Core Viewpoint - The departure of Sun Dongxu from Dongfang Zhenxuan marks a significant shift in the company's leadership dynamics, reflecting ongoing challenges in management and succession planning within New Oriental [4][6][7]. Group 1: Departure of Sun Dongxu - Sun Dongxu's exit was officially announced by Yu Minhong, who expressed gratitude for Sun's contributions and hinted at a possible return in the future [6][8]. - Speculation about Sun's departure had been circulating since August 2023, following a management shake-up and his removal as CEO, although he remained as a senior advisor [8][9]. - The official statement from Dongfang Zhenxuan indicated that Sun left for personal reasons, despite Yu's attempts to retain him, highlighting a trend of key personnel departures from New Oriental [9][10][22]. Group 2: Leadership Challenges - Yu Minhong has a history of nurturing successors who eventually leave, creating a cycle of leadership instability within New Oriental [20][22]. - The management structure has seen multiple high-profile exits, including Chen Xiangdong and now Sun Dongxu, leading to questions about Yu's leadership style and decision-making [16][22]. - The recent departures have resulted in significant market repercussions, with Dongfang Zhenxuan's stock price dropping substantially following these leadership changes [19][22]. Group 3: Historical Context - The narrative of Sun Dongxu's rise within New Oriental parallels that of other key figures, such as Chen Xiangdong, who also left after being entrusted with significant responsibilities [10][21]. - The company's history is marked by a series of leadership changes that have often coincided with external pressures, such as regulatory challenges and market competition [16][20]. - Yu Minhong's management approach has been characterized by a reluctance to enforce strict measures, which may contribute to the ongoing issues with retaining key talent [23].