Oriental Select Clarifies Unfounded Remarks Against It and Its Employees

TapTechNews August 26th news, Oriental Select made a statement tonight, hoping that the vast number of netizens would resist unfounded online remarks and jointly maintain a clear and refreshing online environment. TapTechNews sorted out the main contents as follows:

Unfounded remark one: Oriental Select organized malicious attacks on Dong Yuhui and those who travel with Hui.

Explanation: Oriental Select has never organized the so-called 12 studios going into action, more than 3,000 people operating, more than 60,000 accounts on various platforms, with a total consumption of more than 8,000,000, and mobilizing all employees and relatives and other behaviors to smear Dong Yuhui. Regarding this rumor, our company has collected evidence and will report it to the relevant departments. At the same time, since being independent from those who travel with Hui, Oriental Select and Yu Minhong have never participated in any evaluations and attacks against Teacher Dong Yuhui! We also hope that everyone will provide us with clues to this kind of rumor, and we will deal with it in time.

Unfounded remark two: Dong Yuhui bought back those who travel with Hui with the rewarded money, and even had to pay an additional 6 million to buy the company.

Explanation: Teacher Yu Minhong clearly pointed out at the shareholder communication meeting on July 26th that all the funds for Teacher Dong Yuhui to acquire the those who travel with Hui company have been arranged by the New Oriental Education Group in addition to all of Dong Yuhui's rewards.

Unfounded remark three: Yu Minhong cashed out 800 million at a high position.

Explanation: Since the listing of Oriental Select, Teacher Yu Minhong has never cashed out stocks personally, but has been continuously increasing his holdings of Oriental Select stocks, showing full confidence in the company's long-term development.