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    Aurora Mobile Limited

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    $JG
    Computer Software: Programming Data Processing
    Technology

    Aurora Mobile Limited, through its subsidiaries, operates as a mobile developer service provider in China. The company provides push notification, one-click verification, and APP traffic monetization services. Its vertical applications have expanded to market intelligence, financial risk management, and location-based intelligence, empowering various industries to improve productivity and optimize decision-making. The company also provides application programming interfaces that create connectivity and automate the process of message exchange between the mobile apps and its backend network; and an interactive web-based service dashboard that allows app developers to utilize and monitor its services through controls on an ongoing basis. It primarily serves mobile app developers in a range of industries, such as media, entertainment, gaming, financial services, tourism, ecommerce, education, and healthcare. The company was founded in 2011 and is headquartered in Shenzhen, the People's Republic of China.

    IPO Year: 2018

    Exchange: NASDAQ

    Website: jiguang.cn

    Recent Analyst Ratings for Aurora Mobile Limited

    DatePrice TargetRatingAnalyst
    3/12/2024$7.00Neutral → Buy
    Alliance Global Partners
    10/18/2021$4.07Buy
    China Renaissance
    See more ratings

    Aurora Mobile Limited Press Releases

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    Aurora Mobile Partners with China Post Securities to Deliver Millisecond Messaging and Enhance Digital Financial Services

    SHENZHEN, China, Feb. 27, 2026 (GLOBE NEWSWIRE) -- Aurora Mobile (NASDAQ:JG) ("Aurora Mobile" or the "Company"), a leading provider of customer engagement and marketing technology services, today announced a strategic partnership with China Post Securities. By integrating Aurora Mobile's intelligent push notification solution, JPush, the two companies have built a financial-grade messaging infrastructure to improve the speed, stability, and accuracy of digital financial services. As the securities industry evolves beyond traditional commission-based models, technological capabilities and service quality have become key competitive differentiators. As a majority-owned subsidiary of China P

    2/27/26 7:00:00 AM ET
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    Aurora Mobile to Report Fourth Quarter and Fiscal Year 2025 Financial Results on March 12, 2026

    SHENZHEN, China, Feb. 26, 2026 (GLOBE NEWSWIRE) -- Aurora Mobile Limited (NASDAQ:JG) ("Aurora Mobile" or the "Company"), a leading provider of customer engagement and marketing technology services in China, today announced that it will release its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2025 before the open of U.S. markets on Thursday, March 12, 2026. Aurora Mobile's management will host an earnings conference call on Thursday, March 12, 2026 at 7:30 a.m. U.S. Eastern Time (7:30 p.m. Beijing time on the same day). All participants must register in advance to join the conference using the link provided below. Please dial in 15 minutes before t

    2/26/26 4:00:00 AM ET
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    Technology

    Aurora Mobile's GPTBots.ai Integrates GLM-5, Setting New Standards for Enterprise AI Performance and Value

    HONG KONG, Feb. 13, 2026 (GLOBE NEWSWIRE) -- Aurora Mobile Limited (NASDAQ:JG) ("Aurora Mobile" or the "Company"), a leading provider of customer engagement and marketing technology services, today announced that its enterprise-grade AI agent platform, GPTBots.ai, has integrated the groundbreaking GLM-5 series model. This integration empowers enterprise users with unprecedented levels of AI performance, reliability, and real-world productivity—delivered instantly through the GPTBots.ai platform. GLM-5: A New Benchmark for Knowledge Reliability and AutomationGLM-5 ushers in a new era for large language models, setting industry standards for knowledge reliability, agentic automation, and co

    2/13/26 7:00:00 AM ET
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    Computer Software: Programming Data Processing
    Technology

    Aurora Mobile Strategically Partners with PAG Pegasus Fund to Jointly Execute Data-Driven Investments; Issues Three-Year Warrants

    SHENZHEN, China, Feb. 11, 2026 (GLOBE NEWSWIRE) -- Aurora Mobile Limited (NASDAQ:JG) ("Aurora Mobile" or the "Company"), a leading provider of customer engagement and marketing technology services in China, today announced a strategic partnership with affiliate entities of PAG Pegasus Fund LP (together "PAG Pegasus"), a leading Asia-focused investment fund. Leveraging Aurora Mobile's proprietary big data capabilities, the two organizations will collaborate to identify and execute data- and AI-driven investment opportunities. Under the terms of the strategic partnership, PAG Pegasus will allocate $10 million toward an investment strategy supported by Aurora Mobile's data insights. The two

