ATRenew Inc. Announces Appointment of New Director

Core Viewpoint - ATRenew Inc. has appointed Mr. Mervin Ye Zhou to its board of directors, filling the vacancy left by Mr. Lijun Xin's resignation, which reflects the company's commitment to strategic growth and excellence [1][3]. Company Overview - ATRenew Inc. is a leading technology-driven platform for pre-owned consumer electronics transactions and services in China, established in 2011 [4]. - The company aims to address the environmental impact of pre-owned electronics by facilitating recycling and trade-in services, thereby prolonging the lifecycle of devices [4]. - ATRenew integrates C2B, B2B, and B2C capabilities, providing end-to-end coverage of the entire value chain with proprietary inspection, grading, and pricing technologies [4]. New Board Member Profile - Mr. Mervin Ye Zhou is currently a vice president at JD.com, overseeing strategic investments, mergers and acquisitions, and portfolio management [2]. - He has over 10 years of experience at SoftBank China Venture Capital and previously worked at McKinsey & Company as an Engagement Manager [2]. - Mr. Zhou holds a bachelor's degree in electronic engineering from Tsinghua University and a Ph.D. in electrical engineering and computer sciences from UC Berkeley [2]. Leadership Statement - Mr. Kerry Xuefeng Chen, the Founder, Chairman, and CEO of ATRenew, expressed gratitude to Mr. Lijun Xin for his contributions and welcomed Mr. Zhou, highlighting his extensive experience in business and finance as valuable for the company's future [3].