BEIJING, June 15,
2023 /PRNewswire/ -- TuanChe Limited ("TuanChe" or
the "Company") (NASDAQ: TC), a leading integrated automotive
marketplace in China, today announced the appointment of Mr.
Simon Li as chief financial officer,
effective from June 15, 2023.
Mr. Simon Li has extensive
experience in investment and corporate finance. Prior to joining
the Company, Mr. Simon Li served as
a partner at Hongmenge
(Beijing) Private Equity
Management Co., Ltd. from June 2020
to May 2023, leading its financing
and investment portfolio management business lines. Prior to that,
Mr. Li was the general manager of the capital market department of
Chang'An NIO New Energy Automotive Technology Co., Ltd (now AVATR
Technology (Chongqing) Co. Ltd.),
a joint venture formed by Chang'An Auto and NIO. Mr. Li, as one of
the founding partners, served as a
managing director and the head of fund risk control at Ether
Capital from April 2014 to
August 2019. Mr. Li was an investment manager at Digital
China from April 2012 to March 2014, and an associate manager in the
transactions and restructuring department of KPMG Advisory
(China) Limited from September 2009 to April
2012. Mr. Li received a bachelor's degree in international
economics and trade from Beijing
University of Commerce and Industry in 2007 and a degree of master
of science in the field of quantitative and applied statistics from
the University of Pennsylvania. Mr. Li
is currently pursuing an executive master's degree of business administration
in Tsinghua University.
Mr. Wei Wen, Chairman and Chief
Executive Officer of TuanChe, commented, "We welcome Mr.
Simon Li to our company. Mr. Li
possesses substantial experience in the financial arena and is well
equipped to assume the role of chief financial officer. His
impressive track record of success in corporate finance and
investment management is an excellent fit with our operating
objectives and targets. With his skills and expertise strengthening
our leadership team, I am confident in our ability to
improve operating efficiency, further optimize our capital
structure, and build shareholder value in both the short and
long term."
About TuanChe
Founded in 2010, TuanChe Limited (NASDAQ: TC) is a leading
integrated automotive marketplace in China. TuanChe offers
services to connect automotive consumers with various industry
players such as automakers, dealers and other automotive service
providers. TuanChe provides automotive marketing and transaction
related services by integrating its online platforms with offline
sales events. Through its integrated marketing solutions, TuanChe
turns individual and isolated automobile purchase transactions into
large-scale collective purchase activities by creating an
interactive many-to-many environment. Furthermore, leveraging its
proprietary data analytics and advanced digital marketing system,
TuanChe's online marketing service platform helps industry
customers increase the efficiency and effectiveness of their
advertising placements.
For more information, please contact ir@tuanche.com.
Safe Harbor Statement
This announcement contains forward-looking statements within the
meaning of Section 21E of the Securities Exchange Act of 1934, as
amended, and as defined in the U.S. Private Securities Litigation
Reform Act of 1995. These forward-looking statements include,
without limitation, the Company's business plans and development
and business outlook, which can be identified by terminology such
as "may," "will," "expect," "anticipate," "aim," "estimate,"
"intend," "plan," "believe," "potential," "continue," "is/are
likely to" or other similar expressions. Such statements are based
upon management's current expectations and current market and
operating conditions, and relate to events that involve known or
unknown risks, uncertainties and other factors, all of which are
difficult to predict and many of which are beyond the Company's
control. 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. The Company does not
undertake any obligation to update any forward-looking statement as
a result of new information, future events or otherwise, except as
required under law.
For investor and media inquiries, please contact:
TuanChe Limited
Investor Relations
Tel: +86 (10) 6397-6232
Email: ir@tuanche.com
The Piacente Group, Inc.
Brandi Piacente
Tel: +1 (212) 481-2050
Email: tuanche@tpg-ir.com
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SOURCE TuanChe Limited
