There are recent reports that Sun Dongxu, the former CEO of Oriental Screening, is currently on leave and may resign in the near future. In response, Yu Minhong said, "Xiao Sun is on vacation now, which I approved. This time he is on vacation for a longer period of time. But that doesn't mean he's leaving."
At the end of 2023, Sun Dongxu attracted attention due to the "little essay controversy". At that time, there was friction between him and the head anchor Dong Yuhui, and he was removed from the position of executive director and CEO of Oriental Selection, but he did not leave the New Oriental system.
Yu Minhong also said that Oriental Selection has indeed experienced various ups and downs in the three years since its establishment, causing the stock price to fluctuate.
He said frankly: "If you are in my position, you will understand how many storms I have been in. Today's hard-won situation, I hope you can cherish it."
The stock price of Oriental Selection has climbed to a maximum of HK$53.7/share from around HK$11/share in early July, an increase of nearly 4 times. The stock price fell back to HK$36.3 per share this week, still more than doubled.
