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ZJK Industrial Expands Market Presence, Strengthens Key Collaborations and Responds to Supply-Chain Shifts
Shenzhen, China, Feb. 25, 2025 (GLOBE NEWSWIRE) -- ZJK Industrial Co. Ltd. (NASDAQ: ZJK) (“ZJK Industrial”, “ZJK” or the “Company”), a high-tech precision
About this update from Zjk Industrial Co., Ltd.
[{"type":"text","content":"Shenzhen, China, Feb. 25, 2025 (GLOBE NEWSWIRE) -- ZJK Industrial Co. Ltd. (NASDAQ: ZJK) (“ZJK Industrial”, “ZJK” or the “Company”), a high-tech precision parts and hardware manufacturer for AI infrastructure, consumer electronics, electric vehicles, aerospace and other smart technologies, today announced updates to the Company’s growth throughout 2024 – driven by increasing sales and the expansion of key collaborations with industry leaders – ZJK’s proactive response to supply chain shifts, and outlined its plans for continued advancement in precision manufacturing for high-performance applications. ZJK Industrial primarily generates revenue from sales of precision metal parts, including fasteners supplied to some global leading AI computing companies and global leading consumer electronics companies. According to the unaudited financials for fiscal year 2024, the Company’s preliminary data suggests similar revenue growth to fiscal year 2023, which saw a more than 30% revenue increase, with sales proceeds from projects with NVIDIA more than doubling in 2024. The Company expects to release its 2024 audited financials on or before April 30th, 2025. Response to Supply-Chain Shifts: To meet the increased demand for its products, the Company continues to scale its production capacity to facilitate new opportunities and is expanding its operations in Vietnam to respond to the shift in customer supply chain requirements. Future Outlook: To distinguish itself from its competitors, ZJK continues to leverage its expertise in sub-assembly and advanced manufacturing solutions to support the rapidly evolving technological landscape, access additional high-margin market opportunities and deliver value to its shareholders. ZJK Industrial CEO, Ning Ding, commented, “ZJK's strong growth in 2024 is a testament to the surging demand for our high-precision components across AI data centers, consumer electronics, and new energy sectors. As a trusted supplier to many global leaders, we are proud to deliver reliable, cutting-edge solutions that power the next generation of technology. Our unwavering commitment to customer first orientation, providing first-class innovative solutions and expanding our existing strategic collaborations continues to strengthen our position in precision manufacturing.” About ZJK Industrial Co., Ltd. ZJK Industrial Co., L...