Missfresh Limited announced the company’s board of directors has approved the appointment of Mr. Shun Lam Steven Tang as an independent director of the company and the following changes to the Board’s composition, effective immediately. Mr. Shun Lam Steven Tang has been appointed as a member of the audit committee of the Board, a member of the compensation committee of the Board, and the chairman of the nominating and corporate governance committee of the Board. Mr. Hansong Zhu has been appointed as the chairman of the compensation committee of the Board, in addition to his position as the chairman of the audit committee of the Board. Mr. Zheng Xu, the chairman and chief executive officer of the Company, no longer serves any position in the audit committee of the Board or the nominating and corporate governance committee of the Board. Mr. Jun Wang, the director, chief financial officer and head of retail cloud business of the Company, no longer serves any position in the compensation committee of the Board. Upon the effectiveness of the appointment, all three committees under the Board will consist of independent directors solely. Mr. Tang brings to the Board over 35 years of international corporate experience across various industries, including high-tech, internet, semiconductors, electronics, automotive, forestry, pharmaceutical and consumer sectors. Mr. Tang also served as director and committee member of several public and private companies. Mr. Tang has served as a consultant to Warburg Pincus China since January 2007. He served as an independent director at Uxin Limited (Nasdaq: UXIN) from June 2019 to July 2021. Prior to that, he served as a member of the board of directors of Vital Mobile Holdings Limited (HKEx: 6133) from 2015 to 2019. From 2010 to 2015, Mr. Tang served at RDA Microelectronics Limited first as a senior vice president of operations and subsequently as a director and executive chairman. Mr. Tang has been appointed as an independent non-executive director of Greenheart Group Limited (HKEx: 94) since July 2015. From 2008 to 2010, Mr. Tang served as the chief executive officer of Coolsand Technology. He also served as the non-executive chairman for the chairman of China Eco-Farming Limited from 2008 to 2009, and an independent non-executive director of Asia Coal Limited from 2003 to 2005.