    2/11/26 7:00:00 AM ET
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    Aurora Mobile's GPTBots.ai and Hong Kong Ants Asia Forge Strategic Partnership for AI Innovation

    HONG KONG, Feb. 10, 2026 (GLOBE NEWSWIRE) -- Aurora Mobile Limited (NASDAQ:JG) ("Aurora Mobile" or the "Company"), a leading provider of customer engagement and marketing technology services in China, today announced that its enterprise-grade AI agent platform, GPTBots.ai, has established a strategic partnership with Ants Asia Limited, a leading enterprise AI solutions specialist deeply rooted in the Hong Kong market. This collaboration combines GPTBots.ai's powerful no-code infrastructure with Ants Asia's extensive local expertise to deliver scalable, high-performance AI solutions worldwide. Ants Asia, a subsidiary of Pro-Tech Technology (serving 1,000+ organizations), excels in bridgi

    2/10/26 7:00:00 AM ET
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    Aurora Mobile's EngageLab Partners with Blurams to Drive Global IoT Service Growth

    SHENZHEN, China, Feb. 06, 2026 (GLOBE NEWSWIRE) -- Aurora Mobile (NASDAQ:JG) ("Aurora Mobile" or the "Company"), a leading provider of customer engagement and marketing technology services in China, today announced that its leading AI-driven customer engagement platform, EngageLab, has entered into a strategic partnership with Blurams Tec Limited ("Blurams"), a smart video cloud platform provider. The two parties will leverage EngageLab's powerful Marketing Automation technology to build an intelligent user operation system for the global market, helping Blurams accelerate its strategic upgrade from hardware sales to comprehensive service growth in the highly competitive AIoT sector. The

    2/6/26 7:00:00 AM ET
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    Aurora Mobile CEO Named as 2025 Greater Bay Area Strategic Emerging Industry Youth Leader

    SHENZHEN, China, Feb. 04, 2026 (GLOBE NEWSWIRE) -- Aurora Mobile Limited (NASDAQ:JG) ("Aurora Mobile" or the "Company"), a leading provider of customer engagement and marketing technology services in China, today announced that Mr. Weidong Luo, Chairman and Chief Executive Officer of Aurora Mobile, was named as a 2025 Greater Bay Area (GBA) Strategic Emerging Industry Youth Leader by the Shenzhen Strategic Emerging Industry Development and Promotion Association. This distinction is in recognition of Mr. Luo's significant contributions to developer services, big data, and artificial intelligence, as well as his leadership in spearheading Aurora Mobile's international expansion and the devel

    2/4/26 7:00:00 AM ET
    $JG
    Computer Software: Programming Data Processing
    Technology

    Aurora Mobile Announces Strategic Partnership with Shenzhen Stock Exchange to Power Critical Market Information Delivery

    SHENZHEN, China, Jan. 27, 2026 (GLOBE NEWSWIRE) -- Aurora Mobile Limited (NASDAQ:JG) ("Aurora Mobile" or the "Company"), a leading provider of customer engagement and marketing technology services in China, today announced a strategic partnership with the Shenzhen Stock Exchange ("SZSE"). Leveraging its intelligent push notification solution, JPush, Aurora Mobile will strengthen SZSE's digital infrastructure to ensure the stable, high-speed delivery of critical market information. As a core hub of China's capital markets and one of the world's leading stock exchanges, SZSE manages and distributes massive volumes of trading data to maintain market transparency and ensure fair disclosure. I

    1/27/26 7:00:00 AM ET
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    Computer Software: Programming Data Processing
    Technology

    Aurora Mobile's MoonFox Releases 2025 China Internet Annual Report: AI-Driven Transformation, Consumption Shifts, and Cross-Border Innovation

    SHENZHEN, China, Jan. 22, 2026 (GLOBE NEWSWIRE) -- MoonFox, a leading provider of alternative data intelligence on China's digital economy, has released its highly anticipated 2025 China Internet Annual Summary Report, Chaos: The Beginning of a New Chapter. The comprehensive report, compiled by the Aurora MoonFox Research Institute, delivers in-depth analysis of macroeconomic trends, digital consumption, AI-driven innovation, and cross-industry shifts shaping the world's largest internet market. About the Report The 2025 Annual Summary Report is compiled based on extensive data collection and in-depth analysis, drawing on MoonFox's proprietary alternative data assets and advanced analyti

