Financial Data and Key Metrics Changes - Total revenues for Q4 2023 were RMB 149 million, down from RMB 289 million year-over-year [12] - Revenues from merchandise sales were RMB 112 million, while marketplace business revenues were RMB 34 million [12] - Gross margin remained solid at 46.6%, attributed to customer loyalty towards private labels and effective product creation strategies [13] - Net loss was RMB 66 million compared to RMB 68 million in the previous year, with adjusted net loss at RMB 65 million compared to RMB 31 million a year ago [15] - Cash and cash equivalents, restricted cash, and short-term investments totaled RMB 552 million as of December 2023, down from RMB 669 million a year earlier [16] Business Line Data and Key Metrics Changes - The company focused on refining its product range and optimizing its supplier and merchant network, which impacted short-term sales [12] - Fulfillment expenses decreased to RMB 25 million from RMB 32 million year-over-year, driven by lower warehousing and logistics costs [13] - Sales and marketing expenses were reduced to RMB 29 million from RMB 59 million, primarily due to a decline in member management fees and business promotion expenses [14] Market Data and Key Metrics Changes - The e-commerce market experienced intense price competition, with major platforms adopting low-price strategies [4] - Despite market pressures, the company maintained a stable average order value due to its curated product selection [5] Company Strategy and Development Direction - The company aims to enhance brand image and explore diverse marketing avenues while focusing on curated product selection and cost-effectiveness [9] - A new healthcare product line was launched, generating sales exceeding RMB 80 million upon launch [8] - The company is integrating AI into operations to improve customer service and support service managers [9] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the challenges posed by low-price strategies in the market but emphasized the importance of unique product offerings and customer loyalty [19] - The company is committed to improving inventory management and cash flow to support long-term strategic objectives [16] Other Important Information - The company has developed a range of private label products and upgraded its medicinal product lineup, focusing on popular ingredients like collagen and probiotics [6] - Customer service improvements are being made through professional training and enhanced service policies [8] Q&A Session Summary Question: Impact of new consumer-biased policies from major e-commerce platforms - Management believes that product quality and unique offerings are more important than low pricing strategies, and they maintain a low refund rate due to effective user education [19]

Yunji Inc. (NASDAQ:YJ) Q3 2023 Earnings Conference Call December 14, 2023 6:30 AM ET Company Participants Kaye Liu - IR Shanglue Xiao - Chairman, CEO Yeqing Cui - Senior Financial Director Conference Call Participants Ethan Yu - First Trust China Operator Good morning, and good evening, ladies and gentlemen. Thank you for standing by, and welcome to Yunji's Third Quarter 2023 Earnings Conference Call. With us today are Mr. Shanglue Xiao, Chairman and Chief Executive Officer; Mr. Yeqing Cui, Senior Financial ...

Financial Data and Key Metrics Changes - Total revenues decreased to RMB167 million from RMB284 million year-over-year, with merchandise sales at RMB131 million and marketplace revenues at RMB34 million [15] - Gross margin improved to 51.6% compared to 40.6% a year ago, attributed to customer loyalty to private labels and effective product duration strategy [15] - Net loss increased to RMB42 million from RMB25 million year-over-year, with adjusted net loss at RMB40 million compared to RMB17 million a year ago [17] Business Line Data and Key Metrics Changes - The private-label meat products gained popularity, leading to notable levels of repeat purchases [6] - SUYE, the private label beauty brand, celebrated its 13th anniversary and launched new products, indicating growth in the beauty segment [8] - The healthcare brand, Qingziyang, reported sales exceeding RMB200 million, with a new product selling out within 31 minutes of launch [9] Market Data and Key Metrics Changes - The macro-environment remains challenging, with consumer sentiment and purchasing power needing additional momentum for recovery [13] - The company noted a shift in consumer preferences towards healthcare and nutritional products, which has positively impacted financial performance [13] Company Strategy and Development Direction - The company plans to enhance its supply chain to better address seasonal consumer demand and optimize marketing campaigns [5] - A focus on private-label products and a commitment to operational efficiency are central to the company's strategy [14] - The company aims to leverage AI technology for marketing and customer engagement, including digital human live-streaming initiatives [10] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the recovery of offline consumption and the company's adaptability to consumer trends [21] - The company is exploring new facilities for offline sales and emphasizes the flexibility provided by its private labels [22] Other Important Information - The Vice President of Finance announced resignation effective August 25, 2023, with responsibilities transitioning to the Senior Financial Director [19] Q&A Session Summary Question: Impact of Chinese government policies on offline transactions - Management supports national policies aimed at stimulating offline consumption and has adjusted strategies to align with consumer trends [21] - The company has hosted offline events to enhance consumer experience and product authenticity [21][22]

