Financial Performance - Total net revenues increased by 38.1% to RMB2,963.7 million (US$408.7 million) from RMB2,145.7 million in Q2 2022[2] - Adjusted income from operations (non-GAAP) was RMB52.0 million (US$7.2 million), compared to an adjusted loss from operations of RMB42.3 million in Q2 2022[11] - Net product revenues rose by 42.2% to RMB2,636.7 million (US$363.6 million) due to increased sales of pre-owned consumer electronics[6] - Net service revenues increased by 12.1% to RMB327.0 million (US$45.1 million), driven by the recovery of Paipai and PJT marketplaces[6] - Loss from operations narrowed to RMB61.0 million (US$8.4 million) from RMB168.2 million in Q2 2022[11] - Net loss was RMB64.8 million (US$8.9 million), improved from a net loss of RMB125.3 million in Q2 2022[12] - For Q3 2023, the company expects total revenues to be between RMB3,150.0 million and RMB3,250.0 million[14] - Total net revenues for the first half of 2023 were RMB 5,211,854, compared to RMB 3,763,065 for the same period in 2022, reflecting a 38% year-over-year growth[37] - The company reported a net loss of RMB 64,841 for Q2 2023, a decrease from a net loss of RMB 125,250 in Q2 2022, indicating improved financial performance[37] - Net loss for the first half of 2023 decreased to RMB (114,840) from RMB (286,602) in the same period of 2022, reflecting a reduction of approximately 60%[42] Operational Efficiency - The company is focusing on operational efficiency and cost management strategies to further improve financial performance in the upcoming quarters[42] - ATRenew is focused on improving its operational efficiency and maintaining relationships with major strategic investors to support future growth[30] - Loss from operations for Q2 2023 was RMB (60,964), a significant improvement from RMB (168,227) in Q2 2022, representing a reduction of approximately 64.3%[42] - Adjusted (loss) income from operations (non-GAAP) improved to RMB 51,975 in Q2 2023, compared to a loss of RMB (42,285) in Q2 2022, indicating a positive shift in operational performance[42] Shareholder Information - The company repurchased 2,289,309 American depositary shares at an average price of US$2.81 per ADS during Q2 2023[15] - The weighted average number of diluted shares increased to 168,037,380 in Q2 2023 from 161,498,800 in Q2 2022, indicating a growth in share count[42] - Share-based compensation expenses for Q2 2023 were RMB 35,027, up from RMB 33,236 in Q2 2022, reflecting an increase of approximately 5.4%[42] Asset and Liability Management - Total current assets as of June 30, 2023, were RMB 3,914,586, slightly up from RMB 3,890,178 as of December 31, 2022[33] - Cash and cash equivalents decreased to RMB 1,492,949 as of June 30, 2023, from RMB 1,703,626 as of December 31, 2022[33] - Total liabilities increased to RMB 1,226,378 as of June 30, 2023, compared to RMB 1,167,083 as of December 31, 2022[34] - The company’s total shareholders' equity decreased to RMB 3,781,535 as of June 30, 2023, from RMB 3,881,672 as of December 31, 2022[34] Market Presence - AHS Recycle debuted as a trade-in service provider on Apple's official website, enhancing the company's market presence[20] - The company expects to continue expanding its market presence and enhancing brand recognition, although specific numerical guidance was not provided[30]

1Q23 INVESTOR PRESENTATION Safe Harbor Forward-looking Statements This presentation has been prepared by ATRenew Inc. (the “Company”) solely for informational purposes. This presentation contains forward- looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements reflect the Company’s current expectations and projections with respect to, among other things, our financial condition, results of operations, plans, objectives, future perf ...

