Molecular Data Inc. announced that it has signed a cooperation agreement with UCloud Technology Co., Ltd. The two parties will integrate their respective high-quality resources and jointly launch industry solutions and service systems to help Digital and intelligent transformation; including upgrading of chemical, medical, new materials and other industries. This move to address the inadequacies faced in the various industries will also include deploying Blockchain
solutions accordingly. At present, the joint product team established by Molecular Data and UCloud has focused on the two key
directions. Firstly in the digitalization of leading enterprises in the industry and secondly, the upgrading of
the industry's cross-border transaction system.