Exhibit 99.1 Yunji Announces Second Quarter 2023 Unaudited Financial Results Hangzhou, CHINA, August 24, 2023 — Yunji Inc. ("Yunji" or the "Company") (NASDAQ: YJ), a leading membership-based social e-commerce platform, today announced its unaudited financial results for the second quarter ended June 30, 20231. Second Quarter 2023 Highlights • Total revenues in the second quarter of 2023 were RMB167.1 million (US$23.0 million), compared with RMB284.0 million in the same period of 2022. The change was primari ...

Financial Data and Key Metrics Changes - Total revenues for Q1 2023 were RMB 179 million, down from RMB 343 million in the same period last year, reflecting a significant decline [16] - Gross margin improved to 47.7% compared to 44.2% a year ago, indicating better cost management and consumer loyalty to private labels [17] - Net loss narrowed by 37.8% to RMB 23 million from RMB 37 million in the previous year, showing improved operational efficiency [19] Business Line Data and Key Metrics Changes - Revenues from merchandise sales were RMB 143 million, while marketplace business revenues were RMB 33 million, indicating a shift in focus towards private label products [16] - The repurchase rate reached 80.2%, demonstrating strong customer retention and loyalty [16] Market Data and Key Metrics Changes - Consumer confidence and spending power have not fully recovered, impacting overall sales performance [17] - The company is adapting to post-COVID consumer trends by focusing on private label product development, particularly in healthcare and nutritional therapy [15] Company Strategy and Development Direction - The company is exploring gourmet food, beauty, and healthcare as new growth areas, integrating these into a community e-commerce service model [5][6] - A new brand center is being established in Hangzhou to enhance brand awareness and incubate private label products [22] - The company is committed to technological innovation, including the development of AI-driven services to improve customer support and community management [13] Management's Comments on Operating Environment and Future Outlook - Management noted that the consumption recovery is gradual, with a focus on enhancing customer loyalty and attracting new users through synergistic online and offline initiatives [20] - The company is optimistic about leveraging post-COVID recovery trends to foster long-term value for shareholders [20] Other Important Information - The company has a strong liquidity position with RMB 568 million in cash and cash equivalents as of March 31, 2023, sufficient to cover its obligations [19] Q&A Session Summary Question: Impact of unstable consumer confidence on business and brand awareness initiatives - Management highlighted the importance of combining online and offline marketing strategies to build trust and enhance customer experience, especially for private labels [21] - A new brand center in Hangzhou will serve as a hub for showcasing private label capabilities and attracting partnerships, with plans to utilize various media channels for promotion [22][23]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of April 2023 Commission File Number: 001-38877 Yunji Inc. 15/F, South Building, Hipark Phase 2, Xiaoshan District Hangzhou 310000, Zhejiang Province People's Republic of China (Address of principal executive offices) Indicate by check mark whether the registrant files or will file annual reports under cove ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022. OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES ...

Yunji Inc. (NASDAQ:YJ) Q4 2022 Results Conference Call March 20, 2023 7:00 AM ET Company Participants Kaye Liu - IR Shanglue Xiao - Chairman, CEO Chengqi Zhang - VP, Finance Operator Good morning and good evening, ladies and gentlemen. Thank you for standing by, and welcome to Yunji's Fourth Quarter 2022 Earnings Conference Call. With us today are Mr. Shanglue Xiao, Chairman and Chief Executive Officer; Mr. Chengqi Zhang, Vice President of Finance; and Ms. Kaye Liu, Investor Relations Director of the compan ...

Yunji Inc. (NASDAQ:YJ) Q3 2022 Earnings Conference Call November 29, 2022 7:00 AM ET Company Participants Kaye Liu - Investor Relations Director Shanglue Xiao - Chairman & Chief Executive Officer Peng Zhang - Vice President of Finance Conference Call Participants Ethan Yu - First Trust China Operator Good morning and good evening, ladies and gentlemen. Thank you for standing by and welcome to Yunji's Third Quarter 2022 Earnings Conference Call. With us today are Mr. Shanglue Xiao, Chairman and Chief Executi ...