– CHINA, Beijing – Yunji Inc. (NASDAQ: YJ), a leading membership-based social e-commerce platform, today announced the appointment of Xuefeng Chen to its Board as an Independent Director effective September 6, 2023.
Concurrently, Suqin Xi has resigned from the board of directors.
Xuefeng Chen will join the audit committee, compensation committee, and nominating and corporate governance committee.
About Xuefeng Chen
Mr. Xuefeng Chen joined Shenzhen Tiantu Capital Co., Ltd. in 2015 and currently serves as its Managing Director and Head of the Investment and Financing Management Department. He is responsible for fund management and post-investment project management. Before joining Tiantu, Mr. Chen served as VP of Shenzhen Jinxin Industrial Group from 2012 to 2015. He served as a partner at Guangdong Ruiting Law Firm from 2010 to 2012, accumulating rich capital market experience. Before that, he worked at Guangdong Jundao Law Firm from 2007 to 2010. Mr. Chen is a certified public accountant and a certified tax agent. He received his bachelor’s degree in law from the Southwest University of Political Science and Law in China.
About Yunji Inc.
Yunji Inc. is a leading social e-commerce platform in China that has pioneered a unique, membership-based model to leverage the power of social interactions. The Company’s e-commerce platform offers high-quality products at attractive prices across a wide variety of categories catering to the day-to-day needs of Chinese consumers. In addition, the Company uses advanced technologies including big data and artificial intelligence to optimize user experience and incentivize members to promote the platform as well as share products with their social contacts. Through deliberate product curation, centralized merchandise sourcing, and efficient supply chain management, Yunji has established itself as a trustworthy e-commerce platform with high-quality products and exclusive membership benefits, including discounted prices.
For more information: https://yunjiglobal.com/
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