    1/22/26 6:10:33 AM ET
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    Aurora Mobile Partners with Xiaoe to Enhance Interaction Efficiency and Support Sustainable Growth in Private Domain Ecosystems

    SHENZHEN, China, Jan. 09, 2026 (GLOBE NEWSWIRE) -- Aurora Mobile Limited (NASDAQ:JG) ("Aurora Mobile" or the "Company"), a leading provider of customer engagement and marketing technology services in China, today announced that it has entered into a strategic partnership with Xiaoe Inc. ("Xiaoe") to integrate its intelligent push notification solution, JPush, into Xiaoe's flagship private domain SaaS platform. When operating private domains, a platform's value lies not only in providing operational tools but also in enabling continuous and effective interactions between merchants and users. Missed service alerts and delayed notification can limit service coverage and weaken user engagemen

    1/9/26 7:00:00 AM ET
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    Computer Software: Programming Data Processing
    Technology

    Aurora Mobile Limited Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

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    Aurora Mobile upgraded by Alliance Global Partners with a new price target

    Alliance Global Partners upgraded Aurora Mobile from Neutral to Buy and set a new price target of $7.00

    3/12/24 9:51:08 AM ET
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    China Renaissance initiated coverage on Aurora Mobile with a new price target

    China Renaissance initiated coverage of Aurora Mobile with a rating of Buy and set a new price target of $4.07

    10/18/21 6:09:24 AM ET
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    Alliance Global Partners initiated coverage on Aurora Mobile with a new price target

    Alliance Global Partners initiated coverage of Aurora Mobile with a rating of Buy and set a new price target of $7.00

    5/4/21 7:02:47 AM ET
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    Computer Software: Programming Data Processing
    Technology

    Oppenheimer initiated coverage on Aurora Mobile with a new price target

    Oppenheimer initiated coverage of Aurora Mobile with a rating of Outperform and set a new price target of $6.00

    4/28/21 6:15:22 AM ET
    $JG
    Computer Software: Programming Data Processing
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    Aurora Mobile Limited SEC Filings

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    SEC Form SCHEDULE 13G filed by Aurora Mobile Limited

    SCHEDULE 13G - Aurora Mobile Ltd (0001737339) (Subject)

    2/18/26 9:21:05 AM ET
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    SEC Form 6-K filed by Aurora Mobile Limited

    6-K - Aurora Mobile Ltd (0001737339) (Filer)

    2/11/26 8:00:33 AM ET
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    SEC Form 6-K filed by Aurora Mobile Limited

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    11/13/25 6:03:27 AM ET
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    SEC Form 424B5 filed by Aurora Mobile Limited

    424B5 - Aurora Mobile Ltd (0001737339) (Filer)

    11/4/25 6:04:06 AM ET
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    Amendment: SEC Form F-3/A filed by Aurora Mobile Limited

    F-3/A - Aurora Mobile Ltd (0001737339) (Filer)

    10/14/25 6:19:38 AM ET
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    SEC Form F-3 filed by Aurora Mobile Limited

    F-3 - Aurora Mobile Ltd (0001737339) (Filer)

    9/19/25 6:25:22 AM ET
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    SEC Form 6-K filed by Aurora Mobile Limited

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    9/19/25 6:01:50 AM ET
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    SEC Form 6-K filed by Aurora Mobile Limited

    6-K - Aurora Mobile Ltd (0001737339) (Filer)

    8/28/25 6:05:33 AM ET
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    SEC Form 144 filed by Aurora Mobile Limited

    144 - Aurora Mobile Ltd (0001737339) (Subject)

    6/17/25 8:12:18 AM ET
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    SEC Form 6-K filed by Aurora Mobile Limited

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    5/30/25 6:01:14 AM ET
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    Aurora Mobile Limited Financials

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    Aurora Mobile to Report Fourth Quarter and Fiscal Year 2025 Financial Results on March 12, 2026

