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Baozun Releases 2024 Chairman Letter

SHANGHAI, April 23, 2025 /PRNewswire/ — 

Dear Shareholders:

On behalf of the Board of Directors and the management team at Baozun, I would like to express our deepest appreciation for your continued support and trust — especially during a year marked by global volatility and uncertainty across capital markets.

Adapting to a Changing Environment

In response to a rapidly shifting macroeconomic and digital landscape, Baozun continued its strategic transformation in 2024 to stay agile, competitive, and future-ready. Our evolution is more than a vision — it’s a deliberate strategy to align with changing consumer behavior, market dynamics, and emerging technologies.

2024: A Year of Strategic Progress

Despite external headwinds, Baozun achieved 7% year-over-year revenue growth in 2024 and reached operating profit breakeven — an important milestone that demonstrates our disciplined execution and operational efficiency.

Baozun e-Commerce (BEC) returned to topline growth in 2024 after two consecutive years of contraction, while also delivering expansion in its non-GAAP operating margin. To navigate an ever-evolving market, we enhanced our creative content capabilities and leveraged proprietary technologies to help brand partners capitalize on platform interconnectivity, data intelligence, and AI-driven efficiencies. By year-end, BEC supported over 490 brand partners, up from more than 450 in 2023. Our Net Promoter Score (NPS), measured by Neilsen, rose to 8.53 from 8.23 the previous year — reflecting the trust we’ve built with our partners and reinforced by a strong 95% renewal rate among key accounts. Once again, we were recognized as a Top Service Provider on both the Alibaba and Tencent WeChat ecosystems. In 2024, we also earned top awards across additional platforms, including Douyin, JD.com, and Rednote.

Baozun Brand Management (BBM) delivered 16% revenue growth in 2024 while narrowing adjusted operating losses by 10%. Our China-for-China strategy continues to evolve with promising progress, particularly in product innovation, marketing, and channel development. We worked closely with Gap Inc. to strengthen the brand’s DNA and enhance our localization efforts. Throughout the year, we optimized our offline store network and leveraged a strategic partnership model to expand in emerging cities — further sharpening our competitive edge while mitigating expansion risk. By the end of 2024, the total number of Gap stores in China increased to 152, and store-level unit economics showed a healthy upward trend.

Baozun International (BZI), represents a long-term growth opportunity, and we continue to lay a solid foundation for the business and its supporting infrastructure. In 2024, we expanded our regional presence by introducing Hunter, another BBM brand, to Singapore and Malaysia, while building a strong team across Southeast Asia. These strategic moves broaden our market access and strengthen synergies across business lines.

Technology as a Catalyst for Efficiency and Innovation

We believe our strength in technology — applied across operations and business transformation — is central to Baozun’s identity. Building on this foundation, we continue to advance our capabilities and drive innovation in technology monetization, capitalizing on the momentum of omnichannel growth and the seamless integration of online and offline experiences.

We are proud that Baozun has been recognized as a Representative Vendor in Gartner’s 2024 Market Guide for Distributed Order Management Systems (“OMS”) and Direct-to-Consumer (“DTC”) solutions. Tailored for the Chinese market, our OMS and DTC offerings provide a secure, scalable, and flexible commerce platform, empowering our brand partners to accelerate their growth. In 2024, we further enhanced generative AI and large language models in operations, offering agile and sustainable digital transformation.

Advancing Sustainability

As we move forward in our journey, we remain steadfast in our commitment to leading the e-commerce industry toward a more efficient, inclusive, and sustainable future. We employ a green operations strategy to reduce our environmental footprint across offices, warehousing, logistics, packaging, and partnerships — efforts that have contributed to significantly reducing our greenhouse gas emissions. In 2024, we achieved ISO 14064 carbon verification for three warehouse and logistics parks, with two attaining PAS 2060 carbon-neutral status.

In addition, we prioritize a “people-first” philosophy in our organizational and community efforts. By fostering a sense of “vitality” through various activities, we help employees feel a strong sense of belonging and happiness, cultivating a positive workplace environment. Our talent strategy emphasizes “individual growth and team success,” establishing a framework that aligns personal achievement with corporate goals.

