The board of directors of China Education Group Holdings Limited announced that Mr. Mok Kwai Pui Bill in order to devote more time on his other work has tendered his resignation as the chief financial officer of the company with effect from 1 May 2023. Following the resignation of Mr. Mok, Mr. Lan Gongcheng has been appointed as the Chief Financial Officer, with effect from 1 May 2023. Mr. Lan joined the Group in 1994 and is currently serving as the Group's Director of Finance.

Formerly, he served as the Director of Internal Control and Audit of the Group and as the Director of Finance of a member school of the Group. Mr. Lan is certified as a Professor-level Senior Accountant (). Mr. Lan is also a Certified Management Accountant (CMA) of the Institute of Management Accountants (IMA).

Mr. Lan holds Board Secretary Qualification and Independent Director Qualification from the Shenzhen Stock Exchange. Mr. Lan has passed the Securities Practitioner Qualification Examinations of the Securities Association of China and the Fund Practitioner Qualification Examinations of the Asset Management Association of China.