SHANGHAI, Dec. 26,
2023 /PRNewswire/ -- Dingdong (Cayman) Limited
("Dingdong" or the "Company") (NYSE: DDL), a leading fresh grocery
e-commerce company in China, today
announced the appointment of Mr. Song
Wang, currently the director and senior vice president of
the Company, as the chief financial officer (the "Chief Financial
Officer") effective from December 26,
2023. Mr. Wang will be primarily responsible for the
Company's overall financial matters and investor relationship
affairs. The Company also announced the appointment of Ms.
Hongli Gong, currently the senior
vice president of the Company, as the chief human resources officer
(the "Chief Human Resources Officer") effective from December 26, 2023. Ms. Gong will be overseeing
the Company's overall human resources management.
Mr. Wang served as the Company's senior vice president and
director since September 2023. With
nearly 17 years of experience in China's consumer and retail industry, Mr.
Song Wang is no doubt an industry
veteran with deep insights of the sector the Company competes in.
Prior to joining the Company, Mr. Wang worked in a handful of
China's leading e-commerce and new
retail companies, endorsed by Alibaba (NYSE: BABA and HKEX: 9988).
He served as the financial director of Ele.me, the chief financial
officer of Lianhua Supermarket (HKEx: 0980), and head of the
finance department of Hema Fresh.
Prior to that, Mr. Wang worked in finance department of several
companies, managing and running their finance activities. He served
as the senior financial director of Yiguo E-Commerce, the head of
Financial Shared Service Center of Yihai
Kerry (more commonly known as Jinlongyu, SZSE: 300999), and
the financial manager of Huawei Technologies. Mr. Wang holds a
bachelor's degree in management from Tiangong University.
Ms. Hongli Gong has over a decade
experience in human resources, and understands that the success of
a business starts with its people. She worked in Dingdong from 2015
to 2017, primarily responsible for recruitment related matters, and
re-joined the Company as head of the human resources department in
January 2019. From 2017 to 2018, Ms.
Gong worked at Taimei Technology, a leading digital operation
platform for the life science industry, mainly responsible for
human resources business partnership matters. From 2014 to 2015,
Ms. Gong worked at Pactera Technology, a global IT service provider
from China. Prior to that, she
worked in a head-hunting company focusing on pharmaceutical
industry from 2012 to 2014. Ms. Gong obtained her bachelor's degree
in clinical medicine from Weifang Medical University in 2012.
Mr. Wang stated: "I am more than honored to serve as the
Chief Financial Officer of Dingdong. I believe we have a finance
team that is both talented and committed and it is an absolute
privilege for me to have the opportunity to lead them. I hope my
financial expertise, management experience and extensive network in
this industry will advance the Company's sustainable development in
the capital markets."
Ms. Gong stated: "I am honored to work alongside this truly
committed team to achieve our vision. I look forward to, together
with our management, further developing and nourishing Dingdong's
culture and core value for our employees, as well as encouraging
trusted communications within the company."
"We are pleased to have Mr. Wang and Ms. Gong both promoted. The
promotions for both are intended to improve Dingdong's overall
operating efficiency and effectiveness. I firmly believe that
bringing Mr. Wang and Ms. Gong to the leadership positions will
benefit the Company in many ways. I look forward to continuing to
work with them as we focus on our commitment to our stakeholders
and the long-term success of our Company," commented Mr.
Changlin Liang, the Chairman and
Chief Executive Officer of the Company.
About Dingdong (Cayman) Limited
We are a leading fresh grocery e-commerce company in
China, with sustainable long-term
growth. We directly provide users and households with fresh
produce, prepared food, and other food products through a
convenient and excellent shopping experience supported by an
extensive self-operated frontline fulfillment grid. Leveraging our
deep insights into consumers' evolving needs and our strong food
innovation capabilities, we have successfully launched a series of
private label products spanning a variety of food categories. Many
of our private label products are produced at our Dingdong
production plants, allowing us to more efficiently produce and
offer safe and high-quality food products. We aim to be Chinese
families' first choice for food shopping.
For more information, please visit: https://ir.100.me.
Safe Harbor Statements
This announcement contains forward-looking statements. These
statements are made under the "safe harbor" provisions of the U.S.
Private Securities Litigation Reform Act of 1995. These
forward-looking statements can be identified by terminology such as
"will," "expects," "anticipates," "aims," "future," "intends,"
"plans," "believes," "estimates," "confident," "potential,"
"continue," or other similar expressions. Among other things,
business outlook and quotations from management in this
announcement, as well as Dingdong's strategic and operational
plans, contain forward-looking statements. Dingdong may also make
written or oral forward-looking statements in its periodic reports
to the U.S. Securities and Exchange Commission (the "SEC"), in its
interim and annual reports 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 but not limited to statements
about Dingdong'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: Dingdong's
goals and strategies; Dingdong's future business development,
financial conditions, and results of operations; the expected
outlook of the fresh grocery ecommerce market in China; Dingdong's expectations regarding
demand for and market acceptance of its products and services;
Dingdong's expectations regarding its relationships with its users,
clients, business partners, and other stakeholders; competition in
Dingdong's industry; and relevant government policies and
regulations relating to Dingdong's industry, and general economic
and business conditions globally and in China and assumptions underlying or related to
any of the foregoing. Further information regarding these and other
risks is included in the Company's filings with the SEC. All
information provided in this announcement and in the attachments is
as of the date of the announcement, and the Company undertakes no
duty to update such information, except as required under
applicable law.
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SOURCE Dingdong (Cayman) Limited
