BOQI International Medical Announces Xiaoping Wang As Chief Operating Officer
19 February 2020 - 1:07AM
BOQI International Medical Inc. (NASDAQ: BIMI) (“BIMI” or the
“Company”) today announced the appointment of Mr. Xiaoping Wang as
Chief Operating Officer (“COO”). As COO, Mr. Wang has
responsibility for the company's supply chain and sourcing
operations, demand planning, distribution, information technology,
business process management, corporate real estate, asset
protection and sustainability.
Prior to joining BOQI International Medical, Mr. Xiaoping Wang
has 15 years of executive experience in pharmaceutical companies.
Mr. Wang is the Founder, Chairman and CEO of Chongqing Guanzan
Technology Co., Ltd. (“Chongqing Guanzan”), and Chongqing Shude
Pharmaceutical Co., Ltd. (“Chongqing Shude”) He utilized his
expertise to scale the two companies and opened up significant
distribution channels. Prior to this role, he also served as the
National Sales Director of Fujian Hongcheng Bio-Medical Co.,
Ltd.
As a result of an internal restructuring, Chongqing Shude is now
a subsidiary of Chongqing Guanzan. BOQI International Medical has
entered into a stock purchase agreement to acquire Chongqing
Guanzan. The acquisition is progressing smoothly and is expected to
close on or before April 20, 2020. After the acquisition close, Mr.
Wang will continue serving as Chairman and CEO of Chongqing
Guanzan, in addition to his role as COO of BOQI International
Medical.
"As a seasoned expert and trusted leader of the pharmaceutical
industry, Mr. Wang is uniquely qualified to drive even greater
strategic prioritization, productivity and accountability within
BOQI International Medical,” said Mr. Tiewei Song, Chief Executive
Officer and President of BOQI International Medical Inc. “His
lengthy and successful career in pharmacy chain and supply chain
operations will be of great value to BOQI International Medical as
we grow our current services, expand our geographic reach and
diversify our healthcare offerings."
“BOQI International Medical is poised to expand its online and
offline business. I’m honored to join the team at such a pivotal
time,” explained Mr. Xiaoping Wang. “Along with Mr. Tiewei Song and
the rest of the executive team, I look forward to realizing our
strategic vision and significantly accelerating our ability to meet
the demand of the market.”
About BOQI International Medical Inc.
BOQI International Medical Inc. (formerly known as NF Energy
Saving Corporation) (NASDAQ: BIMI) was founded in 2006. In February
2019, the Board of Directors of the company was reorganized
following efforts led by Mr. Yongquan Bi, the company’s new
Chairman, with a renewed focus on the health industry. The company
is now transforming from a provider of integrated energy
conservation solutions utilizing energy-saving equipment, technical
services and energy management re-engineering project operations to
a medical and health service provider. BOQI International Medical
Inc. offers a broad range of consumer-directed health products and
related services, including medical, pharmacy and behavioral health
plans, chronic disease management services, and health information
technology products and services. BOQI International Medical Inc.
is community-based and locally focused, engaging consumers with
more affordable, accessible, simple and seamless care they need
when and where they need it.
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IR Contact:Dragon Gate Investment Partners
LLCTel: +1(646)-801-2803Email: BIMI@dgipl.com
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