BEIJING, May 2, 2022 /PRNewswire/ -- Waterdrop Inc. ("Waterdrop", the "Company" or "we") (NYSE:WDH), a leading technology platform dedicated to insurance and healthcare service with a positive social impact, today announced the appointment of Mr. Ning Zhu as a new independent director to its board of directors (the "Board") and the resignation of Mr. Peng Shen as a member of the audit committee of the Board, both effective May 2, 2022. Mr. Zhu will also serve as a member of the audit committee of the Board. After the change, the Board will consist of nine members, three of whom are independent directors, and the audit committee will consist solely of independent directors. Mr. Ning Zhu has b

SHANGHAI, China, Dec. 02, 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 the Company has appointed Mr. Steven Foo as the new chief financial officer, effective December 1, 2020. Mr. Zhaohong Li has tendered his resignation as chief financial officer, for personal reasons. “We greatly appreciate the contributions that Zhaohong has made during his tenure with the Company, leading our IPO, and building a public company finance team. We respect Zhaohong’s decision and wish him the very best in his future pursuits,” said Dr. Dongliang Chang, Founder and Chair

SHANGHAI, June 24, 2022  /PRNewswire/ -- Molecular Data, Inc. ("Molecular Data" or the "Company") (NASDAQ:MKD), a technology-driven platform in China, announced that it had received a letter from The Nasdaq Stock Market LLC ("Nasdaq"), notifying the Company that to date, it has not regained compliance with the Rule 5250(c)(1). Since the Company is already before a Hearings Panel for its failure to comply with the $1.00 minimum bid price requirement set forth in Listing Rule 5550(a)(2),pursuant to Listing Rule 5810(d)(2), rather than submit a compliance plan for Staff's review, the Company is to address the matter before the Hearings Panel. About Molecular Data, Inc. Molecular Data Inc. is a

SHANGHAI, May 27, 2022 /PRNewswire/ -- Molecular Data, Inc. ("Molecular Data" or the "Company") (NASDAQ:MKD), a technology-driven platform in China, announced today that on May 25, 2021, it had received a letter from The Nasdaq Stock Market LLC ("Nasdaq"), notifying the Company that its minimum closing bid price per share for its ordinary shares had fallen below $1.00 for a period of 30 consecutive business days and that the Company did not meet the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2). On November 29, 2021, the Company was provided with an additional 180 calendar day compliance period, or until May 23, 2022, to demonstrate compliance. On May 24, 2022, th

SHANGHAI, May 20, 2022 /PRNewswire/ -- Molecular Data Inc. (NASDAQ:MKD) (the "Company") announced today a ratio change on its American Depositary Shares ("ADS") from the current one (1) ADS representing three (3) Class A ordinary shares to the new ratio of one (1) ADS representing forty-five (45) Class A ordinary shares (the "Ratio Change"). The effective date of the Ratio Change is expected to be May 23, 2022. Each ADS holder of record at the close of business on the date when the change in ADS ratio is effective will be required to surrender and exchange every fifteen (15) existing ADSs then held for one (1) new ADS. JPMorgan Chase Bank, N.A., as the depositary bank for the Company's ADS p

SHANGHAI, May 20, 2022 /PRNewswire/ -- Molecular Data Inc. (NASDAQ:MKD) (the "Company") announced today that on May 17, 2022, it received a Delinquency Compliance Plan Alert Letter (the "Letter") from The Nasdaq Stock Market LLC ("Nasdaq") stating that the Company was not in compliance with Nasdaq Listing Rule 5250(c)(1), because it has not timely filed its annual report on Form 20-F for the period ended December 31, 2021. In the Letter, Nasdaq stated that the Company has 60 calendar days to submit a plan to regain compliance. If Nasdaq accepts the Company's plan, Nasdaq can grant the Company an exception of up to 180 calendar days from the Company's Form 20-F's filing due date, or until Nov

BEIJING, May 2, 2022 /PRNewswire/ -- Waterdrop Inc. ("Waterdrop", the "Company" or "we") (NYSE:WDH), a leading technology platform dedicated to insurance and healthcare service with a positive social impact, today announced the appointment of Mr. Ning Zhu as a new independent director to its board of directors (the "Board") and the resignation of Mr. Peng Shen as a member of the audit committee of the Board, both effective May 2, 2022. Mr. Zhu will also serve as a member of the audit committee of the Board. After the change, the Board will consist of nine members, three of whom are independent directors, and the audit committee will consist solely of independent directors. Mr. Ning Zhu has b

SHANGHAI, Jan. 19, 2022 /PRNewswire/ -- Molecular Data Inc. ("Molecular Data" or the "Company") (NASDAQ:MKD), a leading technology-driven platform in China's chemical industry, today announced that the Company has been awarded with the 2021 Digital Service Innovation Enterprise Award. The 2021 Innovation Impact Initiative is launched by CCID, China Electronics Information Industry Research Institute (part of the PRC's Ministry of Industry and Information Technology) and Digital Economy Magazine. This awards list is jointly released by both organizations. On the same day, Molecular Data has been rated top 8 in the "Digitalization of the plastics industry" list. A renowned agency, the Research

SHANGHAI, Dec. 14, 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 the Company has entered an agreement to form a Joint Venture to build supercomputing clusters in North America. The new Joint Venture plans to construct two plants in the USA and start operating on one plant in the next two months in the initial phase. The Company expects to add 13MW in the initial phase. The new business line is expected to generate approximately US$5 million in revenue and US$4 million in gross profit. The Company has made a strategic decision to develop blockchain technologies

SHANGHAI, Dec. 8, 2021 /PRNewswire/ -- Recently, following the PRC development directives of Intelligent Industrial Parks for Chemical Enterprises, Molecular Data Inc. (NASDAQ:MKD) has stepped up its involvement in the construction of the chemical industry internet infrastructure, integrating 5G technology, AI, Internet of things (IOT). From the two dimensions involving the E-commerce service platform and industrial internet infrastructure, MKD seeks to help improve the construction of Smart Industrial Parks, and Smart Cities. Meanwhile, MKD's participation in the Smart Chemical Park construction project will not only steadily improve the infrastructure service system, it will create a more

SHANGHAI, Dec. 6, 2021 /PRNewswire/ -- Molecular Data Inc. (NASDAQ:MKD) has upgraded its platform using Blockchain for its current chemical business. With properties of Blockchain including traceability and transparency, such an adoption can be applied in numerous processes from the front to back end in the current business to improve credibility. Also, the transactions efficiency and safety will be enhanced. About Molecular Data Inc. Molecular Data Inc. is a 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 so

SHANGHAI, Dec. 3, 2021 /PRNewswire/ -- Dr. Dongliang Chang, Chairman of the Board of Directors of Molecular Data Inc. (NASDAQ:MKD), has been appointed the Dean of the Institute for Industrial Internet of Things(IOT) Industry Research, Hangzhou Institute for Advanced Studies, UCAS (hereinafter referred to as "Hangzhou Institute"). A part of the Chinese Academy of Sciences, the Hangzhou Institute has also appointed Dr Chang as a distinguished professor. The appointments will harness MKD's Industrial IOT capabilities. About Molecular Data Inc. Molecular Data Inc. is a technology-driven platform in China's chemical industry, connecting participants along the chemical value chain through integ

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SC 13G - Molecular Data Inc. (0001758736) (Subject)

SC 13G - Molecular Data Inc. (0001758736) (Subject)

SC 13G - Molecular Data Inc. (0001758736) (Subject)