TAL Education Group announced the promotion of Mr. Yunfeng Bai to serve as the President of the Company, effective on October 10, 2016, and the appointment of Mr. Yan Huang as the Chief Technology Officer of the Company, effective on October 10, 2016. Mr. Bai joined TAL in 2005. He has served as Senior Vice President since April 2011 and from then on has held multiple management positions in the Company including Senior Vice President of the small class business. Mr. Huang joined TAL in April 2015. He has served as general manager of new product department and Assistant Vice President. He is now responsible for company level new product incubation and technical system management. Prior to his role with us, Mr. Huang had served as Chief Architect with Baidu, director with Tencent Research, as well as co-founder and software architect of PPLive (now known as PPTV).