Dingdong (Cayman) Limited announced the appointment of Mr. Song Wang, currently the director and senior vice president of the Company, as 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. 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. He served as the financial director of Ele.me, the chief financial officer of Lianhua Supermarket, 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, and the financial manager of Huawei Technologies. Mr. Wang holds a bachelor's degree in management from Tiangong University.