The board of directors of Top Education Group Ltd. announced that with effect from 16 March 2023, Mr. Qingquan Yang has been appointed as a non-executive Director. The biographical details of Mr. Yang are set out below. Mr. Yang, aged 55, re-joins the Company as a non-executive Director.

Mr. Yang was a director at the Company between 2001 and 2009, and again from 2012 to 2017. He spearheaded a cooperation between the Company and Harbin Engineering University in the early stage of the Company. Since 2017, Mr. Yang has acted as chairman of Billion Glory Group Holdings Limited, focussing on private asset management.

During his office, Mr. Yang has identified and driven investments in a number of listed start-up companies. Between 2006 and 2015, Mr. Yang served as vice president at Guangzhou Yihe Group Company Limited and managed its real estate development operations in the South-West region of the People's Republic of China. Mr. Yang also gained experience in the real estate sector through his role as chairman and general manager at Guangzhou Nantian Garden Real Estate Group Limited between 1995 and 2006, where he oversaw the development of the Nantian Garden real estate project.

Mr. Yang obtained a Bachelor of Civil Engineering from the Harbin Institute of Technology in China in 1992, and graduated with a Master in Business Administration from the Macau University of Science and Technology in 2004.