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China-based RISE Education's chairwoman to become CEO

China-based RISE Education Cayman Ltd. appointed Lihong Wang as its new CEO, replacing Yiding Sun.

Sun will remain vice chairman of the company.

Wang, who also serves as the company's chairwoman, has been a director since September 2013.

The company also reappointed Jia Zhu a director and chairman of its corporate governance and nominating committees, replacing Wang.

RISE Education Cayman provides English language training services in China.