The Board of China New Higher Education Group Limited announced that Mr. Chen Donghai and Dr. Peng Zijie have been appointed as independent non-executive Directors of the Company with effect from 26 August 2019. Chen Donghai is currently the chairman of the board of directors of Soar Industries Limited and the chairman of the board of directors of BC International Investment Ltd. He served in the Yunnan Provincial Committee of CPPCC during 2013 to 2018, served as the Vice Chairman of the Yunnan Province Youth United Association from 2010 to 2019 as well as the chairman founder of the Hong kong-Yunnan-Macau-Taiwan Youth Exchange Association in 2010. He is currently the chairman of The Y. Elites Association, the Vice President of the Yunnan Chinese Overseas Friendship Association, a CPPCC of the Yunnan Province and the Supervisor of the Association of Hong Kong Of Macau Members of CPPCC In Yunnan Province Ltd. Dr. Peng has over twenty years of experience in banking, financial and consulting industry and has served in senior management positions in various renowned financial institutions. From 1993 to 1998, he was the head of the settlement department of Dresdner Bank (Hong Kong). From 1998 to 2003, he worked in Northeast Asia Capital Operation Business Management unit of the Standard Chartered Bank. From 2003 to 2005, he served as the senior manager in BearingPoint Management Consulting (formerly KPMG Management Consulting) (Beijing). He was the head of operation design and development of Dah Sing Financial Group (Hong Kong) from 2005 to 2006. From 2006 to 2014, he served as the consulting partner of global financial market in China in Deloitte Management Consulting (Beijing).