Core Viewpoint - The stock price of Oriental Selection dropped significantly by 20.89% to HKD 34.32 per share amid rumors regarding CEO Zhou Chenggang's alleged misconduct and high commission rates [1] Group 1: Company Response - Oriental Selection officially denied rumors about CEO Zhou Chenggang being investigated for misappropriating company interests through related party transactions, labeling them as false [1] - The company clarified that claims regarding a long-term commission rate exceeding 30% are severely inaccurate, stating that the actual average commission rate is below 20% [1] - In response to the rumors, the company has initiated legal actions and will pursue those responsible for spreading false information [1] Group 2: Industry Context - New Oriental also issued a strong statement refuting the rumors about Zhou Chenggang, asserting that they will hold accountable those who maliciously spread false information [3] - Founder Yu Minhong described the rumors as completely unfounded, emphasizing the company's commitment to transparency [6] - Oriental Selection is scheduled to release its full-year results for the fiscal year ending May 31, 2025, on August 22 [6]
东方甄选股价大跌，公司回应来了