Bright Scholar Education Holdings Limited announced changes in its management. 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.