    SHENZHEN, China, Feb. 26, 2026 (GLOBE NEWSWIRE) -- Aurora Mobile Limited (NASDAQ:JG) ("Aurora Mobile" or the "Company"), a leading provider of customer engagement and marketing technology services in China, today announced that it will release its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2025 before the open of U.S. markets on Thursday, March 12, 2026. Aurora Mobile's management will host an earnings conference call on Thursday, March 12, 2026 at 7:30 a.m. U.S. Eastern Time (7:30 p.m. Beijing time on the same day). All participants must register in advance to join the conference using the link provided below. Please dial in 15 minutes before t

    2/26/26 4:00:00 AM ET
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    Aurora Mobile Limited Announces Third Quarter 2025 Unaudited Financial Results

    SHENZHEN, China, Nov. 13, 2025 (GLOBE NEWSWIRE) -- Aurora Mobile Limited ("Aurora Mobile" or the "Company") (NASDAQ:JG), a leading provider of customer engagement and marketing technology services in China, today announced its unaudited financial results for the third quarter ended September 30, 2025. Third Quarter 2025 Financial Highlights Revenues were RMB90.9 million (US$12.8 million), an increase of 15% year-over-year.Cost of revenues was RMB27.1 million (US$3.8 million), an increase of 5% year-over-year.Gross profit was RMB63.8 million (US$9.0 million), an increase of 20% year-over-year.Total operating expenses were RMB64.4 million (US$9.0 million), an increase of 13% year-over-year

    11/13/25 5:30:00 AM ET
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    Computer Software: Programming Data Processing
    Technology

    Aurora Mobile to Report Third Quarter 2025 Financial Results on November 13, 2025

    SHENZHEN, China, Oct. 30, 2025 (GLOBE NEWSWIRE) -- Aurora Mobile Limited (NASDAQ:JG) ("Aurora Mobile" or the "Company"), a leading provider of customer engagement and marketing technology services in China, today announced that it will release its unaudited financial results for the third quarter ended September 30, 2025 before the open of U.S. markets on Thursday, November 13, 2025. Aurora Mobile's management will host an earnings conference call on Thursday, November 13, 2025 at 7:30 a.m. U.S. Eastern Time (8:30 p.m. Beijing time on the same day). All participants must register in advance to join the conference using the link provided below. Please dial in 15 minutes before the call is

    10/30/25 5:00:00 AM ET
    $JG
    Computer Software: Programming Data Processing
    Technology

    Aurora Mobile Limited Announces Second Quarter 2025 Unaudited Financial Results

    SHENZHEN, China, Aug. 28, 2025 (GLOBE NEWSWIRE) -- Aurora Mobile Limited ("Aurora Mobile" or the "Company") (NASDAQ:JG), a leading provider of customer engagement and marketing technology services in China, today announced its unaudited financial results for the second quarter ended June 30, 2025. Second Quarter 2025 Financial Highlights Revenues were RMB89.9 million (US$12.5 million), an increase of 13% year-over-year.Cost of revenues was RMB30.2 million (US$4.2 million), an increase of 13% year-over-year.Gross profit was RMB59.6 million (US$8.3 million), an increase of 13% year-over-year.Total operating expenses were RMB60.8 million (US$8.5 million), an increase of 11% year-over-year.N

    8/28/25 3:30:00 AM ET
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    Aurora Mobile to Report Second Quarter 2025 Financial Results on August 28, 2025

    SHENZHEN, China, Aug. 13, 2025 (GLOBE NEWSWIRE) -- Aurora Mobile Limited (NASDAQ:JG) ("Aurora Mobile" or the "Company"), a leading provider of customer engagement and marketing technology services in China, today announced that it will release its unaudited financial results for the second quarter ended June 30, 2025 before the open of U.S. markets on Thursday, August 28, 2025. Aurora Mobile's management will host an earnings conference call on Thursday, August 28, 2025 at 7:30 a.m. U.S. Eastern Time (7:30 p.m. Beijing time on the same day). All participants must register in advance to join the conference using the link provided below. Please dial in 15 minutes before the call is schedul

    8/13/25 4:59:59 AM ET
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    MoonFox Data | Simultaneous Growth in Scale and Profit of Ly.com Underscores the Potential of Mass-market Tourism

