Q&K International Group Limited announced Mr. Guangjie Jin has resigned as chairman of the board of directors, director, chairman and member of the compensation committee and chairman and member of the nominating and corporate governance committee of the Company, effective January 28, 2021. Ms. Qiong Hong has resigned as a director and member of the nominating and corporate governance committee of the Company, effective January 28, 2021. Mr. Zhaochun Zheng, Ms. Kaiyu Yao, and Mr. Wing Cheung Ryan Law have resigned as directors of the Company, effective January 28, 2021. They resigned for personal reasons and have no disagreement with the Company. The board wishes all the best in their future endeavors and thanks them for their years of service with Q&K. Mr. Chengcai Qu, Q&K’s director, chief operating officer and vice president, has been appointed as chairman of the board of directors, chairman and member of the compensation committee and chairman and member of the nominating and corporate governance committee of the Company, effective January 28, 2021.