SHANGHAI, March 25, 2021 /PRNewswire/ -- Molecular Data
Inc. ("Molecular Data" or the "Company") (Nasdaq: MKD), a leading
technology-driven platform in China's chemical industry, today announced
that it has signed a cooperation agreement with Anhui Shilian
Special Solvent Co., Ltd., the largest professional manufacturer of
high-purity specialty solvents in China ("Anhui
Shilian").
In the future, the two parties will deepen cooperation in the
field of high-purity solvent series of products to provide industry
users with more diversified and high-quality products and services.
The cooperation covers numerous kinds of high-purity solvents based
on the advanced production technology of Anhui Shilian producing top-level high-purity
solvent products.
Molecular Data will help build Internet sales channel and
digital management system; this will not only optimize the supply
chain, it will also enhance Anhui
Shilian's market competitiveness, as a result serving
industry users more accurately, timely and effectively.
Anhui Shilian Specialty Solvent Co., Ltd. was established in
June 2002 and is the largest
professional manufacturer of high-purity specialty solvents in
China. Anhui Shilian now owns 9 complete chemical
production plants which includes "High Purity Special Solvents". It
mainly produces two series of products: high-purity solvents,
reagent series products and chemical products series.
Anhui Shilian is currently
China's largest professional
manufacturer of high-purity solvent series products that use coal
coking and coal gasification crude solvent as raw materials for
separation, and purification. It can produce high-quality phenol
derivatives and antioxidant products. The pure phenol series
products are recognized as provincial high-tech products by the
Provincial Science and Technology Department.
With a decade of experience in the chemical market, Molecular
Data has a comprehensive coverage that entails supply chain
finance and data services. The strategic cooperation with
Anhui Shilian will help leverage
Molecular Data's capabilities in the high-purity solvent industry.
The expertise that Molecular Data provides allows traditional
enterprises to tap on new opportunities brought about by Internet
big data.
The capabilities provided by Molecular Data will allow
Anhui Shilian to in turn provide
more diversified services, helping to develop and bring digital
upgrades to the industry.
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SOURCE Molecular Data Inc.