I. On the evening of March 11, 2020, Poundland released the company's unaudited financial results for Q4 and the full year ended December 31, 2019 before the market. The financial report shows that for the full year of 2019, it realized revenue of 30.14 billion yuan, up 130% year-on-year from the previous year; under non-general accounting principles (NON-GAAP), the platform's operating loss of 1.34 billion yuan in Q4 compared to 2.11 billion yuan in the same period of the previous year, compared to 2.12 billion yuan in Q3, which is significantly narrowed year-on-year and year-on-year.

Second, in terms of user data, as of the end of 2019, the number of active buyers of Pinduoduo reached 585.2 million, with a net increase of 48.9 million in a single quarter, and a net increase of 167 million compared with the same period of the previous year.In the two quarters of Q3 and Q4 2019, the number of active buyers of Pinduoduo had a net increase of 102 million, and the coverage of the whole network and the whole territory of users is still growing at a faster pace.

Third, on March 15, 2020, Pinduoduo released the Annual Report on Consumer Rights Protection (2019). The report starts from the consumer rights and interests of the platform protection mechanism, long-term ecological "self-purification" mechanism, strict prevention of "fake highland" spillover effect, accelerate the protection of intellectual property rights, "tens of billions of dollars of subsidies" to help all the people. Pinduoduo's experience and achievements in 2019 in continuously upgrading its governance capacity and focusing on building an all-round consumer rights protection system are summarized in six major parts of the report, including the anti-epidemic and agricultural assistance actions.

Fourth, on March 31, 2020, the platform Pinduoduo announced that some long-term investors have agreed to purchase the company's newly issued Class A common shares with an aggregate value of US$1.1 billion, or approximately 2.8% of the total number of issued shares, through a directed offering. The transaction is expected to close in early April 2020.

V. On August 19, 2020, Pinduoduo (Shanghai) Network Technology Co., Ltd. underwent a number of industrial and commercial changes, with Sun Qin, co-founder of Pinduoduo, withdrawing as the company's legal representative, director, and manager, all of whom were succeeded by Zhu Jianchong, senior vice president of Pinduoduo; at the same time, Huang Zheng, the founder of Pinduoduo, and Chen Lei, CEO of Pinduoduo, withdrew from the board of directors of the company, and Zhu Jianchong was newly added as a director.

Sixth, April 25, 2018, Pinduoduo on-line "together with the agricultural goods", to the price of 0.15 yuan per catty higher than the market price, the purchase of more than 2,000 acres of garlic of 546 poor families in Zhongmou, a better solution to the problem of the harvest of garlic low price injury to farmers. People's Daily commented that the e-commerce platform can use big data to guide poor agricultural households, improve the breeding structure and increase farmers' income.

Seven, August 1, 2018, the State Administration of Market Supervision and Administration of the Internet Supervision Department attaches great importance to the media reflected in the Pinduoduo platform sales of infringing and counterfeit goods and other issues, has asked the Shanghai Municipal Administration of Industry and Commerce to interview the platform operators.