Tian Ruixiang Holdings Ltd. announced Mr. Zhe Wang, the Chief Executive Officer the Company, notified the Company of his resignation from his positions of the CEO and the Chairman of the Board on April 5, 2024, effective immediately. Mr. Zhe Wang resigned from the positions for personal reasons and has agreed to continue to comply with all applicable terms of his employment agreement with the Company. On April 8, 2024, the nominating and corporate governance committee of the Board recommended, and the Board approved and appointed, Ms. Shen Xu, to serve as the Company?s CEO.

Ms. Shen Xu has served as a director of the Board since the inception of the Company in 2019; she is also the wife of Mr. Zhe Wang.