Shenyang Jinbei Automotive (600609.SH) signed a cooperation framework agreement with Jingdong to become a major customer supplier for Jingdong's automotive business.
Jinbei Automobile (600609.SH) released an announcement that the company has entered into a cooperation agreement with Beijing Jingdong Century Information Technology Co., Ltd. (referred to as "..."
Shenyang Jinbei Automotive (600609.SH) announced that the company signed a "Cooperation Framework Agreement" with Beijing JD Century Technology Co., Ltd. (referred to as "JD") in Shenyang on November 24, 2025. Based on the company's brand and manufacturing foundation in the automotive field, combined with JD's advantages in customer flow, marketing conversion, etc., both parties uphold the principles of "compliance with laws, equality and mutual benefit, complementary advantages, cooperation and win-win, and common development," establish and improve a comprehensive cooperation mechanism, promote mutual development, and engage in all-round and multi-field cooperation with the other party and its branches and subsidiaries according to business development needs.
Through this cooperation, the company will enter JD's automotive corporate business and become a supplier for JD's automotive corporate business. The company will also set up a presence on JD's online mall to expand online automotive sales channels and facilitate consumer purchases. This cooperation is beneficial for the company to break through traditional customer acquisition bottlenecks, expand automotive sales channels, activate business growth, and align with the company's development needs and the interests of all shareholders. In addition, cooperation in areas such as logistics and supply chain between the two parties will also benefit the company's business expansion.
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