On August 20, 2026, ATRenew released its financial results for the second quarter of 2026. The Group recorded RMB 6.61 billion in total revenue, up 32.4% year-over-year and exceeding the high end of its prior revenue guidance range. Non-GAAP operating profit grew 70.1% year-over-year to RMB 210 million, with non-GAAP operating margin expanding from 2.4% a year earlier to 3.1%; non-GAAP net income totaled RMB 160 million, up 57.3% year-over-year. As of the end of the second quarter of 2026, the Group's cash and cash equivalents, restricted cash, short-term investments, and balances held in third-party payment platforms totaled RMB 2.16 billion, reflecting a solid financial position. Operationally, the Group's offline store network covered 299 cities nationwide with a total of 2,117 stores, while its on-site delivery team headcount approached approximately 3,000. Revenue from compliance refurbished products grew 87.8% year-over-year, and 1PtoC retail revenue grew 92.4% year-over-year.

According to Counterpoint Research's latest data, the global smartphone market showed notable divergence in 2Q26: despite a decline in shipments, revenue grew 7% YoY to a record USD 109 billion in the quarter, while the average selling price (ASP) climbed 17% YoY to USD 400 — both hitting record highs for a second quarter. Apple stood out particularly: in 2Q26, Apple's revenue share rose to 49%, the highest on record for any second quarter, with quarterly revenue up 22% YoY, shipments up 13% YoY and ASP up 8% YoY, fueled by strong demand for the iPhone 17 series — especially the base iPhone 17 and the iPhone 17 Pro Max. While most competitors raised prices aggressively, Apple largely held its pricing steady, demonstrating its ability to absorb rising BOM costs, and delivered notable share gains in China, Europe and emerging markets. At the premium tier, premium smartphones (defined as wholesale price ≥ USD 600) accounted for 29% of total global smartphone sales in 1H26, up from 25% in 1H25 and a new record high, with OEMs actively promoting premium adoption through trade-in, installment and buyback programs.

On August 15, CCTV's Xinwen Lianbo aired a special report titled 'China accelerates green development through multi-pronged measures' around the 2026 National Ecology Day. The report explicitly noted that during the 15th Five-Year Plan period, the country will accelerate the upgrade of dismantling capacity for key renewable resources including used electromechanical equipment, vehicles and consumer electronics, and support the establishment of national key laboratories in resource recycling utilization, with a goal of reaching RMB 8 trillion in resource recycling industry output by 2030. The report also showcased ATRenew's state-of-the-art automated operation center in Dongguan, Guangdong, presenting the Company's self-developed core technologies — AI visual inspection, automated assembly-line sorting and secure data erasure.