- 111, Inc. (NASDAQ: YI) announced formation of a special committee on September 28, 2026.
- The committee comprises three independent directors: Jian Sun (chairman), Nee Chuan Teo, and Jun Luo.
- The committee will evaluate a preliminary non-binding proposal dated September 16, 2026, and other strategic alternatives.
- The board cautioned that no decisions have been made and no assurance of a definitive agreement.
- 111, Inc., a Chinese tech-enabled healthcare platform listed on Nasdaq, announced the formation of a special committee of independent directors to evaluate a preliminary non-binding proposal received on September 16, 2026, and to consider other strategic alternatives. The committee consists of Jian Sun (chairman), Nee Chuan Teo, and Jun Luo.
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