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BEIJING, May 10, 2021 /PRNewswire/ First High-School Education Group Co., Ltd. ( First High-School Education Group or the Company ) (NYSE: FHS), the largest operator of private high schools in Western China and the third largest operator in China
[1], today announced the appointment of Mr. Pengwei Luo ( Mr. Luo ) as a director of the Company s board of directors (the Board ), effective from May 10, 2021. Upon the effectiveness of Mr. Luo s appointment, the Board will consist of five directors, including two independent directors.
Mr. Luo is the founder and the managing director of Spring River Greater China Fund, which he founded in 2014. Mr. Luo manages and supervises the daily operation of ten asset management companies since July 2020. From 2010 to 2014, Mr. Luo served as a portfolio manager at Yinhua Fund Management Co., Ltd. From 2005 to 2009, Mr. Luo served as a portfolio manager at the asset management department at Huatai United
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BEIJING, Jan. 21, 2021 /PRNewswire/ TuanChe Limited ( TuanChe or the Company ) (NASDAQ: TC), a leading omni-channel automotive marketplace in China, today announced that its board of directors (the Board ) has received a preliminary non-binding proposal letter (the Proposal ) dated January 21, 2021 from its chairman and chief executive officer, Mr. Wei Wen ( Mr. Wen ), proposing to acquire all of the outstanding ordinary shares (the Shares ) of the Company, including Shares represented by American depositary shares (the ADSs, each representing sixteen (16) Class A ordinary shares), that are not already owned by Mr. Wen for a purchase price of US$4.25 per ADS in cash in a going private transaction (the Proposed Transaction ), subject to certain conditions. A copy of the Proposal is attached hereto as Annex A.