“没有要炫耀在南极的意思”，俞敏洪道歉：“用员工血汗钱旅游”说法不妥，老板也在拼命努力！

Core Points - Yu Minhong issued an apology letter to employees while on a trip to Antarctica, explaining his intentions and addressing employee concerns about his travel and the use of red font in the letter [1][3][4] - The letter, which included descriptions of the Antarctic scenery, did not resonate well with employees, leading to criticism regarding the contrast between the CEO's distant experience and the employees' realities [4][5] - Yu Minhong clarified that the trip was not solely for personal leisure but also involved discussions on youth natural exploration education, with plans to establish a youth exploration center [5][8] Company Background - New Oriental Education Technology Group was founded in 1993 and became the first Chinese education institution to be listed on the New York Stock Exchange in 2006 [9] - The company has faced significant challenges since August 2021 due to regulatory changes and the pandemic, leading to a transformation towards live streaming and other new business areas [10] - Recent financial reports indicate a sharp decline in net profit and a slowdown in core education business growth, with a 73.7% drop in net profit to $7.1 million for the fourth quarter of fiscal year 2025 [10][11] Financial Performance - For the first quarter of fiscal year 2026, New Oriental reported net revenue of $1.523 billion, a year-on-year increase of 6.1%, driven by new education business growth [10] - The company expects second-quarter net revenue to be between $1.132 billion and $1.163 billion, with a year-on-year growth rate of 9% to 12% [10] - As of November 21, 2023, New Oriental's stock price in the U.S. was $51.65, with a market capitalization of $8.2 billion, while its Hong Kong stock price was reported at HKD 39.2, with a market capitalization of HKD 619 billion [11][13]