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Boqii Announces Senior Management Change

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On July 26, 2021, Boqii Holding Limited (NYSE: BQ) announced the resignation of Jackie Chen from his role as Senior Vice President and Director due to personal reasons. Chen has been with the company since 2012, contributing significantly to global supply chain management. Following his departure, Yingzhi Tang, the Co-CEO and CFO, will take over his responsibilities. The board expressed gratitude for Chen's contributions, noting his vital role in Boqii's growth from a startup to a publicly traded company.

Positive
  • Yingzhi Tang appointed as new Senior Vice President, ensuring continuity in leadership.
Negative
  • Jackie Chen's resignation may create uncertainty in management and operations.

SHANGHAI, July 26, 2021 /PRNewswire/ -- Boqii Holding Limited ("Boqii" or the "Company") (NYSE: BQ), a leading pet-focused platform in China, today announced that Mr. Di (Jackie) Chen resigned from his positions as the Company's Senior Vice President and Director and all his duties as a director or an officer of the Company's affiliates due to personal reasons, effective immediately. Mr. Jackie Chen had served as the Company's Senior Vice President and Director since 2012 and played an integral role in global supply chain management and operations. Ms. Yingzhi (Lisa) Tang, the Company's Co-CEO and CFO, assumes Mr. Chen's role upon his departure.

The board of directors of Boqii wishes to extend their deep gratitude to Jackie for his contributions to Boqii's continuous growth throughout the years. Mr. Hao Liang, Boqii's Founder, Chairman and Chief Executive Officer, said: "Jackie's unique expertise, honed over 13 years of helping Boqii grow from a startup to the global publicly traded company it is today and his bonding with the whole team, will be missed. I 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:

In China:

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

The Blueshirt Group
Ms. Susie Wang
Email: susie@blueshirtgroup.com

In the United States:

The Blueshirt Group
Ms. Julia Qian
Email: julia@blueshirtgroup.com

Cision View original content:https://www.prnewswire.com/news-releases/boqii-announces-senior-management-change-301340846.html

SOURCE Boqii Holding Limited

FAQ

Who has replaced Jackie Chen at Boqii Holding Limited?

Yingzhi Tang has taken over the role of Senior Vice President following Jackie Chen's resignation.

When did Jackie Chen resign from Boqii Holding Limited?

Jackie Chen resigned on July 26, 2021.

What was Jackie Chen's role at Boqii Holding Limited?

Jackie Chen served as the Senior Vice President and Director, focusing on global supply chain management.

How long did Jackie Chen work at Boqii Holding Limited?

Jackie Chen worked at Boqii Holding Limited for 13 years since 2012.

What is Boqii Holding Limited's stock symbol?

Boqii Holding Limited trades under the stock symbol BQ on the NYSE.

Boqii Holding Limited American Depositary Shares (each representing fifteen (15)

NYSE:BQ

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