ZKH signed the US$300 million 'first order' with Dow at the CIIE

On November 5, the 6th China International Import Expo opened at the National Convention and Exhibition Center (Shanghai). On that day, ZKH Industrial Supply Co., Ltd.(hereinafter referred to as "ZKH") signed a US$300 million purchase order agreement with Dow Corporation, which became the “first order on the first day” signed at the 6th CIIE.

"The CIIE has become a 'one-stop' platform for us to showcase the latest innovative technologies to the Chinese and Asia-Pacific markets, reflecting our long-term commitment to the Chinese market." Peijun Xie , president of Dow's Asia-Pacific region, said that Dow this year has demonstrated nearly 50 innovative materials science solutions, 11 of which are global, Asia-Pacific or Chinese premieres.

Founded in 1897, American chemical giant Dow is a world-leading materials science company that provides a wide range of differentiated, technology-based products and services to customers in high-growth markets such as packaging, infrastructure, transportation, and consumer applications.

As China's leading industrial supplies procurement service platform, ZKH provides enterprises with one-stop industrial supplies procurement and management services, and provides participants in the industrial value chain with full-link digital solutions from procurement, manufacturing to contract performance, to achieve transparency, efficiency and cost reduction of industrial supplies supply chain.

ZKH's orders are mainly for Dow's silicone products. Based on ZKH's extensive industrial enterprise customer coverage and digital supply chain services, the two parties will jointly expand the downstream market of electronics, transportation, new energy, packaging, construction and other related industrial supplies.

Long Chen, chairman and CEO of ZKH said: "The CIIE is an important platform for open cooperation between global enterprises. ZKH is very honored to sign the first single on the first day.We hope to become an advantageous channel for foreign brands in the industrial supplies industry to enter China and open the Chinese market."

In addition, ZKH also reached strategic cooperation with 7 international brands such as Schneider, DuPont, Philips, and Karcher on the same day, and held a centralized signing ceremony, with a total purchase amount of more than 4 billion yuan on the first day.