SHANGHAI, June 13, 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 its board of directors has authorized a new share repurchase program under which the Company may repurchase up to US$50 million worth of its shares (including American Depositary Shares) over the next 12 months, ending on June 13, 2026.

The share repurchases may be effected from time to time on the open market at prevailing market prices, in privately negotiated transactions, in block trades and/or through other legally permissible means, depending on market conditions, and will be implemented in accordance with applicable rules and regulations. The Company expects to fund the repurchases out of its existing cash balance.

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.

SHANGHAI, May 20, 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 its unaudited financial results for the first quarter ended March 31, 2025.

First Quarter 2025 Operational and Financial Highlights 

in thousand RMB, except for number of

customers, percentage and basis points ("bps")

First Quarter

2024

2025

Change

GMV[1]

2,348,640

2,171,997

-7.5 %

GMV by Platform

    ZKH Platform

2,137,614

1,966,210

-8.0 %

    GBB Platform

211,026

205,787

-2.5 %

GMV by Business Model

    Product Sales (1P)

1,775,732

1,901,196

7.1 %

    Marketplace (3P)[2]

572,908

270,800

-52.7 %

Number of Customers[3]

46,135

60,102

30.3 %

    ZKH Platform

31,706

35,135

10.8 %

    GBB Platform

14,429

24,967

73.0 %

Net Revenues

1,860,409

1,935,372

4.0 %

Gross Profit

334,076

332,118

-0.6 %

    % of Net Revenues

18.0 %

17.2 %

-79.7bps

Operating Loss

(129,613)

(80,813)

-37.7 %

    % of Net Revenues

-7.0 %

-4.2 %

279.1bps

Non-GAAP EBITDA[4]

(70,048)

(51,959)

-25.8 %

    % of Net Revenues

-3.8 %

-2.7 %

108.0bps

Net Loss

(90,901)

(66,723)

-26.6 %

    % of Net Revenues

-4.9 %

-3.4 %

143.9bps

Non-GAAP Adjusted Net Loss[5]

(43,459)

(50,176)

15.5 %

    % of Net Revenues

-2.3 %

-2.6 %

-25.7bps

SHANGHAI, May 6, 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 first quarter of 2025, on Tuesday, May 20, 2025, before the open of the U.S. markets.

The Company's management will hold an earnings conference call on Tuesday, May 20, 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:

SHANGHAI, April 17, 2025 /PRNewswire/ -- ZKH Group Limited ("ZKH" or the "Company") (NYSE: ZKH), a leading maintenance, repair and operations ("MRO") procurement service platform in China, announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2024 with the U.S. Securities and Exchange Commission ("SEC") on April 17, 2025. The annual report in electronic format is accessible on the Company's investor relations website at https://ir.zkh.com as well as on the SEC's website at www.sec.gov.

SHANGHAI, March 18, 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 its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2024.

Fourth Quarter and Fiscal Year 2024 Operational and Financial Highlights 

in thousand RMB, except for number of customers,percentage and basis points ("bps")

Fourth Quarter

Fiscal Year

2023

2024

Change

2023

2024

Change

GMV[1]

3,207,139

2,690,311

-16.1 %

11,083,035

10,479,461

-5.4 %

GMV by Platform

    ZKH Platform

2,907,077

2,435,037

-16.2 %

10,112,872

9,475,550

-6.3 %

    GBB Platform

300,062

255,274

-14.9 %

970,163

1,003,911

3.5 %

GMV by Business Model

    Product Sales (1P)

2,321,861

2,324,005

0.1 %

8,336,846

8,530,328

2.3 %

    Marketplace (3P)[2]

885,279

366,306

-58.6 %

2,746,189

1,949,133

-29.0 %

Number of Customers[3]

42,220

46,192

9.4 %

66,562

83,958

26.1 %

    ZKH Platform

31,174

36,116

15.9 %

48,211

57,679

19.6 %

    GBB Platform

11,046

10,076

-8.8 %

18,351

26,279

43.2 %

Net Revenues

2,443,961

2,370,223

-3.0 %

8,721,175

8,761,318

0.5 %

Gross Profit

417,151

404,998

-2.9 %

1,452,434

1,510,471

4.0 %

    % of Net Revenues

17.1 %

17.1 %

1.8bps

16.7 %

17.2 %

58.6bps

Operating Loss

(6,779)

(32,589)

380.7 %

(398,724)

(338,770)

-15.0 %

    % of Net Revenues

-0.3 %

-1.4 %

-109.8bps

-4.6 %

-3.9 %

70.5bps

Non-GAAP EBITDA[4]

43,272

(13,330)

-130.8 %

(211,896)

(193,258)

-8.8 %

    % of Net Revenues

1.8 %

-0.6 %

-233.3bps

-2.4 %

-2.2 %

22.4bps

Net Profit/(Loss)

20,229

(29,102)

-243.9 %

(304,900)

(268,043)

-12.1 %

    % of Net Revenues

0.8 %

-1.2 %

-205.6bps

-3.5 %

-3.1 %

43.7bps

Non-GAAP Adjusted Net Profit/(Loss)[5]

27,538

(15,033)

-154.6 %

(287,507)

(159,527)

-44.5 %

    % of Net Revenues

1.1 %

-0.6 %

-176.1bps

-3.3 %

-1.8 %

147.6bps

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:

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.

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 its unaudited financial results for the third quarter ended September 30, 2024.

Third Quarter 2024 Operational and Financial Highlights 

in thousand RMB, except for number of customers, percentage and basis points ("bps")

Third Quarter

2023

2024

Change

GMV[1]

2,894,140

2,685,996

-7.2 %

GMV by Platform

    ZKH Platform

2,619,417

2,422,649

-7.5 %

    GBB Platform

274,723

263,347

-4.1 %

GMV by Business Model

    Product Sales (1P)

2,180,729

2,228,234

2.2 %

    Marketplace (3P)[2]

713,411

457,762

-35.8 %

Number of Customers[3]

40,963

47,876

16.9 %

    ZKH Platform

30,096

36,132

20.1 %

    GBB Platform

10,867

11,744

8.1 %

Net Revenues

2,265,001

2,280,690

0.7 %

Gross Profit

369,414

388,406

5.1 %

    % of Net Revenues

16.3 %

17.0 %

72.1bps

Operating Loss

(121,434)

(105,355)

-13.2 %

    % of Net Revenues

-5.4 %

-4.6 %

74.2bps

Non-GAAP EBITDA[4]

(76,092)

(62,812)

-17.5 %

    % of Net Revenues

-3.4 %

-2.8 %

60.5bps

Net Loss

(97,686)

(81,751)

-16.3 %

    % of Net Revenues

-4.3 %

-3.6 %

72.8bps

Non-GAAP Adjusted Net Loss[5]

(98,674)

(66,178)

-32.9 %

    % of Net Revenues

-4.4 %

-2.9 %

145.5bps

SHANGHAI, Nov. 8, 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 will release its unaudited financial results for the third quarter of 2024, on Friday, November 22, 2024, before the open of the U.S. markets.

The Company's management will hold an earnings conference call on Friday, November 22, 2024 at 7:00 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: