ATRenew Inc. Welcomes New Board Members for Strategic Growth

On March 6, 2026, ATRenew Inc. made a significant announcement regarding the composition of its board of directors, as the company continues to enhance its leadership in technology-driven recycling and trade-in solutions. The incoming members, Mr. Yue Teng and Ms. Rui Zhu, are expected to bring fresh perspectives and valuable experience to the board, filling the vacancies left by the departure of Mr. Mervin Ye Zhou.

New Appointments in Response to Changing Leadership

The recent changes come at a crucial time for ATRenew, which has established itself as a leader in the consumer product recycling industry in China. Mr. Yue Teng, who previously managed strategic investments at JD.com, brings a wealth of knowledge from his extensive background in logistics and industrial sectors. His expertise is expected to strengthen ATRenew's strategic ties with JD.com, fostering collaboration that could enhance the company’s operational efficiencies and market presence.

Ms. Rui Zhu will serve on the nominating and corporate governance committee, contributing to the oversight of board practices and corporate policies. Both appointments emphasize ATRenew's commitment to bolstering its leadership team with individuals who possess a solid understanding of the business landscape, paving the way for continued innovation and growth.

Experience of the New Board Members

Mr. Yue Teng

Yue Teng is renowned for his expertise in investment strategies and brings with him a solid track record of managing diverse investment portfolios. Before his tenure at JD.com, Mr. Teng worked at Hony Capital and Goldstream Investment, focusing on real estate investment and portfolio management. He earned his bachelor's degree in management science from Fudan University and a master's degree in engineering management from Duke University. His combination of financial acumen and operational insight aligns perfectly with ATRenew’s mission to enhance transaction efficiency and pricing transparency across the recycling and trade-in landscape.

Ms. Rui Zhu

While detailed information on Ms. Rui Zhu’s professional background was not disclosed, her role in overseeing governance practices is crucial for ensuring that ATRenew adheres to best practices in corporate governance. Her insights are expected to play a pivotal role in shaping the company’s long-term strategy and ensuring that the board operates effectively and transparently.

Strategic Vision and Future Outlook

Kerry Xuefeng Chen, ATRenew's Founder and CEO, expressed enthusiasm for the new appointments. He believes that both Mr. Teng and Ms. Zhu will significantly contribute to the company’s strategic direction. Their appointments are not just about filling vacancies; they represent a commitment to harnessing talent that can spearhead initiatives ensuring sustainable consumption practices through technology.

The company, which has been operating since 2011, aims to provide second-life solutions for consumer goods, underscoring its commitment to environmental sustainability. As a participant in the United Nations Global Compact, ATRenew adheres to responsible business principles that resonate with its growth strategies and ethical commitments.

Conclusion

The additions of Yue Teng and Rui Zhu to ATRenew's board signify the company’s proactive steps in refining its governance structure while amplifying operational prowess. With a well-rounded leadership team equipped to navigate the complexities of the consumer product recycling industry, ATRenew continues to forge ahead in its mission to contribute positively to the environment and enhance consumer experiences in sustainable practices. The organization looks forward to their contributions as it embarks on new ventures and solidifies its position as a market leader in technology-driven solutions for sustainability.