Joyce Yu's questions to ATRenew Inc (RERE) leadership • Q2 2025
Question
Joyce Yu from Bank of America inquired about ATRenew's growth expectations for the second half of the year, considering the strong first-half performance and a high comparison base in Q3 due to prior national subsidies. She also asked for any updated full-year revenue and profit targets.
Answer
Management expressed confidence in meeting second-half revenue growth targets, citing the long-term potential of the circular economy and upcoming new device launches in September. They highlighted two core strategies: maximizing recycling and fulfillment capabilities and establishing AHS Recycle as a leading brand. While maintaining a healthy profit outlook, they noted that scale effects are expected to drive operating profit margin improvements starting next year.