ACG Announces Results of Annual General Meeting of Shareholders

Rhea-AI Summary

ATA Creativity Global (AACG), an international educational services provider, announced the successful completion of its 2024 Annual General Meeting on December 3, 2024. Shareholders approved all proposed items, including the re-election of Zhilei Tong as class A director and the re-appointment of Audit Alliance LLP as the company's independent auditor for fiscal year 2024. The board of directors and audit committee were authorized to determine Audit Alliance LLP's remuneration.

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BEIJING, Dec. 03, 2024 (GLOBE NEWSWIRE) -- ATA Creativity Global (“ACG” or the “Company”, Nasdaq: AACG), an international educational services company focused on providing quality learning experiences that cultivate and enhance students’ creativity, today announced that its 2024 Annual General Meeting of Shareholders (“AGM”) was held on Tuesday, December 3, 2024.

All of the proposals submitted to shareholders at the 2024 AGM were approved. Specifically, shareholders approved:

1. Re-election of Zhilei Tong to serve as class A director of the Company.
   
2. Re-appointment of Audit Alliance LLP as the Company’s independent auditor for the fiscal year ending December 31, 2024 and authorization to the board of directors of the Company and its audit committee to determine the remuneration of Audit Alliance LLP.
   

About ATA Creativity Global

ATA Creativity Global is an international educational services company focused on providing quality learning experiences that cultivate and enhance students’ creativity. ATA Creativity Global offers a wide range of education services consisting primarily of portfolio training, research-based learning services, overseas study counselling and other educational services through its training center network. For more information, please visit ACG’s website at www.atai.net.cn.

For more information on our company, please contact the following individuals:

At the Company	Investor Relations
ATA Creativity Global	The Equity Group Inc.
Ruobai Sima, CFO	Lena Cati, Senior Vice President
+86 10 6518 1133 x 5518	212-836-9611
simaruobai@acgedu.cn	lcati@equityny.com
	Alice Zhang, Associate 212-836-9610 azhang@equityny.com

FAQ

What were the key decisions made at ATA Creativity Global's (AACG) 2024 AGM?

At AACG's 2024 AGM on December 3, shareholders approved the re-election of Zhilei Tong as class A director and the re-appointment of Audit Alliance LLP as independent auditor for fiscal year 2024.

Who was re-elected as class A director of AACG in December 2024?

Zhilei Tong was re-elected as class A director of ATA Creativity Global (AACG) at the company's Annual General Meeting on December 3, 2024.

Which auditing firm was appointed for AACG's 2024 fiscal year?

Audit Alliance LLP was re-appointed as AACG's independent auditor for the fiscal year ending December 31, 2024.