Boqii Announces Senior Management Change

Rhea-AI Summary

On March 14, 2022, Boqii Holding Limited (NYSE: BQ) announced the resignation of Mr. Lijun Zhou as Vice President due to personal reasons. Mr. Zhou, who has been with the company since 2017, was instrumental in managing private labels and supply chains. The board expressed gratitude for his contributions to Boqii's growth. Boqii is recognized as a leading pet-focused platform in China, offering a wide range of pet products through online platforms and fostering community engagement among pet owners.

Positive

• Strong leadership in supply chain management prior to resignation.
• Continued growth of the company under previous management.

Negative

• Leadership change could disrupt the ongoing projects related to supply chain and private labels.

SHANGHAI, March 14, 2022 /PRNewswire/ -- Boqii Holding Limited ("Boqii" or the "Company") (NYSE: BQ), a leading pet-focused platform in China, today announced that Mr. Lijun Zhou has resigned from his position as the Company's Vice President and all his roles as a director or an officer of the applicable affiliates of the Company due to personal reasons, effective immediately. Mr. Lijun Zhou has served as the Company's Vice President since 2017 and was mainly in charge of our private labels and supply chain management.

The board of directors of Boqii wishes to extend its gratitude to Mr. Lijun Zhou for his contributions to the continued growth of Boqii throughout the years. Mr. Hao Liang, Boqii's Founder, Chairman and Chief Executive Officer, said: "Lijun has extensive experience in supply chain management and private label development. He has helped us build strong teams in both areas. We wish him the very best in his future endeavors."

About Boqii Holding Limited

Boqii Holding Limited (NYSE: BQ) is a leading pet-focused platform in China. We are the leading online destination for pet products and supplies in China with our broad selection of high-quality products including global leading brands, local emerging brands, and our own private label, Yoken and Mocare, offered at competitive prices. Our online sales platforms, including Boqii Mall and our flagship stores on third-party e-commerce platforms, provide customers with convenient access to a wide selection of high-quality pet products and an engaging and personalized shopping experience. Our Boqii Community provides an informative and interactive content platform for users to share their knowledge and love for pets.

For investor and media inquiries, please contact:

Boqii Holding Limited
Investor Relations
Tel: +86-21-6882-6051
Email: ir@boqii.com

DLK Advisory Limited
Tel: +852-2857-7101
Email: ir@dlkadvisory.com

View original content:https://www.prnewswire.com/news-releases/boqii-announces-senior-management-change-301501643.html

SOURCE Boqii Holding Limited

FAQ

Who resigned from Boqii Holding Limited on March 14, 2022?

Mr. Lijun Zhou resigned from his position as Vice President.

What role did Lijun Zhou have at Boqii Holding Limited?

He was the Vice President responsible for private labels and supply chain management.

What is Boqii Holding Limited known for?

Boqii is a leading pet-focused platform in China, offering a wide selection of pet products.

How long did Lijun Zhou serve at Boqii Holding Limited?

He served as Vice President since 2017.

What is the stock symbol for Boqii Holding Limited?

The stock symbol is BQ.