TuanChe Limited announced that the Company's board of directors (the "Board") has appointed Mr. Chenxi Yu, the Company's current financial controller, to serve as the deputy chief financial officer (the "Deputy CFO") in charge of corporate finance and financial reporting of the Company, effective June 15, 2020. Mr. Yu has extensive experience in corporate accounting and financial reporting. Mr. Yu was initially with the Company from January 2018 to January 2019 as a senior financial manager, and rejoined the Company in August 2019 as a financial controller.