SHANGHAI, Nov. 22,
2024 /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 has entered
into a comprehensive strategic partnership agreement (the
"Agreement") with Zhejiang Tmall Technology Co., Ltd. ("Tmall")
with respect to the cooperation between the Company's GBB Platform
and Tmall's industrial product platform. The Agreement will be
effective until October 31, 2026 when
it will be automatically renewed unless either party objects.
Under the Agreement, the Company and Tmall will cooperate to
explore commercialization models for the market of industrial
products, and facilitate the upgrade and expansion of both parties'
industrial product supplies. In particular, the Company will
arrange for flagship stores of leading industrial product brands to
join Tmall's industrial product platform,
and Tmall will provide tailored services to the stores
and coordinate with its various internal teams to offer
support.
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: https://ir.zkh.com.
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: IR@zkh.com
Piacente Financial Communications
Hui Fan
Tel: +86-10-6508-0677
E-mail: zkh@thepiacentegroup.com
In the United
States:
Piacente Financial Communications
Brandi Piacente
Tel: +1-212-481-2050
E-mail: zkh@thepiacentegroup.com
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SOURCE ZKH Group Limited