FOSHAN, China, Jan. 18,
2024 /PRNewswire/ -- Bright Scholar Education
Holdings Limited ("Bright Scholar" or the "Company") (NYSE: BEDU),
a global premier education service company, today announced changes
in its management.
The Company received a letter of resignation dated January 3rd, 2024 from Mr. Hongru Zhou, notifying the Company of his
resignation as the chief executive officer of the Company for
personal reasons not resulting from any disagreement with the
Company, its management, board of directors (the "Board") or any
committee of the Board, on any matter relating to the Company's
operations, policies or practice. The Board has accepted Mr. Zhou's
resignation on January 18, 2024,
effective from the same date. Mr. Zhou will continue to serve as
the chairperson of the Board of the Company.
The Board has appointed Mr. Ruolei Niu as the chief executive
officer of the Company, who previously served as the Company's
chief financial officer, effective from January 18, 2024. The Board has also appointed
Ms. Hui Zhang, who previously served
as the financial director of the Company, as its chief financial
officer, effective from the same date.
Mr. Ruolei Niu served as the chief financial officer of the
Company from February 2023 to
January 2024. Mr. Niu served as the
vice general manager of Country Garden Venture Capital from
February 2022 to February 2023. Prior to that, Mr. Niu had also
served as the founder, general manager, co-chief investment officer
and responsible officer at CG Partners Asset Management Co.,
Limited from 2015 to 2022, and the executive director, fund manager
and responsible officer at China Merchants Fund Management Co.,
Ltd. from 2010 to 2015. Mr. Niu was an investment analyst and an
investment and taxation accountant at ING Investment Management
from 2007 to 2010 and 2004 to 2007, respectively. Mr. Niu holds a
Bachelor of Commerce degree in accounting from the University of Melbourne and a Master of Commerce
degree in finance from the University of
Sydney. Mr. Niu is a Certified Financial Analyst and a
member of Certified Practising Accountant Australia.
Ms. Hui Zhang served as the
financial director of the Company from June
2023 to January 2024. Prior to
that, Ms. Zhang served as the financial controller at Country
Garden Venture Capital from 2018 to 2023, the financial controller
at Bigo Inc. from 2015 to 2018, the financial senior manager at
Joyy Inc. from 2012 to 2015, and the senior associate at Ernst
& Young LLP from 2008 to 2012. Ms. Zhang holds a bachelor's
degree in information and computational science from Dalian University of Technology and a master's
degree in accounting from Shanghai
University of Finance and Economics.
About Bright Scholar Education Holdings Limited
Bright Scholar is a global premier education service company,
which primarily provides quality international education to global
students and equip them with the critical academic foundation and
skillsets necessary to succeed in the pursuit of higher
education.
Safe Harbor Statement
This announcement contains forward-looking statements within the
meaning of Section 21E of the Securities Exchange Act of 1934, as
amended, and as defined in the U.S. Private Securities Litigation
Reform Act of 1995. These forward-looking statements include,
without limitation, the Company's business plans and development,
which can be identified by terminology such as "may," "will,"
"expect," "anticipate," "aim," "estimate," "intend," "plan,"
"believe," "potential," "continue," "is/are likely to" or other
similar expressions. Such statements are based upon management's
current expectations and current market and operating conditions
and relate to events that involve known or unknown risks,
uncertainties and other factors, all of which are difficult to
predict and many of which are beyond the Company's control, which
may cause the Company's actual results, performance or achievements
to differ materially from those in the forward-looking statements.
Further information regarding these and other risks, uncertainties
or factors is included in the Company's filings with the U.S.
Securities and Exchange Commission. The Company does not undertake
any obligation to update any forward-looking statement as a result
of new information, future events or otherwise, except as required
under law.
IR Contact:
Email: BEDU.IR@gcm.international
Media Contact:
Email: media@brightscholar.com
Phone: +86-757-2991-6814
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SOURCE Bright Scholar Education Holdings Ltd.