First year of secondary school

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BEIJING, October 13, 2021

BEIJING, October 13, 2021 / PRNewswire / – First High-School Education Group Co., Ltd. (“First High-School Education Group” or the “Company”) (NYSE: FHS), the largest operator of private high schools in West China and the third operator in China[1], today announced management changes.

Appointment of the new CFO

Sir. Tommy zhou (“Mr. Zhou”), who has served as the Joint Chief Financial Officer of the Company since September 2021, was appointed Chief Financial Officer of the Company, replacing Mr. Lidong (Ben) Zhu (“Mr. Zhu”), effective October 11, 2021. Mr. Zhu resigned from his position as Chief Financial Officer of the Company for personal reasons. Mr. Zhu continues to serve as a non-executive director of the Board of Directors of the Company (the “Board”) and a member of the Audit Committee of the Board. Mr. Zhu’s resignation was not the result of a disagreement with the Company on any matter relating to the operations, policies or practices of the Company. The Society thanks Mr. Zhu for his efforts and contributions to the Society.

Mr. Zhou brings with him over 10 years of capital markets experience with leading financial institutions. Prior to joining the company, Mr. Zhou served as Senior Vice President at Tianfeng Securities Co., Ltd. (SHA: 601162) from november 2020 To August 2021. Of July 2019 To October 2020, Mr. Zhou was an Associate Director at China Innovative Capital Management Ltd. july 2016 To July 2019, Mr. Zhou was an Investment Manager at Sunshine Asset Management Corporation Limited. Of June 2013 To june 2015Mr. Zhou has held a number of positions, including the most recent financial accountant position at Northwestern Mutual Life Insurance Company. Mr. Zhou obtained his bachelor’s degree in economic history from University of British Columbia in 2010, and an MBA from The George Washington University in 2014.

Sir. Shaowei Zhang, President and CEO of First High-School Education Group, said, “On behalf of the Board of Directors and the management team, I would like to express our sincere gratitude to Mr. Zhu for all of his contributions to the company, including the direction of our IPO. and NYSE listing in March 2021. We recognize the critical role he has played in growing and strengthening our business, and look forward to continuing to benefit from his valuable knowledge and extensive experience in the future as a member of our Board of Directors. . We wish him the best in his future endeavors. “

“Sir. Tommy zhou has been a long-time friend of the Company and of the management team, having been fully involved in our IPO underwriting process. We warmly welcome Tommy to our team. Tommy brings a wealth of knowledge to this vital role, and his deep experience in all facets of finance will be of great value to First High School Education Group. Our entire team looks forward to working closely with him and continuing to create value for our shareholders ”, Mr.. Zhang concluded.

About First High School Education Group

First High-School Education Group is the largest operator of private high schools in West China and the third operator in China[1]. The Company aspires to become a leader and innovator of private secondary education in China, with an emphasis on comprehensive education management integrating education information consultancy, development of educational research projects, management of educational talents, management of educational technologies, management of services educational and general professional integration development services. For more information, please visit https://ir.diyi.top/.

Forward-looking statements

This announcement contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the US Private Securities Litigation Reform Act of 1995. These forward-looking statements include, but are not limited to limit, business and development plans, which can be identified by terms such as “can”, “will”, “expect”, “anticipate”, “aim”, “estimate”, “have the intention “,” plan “,” believe “,” potential “,” continue “,” is / are likely to “or other similar expressions. These statements are based on the current expectations of management and on current business conditions. market and operating and relate to events that involve known or unknown risks, uncertainties and other factors, all of which are difficult to predict and many of which are beyond the control of the Company, which may result in the results, performances or achievements r The values ​​of the Company differ materially from those indicated in the forward-looking statements. Further information regarding these and other risks, uncertainties or factors is included in the documents filed by the Company with the United States Securities and Exchange Commission. The Company assumes no obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required by law.

For investor and media inquiries, please contact:

In China:

First secondary education group
Lillian liu
Phone. : + 86-13062818313
E-mail: [email protected]

The Blueshirt group
M / s. Susie wang
Telephone: +86 138-1081-7475
E-mail: [email protected]

In United States:

The Blueshirt group
M / s. Julia qian
Telephone: +1 973-619-3227
E-mail: [email protected]

Customer service
Phone: 010-62555966 (9:30 am-12pm, 1:30 p.m. – 4:00 p.m. CST)
E-mail: [email protected]

[1] In terms of student enrollments as of September 1, 2021, according to an industry report commissioned by First High-School Education Group and prepared by China Insights Industry Consultancy Limited.

View original content: https://www.prnewswire.com/news-releases/first-high-school-education-group-announces-changes-in-management-301399183.html

SOURCE First High-School Education Group Co., Ltd


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