Looking Ahead

As we enter the final year of our three-year strategic transformation, we remain committed to maintaining our momentum while adapting to a rapidly shifting external landscape. Following the transformation, we anticipate that BEC, our core business, will enter a phase of quality growth, generating consistent and reliable cash flow. BBM is poised to capture new opportunities and create value for brand equity, driving additional revenue and becoming our new growth driver. By diversifying our revenue streams and ensuring solid financial stability, we aim to position the company for long-term success and resilience in an ever-evolving market.

We are grateful to our employees, customers, and partners for their dedication. We have also further strengthened our leadership team, bringing in deep expertise, strategic vision, and entrepreneurial zeal.

Together, we have navigated adversity and achieved measurable progress. With a continued focus on innovation, operational excellence, and financial discipline, I am confident in Baozun’s future and remain committed to delivering sustainable and long-term value.

Thank you for your continued support and confidence in our vision.

Sincerely,
Vincent Wenbin Qiu
Chairman and Chief Executive Officer
Baozun Inc.

About Baozun Inc.

Founded in 2007, Baozun Inc. is a leader in brand e-commerce service, brand management, and digital commerce service. It serves more than 490 brands from various industries and sectors around the world, including East and Southeast Asia, Europe and North America as of December 31, 2024.

Baozun Inc. comprises three major business lines — Baozun e-Commerce (BEC), Baozun Brand Management (BBM) and Baozun International (BZI) and is committed to accelerating high-quality and sustainable growth. Driven by the principle that “Technology Empowers the Future Success,” Baozun’s business lines are devoted to empowering their clients’ business and navigating their new phase of development.

For more information, please visit http://ir.baozun.com.

For investor and media inquiries, please contact:

Baozun Inc.
Ms. Wendy Sun
Email: 
ir@baozun.com 

IFS Launches Accelerator to Help SAP Customers Rapidly Migrate to IFS Cloud and Unlock New Value

Demand from SAP ecosystem leads to launch of new accelerator  

BIRMINGHAM, England, April 23, 2025 //PRNewswire// — IFS, the leading provider of enterprise cloud and Industrial AI software, has today launched a new migration accelerator service, designed to help SAP customers move seamlessly and quickly from existing SAP systems to IFS Cloud and immediately start generating value from Industrial AI.  

With many SAP customers in the process of modernizing and rethinking their enterprise landscape, the IFS accelerator offers a proven, low-risk approach for businesses to migrate their technology estate, empowering them to break free from monolithic, legacy systems and take advantage of IFS.ai. This shift towards a multi-vendor, multiplatform, digital ecosystem drives transformation and business agility through a modern, composable tech stack. 

The accelerator service enables SAP customers to diversify their portfolio of products beyond a singular vendor and deploy IFS Cloud with minimal disruption. The accelerator is tailored to address the complexity and risk often associated with enterprise software migrations, providing a clear, structured path to accelerate cloud adoption while reducing costs, time, and potential challenges.  

The accelerator unifies data management, migration, and continuous system optimization, keeping the process seamless and secure for customers. Building on the proven success of IFS Cloud and IFS.ai, the migration offering supports diverse data sources and is set to expand compatibility with additional platforms, delivering a resilient, future-ready foundation. 

“IFS has already helped hundreds of companies successfully migrate all or part of their technology estate from legacy vendors to IFS Cloud,” said Max Roberts, Chief Operations Officer at IFS. “CEOs, CFOs, and CIOs from the world’s largest organizations are rethinking their approach to technology and operations. By leveraging IFS.ai through IFS Cloud, businesses can automate workflows and seamlessly integrate AI into their operations, dramatically improving efficiency and reducing costs. An open and composable platform like IFS Cloud, empowers companies to unlock the full potential of automation and digital transformation. Applying AI in the industrial setting is arguably the greatest growth driver we can have for society.” 

The IFS accelerator provides a structured approach to rapid ROI and unlocks organizational business value by aligning data around business transformation goals. This is underpinned by a recent IDC study, which found that IFS customers experience an 11-month payback on investment and a 414% three-year ROI with IFS Cloud. Industry specific services have been developed which embed deep business process knowledge across IFS’s six core industries: Aerospace & Defense, Energy & Utilities, Engineering & Construction, Manufacturing, Telco, and Service.  

