香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部份內容而產生或因倚 賴該等內容而引致的任何損失承擔任何責任。 EAST BUY HOLDING LIMITED 東方甄選控股有限公司 （於開曼群島註冊成立的有限公司） （股份代號：1797） 董事會會議通知 東方甄選控股有限公司（「本公司」）董事（「董事」）會（「董事會」）謹此宣佈，董事 會會議將於2026年1月28日（星期三）舉行，藉以（其中包括）審議及批准本公司及 其附屬公司截至2025年11月30日止六個月之中期業績及其刊發，以及考慮宣派及 派發中期股息（如有）。 承董事會命 東方甄選控股有限公司 董事會主席 俞敏洪 香港，2026年1月5日 於本公告日期，董事會包括執行董事俞敏洪先生及尹強先生；非執行董事孫暢女 士；以及獨立非執行董事林哲莹先生、鄺偉信先生及閻焱先生。 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部份內容而產生或因倚 賴該等內容而引致的任何損失承擔任何責任。 EAST BUY HOLDING LIMITED 東方甄選控股有限公司 （於開曼群島註冊成立的有限公司） （股份代號：1797） 有關租賃協議的 關連交易 租賃協議 於2026年1月4日，東小甄（作為承租人）與都會洪業（作為業主）訂立租賃協 議，據此，都會洪業同意向東小甄出租物業，租賃期限自2026年1月1日開始， 為期60個月。 根據國際財務報告準則第16號「租賃」，本集團將於其綜合財務報表中確認租賃 協議項下之物業租賃為使用權資產。本集團於租賃協議項下將予確認使用權資 產之合共價值約為人民幣10百萬元。 上市規則的涵義 租賃協議的主要條款載列如下： 物業面積： 439平方米 資產總值： 根據國際財務報告準則第16號「租賃」，本集團將於其綜合 財務報表中確認租賃協議項下之物業租賃為使用權資產。 本集團於租賃協議項下將予確認使用權資產之合共價值約 為人民幣10百萬元。 租金乃經訂約方公平磋商後釐定，當中 ...

Group 1 - The core point of the news is the change in leadership at Dongfang Zhenxuan (Zhuhai) Tourism Culture Co., Ltd, with Yu Minhong taking over as the legal representative and executive director from Sun Dongxu [2][4] - Dongfang Zhenxuan (Zhuhai) Tourism Culture Co., Ltd was established in October 2023, focusing on tourism development project planning, ticketing agency services, and passenger ticketing agency [4] - Sun Dongxu has previously resigned from multiple positions in other companies, indicating a potential shift in management strategy within the organization [4] Group 2 - The company is fully owned by Beijing New Oriental Xun Cheng Network Technology Co., Ltd, highlighting its connection to a larger educational and technology group [4] - There are reports of a new executive president, Sun Jin, who is expected to take on a significant role in the company's operations, with an announcement anticipated soon [4] - The recent changes in management may signal a strategic realignment for the company as it seeks to enhance its operational effectiveness in the tourism sector [4]

Core Viewpoint - The stock price of Dongfang Zhenxuan has experienced dramatic fluctuations, with a maximum amplitude exceeding 242% in 2025, reflecting the market's mixed sentiments towards the company's strategic shift away from "top-tier hosts" [1][17] Group 1: Leadership Changes - On December 25, 2023, Dongfang Zhenxuan appointed Sun Jin as the new CEO, marking the end of the previous era under CEO Sun Dongxu [2][3] - The appointment led to a slight increase in stock price by 0.67% on the announcement day, followed by a further rise of 5.7% on December 29, closing at 18.56 HKD per share, with a total market value of 19.5 billion HKD [2][3] Group 2: New CEO's Background - Sun Jin, born in 1983, has a law degree and has been with New Oriental since 2006, gradually rising through the ranks and gaining significant management experience [3][4] - He has received multiple awards for his management performance, indicating a strong track record within the organization [4][5] Group 3: Challenges Ahead - Dongfang Zhenxuan is facing significant challenges, including a 32.7% year-on-year decline in revenue to 4.4 billion CNY and a 39% drop in GMV to 8.7 billion CNY for the fiscal year 2025 [17][20] - The company is under scrutiny due to public reactions to founder Yu Minhong's statements, which have led to concerns about his empathy and the company's public image [17][20] Group 4: Strategic Focus - Sun Jin is expected to prioritize building a content system that does not rely on individual hosts, aiming to standardize and scale content production [20][21] - The company plans to diversify revenue streams by introducing knowledge-based paid courses and exploring offline retail opportunities, including flagship stores [21][22]