Financial Data and Key Metrics Changes - Total revenues increased by 30.2% year-over-year to RMB 2,871.8 million, exceeding guidance [5][19] - Non-GAAP operating income reached a record of RMB 44.4 million, with an adjusted operating margin of 1.5% [5][25] - Gross margin at the group level was 21.6%, with 1P business gross margin at 12.5% [22][25] Business Line Data and Key Metrics Changes - 1P product revenue increased by 34.9% to RMB 2,575.2 million, driven by strong sales of refurbished devices [19][20] - Service revenue was nearly RMB 300 million, remaining flat year-over-year, but the take rate increased from 4.15% to 5.46% [10][20] - Overall sales of refurbished devices increased to 145 million, with consumer sales reaching 140 million and a gross margin of 25% [9][25] Market Data and Key Metrics Changes - Apple products accounted for 45% of total business and 60% of 1P business, indicating strong brand resilience [7] - Monthly GMV for non-electronics new categories surpassed RMB 70 million, reflecting growth in new category recycling [13][32] Company Strategy and Development Direction - The company aims to expand refurbishment operations to more regions and product categories, including tablets and smartwatches [36] - Focus on enhancing operational efficiencies through automation and AI technology to optimize cost structure [14][25] - Continued emphasis on multi-category recycling services to leverage consumer trust and expand revenue streams [32][34] Management Comments on Operating Environment and Future Outlook - Management noted a rapid recovery in offline retail and consumer demand post-reopening, with expectations for sustained growth [5][30] - Anticipated year-over-year revenue growth of 32.8% to 37.5% in the second quarter, driven by major promotions and improved trading services [31] - Commitment to enhancing brand influence and consumer education on recycling and circular economy practices [16][17] Other Important Information - The company repurchased over 1.4 million ADSs for a total cash consideration of US$4.1 million during the first quarter [26] - Cash and cash equivalents totaled RMB 2.5 billion as of March 31, 2023, ensuring a sustainable growth outlook [25] Q&A Session Summary Question: Outlook for the economy in China and consumption of electronics products - Management observed a significant surge in business volume post-reopening and expects sustained demand for trading services driven by promotions [30] Question: Progress of multi-category recycling services - Management highlighted successful scaling in categories like high-value bags and watches, with significant trading volume and GMV growth [32][33] Question: Strategic targets for repair businesses and impact on net profit - Management anticipates stable gross margins for refurbished devices and plans to expand refurbishment capabilities across more product categories [35][36] Question: Reasons for improved adjusted operating margin and outlook for the year - Improved cost efficiencies from automation and optimized operational processes contributed to the increased operating margin, with expectations for continued improvement [39][41]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Title of each class Trading Symbol Name of each exchange on which registered American depositary shares (every three ADSs represent two Class A ordinary shares, par value US$0.001 per share) RERE New York Stock Exchange FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fi ...

[Form 6-K: Supplemental Submission Regarding HFCAA](index=1&type=section&id=Form%206-K%3A%20Supplemental%20Submission%20Pursuant%20to%20Item%2016I%28a%29%20of%20Form%2020-F) This Form 6-K provides supplemental information regarding ATRenew Inc.'s identification as a 'Commission-Identified Issuer' under the HFCAA and details its shareholder structure [Background and Identification under HFCAA](index=2&type=section&id=Background%20and%20Identification%20under%20HFCAA) ATRenew Inc. provides this submission in response to its SEC identification as a 'Commission-Identified Issuer' under the HFCAA due to its auditor's location in mainland China - On May 4, 2022, the SEC identified ATRenew Inc. as a **'Commission-Identified Issuer'** under the HFCAA[3](index=3&type=chunk) - This identification stemmed from the company's use of Deloitte Touche Tohmatsu Certified Public Accountants LLP, an audit firm in mainland China, where PCAOB inspections were previously restricted[3](index=3&type=chunk) [Analysis of Government Control and Shareholder Structure](index=2&type=section&id=Analysis%20of%20Government%20Control%20and%20Shareholder%20Structure) This section details the company's major shareholder structure as of February 28, 2023, asserting no governmental control from mainland China - The company believes it is not owned or controlled by a governmental entity in mainland China[4](index=4&type=chunk) Major Shareholder Breakdown as of February 28, 2023 | Shareholder Group | % of Total Shares | % of Voting Power | Key Controlling Parties | | :--- | :--- | :--- | :--- | | C&XF Group Limited | 7.6% | 42.2% | Mr. Kerry Xuefeng Chen (sole shareholder) | | JD entities | 33.5% | 36.0% | Entities ultimately linked to JD.com, Inc. | | 5Y Capital entities | 12.8% | 4.7% | Controlled by TMT General Partner Ltd. and Shanghai Xingpan Investment Management Consulting Co., Ltd. | | Tiger entities | 5.1% | 1.9% | Tiger Global Management, LLC and related entities (as of Nov 30, 2022) | - Excluding the four major groups, no other shareholder held more than **5%** of the company's outstanding shares as of February 28, 2023[4](index=4&type=chunk) [Conclusion on Government Control](index=3&type=section&id=Conclusion%20on%20Government%20Control) The company concludes it is unaware of any mainland China governmental entity directly or indirectly influencing its management or policies - The company is unaware of any mainland China governmental entity possessing power to direct its management and policies[9](index=9&type=chunk) [Signatures](index=4&type=section&id=Signatures) This section confirms the formal signing and authorization of the report by ATRenew Inc.'s Chief Financial Officer - The report was signed by **Chen Chen**, Chief Financial Officer of ATRenew Inc., on **April 18, 2023**[10](index=10&type=chunk)

