Core Viewpoint - The company Wanwu Xinxing (RERE) has shown significant financial growth, with a notable increase in revenue and net profit, indicating strong performance in the environmental technology sector [1][2]. Financial Performance - As of March 31, 2025, Wanwu Xinxing reported total revenue of 4.653 billion RMB, representing a year-on-year growth of 27.45% [1]. - The company's net profit attributable to shareholders reached 42.8 million RMB, marking a substantial increase of 146.09% year-on-year [1]. Upcoming Events - Wanwu Xinxing is scheduled to disclose its mid-year financial report for the fiscal year 2025 on August 19, with the actual date subject to company announcements [2]. Company Overview - Wanwu Xinxing is a Cayman Islands-registered holding company, primarily operating through its domestic subsidiary, Shanghai Wanwu Xinxing Environmental Technology Group Co., Ltd. [2]. - Established in 2011, the company positions itself as a "Internet + Environmental Protection" circular economy enterprise, focusing on sustainability and social responsibility [2]. - The company operates four main business lines: Aihuishou, Pajitang, Paipai, and overseas business AHS Device, all aimed at maximizing resource utilization [2].
万物新生上涨2.34%,报3.49美元/股,总市值7.67亿美元