Core Viewpoint - Dongfang Zhenxuan is accelerating its "de-Donghua" process, showing a significant recovery in its financial performance after the departure of key personnel, with a notable increase in revenue and profit [1][2]. Financial Performance - For the fiscal year 2026, Dongfang Zhenxuan reported total revenue of 2.3 billion yuan, a year-on-year increase of 5.7%, and a 17% increase when excluding revenue from the Huixing Tong live streaming room [1][2]. - The company achieved a net profit of 239 million yuan, compared to a net loss of 96.79 million yuan in the same period of 2024, with gross profit rising by 14.5% to 842 million yuan [1][2]. Cost Management - A significant reduction in non-recurring costs was a key factor in the company's turnaround, with administrative expenses dropping by 78.6% to 83.9 million yuan due to the absence of previous distributions to Huixing Tong [2]. - Salary expenses decreased by 34.9% to 347 million yuan, attributed to workforce optimization, reducing full-time employees from 1,264 to 1,054 [2]. Product Development - Dongfang Zhenxuan has launched 801 self-operated products, a 33% increase from 600 in the previous year, with self-operated products accounting for approximately 52.8% of total GMV [3]. - The company plans to continue expanding its self-operated product line, aiming to exceed 1,000 SKUs and develop individual products with significant sales potential [3]. Challenges and Competition - The company faces challenges in filling the traffic gap and team disruptions caused by the "de-Donghua" process, with notable departures of key personnel [5][6]. - Dongfang Zhenxuan's main account has seen a decline in followers, with competitors like Huixing Tong rapidly gaining traction, surpassing Dongfang Zhenxuan's follower count [6][7]. Strategic Initiatives - The company is diversifying its live streaming strategy by establishing multiple matrix accounts to attract more targeted audiences [6][7]. - Dongfang Zhenxuan is also expanding its offline presence by placing vending machines in educational institutions and planning to open its first offline experience store in Beijing [8].

这是东方甄选"董宇辉出走风波"后的首次扭亏为盈。1月29日开盘，东方甄选涨幅一度高达15.8%，成交额快速攀升超10亿港元，较前一日成交规模大幅放 量。 截至当日收盘，东方甄选股价报25.24港元/股，上涨14.21%，总市值约266亿港元，股价与成交额迎来双升。有股民在交流平台称，"市场的反应超过预期， 说明'手术成功，康复良好'。" 东方甄选正在加速"去董化"。 | 0.16 | 813.4314 | | | | | --- | --- | --- | --- | --- | | 0.00 | 36.40 | 4.324 | | | | 3.85 | 0.00 | 5,750 | 3.63 G | 0.000 | | 0.95 | 6400 | | | | | 28.64Z | 0.000 | 0.00 | 10.500 | | | 414.31 亿 | 0.000 | 5,470 | 0.00 | | | 0.000 | 0,380 - | 0:42 | 68.10亿 | | | 0.020 | 14,410 | 0.49 | 10.871Z | | | 0.010 | 6.080 | -136.67 ...

"小作文事件"终落幕，可东方甄选仍未从阵痛中走出来。 大幕终于落下了。 11月6日，新东方创始人俞敏洪在个人社交媒体账号确认了前东方甄选CEO孙东旭的离职："近期，东旭因个人原因，提出不再继续工作。我鼓励他坚持下 去，相信公司会越来越好，并希望他未来适当的时候回到管理岗位。但他经过认真思考后，觉得还是想离开。最终，我同意他离开，不再参与公司工 作。" 俞敏洪的声明颇为"煽情"，开篇点出："东旭和我，是东方甄选的创始人。没有东旭的努力和坚忍不拔的奋斗，就不可能有东方甄选的发展和今天。" 这也引发了后续一系列事件，包括孙董两人内部矛盾爆发、孙东旭被免去CEO职务，以及董宇辉的出走和另起炉灶。 来源：抖音截图 这次离职并非毫无预兆。今年8月就曾传出相关消息，东方甄选还官方发布声明辟谣，称"在休假中，并没有离职"，并强调孙东旭一直以顾问的方式工 作。 离职消息公布后，东方甄选股价一度下跌9%，市值单日蒸发约30亿港元。截至11月7日收盘，公司总市值226亿港元，与2023年1月740亿港元的巅峰市值 相比，蒸发了超500亿港元。 孙东旭是新东方"老兵"。公开资料显示，2007年从南开大学毕业后，他就一直在新东方工作， ...