ATRenew Inc., a leading technology-driven pre-owned consumer electronics transactions and services platform in China, reported a significant increase in its financial performance for the second quarter of 2025. Total net revenues rose by 32.2% to RMB4,991.5 million (US$696.8 million), up from RMB3,776.7 million in the same period of 2024. The company recorded an income from operations of RMB91.1 million (US$12.7 million), a notable improvement compared to a loss from operations of RMB5.6 million in the same period of the previous year. Adjusted income from operations (non-GAAP) reached RMB121.3 million (US$16.9 million), compared to RMB94.1 million in the same period of 2024. Net income for the quarter was RMB72.3 million (US$10.1 million), reversing a net loss of RMB10.7 million reported in the same period of 2024. Adjusted net income (non-GAAP) increased to RMB99.9 million (US$13.9 million) from RMB80.5 million in the previous year. The number of consumer products transacted reached 10.3 million, up from 8.4 million in the same period of 2024. The company attributed its positive performance to an increase in the proportion of retail product revenue and effective expense management. ATRenew plans to explore diverse front-end supply-sourcing scenarios to enhance recycling penetration and is actively seeking premium retail and overseas sales channels to create long-term value for users and shareholders.