New Stock News | Jizhi Jia sprints to the Hong Kong Stock Exchange to provide solutions for the world's largest warehouse fulfillment AMR provider.

According to the disclosure by the Hong Kong Stock Exchange on December 16, Beijing Jizhijia Technology Co., Ltd. (Jizhijia) has submitted an application for listing on the main board of the Hong Kong Stock Exchange, with Morgan Stanley and CICC as joint sponsors. According to the prospectus, Jizhijia is a leading player in the global AMR market. The company provides a range of AMR solutions aimed at empowering warehousing fulfillment and industrial handling scenarios, significantly improving supply chain efficiency while reducing reliance on manual labor. According to data from Zhoushi Consulting, based on revenue calculations for 2023, Jizhijia has become the world's largest provider of warehousing fulfillment AMR solutions, maintaining this leading position for five consecutive years. The company has the broadest industry coverage in the global AMR market and is also the world's largest provider of AMR solutions in the e-commerce, fast-moving consumer goods, and third-party logistics sectors. Jizhijia's technological innovation, commitment to product quality, and long-term reliable service have been widely recognized and accepted by approximately 770 end customers worldwide. As of June 30, 2024, Jizhijia has delivered around 46,000 AMRs to approximately 40 countries and regions worldwide. Jizhijia's expansive footprint is supported by local sales, solution, project management, and service teams, as well as a network of local distribution and service partners. As of June 30, 2024, Jizhijia has over 40 service sites and partner sites globally, 12 spare parts centers, and over 290 engineers. Financially, for the fiscal years 2021, 2022, 2023, and the six months ending on June 30, 2024, Jizhijia's revenues were approximately RMB 790 million, 1.452 billion, 2.143 billion, and 782 million, respectively; during the same periods, the company achieved gross profits of approximately 80.245 million, 257 million, 659 million, and 252 million, respectively.