JD Logistics, Inc. (Stock Code: 2618) reported revenue of RMB55.08 billion for the three months ended September 30, 2025, representing a 24.1% year-over-year increase. The company’s net profit reached RMB1.96 billion, compared to RMB2.44 billion for the same period in 2024, while non-IFRS profit stood at RMB2.02 billion. Non-IFRS EBITDA was RMB5.32 billion, with a margin of 9.7%.

Integrated supply chain customers contributed RMB30.13 billion of revenue, surging 45.8% year-over-year. Revenue from external integrated supply chain customers grew to RMB8.9 billion, rising 13.5%, supported by steady growth in the number of customers and average revenue per customer across multiple industries. The cooperation with a home appliance brand expanded upstream to factory-to-warehouse processes, reducing transit steps and leveraging digitalization for real-time in-transit updates.

Overseas business saw continued development as JD Logistics replicated its warehousing and integrated supply chain capabilities in international markets. For instance, the company provided integrated logistics solutions for a well-known new energy vehicle brand’s spare parts warehouse in Dubai, helping shorten parts delivery cycles across the Middle East and North Africa. The launch of a Shenzhen–Singapore cargo route further bolstered the company’s Asia-Pacific network.

As of September 30, 2025, JD Logistics operated over 1,600 self-operated warehouses and utilized over 2,000 third-party owner-operated cloud warehouses, with aggregate gross floor area exceeding 34 million square meters. Recently, JD Logistics acquired local on-demand delivery services from JD Group for approximately US$270 million, aiming to strengthen last-mile delivery capabilities. In the twelve months ended September 30, 2025, the total expenditure for human resources reached RMB103.9 billion.

The board of directors expressed gratitude to all employees, customers, business partners, shareholders, and stakeholders for their continued support.