Core Viewpoint - ZJK Industrial Co. Ltd. has refuted claims made by Jim Cramer regarding the company's revenue performance, emphasizing that its revenues have consistently increased over the past three years, contrary to the assertion of "flat revenues" [1][2][3]. Revenue Growth - ZJK's revenue grew by more than 40% for the fiscal year ending December 31, 2024, compared to the previous fiscal year [2]. - The company has achieved a three-year compound annual growth rate (CAGR) of over 32% [2]. - ZJK has maintained an average annual growth rate of more than 33% over the past three years [3]. Company Overview - ZJK Industrial Co., Ltd. specializes in manufacturing precision parts and hardware for various industries, including AI infrastructure, consumer electronics, electric vehicles, and aerospace [1][4]. - The company offers a range of products, including standard screws, precision screws, high-strength bolts, and CNC machining parts [4]. - ZJK has over fourteen years of experience in the precision metal parts manufacturing industry and possesses a skilled professional team and advanced manufacturing equipment [4].

Shenzhen, China, March 11, 2025 (GLOBE NEWSWIRE) -- ZJK Industrial Co. Ltd. (NASDAQ:ZJK) ("ZJK Industrial", "ZJK" or the "Company"), a high-tech precision parts and hardware manufacturer for artificial intelligence (AI) infrastructure, consumer electronics, electric vehicles, aerospace and other smart technologies, today addressed recent misstatements made by Jim Cramer on CNBC's Mad Money during the Lightning Round segment, in which the Mad Money host inaccurately claimed that ZJK had "flat revenues" over ...

Core Insights - ZJK Industrial Co. Ltd. has experienced significant growth in 2024, driven by increased sales and key collaborations with industry leaders, particularly in AI infrastructure and consumer electronics [1][5] - The company reported a revenue growth similar to the over 30% increase seen in fiscal year 2023, with sales from projects with NVIDIA more than doubling in 2024 [2] Revenue Generation - ZJK Industrial primarily generates revenue from the sale of precision metal parts, including fasteners for leading AI computing and consumer electronics companies [2] - The company anticipates releasing its audited financials for 2024 by April 30, 2025 [2] Supply Chain Response - In response to increased product demand, ZJK is scaling its production capacity and expanding operations in Vietnam to adapt to customer supply chain shifts [3] Future Outlook - To differentiate from competitors, ZJK is leveraging its expertise in sub-assembly and advanced manufacturing solutions to access high-margin market opportunities [4] - The company aims to deliver value to shareholders by supporting the evolving technological landscape [4] Company Overview - ZJK Industrial specializes in manufacturing precision fasteners and structural parts for various industries, including AI, new energy vehicles, and aerospace [6] - The company has over fourteen years of experience in precision metal parts manufacturing and maintains a skilled professional team and advanced manufacturing equipment [6]

Shenzhen, China, Jan. 29, 2025 (GLOBE NEWSWIRE) -- ZJK Industrial Co. Ltd. (NASDAQ: ZJK) (“ZJK Industrial” or the “Company”), a high-tech precision parts and hardware manufacturer for artificial intelligence (AI) infrastructure and smart technologies, today announced that on January 11, 2025, it held a grand year-end celebration party on behalf of ZJK Industrial Group (“Group” or “ZJK Group”). Employees from all the Group’s subsidiaries—Shenzhen Zhongjinke Hardware Products Co., Ltd., Zhongke Precision Comp ...

Shenzhen, China, Jan. 22, 2025 (GLOBE NEWSWIRE) -- ZJK Industrial Co. Ltd. (NASDAQ: ZJK) (“ZJK Industrial” or the “Company”), a high-tech precision parts and hardware manufacturer for artificial intelligence (AI) infrastructure and smart technologies, is pleased to announce its participation in The Microcap Conference 2025, the premier event for growth-focused companies and investors. The conference will take place January 28-30, 2025, at the Borgata Hotel Spa & Casino in Atlantic City, NJ. ZJK Industrial’s ...

