JD.com (09618) Enters Strategic Partnership with China Information and Communication Technologies Group to Create a New Paradigm of Computing Power and Supply Chain Synergy

On October 13, JD.com (09618) and China Information and Communication Technologies Group Corporation (China Information and Communication Technologies Group) held a strategic cooperation signing ceremony at the China Information and Communication Technologies Group headquarters in Wuhan. Senior executives from both sides held in-depth discussions and exchanges around technological innovation, supply chain upgrading, and industrial collaboration, and jointly signed a strategic cooperation framework agreement, formally establishing a strategic partnership and fully opening a new chapter of multi-dimensional collaborative development across technology, industry, and supply chain. As a core central state-owned enterprise in China's information and communications field, China Information and Communication Technologies Group has a foundation in computing power hardware, communications equipment, underlying technology research and development, and large-scale manufacturing. JD.com is positioned as a technology and service enterprise based on supply chain, with extensive industrial practice and project implementation experience in digital and intelligent supply chains, one-stop industrial product procurement services, full-stack cloud and AI technical capabilities, and globally integrated supply chains. This strategic cooperation fully leverages the advantages of both sides and complements resources across eight major directions: co-building data center computing power, government and enterprise supply chain collaboration, digital and intelligent procurement, logistics warehousing and distribution and smart warehouses, accompanying services for overseas business, cloud and AI product technology, revitalization and disposal of state-owned assets, and financial services, building a comprehensive cooperation system of two-way empowerment and co-creation of value. In the field of computing power infrastructure, relying on China Information and Communication Technologies Group's industrial advantages in self-research and self-production of servers and network equipment, the two sides will jointly build a stable and reliable hardware supply system, provide cost-effective equipment and continuous delivery guarantees for JD.com's data center construction and large-scale deployment of computing power, jointly consolidate the domestic computing power foundation, and achieve co-building of computing power and collaborative cost optimization. At the same time, relying on the strong channel and fulfillment capabilities of JD.com's government and enterprise business, the two sides will open up the full chain from joint marketing and joint customer acquisition to project implementation and delivery, helping China Information and Communication Technologies Group's communications and computing power solutions reach a broader government and enterprise customer market, and jointly create a new benchmark for government and enterprise supply chain collaboration in the ICT field. In the field of digital and intelligent procurement supply chains, with the support of the digital and intelligent technology of JD.com's government and enterprise business and the guarantee of a full-chain compliance governance system, and leveraging the industrial product supply chain capabilities of JD INDUSTRIALS that integrate the digital and physical, the two sides will jointly promote the construction of an integrated procurement platform, and on the basis of ensuring supply chain security and stability, achieve cost reduction and efficiency improvement across the entire chain. In terms of global logistics collaboration, relying on JD.com's mature globally integrated warehousing and distribution network, localized fulfillment capabilities, and smart warehousing technology, the two sides will jointly build smart supply chain solutions, optimize inventory structure, and improve fulfillment efficiency. Facing the global market layout, the two sides will share overseas supply chain support capabilities, support each other's overseas business expansion with accompanying services, and collaboratively lay out in the global market. In the field of cloud and artificial intelligence innovation, the two sides will rely on JD Cloud's full-stack technical capabilities, as well as the JoyAI large model and the DeepSea big data platform, and combine them with China Information and Communication Technologies Group's accumulated technology in communications, computing power, and AI industry implementation to carry out technology and solution innovation around computing power infrastructure, AI, and data security, and extend to data middle platforms, Token services, and intelligent applications such as DIGIHUMAN, intelligent customer service, and smart marketing, promoting deep integration of cloud computing, large models, and industry scenarios, and providing government and enterprise customers with integrated services from computing power infrastructure to intelligent applications. In the state-owned asset operations segment, with the help of JD.com's asset trading platform, standardized online bidding for idle and scrapped assets will be realized, the premium level of asset disposal will be improved, and the preservation and appreciation of state-owned assets will be safeguarded; the two sides will also explore cooperation scenarios such as supply chain finance and insurance. Taking this strategic signing as a new starting point, the two sides will establish a normalized docking and coordination mechanism, accelerate the implementation of projects in various business segments, help develop new quality productive forces through pragmatic actions, and create a demonstration model of collaboration between central state-owned enterprises and new-type real economy enterprises.