Contact IFS now to find out more: https://www.ifs.com/ifs-cloud/choice  

IFS Press Contacts: 

EUROPE / MEA / APJ: Adam Gillbe 
IFS, Director of Corporate & Executive Communications 
Email: adam.gillbe@ifs.com   

NORTH AMERICA / LATAM: Mairi Morgan 
IFS, Director of Corporate & Executive Communications 
Email: mairi.morgan@ifs.com  

This information was brought to you by Cision http://news.cision.com

 

Sengkang General Hospital Introduces Photon-Counting CT Scanner to Advance Diagnostic Capabilities

  • New photon-counting CT scanner aims to enhance diagnostic imaging capabilities for SKH.
  • Advanced technology provides clearer images with lower radiation dose, improving diagnostic precision and patient safety.

SINGAPORE, April 23, 2025 /PRNewswire/ — Sengkang General Hospital (SKH) officially launched a new photon-counting computed tomography (CT) scanner today, strengthening its imaging capabilities to enhance diagnostic precision and confidence for better patient care. This next generation technology delivers highly detailed submillimetre images with improved contrast using less radiation compared to conventional CT scanners.

Key representatives from Sengkang General Hospital, SingHealth and Siemens Healthineers.
Key representatives from Sengkang General Hospital, SingHealth and Siemens Healthineers.

How it works
The Siemens Healthineers NAEOTOM Alpha is a Dual-Source Photon-Counting Computed Tomography (PCCT) system that uses advanced photon-counting detector technology. Unlike traditional CT scanners, which convert X-rays into visible light before creating images, this new system directly converts X-ray photons into digital signals with lower radiation.

What this means for patient care
This means safer scans for patients, along with sharper imaging that helps doctors detect and better understand complex conditions. From heart and brain vessel enhancement to delicate internal ear evaluation, this technology opens new possibilities in precision diagnostics and patient care.

Professor Teo Eng Kiong, Chief Executive Officer, SKH shares, “This advanced imaging system demonstrates our commitment to not only provide our patients with enhanced care, but value-based care – delivering better outcomes while optimising resources. With over 1,800 successful cases since November 2024, we are seeing how innovation improves both the effectiveness and efficiency of care, reducing the need for repeat procedures or scans. This is how we are building a more resilient healthcare system that serves our patients needs today and tomorrow.”

Supporting healthcare professionals in decision-making
“We are delighted to witness the launch of our NAEOTOM Alpha Photon-Counting CT scanner at SKH— marking a significant milestone as the first of its kind installation in a public healthcare setting in Southeast Asia,” says Ms Siow Ai Li, Managing Director, Siemens Healthineers Singapore and Malaysia. “With this next generation Photon-counting CT technology, we aim to empower clinicians and radiologists with sharper insights that elevate diagnostic precision and treatment across various clinical disciplines, such as cardiology, pulmonology, and oncology. This milestone reflects our ongoing commitment to shaping the future of healthcare and improving outcomes of patients in Singapore“.

Key clinical benefits include:

  • Clearer images of heart vessels and blood vessels in the brain
  • Better views of delicate structures like the inner ear
  • Earlier detection of lung nodules and diseases
  • Clearer imaging around metal implants
  • Lower radiation exposure, especially beneficial for patients needing frequent scans or those sensitive to radiation

“The high image quality helps us detect diseases earlier, more accurately and with greater confidence. We can now detect small fractures or early signs of bone disease that might otherwise be missed, allowing for earlier treatment and better outcomes,” explains Dr Mohammad Taufik Bin Mohamed Shah, Senior Consultant, Department of Radiology, SKH, who specialises in musculoskeletal imaging.

This press release and a press picture is available at

https://www.siemens-healthineers.com/en-sg/press-room/press-releases-sg/skh-introduces-pcct-scanner 

The product/features mentioned in this press release is/are not commercially available in all countries. Due to regulatory reasons their future availability cannot be guaranteed. Please contact your local Siemens organization for further details. The product and features mentioned in this press release are meant for healthcare professionals only.

