SUZHOU and SHANGHAI, China, April 30, 2021 (GLOBE NEWSWIRE) — Gracell Biotechnologies Inc. (NASDAQ: GRCL) (“Gracell”), a global clinical-stage biopharmaceutical company dedicated to discovering and developing highly efficacious and affordable cell therapies for the treatment of cancer, today announced that it will participate in the following upcoming virtual conferences: Morgan Stanley Virtual Asia Healthcare ConferenceOne-on-one and small group meetings: May 13-14, 2021For more information, please contact your Morgan Stanley representative. ICA China Healthcare Corporate DayOne-on-one and small group meetings: May 18, 2021For more information, please contact your ICA representative. Sachs Associates 7th Annual Immuno-Oncology Innovation ForumChinese Innovation in IO Panel: 10:10am EDT, May 20, 2021For more information, please contact your Sachs Associates representative. About GracellGracell Biotechnologies Inc. (“Gracell”) is a global clinical-stage biopharmaceutical company dedicated to discovering and developing breakthrough cell therapies. Leveraging its pioneering FasTCAR and TruUCAR technology platforms, Gracell is developing a rich clinical-stage pipeline of multiple autologous and allogeneic product candidates with the potential to overcome major industry challenges that persist with conventional CAR-T therapies, including lengthy manufacturing time, suboptimal production quality, high therapy cost and lack of effective CAR-T therapies for solid tumors. For more information on Gracell, please visit www.gracellbio.comFollow @GracellBio on LinkedIn Media Contact Marvin TangMarvin.tang@gracellbio.com Investor ContactGracie TongGracie.tong@gracellbio.com