The board of directors of China Maple Leaf Educational Systems Limited announced that Mr. Li Yong Tao (`Mr. Li') has been appointed as co-chief financial officer of the Group with effect from 22 July 2020. Mr. Li will be responsible for the management of the company's overseas financial operations, mergers and acquisitions activities, and investors relations. Prior to joining the Group, Mr. Li was a manager in the financial reporting department of Carmanah Technologies Corporation, where he was mainly responsible for financial and tax management.