4Q22 INVESTOR PRESENTATION Safe Harbor Forward-looking Statements This presentation has been prepared by ATRenew Inc. (the “Company”) solely for informational purposes. This presentation contains forward- looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements reflect the Company’s current expectations and projections with respect to, among other things, our financial condition, results of operations, plans, objectives, future perf ...

Financial Data and Key Metrics Changes - In Q4 2022, total revenue reached RMB2.98 billion, a year-over-year growth of 22.4%, and for the full year, total revenue was RMB9.87 billion, increasing by 26.9% [6][18] - Non-GAAP operating income for Q4 was RMB34.6 million, with a full-year operating income of RMB6.9 million, indicating a profitable quarter [12][18] - Cash and cash equivalents totaled RMB2.8 billion as of December 31, 2022, ensuring a sustainable growth outlook [24] Business Line Data and Key Metrics Changes - The 1P business grew by 30.4% in 2022, significantly contributing to overall revenue growth [6] - Net product revenues increased by 29.5% to RMB2.69 billion in Q4, while net service revenues decreased by 18.5% to RMB293.3 million [20] - The overall take rate for marketplaces rebounded to 4.8%, with core services take rate increasing to 6.9% [8][20] Market Data and Key Metrics Changes - The penetration rate of consumer electronics recycling in China remains low at 4% to 5%, indicating a significant addressable market [13] - The company observed a significant year-over-year increase in restructuring volume during the holiday period as consumer willingness to sell idle goods increased [31] Company Strategy and Development Direction - The company is focusing on a city-level service integration strategy to enhance recycling participation and improve trading services [13] - Plans to expand into new categories such as luxury bags, watches, and jewelry, aiming to standardize service and pricing for non-standard recycling [34] - Continued automation of the supply chain is a priority, with expectations of improved cost efficiency and quality control [15] Management Comments on Operating Environment and Future Outlook - Management expressed confidence in revitalizing transaction activity as the economy normalizes post-COVID, with expectations for profitable quarters ahead [11][33] - The company anticipates a gradual recovery in sourcing and fulfillment functions, with a focus on improving non-GAAP operating margins in the coming years [20][41] - Management highlighted the importance of enhancing user experience and operational capabilities to drive growth in the recycling business [36] Other Important Information - The company recognized impairment losses of RMB1.82 billion on goodwill and RMB206.9 million on intangible assets due to market conditions [25] - A share repurchase program was extended, reflecting management's confidence in the company's fundamentals [26] Q&A Session Summary Question: Long-term industry growth opportunities post-COVID - Management believes the supply-driven industry remains unchanged, with a focus on improving user experiences and expanding recycling services [30] Question: Key sources of future profitability - Management highlighted the shift to prioritizing high-quality controllable GMV business and optimizing sales and marketing spending as key to achieving profitability [38] Question: Measures taken to improve sales and marketing efficiency - Management noted a prudent approach to selling and marketing expenses, focusing on ROI and optimizing marketing strategies across different marketplaces [44]

ATRenew Inc. (NYSE:RERE) Q3 2022 Earnings Conference Call November 22, 2022 7:00 AM ET Company Participants Jeremy Ji - Director of Corporate Development and IR Kerry Chen - Co-Founder, Chairman and CEO Rex Chen - CFO Conference Call Participants Joyce Ju - Bank of America Operator Good morning, and good evening, ladies and gentlemen. Thank you for standing by, and welcome to the ATRenew Incorporated Third Quarter 2022 Earnings Conference Call. At this time, all participants are in a listen-only mode. We wi ...

Exhibit 99.1 ATRenew Inc. Reports Unaudited Third Quarter 2022 Financial Results SHANGHAI, November 22, 2022 /PRNewswire/ -- ATRenew Inc. ("ATRenew" or the "Company") (NYSE: RERE), a leading technology-driven pre-owned consumer electronics transactions and services platform in China, today announced its unaudited financial results for the third quarter ended September 30, 2022. Third Quarter 2022 Highlights Mr. Kerry Xuefeng Chen, Founder, Chairman, and Chief Executive Officer of ATRenew, commented, "In the ...