[Source: China News Network]
On July 25, Oriental Selection announced on the Hong Kong Stock Exchange that Dong Yuhui has decided to no longer serve as an employee of the company and the senior management of a consolidated affiliated entity of the company. Yu Minhong has agreed with Dong Yuhui on the acquisition of Hui Make arrangements for the settlement consideration of peers.
Subsequently, Yu Minhong and Dong Yuhui responded.
Yu Minhong: Reward all the net profits of Hefei Peer to Yuhui
Yu Minhong issued an "Open Letter to the Shareholders and Friends of Oriental Selection": Starting from today, Oriental Selection's wholly-owned subsidiary Hepei Hui will officially transfer from Oriental Selection After becoming independent, Dong Yuhui personally holds 100% of its shares. In order to express my gratitude to Yuhui, in addition to paying all the promised benefits, I have sincerely requested and obtained the consent of the board of directors and the remuneration committee to reward Yuhui with all the net profits from the company.
Full text of the open letter
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Dong Yuhui: I wish Dongfang Selection all the best
Response full text
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Source: Yu Minhong and Dong Yuhui social accounts
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