ZKH Group Ltd, a Chinese maintenance repair and operations (MRO) procurement service platform, filed with the SEC to raise up to $200 million in an initial public offering.
The Shanghai-based company intends to apply for listing on the New York Stock Exchange under the ticker symbol “ZKH.”
Goldman Sachs (NYSE:GS) and China Renaissance are the joint underwriters on the IPO. No pricing terms were disclosed in the SEC filing.
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If the company raises $200 million, the offering would be the largest US IPO from a Chinese issuer since October 2021, according to Renaissance Capital.
ZKH said it is a leading MRO procurement service platform in China, providing one-stop MRO procurement and management services, as well as digital and fulfillment solutions along the industry value chain.
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