Koolearn Technology Holding Limited announced that Mr. PAN Xin has resigned as executive Director and his position as Company's chief operating officer, effective from 16 August 2019, in order to devote more time to his personal and other professional commitments. Mr. Pan has confirmed that, as at the date of this announcement, he: does not have any claims against Company in respect of his resignation; does not have any disagreement with Board; and there are no other matters in relation to his resignation that need to be brought to the attention of Shareholders and the Stock Exchange. Board announced that Mr. SUN Dongxu, presently Company's co-chief executive officer, has been appointed an executive Director, effective from 16 August 2019.