EXHIBIT 99.1
Published on December 5, 2023
Exhibit 99.1
ACG Announces Results of Annual General Meeting of Shareholders
Beijing, China, December 5, 2023 — 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 2023 Annual General Meeting of Shareholders (“AGM”) was held on Tuesday, December 5, 2023.
All of the proposals submitted to shareholders at the 2023 AGM were approved. Specifically, shareholders approved:
| 1. | Re-election of Andrew Y Yan and Jun Zhang to serve as class B directors of the Company. |
| 2. | Dismissal of KPMG Huazhen LLP as the Company’s independent auditor, appointment of Audit Alliance LLP as the Company’s independent auditor for the fiscal year ending December 31, 2023 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 | Carolyne Y. Sohn, Vice President |
| +86 10 6518 1133 x 5518 | 408-538-4577 |
| simaruobai@acgedu.cn | csohn@equityny.com |
| Alice Zhang, Associate | |
| 212-836-9610 | |
| azhang@equityny.com |