Analyst Coverage

Xiaoyan Wang/ Lisa Zhou
Bank of America Merrill Lynch
Eddie Leung /Joyce Ju
Blue Lotus Capital
Eric Wen / Chris Zhou
China Renaissance
Charlie Chen / Melissa Chen
Natalie Yue Wu
Alicia Yap
Sally Chan
Credit Suisse
Tina Long
Daiwa Capital
John Choi / Robin Leung
SWS research
Huang Qian
Essence Securities
Shouhong Huang
Thomas Chong
Billy Leung/ Nathan Wang
Macquarie Capital
Ellie Jiang
TH Capital
Tian X. Hou/ Yu Yang

Baozun Inc. is followed by the analysts listed above. Please note that any opinions, estimates or forecasts regarding Baozun Inc.'s performance made by these analysts are theirs alone and do not represent opinions, forecasts or predictions of Baozun Inc. or its management. Baozun Inc. does not by its reference above or distribution imply its endorsement of or concurrence with such information, conclusions or recommendations.