RYB Education, Inc. announced the appointment of a new director to its board of directors Mr. Cen Shi, effective December 31, 2020. The company also announced the resignation of Mr. Liang Meng from his positions as a director of the Company, effective December 31, 2020. Mr. Meng resigned for personal reasons and not due to any disagreement with the Company on any matter relating to the company's operations, policies or practices. Mr. Shi is a partner of Ascendent Capital Partners. Prior to joining Ascendent, Mr. Shi was senior vice president of D. E. Shaw & Co., responsible for its Greater China private equity investment business.