XIAMEN,
China, May 13, 2024 /PRNewswire/ -- Qudian Inc.
("Qudian" or "the Company" or "We") (NYSE: QD), a consumer-oriented
technology company, today announced that Mr. David Cui has replaced Mr. Shengwen Rong as a member of the board of
directors (the "Board"), audit committee and compensation committee
of the Company.
Mr. Shengwen Rong resigned from
the Board for personal reasons, effective as of May 11, 2024. Upon recommendation by the
nominating and corporate governance committee of the Company, the
Board resolved to appoint Mr. David
Cui as a director and member of the audit committee and
compensation committee to fill the positions vacated by Mr.
Shengwen Rong, effective as of
May 11, 2024.
Mr. Cui has served as an independent non-executive director of
Inkeverse Group Limited (formerly known as Inke Limited), a leading
Chinese mobile live streaming company listed on the Hong Kong Stock
Exchange, since June 2018, and Yalla
Group Limited, the largest Middle
East and North Africa
(MENA)-based online social networking and gaming company, since
September 2020. Mr. Cui has extensive
experience in public accounting and financial management. From
October 2020 to May 2023, Mr. Cui served as the chief financial
officer of Vipshop Holdings Limited. From August 2017 to September
2020, Mr. Cui was the chief financial officer of Huami
Corporation (currently known as Zepp Health Corporation). From
August 2015 to April 2017, Mr. Cui was the chief financial
officer of China Digital Video Holdings Limited, a company listed
on the Hong Kong Stock Exchange. Prior to that, Mr. Cui was an
independent financial advisor to high growth companies on business
strategies, fund raising, corporate governance and accounting
matters. From April 2011 to
August 2013, Mr. Cui was the chief
financial officer in iKang Healthcare Group, Inc., a company
previously listed on the Nasdaq Global Select Market. He was an
audit senior manager of Deloitte Touche Tohmatsu, China from April
2007 to April 2011. Prior to
that, Mr. Cui was the financial reporting manager of Symantec
Corporation. From April 2004 to
August 2006, he served as an audit
manager of Ernst & Young, California. Mr. Cui was a senior auditor in
the Audit and Advisory Services practice of Health Net, Inc.,
California from May 2001 to April
2004. From January 1996 to
May 2001, Mr. Cui worked in public
accounting in Canada and
the United States. Mr. Cui has a
bachelor's degree in business administration from Simon Fraser University, Canada and is a licensed CPA in the United States and Canada.
Mr. Min Luo, Chairman and Chief
Executive Officer of the Company stated, "We would like to express
our gratitude to Mr. Rong for his service as a director and as a
member of the audit committee and compensation committee. We wish
him the best in his future endeavors. We are also delighted to
welcome Mr. Cui to the Board. Mr. Cui's breadth of experience will
be a valuable addition to our Board."
About Qudian Inc.
Qudian is a consumer-oriented technology company. The Company
historically focused on providing credit solutions to consumers.
Qudian is exploring innovative logistics services to satisfy
consumers' demand for e-commerce transactions by leveraging its
technology capabilities.
Safe Harbor Statement
This announcement contains forward-looking statements. These
statements are made under the "safe harbor" provisions of the
United States Private Securities Litigation Reform Act of 1995.
These forward-looking statements can be identified by terminology
such as "will," "expects," "anticipates," "future," "intends,"
"plans," "believes," "estimates" and similar statements. Among
other things, the expectation of its collection efficiency and
delinquency, contain forward-looking statements. Qudian may also
make written or oral forward-looking statements in its periodic
reports to the SEC, in its annual report to shareholders, in press
releases and other written materials and in oral statements made by
its officers, directors or employees to third parties. Statements
that are not historical facts, including statements about Qudian's
beliefs and expectations, are forward-looking statements.
Forward-looking statements involve inherent risks and
uncertainties. A number of factors could cause actual results to
differ materially from those contained in any forward-looking
statement, including but not limited to the following: Qudian's
goal and strategies; Qudian's expansion plans; Qudian's future
business development, financial condition and results of
operations; Qudian's expectations regarding demand for, and market
acceptance of, its products; Qudian's expectations regarding
keeping and strengthening its relationships with customers,
business partners and other parties it collaborates with; general
economic and business conditions; and assumptions underlying or
related to any of the foregoing. Further information regarding
these and other risks is included in Qudian's filings with the SEC.
All information provided in this press release and in the
attachments is as of the date of this press release, and Qudian
does not undertake any obligation to update any forward-looking
statement, except as required under applicable law.
For investor and media inquiries, please contact:
In China:
Qudian Inc.
Tel: +86-592-596-8208
E-mail: ir@qudian.com
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SOURCE Qudian Inc.
