Molecular Data Inc. Files 2019 Annual Report on Form 20-F

Rhea-AI Summary

Molecular Data Inc. (Nasdaq: MKD) has filed its annual report on Form 20-F for the fiscal year ended December 31, 2019, with the U.S. Securities and Exchange Commission on June 12, 2020. The annual report is accessible on the Company's investor relations website, with hard copies available upon request for shareholders and ADS holders. Molecular Data operates as a technology-driven platform in China's chemical industry, offering e-commerce solutions, financial solutions, warehousing, logistics, and a SaaS suite to connect participants in the chemical value chain.

Positive

• Filed annual report on Form 20-F for FY 2019, enhancing transparency.
• Offers comprehensive e-commerce and SaaS solutions in China's chemical industry.

Negative

• None.

SHANGHAI, China, June 30, 2020 (GLOBE NEWSWIRE) -- 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 filed its annual report on Form 20-F for the fiscal year ended December 31, 2019 with the U.S. Securities and Exchange Commission on June 12, 2020.

The annual report can be accessed on the Company’s investor relations website at http://investor.molbase.com. The Company will provide hard copies of the annual report containing its audited financial statements, free of charge, to its shareholders and ADS holders upon request. Requests should be directed to Investor Relations, Molecular Data Inc., 5F, Building 12, No. 1001 North Qinzhou Road, Shanghai, 200233, People’s Republic of China.

About Molecular Data Inc.

Molecular Data Inc. is a leading technology-driven platform in China’s chemical industry, connecting participants along the chemical value chain through integrated solutions. The Company delivers e-commerce solutions, financial solutions, warehousing and logistics solutions, and SaaS suite that are intended to solve pain points for participants in the traditional chemical industry. Built upon a comprehensive knowledge engine and artificial intelligence (AI) capabilities, the Company’s e-commerce solutions are mainly offered through its online platform, consisting of molbase.com, molbase.cn, Moku Data Weixin account, Chemical Community App and other ancillary platforms.

For investor and media inquiries, please contact:

In China:

Molecular Data Inc.
Eva Ma
Tel: +86-21-5419-9075
E-mail: Investor@molbase.com

The Piacente Group, Inc.
Emilie Wu
Tel: +86-21-6039-8363
E-mail: molbase@tpg-ir.com

In the United States:

The Piacente Group, Inc.
Brandi Piacente
Tel: +1-212-481-2050
E-mail: molbase@tpg-ir.com

Source: Molecular Data Inc.

FAQ

What is the significance of Molecular Data's Form 20-F filing?

The Form 20-F filing provides essential information and transparency regarding the financial performance for FY 2019.

When did Molecular Data file its annual report?

Molecular Data filed its annual report on June 12, 2020.

How can shareholders access Molecular Data's annual report?

Shareholders can access the annual report on the Company's investor relations website or request a hard copy.

What services does Molecular Data offer?

Molecular Data provides e-commerce solutions, financial solutions, warehousing and logistics, and a SaaS suite for the chemical industry.

What platform does Molecular Data use for its services?

Molecular Data's services are offered through its online platforms, including molbase.com and molbase.cn.