YOUZAN (06051) officially transitioned from the GEM to the Main Board for trading on the Hong Kong Stock Exchange at 9:00 AM on April 17, 2026, under the stock code 06051. The company stated that the move to the Main Board is expected to enhance its corporate image and public recognition, improve its ability to optimize its capital structure, and help the group attract a broader base of international investors.
In terms of financial performance, YOUZAN delivered strong results for 2025. According to the company's annual results announcement, total revenue for the full year 2025 reached approximately 1.487 billion yuan, a year-on-year increase of 3.1%, with a gross profit margin of 66.2%. The company returned to profitability, achieving an annual profit of about 160 million yuan, and a profit attributable to shareholders of 163 million yuan. The total value of merchandise transactions for the year reached 103 billion yuan. Net operating cash inflow for 2025 was approximately 250 million yuan, reflecting a healthy cash balance.
In the field of AI, YOUZAN has demonstrated strong growth potential. In 2025, its AI products created significant value for merchants: AI-driven smart marketing generated transaction value of 120 million yuan, while AI customer service helped merchants reduce customer service costs by 80% while generating over 16 million yuan in sales. The company's AI products, built on the "Jiawo AI" platform, execute millions of tasks daily. For 2026, YOUZAN plans to accelerate the implementation of AI applications. Currently, the company has launched AI-related capabilities such as "Jiawo AI" and "Jiawo Recommendation Officer," and is driving an upgrade in its business model from "software subscription" to a diversified revenue structure of "subscription + usage + performance," thereby commercializing its AI capabilities.
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