ETFs ATRenew Inc.

ATRenew Inc is a pre-owned consumer electronics transaction and service platform. The Company obtains supply of pre-owned consumer electronics, process devices for resale using proprietary inspection, grading, and pricing technologies in operation centers, and distributes processed devices to a variety of purchasers. The Company’s business primarily consists of three components, AHS Recycle, PJT Marketplace and Paipai Marketplace. AHS Recycle is the Customers to Business (C2B) offering catering to consumers who sell their pre-owned consumer electronics, luxury goods, gold and jewelry, and other goods, or trade pre-owned consumer electronics in exchange for new devices. PJT Marketplace is the Business to Business (B2B) offering providing merchants of pre-owned consumer electronics with a suite of buying and selling solutions. Paipai Marketplace is the Business to Customer (B2C) offering on which consumers can purchase pre-owned products, primarily consumer electronics.