Baozun Opens Warehouse in Beijing

Baozun Inc.

today announced that operations at the Company's seventh logistics warehouse in Beijing began in September 2015. The Beijing warehouse is the Company's first warehouse in northern China and is the third opened this year. With the addition of the Beijing warehouse, the Company now operates warehouses with an aggregate gross floor area of close to 100,000 m2. In addition to the warehouses in Guangzhou, Suzhou and Hong Kong, the Beijing warehouse will seamlessly fit into the Company's overall e-commerce logistics network in China and strengthen its presence in northern China allowing it to reduce transportation costs and delivery times to provide next day delivery service to core northern cities. The geographic expansion of the Company's warehouses will provide its brand partners with ample resources to meet the enormous surge that takes place in the days following China's November 11 Singles' Day shopping festival in a timely and efficient manner. "The opening of our seventh warehouse in Beijing will strengthen our logistical presence in Northern China and allow us to provide a better end-to-end ecommerce solution to our