Contact for media enquiries, please get in touch with:

Siemens Healthineers
Jo’an Chng
Head of Marketing, Sales Operations and Communications
Phone: +65 8328 1015; E-mail: jo-an.chng@siemens-healthineers.com 

Sengkang General Hospital
Geraldine Lee
Manager, Communications, Sengkang General Hospital
Phone : 6930 3159 ; 9060 8304 ; Email : Geraldine.lee.s.k@skh.com.sg 

Farah Rahman
Senior Executive, Communications, SKH
Phone : 6930 4475 ; 9686 7159 ; Email : Farahliyana.Rahman@skh.com.sg

Siemens Healthineers pioneers breakthroughs in healthcare. For everyone. Everywhere. Sustainably. The company is a global provider of healthcare equipment, solutions and services, with activities in more than 180 countries and direct representation in more than 70. The group comprises Siemens Healthineers AG, listed as SHL in Frankfurt, Germany, and its subsidiaries. As a leading medical technology company, Siemens Healthineers is committed to improving access to healthcare for underserved communities worldwide and is striving to overcome the most threatening diseases. The company is principally active in the areas of imaging, diagnostics, cancer care and minimally invasive therapies, augmented by digital technology and artificial intelligence. In fiscal 2024, which ended on September 30, 2024, Siemens Healthineers had approximately 72,000 employees worldwide and generated revenue of around €22.4 billion. Further information is available at www.siemens-healthineers.com.

Sengkang General Hospital (SKH) plays a vital role in providing quality and accessible care to better serve the healthcare needs in North-Eastern Singapore. Offering a wide spectrum of specialist clinics and co-located with Sengkang Community Hospital, we are a part of the integrated hospital campus delivering multi-disciplinary and patient-centric care covering all major healthcare disciplines. Reflecting on our mission of achieving better health together, SKH’s team of doctors, nurses, and allied health professionals practise multi-disciplinary and team-based care. Patients who need longer-term rehabilitative care can be seamlessly transferred from the general hospital to the community hospital to receive the appropriate care during their recovery. We also work together with polyclinics, general practitioners, and other healthcare providers to ensure timely and appropriate access to specialist care for acute and complex cases.

Enabling residents in the northeast access to national specialty services nearer their homes, SKH has collaborated with KK Women’s and Children’s Hospital, National Cancer Centre Singapore, National Dental Centre Singapore, National Heart Centre Singapore, and Singapore National Eye Centre, to set up satellite clinics within the hospital’s Medical Centre. For more information, visit www.skh.com.sg

 

Foodpanda to Cease Operations in Thailand, Parent Company Announces

A Foodpanda rider (Photo: Thaiger)

Foodpanda will cease its operations in the country on 23 May, its German parent company Delivery Hero announced on 23 April. 

PolyU and Peking University Third Hospital establish Medicine-Engineering Collaborative Innovation Research Laboratory

Opening new frontiers in smart healthcare


HONG KONG SAR – Media OutReach Newswire – 23 April 2025 – The Hong Kong Polytechnic University (PolyU) and Peking University Third Hospital (PUTH) have joined hands to establish the “Medicine-Engineering Collaborative Innovation Research Laboratory”, guided by the shared vision of “interdisciplinary medicine-engineering”. In alignment with the national strategy of “medical-engineering collaborative innovation,” the two institutions aim to drive practical innovation in the field of smart healthcare. The unveiling ceremony of the joint laboratory took place on 17 April in Beijing, marking a significant milestone in deepening collaboration between two leading institutions in the fields of medicine and engineering.

PolyU and PUTH held a joint unveiling ceremony today in Beijing to mark the establishment of the Joint Laboratory for Medical-Engineering Innovation.
PolyU and PUTH held a joint unveiling ceremony today in Beijing to mark the establishment of the Joint Laboratory for Medical-Engineering Innovation.

The ceremony was held in the Surgical Building Conference Hall of PUTH and officiated by Prof. Wing-tak WONG, Deputy President and Provost of PolyU; Prof. H.C. Man, Dean of the Faculty of Engineering of PolyU; Prof. FU Wei, PUTH President, Prof. SHEN Ning, PUTH Vice President and Prof. YUAN Chunhui, Director of the Department of General Surgery of PUTH. The event was witnessed by academic leaders and students from various disciplines, including advanced materials, aerospace engineering, biomedical engineering, and artificial intelligence. The launch and signing ceremony for the laboratory’s three-year scientific research plan also took place at the same occasion.

