BAOZUN


Associated tags: Inc., HKEX, Stock exchange

Locations: UNITED STATES, CHINA, SHANGHAI, BEC

Baozun Releases 2023 Sustainability Report

Retrieved on: 
Friday, April 19, 2024

SHANGHAI, April 19, 2024 /PRNewswire/ -- Baozun Inc. (Nasdaq: BZUN and HKEX: 9991) ("Baozun", the "Company" or the "Group"), a leading brand e-commerce solution provider and digital commerce enabler in China, announced today the release of its 2023 annual sustainability report (the "Sustainability Report"), showcasing the Company's achievements and endeavors in environmental sustainability, social responsibility, and corporate governance.

Key Points: 
  • SHANGHAI, April 19, 2024 /PRNewswire/ -- Baozun Inc. (Nasdaq: BZUN and HKEX: 9991) ("Baozun", the "Company" or the "Group"), a leading brand e-commerce solution provider and digital commerce enabler in China, announced today the release of its 2023 annual sustainability report (the "Sustainability Report"), showcasing the Company's achievements and endeavors in environmental sustainability, social responsibility, and corporate governance.
  • At Baozun, sustainability is central to our operations.
  • In 2023, our Baozun Capacity Development Center doubled its training outreach, conducting 122 combined online and in-person sessions, engaging 38,242 participants.
  • For the full Baozun 2023 annual sustainability report, please visit: https://ir.baozun.com/ESG-Report .

Baozun Strengthens Leadership Team

Retrieved on: 
Friday, April 19, 2024

Mr. Vincent Qiu, the Founder, Chairman and Chief Executive Officer of Baozun, commented, "We are delighted to welcome Catherine to our senior management team.

Key Points: 
  • Mr. Vincent Qiu, the Founder, Chairman and Chief Executive Officer of Baozun, commented, "We are delighted to welcome Catherine to our senior management team.
  • Catherine's proven track record in financial management, along with her four-year experience at Baozun, has provided her with a good understanding of our business dynamics and company culture.
  • Mr. Arthur Yu, President of Baozun e-Commerce, stated, "I'm pleased to welcome Catherine to her role as CFO.
  • It has been a great pleasure working with Catherine over the last four years and witnessing her advancement in her career at Baozun.

Baozun Files Annual Reports for Fiscal Year 2023

Retrieved on: 
Friday, April 19, 2024

SHANGHAI, April 19, 2024 /PRNewswire/ -- Baozun Inc. (Nasdaq: BZUN and HKEX: 9991) ("Baozun," the "Company" or the "Group"), a leading brand e-commerce solution provider and digital commerce enabler in China, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2023 with the U.S. Securities and Exchange Commission (the "SEC").

Key Points: 
  • SHANGHAI, April 19, 2024 /PRNewswire/ -- Baozun Inc. (Nasdaq: BZUN and HKEX: 9991) ("Baozun," the "Company" or the "Group"), a leading brand e-commerce solution provider and digital commerce enabler in China, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2023 with the U.S. Securities and Exchange Commission (the "SEC").
  • The annual report can be accessed on the Company's investor relations website at http://ir.baozun.com as well as the SEC's website at http://www.sec.gov .
  • The Company has adopted new arrangements for electronic dissemination of its annual reports to its shareholders and ADS holders as a promotion of its ESG initiatives.
  • Requests for printed copy of the annual report should be directed to the Company's IR Department at [email protected] .

Baozun Releases 2023 Chairman Letter

Retrieved on: 
Friday, April 19, 2024

In 2023, amidst a challenging macro environment, Baozun Group embarked on a transformative journey, expanding into three primary business lines: Baozun e-Commerce (BEC), Baozun Brand Management (BBM), and Baozun International (BZI).

Key Points: 
  • In 2023, amidst a challenging macro environment, Baozun Group embarked on a transformative journey, expanding into three primary business lines: Baozun e-Commerce (BEC), Baozun Brand Management (BBM), and Baozun International (BZI).
  • This strengthened one-stop ecosystem enables Baozun Group to offer our business partners and clients the most comprehensive services and solutions.
  • Throughout 2023, BEC continued to improve its service quality and reinforced its omni-channel capabilities.
  • BBM accomplished a significant milestone with the completion of the acquisition of Gap Greater China in February 2023.

Baozun to Announce Fourth Quarter and Fiscal Year 2023 Unaudited Financial Results on March 21, 2024

Retrieved on: 
Thursday, March 7, 2024

A live webcast of the conference call will be available on the Investor Relations section of Baozun's website at http://ir.baozun.com .

