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Yunji Files 2024 Annual Report on Form 20-F

MWN-AI** Summary

Yunji Inc., a prominent social e-commerce platform in China, has submitted its 2024 Annual Report on Form 20-F to the Securities and Exchange Commission, which reflects the company's financial performance for the fiscal year ended December 31, 2024. The report was filed on April 24, 2025, and is accessible on Yunji's investor relations website.

Yunji operates on a unique membership-based model, leveraging social interactions to create an engaging shopping experience for users. The platform has become a trusted destination for Chinese consumers, offering a wide range of high-quality products at competitive prices. Key to Yunji's strategy is the use of advanced technologies such as big data and artificial intelligence, which enhance user experience and encourage members to both promote the platform and share products within their social networks.

The company emphasizes deliberate product curation, centralized sourcing, and efficient supply chain management. These strategies have allowed Yunji to establish itself as a reliable provider of e-commerce solutions, along with exclusive benefits for members, including discounts on a variety of products essential for day-to-day living.

For shareholders and ADS holders, Yunji will provide a hard copy of its annual report containing audited consolidated financial statements at no charge upon request. Interested parties can make requests via the provided email.

Investors and analysts interested in the Company's performance are encouraged to access the report through Yunji's investor relations platform for a comprehensive overview of the company’s achievements and future outlook. This filing marks an important step in keeping stakeholders informed of Yunji's operations and strategic direction in the competitive social e-commerce landscape.

MWN-AI** Analysis

Based on Yunji Inc.'s 2024 Annual Report filed on Form 20-F, there are several indicators worth analyzing for investors considering the company. Yunji operates a membership-based social e-commerce platform, which has shown resilience and adaptability within the competitive landscape of the Chinese e-commerce sector.

Firstly, Yunji's unique membership model allows it to harness social interactions, creating a loyal customer base that not only purchases products but also promotes them. This is an inherent strength that could fuel further growth as consumer behaviors increasingly lean towards social shopping experiences. Investors should monitor metrics related to membership growth and retention rates, as these will be critical indicators of the company’s sustainable revenue generation capability.

Secondly, Yunji has been leveraging advanced technologies such as big data and AI, which enhance user experience and optimize product recommendations. As competition stiffens, the ability to utilize these technologies effectively will be vital. It would be advisable for investors to keep an eye on the company's investment in technology and its impact on operational efficiency and customer satisfaction.

Furthermore, the report emphasizes its focus on product curation and supply chain management. Given the current economic environment and consumer demand fluctuations, Yunji's efficiency in sourcing and managing inventory can have significant implications for its profitability. Investors should analyze the company's cost structures and any changes in gross margins reported.

Lastly, the e-commerce market in China is projected to grow continuously, but it faces challenges such as regulatory changes and increased competition from established players like Alibaba. The strategic direction Yunji takes in response to these challenges will be crucial for its long-term positioning. Therefore, keeping a close watch on upcoming strategic initiatives and market adaptations will be essential for informed investment decisions.

**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.

Source: PR Newswire

PR Newswire

HANGZHOU, China , April 24, 2025 /PRNewswire/ -- Yunji Inc. ("Yunji" or the "Company") (NASDAQ: YJ), a leading membership-based social e-commerce platform, today announced that it has filed its annual report on Form 20-F for the fiscal year ended December 31, 2024 with the Securities and Exchange Commission on April 24, 2025 Eastern Time . The annual report can be accessed on the Company's investor relations website at https://investor.yunjiglobal.com .

The Company will provide a hard copy of its annual report containing the audited consolidated financial statements, free of charge, to its shareholders and ADS holders upon request. Requests should be submitted to Yunji.IR@icrinc.com .

About Yunji Inc.

Yunji Inc. is a leading social e-commerce platform in China that has pioneered a unique, membership-based model to leverage the power of social interactions. The Company's e-commerce platform offers high-quality products at attractive prices across a wide variety of categories catering to the day-to-day needs of Chinese consumers. In addition, the Company uses advanced technologies including big data and artificial intelligence to optimize user experience and incentivize members to promote the platform as well as share products with their social contacts. Through deliberate product curation, centralized merchandise sourcing, and efficient supply chain management, Yunji has established itself as a trustworthy e-commerce platform with high-quality products and exclusive membership benefits, including discounted prices.

For more information, please visit https://investor.yunjiglobal.com/

Investor Relations Contact
Yunji Inc.
Investor Relations
Email: Yunji.IR@icrinc.com
Phone: +1 (646) 224-6957

ICR, LLC
Robin Yang
Email: Yunji.IR@icrinc.com
Phone: +1 (646) 224-6957

SOURCE Yunji Inc.

FAQ**

What key strategies did Yunji Inc. YJ outline in its 2024 Annual Report to enhance its membership-based e-commerce model and improve customer engagement?

In its 2024 Annual Report, Yunji Inc. outlined key strategies including enhanced personalized marketing, expanded product offerings, improved loyalty programs, and the implementation of advanced data analytics to boost customer engagement in its membership-based e-commerce model.

How did Yunji Inc. YJ perform financially in 2024, particularly regarding revenue growth, profitability, and any significant changes in expenses as disclosed in the 20-F filing?

As of my last update in October 2023, I do not have access to financial data or disclosures for Yunji Inc. (YJ) in 2024, including revenue growth, profitability, or changes in expenses from their 20-F filing. Please check the latest financial reports for accurate information.

In the 2024 Annual Report, what advances in big data and artificial intelligence does Yunji Inc. YJ highlight as instrumental to optimizing user experience on its platform?

In its 2024 Annual Report, Yunji Inc. highlights advancements in big data analytics for personalized recommendations, AI-driven insights for improving customer engagement, and machine learning algorithms for optimizing inventory management, all aimed at enhancing user experience.

What challenges did Yunji Inc. YJ face in 202as discussed in the Annual Report, and what steps are being taken to address these in future fiscal periods?

In 2024, Yunji Inc. faced challenges including declining sales and increased competition, prompting management to enhance operational efficiency, diversify product offerings, and invest in digital marketing strategies to regain market share in future fiscal periods.

**MWN-AI FAQ is based on asking OpenAI questions about Yunji Inc. (NASDAQ: YJ).

Yunji Inc.

NASDAQ: YJ

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