ZJK Industrial Co Ltd - ZJK STOCK NEWS

ZJK Industrial (NASDAQ: ZJK) hosted its year-end celebration on January 11, 2025, bringing together employees from all subsidiaries and stakeholders under the theme 'Unite for a Glorious Future.' The event included representatives from Shenzhen Zhongjinke Hardware Products, Zhongke Precision Components, PSM-ZJK Fasteners, and ZJK Vietnam Precision Components.

CEO Ding Ning highlighted the company's commitment to 'customer orientation and quality first' principles, noting that despite market challenges and competition, the company exceeded its sales targets. The celebration included award presentations to outstanding teams and individuals, along with cultural performances to foster unity among attendees.

ZJK Industrial (NASDAQ: ZJK), a manufacturer specializing in high-tech precision parts and hardware for AI infrastructure and smart technologies, has announced its participation in The Microcap Conference 2025. The event will be held from January 28-30, 2025, at the Borgata Hotel Spa & Casino in Atlantic City, NJ.

During the conference, ZJK Industrial's management team will deliver a corporate presentation and conduct one-on-one meetings with institutional and individual investors. These sessions will focus on discussing the company's recent developments, growth strategy, and investment opportunities, making it a significant event for potential investors interested in the AI infrastructure sector.

ZJK Industrial reported strong financial results for H1 FY2024, with revenue increasing 72.81% to $16.23 million. The company's gross profit surged 134.31% to $7.56 million, while net income rose 106.98% to $5.43 million. Operating income grew 149.33% to $4.91 million, with EPS increasing from $0.04 to $0.09.

The growth was driven by increased sales volume (up 44.55%) and higher average unit prices (up 21.91%). The company expanded production capacity by leasing three additional factories. Gross profit margin improved significantly from 34.34% to 46.57%. As of June 30, 2024, ZJK had $8.56 million in cash and completed its IPO in October 2024, raising $6.91 million through the offering of 1,381,249 shares at $5.00 per share.

ZJK Industrial (Nasdaq: ZJK) announced an expansion of its collaboration with NVIDIA in liquid cooling systems for AI servers. Following a meeting at NVIDIA's headquarters, ZJK received a request to produce samples for an upcoming liquid cooling manifold project. The company has formed a specialized engineering team dedicated to NVIDIA's liquid cooling systems. As one of NVIDIA's approved vendors, ZJK aims to enhance its technical capabilities and diversify its product offerings through sub-assembly and assembly manufacturing.

ZJK Industrial announced the partial exercise of its IPO over-allotment option, with underwriters purchasing an additional 131,249 ordinary shares at $5.00 per share. The total offering reached 1,381,249 shares, generating gross proceeds of approximately $6.91 million. The company began trading on Nasdaq under 'ZJK' on September 30, 2024. Proceeds will fund manufacturing facility expansion, North American sales network growth, potential acquisitions in the fasteners industry, and general corporate purposes. The offering was underwritten by Cathay Securities, Revere Securities, and Dominari Securities.

ZJK Industrial Co., (Nasdaq: ZJK) has successfully closed its initial public offering (IPO) of 1,250,000 ordinary shares at $5.00 per share, raising $6.25 million in gross proceeds. The company's shares began trading on the Nasdaq Capital Market on September 30, 2024. ZJK, a high-tech enterprise specializing in precision fasteners and metal parts for new energy vehicles and intelligent electronic equipment, plans to use the net proceeds for:

• Expanding manufacturing facilities
• Expanding sales network in North America
• Potential acquisitions in the fasteners field
• General corporate purposes and working capital

The IPO was conducted on a firm commitment basis, with Cathay Securities, Inc. as the representative underwriter, joined by Revere Securities and Dominari Securities

ZJK Industrial Co., , a high-tech enterprise specializing in precision fasteners and metal parts for new energy vehicles and intelligent electronic equipment, has announced the pricing of its initial public offering (IPO). The company is offering 1,250,000 ordinary shares at US$5.00 per share, aiming to raise US$6.25 million in gross proceeds. The shares are set to begin trading on the Nasdaq Capital Market under the ticker symbol "ZJK" on September 30, 2024.

The IPO is expected to close around October 1, 2024, with underwriters granted a 30-day option to purchase up to 187,500 additional shares. Proceeds will fund manufacturing expansion, North American sales network growth, potential acquisitions, and general corporate purposes. Cathay Securities, Inc. is leading the underwriting, with Revere Securities and Dominari Securities also participating.