Hope Education Group Co., Ltd. Board announced that Mr. Li Tao (Mr. Li) has been re-designated from an executive Director to a non-executive Director and has been appointed as a member of the audit committee of the Board (the Audit Committee) with effect from 24 January 2024 (the Redesignation). Mr. Li has been appointed as an executive Director since March 2017. Mr. Li, aged 53, obtained a master's degree in business administration from China Europe International Business School in August 2018.

Mr. Li served as an executive Director from 13 March 2017 to January 2024, a director of the investment and development department of Sichuan Hope Education Industry Group Limited, from December 2010 to 2012, an executive president of Sichuan Hope Education from 2012 to 2018, the chief strategy officer of the Company from February 2018 to March 2021 and the chairman of Dingli Corp., Ltd. since March 2021. Mr. Li was the general manager of Chengdu Hanwang Technology Co., Ltd. from 1995 to December 2010. The Board announced that Mr. Huang Zhongcai (Mr. Huang) has been appointed as an executive Director and a member of the Strategy and Development Committee with effect from 24 January 2024.

The brief biographical details of Mr. Huang are set out: Mr. Huang, aged 38, graduated from Sichuan Agriculture University with a bachelor's degree in finance management in June 2007. Mr. Huang obtained the title of associate professor in economics from Southwest Jiaotong University Hope College in December 2021. Mr. Huang has served as the vice president of the Company since November 2018, and the joint company secretary of the Company since March 2018.

Mr. Huang has also served as a vice president of Sichuan Hope Education, since July 2014. From December 2012 to July 2014, Mr. Huang served as head of the finance department at Chengdu Mayflower Advanced Technical School. Mr. Huang worked at E'mei Shan E'mei Chun Spirits Co., Ltd. as the general manager from 2011 to 2012.

He has also worked at Sichuan Xian Zhi Zhu Jian Tea Sales Co., Ltd. as a manager, responsible for finance operation.