The board of directors of Minsheng Education Group Company Limited announced that Mr. Shen Jinzhou has been appointed as a non-executive Director with effect from 13 January 2023. Mr. Shen Jinzhou, aged 36, was appointed by the Board as a non-executive Director on 13 January 2023. Mr. Shen has been working in Overseas Chinese Town (Asia) Holdings Limited.

Mr. Shen has been successively serving different senior positions during his tenure with OCT (Asia). While working in OCT (Asia), with abundance of investment experience, Mr. Shen was mainly responsible for matters in relation to the Investment Development Department of OCT (Asia). Since May 2018, Mr. Shen has been appointed as the Managing Director of the Investment Development Department of OCT (Asia).

Mr. Shen had also served as a non-executive director of Tianli International Holdings Limited, from October 2018 to December 2019. Mr. Shen graduated with a bachelor of economics and a master of economics from Sun Yat-sen University in 2010 and 2012, respectively. In 2017, Mr. Shen was awarded with Chartered Financial Analyst qualification.

In addition, Mr. Shen obtained the Legal Professional Qualification Certificate in 2018. Pursuant to the appointment letter dated 13 January 2023 entered into between the Company and Mr. Shen, the appointment of Mr. Shen as a non-executive Director is for a term of one year, the term of his appointment may be renewed for a further term of one year by mutual agreement between him and the Company, subject to retirement by rotation and re-election in accordance with the articles of association of the Company. Pursuant to the said appointment letter, Mr. Shen will not be entitled to any remuneration for serving as a non-executive Director.