Welcome to our dedicated page for ZKH Group SEC filings (Ticker: ZKH), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
ZKH Group Limited filings document its foreign private issuer disclosures for a China-based MRO procurement platform. The company’s Form 6-K reports furnish current information such as quarterly and annual financial results, platform GMV by the ZKH and GBB platforms, product sales and marketplace activity, customer metrics, revenue, margins and operating performance.
The filing record also covers governance and management changes, annual Form 20-F reporting, incorporation by reference into a Form S-8 registration statement and the company’s status as an NYSE-listed American depositary share issuer. These disclosures connect ZKH’s procurement platform, fulfillment infrastructure, capital-market reporting and board-level governance to its public-company record.
ZKH Group Limited announced a chief financial officer transition. Mr. Chiu Chun Lai resigned as CFO for personal reasons, effective July 20, 2026, and his resignation is stated not to result from any disagreement regarding the company’s operations.
The board appointed Mr. Qian Wang as the new CFO, effective the same date. He brings more than 13 years of combined corporate finance and investment banking experience, with prior roles at CC Dental Group, J.P. Morgan, Morgan Stanley, BOC International and The Royal Bank of Scotland.
ZKH Group Limited has extended its existing share repurchase program for its American Depositary Shares through June 13, 2027. The program, originally approved in June 2025, authorizes the company to repurchase up to US$50 million of ADSs.
As of this announcement, ZKH has already repurchased approximately 2.1 million ADSs under the program. Repurchases may be made on the open market, through privately negotiated or block trades, and other lawful methods, and are expected to be funded from the company’s existing cash balance.
ZKH Group Limited reported continued growth and sharp loss reduction for the first quarter of 2026. GMV reached RMB2,452.8 million, up 12.9% year over year, while net revenues rose 9.2% to RMB2,113.8 million.
Gross profit increased 6.6% to RMB354.0 million, with gross margin at 16.7%. Operating expenses fell 8.8% to RMB376.5 million, cutting the operating loss to RMB22.5 million from RMB80.8 million. Net loss narrowed to RMB10.1 million from RMB66.7 million.
Non-GAAP metrics turned positive: non-GAAP EBITDA was RMB4.2 million versus a loss of RMB52.0 million, and non-GAAP adjusted net profit was RMB1.7 million versus a RMB50.2 million loss. The company held RMB1.84 billion in cash, restricted cash and short-term investments and had repurchased about 1.48 million ADSs for approximately US$4.76 million under its buyback program.
ZKH Group Limited is a Cayman Islands holding company whose operations run mainly through subsidiaries in mainland China. Investors in the ADSs hold equity in the offshore holding company, not directly in the Chinese operating entities.
As of December 31, 2025, ZKH had 5,563,528,444 ordinary shares outstanding, including 4,528,133,584 Class A and 1,035,394,860 Class B shares. Net revenues grew from RMB8,721.2 million in 2023 to RMB8,987.7 million (US$1,285.2 million) in 2025, while net loss narrowed to RMB139.7 million (US$20.0 million). Operating cash flow shifted from a RMB567.9 million outflow in 2023 to a RMB13.7 million (US$2.0 million) outflow in 2025, after a positive year in 2024.
The company highlights significant legal and operational risks from operating in China, including foreign ownership rules, data, cybersecurity and personal information laws, evolving CSRC and cybersecurity review requirements for overseas listings, and potential HFCAA-related trading prohibitions if PCAOB access is curtailed. It notes completed cybersecurity and CSRC filings for its U.S. IPO but warns future offerings could face additional PRC approvals. ZKH also explains PRC dividend and currency controls, statutory reserve requirements, and intra‑group cash flows, which can limit the ability to move cash offshore and pay dividends.
ZKH Group Ltd director Yang Changxiang has filed an initial ownership report detailing existing equity awards and share holdings. The filing lists share options over 700,000 ordinary shares at an exercise price of $0.2609 expiring on November 30, 2033, and additional options over 2,542,735 ordinary shares with a near-zero exercise price expiring on May 30, 2030. It also shows restricted share units covering 693,000 and 1,312,500 ordinary shares, which vest over multi‑year schedules tied to continued service and performance. Yang directly holds 1,102,500 ordinary shares and has indirect ownership of 4,158,540 Class B ordinary shares held through Roger Yang Limited, an entity he ultimately owns.
ZKH Group Ltd director Liu Yang David filed an initial ownership report showing existing equity interests in the company. He holds options over 4,000,000 and 700,000 ordinary shares at an exercise price of $0.2609 per share, plus 1,207,500 ordinary shares directly.
He also holds restricted share units tied to ordinary shares, including 682,500 RSUs vesting over four years from January 18, 2025 and 525,000 RSUs vesting over four years from January 18, 2026, along with additional RSUs that vest over multi-year and performance-based schedules. This Form 3 records holdings but does not show new market transactions.
ZKH Group Ltd director Xu He has filed an initial ownership report showing holdings of share options over the company’s ordinary shares. The filing lists two option awards that together cover a substantial number of underlying shares.
One option relates to 441,774 ordinary shares, expiring on January 17, 2034. Another covers 1,458,345 ordinary shares, expiring on January 17, 2036. Footnotes state the exercise price is $0.0000001 per share and that each grant vests in two equal installments on December 15, 2024 and December 15, 2025, and on December 15, 2026 and December 15, 2027, respectively.
ZKH Group Ltd vice president Liu Shuang Ariel filed an initial ownership report showing direct holdings of 2,000,250 Ordinary Shares and restricted share units (RSUs) covering 1,200,150 and 800,100 underlying Ordinary Shares.
The RSUs have multi‑year vesting schedules beginning on January 18, 2025. One grant vests over four years with 50% after two years and the remainder in annual installments, while other grants vest after three years, subject to performance results and continued service.
ZKH Group Ltd director Eric Long Chen reported his existing equity interests in the company. He holds share options over 35,000,000 ordinary shares at a nominal exercise price of $0.0000001 per share, vesting over multiple years and expiring on November 30, 2033.
Chen also holds restricted share units, each representing one ordinary share, that vest over a multi‑year schedule starting on January 18, 2026, subject to continued service and performance conditions. He directly owns 1,121,050 ordinary shares, and a large block of 890,677,378 Class B ordinary shares is held of record by Phoenix ZKH Limited, an entity associated with him, for which he may be deemed a beneficial owner but disclaims ownership beyond his economic interest.
ZKH Group Ltd reported the initial holdings of its Chief Financial Officer, Lai Chun Chiu. The filing shows two share option positions, each giving the right to buy ordinary shares at an exercise price of 0.1015 per share.
One option covers 34,160,697 underlying ordinary shares and expires on January 31, 2032, vesting over four years starting February 1, 2022 with 25% vesting each year. The second option covers 1,056,516 underlying ordinary shares, expires on January 17, 2033, and also vests over four years starting July 17, 2023 with 25% vesting annually.