QuantaSing Group Limited announced changes in the composition of its board of directors (the ?Board?). The Company received a letter of resignation dated January 21, 2025 from Mr. Chenyang Wei, notifying the Company of his resignation as a director effective upon January 21, 2025, for personal reasons not resulting from any disagreement with the Company on any matter relating to the Company?s operations, policies or practice. Mr. Shunyan Zhu agreed to be and was appointed as a new independent director to serve on the Board and as a member of the audit committee (the ?Audit Committee?) of the Board, effective upon January 21, 2025.
Biographical information relating to Mr. Shunyan Zhu is set out as follows. Mr. Shunyan Zhu has served as an executive director and the chairman of the board of directors of Alibaba Health Information Technology Ltd. from March 2020, and he currently serves as the chairman of the nomination committee of the board of directors of Alibaba Health. From March 2020 to November 2023, he served as the chief executive officer of Alibaba Health.
Mr. Zhu is a partner of the Alibaba Partnership and was the President of the Innovation Initiatives Segment of the ultimate controlling shareholder of Alibaba Health, Alibaba Group Holding Limited. He was a director of Meinian Onehealth Healthcare Holdings Co. Ltd. from May 2020 to October 2021.
Prior to joining Alibaba Group, Mr. Zhu founded Wuhan Xuncai Technology Co. Ltd. in 2003. He joined the founding team of UC Browser in 2007 as senior vice president and was responsible for the marketing and commercialization of UC Browser.
Subsequently, Mr. Zhu had served as (1) the president of Alimama Business Group, a leading big data marketing platform in the PRC operated by Alibaba Group; (2) the president of UC Browser; and (3) the president of the Intelligent Information Business Group. Mr. Zhu obtained a Bachelor of Science degree in mathematics in 1993 from Yanshan University in the PRC. He obtained a master?s degree in computing software in 1996 from Huazhong University of Science and Technology in the PRC.
Following the foregoing changes, the Board will consist of four directors, including Mr. Peng Li, Mr. Frank Lin, Mr. Dong Xie and Ms. Xihao Liu, and three independent directors, namely Mr. Hongqiang Zhao, Ms. Pei Hua (Helen) Wong and Mr. Shunyan Zhu. The Audit Committee will consist of the three independent directors.