Zhongxin Finance, January 11. On the evening of the 10th, New Oriental issued an announcement stating that there have been a number of recent media reports about the company, including citing Yu Minhong's personal blog article published in "Old Yu Gossip", the content of which is related to (among others) the company. business and financial performance.

The company reminds that these media publications are not authorized by the company and do not represent the views of the company.

  It is understood that Yu Minhong once stated in his personal WeChat public account that in 2021, New Oriental's operating income will be reduced by 80%, 60,000 employees will be dismissed, tuition refunds, employee dismissal N+1, and teaching site rent cancellation will be nearly 20 billion yuan in cash. .

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