    Shenzhen, June 26, 2025 (GLOBE NEWSWIRE) -- MoonFox Data | Simultaneous Growth in Scale and Profit of Ly.com Underscores the Potential of Mass-market Tourism In Q1 2025, ly.com reported revenue of RMB 4.377 billion and adjusted net profit of RMB 788 million, marking YoY increases of 13.2% and 41.1%, respectively. Amid a macro recovery marked by YoY growth in both travel volume and consumer spending, ly.com has tapped into the tourism potential of non-first-tier markets, demonstrating strong demand beyond first-tier cities. While consolidating its core OTA business, the company has expanded into air tickets, hotels, and international operations, achieving diversified growth. By integratin

    6/26/25 5:00:00 AM ET
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    MoonFox | Bilibili: A "Forever Young" Platform with a Long-term Vision

    Shenzhen, June 26, 2025 (GLOBE NEWSWIRE) -- Shenzhen, June 26, 2025 (GLOBE NEWSWIRE) -- Since Q3 2024, Bilibili has achieved profitability for three consecutive quarters, marking an acceleration in its commercialization efforts. Over the past few years, the explosive growth of short video has significantly disrupted traditional content production and marketing models. As a leading platform for medium-to-long video, Bilibili bore the brunt of these shifts, and its relatively slow commercialization was frequently questioned. However, it's clear that Bilibili has consistently sought a balance between community-driven content and commercial monetization -- striving to enhance its revenue capab

    6/26/25 5:00:00 AM ET
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    Computer Software: Programming Data Processing
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    Aurora Mobile Limited Announces First Quarter 2025 Unaudited Financial Results

    SHENZHEN, China, May 29, 2025 (GLOBE NEWSWIRE) -- Aurora Mobile Limited ("Aurora Mobile" or the "Company") (NASDAQ:JG), a leading provider of customer engagement and marketing technology services in China, today announced its unaudited financial results for the first quarter ended March 31, 2025. First Quarter 2025 Financial Highlights Revenues were RMB89.0 million (US$12.3 million), an increase of 38% year-over-year.Cost of revenues was RMB30.1 million (US$4.2 million), an increase of 66% year-over-year.Gross profit was RMB58.8 million (US$8.1 million), an increase of 27% year-over-year.Total operating expenses were RMB60.6 million (US$8.3 million), an increase of 14% year-over-year.Net

    5/29/25 3:30:00 AM ET
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    Aurora Mobile to Report First Quarter 2025 Financial Results on May 29, 2025

    SHENZHEN, China, May 15, 2025 (GLOBE NEWSWIRE) -- Aurora Mobile Limited (NASDAQ:JG) ("Aurora Mobile" or the "Company"), a leading provider of customer engagement and marketing technology services in China, today announced that it will release its unaudited financial results for the first quarter ended March 31, 2025 before the open of U.S. markets on Thursday, May 29, 2025. Aurora Mobile's management will host an earnings conference call on Thursday, May 29, 2025 at 7:30 a.m. U.S. Eastern Time (7:30 p.m. Beijing time on the same day). All participants must register in advance to join the conference using the link provided below. Please dial in 15 minutes before the call is scheduled

    5/15/25 5:00:00 AM ET
    $JG
    Computer Software: Programming Data Processing
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    Aurora Mobile Limited Announces Fourth Quarter and Fiscal Year 2024 Unaudited Financial Results

    SHENZHEN, China, March 13, 2025 (GLOBE NEWSWIRE) -- Aurora Mobile Limited ("Aurora Mobile" or the "Company") (NASDAQ:JG), a leading provider of customer engagement and marketing technology services in China, today announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2024. Mr. Weidong Luo, Chairman and Chief Executive Officer of Aurora Mobile, commented, "Aurora Mobile remains committed to our "AI First" strategy and views AI as the most critical business driver for the future. We are not only deeply integrating AI into the workflows of various departments but also using it as a KPI in the Balanced Scorecard (BSC) asse

    3/13/25 3:30:00 AM ET
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    Aurora Mobile Limited Large Ownership Changes

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    SEC Form SC 13G/A filed by Aurora Mobile Limited (Amendment)

    SC 13G/A - Aurora Mobile Ltd (0001737339) (Subject)

    2/20/24 6:13:48 AM ET
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    SEC Form SC 13G/A filed by Aurora Mobile Limited (Amendment)

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    SEC Form SC 13G/A filed by Aurora Mobile Limited (Amendment)

