Core Insights - Jiangnan Buyi Limited reported a total revenue increase of 4.6% year-on-year to RMB 5.548 billion for the fiscal year ending June 30, 2025, with a gross margin of 65.6% and a net profit increase of 6% to RMB 899 million [2] Revenue Breakdown - Online channel sales increased by 18.3% to RMB 1.201 billion, contributing significantly to overall revenue growth [2] - The core brand JNBY saw a revenue increase of 2.3% to RMB 3.013 billion, accounting for 54.3% of total revenue [2] - Emerging brands, including POMME DE TERRE, JNBYHOME, onmygame, and B1OCK, experienced a remarkable revenue growth of 107.4% to RMB 361 million, representing 6.5% of total revenue [2] Membership and Consumer Behavior - Membership contributed over 80% of total retail sales, with active member accounts increasing to over 560,000 [3] - The number of member accounts with total purchases exceeding RMB 5,000 rose to over 330,000, with total spending reaching RMB 4.86 billion [3] Retail Network Expansion - The total number of independent retail stores increased from 2,025 to 2,117, covering all provinces in mainland China and 10 other countries and regions [4] - The company established 22 multi-brand collection stores under the "Jiangnan Buyi+" brand [4] Sustainability Initiatives - The proportion of sustainable raw materials reached 30.6%, exceeding the target of 30%, with an increase of 8.2% from the previous fiscal year [4] - The company aims to enhance its carbon management strategy and will release its first independent ESG report [6] Strategic Focus - The company aims to achieve a retail target of RMB 10 billion for the fiscal year 2026, focusing on deepening its domestic retail layout [6] - Jiangnan Buyi plans to continue nurturing existing brands while incubating new brands to create additional growth opportunities [6]
江南布衣2025财年总收入超55亿元 会员消费贡献占八成