Financial Performance - Net revenues reached RMB 1,129 million, a 49% year-over-year increase[11] - Gross profit was RMB 353 million, with a year-over-year growth of 71%[8,9] - Non-GAAP operating profit amounted to RMB 188 million, showing a 124% year-over-year increase[8,10] - Gross margin steadily improved, reaching 31.2% in 2025 Q3[38,120] Capital Resources - Total capital resources stood at RMB 15.4 billion[11] - Cash and cash equivalents amounted to RMB 3.5 billion[11] - Operating cash flow generated was USD 501 million[14] Shareholder Value - Total capital returned to shareholders since IPO reached RMB 0.4 billion, with 66% in the form of share repurchases[17] Business Growth - International business experienced significant growth, outperforming the industry average, with a 72% year-over-year increase in revenues from international business[7,34,35] - The company achieved a moderate recovery in its Mainland China business[7]