BEIJING, March 3, 2021 /PRNewswire/ -- RLX Technology
Inc. ("RLX Technology" or the "Company") (NYSE: RLX), a leading
branded e-vapor company in China,
today announced the appointment of Mr. Chao
Lu, as the Company's chief financial officer. The
Company expects Mr. Lu to commence his tenure in and around
March 2021.
Ms. Ying (Kate) Wang, Co-founder,
Chairperson of the Board of Directors and Chief Executive Officer
of RLX Technology, said, "Chao brings over a decade of investment
banking experience and deep knowledge of China's healthcare industry. We are pleased to
welcome him to our management team and believe he will be an
invaluable addition to RLX Technology. With his track record of
success, we look forward to working with Chao to elevate the
Company to the next level, introducing best-in-class vaping
technology to the healthcare industry in China."
"I feel extraordinarily lucky to be joining RLX Technology,"
said Mr. Lu. "I have been at Citi for nearly 8 years. As a result
of the support of my colleagues and the platform, I have had the
opportunity to work with many of the most innovative companies in
the healthcare, education, and consumer industries, bringing about
positive changes to the world we live in. RLX Technology is amongst
the most outstanding ones. I am excited to be joining an
extraordinary management team with a proven track record of success
and innovation. I look forward to applying RLX Technology's
strengths and technologies to the healthcare industry and
well-being of the public," Mr. Lu added.
Prior to joining the Company, Mr. Lu served as Managing Director
and Head of Asia Healthcare Investment Banking at Citigroup. During
his tenure at Citigroup, Mr. Lu was responsible for healthcare
client coverage at Citigroup across the Asia Pacific region and led many landmark
healthcare and biopharma transactions. In addition, he was also
responsible for education and other selective consumer client
coverage. Prior to Citigroup, Mr. Lu worked at Morgan Stanley
Investment Banking Team, CICC Investment Banking Team and the
private equity investment industry.
Mr. Lu earned a Bachelor's degree in Operations Research and
Financial Engineering from the Princeton
University.
About RLX Technology
RLX Technology (NYSE: RLX) is a leading branded e-vapor company
in China. RLX Technology leverages
its strong in-house technology and product development capabilities
and in-depth insights into adult smokers' needs to develop superior
e-vapor products. RLX Technology sells its products through an
integrated offline distribution and "branded store plus" retail
model tailored to China's e-vapor
market.
Safe Harbor Statement
This announcement contains forward-looking statements. These
statements are made under the "safe harbor" provisions of the U.S.
Private Securities Litigation Reform Act of 1995. These
forward-looking statements can be identified by terminology such as
"may," "will," "expect," "anticipate," "aim," "estimate," "intend,"
"plan," "believe," "is/are likely to," "potential,"
"continue" and similar statements. Among other things,
business outlook and quotations from management in this
announcement, as well as the Company's strategic and operational
plans, contain forward-looking statements. The Company may also
make written or oral forward-looking statements in its periodic
reports to the U.S. Securities and Exchange Commission, in its
annual report to shareholders, in press releases and other written
materials and in oral statements made by its officers, directors or
employees to third parties. Statements that are not historical
facts, including but not limited to statements about the Company's
beliefs and expectations, are forward-looking statements.
Forward-looking statements involve inherent risks and
uncertainties. A number of factors could cause actual results to
differ materially from those contained in any forward-looking
statement. Further information regarding these risks, uncertainties
or factors is included in the Company's filings with the U.S.
Securities and Exchange Commission. All information provided in
this press release and in the attachments is current as of the date
of the press release, and the Company does not undertake any
obligation to update such information, except as required under
applicable law.
For more information, please contact:
In China:
RLX Technology Inc.
Head of Investor Relations
Sam Tsang
Email: ir@relxtech.com
The Piacente Group, Inc.
Jenny Cai
Tel: +86-10-6508-0677
Email: RLX@tpg-ir.com
In the United States:
The Piacente Group, Inc.
Brandi Piacente
Tel: +1-212-481-2050
Email: RLX@tpg-ir.com
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SOURCE RLX Technology Inc.