BE FRIENDS HLDG (01450) announced that during the fourth quarter of 2025, the Group achieved a total Gross Merchandise Volume (GMV) of approximately RMB 6.49 billion, representing an increase of about 4.34% compared to the fourth quarter of 2024. For the full year 2025, the cumulative GMV reached approximately RMB 16.02 billion, marking a year-on-year growth of about 6.23%. The Group is a leading all-media service provider in China, primarily offering comprehensive video application solutions to new media platforms and industry clients, including services such as live streaming, video content production, and product sales.