Secoo Holding Limited Announces Changes in Board of Directors
January 29 2018 - 6:00AM
Secoo Holding Limited (“Secoo” or the “Company”) (NASDAQ:SECO),
Asia's largest online integrated upscale products and services
platform, today announced the appointment of Mr. Jeff Zhaoxian Lin
as a member of the Board of Directors (the “Board”), with immediate
effect. Ms. Cindy Jia Guo will step down from the Board with
immediate effect after five years of dedicated service.
Mr. Jeff Zhaoxian Lin currently serves as chief
strategy officer at Country Garden Group (SEHK stock code:2007),
one of the largest real estate developers in the world. Mr. Lin has
more than twenty-one years of experience in investments and
strategic consultancy. Prior to joining Country Garden Group in
2015, Mr. Lin held senior positions in various international
consultancies and corporations, including director of greater China
region at Boston Consulting Group, assistant brand manager at
Procter & Gamble (USA and Taiwan), strategy principal at Booz
Allen Hamilton, global partner and vice president of PRC region at
Roland Berger Strategy Consultants, president of greater China
region at OC&C Strategy Consultants, and president at Strategic
Bang Group. Mr. Lin received a bachelor’s degree in law from
National Taiwan University and an MBA from the University of
Chicago.
“We are delighted to welcome Mr. Lin to our
Board,” said Mr. Richard Li, Chairman and chief executive officer
of Secoo. “Mr. Lin brings extensive experience in corporate
strategy and investment to Secoo. We look forward to working with
him and learning from his exceptional strategic expertise and
vision. We would also like to thank Cindy for her leadership and
support for Secoo since 2012.”
About Secoo Holding Limited
Secoo Holding Limited (“Secoo”) is Asia’s
largest online integrated upscale products and services platform as
measured by GMV in 2016. Secoo provides customers a wide selection
of authentic upscale products and lifestyle services on the
Company’s integrated online and offline shopping platform which
consists of the Secoo.com website, mobile applications and offline
experience centers, offering over 300,000 SKUs, covering over 3,000
global and domestic brands. Supported by the Company’s proprietary
database of upscale products, authentication procedures and brand
cooperation, Secoo is able to ensure the authenticity and quality
of every product offered on its platform.
For more information, please visit
ir.secoo.com
Safe Harbor Statement
This press release contains forward-looking
statements within the meaning of Section 27A of the Securities Act
of 1933, as amended, and Section 21E of the Securities Exchange Act
of 1934, as amended, and as defined in the Private Securities
Litigation Reform Act of 1995. These forward-looking statements
include but are not limited to Secoo management quotes and the
Company’s financial outlook. These forward-looking statements can
be identified by terminology such as “will,” “estimate,” “project,”
“predict,” “believe,” “expect,” “anticipate,” “intend,”
“potential,” “plan,” “goal” and similar statements. Secoo
Holding Limited 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. Such
statements involve certain risks and uncertainties that could cause
actual results to differ materially from those expressed or implied
in the forward-looking statements. These forward-looking statements
include, but are not limited to, statements about: the Company’s
goals and strategies; its future business development, financial
condition and results of operations; its ability to attract and
retain new customers and to increase revenues generated from repeat
customers; its expectations regarding demand for and market
acceptance of its products and services; trends and competition in
China’s e-commerce market; changes in its revenues and certain cost
or expense items; the expected growth of the Chinese e-commerce
market; Chinese governmental policies relating to the Company’s
industry and general economic conditions in China. For
additional information on these and other important factors that
could adversely affect the Company's business, financial condition,
results of operations and prospects, please see its filings with
the U.S. Securities and Exchange Commission.
Secoo Holding Limited does not undertake any
obligation to update any forward-looking statement, except as
required under applicable law. All information provided in this
press release and in the attachments is as of the date of this
press release, and Secoo Holding Limited undertakes no duty to
update such information, except as required under applicable
law.
For investor and media inquiries, please
contact:
In China: Secoo Holding Limited Jingbo Ma Tel:
+86 10 6588-0135 E-mail: ir@secoo.com
The Piacente Group, Inc. Jenny Cai Tel: +86 (10)
5730-6200 E-mail: Secoo@tpg-ir.com
In the United States: The Piacente Group,
Inc. Alan Wang Tel: +1-212-481-2050 E-mail:
Secoo@tpg-ir.com
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