ATA Inc. announced that the company has closed the acquisition of 87.46% equity interest in Beijing Huanqiuyimeng Education Consultation Corp. (‘ACG’). ATA’s Board of Directors has appointed Mr. Jun Zhang, the founder and leader of ACG, as the Company’s President and a member of ATA’s Board of Directors, replacing Mr. Jack Huang who has resigned to pursue other opportunities. In this role, Mr. Zhang will work closely with ATA’s Chairman and CEO Mr. Kevin Ma to oversee the business and operation of the Company. With over twenty years of experience in art and creativity education, Mr. Zhang is recognized as an expert in the art and creativity education industry in China.