#China #Hangzhou #E-Commerce #Yunji Inc. #social platform

Yunji Inc. Unveils 2024 Annual Report

Yunji Inc. (NASDAQ: YJ), a premier membership-focused social e-commerce platform, has recently submitted its annual report on Form 20-F to the Securities and Exchange Commission, marking a significant milestone for the company. This comprehensive document outlines the Company’s operations through December 31, 2024, and provides valuable insights into its performance for the fiscal year.

Document Access

The filed report is accessible to the public on Yunji’s investor relations website, available at Yunji Investor Relations. This initiative represents Yunji’s commitment to transparency and ongoing communication with its shareholders and stakeholders. In addition to the online version, shareholders and ADS holders can request hard copies of the report that include detailed, audited consolidated financial statements, available free of charge upon request to the company’s investor relations team.

About Yunji Inc.

Founded with the vision of revolutionizing the e-commerce landscape in China, Yunji particularly distinguishes itself through its unique membership model, which integrates social elements into the shopping experience. The platform enables users to enjoy high-quality products at competitive prices across various categories, effectively catering to the needs of daily consumers in China.

To ensure a seamless user experience, Yunji harnesses advanced technologies, including big data and artificial intelligence. These innovations not only enhance the shopping experience but also encourage members to engage with and promote the platform actively. By utilizing their social networks to share product recommendations, members play an integral role in the ecosystem that Yunji has created.

Strategic Innovations

Yunji’s continuous focus on product curation, efficient supply chain management, and centralized merchandise sourcing are cornerstones of its success. The company prides itself on offering not only quality products but also exclusive membership benefits, such as preferential pricing that appeals to cost-conscious consumers. This approach has solidified Yunji's reputation as a trusted e-commerce platform in a rapidly evolving marketplace.

Commitment to Shareholders

In a statement, the company affirmed its dedication to nurturing its relationship with shareholders, highlighting the importance of transparency in its operations. Shareholders are encouraged to engage with Yunji to understand more about the company's dynamic strategies and performance metrics. For further inquiries or to request the annual report, angler members are welcomed to reach out directly through the designated email contact.

To enhance communication, Yunji Inc. has engaged ICR, LLC as its investor communications partner, ensuring that queries are addressed thoroughly and swiftly. Both current and prospective investors are urged to keep abreast of Yunji’s developments through its official channels, reinforcing the company's ethos of openness and shareholder inclusion.

Conclusion

In summary, Yunji Inc.’s filing of the 2024 annual report underscores its robust business model and continuous innovation in the social e-commerce sector. As it strives to connect consumers and enhance their shopping experience, Yunji continues to pioneer the use of social influence in e-commerce, setting itself apart in a competitive global market. With poised strategies and an unwavering commitment to quality and transparency, Yunji is positioned for promising growth in the coming fiscal years.