Diying Ji's questions to ZKH Group (ZKH) leadership • Q1 2025
Question
Diying Ji from China Renaissance asked for an update on the company's business performance and financial outlook for the upcoming quarters.
Answer
Founder, Chairman, and CEO Long Chen reported that Q1 results slightly exceeded targets and the business optimization with SOEs is complete. He projected an acceleration in the coming quarters, with double-digit GMV growth anticipated for Q3 and Q4. Regarding profitability, Chen expects a breakeven in Q2 and positive results in Q3 and Q4. For the full year 2025, the company targets positive year-over-year GMV growth, a profitable domestic business, and a breakeven for the entire group.