Core Viewpoint - New Oriental Education Technology Group has issued a strong statement denying rumors regarding CEO Zhou Chenggang's involvement in related party transactions and potential regulatory investigations, asserting that the claims are malicious and defamatory [1] Group 1 - The company emphasizes that the rumors have severely infringed upon the legal rights of both Zhou Chenggang and the company itself [1] - New Oriental reserves the right to pursue legal action against those who spread false information [1] - The company has initiated legal processes and reported the rumors to the authorities, committing to pursue the matter thoroughly [1]

| EDU 新东方 | | | | --- | --- | --- | | 48 310 L-0.090 -0.19% | | 收盘价 08/18 15:59 美东 | | 47.400 ↓ -0.910 -1.88% | | 盘前价 08/19 04:41 美东 | | 三 7 24 15 15 15 1 0 15 15 1 0 1 0 15 | | ● 快捷交易 | | 最高价 48.680 | 开盘价 48.400 | 成交量 65万 | | 最低价 47.920 | 昨收价 48.400 | 成交额 3147.38万 | | 平均价 48.417 | 市盈率TM 21.00 | 总市值 79亿 (--) | | 振 幅 1.57% | 市盈率(静) 21.00 | 总股本 1.64亿 | | 换手率 0.62% | 市净率 2.157 | 流通值 50.76亿 | | 52周最高 87.260 | 委 比 -95.96% | 流通股 1.05亿 | | 52周最低 40.660 | 量 比 0.71 | 每 手 1股 | | 历史最高 197.769 | 股息TIM -- | 换股比率 10.00 | ...

来源|新浪科技 对此，新东方创始人俞敏洪回应新浪科技称：彻底的谣言。 8月19日下午消息，今日港股尾盘，东方甄选快速跳水跌20%，此前一度涨23%。消息面上，网传集团 CEO周成刚被立案调查。 ...

Group 1 - The stock of Dongfang Zhenxuan (1797.HK) experienced significant volatility on August 19, with an initial surge of over 23% in the morning, reaching a new intraday high since February 2023, followed by a sharp decline of 20.89% by the close, settling at 34.32 HKD [1] - A rumor circulated online regarding New Oriental CEO Zhou Chenggang being investigated by regulatory authorities for allegedly misappropriating company interests through related-party transactions, which was later denied by New Oriental as a false claim [1] - Prior to this volatility, Dongfang Zhenxuan had shown strong performance, with a monthly increase of 85% in July and a cumulative rise of 144% in August [4] Group 2 - Following the announcement of Dong Yu Hui's departure from Dongfang Zhenxuan in July 2023, the stock plummeted over 23% on the first trading day after the news, resulting in a market value loss of 3 billion HKD and hitting a low of 8.92 HKD during intraday trading [4]

Core Viewpoint - Allegations against New Oriental Group CEO Zhou Chenggang regarding misappropriation of company interests through related-party transactions have led to regulatory investigation, which could impact the company's operations and stock performance [1] Company Summary - New Oriental Group has publicly denied rumors regarding CEO Zhou Chenggang and stated that claims about the company's commission rate exceeding 30% are significantly inaccurate, with the actual average commission rate being below 20% [2] - In response to the rumors, the company has initiated legal actions and reported a significant stock price fluctuation, with shares reaching a high of 53.70 HKD before closing at 34.32 HKD, reflecting a drop of 20.89% [3][4] - The market capitalization of New Oriental Group decreased by approximately 9.5 billion HKD in one day, despite a year-to-date stock price increase of 90.88% [5]

