Q&K International Group Limited announced that Mr. Chengcai Qu has been appointed as a director of the company, effective March 23, 2020. Mr. Chengcai Qu has served as Qingke’s vice president since 2014. Prior to joining Qingke, Mr. Qu was a director of the office of public relations at Antai School of Economics and Management of Shanghai Jiao Tong University from November 2006 to November 2013. From June 2004 to October 2006, Mr. Qu was a newspaper reporter specializing in business and management. The company also announced that Mr. Youyang Li has resigned as a director of the company and a member of the compensation committee of the company’s board of directors, effective March 23, 2020. Mr. Li resigned for personal reasons and has no disagreement with the company.