Secoo Announces Changes in Board of Directors
June 17 2020 - 4:05PM
Secoo Holding Limited (“Secoo” or the “Company”) (NASDAQ: SECO),
Asia’s largest online integrated upscale products and services
platform, today announced that its Board of Directors (the “Board”)
has approved the appointment of Ms. Qi Zhu as a member of the
Board, effective immediately. At the same time, Ms. Jeacy Jisheng
Yan will step down from the Board with immediate effect after nine
years of dedicated service.
Ms. Zhu currently serves as Vice President of
Qudian Inc. (“Qudian”, NYSE:QD) and is responsible for Qudian’s
financial analysis and capital markets activities. Prior to joining
Qudian, Ms. Zhu worked at the investment banking department of
Credit Suisse in Hong Kong, where she worked on various capital
markets transactions. Ms. Zhu holds a BBA degree from the
University of Hong Kong.
Mr. Richard Rixue Li, Chairman and Chief
Executive Officer of Secoo, commented, “We are delighted to have
successfully closed the transaction with Qudian and welcome Ms. Zhu
to our Board. We look forward to closely collaborating with Qudian
in various areas such as supply-chain and customer acquisition. We
are also grateful for Ms. Yan’s long-term contribution to our
Board.”
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 400,000 SKUs, covering over 3,800
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 http://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)
6508-0677 E-mail: Secoo@tpg-ir.com
In the United States: The Piacente Group,
Inc. Brandi Piacente Tel: +1-212-481-2050 E-mail:
Secoo@tpg-ir.com
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