Prof. Fu Wei, PUTH President, remarked that medicine-engineering collaborative innovation is a driving force behind modern medical advancements. He expressed hope that this collaboration would accelerate the alignment between clinical needs and engineering solutions, promote the rapid translation of innovations, and make a profound impact on the quality of medical technologies.

Prof. Wing-tak Wong, Deputy President and Provost of PolyU, said that PolyU has a solid foundation in healthcare education and a wealth of experience in nurturing medical professionals. He expressed his hope that the establishment of the Joint Laboratory would further leverage PolyU’s strengths in medicine-engineering integration and facilitate collaboration with PUTH to advance medical technology and benefit society at large.

On the same day, the PolyU delegation visited PUTH’s Medical Animal Experimentation Centre and Clinical Teaching Centre to gain an in-depth understanding of its clinical teaching and research facilities. The two institutions also engaged in exchanges on topics such as surgical navigation, virtual reality simulation training, and biomaterials compatibility. The PolyU delegation also visited the campus of Peking University Health Science Center, touring the Peking University Medical Museum to appreciate the mastery of medical pioneers and the evolution of modern medicine in our Nation.

PolyU has extensive experience and a solid foundation in health science education and research. Over the past 40 years, in support of the development of the local healthcare system, PolyU has nurtured over 50,000 allied healthcare professionals in various disciplines, including medical laboratory science, medical imaging, radiotherapy, physiotherapy, occupational therapy, nursing, optometry, prosthetics and orthotics, and speech therapy.

In addition to its collaboration with PUTH, PolyU has established partnerships with several universities in mainland China, and is actively preparing for the establishment of the third medical school in Hong Kong to meet the high demand for quality healthcare services in Hong Kong and the Greater Bay Area.
Hashtag: #PolyU #MedicineEngineeringIntegration

The issuer is solely responsible for the content of this announcement.

Realsee Empowers FIDOVN to Revolutionize Vietnam’s Real Estate Industry Through VR

Technology Reconstructs the Human Habitat

BEIJING, April 23, 2025 /PRNewswire/ — When Vietnamese homebuyers wander through three-dimensional property listings in the cloud via VR, and multinational enterprises complete cross-border talent recruitment through virtual reality, FIDOVN—a tech-driven real estate platform deeply rooted in the Vietnamese market—is redefining ” Work smart – Life chill ” with disruptive technology. Currently, FIDOVN has established Southeast Asia’s first VR+AI+Data Hub OMO ecosystem, leveraging digital infrastructure to drive transformative change in a trillion-dollar market in the post-pandemic era. Behind this innovation lies the product and technical prowess of Realsee, a leading tech company providing digital space integrated solutions.

With world-class 3D reconstruction capabilities and a comprehensive hardware-software product portfolio, Realsee has empowered FIDOVN to elevate its service offerings:

Centered on Realsee’s self-developed professional Galois 3D LiDAR Camera

and the lightweight Realsee G1 Smart Phone Gimbal, FIDOVN has digitized over 10,000 real estate units. Galois is the industry’s first fixed-location laser scanner deployed at scale globally, while the Realsee G1 device enables full spatial replication using only a smartphone. Realsee’s advanced editing systems and software suite allow users to annotate, measure, and enhance 3D models while embedding features like navigation, synchronized co-browsing, AI-guided tours, and instant communication. This “what-you-see-is-what-you-get” experience accelerates decision-making, shortening the property transaction cycle. FIDOVN data reveals a 37% VR-driven conversion rate—triple the industry average.

Powered by Realsee’s technology, FIDOVN established Southeast Asia’s first VR+AI+Data Hub OMO ecosystem, seamlessly integrates online VR tour, virtual interviews, and cloud-based contracts with offline community service hubs covering southern Vietnam’s core regions, enabling 30-minute rapid transactions. This dual empowerment for B2B and B2C users has generated a million-level behavioral data asset. According to Ho Chi Minh City’s Real Estate Association, agencies adopting VR reduced customer acquisition costs by 45%, while 93% of Gen Z buyers prioritize VR experience when selecting agents (per FIDOVN surveys).


