SHANGHAI, Jan. 19, 2022 /PRNewswire/ -- Molecular Data Inc.
("Molecular Data" or the "Company") (Nasdaq: MKD), a leading
technology-driven platform in China's chemical industry, today announced
that the Company has been awarded with the 2021 Digital Service
Innovation Enterprise Award. The 2021 Innovation Impact Initiative
is launched by CCID, China Electronics Information Industry
Research Institute (part of the PRC's Ministry of Industry and
Information Technology) and Digital Economy Magazine. This awards
list is jointly released by both organizations.
On the same day, Molecular Data has been rated top 8 in the
"Digitalization of the plastics industry" list. A renowned
agency, the Research center of E-commerce and the E-commerce
Platform jointly released this "Top 100 list for China's industrial digitalization in
2021".
The "2021 Innovation Influence Achievement" award initiated by
CCID and "Digital Economy" magazine is to give credit to the
innovative entrepreneurs, and better promote the enterprises,
technologies, services, products and application cases who have
contributed to innovation in 2021.
The "Top 100" list of China's
industrialization 2021 is compiled by the Center for E-commerce and
E-commerce Platform, is based on a large database which includes
the scale of platforms, revenue, profit, investment and financing
(valuation), Monthly Active Users, ratings and other indicators, as
well as industry influence, word-of-mouth and other soft indicators
to arrive at a comprehensive evaluation, reflecting the current
industrial digital development for these enterprises.
Under the development wave of 5G, new infrastructure, industrial
Internet of Things, and industrial
digitalization, Molecular Data has actively expanded its
ecosystem, and continuously explored cutting-edge technologies to
empower the traditional chemical industry and promote the upstream
and downstream digital upgrades in the industrial ecosystem.
Molecular Data is honored to receive these two awards at the
start of 2022, a recognition of the company's efforts in the field
of industrial digitalization.
About Molecular Data Inc.
Molecular Data Inc. is a 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
WeChat account, Chemical Community APP and other ancillary
platforms.
Safe Harbor Statement
This announcement contains forward-looking statements. These
statements are made under the "safe harbor" provisions of the U.S.
Private Securities Litigation Reform Act of 1995. These
forward-looking statements can be identified by terminology such as
"will," "expects," "anticipates," "aims," "future," "intends,"
"plans," "believes," "estimates," "confident," "potential,"
"continue" or other similar expressions. Among other things, the
quotations from management in this announcement, as well as the
Company's strategic and operational plans, contain forward-looking
statements. The Company may also make written or oral
forward-looking statements in its periodic reports to the U.S.
Securities and Exchange Commission, in its annual report to
shareholders, in press releases and other written materials and in
oral statements made by its officers, directors or employees to
third parties. Statements that are not historical facts, including
but not limited to statements about the Company's beliefs and
expectations, are forward-looking statements. Forward-looking
statements involve inherent risks and uncertainties, and a variety
of factors could cause actual results to differ materially from
those contained in any forward-looking statement, including but not
limited to the following: the Company's goals and strategies; the
Company's future business development, results of operations and
financial condition; the expected growth of the chemical market;
the Company's ability to monetize the user base; fluctuations in
general economic and business conditions in China; the potential impact of the COVID-19 to
the Company's business operations and the economy in China and elsewhere generally; and assumptions
underlying or related to any of the foregoing. Further information
regarding these and other risks is included in the Company's
filings with the Securities and Exchange Commission. All
information provided in this press release is as of the date of the
press release, and the Company undertakes no duty to update such
information, except as required under applicable law.
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SOURCE Molecular Data Inc.