Yunji Announces New Private Label Qingziyang Probiotic Drink

HANGZHOU, China, January 7, 2022 / PRNewswire / – Yunji Inc. (“Yunji” or the “Company”) (NASDAQ: YJ), a leading membership-based social e-commerce platform, today announced the launch of its private label Qingziyang (“the Brand”) branded probiotic bolus solid drink (the “Beverage”). The Beverage, with the 2013 Nobel Laureate in Physiology or Medicine Dr. Randy W. Schekman as Honorary Chief Science Advisor, was an immediate bestseller, with customers purchasing 55,000 boxes in just forty seconds.

Qingziyang develops healthy and nutritious foods for women and has partnered with leading companies in the probiotics industry, including IFF, a global leader in value-added ingredients, Wecare, a producer of high-tech probiotics, and Yuanyi , a supplier of robotics and automated production. equipment, to jointly develop and produce the drink. The brand uses cutting-edge preservation technology to ensure that the drink’s six patented probiotic strains can be effectively absorbed by the human body, helping to restore the natural balance of bacteria in the gut and improve digestive health. Yunji leverages its supply chain capabilities to ensure the safety of the beverage, which is produced in a sterile environment on an automated production line.

Shanglue Xiao, Founder and CEO of Yunji, commented, “As an extension of our existing megahit product line with billions in sales per year, the successful launch of the probiotic drink is further proof of the success of our strategy of megahit product culture across all categories. Biotechnology is one of the industries of the future, and we are committed to further developing our capabilities in order to continue to provide healthy and nutritious products to consumers. We are all looking forward to seeing Qingziyang become a leading force in the evolution of the healthcare industry. “

Safe Harbor declarations

This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements may be identified by words such as “will”, “expect”, “anticipate” “,” Goals “,” future “,” intention “,” plans “,” believe “,” esteem “,” confidence “,” potential “,” continue “or other similar expressions. Among other things, the management quotes in this announcement, as well as Yunji’s strategic and operational plans, contain forward-looking statements. Yunji may also make written or oral forward-looking statements in its periodic reports to the United States Securities and Exchange Commission (the “SEC”), 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 Yunji’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, including, but not limited to, the following: Yunji’s growth strategies; its future business development, operating results and financial condition; its ability to understand the needs of buyers and to provide products and services to attract and retain buyers; its ability to maintain and improve the recognition and reputation of its brand; its ability to rely on merchants and third party logistics service providers to provide delivery services to buyers; its ability to maintain and improve quality control policies and measures; its ability to establish and maintain relationships with traders; trends and competition in from China electronic commerce market; variations in its income and certain cost or expense items; the expected growth of from China electronic commerce market; The PRC government policies and regulations relating to Yunji industry, and general economic and business conditions globally and in China and the assumptions underlying or related to all of the above. Further information regarding these and other risks is included in Yunji’s filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and Yunji makes no commitment to update any forward-looking statements, except as required by applicable law.

About Yunji Inc.

Yunji Inc. is one of the leading social e-commerce platform in China who has developed a unique membership-based model to harness the power of social interactions. The Company’s e-commerce platform offers high-quality products at attractive prices in a wide variety of categories meeting the daily needs of Chinese consumers. In addition, the company uses cutting-edge technologies, including big data and artificial intelligence, to optimize the user experience and inspire members to promote the platform and share products with their social contacts. Through deliberate conservation of products, centralized sourcing of goods, and efficient supply chain management, Yunji has established itself as a trustworthy e-commerce platform with high quality products and exclusive benefits for members, including reduced prices.

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Investor Relations Contact

Yunji Inc.
Investor Relations
E-mail: [email protected]
Telephone: +1 (646) 224-6957

Robin yang
E-mail: [email protected]
Telephone: +1 (646) 224-6957

SOURCE Yunji Inc.

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