An expat engineer in Binh Duong Province remotely selected a Ho Chi Minh City luxury apartment via AI-driven family-structure recommendations, finalizing cross-border ownership at a local hub. A Vietnamese HR director at a Chinese multinational boosted interview rates by 58% through VR scenarios. “These are real FIDOVN success stories where Realsee’s VR technology delivers tangible value,” stated Matthew Zhao, FIDOVN’s founder.

While most firms optimize workflows with technology, FIDOVN—through Realsee’s VR—is reimagining human-space interactions: from VR tour to digital workplaces, smart communities to democratized tech access. In the era of digital-real economy convergence, Realsee’s solutions serve as inclusive infrastructure, empowering FIDOVN to make Work smart – Life chill.

FIDOVN marks a pivotal step in Realsee’s global expansion. Moving forward, Realsee will continue advancing spatial digitization through technological innovation, delivering future-ready solutions to partners in Vietnam and beyond—unlocking infinite possibilities for intelligent, interconnected spaces.

About Realsee

As a leading tech company providing digital space integrated solutions, Realsee has built the world’s largest 3D spatial database by replicating physical spaces, covering over 47 million spaces and boasting over 590 global authorized patents.

Realsee offers digital solutions for your space, spanning from its design and construction stage, to online marketing and visual operation.

Trust Realsee to elevate your real estate transactions, commercial retail, industrial facilities, cultural exhibitions, public affairs, and home decor to the next level.

 

Vantage Markets and Vantage Foundation Partner to Support Grab Indonesia’s Women Driver Program

JAKARTA, Indonesia, April 23, 2025 /PRNewswire/ — Vantage Markets, in  collaboration with its charitable arm, Vantage Foundation through the #TradeforHope initiative, has successfully supported Grab Indonesia’s Women Driver Program – Wiramudi Grab program. This initiative empowered over 3,400 women across multiple cities in Indonesia, create economic opportunities in the ride-hailing industry by providing startup capital, essential equipment, and financial incentives to help them establish a sustainable source of income.

Vantage Markets and Vantage Foundation Partner to Support Grab Indonesia’s Women Driver Program
Vantage Markets and Vantage Foundation Partner to Support Grab Indonesia’s Women Driver Program

The program, which ran from November 2024 to January 2025, achieved remarkable results. It onboarded 1,400 new female drivers and reactivated 2,000 dormant drivers in Jakarta, Bali, Medan, Bandung, Makassar, Semarang, and Yogyakarta. Participants received free driver kits, including jackets and helmets, as well as reactivation incentives to encourage continued participation in the workforce.

The initiative had a tangible economic impact, with participating drivers experiencing a 13% increase in trips compared to those who did not receive support. Beyond financial assistance, the program provided participants with a renewed sense of confidence, independence, and community support.

For Purwati, the program was more than just an opportunity to earn an income—it also helped her build confidence in a new career path: “Joining as a lady Grab driver has been incredibly helpful in earning my own income and gaining new knowledge. Plus, I’ve received great benefits like jackets, helmets, and even cosmetics! These small gestures mean a lot. Thank you so much for the support!”

Vantage Markets and Vantage Foundation Partner to Support Grab Indonesia’s Women Driver Program
Vantage Markets and Vantage Foundation Partner to Support Grab Indonesia’s Women Driver Program

The Wiramudi Grab Program has demonstrated the power of corporate responsibility and strategic partnerships in fostering economic empowerment and workforce inclusion. By breaking down barriers to entry, the program has provided thousands of women with a chance to generate sustainable income while promoting greater gender diversity in Indonesia’s ride-hailing sector.

Marc Despallieres, CEO of Vantage Markets, emphasised the importance of this collaboration: “At Vantage Markets, we believe that financial independence should be accessible to everyone, and we are committed to supporting initiatives that create real, lasting impact. Our partnership with Vantage Foundation and Grab Indonesia is a testament to the power of collective action in driving meaningful change. By empowering women with resources, training, and financial support, we are not only helping them secure a stable income but also fostering a more inclusive and sustainable future. We look forward to expanding this partnership and continuing to support communities in need.”

