Yu Minhong Urges Peking University Junior Li Bin to Expand in Anhui

Deep News10-24

On October 23, Yu Minhong made an appearance in Hefei to attend a ribbon-cutting ceremony for a first-store opening. At the event, he spoke about his connection to Hefei: "I have truly witnessed the growth of this city, transforming from an inland small town into a thriving city in the Yangtze River Delta region and a hub of high-tech innovation in China."

Yu Minhong also recalled encouraging his junior from Peking University, Li Bin, to develop in Hefei, "because I saw the vitality of this city." Mentioning the construction of the Anhui headquarters building, he admitted that there were indeed some difficulties, with some within the company even suggesting whether to simply sell the building. Yu Minhong was resolute: "I said, we must build it. Because all difficulties are temporary, but the vitality of Hefei will endure."

New Oriental Education & Technology Group Inc. (NYSE: EDU) and New Oriental Education & Technology Group Inc. (HKEX: 09901) continue to focus on their long-term strategic investments in the region.

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