BEST Inc. announced that Mr. Lin Wan has been appointed by Alibaba Group to replace Ms. Wenhong Tong as a member of the company's board, compensation committee and corporate governance and nominating committee, effective on March 20, 2018. Mr. Wan has been the president of Cainiao network, where he oversees strategic planning and business operation, since January 2017. Before that, Mr. Wan had been a vice president of Cainiao Network since 2014. Mr. Wan currently serves as a board member of Global Standards 1.