Core Viewpoint - The stock price of Oriental Selection experienced significant volatility, initially surging over 23% before plummeting by 20.89% amid rumors of regulatory investigations involving CEO Zhou Chenggang [1][7]. Group 1: Stock Performance - Oriental Selection's stock saw a dramatic increase of over 23% in the morning session, followed by a sharp decline of 20.89% in the afternoon [1][7]. - The stock's performance reflects market sensitivity to rumors and potential regulatory scrutiny [1]. Group 2: Rumors and Responses - Reports emerged suggesting that CEO Zhou Chenggang might be involved in related party transactions under investigation by regulatory authorities, which Oriental Selection has categorically denied as rumors [1][3]. - The company’s investment relations director stated in a group chat that there is no truth to the rumors, emphasizing that they are in a quiet period regarding their annual report [1][3]. - Founder Yu Minhong also labeled the claims as completely false, and the company has initiated legal actions against the spread of such rumors [3]. Group 3: CEO Background - Zhou Chenggang, CEO of New Oriental Education Technology Group, has a diverse background, including roles as a teacher and journalist before joining New Oriental in 2000 [6]. - He has held various leadership positions within the company and was recognized in the Forbes China Best CEO list in 2024 [6].

Core Viewpoint - New Oriental Group CEO Zhou Chenggang is under investigation for allegedly misappropriating company interests through related party transactions, leading to panic selling among investors [1][4]. Company Background - Zhou Chenggang has been with New Oriental since 2000, serving in various roles including principal and president, and became CEO in 2016 [1][3]. - Zhou and co-founder Yu Minhong have a long-standing partnership, having met during their high school entrance exams in 1980 [1]. Market Reaction - On August 19, New Oriental's stock price plummeted by 20.89%, closing at HKD 34.320 per share, with a total market capitalization of HKD 359.13 billion [4][5]. - The stock opened at HKD 43.000 and reached a low of HKD 34.000 during the trading session, with a trading volume of 225 million shares [5]. Company Response - The investor relations director of Oriental Selection, a subsidiary of New Oriental, denied the allegations, stating that the company is in a quiet period for its annual report [6]. - In response to rumors regarding high commission rates exceeding 30%, the company clarified that its actual average commission rate is below 20% and has initiated legal actions against the spread of false information [7].

Core Viewpoint - Oriental Selection issued a statement denying rumors related to CEO Zhou Chenggang, stating that the company has initiated legal processes against the rumors [1][4]. Group 1 - On August 19, Oriental Selection's stock price dropped over 20% due to market rumors, closing at 34.32 HKD, a decline of 20.89% from previous highs [4]. - The stock had previously reached a nearly two-year high of 53.7 HKD, reflecting an increase of over 23.5% [4]. - The company's Director of Investor Relations confirmed in a WeChat group that the rumors were false and emphasized that they are still in the quiet period before the annual report [4].

（文章来源：每日经济新闻） 每经AI快讯，8月19日，东方甄选发布辟谣声明称，关于周成刚老师的传闻纯属谣言，关于"东方甄选佣 金率长期超30%"的说法严重失实，东方甄选售卖产品确保高品质和高性价比，实际平均佣金率不到 20%。针对上述谣言，公司已启动报警和司法流程，对于这样的不法行为，我们将一追到底。 ...

Core Viewpoint - There are rumors regarding the CEO of New Oriental Group, Yu Minhong's long-time partner, Zhou Chenggang, being investigated by regulatory authorities for allegedly misappropriating company interests through related-party transactions, although the company has labeled this as "pure rumors" [1] Company Performance - Oriental Selection is set to release its full-year results for the fiscal year ending May 31, 2025, on August 22 [1] - For the fourth quarter of fiscal year 2025, Oriental Selection reported revenues of $150 million, representing a year-on-year decline of approximately 30%, although the decline rate has narrowed quarter-on-quarter [1] - The Non-GAAP operating profit was approximately 79 million RMB, with an operating profit margin of about 7%, showing a quarter-on-quarter improvement [1] - The company has shown continuous improvement in profitability despite challenges such as the departure of key hosts and the separation from Hui Tongxing [1] Industry Insights - Guosen Securities highlighted the "Sam's paradigm" in the current consumer market, which is characterized by diversified supply, transparent information, and rational demand [1] - Companies that can offer high-cost performance products and have a mature membership system, such as Sam's Club, Haidilao, and Oriental Selection, are expected to have enhanced advantages in this market context [1] - Recent operational improvements at Oriental Selection, including successful expansion into new product categories and enhanced quality of self-operated business growth, are seen as evidence of the growth logic for such companies [1]