Molecular Data Inc. Announces Appointment of Independent Director
May 20 2020 - 1:15AM
Molecular Data Inc. (“Molecular Data” or the “Company”) (Nasdaq:
MKD), a leading technology-driven platform in China’s chemical
industry, today announced that Mr. Yanbin Wang has been appointed
as a new independent director to the Company’s board of directors
(the “Board”), effective May 20, 2020. Mr. Yanbin Wang will also
serve as a member of the Board’s nominating and corporate
governance committee. Upon the appointment of Mr. Yanbin Wang, the
Board will consist of five members: Dr. Dongliang Chang, Dr. Zheng
Wang, Dr. Dawei Ma, Dr. Ning Zhu and Mr. Yanbin Wang.
Mr. Yanbin Wang is currently serving as a senior
vice president overseeing North Asia business at Borouge Pte. Ltd.,
a leading company in plastics industry. Mr. Yanbin Wang started his
career in financial industry with KPMG, and later joined AkzoNobel,
a leading paint and coatings company, where he held various
director positions within Powder Coatings business in both Asia and
North America regions. Mr. Yanbin Wang holds a bachelor’s degree in
Science from Fudan University and MBA from Boston University.
About Molecular Data Inc.
Molecular Data Inc. is a leading
technology-driven platform in China’s chemical industry, connecting
participants along the chemical value chain through integrated
solutions. The Company delivers e-commerce solutions, financial
solutions, warehousing and logistics solutions, and SaaS suite that
are intended to solve pain points for participants in the
traditional chemical industry. Built upon a comprehensive knowledge
engine and artificial intelligence (AI) capabilities, the Company’s
e-commerce solutions are mainly offered through its online
platform, consisting of molbase.com, molbase.cn, Moku Data Weixin
account, Chemical Community App and other ancillary platforms.
For investor and media inquiries, please
contact:
In China:
Molecular Data Inc. Eva Ma Tel: +86-21-5419-9075
E-mail: investor@molbase.com
The Piacente Group, Inc. Emilie Wu Tel: +86-21-6039-8363
E-mail: molbase@tpg-ir.com
In the United States:
The Piacente Group, Inc. Brandi Piacente Tel: +1-212-481-2050
E-mail: molbase@tpg-ir.com
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