South China Vocational Education Group Company Limited announced Mr. Wang Tao has tendered his resignation as chief financial officer with effect from 30 June 2022. Mr. Qiu Jun has been appointed as the Chief Financial Officer with effect from 30 June 2022. Mr. Qiu, aged 49, will be responsible for the overall management of financial and investment matters of the Group upon his appointment as the Chief Financial Officer.

Mr. Qiu joined the Group on 14 February 2022 as the chief financial officer of its Guangzhou Lingnan Education Group Co. Ltd. Mr. Qiu has been responsible for overseeing the accounting and financial management in relation to the day-to-day business operations of the Group. Mr. Qiu has more than 20 years of experience in finance and accounting.

Prior to joining the Group, Mr. Qiu served as chief financial officer and other senior management positions of several companies in the PRC, including a leading K-12 after-school education service provider. Mr. Qiu is a certified public accountant certified by the Chinese Institute of Certified Public Accountants. Mr. Qiu graduated from Sun Yat-sen University in Guangdong Province, the PRC with a bachelor's degree in accounting and audit in June 1993.

Mr. Qiu obtained his master of business administration degree from the business administration school of Sun Yat-sen University in June 2003.