The board of directors of China Xinhua Education Group Limited announced that Ms. Wang Li has resigned as an executive Director of the company with effect on 31 October 2018 due to other work allocation by the group. Since April 2018, Ms. Wang has been serving as an executive deputy principal of the Anhui Xinhua University operated by the group. The Board also announced that Mr. Zhang Ming appointed as an executive Director of the company and the president of Anhui Xinhua Group Investment Co. Ltd., a consolidated affiliated entity of the company, with effect from 31 October 2018. Mr. Zhang Ming is responsible for the day-to-day operation as well as the operation and management of education related matters of the group. Mr. Zhang has 18 years of experience in education management.