ismagilov
ZKH Group (ZKH), which operates an industrial supplies procurement platform in China, has applied to raise $200 million through a US initial public offering.
The Shanghai-based company did not specify in your presentation How many shares were you looking for? offer or price, but indicated in your filing fee schedule he was looking for around $200 million.
ZKH expects to list its shares on the NYSE under the symbol ZKH. Goldman Sachs and China Renaissance serve as lead brokers.
Incorporated in the Cayman Islands, ZKH operates in China through subsidiaries. The company posted a net loss of $106 million in 2022 on net income of $1.2 billion.
The deal is the largest proposed by a Chinese company since LiDAR developer Hesai’s (HSAI) IPO in early February, which raised $190 million.
