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JD.com Announces Proposed Funding for JD Logistics |

Posted on March 24, 2022 by publishing team

Beijing, March 24, 2022 (GlobeNewsWire) – JD.com, Inc. (“JD.com”) (Nasdaq: JD; HKEx: 9618), a supply chain-based technology and service provider, announced today that JD Logistics, Inc. (“JD Logistics”) (HKEx: 2618), a wholly owned subsidiary of JD.com, proposes to perform a new ordinary share replacement for a total size of approximately 400 400 million (“JDL Replacement”). ). In addition, JD.com intends to sign a subscription agreement with JD Logistics at the same time to subscribe for new ordinary shares issued by JD Logistics, at the same share price for JDL Placement, near purchase. For the full price. ملی 700 million in cash (“JD subscription”). JDL placement and JD subscription are both subject to market conditions, and not subject to each other.

The proposed JDL placement and JD subscription will be subject to the execution of the final transfer documents, including the implementation of the contract and the subscription agreement, respectively. In addition, completion of JDL placements and JD subscriptions will be subject to certain related conditions, including the Hong Kong Stock Exchange (“Hong Kong Stock Exchange”) approving the stock exchange for listing of newly issued shares, and JD subscriptions. Closing conditions will also include approval of JD Logistics Independent Partners.

There is no guarantee that final contracts will be executed for the proposed transfers, or that any proposed transfers will be completed. See the “Secure Port Statement” below for the risks and uncertainties of the proposed transaction, including risks and uncertainties regarding the execution time of the transfer document or the end of the transfer and the risk that some related transfer conditions may not be satisfied. . Over time, or completely.

This press release shall not contain an offer for sale or solicitation of any warranty purchase, nor shall there be a sale of collateral in any State or Authority where such offer, solicitation or sale is illegal.

About JD.com

JD.com is a leading supply chain technology and services provider. JD.com’s critical retail infrastructure strives to enable customers to purchase whatever they want, anytime and anywhere. JD.com opened its technology and infrastructure as part of offering retail services to partners, brands and other sectors to help drive productivity and innovation across multiple industries.

Secure port statement

This ad contains visitor statements. These statements are made in accordance with the provisions of the “Safe Ports” Act of the 1995 Privacy Reform Act. These forward-looking statements can be identified by terms such as “hope,” “expectation,” “expectation,” “future,” “intentions,” “plans,” “believe,” “predictions,” “belief,” and so on. Statements. JD.com may also provide written or oral statements to the US Securities and Exchange Commission (SEC) in its periodic reports, in advertisements on the Hong Kong Stock Exchange website, to stakeholders. In its annual report. In press releases and other written material and in oral statements provided to third parties by its officers, directors or employees. Statements that are not historical facts, including statements about JD.com’s beliefs and expectations, are plausible statements. Forward-looking statements have real dangers and ambiguities. A number of factors may differ from the actual results materially available in each subsequent vision statement, including but not limited to the following: the timing of the execution of the transfer documents and the risk and uncertainty about the completion of the transfer; The risk that some of the related terms of the transaction may not be met in time or in full; Potentially negative reactions or changes in the business relationship resulting from the announcement or completion of the transfer; Negative changes in general economic or market conditions; The actions of third parties, including government agencies, may have a negative impact on the proposed transactions; JD.com Growth Strategy Development of your future business, operation results and financial status; The ability to attract and retain new customers and increase the revenue generated from repeat customers; Her expectations regarding the demand and marketing of her products and services; Trends and Competition in China’s E-Commerce Market; Change in income and some expenses or expenses; Expected growth in China’s e-commerce market; Laws, regulations and government policies relating to the industries in which JD.com or its business partners operate; Potential changes to laws, regulations and government policies or changes in the interpretation and implementation of laws, regulations and government policies that may adversely affect the industries in which JD.com or its business partners operate, including others. In the meantime, oversight initiatives. Companies that are listed on foreign exchange and tighten monitoring of data privacy and data security; Risks associated with JD.com’s acquisitions, investments and alliances, including changes in market value of JD.com’s investment portfolio; Effects of COVID-19 Cholera Natural disasters and geopolitical events; Changes in tax rates and financial risks; Intensity of competition; And general market and economic conditions in China and the world. More information on this and other risks is included with the SEC in the JD.com files and in the advertisements on the Hong Kong Stock Exchange website. All information provided herein is up to the date of this announcement, and JD.com has no obligation to update any future statement, except as required by applicable law.

For investors and media inquiries, please contact:

JD.com

Investor Relations

Ms. Ravi Lee

+86 (10) 8912-6805

Email: [email protected]

Copyright 2022 GlobeNewswire, Inc.

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