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    1761   KYG070371078

BABYTREE GROUP

(1761)
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BabyTree Group Announces Board Changes

07/28/2021 | 08:33am EST

The board of directors of BabyTree Group announced that Mr. Chen Bing, has been appointed as a non-executive Director with effect from July 28, 2021. Prior to joining the Group, from September 1997 to August 2005, Mr. Chen served various positions at KPMG. From April 2006 to August 2008, he served as a senior audit manager of MAZARS Shanghai Certified Public Accountants LLP, and from August 2008 to July 2017, as its partner. During July 2017 to October 2020, he had served various positions including the joint general manager of the audit department and assistant to the president assistant of Fosun International Limited, and he currently serves as the general manager of the audit department and senior assistant to the president. The Board announced that Mr. Pan Zhiyong has resigned from his roles as an executive Director and a member of the strategic committee of the company with effect from July 28, 2021 to better focus on other business engagements. The Board announced that Mr. Gao Min has been re-designated from a non-executive Director to an executive Director and has also been appointed as a member of the strategic committee of the company with effect from July 28, 2021. Mr. Gao, aged 48, was appointed as a non-executive Director with effect from January 20, 2021 and the vice chairman of the Board with effect from March 30, 2021, and has been appointed as the co-chairman of the Board with effect from June 18, 2021. With effect from July 28, 2021, Mr. Gao has been re-designated from a non-executive Director to an executive Director and has also been appointed as a member of the strategic committee of the company.


ę S&P Capital IQ 2021
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Financials
Sales 2020 212 M 33,3 M 33,3 M
Net income 2020 -470 M -73,8 M -73,8 M
Net cash 2020 1 696 M 266 M 266 M
P/E ratio 2020 -4,37x
Yield 2020 -
Capitalization 896 M 141 M 141 M
EV / Sales 2019 2,04x
EV / Sales 2020 1,69x
Nbr of Employees 381
Free-Float 54,1%
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Managers and Directors
Lili Lou President
Chong Xu Chief Financial Officer & Executive Director
Huai Nan Wang Co-Chairman
Min Gao Co-Chairman
Hong Yong Zhan Chief Technology Officer
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