In a recent address, the founder of New Oriental Education & Technology (EDU) lauded the performance of a key subsidiary.
Speaking at a 20th-anniversary event for the company's Suzhou branch, Yu Minhong, founder of New Oriental Education & Technology (EDU), remarked that Sun Jin, who took over as Executive President of EAST BUY (01797) six months ago, has achieved "miraculous growth in performance."
During his speech, Yu also appeared to address recent departures of several hosts from the EAST BUY platform. He stated, "There will always be people coming in and going out. I am the only one who has no right to leave, I will always be at EAST BUY."
This comment followed the recent announcement by a popular EAST BUY employee, Zhi Sheng, who posted a video on social media declaring his departure. The post was accompanied by the caption, "The vacation is over, goodbye now. This 'love letter' is sadder than sadness." He did not provide specific reasons for his resignation.
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