The #TradeForHope campaign is part of Vantage’s ongoing efforts to integrate social responsibility into its operations. By giving back through initiatives like these, Vantage is paving the way for a more inclusive and sustainable future for the communities it serves.

About Grab

Grab is a leading superapp in Southeast Asia, operating across the deliveries, mobility and digital financial services sectors. Serving over 700 cities in eight Southeast Asian countries – Cambodia, Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam – Grab enables millions of people everyday to order food or groceries, send packages, hail a ride or taxi, pay for online purchases or access services such as lending and insurance, all through a single app. Grab was founded in 2012 with the mission to drive Southeast Asia forward by creating economic empowerment for everyone. Grab strives to serve a triple bottom line – we aim to simultaneously deliver financial performance for our shareholders and have a positive social impact, which includes economic empowerment for millions of people in the region, while mitigating our environmental footprint.    

About Vantage Foundation

Vantage Foundation is an independent charitable organisation launched at the McLaren Technology Centre in the UK in 2023. The foundation has worked with charity organisations around the world, including the iREDE Foundation in Nigeria, Teach For Malaysia in Malaysia, and Instituto Claret in Brazil.

For more information, please visit www.vantage.foundation

Disclaimer: This press release is for informational purposes only and does not constitute financial advice or an offer of any financial products or services. The charitable activities described herein are conducted by Vantage Foundation with support from Vantage Markets. These activities are entirely separate from any financial services offered by Vantage Markets. This article is solely intended to describe corporate social responsibility efforts and does not imply any endorsement or partnership related to financial products or services. Readers are advised to seek independent professional advice before making any investment or financial decisions. Any reliance you place on the information presented is strictly at your own risk.

RISK WARNING: CFDs are complex instruments and carry a high risk of losing money rapidly due to leverage. Ensure you understand the risks before trading.

Uxin to Report Fourth Quarter and Full Year 2024 Financial Results on April 30, 2025

BEIJING, April 23, 2025 /PRNewswire/ — Uxin Limited (“Uxin” or the “Company”) (Nasdaq: UXIN), China’s leading used car retailer, today announced that it will release its financial results for the fourth quarter and full year 2024 ended December 31, 2024, before the U.S. market opens on April 30, 2025.

Uxin’s management team will host a conference call on Wednesday, April 30, 2025, at 8:00 A.M. U.S. Eastern Time (8:00 P.M. Beijing/Hong Kong time on the same day) to discuss the financial results. In advance of the conference call, all participants must use the following link to complete the online registration process. Upon registering, each participant will receive access details for this conference including an event passcode, a unique access PIN, dial-in numbers, and an e-mail with detailed instructions to join the conference call.

Conference Call Preregistration: https://dpregister.com/sreg/10199329/ff08f81804

A telephone replay of the call will be available after the conclusion of the conference call until May 7, 2025. The dial-in details for the replay are as follows:

U.S.:  

+ 1-877-344-7529

International:  

+1 412 317 0088

Replay PIN: 

6757589

A live webcast and archive of the conference call will be available on the Investor Relations section of Uxin’s website at http://ir.xin.com/.

About Uxin

Uxin is China’s leading used car retailer, pioneering industry transformation with advanced production, new retail experiences, and digital empowerment. We offer high-quality and value-for-money vehicles as well as superior after-sales services through a reliable, one-stop, and hassle-free transaction experience. Under our omni-channel strategy, we are able to leverage our pioneering online platform to serve customers nationwide and establish market leadership in selected regions through offline inspection and reconditioning centers. Leveraging our extensive industry data and continuous technology innovation throughout more than ten years of operation, we have established strong used car management and operation capabilities. We are committed to upholding our customer-centric approach and driving the healthy development of the used car industry.

For investor and media enquiries, please contact:
Uxin Limited Investor Relations
Uxin Limited
Email: ir@xin.com

The Blueshirt Group
Mr. Jack Wang
Phone: +86 166-0115-0429
Email: Jack@blueshirtgroup.co