First High-School Education Group Announces Appointment of Independent Director

First High-School Education Group Co., Ltd. (“First High-School Education Group” or the “Company”) (NYSE: FHS), an education service provider primarily focusing on high schools in Western China, today announced the appointment of Ms. Ning Zhou (“Ms. Zhou”) as an independent director of the Company’s board of directors (the “Board”) and a member of the audit committee of the Board, effective from February 26, 2022. Upon the effectiveness of Ms. Zhou’s appointment, the Board will consist of six directors, including three independent directors.

Mr. Shaowei Zhang, Chairman and chief executive officer of First High-School Education Group commented: “We are greatly honored to have Ms. Zhou to join our Board and the audit committee of the Board. Ms. Zhou is a highly accomplished and widely respected professor with extensive experience in accounting, corporate finance and internal control management. We are confident that Ms. Zhou will provide valuable perspectives on our finance and internal control management.”

Ms. Zhou is a professor and researcher at the School of Economics and Management, Beihang University. Ms. Zhou previously served as the director of Beihang Master of Business Administration (MBA) Education Center and deputy dean at the School of Economics and Management, Beihang University. From 1994 to 2001, Ms. Zhou served at multiple positions, including the department manager, general manager, branch general manager and board secretary, at Aviation Industry Corporation of China. Ms. Zhou has rich experience and comprehensive academic publications in accounting, corporate finance and internal control management. Ms. Zhou received her bachelor’s degree in engineering from the Department of Aircraft Design of Beihang University in July 1984, a master’s degree in international accounting from the University of New South Wales in November 2002, and a doctorate degree in systems engineering from School of Economics and Management of Beihang University in January 2010. Ms. Zhou is a Fellow of CPA Australia (FCPA), an Associate of the Chartered Institute of Management Accountants (ACMA) and a Chartered Global Management Accountant (CGMA).

The Board reviewed the independence of Ms. Zhou and determined that she satisfied the “independence” requirements of Section 303A of the Corporate Governance Rules of the New York Stock Exchange and the “independence” standards under Rule 10A-3 under the Securities Exchange Act of 1934.

Source: First High-School Education Group Co., Ltd