Yu Minhong: focus on operating New Oriental's education system and education products in the second half of the year

Yu Minhong, CEO of New Oriental, said that outsiders pay more attention to the dynamics of Oriental Selection, but in the second half of the year, New Oriental's internal affairs are still operating around the education system and education products of New Oriental.

Yu Minhong stressed, "we are not concerned about the temporary bustle, but more about the long-term development. Behind the bustle of Oriental Selection, it is also our longer-term layout of the agricultural and daily necessities industry chain and supply chain. After all, the bustling business model established based on the external platform is highly vulnerable. We still have a long way to go to lay a solid foundation for long-term development."