京东集团股份有限公司2025年度报告

JD.com, Inc.京東集團股份有限公司 4 10 11 11110178205221224225226241242 249 249250250250251252253253 255 255 JD.com, Inc.ABA1B20B 2026318(i) Max Smart Limited11,487,275A22,974,550A(ii)20263186020,000,000A(iii)MaxSmart Limited305,630,780B2026318FortuneRising Holdings Limited16,135,302B73.1%2026318Fortune Rising Holdings Limited3.6% BABA321,766,082A2026318A13.4% (i)BBB(ii)BBA(i)(ii)B(iii)Max Smart LimitedB (iv)BA •A••••HFCAA20201218202212292023••••••京東健康股份有限公司661886618•京東工業202337618•京 東 物 流 股 份 有 限 公 司2618•東智能產發JD Property Group Corporation20233•GEM •0.00002AB •PCAOB • •571 •JD.com, Inc.JD.com, Inc. A 28 2829 30 31 32 32 33 33 34 47 48 71 PCAOB20-FPCAOB20-F72PCAOB20-FPCAOB20-F PCAOBHFCAA72PCAOBHFCAA AA75 78 79 84 84 85 85 88A 8091 A A AA98AAA 99A A100AA A100AA 1995 6.99311.007.78331.0020251231H.10 2026228 (1)JD Assets Holding Limited81 (2)JD Asia Development Limited530 (3)36036045%30%25%45%30%25% (4)457 (5)JD.com Investment Limited136 * JD.com,Inc.JD.com,Inc.(i)(ii)2023202420257.8%8.7%6.8%JD.com, Inc.36020074ICPwww.jd.com201092017620158202412JD.com,Inc.A JD.com, Inc. A PCAOB20-FA A A HFCAAPCAOB20211216PCAOB20-F202252021123120-FHFCAA20221215PCAOB2021121620221231202312312024123120-FHFCAA20-FHFCAAPCAOBPCAOB20-FHFCAAPCAOB20-FPCAOB20-FPCAOBHFCAA ICP (i)(ii)(iii) (i)(ii)(iii) 2023217202333120245202920 JD.com, Inc.JD.com, Inc.JD.com,Inc.JD.com,Inc. 202312312024123120251231676715782112 JD.com,Inc. JD.com,Inc.JD.com,Inc.JD.com International Limited京東物流股份有限公司京東健康股份有限公司京東工业股份有限公司 202312312024123120251231JD.com, Inc.1261883294725–27202312312024123120251231 2023123120241231202512313384891325–27202312312024123120251231202312312024123120251231484911325–27202312312024123120251231 202330.310.621020243202312310.380.761220253202412310.501.0014.420263202512310.51.014 A. B. C. D. 2025 (AI) 202512311,6002,0002025123134 20231231202412312025123168,05889,32695,42813,64620232024202530.331.537.8360 20232024202523,25744,66023,1423,3092025 20232024202540,13347,95383,95312,0053.7%4.1%6.4% 20232024202553.258.660.0360 202418202435 2023 a.2022Dada Nexus Limited20256 b.2020 c.202220263 2025123177112633820232024202591441 202418202435202432024110Yan Wang v. DadaNexus Limited et al2:22-cv-00239JD.com, Inc.20253 A A 20201286618202152826182025121176182026126A1 202272650%2026113202632026331202591CECONOMY AGCECONOMY(XETRACEC)20251127CECONOMY 59.8% 20174202152826182025123163% 61811 iOS 2011 20216102021920206120202021730 202191 2021122820222152020 202277202291 2024924 (i)(ii) 20218202021111 202111 2018525(General Data Protection Regulation)(i)(ii)(iii) 20143 (7FRESH) (7FRESH) (7FRESH) (7FRESH) 20206東36.8%202133141.7%2025123154.9% (7FRESH) SAMR 202512313145220251231 2018820191120213152025318 202312212023202312202015526,000,000A16.7033.4010%202555,000,000A17.17534.3510,000,0005 20232024202538211,3671952023123120241231202512314,8042,9994,72667620251231(i)71,863,066(ii)22,566,154 1111618A 12201642020120245 2025123169299 2023202420252023202420252,2831,5273875520232024202552241322023202420257513417325 20232024202520231231202412312025123159738452175202312312024123120251231 20102022 AABA1B20BAABBBA202631873.1%Fortune Rising Holdings Limited3.6%A 2025 20208ICTS20216 2023820241028202512(i)(ii)(iii)JD.com, Inc.JD.com, Inc. 202512182025COINSCOINSCOINS2027313COINS2025221 202592950% A A 2002404A 200240420251231 A404 20217620232172023331 20232242023331 PCAOB20-FPCAOB20-F 20-F20-FPCAOBPCAOB20-FPCAOB2022PCAOBPCAOBPCAOB20221215PCAOB20211216PCAOBPCAOB PCAOBHFCAA HFCAAPCAOB 20211216PCAOB20-F202252021123120-FHFCAA20221215PCAOB20221231202312312024123120-FHFCAA2025123120-FHFCAA PCAOBPCAOB20-FHFCAAAAAA (General Data Protection Regulation) 15%202411 50% 360360ICP 360 360360 360 (i)(ii) A 360ICP ICP 10%50% 20251131.51.753.5 20156120191023 20201231202124 2019315202011 202011 20143 20115 2023225202351 20067ICPICP360ICPwww.jd.com360 202127 2022624202281500,0005202562720251015(i)(ii)(iii)(iv)(v) A A202176202112282022215100 20251231 201611202611 AA 20203177177 (i)(ii)(iii) 20119202012192021118 7520147377537 373737201522015613737 373737 20122 25%200948282(i)(ii)(iii)(iv)50% JD.com, Inc.JD.com, Inc. 25%25%JD.com, Inc. JD.com, Inc.10%10%20%20%JD.com, Inc.JD.com, Inc. 25%5%10%2009106016012018296012018419 100%995%10% 2009122011320152710%7(i)75%(ii)90%90%(iii)(iv)77 201710372017123737 73773750%300%7 A AA A202545.2128.392025A179.00110.30AA2020A A AA 202062020618A961819C19C.11A A55% A 20203172022317242020211229202032030202431720243202431820273363020243302024820249202783650 A AAAA A 2023621 AAAAAA 20245202029202920290.25%202412161121202920296120291,00021.883045.702029AA20292029AAAA 20292029 AA AAAA A2023621A14A AA A A AAA (a)(b)(c)(d)(e)(f) A MaxSmart LimitedFortune RisingHoldings LimitedB202631873.1%Fortune Rising Holdings Limited3.6%Fortune Rising Holdings Limited 10-Q8-K 6-K 2023