Shenzhen, China, October 30, 2024 – ZJK Industrial Co., Ltd. (Nasdaq: ZJK), a leading manufacturer and supplier of precision fasteners, structural components, and other precision metal parts for the new energy vehicle and smart electronics sectors, announced that the underwriters of its initial public offering (the “Offering”) have partially exercised their over-allotment option to purchase an additional 131,249 ordinary shares at the public offering price of US$5.00 per share. Following the partial exercise of the over-allotment option, the Company sold a total of 1,381,249 ordinary shares, generating gross proceeds of approximately US$6.91 million before deducting underwriter discounts and related expenses. The option closing date was October 30, 2024. The ordinary shares commenced trading on The Nasdaq Capital Market on September 30, 2024, under the ticker symbol “ZJK.”

Net proceeds from the Offering will be allocated for (i) expanding the Company’s manufacturing facilities, (ii) expanding its sales network in North America, (iii) potential acquisitions of, or investments in, businesses within the fasteners industry, and (iv) general corporate purposes and working capital, including potential strategic investments and acquisitions.

The Offering was conducted on a firm commitment basis. Cathay Securities, Inc., acting as the representative of the underwriters, Revere Securities LLC and Dominari Securities LLC were the underwriters (collectively, the “Underwriters”) for the Offering. Robinson & Cole LLP served as U.S. counsel to the Company, and VCL Law LLP served as U.S. counsel to the Underwriters in connection with the Offering.

A registration statement on Form F-1 relating to the Offering was filed with the U.S. Securities and Exchange Commission (the “SEC”) (File Number: 333-280371), as amended, and was declared effective by the SEC on September 27, 2024. The Offering was made exclusively through a prospectus, which forms part of the registration statement. Copies of the prospectus relating to the Offering can be obtained from Cathay Securities, Inc. by email at , by standard mail to Cathay Securities, Inc., 40 Wall Street, Suite 3600, New York, NY 10005, or by telephone at +1 (855) 939-3888; or from Revere Securities LLC by email at , by standard mail to Revere Securities LLC, 560 Lexington Avenue, 16th Floor, New York, NY 10022, or by telephone at +1 (212) 688-2350. Additionally, copies of the prospectus relating to the Offering can be obtained via the SEC’s website at .

This press release does not constitute an offer to sell, or the solicitation of an offer to buy any of the Company’s securities, and such securities shall not be offered or sold in the United States absent registration or an applicable exemption from registration. There shall be no offer, solicitation, or sale of any of the Company’s securities in any state or jurisdiction where such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction.

About ZJK Industrial Co., Ltd.

ZJK Industrial Co., Ltd. is a high-tech enterprise specializing in the manufacturing and sale of precision fasteners, structural components, and other precision metal parts used across a range of industries, including intelligent electronic equipment, new energy vehicles, aerospace, energy storage systems, and liquid cooling systems employed in artificial intelligence supercomputers. With over twelve years of experience in the precision metal parts manufacturing industry, the Company has established a professional team, a range of highly automated and precise manufacturing equipment, a stable and strong customer base, and comprehensive quality management systems. It primarily offers standard screws, precision screws and nuts, high-strength bolts and nuts, turning and Computer Numerical Control (CNC) machining parts, Surface Mounting Technology for miniature parts packaging; and technology services for research and development provided by its professional engineering team. For more information, please visit the Company’s website at .

Forward-Looking Statements

Certain statements within this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy, and financial needs. Investors can identify many (but not all) of these statements by the use of words such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “likely to” or other similar expressions in this announcement and the registration statement. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. While the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results. Investors are encouraged to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC.

For more information, please contact:
ZJK Industrial Co., Ltd.
Phone: +86-0755-28341175
Email: 

Ascent Investor Relations LLC
Tina Xiao
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