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<IPO>JD INDUSTRIALS Growth Driven by Overseas Expansion/ Industrial Supply Chain Digital Transformation
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JD INDUSTRIALS (07618.HK) announced its international layout and the 'RMB1 trillion cost reduction initiative' to seek growth momentum for the next phase, according to Chinese media. Chen Esheng, head of international business, said at the event that, with Chinese manufacturing enterprises establishing factories overseas with local operations and global integrated governance, the Company has set up entities and warehouse networks in Thailand, Indonesia, Malaysia, Vietnam, Brazil, the UAE, Saudi Arabia and Hungary, etc.. Through a 'cross-border + local supply chain' dual-line model, the Company served leading manufacturing enterprises in NEV and battery recycling sectors, extending supply assurance during the construction phase to cost optimization and fulfillment visualization during the mass production period. As calculated by JD INDUSTRIALS and the Guoyan Big Data Research Institute, the total cost of China's industrial supply chain in 2024 was approx. RMB115 trillion. If digital transformation is completed, overall costs are expected to reduce by nearly 6%. AASTOCKS Financial News Website: www.aastocks.com |
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