Bluecity holdings limited announces formation of special committee

Beijing, jan. 04, 2022 (globe newswire) -- bluecity holdings limited (“bluecity” or the “company”) (nasdaq: blct), a leading online lgbtq platform, today announced that its board of directors (the “board”) has formed a special committee consisting of three independent directors, wenjie (jenny) wu, shengwen (roy) rong, and guojie shi, to evaluate and consider the previously announced preliminary non-binding proposal letter dated on january 2, 2022 (the “proposal”). wenjie (jenny) wu will chair the special committee.
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