JD Industrials (07618) and Lengshuijiang Tianbao Industrial Co., Ltd. (Tianbao Industrial) formally signed a strategic cooperation agreement on March 20. As part of the agreement, Tianbao Industrial has become a designated manufacturer for JD Industrials' own brand, securing a high-quality and stable supply of fasteners through direct sourcing collaboration. The partnership will also focus on digital and intelligent upgrades across procurement, fulfillment, technology, and service domains, leveraging JD's super supply chain to continuously optimize cost, efficiency, and experience throughout the fastener industry value chain.
Founded in 1992, Tianbao Industrial has grown to become China's largest fastener producer by capacity through sustained investment and specialization, with an annual output exceeding 300,000 tons. Its product portfolio includes various high-strength bolts, screws, and special-shaped parts up to grade 12.9. These products are widely used in six core sectors: construction machinery, rail transit, energy and power, aerospace, automotive manufacturing, and bridge steel structures, providing critical support for the safe operation of equipment across vital areas of the national economy.
JD Industrials' own brand aims to establish itself as a trusted benchmark in China's industrial supplies sector. Through solutions such as product standardization, volume aggregation, and full-process control, it helps large and medium-sized enterprises address common procurement challenges like excessive SKU variety, inconsistent quality, and inflated pricing. The brand currently offers over 40,000 products across eight major categories, serving more than 3,500 key clients in nine industries. Behind this, JD Industrials has developed over 20 best-selling products via the JDM model and established full-chain control partnerships with more than 200 factories.
Under the agreement, JD Industrials and Tianbao Industrial will pursue a "dual-drive" strategy, deepening collaboration on both the user and product fronts. On the user side, JD Industrials will enhance procurement efficiency and compliance through centralized procurement services, combined with Tianbao's strong local inventory, service, and technical capabilities, to create an agile, end-to-end response system for terminal customers. On the product side, Tianbao will serve as the designated manufacturer for the "Huixiang" brand's fastener category, dedicating production lines to ensure stable supply and reliable quality. This two-way drive enables full-chain integration from source manufacturing and sales fulfillment to end-user services, jointly building a digital, intelligent, efficient, and trustworthy closed-loop fastener supply chain.
Looking ahead, the two companies plan to expand cooperation in three key areas: First, using digital intelligence technologies to reshape traditional industries by integrating Tianbao's ERP system with JD Industrials' platform to enable production-to-order and flexible manufacturing. Second, applying artificial intelligence to industrial scenarios, particularly exploring future smart assembly applications in robotics. Third, through direct sourcing collaboration and supply chain digitalization, contributing to the industrial supply chain's "trillion-yuan cost reduction" goal in China.
Often overlooked, fasteners are the "basic cells" of industry and among the most recognizable industrial product categories. A single automobile requires thousands of different bolts, while an aircraft needs millions of high-strength fasteners. These small components carry significant safety responsibilities, serving as indispensable foundations in the industrial world and lifelines for equipment manufacturing. Data from the China General Machinery Components Industry Association indicates China's fastener market size reached approximately RMB 158 billion in 2024, with strongest demand from automotive manufacturing, wind and solar power industries. The sector is trending towards strengthening from scale, growth in new energy markets, and accelerated consolidation among leading players.
Within industrial operations, BOM (bill of materials) components like fasteners face challenges such as numerous SKUs, inefficient management, supply instability, high fulfillment costs, small procurement volumes, cost pressure, fragmented suppliers, and inconsistent quality, creating an urgent need for digital and intelligent upgrades. During digital transformation, companies may also encounter difficulties in data integration, resource matching, and operational management, requiring digital supply chains that are not only established but also operational to deliver full value.
JD Industrials provides multi-dimensional support for supply chain digitalization through its core capabilities in technical services, solutions, product supply chain, and fulfillment logistics. The company's recently released performance announcement highlights continuous enhancement of its product supply chain capabilities. In 2025, JD Industrials has deepened strategic coordination with core suppliers, expanding the breadth and depth of quality supply while increasing product variety and supplier partnerships. The platform has connected approximately 205,000 manufacturers, distributors, and agents, offering around 97.7 million SKUs.
Building on its MRO (maintenance, repair, and operations) foundation, JD Industrials has expanded its product services to include long-tail direct materials ("BOM-Category"), such as fasteners, seals, and electronic components. Its BOM business covers 11 major categories including label packaging and fastener seals, achieving one-stop BOM material fulfillment for industrial enterprises through its own brand, cooperative brands, and authorized brands. Its solution capabilities span from requirement initiation and conceptual design to detailed design and production validation, supporting full-chain coordination from R&D to mass production.
A representative from Tianbao Industrial stated, "Today's manufacturing competition is no longer between individual enterprises but between industrial chains and ecosystems. Tianbao must step out of the factory, actively embrace digitalization, and integrate into the industrial internet wave. This is the fundamental reason we have joined forces with JD Industrials. Together, through direct sourcing collaboration and supply chain digitalization, we will contribute to the industrial supply chain's 'trillion-yuan cost reduction' goal."
The head of JD Industrials' own brand commented, "Through solutions like product standardization, volume aggregation, and full-process control, JD Industrials is building a trusted brand benchmark in China's industrial supplies industry. We are aiding traditional industrial product manufacturers in their digital transformation and channel expansion, while helping large and medium-sized enterprises solve procurement pain points like excessive SKU variety, inconsistent quality, and inflated pricing."
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