ZKH Group Ltd., a Chinese company providing maintenance, repair, and operations procurement services, is set to begin assessing investor interest for its U.S. IPO as early as Thursday, according to Bloomberg News.
The company has filed for a proposed IPO earlier this week.
"We are a leading MRO procurement service platform in China. We provide one-stop MRO procurement and management services for our customers, and offer digital and fulfillment solutions for participants along the industry value chain. We spearhead digital transformation of the MRO industry for cost reduction and efficiency improvement," ZKH said.
ZKH aims to raise between $100 million to $150 million and plans to list on December 15, the report added.
Deutsche Bank, China Renaissance, and CICC are arranging the deal, according to a preliminary prospectus. The size and timeline of the offering are subject to change as deliberations are ongoing.
If successful, ZKH's IPO would be the largest Chinese listing in the U.S. since Hesai Group's $192 million IPO in February.