On December 11, Gelonghui reported that NEW ORIENTAL-S (09901.HK) announced that Yang Zhuang has resigned as the independent director of the company, effective from December 16, 2024. Dr. Yang also resigned from his positions as a member of the audit committee, a member of the compensation committee, and the chairman of the nomination and corporate governance committee on the same day.
The company also announced the appointment of Zhuge Yue as the independent director of the company, effective from December 16, 2024. Dr. Zhuge was also appointed as a member of the audit committee, a member of the compensation committee, and the chairman of the nomination and corporate governance committee.