ATRenew hosts new-year townhall and awards star employees of 2022
On February 21, ATRenew continued its tradition of annual townhall following the Chinese New Year during which the General Manager Office awarded the outperforming employees of 2022. Yongliang Wang, president of the company delivered an annual speech on behalf of the General Manager Office, reviewing the decision-making process in 2022 which prioritized making subtractions and focusing on the core recycling business against the headwinds caused by the covid-19 epidemic. Looking into 2023, Yongliang reiterated the core strategies of the Company, including continuously advancing the recycling penetration rate of the core consumer electronics category through “city-level service integration” strategy, strengthening compliant refurbishing capabilities to improve the value of the industrial chain, maximizing the value of the leading domestic recycling brand “AHS Recycle”, and continuing to invest and amplify automation efficiency.