BlueCity Announces Promotion of Junchen Sun to Chief Financial Officer
19 May 2022 - 10:00PM
BlueCity Holdings Limited (“BlueCity” or the “Company”) (NASDAQ:
BLCT), a leading online LGBTQ platform, today announced that that
it has promoted Mr. Junchen Sun, acting Chief Financial Officer of
the Company, to Chief Financial Officer, effective May 19, 2022.
Mr. Sun joined BlueCity in February 2017 and
served as the acting Chief Financial Officer of the Company since
May 2021. Prior to joining BlueCity, he served as financial
controller at MicroMedia Holdings Limited from 2015 to 2017 and a
senior associate at PricewaterhouseCooper Zhong Tian LLP, Tianjin
Branch, from 2011 to 2015. Mr. Sun received his bachelor's degree
in accounting from Tianjin University of Finance and Economics in
2011 and master’s in business administration from Peking University
in 2018.
Mr. Baoli Ma, BlueCity’s Founder, Chairman and
Chief Executive Officer, commented: “Having been an integral part
of our executive team for several years, Mr. Sun has accumulated a
wealth of knowledge of our business operations and strategies. As
he continues to lead our efforts in financial management, we are
confident in our ability to achieve our strategic and financial
goals.”
About BlueCityBlueCity (NASDAQ:
BLCT) is a world-leading online LGBTQ community providing a
comprehensive suite of services to foster connections and enhance
the wellbeing of the LGBTQ community. The company fulfills both the
daily and lifelong needs of its members through a wide range of
targeted and tailored services, including social networking,
livestreaming and health-related services. With commitment to
providing high-quality user experience, ensuring privacy
protection, and promoting community health and well-being, BlueCity
has captured the hearts and minds of LGBTQ people across the globe.
Available in 13 languages, BlueCity’s mobile app Blued has
connected more than 60 million registered users in about 170
countries and regions.
Forward-looking StatementsThis
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 “may,” “will,”
“expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,”
“believe,” “is/are likely to,” “potential,” “continue” and similar
statements. BlueCity may also make written or oral forward-looking
statements in its periodic reports to the U.S. Securities and
Exchange Commission, 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. Further
information regarding these and other risks, uncertainties or
factors is included in the Company’s filings with the U.S.
Securities and Exchange Commission. All information provided in
this press release and in the attachment is current as of the date
of the press release, and the Company does not undertake any
obligation to update such information, except as required under
applicable law.
For more information, please
contact:
In China:
BlueCity Holdings LimitedInvestor
RelationsPhone: +86 10-5876-9662Email: ir@bluecity.com
The Blueshirt GroupMs. Ally WangPhone: +86
139-0106-6802Email: ally@blueshirtgroup.com
In the United States:
The Blueshirt GroupMs. Julia QianPhone: +1
973-619-3227Email: Julia@blueshirtgroup.com
BlueCity (NASDAQ:BLCT)
Historical Stock Chart
From Jun 2024 to Jul 2024
BlueCity (NASDAQ:BLCT)
Historical Stock Chart
From Jul 2023 to Jul 2024