ZKH Group Ltd (Ticker: ZKH US) is a maintenance, repair, and operations (MRO) procurement service firm based in China. The company's primary business includes a digital procurement network supported by distribution centers, warehouses, and smart vending machines, supplying industrial customers with spare parts, chemicals, manufacturing parts, general consumables, and office supplies. According to the firm, ZKH Group Ltd has a substantial customer base with a high retention rate and operates an efficient, nationwide fulfillment network in China.

ZKH Group Ltd is scheduled to list on the New York Stock Exchange on December 15, 2023. The entity that is registered in the Cayman Islands (i.e. not the underlying business in China) plans to offer 4.00 million American Depositary Shares (ADS) in its IPO, with each ADS representing 35 Class A ordinary shares. The expected price range for the offering is USD 15.50 to 17.50 per ADS, aiming to raise approximately USD 70.00 million. The company has appointed Deutsche Bank, China Renaissance Securities HK Ltd, and CICC as the managers of the offering.