YJ Overview

Financial Performance: Yunji Inc. reported total revenues of RMB158.3 million (US$22.1 million) for the first half of 2025, a decline from RMB233.8 million in the same period of 2024, attributed to soft consumer confidence and strategic product selection refinements.

Operational Changes: The company is focusing on becoming a trusted advocate for organic living by enhancing customer engagement through a portfolio of organic health products and wellness experiences, while also optimizing its cost structure and capital allocation.

Losses and Expenses: Yunji experienced a significant increase in operating losses, reporting a loss from operations of RMB100.4 million (US$14.0 million) compared to RMB32.4 million in 2024, with total operating expenses rising by 20.3%.

Future Outlook: The company plans to maintain financial discipline and support long-term growth while expanding user acquisition through both online and offline channels, despite facing challenges in the e-commerce market.

Earnings Release Announcement: Yunji Inc. plans to release its unaudited interim financial results on August 21, 2025, and will hold a conference call at 7:30 A.M. Eastern Time to discuss the earnings.

Company Overview: Yunji Inc. is a leading social e-commerce platform in China that utilizes a membership-based model to offer high-quality products at competitive prices, leveraging advanced technologies for enhanced user experience.

Management Changes at Yunji Inc.: Mr. Yeqing Cui has resigned as Senior Financial Director of Yunji Inc., effective July 3, 2025, and will be succeeded by Ms. Nan Song, who has extensive experience within the company.

Company Overview: Yunji Inc. is a leading social e-commerce platform in China that utilizes a membership-based model to offer high-quality products at competitive prices, leveraging advanced technologies for enhanced user experience.

Board Changes at Zhihu Inc.: Zhihu Inc. has appointed Dr. Li-Lan Cheng as an independent director and chairman of the audit committee, while Mr. Hanhui Sam Sun has resigned from the board due to other commitments, effective May 27, 2025.

Dr. Li-Lan Cheng's Background: Dr. Cheng brings extensive experience in finance and corporate governance, having held various executive roles in companies like E-House and SouFun Holdings, and is a chartered financial analyst with degrees from Swarthmore College and MIT.

Change in Accounting Firm: Yunji Inc. has dismissed PricewaterhouseCoopers Zhong Tian LLP as its independent registered public accounting firm and appointed WWC, P.C. effective May 22, 2025, with no disagreements reported during the transition.

Company Overview: Yunji Inc. is a leading membership-based social e-commerce platform in China, utilizing advanced technologies to enhance user experience and provide high-quality products at competitive prices through a unique model that encourages social sharing.