ZJK Industrial (ZJK) Registration filing summary

Company overview and business model

• Cayman Islands holding structure; substantially all operations run through PRC and Vietnam subsidiaries, with no VIE structure. Products include precision fasteners, structural parts and other precision metal components for electronics and new-energy vehicles.

• Direct sales model with customer collaboration from R&D and product design; seven North American sales representative teams, a Vietnam factory established in 2023, and plans to expand U.S. sales channels and establish a U.S. factory.

• 403 employees as of Apr. 15, 2025; 57 patents as of that date; ISO 9001, ISO 14001, IATF 16949 and ISO 45001 certifications.

Financial performance and metrics

• Precision metal-parts output was 4.40B units in FY2023 and 5.7B in FY2024.

• October 2024 IPO raised ~$6.91M gross proceeds from new shares and partial over-allotment exercise, before underwriting discounts, commissions and expenses.

• PSM-ZJK distributed $2.32M to Zhongjinke Shenzhen in 2024 and $1.86M in 2023.

Use of proceeds and capital allocation

• Net proceeds from each shelf sale will be applied as specified in the applicable prospectus supplement, incorporated information or free-writing prospectus.

• Overseas financing proceeds may flow through offshore subsidiaries to PRC entities as capital contributions or shareholder loans, subject to required PRC approvals, registrations or filings.

• Future earnings are intended for business reinvestment and expansion; cash dividends to U.S. investors are not anticipated in the foreseeable future.