Core Viewpoint - The article discusses the recent management changes at Oriental Selection, highlighting the resignation of Sun Dongxu and the appointment of Yu Minhong as the new legal representative and manager of the company [1][2]. Group 1: Management Changes - Sun Dongxu has resigned as the legal representative and executive director of Oriental Selection (Zhuhai) Tourism Culture Co., Ltd., with Yu Minhong taking over these roles [1]. - Sun Dongxu also stepped down from several other positions, including those at Oriental Selection (Beijing) Technology Co., Ltd. and Beijing Dexin Oriental Network Technology Co., Ltd., with Yu Minhong assuming leadership roles in these companies as well [2]. - Yu Minhong confirmed Sun Dongxu's departure on social media, stating that their relationship remains amicable and that Sun left for personal reasons [2]. Group 2: Company Background - Oriental Selection (Zhuhai) Tourism Culture Co., Ltd. was established in October 2023 with a registered capital of 10 million RMB, focusing on tourism development and ticketing services [1]. - Oriental Selection (Beijing) Technology Co., Ltd. was founded in December 2021, also with a registered capital of 10 million RMB, and has expanded its business scope to include restaurant management and delivery services [2]. - Sun Dongxu has a notable background, having joined New Oriental in 2007 and quickly rising through the ranks to become CEO of New Oriental Online by 2019 [3]. Group 3: Financial Information - Sun Dongxu's total compensation for the period from June 1, 2023, to December 16, 2023, amounted to 33.603 million RMB, which includes 4.944 million RMB in salary and benefits, and 28.621 million RMB in equity compensation [4][5].

Core Viewpoint - The recent management changes at Oriental Selection highlight a significant shift in leadership, with Yu Minhong taking over from Sun Dongxu as the legal representative and executive director of the company, indicating a strategic realignment within the organization [1][2]. Group 1: Company Changes - Oriental Selection (Zhuhai) Tourism Culture Co., Ltd. was established in October 2023 with a registered capital of 10 million RMB, focusing on tourism development project planning and ticketing services [1]. - Sun Dongxu has resigned from multiple positions, including those at Oriental Selection (Beijing) Technology Co., Ltd., where Yu Minhong has also taken over as the legal representative and manager [1]. - The business scope of Oriental Selection (Beijing) Technology Co., Ltd. has expanded to include restaurant management and delivery services, reflecting a diversification strategy [1]. Group 2: Leadership Transition - Yu Minhong confirmed Sun Dongxu's departure as CEO of Oriental Selection, citing personal reasons for the decision, while emphasizing their positive communication and collaboration [2]. - Sun Dongxu's career at New Oriental began in 2007, and he quickly rose through the ranks, becoming CEO of New Oriental Online in 2019 before his recent resignation [2]. - The new executive president of Oriental Selection is Sun Jin, who previously served as the vice president of New Oriental Education Technology Group [2]. Group 3: Financial Information - Sun Dongxu's total compensation for the period from June 1, 2023, to December 16, 2023, amounted to 33.603 million RMB, which includes salary, allowances, and equity settlements [3].

