中信证券：首次覆盖国内领先MRO在线采销平台震坤行，看好AI+数字化打造成长型智慧供应链

格隆汇2025-07-02

格隆汇获悉，中信证券首次覆盖震坤行(ZKH.US)，并发布对公司的投资价值分析报告。报告指出，公司为国内首家上市的工业非生产性物料(MRO)在线采销平台，产品线及SKU数量行业领先。公司已凭借仓配物流基础设施、定制化产品服务、数字化经营体系初步建构了自身护城河，同时积极开拓海外市场、开发AI应用以拓展客源。长期来看，公司有望凭借优秀经营能力维持收入稳健增长并逐步实现盈利。震坤行为国内领先MRO在线...

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