寶尊電商有限公司* （於開曼群島註冊成立以不同投票權控制的有限責任公司） 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示概不會就本公告全部或任何部分內容而產生或因倚賴 該等內容而引致的任何損失承擔任何責任。 根據不同投票權架構，我們的股本包括A類普通股及B類普通股。對於提呈我們股東大會的任 何決議案，A類普通股持有人每股可投一票，而B類普通股持有人則每股可投十票，惟法律或 《香港聯合交易所有限公司證券上市規則》（「上市規則」）或我們的組織章程大綱及細則另行規定 者除外。股東及有意投資者務請留意投資不同投票權架構公司的潛在風險。我們的美國存託股 （每股美國存託股代表三股A類普通股）於美國納斯達克全球精選市場上市，股份代號為BZUN。 Baozun Inc. （股份代號：9991） 授出限制性股份單位獎勵 授出限制性股份單位獎勵 寶尊電商有限公司（「本公司」，連同其綜合入賬附屬公司及其關聯併表實體，統 稱「本集團」）謹此宣佈，本公司於2026年3月30日（香港時間）根據本公司2022年 股權激勵計劃（「2022年計劃」）向若干承授人（「承授 ...

Gap is preparing to add 50 new shops in mainland China in 2026, with openings planned across tier-one to tier-three cities. Vincent Qiu, chairman and chief executive of Baozun, the company that runs Gap’s business in China, told Bloomberg TV that the retailer also intends to return to Hong Kong later in 2026. Qiu said: “In the coming three years, we are ready to accelerate the business and scale it to a bigger size.” The expansion comes after the brand reached breakeven on a quarterly basis for the fir ...

27 Mar 2026 CMB International Global Markets | Equity Research | Company Update Baozun (BZUN US) Baozun (BZUN US) - Heading Heading towards strong medium execution -term profitability target with solid execution Baozun reported its 4Q25 results: revenue reached RMB3.2bn, up 5.9% YoY (3Q25: +4.8% YoY); non-GAAP NP attributable to ordinary shareholders was RMB159.6mn (vs. RMB45.7mn in 4Q24) driven by a solid improvement in operating profitability across both Baozun E-commerce (BEC) and Baozun Brand Management ...

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Baozun highlighted significant margin improvement. Zhu said group blended gross margin for product sales expanded 640 basis points to 36.5%, and quarterly gross profit rose 35.9% to RMB 451.5 million. E-commerce product sales gross margin improved to 18.4% from 10.8%, driven mainly by product mix optimization. Brand management gross margin rose to 52.1% from 50.4%, reflecting merchandising and marketing initiatives.Brand management product sales totaled RMB 663.7 million, up 24% year-over-year, which Zhu at ...

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Baozun (NasdaqGS:BZUN) Q4 2025 Earnings call March 25, 2026 07:30 AM ET Company ParticipantsCatherine Zhu - CFOChao Xue - Trading DirectorJunhua Wu - Director and Chief Strategy OfficerKen Huang - CEOPeishan Wang - Research AssociateVincent Qiu - Chairman and CEOWendy Sun - Senior Director of Corporate Development and Investor RelationsConference Call ParticipantsAlicia Yap - Equity Research AnalystShuwen Guo - Equity Research AnalystYin Jiawei - Investment Banking AnalystOperatorGood morning, ladies and ge ...

Baozun (NasdaqGS:BZUN) Q4 2025 Earnings call March 25, 2026 07:30 AM ET Company ParticipantsCatherine Zhu - CFOChao Xue - Trading DirectorJunhua Wu - Director and Chief Strategy OfficerKen Huang - CEOPeishan Wang - Research AssociateVincent Qiu - Chairman and CEOWendy Sun - Senior Director of Corporate Development and Investor RelationsConference Call ParticipantsAlicia Yap - Equity Research AnalystShuwen Guo - Equity Research AnalystYin Jiawei - Investment Banking AnalystOperatorGood morning, ladies and ge ...

Baozun (NasdaqGS:BZUN) Q4 2025 Earnings call March 25, 2026 07:30 AM ET Speaker5Good morning, ladies and gentlemen, and thank you for standing by for Baozun's fourth quarter 2025 earnings conference call. At this time, all participants are in listen-only mode. After management's prepared remarks, there will be a question and answer session. As a reminder, today's conference call is being recorded. I will now turn the meeting over to your host for today's call, Miss Wendy Sun, Senior Director of Corporate De ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示概不會就本公告全部或任何部分內容而產生或因倚賴 該等內容而引致的任何損失承擔任何責任。 根據不同投票權架構，我們的股本包括A類普通股及B類普通股。對於提呈我們股東大會的任 何決議案，A類普通股持有人每股可投一票，而B類普通股持有人則每股可投十票，惟法律或 《香港聯合交易所有限公司證券上市規則》或我們的組織章程大綱及細則另行規定者除外。股東 及有意投資者務請留意投資不同投票權架構公司的潛在風險。我們的美國存託股（每股美國存 託股代表三股A類普通股）於美國納斯達克全球精選市場上市，股份代號為BZUN。 Baozun Inc. 寶尊電商有限公司* （於開曼群島註冊成立以不同投票權控制的有限責任公司） （股份代號：9991） 截至2025年12月31日止年度之年度業績公告 年度業績 寶尊電商有限公司（「寶尊」或「本公司」）董事（「董事」）會（「董事會」）謹此宣佈本 公司及其附屬公司（「本集團」或「我們」）截至2025年12月31日止年度（「該年度」） 之年度未經審核綜合業績，連同截至2024年12月 ...