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    SEC Form SC 13G/A filed by Aurora Mobile Limited (Amendment)

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    2/3/23 6:03:05 AM ET
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    SEC Form SC 13G/A filed by Aurora Mobile Limited (Amendment)

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    SEC Form SC 13G/A filed by Aurora Mobile Limited (Amendment)

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    SEC Form SC 13G/A filed by Aurora Mobile Limited (Amendment)

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    Aurora Mobile Limited Leadership Updates

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    Aurora Mobile's EngageLab Partners with China Unicom to Develop Next-Generation Global One-Click Verification Ecosystem

    SHENZHEN, China, July 21, 2025 (GLOBE NEWSWIRE) -- Aurora Mobile Limited (NASDAQ:JG) ("Aurora Mobile" or the "Company"), a leading provider of customer engagement and marketing technology services in China, today announced that EngageLab, its leading omni-channel customer engagement platform, has entered into a partnership with China Unicom to launch the Smart Integrated Verification (International Edition), powered by China Unicom's Open Gateway platform. This collaboration marks a significant step in jointly building a secure and intelligent one-click verification infrastructure for Chinese enterprises expanding overseas. At the recent 2025 China Unicom Partner Conference, titled "A

    7/21/25 5:00:00 AM ET
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    EngageLab Showcases Omnichannel Engagement and AI Innovation at The MarTech Summit Hong Kong

    SINGAPORE, July 09, 2025 (GLOBE NEWSWIRE) -- EngageLab, a global leader in customer engagement and marketing technology, proudly participated in The MarTech Summit Hong Kong, one of Asia's premier events for marketing technology professionals. The summit brought together industry leaders, innovators, and decision-makers to explore the latest trends and breakthroughs shaping the future of MarTech. This year's summit featured senior marketing executives from world-renowned brands such as JPMorgan, Yahoo, Nike, and DBS, as well as leading Hong Kong enterprises including Cathay Pacific, Hong Kong Disneyland, and The Hong Kong Jockey Club. EngageLab had the valuable opportunity to engage direc

    7/9/25 5:11:28 AM ET
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    GPTBots Partners with REDtone Digital Berhad to Usher in a New Era of AI Innovation

    SHENZHEN, China, Jan. 15, 2025 (GLOBE NEWSWIRE) -- Aurora Mobile Limited (NASDAQ:JG) ("Aurora Mobile" or the "Company"), a leading provider of customer engagement and marketing technology services in China, today announced that its globally recognized AI agent platform, GPTBots, has officially entered into a strategic partnership with REDtone Digital Berhad, a leading integrated telecommunications and digital infrastructure service provider in Malaysia. This alliance represents a significant milestone for GPTBots in its global market expansion and offers robust support for REDtone's AI business endeavors. The signing ceremony took place at GPTBots' headquarters in Shenzhen, with Chris L

    1/15/25 5:00:00 AM ET
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    CORRECTION - Fanhua Announces Changes to the Board of Directors and Management Team

    GUANGZHOU, China, Oct. 09, 2024 (GLOBE NEWSWIRE) -- The board of directors (the "Board") of Fanhua Inc. (NASDAQ:FANH) (the "Company" or "Fanhua"), a leading independent technology-driven financial services provider in China, today issued an updated press release to correct its press release disseminated on October 1, 2024 which announced changes to its board of directors and management team (the "Original Announcement"). The statement regarding the professional experience of the newly appointed chairperson of the Board in the Original Announcement is hereby replaced with and changed to "Since June 2023, Ms. Hang Suong Nguyen has served as the Vice President of WEALTH WILL LIMITED, overseei

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    MoonFox Analysis | Grabbing the Market, Consumption Transformation under the Low Price Strategy

    About us: Aurora Mobile (NASDAQ:JG) established in 2011, is a leading customer engagement and marketing technology service provider in China. Its business includes notification services, marketing growth, development tools, and data products. As its sub-brand, MoonFox Data is a leading expert in data insights and analysis services across all scenarios, aiming to help companies gain market insights and empower precise decision-making. SHENZHEN, China, May 15, 2024 /PRNewswire/ -- As of 2023, the total retail sales of social consumer goods in China reached RMB 47.15 trillion, with a year-on-year increase of 7.2%. Under various favorable policies, the consumer market in China is gradually being

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