ATRenew Inc. (NYSE:RERE) Q2 2024 Earnings Conference Call August 20, 2024 8:00 AM ET

Company Participants

Jeremy Ji - Director of Corporate Development and IR
Kerry Chen - Founder, Chairman, and CEO
Rex Chen - CFO

Conference Call Participants

Joyce Ju - Bank of America
Xiaoxin Chen - CICC
Michael Kim - Zacks Small Cap Research

Operator

Good morning and good evening, ladies and gentlemen. Thank you for standing by and welcome to ATRenew’s Incorporated Second Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode. We will be hosting a question-and-answer session after management's prepared remarks. Please note today's event is being recorded.

I would now like to turn the call over to our first speaker today, Mr. Jeremy Ji, Director of Corporate Development and Investor Relations of the Company. Please go ahead, sir.

Jeremy Ji

Thank you Chuck. Hello everyone, and welcome to ATRenew's Second Quarter 2024 Earnings Conference Call. Speaking first today is Kerry Chen, our Founder, Chairman and CEO; and he will be followed by Rex Chen our CFO. After that, we'll open the call to questions from the analysts.

The second quarter 2024 financial results were released earlier today. The earnings release and the investor slides accompanying this call are available at our IR website, ir.atrenew.com. There will also be a transcript following this call for your convenience. For today's agenda, Kerry will share his thoughts of our quarterly performance and business strategy followed by Rex, who will address the financial highlights. Both Kerry and Rex will join the Q&A session.

Let me cover the Safe Harbor statements. Some of the information you will hear during this conversation today will consist of forward-looking statements, and I refer you to our Safe Harbor statements in the earnings press release. Any forward-looking statements that management makes on this call today are based on assumptions as of today, and that ATRenew does not take any obligations to upgrade our assumptions on these statements. Also, this call includes discussions of certain non-GAAP financial measures. Please refer to our earnings press release, which contains a reconciliation of non-GAAP measures to GAAP measures.

Finally, please note that unless otherwise stated, all figures mentioned during this conference call are in RMB and all comparisons are on a year-over-year basis.

I would now like to turn the call over to Kerry for business and strategy updates.

Kerry Chen