In June, AHS Recycle opened a sports-themed racket recycling store and a premium luxury goods recycling store in Shanghai, providing users with a unique secondhand recycling experience through its distinctive product categories and services, setting a new benchmark for the industry. On the 29th, AHS Recycle officially announced Wu Lei as its global brand ambassador, working with users to practice a green lifestyle through recycle and reuse.
Data from ATRenew during the “618” grand promotion (May 13th to June 18th) shows that the total value of secondhand goods traded in across all categories and channels increased by 42% year-on-year. Total consumer electronics recycling value increased by 57% year-on-year. To highlight, recycling value of smartphones, computers, and tablets saw year-on-year growth of 66%, 65%, and 40% respectively. During the grand promotion, the recycling value of secondhand luxury goods increased by 45% year-on-year, and the number of C2B to-door and in-store recycling orders increased by 45% year-on-year. 1P-to-C retail sales across all channels increased by nearly 80% year-on-year.
On June 30th, ATRenew published its 2025 Environmental, Social and Governance Report (the “ESG Report”), highlighting multiple improvements. ATRenew advanced climate risk management and emissions reduction. Aligned with the IFRS S2 framework, the Company comprehensively identified climate-related risks and opportunities and quantitatively assessed their specific impacts on financial performance. The Company also actively advanced carbon emissions reduction: compared to 2024, the Company reduced its Scope 1 and Scope 2 emissions intensity by 9.5% in 2025, demonstrating steady progress toward its 2030 target of a 35% reduction. On strengthened business ethics, the Company conducted integrity training sessions, reaching 15,124 participants. Signing rates reached 100% for integrity and self-discipline, confidentiality, and other relevant codes and undertakings. In addition, 2,178 suppliers signed the Anti-Commercial Bribery Agreement, embedding integrity standards across the workforce and supply chain.