According to Jimu News, at 20:00 on December 29, Xiao Sun started broadcasting in the live broadcast room of the Oriental Selection app. This was the first time that Sun Dongxu returned to the live broadcast room 13 days after he was dismissed.
On December 16, due to the "little composition" incident, the official account of Oriental Selection issued a personnel appointment and dismissal notice, and Sun Dongxu was removed from the position of executive director and CEO of Oriental Selection, effective immediately. On December 22, Sun Dongxu resigned as a non-executive director of Oriental Selection; on December 23, Yu Minhong, chairman and CEO of Oriental Selection, revealed in the comment area that Dongfang Xiaosun will not leave Oriental Selection.
According to Shaanxi Net Bailu Video, in the Oriental Selection live broadcast room on the evening of December 29, Sun Dongxu laughed at himself and paid more attention to expression management. He always smiled and could not be too serious to avoid misunderstandings for unfamiliar friends.
said that he had previously posted a very serious apology video, which had been viewed more than 50 million times across the entire network. As a result, he is now very well-known, but his reputation is low, and he feels very embarrassed.
He also once again explained the previous incident of "throwing his cell phone": "I really didn't drop my phone that day. I was in a rather nervous and anxious state. My performance that day was not my usual speaking state."
On the evening of December 22, , Oriental Selection (hk01797) announced on the Hong Kong Stock Exchange that the company’s board of directors announced that on December 22, 2023, Sun Dongxu had resigned as a non-executive director of the company, effective immediately.
Sun Dongxu's resignation was due to his poor management of the company's brand and reputation in light of the recent public controversy. The board of directors believes that Sun Dongxu's resignation will better safeguard the interests of the company's shareholders.
As of the closing of Hong Kong stocks on December 29, the share price of Oriental Selection (hk1797) was HK$27.8, an increase of 1.28%, with a market value of HK$28.22 billion.
Sun Dongxu and the "Dong Yuhui's Essay" incident
Previously, the "Dong Yuhui's Essay" incident attracted the attention of netizens, and topics related to Oriental Selection have been on the hot search for many times.
On the evening of December 12, Oriental Screening CEO Sun Dongxu responded to the recent essay incident in the live broadcast room. He said that he wanted to criticize the editor's team for their emotional work and inappropriate communication methods. He also responded to the question raised by some fans about "Why does the company treat Yuhui so badly?" Sun Dongxu said that the company recognized Dong Yuhui's contribution and did not owe him any salary. His annual salary was more than the tens of millions reported online, which was only a part of Yuhui's income. Our company has been using practical actions to express its high recognition of Yuhui.
On the evening of December 14, Oriental Screening CEO Sun Dongxu released an apology video, apologizing to netizens for his "aggressive" demeanor during the recent live broadcast, his actions of putting his mobile phone on the table, mentioning Dong Yuhui's salary, etc., claiming that he was "unprofessional" "Performance.
Sun Dongxu’s annual salary exceeds 18 million yuan, and he reduced his holdings and cashed out more than HK$200 million during the year
According to the 2023 fiscal year results released by Oriental Selection, as of May 31, the company had 1,479 full-time employees and 486 part-time employees, with a total salary of 736 million yuan, a year-on-year increase of 62.4%, which also includes the salaries of anchors such as Dong Yuhui.
According to wind data, in Oriental Selection, the salary of Yu Minhong (chairman of the board of directors) is 10.6903 million yuan, the salary of Yin Qiang (executive director) is 5.2738 million yuan, and the salary of Sun Dongxu (executive director) is 18.1373 million yuan.
According to The Paper, according to current public information, Sun Dongxu is the highest-paid employee of Dongfang Selection, with an annual salary of tens of millions.
It is worth noting that on April 11, Oriental Selection issued a share "red envelope" and granted 30.459 million share awards to 154 qualified participants (grantees). Based on the closing price of HK$29 that day, the total value is approximately HK$883 million.
Among them, Sun Dongxu obtained a total of 3 million shares, worth approximately HK$87 million based on the closing price on April 11; Yu Minhong obtained 1.5 million shares, worth approximately HK$43.5 million; Yin Qiang obtained 600,000 shares, worth approximately 17.4 million Hong Kong dollar.
What is intriguing is that Sun Dongxu cashed out New Oriental stocks at a high amount in February this year and never explained the reason.
html On February 7, Sun Dongxu sold 1.93 million shares at an average price of HK$55.6115, involving HK$107 million, and the shareholding ratio dropped from 1.57% to 1.38%: On February 8, he sold 1.93 million shares at an average price of HK$56.9451, involving 110 million In Hong Kong dollars, the holding fell from 1.37% to 1.18%. A total of nearly 4 million shares were sold in two days, cashing out HK$217 million.
