Holding Foreign Companies Accountable Act

Yunji Provides Update on Status under Holding Foreign Companies Accountable Act

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Thursday, May 5, 2022
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HANGZHOU, China, May 5, 2022 /PRNewswire/ -- Yunji Inc. ("Yunji" or the "Company") (NASDAQ: YJ), a leading membership-based social e-commerce platform, today provides an update on its status under the Holding Foreign Companies Accountable Act (the "HFCAA").

Key Points: 
  • HANGZHOU, China, May 5, 2022 /PRNewswire/ -- Yunji Inc. ("Yunji" or the "Company") (NASDAQ: YJ), a leading membership-based social e-commerce platform, today provides an update on its status under the Holding Foreign Companies Accountable Act (the "HFCAA").
  • Yunji will continue to comply with applicable laws and regulations in both China and the United States, and strive to maintain its listing status on Nasdaq to the extent it can.
  • Yunji Inc. is a leading social e-commerce platform in China that has pioneered a unique, membership-based model to leverage the power of social interactions.
  • Statements that are not historical facts, including but not limited to statements about Yunji's beliefs and expectations, are forward-looking statements.

Vipshop Updates the Status Under Holding Foreign Companies Accountable Act

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Thursday, May 5, 2022
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GUANGZHOU, China, May 5, 2022 /PRNewswire/ -- Vipshop Holdings Limited (NYSE: VIPS), a leading online discount retailer for brands in China ("Vipshop" or the "Company"), today updates its status under the Holding Foreign Companies Accountable Act (the "HFCAA").

Key Points: 
  • GUANGZHOU, China, May 5, 2022 /PRNewswire/ -- Vipshop Holdings Limited (NYSE: VIPS), a leading online discount retailer for brands in China ("Vipshop" or the "Company"), today updates its status under the Holding Foreign Companies Accountable Act (the "HFCAA").
  • Vipshop Holdings Limited is a leading online discount retailer for brands in China.
  • Vipshop offers high quality and popular branded products to consumers throughout China at a significant discount to retail prices.
  • Further information regarding these and other risks is included in Vipshop's filings with the U.S. Securities and Exchange Commission.

ZTO Provides Update on Status under Holding Foreign Companies Accountable Act

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Thursday, May 5, 2022
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SHANGHAI, May 5, 2022 /PRNewswire/ -- ZTO Express (Cayman) Inc. (NYSE: ZTO and SEHK: 2057), a leading and fast-growing express delivery company in China ("ZTO" or the "Company"), today provides an update on its status under the Holding Foreign Companies Accountable Act (the "HFCAA").

Key Points: 
  • SHANGHAI, May 5, 2022 /PRNewswire/ -- ZTO Express (Cayman) Inc. (NYSE: ZTO and SEHK: 2057), a leading and fast-growing express delivery company in China ("ZTO" or the "Company"), today provides an update on its status under the Holding Foreign Companies Accountable Act (the "HFCAA").
  • ZTO Express (Cayman) Inc. (NYSE: ZTO and SEHK:2057) ("ZTO" or the "Company") is a leading and fast-growing express delivery company in China.
  • ZTO provides express delivery service as well as other value-added logistics services through its extensive and reliable nationwide network coverage in China.
  • All information provided in this press release is current as of the date hereof, and ZTO assumes no obligation to update such information, except as required under applicable law.

KANZHUN LIMITED Updates the Status under Holding Foreign Companies Accountable Act

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Thursday, May 5, 2022
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BEIJING, May 05, 2022 (GLOBE NEWSWIRE) -- KANZHUN LIMITED (BOSS Zhipin or the Company) (Nasdaq: BZ), a leading online recruitment platform in China, today provides an update on its status under the Holding Foreign Companies Accountable Act (the HFCAA).

Key Points: 
  • BEIJING, May 05, 2022 (GLOBE NEWSWIRE) -- KANZHUN LIMITED (BOSS Zhipin or the Company) (Nasdaq: BZ), a leading online recruitment platform in China, today provides an update on its status under the Holding Foreign Companies Accountable Act (the HFCAA).
  • The Company has been and will continue to actively explore possible solutions to protect the interest of its stakeholders.
  • KANZHUN LIMITED operates the leading online recruitment platform BOSS Zhipin in China.
  • Statements that are not historical facts, including statements about the Companys beliefs, plans, and expectations, are forward-looking statements.

Tuya Provides Updates on its Status Under the Holding Foreign Companies Accountable Act

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Thursday, May 5, 2022
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In 2021, the SEC estimated that 273 registrants might be identified under the HFCAA based on its review of registrants in calendar year 2020.

Key Points: 
  • In 2021, the SEC estimated that 273 registrants might be identified under the HFCAA based on its review of registrants in calendar year 2020.
  • Tuya will continue to monitor developmentsand has been proactively exploring available options to protect the interest of its shareholders.
  • Tuya will continue to comply with applicable laws and regulations and strive to maintain its listing status on the New York Stock Exchange.
  • Tuya Inc. (NYSE: TUYA) is a global leading IoT cloud development platform with a mission to build an IoT developer ecosystem and enable everything to be smart.

