Baozun (NasdaqGS:BZUN) Q4 2025 Earnings call March 25, 2026 07:30 AM ET Company ParticipantsCatherine Zhu - CFOChao Xue - Trading DirectorJunhua Wu - Director and Chief Strategy OfficerKen Huang - CEOPeishan Wang - Research AssociateVincent Qiu - Chairman and CEOWendy Sun - Senior Director of Corporate Development and Investor RelationsConference Call ParticipantsAlicia Yap - Equity Research AnalystShuwen Guo - Equity Research AnalystYin Jiawei - Investment Banking AnalystOperatorGood morning, ladies and ge ...