Bright Scholar Education Holdings Limited announced Ms. Wanmei Li informed the company that she intended to resign as the co-chief executive officer of the company for personal reasons. The resignation of Ms. Wanmei Li did not result from any disagreement with the company on any matter relating to the company's operation, polices or practices. Bright Scholar thanks Ms. Wanmei Li for her efforts and contributions to the Company.

The Board has accepted Ms. Wanmei Li's resignation, effective on February 22, 2023. Moreover, Mr. Zi Chen will be transferred from his current role as the co-chief executive officer of the company to serve as a president of the company. In connection with the resignation of Ms. Wanmei Li and the transfer of Mr. Zi Chen, the company announced the appointment of Mr. Hongru Zhou, the chairman of the Board, as the chief executive officer of the company, effective on February 22, 2023.