Bright Scholar Education Holdings Limited announced the transfer of Ms. Dongmei Li from her current role as the chief financial officer of the company to serve as a senior management counsel of the Company and the appointment of Mr. Ruolei Niu as the chief financial officer of the company, effective on February 22, 2023. Mr. Ruolei 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.