Statement of Changes in Beneficial Ownership (Form 4)

FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person * Chen Kerry Xuefeng 2. Issuer Name and Ticker or Trading Symbol ATRenew Inc. [RERE] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) __X__ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) Chief Executive Officer (Last) (First) (Middle) 12TH FLOOR, NO. 6 BUILDING, 433 SONGHU ROAD 3. Date of Earliest Transaction (Month/Day/Year) 03/25/2026 (Street) SHANGHAI 200433 4. If Amendment, Date Original Filed (Month/Day/Year) 6. Individual or Joint/Group Filing (Check Applicable Line) _X_ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person (City) (State) (Zip) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price American depositary shares(1) 03/25/2026 M 8,423,097 A (1) 9,134,518 D Class C ordinary shares 11,287,336 I By C&XF Group Limited(2)

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Underlying Securities (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Options (Right to Buy)	$0.10	03/25/2026		M			407,200	(3)	01/01/2027	Class A ordinary shares	407,200	$ 0	0	D
Options (Right to Buy)	$0.10	03/25/2026		M			19,844	(4)	07/01/2028	Class A ordinary shares	19,844	$ 0	0	D
Options (Right to Buy)	$0.10	03/25/2026		M			15,314	(5)	01/01/2029	Class A ordinary shares	15,314	$ 0	0	D
Options (Right to Buy)	$0.10	03/25/2026		M			75,931	(6)	01/01/2029	Class A ordinary shares	75,931	$ 0	0	D
Options (Right to Buy)	$0.10	03/25/2026		M			26,521	(7)	09/01/2026	Class A ordinary shares	26,521	$ 0	0	D
Options (Right to Buy)	$0.10	03/25/2026		M			4,793	(8)	10/04/2026	Class A ordinary shares	4,793	$ 0	0	D
Options (Right to Buy)	$0.10	03/25/2026		M			70,650	(9)	07/31/2029	Class A ordinary shares	70,650	$ 0	0	D
Options (Right to Buy)	$0.10	03/25/2026		M			64,291	(10)	01/01/2031	Class A ordinary shares	64,291	$ 0	0	D
Options (Right to Buy)	$0.10	03/25/2026		M			1,725,746	(11)	01/01/2031	Class A ordinary shares	1,725,746	$ 0	0	D
Restricted share units	(12)	03/25/2026		M			2,964,091	04/13/2021	04/13/2031	Class A ordinary shares	2,964,091	$ 0	0	D
Options (Right to Buy)	$0.10	03/25/2026		M			179,030	(13)	01/01/2032	Class A ordinary shares	179,030	$ 0	0	D
Options (Right to Buy)	$0.10	03/25/2026		M			1,378	03/13/2024	03/13/2033	Class A ordinary shares	1,378	$ 0	0	D
Options (Right to Buy)	$0.10	03/25/2026		M			7,276	04/01/2024	04/01/2033	Class A ordinary shares	7,276	$ 0	0	D
Options (Right to Buy)	$0.10	03/25/2026		M			53,333	07/01/2025	07/01/2035	Class A ordinary shares	53,333	$ 0	0	D

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
Chen Kerry Xuefeng 12TH FLOOR, NO. 6 BUILDING 433 SONGHU ROAD SHANGHAI 200433	X		Chief Executive Officer

Signatures

/s/ Chen Xuefeng		03/26/2026
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	Represents American depositary shares acquired through the exercise of options and the vesting of restricted share units. Every three American depositary shares ("ADS") represent two Class A ordinary shares, par value US$0.001 per share.
(2)	Shares held of record by C&XF Group Limited, which is wholly owned by the reporting person.
(3)	Represents options to purchase 407,200 Class A ordinary shares granted on January 1, 2017. The options vest in equal installments of 1/4 of the options on the January 1 of each year thereafter over the next 4 years, subject to the reporting person's continued service through the applicable vesting date.
(4)	Represents options to purchase 19,844 Class A ordinary shares granted on July 1, 2018. The options vest in equal installments of 1/4 of the options on the July 1 of each year thereafter over the next 4 years, subject to the reporting person's continued service through the applicable vesting date.
(5)	Represents options to purchase 15,314 Class A ordinary shares granted on January 1, 2019. The options vest in equal installments of 1/4 of the options on the January 1 of each year thereafter over the next 4 years, subject to the reporting person's continued service through the applicable vesting date.
(6)	Represents options to purchase 75,931 Class A ordinary shares granted on January 1, 2019. The options vest in equal installments of 1/4 of the options on the January 1 of each year thereafter over the next 4 years, subject to the reporting person's continued service through the applicable vesting date.
(7)	Represents options to purchase 26,521 Class A ordinary shares granted on September 1, 2016. The options vest in equal installments of 1/4 of the options on the September 1 of each year thereafter over the next 4 years, subject to the reporting person's continued service through the applicable vesting date.
(8)	Represents options to purchase 4,793 Class A ordinary shares granted on October 4, 2016. The options vest in equal installments of 1/4 of the options on the October 4 of each year thereafter over the next 4 years, subject to the reporting person's continued service through the applicable vesting date.
(9)	Represents options to purchase 70,650 Class A ordinary shares granted on July 31, 2019. The options vest in equal installments of 1/4 of the options on the July 31 of each year thereafter over the next 4 years, subject to the reporting person's continued service through the applicable vesting date.
(10)	Represents options to purchase 64,291 Class A ordinary shares granted on January 1, 2021. The options vest in equal installments of 1/4 of the options on the January 1 of each year thereafter over the next 4 years, subject to the reporting person's continued service through the applicable vesting date.
(11)	Represents options to purchase 1,725,746 Class A ordinary shares granted on January 1, 2021. The options vest in equal installments of 1/4 of the options on the January 1 of each year thereafter over the next 4 years, subject to the reporting person's continued service through the applicable vesting date.
(12)	Each restricted share unit represents the contingent right to receive one (1) Class A ordinary shares of the Issuer upon vesting.
(13)	Represents options to purchase 179,030 Class A ordinary shares granted on January 1, 2022. The options vest in equal installments of 1/4 of the options on the January 1 of each year thereafter over the next 4 years, subject to the reporting person's continued service through the applicable vesting date.

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