ATRenew(US:RERE) Jin Rong Jie·2025-12-15 15:15Core Viewpoint - The company Wanwu Xingsheng (RERE) has shown significant financial growth, with a notable increase in revenue and net profit, reflecting its strong position in the "Internet + Environmental Protection" sector [1]. Financial Performance - As of September 30, 2025, Wanwu Xingsheng reported total revenue of 14.794 billion RMB, representing a year-on-year growth of 28.88% [1]. - The company's net profit attributable to shareholders reached 206 million RMB, marking a substantial year-on-year increase of 340.45% [1]. Company Overview - Wanwu Xingsheng is a Cayman Islands-registered holding company, primarily operating through its domestic subsidiary, Shanghai Wanwu Xingsheng Environmental Technology Group Co., Ltd. [1]. - Established in 2011, the company positions itself as a circular economy enterprise focused on "Internet + Environmental Protection" [1]. - The company operates four main business lines: Aihui Recycling, Pai Jitang, Paipai, and overseas business AHS Device [1]. - Wanwu Xingsheng aims to integrate social responsibility into its business practices, striving to become a model enterprise for ESG (Environmental, Social, and Governance) [1].