Bright Scholar Announces Changes in Management

Management Changes - Bright Scholar Education Holdings Limited announced the resignation of Mr. Hongru Zhou as CEO for personal reasons, effective January 18, 2024, while he will remain as chairperson of the Board [1] - Mr. Ruolei Niu has been appointed as the new CEO, effective January 18, 2024, previously serving as the CFO [2] - Ms. Hui Zhang has been appointed as the new CFO, effective January 18, 2024, previously serving as the financial director [2] Background of New Executives - Mr. Ruolei Niu has extensive experience, having served as CFO from February 2023 to January 2024, and held various roles in investment management and finance since 2004, including positions at Country Garden Venture Capital and CG Partners Asset Management [3] - Ms. Hui Zhang has a strong financial background, having served as financial director from June 2023 to January 2024, and held previous roles at Country Garden Venture Capital, Bigo Inc., and Ernst & Young LLP [4] Company Overview - Bright Scholar is a global premier education service company that provides quality international education to students, equipping them with essential academic foundations and skillsets for higher education success [5]