Group 1 - The core point of the news is the leadership change at Dongfang Zhenxuan, with Yu Minhong taking over as the legal representative and manager from Sun Dongxu, who has resigned from his positions [2][3][4] - Dongfang Zhenxuan (Zhuhai) Tourism Culture Co., Ltd. was established in October 2023 with a registered capital of 10 million RMB, focusing on tourism development project planning and ticketing services [2] - Sun Dongxu has also resigned from several other companies, including Dongfang Zhenxuan (Beijing) Technology Co., Ltd., where Yu Minhong has taken over as the legal representative and manager [2][4] Group 2 - Sun Dongxu's departure was confirmed by Yu Minhong, who acknowledged Sun's contributions to the company's development and stated that the two maintain good communication [3] - Sun Dongxu's total compensation for the period from June 1, 2023, to December 16, 2023, amounted to 33.603 million RMB, which includes salary, allowances, and equity settlements [5][6] - The new executive president of Dongfang Zhenxuan is Sun Jin, who previously served as the vice president of New Oriental Education Technology Group [4]

Group 1 - The core point of the news is the leadership change at Dongfang Zhenxuan (Zhuhai) Tourism Culture Co., Ltd., where Sun Dongxu has stepped down as the legal representative and executive director, with Yu Minhong taking over these roles [1][2] - Dongfang Zhenxuan (Zhuhai) was established in October 2023 with a registered capital of 10 million RMB, focusing on tourism development project planning, ticketing agency services, and passenger ticketing agency [1] - Yu Minhong, the chairman of New Oriental Education Group, confirmed Sun Dongxu's departure due to personal reasons, emphasizing their good communication and the absence of any conflict [2][3] Group 2 - Sun Dongxu has also resigned from several other positions, including those at Dongfang Zhenxuan (Beijing) Technology Co., Ltd., where he was replaced by Yu Minhong as the legal representative and manager [2] - The company Dongfang Zhenxuan (Beijing) was founded in December 2021 with a registered capital of 10 million RMB, and its business scope has been expanded to include restaurant management and delivery services [2] - Sun Dongxu's total compensation for the period from June 1, 2023, to December 16, 2023, amounted to 33.603 million RMB, which includes salary, allowances, and equity settlements [4][5]

Group 1 - The core point of the article is the recent management change at Dongfang Zhenxuan (Zhuhai) Tourism Culture Co., Ltd., where Sun Dongxu has stepped down as the legal representative and executive director, with Yu Minhong taking over these roles [3] - Dongfang Zhenxuan was established in October 2023 with a registered capital of 10 million RMB, focusing on tourism development project planning, ticketing agency services, and passenger ticketing agency [3] - Yu Minhong confirmed Sun Dongxu's departure from the company, stating that Sun made the decision for personal reasons after careful consideration, and expressed hope for Sun's return to management in the future [3]

Core Viewpoint - The recent management changes at Dongfang Zhenxuan highlight a significant shift in leadership, with Yu Minhong taking over key roles from Sun Dongxu, who has stepped down for personal reasons [4][8]. Group 1: Company Changes - Dongfang Zhenxuan (Zhuhai) Tourism Culture Co., Ltd. has undergone a business change, with Sun Dongxu resigning as the legal representative and executive director, and Yu Minhong assuming these roles [3][7]. - The company was established in October 2023 with a registered capital of 10 million RMB, focusing on tourism development project planning and ticketing services [3][7]. - On November 27, 2023, Dongfang Zhenxuan (Beijing) Technology Co., Ltd. also saw a change in leadership, with Yu Minhong replacing Sun Dongxu as the legal representative and manager, while expanding its business scope to include restaurant management and delivery services [3][7]. Group 2: Leadership Background - Sun Dongxu has been associated with New Oriental since 2007, rapidly advancing to regional president within six years and later becoming CEO of New Oriental Online in 2019 [4][8]. - His leadership was marked by a 60% revenue growth during his tenure at a New Oriental branch, which ranked third nationally [4][8]. - Following a controversial incident in late 2023, Sun was removed from his CEO position but retained a consultant role until his recent resignation [4][8].