The board of directors of Dashan Education Holdings Limited announced that Ms. Wang Yanxiao is appointed as an independent non-executive Director of the Company with effect from 13 February 2023. Ms. Wang, aged 44, has had over 13 years of experience in the legal industry. She has been a partner at Henan Huiding Law Firm since December 2021.

During the period from December 2009 to July 2016, she was a lecturer in legal studies of Luoyang Institute of Science and Technology. During the period from January 2010 to December 2015, Ms. Wang was a part-time lawyer at Henan Daxing Law Firm and she was a lawyer at Beijing Yingke Law Firm, Zhengzhou branch from January 2016 to November 2021. Ms. Wang obtained a bachelor degree majoring in fine chemical engineering from Jiangsu Institute of Petrochemical Technology in July 2000.

In June 2006, Ms. Wang obtained a master of laws degree majoring in economic law from the Southwestern University of Finance and Economics. The Board announces that with effect from 13 February 2023: (a) Mr. Lui Siu Keung resigned as independent non-executive Director so as to devote more time to his other business commitments; and (b) Mr. Li Gang resigned as independent non-executive Director so as to devote more time to his other business commitments. The Board further announces that with effect from 13 February 2023: (a) Ms. Wang is appointed as a member of the audit committee, nomination committee, remuneration committee and investment management committee of the Company; (b) Mr. Lui resigned as the chairman of the audit committee and a member of the investment management committee of the Company; (c) Mr. Li resigned as a member of the audit committee, nomination committee, remuneration committee and investment management committee of the Company; and (d) Dr. Xie Xiangbing, an independent non-executive Director with the appropriate accounting or related financial management expertise as required under Rule 3.10(2) of the Listing Rules, is appointed as the chairman of the audit committee.