Shenzhen, China, Oct. 01, 2024 (GLOBE NEWSWIRE) -- ZJK Industrial Co., Ltd. (Nasdaq: ZJK) (the 'Company”), a high-tech enterprise specialized in manufacturing and sale of precision fasteners, structural parts and other precision metal parts products for new energy vehicles and intelligent electronic equipment, today announced the closing of its initial public offering (the 'Offering”) of 1,250,000 ordinary shares at a price to the public of US$5.00 per ordinary share. The ordinary shares commenced trading on The Nasdaq Capital Market on September 30, 2024, under the ticker symbol 'ZJK.”

The Company received aggregate gross proceeds of US$6.25 million from the Offering, before deducting underwriting discounts and other related expenses. In addition, the Company granted the underwriters a 30-day option to purchase up to an additional 187,500 ordinary shares at the initial public offering price, less underwriting discounts and commissions.