2025????2????12????????????,??(?“?????????”)??????????,??“01364.HK”,?9.94??????????????????????????????,????10????????

??

???????????,?????

?:“??2010??????,?????????????????,?,????,????????????????????????????????,??,??,??????????????,????‘????????’???????????????,?????,??,???????????,????????”

?IPO?,???,???;??????;??;??,?????????????????,????;??

????????(??????????????????)

?????,??????2023?????(GMV)???????2023???????12??31???????????????????,?????????????,????2023??????????????????????,?????????????GMV??????????????????????????192?????????????,??????2022????37.2%??2024????????9????????30???????????????????,??????????????????????????GMV?166?,???????2023?????????20.4%,?????????????????2023??12?31????,??9001????,??2022??????????????????????12?31?????????35.0%,????????2024?????????9?30??9778?????????????

????

???,???????????????????:?????????????????????????????????,??,?????????????????????????????????,??2023????????????,?????????????36???????85000???????????,?????,??????????????

?,??????????????????2024???????9?30?,??????????????????120???????,???40?,????????

????2023???2024?????????9??????????????30?????,?????????????130????85??????????????????????,????????,?????

?????????,????,?????:??,??????????;?????????????;????????,???;????????????????????;???????

??:?????????????????????

??

??:???????????,??????????,??????????????