On August 27, Yu Minhong posted on the Lao Yu Chat public account that last night, the official account of Oriental Selection issued a statement. Based on everyone's messages, he made some explanations in his personal capacity on several issues that netizens are concerned about.

On August 27, Yu Minhong posted through the Lao Yu Xiahua public account that last night, the official account of Oriental Selection issued a statement. Based on everyone’s messages, he made some explanations in his personal capacity on several issues that netizens are concerned about.

Some people spread false information and said that I am the investor behind "Ifeng Finance". This is nonsense. "Ifeng Finance" has nothing to do with me. You are welcome to make independent inquiries through the relevant national systems.

was spun off from Oriental Selection for "Walking with Hui", some former employees, teachers, managers of New Oriental , as well as some outsiders, discussed and commented on the incident online. Some people said that Yu Minhong Give these people money to attack Dong Yuhui. Yu Minhong said that the views expressed by all these people have nothing to do with him and that he has never provided any money, information, authorization or instruction to anyone regarding the above-mentioned incidents.

Yu Minhong said that regarding the "no words" issue: the divestiture contract has some common confidentiality requirements for the transaction terms between the two parties, but it does not prohibit either party from answering questions or being interviewed except for the confidentiality clause, and it does not prohibit any One party responds to external slander and rumors. Yuhui and I have fully communicated. We are free to respond, complain, sue or call the police for false information and rumors from both parties (these are not subject to confidentiality clauses).

Finally, Yu Minhong sincerely called on netizens to focus on their favorite anchors and platforms, do not believe or spread rumors, and make the Internet environment clear so that Yuhui Peer and Oriental Selection can develop in a harmonious and inclusive environment.

It is understood that Oriental Selection has issued a statement to refute the rumors, saying that "spending 8 million to smear Dong Yuhui" and "Yu Minhong cashing out at a high position" are all rumors.

source: upstream news