New East: Chairman Xu Guangbin resigns for personal reasons

New East announced that the company's chairman Xu Guangbin has resigned from the position of chairman of the sixth board of directors for personal reasons, and has also resigned from the relevant special committee positions, but will continue to serve as a director of the company after his resignation. Xu Guangbin's departure will not affect the normal operation of the company's board of directors, and the company will complete the relevant elections and supplementary elections as soon as possible. The company expresses its heartfelt gratitude for Xu Guangbin's significant contributions to the company's development during his tenure