QuantaSing Group Limited announced changes in the composition of its board of directors and management. The Company received a letter of resignation dated June 5, 2024 from Mr. Jinshan Li, notifying the Company of his resignation as a director effective upon June 5, 2024 and the chief technology officer effective upon June 30, 2024, for personal reasons not resulting from any disagreement with the Company on any matter relating to the Company?s operations, policies or practice. Mr. Jinshan Li has been a valued member of the executive team and has contributed significantly to the Company?s achievements during his tenure.

The decision to resign comes after Mr. Jinshan Li had decided to pursue new opportunities that align with his professional aspirations. Following the foregoing changes, Mr. Peng Li, Mr. Dong Xie and Ms. Xihao Liu will continue to serve as the chief executive officer, chief financial officer and senior vice president of the Company, respectively. The Board will consist of four directors, including Mr. Peng Li, Mr. Frank Lin, Mr. Dong Xie and Ms. Xihao Liu, and three independent directors, namely Mr. Hongqiang Zhao, Ms. Pei Hua (Helen) Wong and Mr. Chenyang Wei.