Key Points: 
  • A live webcast of the conference call will be available on the Investor Relations section of Baozun's website at http://ir.baozun.com .
  • An archived webcast will be available through the same link following the call.
  • This press release contains forward-looking statements.
  • Statements that are not historical facts, including but not limited to statements about Baozun's beliefs and expectations, are forward-looking statements.

Baozun Announces US$20 million Share Repurchase Program

Retrieved on: 
Wednesday, January 24, 2024

After the publication of the annual results announcement of the Company on or before March 31, 2024, the management of Baozun may implement the share repurchase, including but not limited to implementing the share repurchase in accordance with plans under the Rule 10b5-1 and/or Rule 10b-18 under the U.S. Securities Exchange Act of 1934, as amended.

Key Points: 
  • After the publication of the annual results announcement of the Company on or before March 31, 2024, the management of Baozun may implement the share repurchase, including but not limited to implementing the share repurchase in accordance with plans under the Rule 10b5-1 and/or Rule 10b-18 under the U.S. Securities Exchange Act of 1934, as amended.
  • The Company's board of directors will keep reviewing the share repurchase program periodically.
  • As at the date of this announcement, no share repurchase plan has been entered into and shareholders and prospective investors of the Company should note that there is no assurance of the timing, quantity or price of any share repurchase or whether the Company will make any repurchase at all.
  • Statements that are not historical facts, including but not limited to statements about Baozun's beliefs and expectations, are forward-looking statements.

Baozun Announces Third Quarter 2023 Unaudited Financial Results

Retrieved on: 
Wednesday, November 22, 2023

SHANGHAI, Nov. 22, 2023 /PRNewswire/ -- Baozun Inc. (Nasdaq: BZUN and HKEX: 9991) ("Baozun", the "Company" or the "Group"), a leading brand e-commerce solution provider and digital commerce enabler in China, today announced its unaudited financial results for the third quarter ended September 30, 2023.

Key Points: 
  • SHANGHAI, Nov. 22, 2023 /PRNewswire/ -- Baozun Inc. (Nasdaq: BZUN and HKEX: 9991) ("Baozun", the "Company" or the "Group"), a leading brand e-commerce solution provider and digital commerce enabler in China, today announced its unaudited financial results for the third quarter ended September 30, 2023.
  • Mr. Vincent Qiu, Chairman and Chief Executive Officer of Baozun, stated, "I am pleased that Baozun Group is collectively demonstrating significant progress in our transformation efforts.
  • This marks the first third quarter since our IPO that Baozun achieved positive operating cash flow, largely driven by business optimization, cost reduction, and improved working capital efficiency.
  • Gross profit margin of product sales for BBM in the third quarter of 2023 was 55.5%, further improved from previous quarters.

Baozun to Announce Third Quarter Financial Results of 2023 Unaudited Financial Results on November 22, 2023

Retrieved on: 
Wednesday, November 8, 2023

A live webcast of the conference call will be available on the Investor Relations section of Baozun's website at http://ir.baozun.com .

Key Points: 
  • A live webcast of the conference call will be available on the Investor Relations section of Baozun's website at http://ir.baozun.com .
  • An archived webcast will be available through the same link following the call.
  • This press release contains forward-looking statements.
  • Statements that are not historical facts, including but not limited to statements about Baozun's beliefs and expectations, are forward-looking statements.

Baozun Announces Second Quarter 2023 Unaudited Financial Results

Retrieved on: 
Monday, August 28, 2023

SHANGHAI, Aug. 28, 2023 /PRNewswire/ -- Baozun Inc. (Nasdaq: BZUN and HKEX: 9991) ("Baozun", the "Company" or the "Group"), a leading brand e-commerce solution provider and digital commerce enabler in China, today announced its unaudited financial results for the second quarter ended June 30, 2023.

Key Points: 
  • SHANGHAI, Aug. 28, 2023 /PRNewswire/ -- Baozun Inc. (Nasdaq: BZUN and HKEX: 9991) ("Baozun", the "Company" or the "Group"), a leading brand e-commerce solution provider and digital commerce enabler in China, today announced its unaudited financial results for the second quarter ended June 30, 2023.
  • Mr. Arthur Yu, Chief Financial Officer of Baozun and President of BEC, commented, "In the second quarter of 2023, BEC once again achieved better year-over-year profits and cash flows, benefiting from our consistent efforts in enhancing value and reducing costs.
  • Currently, BBM mainly comprises product sales revenue of Gap Shanghai, and product sales for BBM in the second quarter of 2023 totaled RMB324.2 million.
  • Gross profit margin of product sales for BBM in the second quarter of 2023 was 51.9%.