ZKH Group Limited (ZKH)

ZKH Group Limited is a Shanghai-based company that operates a digital procurement platform for maintenance, repair and operations supplies in China. Its American depositary shares, each representing 35 Class A ordinary shares, trade on the New York Stock Exchange.

The company sells a broad range of industrial products, including tools, fasteners, safety equipment, electrical supplies, chemicals and other operating consumables, primarily to manufacturing and industrial businesses. It operates both a self-operated model, in which it buys and resells inventory, and a marketplace model connecting customers with third-party suppliers.

ZKH supports its platform with warehousing, logistics and procurement software that helps corporate customers streamline purchasing of the many low-value, high-frequency items they need. The company listed in the United States through an initial public offering in 2023.