Stock Code: JD; stock code of Hong Kong Stock Exchange: 9618) released the financial performance of the second quarter and the first half of 2020. Benefited from the strong growth of brands, merchants, industrial belts and other partners on Jingdong platform, the performance of Jingdong group showed an accelerated growth trend. < p > < p > as of June 30, 2020, the number of active purchasing users of JD in the past 12 months has reached 4174.4 million, with an increase of 30 million in a single quarter, and the growth rate of 29.9% over the same period of last year has also reached a new high in recent 11 quarters. In June 2020, the average daily number of active users of Jingdong mobile terminal increased by 40% compared with the same period last year. During the epidemic period in the first half of the year, Jingdong Group actively played the role of employment “stabilizer” and cooperated with investment enterprises to take flexible and diversified employment forms to promote employment. As of June 30, 2020, the number of employees in the listed and non listed companies of Jingdong group has exceeded 280000 (including about 240000 employees except part-time employees and interns) of the listed companies, which indirectly drives the employment number of more than 18 million nationwide. < p > < p > in the second quarter of 2020, it will achieve a net income of 2011 billion yuan (about 28.5 billion US dollars), with a year-on-year growth of 33.8%. This growth rate also set a new record of China’s retail and Internet industry’s single quarter revenue of more than 200 billion yuan for the first time. < / P > < p > in the second quarter, under the continuous technology investment, the operation efficiency of Jingdong group was further improved. Inventory turnover days dropped to 34.8 days, a new low in the past five years, and continued to lead the whole industry to improve supply chain efficiency. < / P > < p > “since the outbreak of Xinguan epidemic, Jingdong has firmly exerted its unique advantages in the supply chain and technology, providing our consumers with stable daily necessities supply and uninterrupted logistics services. In the face of the changing economic environment, JD has been constantly digging into its own ecosystem, creating employment opportunities to give back to the society, and working with business partners to tide over difficulties and grow together. ” Mr. Liu qiangdong, chairman and chief executive officer of Jingdong group, said, “I am very grateful to Jingdong employees and business partners. With the joint efforts of everyone, Jingdong group achieved steady performance in the second quarter and realized the accelerated growth of revenue. Rich product supply and high-quality service experience continue to attract a large number of new users for the platform. ” < / P > < p > in the second quarter, with the alleviation of the epidemic situation, consumer confidence needs to be boosted. Under this background, Jingdong 618, with the largest discount, the best shopping experience, the strongest growth of brand and platform merchants, and the largest number of new product releases in history, has helped China’s economy move forward steadily. < / P > < p > during the period of Jingdong 618, Jingdong’s home position advantage was fully displayed. 187 brands successively placed orders on Jingdong platform, and the turnover of third-party businesses increased by 2.2 times compared with 618 last year. With the strong growth of brand merchants, merchants and other partners, the accumulated order amount of Jingdong platform exceeded 269.2 billion yuan, and the consumption potential of silence for half a year was pointed out Burn. < p > < p > according to the National Bureau of statistics, from March to June, the year-on-year growth rate of China’s social consumer goods retail sales rebounded rapidly, while Jingdong became the largest increment field of domestic and foreign brands. As of June 30, 2020, 1137 brands placed orders on Jingdong platform with the amount of more than 100 million yuan, and 11 brands such as Midea, Xiaomi, Haier, Lenovo, Gree, vivo, HP and so on had placed orders worth more than 10 billion yuan. Among the more than 100 million yuan households, Chinese brands accounted for 80%, and nearly 30% of them achieved a year-on-year increase in the amount of orders. Affected by the global epidemic situation, domestic export-oriented enterprises actively seek domestic sales outlets in the first half of this year. In April, Jingxi launched the industrial belt factory direct superior product plan to build an efficient line month for a large number of factory, agricultural and foreign trade businesses. Jingxi once again increased its assistance to foreign trade businesses, investing 2 billion resources to help 100000 foreign trade enterprises build domestic sales channels and accurately meet domestic consumption demand. At the same time, Jingxi plans to lay out 100 factory type and 100 agricultural industry belt demonstration bases this year. During the epidemic period, in order to help agricultural products, especially those in poor areas, Jingdong launched the “mobile vegetable basket” community program in nearly 100 cities in China to provide users with fresh agricultural products, which not only effectively promoted the upward movement of agricultural products, but also made every effort to ensure the supply of people’s livelihood. In the first half of the year, the turnover of agricultural products on Jingdong platform increased by more than 140% year-on-year. At present, the agricultural products sold by Jingdong fresh products cover 95% of China’s production areas. < p > < p > in the first half of the year, relying on the Internet of things, big data, artificial intelligence and other technologies, JD continuously upgraded the core infrastructure capabilities such as “intelligent supply chain and intelligent logistics”, and accelerated the promotion of domestic and international dual circulation. As of June 