SHANGHAI, China, May 13, 2021 (GLOBE NEWSWIRE) -- ECMOHO Limited (Nasdaq: MOHO) (“ECMOHO” or the “Company”), a leading integrated solutions provider in the health and wellness market in China, today announced the appointment of Mr. Xin Li as the Chief Financial Officer (“CFO”) of the Company, effective as of May 13, 2021. Mr. Li replaces Mr. Leo Zeng, who departed from his position as the Company’s acting Chief Financial Officer, effective as of the same date.

Mr. Xin Li has extensive experience in senior management roles of companies and as an investment professional. Prior to joining the Company, Mr. Li had served as the CFO of AirNet Technology Inc. (Nasdaq: ANTE) from March 2019 to March 2021. Before joining AirNet, Mr. Li had been an assistant president and the CFO of Grass Green Group from July 2017 to February 2019, where he oversaw the Grass Green Group’s finance, M&A, legal, IT and operations. Prior to joining Grass Green Group, Mr. Li had been a managing director of CICFH Fund Management Co., Ltd. from March 2016 to July 2017 and concurrently served as the CFO of one of the fund’s portfolio companies. Prior to joining CICFH, Mr. Li had held senior professional positions in several large investment institutions. Mr. Li received a MBA degree from Duke University in 2006 and a Bachelor’s Degree in International Finance from Tsinghua University in 1999.

Ms. Zoe Wang, Chairman and Chief Executive Officer of ECMOHO, commented, “We welcome Mr. Xin Li to our leadership team. Mr. Xin Li is well equipped to assume the role of CFO and possesses substantial experience in the financial arena. His impressive track record of success in corporate finance, M&A and driving growth for another Nasdaq-listed company is an excellent fit with our operating objectives and targets. We believe ECMOHO is well-positioned to capture the growth potential of the health and wellness market in China, and now with the strengthening of our leadership team, I am more confident than ever that we will be able to improve operating efficiency, further optimize our capital structure, and build shareholder value in both the short and long term.”

About ECMOHO Ltd.

ECMOHO is a leading integrated solution provider in the non-medical health and wellness market in China. The Company acts as the bridge between brand owners and Chinese consumers by marketing and distributing health supplements and food, mother and child care products, personal care products, household healthcare equipment and other health and wellness products. Through over eight years of operation, ECMOHO has built an ecosystem where Chinese consumers are provided with customized health and wellness solutions that include quality products and trustworthy content.