Yu Minhong’s latest article
Yu Minhong mentioned in the article that the development of Oriental Selection and Peer with Hui is proof of the struggle of young people such as Dong Yuhui and the result of the support of the majority of friends.
"It is very regrettable that during this development process, I failed to protect these children, so that they were often exposed to online public opinion, causing them great mental pressure." Yu Minhong mentioned.
"I would like to ask everyone here again not to attack Dongfang Selection and any anchors who work with Hui. I also strongly urge everyone to express their views in rational and peaceful language no matter where they speak, be more tolerant, be more kind, and give children more We have a clear network environment,” Yu Minhong said.
Recently, Yu Minhong, Dong Yuhui and many anchors of Oriental Screening have frequently appeared on hot searches due to their public remarks.
html On June 3, Yu Minhong said in a live broadcast room of Wumart founder Zhang Wenzhong that Oriental Selection is now in a mess.Dong Yuhui said frankly when attending a program: "I am very resistant to selling things. I seek truth from facts. I still don't enjoy this job to this day. Although I feel that my work is supportive, I have no joy."
Later, the stock price of Oriental Selection appeared Huge shock.
html In the early morning of June 7, Yu Minhong issued a letter of apology, saying that his imprecise expression had caused good or bad interpretations, and apologized to Oriental Selection’s customers, shareholders and investors. html On June 26, the anchor of Oriental Selection said in the Oriental Selection Beautiful Life live broadcast room, "I think what is more annoying about this company is that many things are not discussed with the anchor now." It was once noticed by the media.stock price fluctuates sharply
In addition to the turmoil caused by public figures' comments, Oriental Selection has recently been accused of a "cliff drop" in performance and "not as good as before", a sudden change in the style of the live broadcast room, and the anchor shouting "321 link" in the live broadcast room, etc. Keep refreshing the screen.
Dongfang Selection’s recently released self-operated product performance shows that in the second half of fiscal year 2024 (December 2023 to May 2024), the GMV of Dongfang Selection’s self-operated products exceeded 3.6 billion yuan, a year-on-year increase of 108% and a month-on-month increase of 74%. . As of now, the total number of self-operated products of Oriental Selection exceeds 400.
html On the evening of June 29, in response to the market rumors that "Oriental Selection requires and charges pit fees and publicity fees", Oriental Selection issued a solemn statement stating that the company has never asked the government for publicity fees, and insists not to charge any companies or merchants The so-called pit fee.Oriental Selection said that there have been many organized rumors and smears on the Internet recently, saying that "Oriental Selection requires and charges pit fees and publicity fees." This behavior has touched the bottom line of Oriental Selection. In the statement, Oriental Selection also stated that the company will call the police immediately and take up legal weapons to resolutely defend the legitimate rights and interests of Oriental Selection against any criminals who attempt to slander Oriental Selection through malicious slander, slander, or fabricated rumors.
As of the close of trading on July 5, Oriental Selection's stock price was trading at HK$12.56 per share, a decrease of 3.98%. The company's stock price has fallen 54.82% this year.
Source: China Securities Journal
