NEW ORIENTAL(US:EDU) 新浪财经·2025-08-19 09:40Core Viewpoint - Recent rumors regarding New Oriental Group CEO Zhou Chenggang allegedly misappropriating company interests through related-party transactions have led to regulatory investigations, which the company has firmly denied [2][5][7]. Group 1: Company Response - Oriental Selection issued a statement on August 19, refuting the rumors about Zhou Chenggang and clarifying that the claim regarding "Oriental Selection's commission rate exceeding 30% for a long time" is severely inaccurate, with the actual average commission rate being less than 20% [2]. - The company has initiated legal actions against those spreading false information and intends to pursue the matter thoroughly [2][7]. - New Oriental's founder, Yu Minhong, described the allegations as "completely false" in an exclusive response [5]. Group 2: Market Reaction - Following the rumors, Oriental Selection's stock price initially surged over 23% in early trading but later experienced a significant drop, closing down 20.89% by the end of the trading day on August 19, with the stock closing at HKD 34.32 [9].