JS Global Lifestyle Company Limited (Stock Code: 1691) announced key financial data for its subsidiary Joyoung Co., Ltd. (Stock Code: 002242), which reported unaudited results for the third quarter and the nine months ended September 30, 2025. Joyoung recorded operating revenue of RMB 1,598,088,948.43 for the third quarter of 2025, a 10.99% decrease from the same period last year. Net profit attributable to Joyoung’s shareholders stood at RMB 854,630.27, up from a loss in the same quarter of the previous year.

For the nine months ended September 30, 2025, Joyoung reported operating revenue of RMB 5,585,101,782.36, representing a 9.66% decline compared with the same period in 2024. Net profit attributable to Joyoung’s shareholders reached RMB 123,585,667.57, marking a 26.03% increase over the corresponding period in 2024. Net profit attributable to shareholders before non-recurring gains and losses was RMB 192,476,191.49 for the nine-month period, a 48.17% increase year on year.

Additionally, JS Global intends to cooperate with Joyoung to transition Joyoung’s overseas operations from a self-operated model to an authorized distribution model. Under the proposed agreement, JS Global will act as one of Joyoung’s authorized distributors, handling contract product distribution outside the People’s Republic of China from November 1, 2025 to October 31, 2028. The transaction amount is expected to be approximately US$1.5 million for the remainder of this year.