Youzan Technology was officially listed on the main board of the Hong Kong Stock Exchange, having transferred from the GEM board to the main board. According to its full-year 2025 performance report, the company's annual revenue was approximately RMB 1.49 billion, with operational profits of about RMB 180 million, representing an 81% year-on-year increase. Management expects that in 2026, Youzan's direct revenue related to AI will exceed RMB 100 million and drive growth in associated revenues worth several hundred million yuan.