30, 2020, JD logistics has operated more than 750 warehouses, including the cloud warehouse area managed by JD logistics, with a total storage area of about 18 million square meters. In the second quarter, Jingdong Logistics officially opened its “Asia No.1” intelligent logistics center located in Langfang Economic Development Zone. At present, 28 “Asia No.1” and more than 70 unmanned warehouses with different levels have formed the largest intelligent warehouse group in Asia. At the same time, on the basis of the “24-hour delivery of thousands of counties and towns”, Jingdong Logistics has made every effort to achieve the goal of “all village express delivery” within three years. It is an effective way to accelerate the domestic and international dual cycle by creating new supply to stimulate new demand. In the second quarter of this year, Jingdong will reverse customize its mature business model and development capability, expand from computer digital to more new categories such as electric vehicles and food, so as to fully meet the differentiated needs of consumers; in June, Jingdong retail launched the skin measurement function based on AI technology, and users can obtain skin analysis and personalized skin care and beauty products purchase by uploading photos through mobile phones Guidelines. < / P > < p > with live broadcasting becoming a more popular tool for interaction between businesses and consumers, during the period of Jingdong 618 this year, tens of thousands of businesses on Jingdong platform took live broadcast as the standard configuration throughout the whole process of 618. In a three hour live broadcast, Ms. Dong Mingzhu, chairman of Gree Electric Appliance Co., Ltd., explained the trend of home appliances to consumers and recommended products, which set a record for the highest transaction of live delivery with goods in the home appliance industry. After the outbreak of the epidemic, various localities have introduced consumption stimulus measures. Based on the accumulation of online and offline consumption scenarios over the years, and the considerable advantages in user group analysis, coupon issuance and risk control technology, JD has successively provided solid technical support for the issuance of consumer vouchers in Beijing, Shanghai, Shenzhen and other places. < p > < p > stabilizing employment and increasing income are the basis of stimulating domestic demand. In the second quarter, JD group added 20000 new jobs in a single quarter, becoming a veritable employment “stabilizer” in China’s Internet and retail industry. < p > < p > in the second quarter, Jingdong joined the nationwide “digital platform economy to promote employment and help poverty alleviation”, opened up tens of thousands of logistics and operation related jobs to poor areas, and provided effective assistance to poverty-stricken areas in the form of poverty alleviation employment, home-based employment, entrepreneurship promotion, and love for agriculture. On June 18, JD group successfully listed on the main board of the stock exchange of Hong Kong. The listing raised about HK $34.558 billion, which will be used to invest in key technology innovation based on supply chain, so as to further improve customer experience and operational efficiency. In fact, technology has always been the cornerstone of Jingdong’s development. In the first half of this year, Jingdong Group invested 7.54 billion yuan in technology research and development, becoming one of the most invested companies in technology among Chinese enterprises for several consecutive quarters. The sustained and high investment in < / P > < p > technology has laid a solid foundation for Jingdong group to accelerate from integration to integration and opening up. This year, Jingdong has held five Star appliances, industrial products, and cross speed transportation, and has worked with Kwai Mei retail, fast hand, Ctrip and other partners to jointly promote the innovation ecosystem with supply chain as the core. Dada group, an important ecological partner of Jingdong group, was listed on Nasdaq Stock Exchange on June 5, 2020. JD and dada have always had extensive cooperative relations. The local instant distribution and retail capabilities of dada group provide support for Jingdong’s innovative projects and omni channel strategy. < p > < p > in late June, JD group announced that it had reached an agreement with JD Digital: JD group will exercise the equity conversion right on the profit sharing right of jd.com as agreed in the 2017 framework agreement, and make an additional investment of 1.78 billion RMB in cash to meet the minimum requirements of the people’s Republic of China for registered capital, so as to hold JD digital It has 36.8% equity. Since its establishment, Jingdong Digital Technology Co., Ltd. has experienced three strategic iterations, and has developed into a new technology company driven by AI. In the past two years, with the establishment of “Intelligent City operating system” in xiong’an New District and the modern command center platform of Nantong municipal governance, Jingdong digital science and Technology Department has provided one-stop digital solutions for financial institutions such as Agricultural Bank of China and Huaxia Fund. The implementation of a series of projects such as the employment of AI robot in a newly diagnosed case treatment center in Shanghai marks that Jingdong digital technology has become a The representative of digital industry.
‘s novel coronavirus pneumonia has brought uncertainty to the global economy on the one hand, but on the other hand, it is also an opportunity to transform the development mode of the real economy and promote digital upgrading while facing the pressure of growth. China is still the most growing market in the world, and JD will firmly adhere to the mission of “technology-based, committed to a more efficient and sustainable world”, and continuously create the maximum value for users, employees, industry and society.