Core Viewpoint - ZJK Industrial Co., Ltd. reported significant financial growth in the first half of fiscal year 2024, with revenue increasing by 72.81% to US$16.23 million, driven by strategic market expansion and high demand for its products in the new energy vehicle and intelligent electronic device sectors [2][3][4]. Financial Highlights - Revenue increased by 72.81%, reaching US$16.23 million for the six months ended June 30, 2024, compared to US$9.39 million for the same period last year [2][6]. - Gross profit rose by 134.31% to US$7.56 million, with the gross profit margin improving from 34.34% to 46.57% [2][12]. - Income from operations surged by 149.33% to US$4.91 million, while net income increased by 106.98% to US$5.43 million [2][19]. - Basic and diluted earnings per share increased to US$0.09 from US$0.04 [20]. Revenue Breakdown - Revenue from hardware products increased by 72.81%, attributed to a 44.55% rise in total sales volume and a 21.91% increase in average unit sales price [7][8]. - Revenue from turned parts saw an average unit sales price increase of 28.25% and a sales volume increase of 39.73%, contributing an additional US$3.29 million [8]. - For screws, the average unit sales price increased by 8.10% and sales volume increased by 45.98%, adding US$2.51 million to revenue [8]. - Stamping parts experienced a 12.84% increase in sales volume, contributing US$0.79 million to revenue [9]. Cost and Expenses - Cost of revenues increased by 40.64% to US$8.67 million, aligning with the sales volume increase [10]. - General and administrative expenses rose by 245.36% to US$1.22 million, primarily due to increased professional service fees and salaries [13]. - Selling and marketing expenses increased by 123.17% to US$1.18 million, driven by higher sales commissions and freight costs [14]. - Research and development costs decreased by 35.69% to US$0.24 million, attributed to lower material consumption for new product types [15]. Cash Flow and Financial Condition - As of June 30, 2024, the company had cash of US$8.56 million and restricted cash of US$1.70 million, compared to US$2.83 million and US$1.08 million as of December 31, 2023 [21]. - Net cash provided by operating activities was US$7.73 million for the six months ended June 30, 2024, compared to US$3.93 million for the same period last year [21]. - Net cash used in investing activities was US$0.32 million, while net cash used in financing activities was US$0.47 million [22]. Recent Developments - The company completed its initial public offering on October 1, 2024, raising gross proceeds of US$6.91 million [23]. - The company's ordinary shares began trading on the Nasdaq Capital Market under the ticker symbol "ZJK" [23]. Company Overview - ZJK Industrial Co., Ltd. specializes in manufacturing precision fasteners and structural parts for various industries, including new energy vehicles and intelligent electronic devices [24]. - The company has a strong focus on innovation, production technology advancements, and maintaining a skilled professional team [4][24].

EXHIBIT 99.1 ZJK INDUSTRIAL CO., LTD. INDEX TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS | Page | | | --- | --- | | Condensed Consolidated Balance Sheets as of December 31, 2023 and June 30, 2024 (unaudited) | F-2 | | Unaudited Condensed Consolidated Statements of Income and Comprehensive Income for the six months ended June 30, 2023 and 2024 | F-3 | | Unaudited Condensed Consolidated Statements of Changes in Shareholders' Equity for the six months ended June 30, 2023 and 2024 | F-4 | | Unaudite ...

Shenzhen, China, Dec. 03, 2024 (GLOBE NEWSWIRE) -- ZJK Industrial Co., Ltd. (Nasdaq: ZJK) (“ZJK Industrial”, “ZJK”, or “The Company”), a high-tech enterprise specialized in the manufacturing and sale of precision fasteners, structural parts and other precision metal parts products for new energy vehicles and smart electronic devices, today announced a significant advancement in its collaboration with NVIDIA Corporation (“NVIDIA”), the world leader in accelerated computing, focused on cutting-edge liquid coo ...