Be Friends Holding Limited has announced its gross merchandise volume (GMV) results for the fourth quarter and full year of 2025. According to the preliminary unaudited operational data, the Group recorded a GMV of approximately RMB6.49 billion in the fourth quarter of 2025, representing an increase of about 4.34% compared to the same period in 2024. For the full year of 2025, the cumulative GMV reached approximately RMB16.02 billion, reflecting a year-on-year increase of approximately 6.23%. The company emphasized that the figures are based on a preliminary review and have not been audited. Shareholders and investors are advised to exercise caution when dealing in the company’s shares.

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