QUANTGROUP Appoints "Post-90s" Zhang Yanshen as COO, Potentially Boosting E-commerce Global Expansion Strategy

Stock News03-02

QUANTGROUP (02685) announced the appointment of Zhang Yanshen as an executive director and Chief Operating Officer (COO) on the evening of March 2. Zhang Yanshen becomes another senior executive from the "post-90s" generation, following the company's "post-90s" Chief Strategy Officer Li Yan. Based on the adjusted management backgrounds, QUANTGROUP's leadership is increasingly demonstrating a trend toward "youthfulness and professionalization."

Public information indicates that Zhang Yanshen holds a Master's degree in International Accounting and Financial Management from the University of Glasgow in the UK. He has extensive serial entrepreneurship experience in technology services within consumer scenarios and operational aspects of cross-border e-commerce. Zhang possesses both investment experience in the consumer sector and practical operational expertise in the internet industry. In this new role, he will be responsible for the strategic operation and implementation of the company's e-commerce business.

Against the backdrop of plateauing domestic e-commerce traffic and rising customer acquisition costs, global expansion may become a critical direction for platforms seeking breakthroughs. Market analysis suggests that QUANTGROUP's introduction of a COO with a cross-border e-commerce background at this time could leverage his experience in product selection logic, supply chain internationalization, and localized operations for overseas e-commerce. This move may accelerate the progress of QUANTGROUP's e-commerce business expansion overseas.

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