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RERE.US Corporate Blog – August 2025
Below is a summary of the recent business development of the Company and the industry headlines in August 2025. Regarding the operational metrics, please refer to the Company's quarterly earnings release and its filings with the U.S. SEC.
Key highlights
In August, the net addition of 38 new franchise stores expanded ATRenew's fulfillment coverage to mid- and low-tier cities across Guangdong, Hunan, Hubei, Zhejiang, Jiangsu, and Jilin provinces.
ATRenew released its financial results for the second quarter of 2025, with total revenue reaching RMB4.99 billion, exceeding the high end of the guidance range and representing a 32.2% year-over-year increase. Non-GAAP operating profit rose by 28.9% year over year to RMB120 million. As of June 30, 2025, the total number of AHS stores reached 2,092, maintaining a rapid growth trajectory. Additionally, the company announced that its board of directors approved a three-year shareholder return plan on August 18, which commits to returning no less than 60% of its non-GAAP net profit of each fiscal year, commencing with 2025, to shareholders through dividends, share repurchases, or a combination of both.
AHS Recycle's Green Wallet was officially launched on August 1, allowing users to receive incentives for participating in eco-friendly recycling. The balance can be withdrawn at any time or used to redeem high-value products and benefits—either for free or at ultra-low prices—through the "REVIVE" initiative, integrating sustainable consumption into the daily lives of a broader range of consumers.
ATRenew launched the "August Magic Summer Camp" for children of its employees, offering a variety of daily activities beyond academic sessions. These included special thematic courses and educational programs on the circular economy and green recycling. The initiative aimed to help children develop well-organized study patterns and a healthy lifestyle, while fostering awareness of sustainable consumption, thereby alleviating childcare pressures for employees during the summer break.
Industry news
NDRC to continue implementing subsidies for consumer goods trade-in in a smooth and orderly manner
On August 29, at a press conference, the National Development and Reform Commission (NDRC) said that China will implement the subsidies for consumer goods trade-in in a steady and orderly manner to expand domestic demand and boost consumption. The policy will be well-aligned to stimulate market vitality. Meanwhile, China will expand investment, especially in projects related to people's livelihoods, and study further increasing central investment support to reduce the pressure on local funding.