Lixiang Education Welcomes New Chief Financial Officer

Lixiang Education Welcomes New Chief Financial Officer

Lixiang Education Holding Co., Ltd. (NASDAQ: LXEH), a renowned private education service provider in China, has announced an important leadership change. The company will be moving forward with Mr. Zhifu Yang stepping into the role of Chief Financial Officer (CFO), succeeding Mr. Luoyuan Ye, who resigned from the position effective August 31, 2024. Mr. Ye will continue to serve the company in a consulting capacity.

Meet the New CFO: Mr. Zhifu Yang

Mr. Zhifu Yang, 42, boasts an impressive background with over 15 years of extensive experience in financial accounting and management. Before joining Lixiang Education, he held the CFO position at Beijing Pengxiang Tianxia Education Technology Co., Ltd. since October 2021. Furthermore, he has contributed valuable financial insights as the CFO of Zhi Jin Education Consulting Co., Ltd. from October 2019 to October 2021.

Before making his mark in the vocational education sector, Mr. Yang gathered significant experience working for about nine years in a state-owned enterprise in China and three additional years in a property management company. He holds a bachelor’s degree in financial accounting from the prestigious Renmin University of China.

CEO Biao Wei's Statement on the Appointment

Biao Wei, the CEO of Lixiang Education, expressed his enthusiasm for welcoming Mr. Yang to the team. He emphasized the significance of Mr. Yang’s vast experience in shaping the company’s financial strategies. “His knowledge in financial management will be crucial as we work towards enhancing our internal controls and improving the quality of our financial reporting,” said Wei. This fresh perspective is expected to serve Lixiang Education well as the company continues to expand its footprint in the vocational education sector.

A Glimpse at Lixiang Education

Founded in Lishui City, Lixiang Education Holding Co., Ltd. has made a name for itself as a distinguished education service provider in China, specifically within Zhejiang Province. The company's educational philosophy focuses not only on the academic growth of students but also aims to foster their overall well-being and happiness for lifelong advancement.

Future Prospects

With Mr. Yang’s appointment, Lixiang Education is poised for growth and adaptability in an evolving educational landscape. His leadership in financial matters will play a pivotal role in steering the company towards robust development strategies that align with the current needs of students and educational standards.

Community Commitment

Lixiang Education prides itself on its commitment to the community. By fostering an educational environment that promotes healthy growth, they continue to evolve their programs and outreach efforts.

Frequently Asked Questions

Who is the new CFO of Lixiang Education?

The new Chief Financial Officer is Mr. Zhifu Yang, who has extensive experience in financial management and accounting.

What was the reason for Mr. Luoyuan Ye’s resignation?

Mr. Luoyuan Ye resigned to transition into a consulting role with Lixiang Education, allowing for new leadership to take charge of financial operations.

What experience does Mr. Yang bring to Lixiang Education?

Mr. Yang has over 15 years of experience in financial accounting and has served in key financial roles for other educational companies.

What is Lixiang Education's primary mission?

Lixiang Education aims to promote the healthy development of students while laying a solid foundation for their lifelong successes and happiness.

How can I get more information on Lixiang Education?

For further details, you can visit their official website at www.lixiangeh.com.

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