QuantaSing Announces Changes in Composition of Board

Core Viewpoint - QuantaSing Group Limited announced changes in its board of directors, including the resignation of Mr. Chenyang Wei and the appointment of Mr. Shunyan Zhu as an independent director [1][2][3]. Board Composition Changes - Mr. Chenyang Wei resigned as a director effective January 21, 2025, for personal reasons, with no disagreements with the company [2]. - Mr. Shunyan Zhu was appointed as a new independent director and a member of the Audit Committee, effective January 21, 2025 [3][5]. - Following these changes, the board will consist of four directors and three independent directors, with the Audit Committee comprising the three independent directors [5]. Background of New Director - Mr. Shunyan Zhu has extensive experience, having served as an executive director and chairman of Alibaba Health Information Technology Ltd. since March 2020, and previously as CEO from March 2020 to November 2023 [4]. - He has held various significant positions within Alibaba Group and has a strong background in technology and marketing, including founding Wuhan Xuncai Technology Co., Ltd. and being part of the founding team of UC Browser [4].