private equity firms, on the other hand, account for 20% of the company's stockholders. Let's delve deeper into each type of owner of ZKH Group, beginning with the chart below. See our latest analysis for ZKH Group Institutional investors commonly compare their own returns to the returns of a commonly followed index. So they generally do consider buying larger companies that are included in the relevant benchmark index. As you can see, institutional investors have a fair amount of stake in ZKH Group. This suggests some credibility amongst professional investors. But we can't rely on that fact alone since institutions make bad investments sometimes, just like everyone does. If multiple institutions change their view on a stock at the same time, you could see the share price drop fast. It's therefore worth looking at ZKH Group's earnings history below. Of course, the future is what really matters. It would appear that 17% of ZKH Group shares are controlled by hedge funds. That catches my attention because hedge funds sometimes try to influence management, or bring about changes that will create near term value for shareholders. Looking at our data, we can see that the largest shareholder is the CEO Long Chen with 16% of shares outstanding. For context, the second largest shareholder holds about 13% of the shares outstanding, followed by an ownership of 10% by the third-largest shareholder. Our research also brought to light the fact that roughly 56% of the company is controlled by the top 5 shareholders suggesting that these owners wield significant influence on the business. While it makes sense to study institutional ownership data for a company, it also makes sense to study analyst sentiments to know which way the wind is blowing. Quite a few analysts cover the stock, so you could look into forecast growth quite easily. The definition of an insider can differ slightly between different countries, but members of the board of directors always count. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it. I generally consider insider ownership to be a good thing. However, on some occasions it makes it more difficult for other shareholders to hold the board accountable for decisions. It seems insiders own a significant proportion of ZKH Group Limited. Insiders have a US$86m stake in this US$485m business. We would say this shows alignment with shareholders, but it is worth noting that the company is still quite small; some insiders may have founded the business. You can click here to see if those insiders have been buying or selling. With a 26% ownership, the general public, mostly comprising of individual investors, have some degree of sway over ZKH Group. While this size of ownership may not be enough to sway a policy decision in their favour, they can still make a collective impact on company policies. Private equity firms hold a 20% stake in ZKH Group. This suggests they can be influential in key policy decisions. Some might like this, because private equity are sometimes activists who hold management accountable. But other times, private equity is selling out, having taking the company public. We can see that public companies hold 9.5% of the ZKH Group shares on issue. It's hard to say for sure but this suggests they have entwined business interests. This might be a strategic stake, so it's worth watching this space for changes in ownership. I find it very interesting to look at who exactly owns a company. But to truly gain insight, we need to consider other information, too. Many find it useful to take an in depth look at how a company has performed in the past. You can access this detailed graph of past earnings, revenue and cash flow. Ultimately the future is most important. You can access this free report on analyst forecasts for the company. NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. 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Yahoo
18-05-2025
- Business
- Yahoo
Retail investors account for 26% of ZKH Group Limited's (NYSE:ZKH) ownership, while private equity firms account for 20%
ZKH Group's significant retail investors ownership suggests that the key decisions are influenced by shareholders from the larger public A total of 5 investors have a majority stake in the company with 56% ownership Insider ownership in ZKH Group is 18% Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. To get a sense of who is truly in control of ZKH Group Limited (NYSE:ZKH), it is important to understand the ownership structure of the business. We can see that retail investors own the lion's share in the company with 26% ownership. In other words, the group stands to gain the most (or lose the most) from their investment into the company. Private equity firms, on the other hand, account for 20% of the company's stockholders. Let's delve deeper into each type of owner of ZKH Group, beginning with the chart below. See our latest analysis for ZKH Group Institutional investors commonly compare their own returns to the returns of a commonly followed index. So they generally do consider buying larger companies that are included in the relevant benchmark index. As you can see, institutional investors have a fair amount of stake in ZKH Group. This suggests some credibility amongst professional investors. But we can't rely on that fact alone since institutions make bad investments sometimes, just like everyone does. If multiple institutions change their view on a stock at the same time, you could see the share price drop fast. It's therefore worth looking at ZKH Group's earnings