Sign in

You're signed outSign in or to get full access.

Jiao Wan

Vice President and analyst at China International Capital Corporation

Jiao Wan is a Vice President and analyst at China International Capital Corporation, specializing in equities research and coverage of major Chinese companies across the technology and industrial sectors. She is recognized for her detailed analysis and investment insights on leading firms such as Tencent, Alibaba, and Ping An Insurance, earning consistently strong performance metrics with a documented success rate above sector average and notable returns on recommended positions. Jiao began her career as an analyst after earning an advanced finance degree, joining CICC in 2017 following early experience at a tier-one investment firm where she developed expertise in quantitative modeling and sector rotation strategies. She holds relevant professional credentials for securities analysis and trading in China, including CSRC-issued licenses, and has received internal recognition for her analytical contributions to several top-rated research reports.

Jiao Wan's questions to ATRenew (RERE) leadership

Question · Q1 2025

Wan Jiao from China International Capital Corporation asked for an update on the progress of AHS Recycle store openings in the first quarter, in light of the company's full-year target to add a net of 800 stores.

Answer

Founder, Chairman & CEO Kerry Chen reported that as of Q1-end, the total AHS Recycle store count reached 1,886, a net increase of 458 year-over-year. He noted a strategic conversion of some joint-operated stores to self-operated in key cities to better manage subsidy-driven demand. Additionally, the door-to-door fulfillment team was expanded to 1,000 people to enhance face-to-face service capabilities, which have higher customer satisfaction.

Ask follow-up questions

Fintool

Fintool can predict ATRenew logo RERE's earnings beat/miss a week before the call

Question · Q4 2024

Jiao Wan asked about ATRenew's progress in cost reduction via automation and inquired about plans to integrate advanced AI models, like DeepSeek, to further optimize business operations.

Answer

Xuefeng Chen Kerry, Founder, Chairman and CEO, confirmed the extensive use of AI in their automated quality inspection centers for image recognition, which has improved accuracy and cut costs. He added that the company is actively deploying open-source large language models for efficiency gains and plans to further integrate AI in 2025 into intelligent customer service, quality inspection, and pricing to drive more value.

Ask follow-up questions

Fintool

Fintool can write a report on ATRenew logo RERE's next earnings in your company's style and formatting