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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16 UNDER

THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of September 2021

 

Commission File Number: 001-39167

 

Molecular Data Inc.

 

11/F, Building 15, 2177 Shenkun Road

Minhang District, Shanghai 201106

People’s Republic of China
(Address of principal executive offices)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

 

Form 20-F               Form 40-F

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):

 

 

 

 

 

 

Explanatory Note

 

On November 26, 2021, Molecular Data Inc. submitted herewith an interim balance sheet as of the end of its third quarter.

 

Financial Statements and Exhibits.

 

Exhibit No.   Description
99.1   Interim Balance Sheet as of September 30, 2021

  

1

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  Molecular Data Inc.
     
  By : /s/ Steven Foo
  Name : Steven Foo
  Title : Chief Executive Officer and
Chief Financial Officer

 

Date: November 26, 2021

 

2

 

 

Exhibit 99.1

 

CONSOLIDATED STATEMENTS OF BALANCE SHEET

 

(Amounts in thousands of RMB and US$,

except for number of shares and per share data)

 

                
   As of December 31,
2020
   As of September 30, 2021 
   (RMB’000)   (RMB’000)
unaudited
   (USD’000) 
Assets               
Current assets:               
Cash and cash equivalents   11,311    66,339    10,296 
Restricted cash   277         
Accounts receivable, net   5,963    6,211    964 
Short-term investments   336,038    336,038    52,152 
Unbilled receivables   51,825    56,842    8,822 
Notes receivable   24,761    22,539    3,498 
Inventories, net   2,821    5,784    898 
Amounts due from related parties   1,144    7,178    1,114 
Prepayments and other current assets   229,046    229,999    35,696 
Total current assets   663,186    730,930    113,440 
                
Non-current assets:               
Long-term investment   353    3,753    582 
Property and equipment, net   725    469    73 
Intangible assets, net   536    372    58 
Deferred assets & deferred tax assets   15,826    7,773    1,206 
Right-of-use asset, net   4,195    2,796    434 
Total non current assets   21,635    15,163    2,353 
                
Total assets   684,821    746,093    115,793 
                
Liabilities and Shareholders’ Equity               
Current liabilities:               
Short-term borrowings   33,749    16,149    2,506 
Accounts payable   315,729    313,196    48,607 
Deferred revenue   81,636    66,429    10,310 
Accrued expenses and other liabilities   132,674    106,506    16,532 
Convertible notes   16,096    39,453    6,123 
Amounts due to related parties   111,186    119,531    18,551 
Operating lease liabilities-current   1,536    1,393    216 
Total current liabilities   692,606    662,657    102,845 
                
Non-current liabilities:               
Non-current portion of capital lease obligations   17,052    17,052    2,646 
Non-current portion of lease liability   2,659    1,403    218 
Contingency liability   341    341    53 
Total non-current liabilities   20,052    18,796    2,917 
                
Total liabilities   712,658    681,453    105,762 
                
Redeemable noncontrolling interests   42         
                
Shareholders’ equity/(deficit)               
Ordinary shares   114    202    31 
Additional paid-in capital   1,075,064    1,231,970    191,199 
Accumulated other comprehensive loss   (21,192)   (21,192)   (3,289)
Accumulated deficit   (1,081,914)   (1,146,669)   (177,961)
Total shareholders’   (27,928)   64,311    9,980 
Non-controlling interest   49    329    51 
TOTAL (DEFICIT)/EQUITY   (27,879)   64,640    10,031 
                
Total liabilities and shareholders’ (deficit)/ equity   684,821    746,093    115,793