Yunji Inc. (“Yunji” or the “Company”) (NASDAQ: YJ), a leading membership-based social e-commerce platform, today announced that Mr. Chengqi Zhang has resigned as Vice President of Finance of the company for personal reasons, effective May 6, 2022. Mr. Chengqi Zhang will continue to serve the Company as a consultant, helping to ensure his successor’s smooth transition into his new role. Mr. Peng Zhang has been appointed as Vice President of Finance of the company, effective the same date as Mr. Chengqi Zhang’s resignation.
Mr. Shanglue Xiao, Chairman and Chief Executive Officer of Yunji, commented, “On behalf of Yunji and the Board, I would like to express our thanks to Mr. Chengqi Zhang for his contributions and dedication to the Company over the past two years, especially on the financing and capital market fronts. Mr. Peng Zhang is a veteran in the field of finance who successfully led Yunji’s business and finance analysis team for the previous four years. He has been invaluable in his role implementing and executing our key strategies during his time at the Company. Working together, we will further enhance shareholder value and maintain a steady financial performance.”
Mr. Peng Zhang has served as Yunji’s senior financial director since 2018. Prior to joining the Company, he served as director of financial planning and analysis at Otis Electric, a leading elevator and escalator manufacturing, installation, and service company, from 2016 to 2018, and as works controller at the same company from 2014 to 2015. Mr. Zhang was a financial manager at Bosch Power Tools (China) Co., Ltd., a leading global supplier of technology and services, from 2011 to 2013. Prior to that, he was a senior financial analyst at Alipay (China) Network Technology Co., Ltd., a subsidiary of Alibaba Group Holding Limited, from 2010 to 2011. Mr. Zhang served as a financial analyst at Hangzhou Huasan Communication Technology Co., Ltd., from 2006 to 2010. Mr. Zhang received his bachelor’s degree in business administration and his master’s degree in financial management from Xiamen University in 2003 and 2006 respectively.
