JD INDUSTRIALS (07618) Signs Strategic Cooperation with Saudi Post Logistics to Strengthen B2B Collaboration and Support the Development of Saudi Arabia's Industrial Supply Chain

On November 8, JD INDUSTRIALS (07618) and Saudi Post Logistics (SPL) formally signed the Strategic Cooperation Framework Agreement in Riyadh, Saudi Arabia. The two parties will cooperate to build a B2B digital and intelligent supply chain service platform, promote the development of Saudi Arabia's industrial sector under Vision 2030, achieve more efficient industrial procurement, and establish a stronger and more resilient supply chain system. The supply chain service platform under the cooperation will go beyond traditional transactional procurement, fully combining the massive customer resources and logistics capabilities that SPL has accumulated through deep cultivation of the local Saudi market with JD INDUSTRIALS' comprehensive supplier network, massive high-quality industrial products (including maintenance, repair and operations, and production bill of materials), cross-border supply chain services, and AI-driven digital and intelligent solution capabilities, to link upstream and downstream of the industrial sector more precisely and smoothly, and help Saudi factories and enterprises enjoy more efficient and high-quality industrial supply chain services. Through the introduction of digital and intelligent capabilities, this cooperation will help Saudi industrial enterprises simplify procurement processes, improve procurement sourcing transparency, and raise local inventory levels, creating value in cost reduction, efficiency improvement, compliance, and supply assurance, while also promoting local supply chain infrastructure development and supporting the long-term development of advanced manufacturing and industrial self-reliance. This cooperation reflects JD's long-term commitment to Saudi Arabia, supporting local and international enterprises in serving Saudi customers through the comprehensive implementation of businesses including logistics, property development, and industrials. Building an integrated end-to-end industrial supply chain requires sustained efforts and long-term strategic investment. The strategic cooperation between the two parties will become an important step in strengthening Saudi Arabia's industrial competitiveness and enhancing supply chain resilience and sustainability. In response to the core challenges of enterprise supply chain management, JD INDUSTRIALS provides end-to-end industrial supply chain services to large overseas enterprises, multinational international companies, and Chinese enterprises expanding overseas. At present, JD INDUSTRIALS has established deep presence in countries including Saudi Arabia, Thailand, Indonesia, Malaysia, Vietnam, Hungary, Germany, Brazil, and the UAE, building complete supply chain infrastructure and providing services to approximately 100 enterprises, covering numerous fields such as automobile manufacturing, electronics, electrical equipment, new energy, and auto parts. Saudi Post Logistics (SPL), founded in 1926, is a core enterprise in Saudi Arabia's postal and logistics sector. SPL provides comprehensive postal and logistics services as well as innovative digital logistics solutions. Through its nationwide network, professional operations, and technical capabilities, it enhances service quality, improves supply chain efficiency, and strengthens logistics integration, supporting Saudi Arabia's goal of building a global logistics hub.