ATRenew Inc. Provides Update on Its Status Under the Holding Foreign Companies Accountable Act

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Thursday, May 5, 2022
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SHANGHAI, May 5, 2022 /PRNewswire/ -- ATRenew Inc. ("ATRenew" or the "Company") (NYSE: RERE), a leading technology-driven pre-owned consumer electronics transactions and services platform inChina, today provides an update on its status under the Holding Foreign Companies Accountable Act (the "HFCAA").

Key Points: 
  • SHANGHAI, May 5, 2022 /PRNewswire/ -- ATRenew Inc. ("ATRenew" or the "Company") (NYSE: RERE), a leading technology-driven pre-owned consumer electronics transactions and services platform inChina, today provides an update on its status under the Holding Foreign Companies Accountable Act (the "HFCAA").
  • Headquartered in Shanghai, ATRenew Inc. operates a leading technology-driven pre-owned consumer electronics transactions and services platform in China under the brand ATRenew.
  • ATRenew's open platform integrates C2B, B2B, and B2C capabilities to empower its online and offline services.
  • Through its end-to-end coverage of the entire value chain and its proprietary inspection, grading, and pricing technologies, ATRenew sets the standard for China's pre-owned consumer electronics industry.

Dada Provides Update on its Status under the Holding Foreign Companies Accountable Act

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Thursday, May 5, 2022
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The Company understands that the SEC made such identification pursuant to the HFCAA and its implementation rules issued thereunder.

Key Points: 
  • The Company understands that the SEC made such identification pursuant to the HFCAA and its implementation rules issued thereunder.
  • Dada has been actively exploring possible solutions to best protect the interest of its stakeholders.
  • The Company will continue to comply with applicable laws and regulations in both China and the United States.
  • Meanwhile, the vast volume of on-demand delivery orders from the JDDJ platform increases order volume and density for the Dada Now platform.

NIO Provides Update on Status under Holding Foreign Companies Accountable Act

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Thursday, May 5, 2022
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SHANGHAI, May 05, 2022 (GLOBE NEWSWIRE) -- NIO Inc. (NIO or the Company) (NYSE: NIO; HKEX: 9866), a pioneer and a leading company in the premium smart electric vehicle market, today provides an update on its status under the Holding Foreign Companies Accountable Act (the HFCAA).

Key Points: 
  • SHANGHAI, May 05, 2022 (GLOBE NEWSWIRE) -- NIO Inc. (NIO or the Company) (NYSE: NIO; HKEX: 9866), a pioneer and a leading company in the premium smart electric vehicle market, today provides an update on its status under the Holding Foreign Companies Accountable Act (the HFCAA).
  • NIO is aware that the Company has been provisionally identified by theSECunder the HFCAA on May 4, 2022 U.S. Eastern Time.
  • NIO aims to build a community starting with smart electric vehicles to share joy and grow together with users.
  • NIO launched the ET7, a flagship premium smart electric sedan, in January 2021, and began deliveries of the ET7 in March 2022.

Huize Provides Update on its Status under the Holding Foreign Companies Accountable Act

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Thursday, May 5, 2022
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Such identification may have resulted from the Companys filing of the annual report on Form 20-F for the fiscal year endedDecember 31, 2021.

Key Points: 
  • Such identification may have resulted from the Companys filing of the annual report on Form 20-F for the fiscal year endedDecember 31, 2021.
  • The Company understands that theSECmade such identification pursuant to the HFCAA and its implementation rules issued thereunder.
  • Huize Holding Limitedis a leading digital insurance product and service platform for new generation consumers inChina.
  • These forward-looking statements can be identified by terminology such as will, expects, anticipates, future, intends, plans, believes, estimates, confident and similar statements.

Full Truck Alliance Co. Ltd. Updates the Status Under Holding Foreign Companies Accountable Act

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Thursday, May 5, 2022
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GUIYANG,China, May 5, 2022 /PRNewswire/ -- Full Truck Alliance Co. Ltd. ("FTA" or the "Company") (NYSE: YMM), a leading digital freight platform, today updates its status under the Holding Foreign Companies Accountable Act (the "HFCAA").

Key Points: 
  • GUIYANG,China, May 5, 2022 /PRNewswire/ -- Full Truck Alliance Co. Ltd. ("FTA" or the "Company") (NYSE: YMM), a leading digital freight platform, today updates its status under the Holding Foreign Companies Accountable Act (the "HFCAA").
  • About Full Truck Alliance Co. Ltd.
    Full Truck Alliance Co. Ltd. (NYSE: YMM) is a leading digital freight platform, connecting shippers with truckers to facilitate shipments across distance ranges, cargo weights and types.
  • The Company provides a range of freight matching services including freight listing service, freight brokerage service and online transaction service.
  • Statements that are not historical facts, including statements about the Company's beliefs, plans, and expectations, are forward-looking statements.