Molecular Data Inc. and Yili Group reach cooperation agreement

Molecular Data Inc., a leading technology-driven platform in China's chemical industry, announced that it has signed a cooperation agreement with Yili Industrial Group Co., Ltd., China and the world's largest dairy company, making MKD Laboratory Supplies Mall the designated centralized procurement platform for Yili Group, its branches and subsidiaries on March 5.

MKD Lab Supplies Mall is a data-driven one-stop laboratory supplies e-commerce service platform operating under Molecular Data. Spot commodities in the mall cover all categories of chemical reagents, biological reagents, laboratory consumables, and equipment. It serves scientific research institutions, hospitals, university laboratories, third-party testing units and production plants, providing procurement services that include all categories of reagents and intermediates.

As China's largest dairy company, Yili Group's catalogue has the most comprehensive and wide-ranging product categories, alongside advanced and strong technological innovation and research and development capabilities.

The cooperation content covers 6 categories spanning 2,000 products, which include various types of chemical reagents, biochemical reagents, glassware, and consumables.

This collaboration will enable Yili Group to take advantage of Molecular Data's comprehensive resources to optimize its laboratory supplies, simplify internal processes and improve procurement efficiency. The Company will also provide Yili Group with the highest quality products and services with strict supplier access standards, efficient response speeds, and advanced digital systems, empowering Yili Group to better integrate resources, enhance product research and development, and in turn, propel innovation across the China's dairy industry.