Core Insights - Youzan (08083) reported a revenue of approximately RMB 710 million for the first half of 2025, representing a year-on-year growth of about 4% [1] - The company achieved a net profit of approximately RMB 73 million, marking a turnaround from losses, with a net profit margin rising to about 10% [1] - Operating cash inflow for the first half of 2025 was approximately RMB 87 million [1] Business Performance - The Gross Merchandise Volume (GMV) generated by merchants using Youzan's solutions was approximately RMB 49.8 billion in the first half of 2025 [1] - The average sales per merchant in the first half of 2025 was about RMB 930,000, reflecting a year-on-year increase of approximately 11% [1] - The GMV from store SaaS showed year-on-year growth, and the number of paying merchants for store SaaS increased compared to the end of 2024 [1] Future Goals - The company's operational goal for 2025 is to achieve business growth while steadily increasing profit margins [1] - Youzan aims to enhance the silicon content across various business segments and build an intelligent organization [1]