history below. Of course, the future is what really matters. It would appear that 17% of ZKH Group shares are controlled by hedge funds. That catches my attention because hedge funds sometimes try to influence management, or bring about changes that will create near term value for shareholders. Looking at our data, we can see that the largest shareholder is the CEO Long Chen with 16% of shares outstanding. For context, the second largest shareholder holds about 13% of the shares outstanding, followed by an ownership of 10% by the third-largest shareholder. Our research also brought to light the fact that roughly 56% of the company is controlled by the top 5 shareholders suggesting that these owners wield significant influence on the business. While it makes sense to study institutional ownership data for a company, it also makes sense to study analyst sentiments to know which way the wind is blowing. Quite a few analysts cover the stock, so you could look into forecast growth quite easily. The definition of an insider can differ slightly between different countries, but members of the board of directors always count. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it. I generally consider insider ownership to be a good thing. However, on some occasions it makes it more difficult for other shareholders to hold the board accountable for decisions. It seems insiders own a significant proportion of ZKH Group Limited. Insiders have a US$86m stake in this US$485m business. We would say this shows alignment with shareholders, but it is worth noting that the company is still quite small; some insiders may have founded the business. You can click here to see if those insiders have been buying or selling. With a 26% ownership, the general public, mostly comprising of individual investors, have some degree of sway over ZKH Group. While this size of ownership may not be enough to sway a policy decision in their favour, they can still make a collective impact on company policies. Private equity firms hold a 20% stake in ZKH Group. This suggests they can be influential in key policy decisions. Some might like this, because private equity are sometimes activists who hold management accountable. But other times, private equity is selling out, having taking the company public. We can see that public companies hold 9.5% of the ZKH Group shares on issue. It's hard to say for sure but this suggests they have entwined business interests. This might be a strategic stake, so it's worth watching this space for changes in ownership. I find it very interesting to look at who exactly owns a company. But to truly gain insight, we need to consider other information, too. Many find it useful to take an in depth look at how a company has performed in the past. You can access this detailed graph of past earnings, revenue and cash flow. Ultimately the future is most important. You can access this free report on analyst forecasts for the company. NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. 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Yahoo
04-03-2025
- Business
- Yahoo
ZKH Group Limited to Announce Fourth Quarter and Fiscal Year 2024 Financial Results on Tuesday, March 18, 2025
SHANGHAI, March 4, 2025 /PRNewswire/ -- ZKH Group Limited ("ZKH" or the "Company") (NYSE: ZKH), a leading maintenance, repair and operations ("MRO") procurement service platform in China, today announced that it will release its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2024, on Tuesday, March 18, 2025, before the open of the U.S. markets. The Company's management will hold an earnings conference call on Tuesday, March 18, 2025 at 8:00 A.M. U.S. Eastern Time (8:00 P.M. Beijing/Hong Kong Time) to discuss the financial results. Listeners may access the call by dialing the following numbers: United States (toll free): +1-888-317-6003 International: +1-412-317-6061 Mainland China (toll free): 400-120-6115 Hong Kong (toll free): 800-963-976 Hong Kong: +852-5808-1995 Access Code: 2393351 A replay of the conference call will be accessible by phone one hour after the conclusion of the live call at the following numbers, until March 25, 2025: United States: +1-877-344-7529 International: +1-412-317-0088 Replay Access Code: 5969362 A live and archived webcast of the conference call will also be available on the Company's investor relations website at About ZKH Group Limited ZKH Group Limited (NYSE: ZKH) is a leading MRO procurement service platform in China, dedicated to propelling the MRO industry's digital transformation to drive cost reduction and efficiency improvement industry-wide. Leveraging its outstanding product selection and recommendation capabilities, ZKH provides digitalized, one-stop MRO procurement solutions that enable its customers to transparently and efficiently access a wide selection of quality products at competitive prices. The Company also facilitates timely and reliable product delivery with professional fulfillment services. By catering specifically to the needs of MRO suppliers and customers through its unmatched digital infrastructure, the Company empowers all participants in the value chain to achieve more. For more information, please visit For investor and media inquiries, please contact: In China: ZKH Group LimitedIR DepartmentE-mail: IR@ Piacente Financial CommunicationsHui FanTel: +86-10-6508-0677E-mail: zkh@ In the United States: Piacente Financial CommunicationsBrandi PiacenteTel: +1-212-481-2050E-mail: zkh@ View original content: SOURCE ZKH Group Limited Sign in to access your portfolio
