Yu Minhong: New Oriental is a major investor in Tawu Town. Everyone is welcome to come and play in Tawu.
At the 2026 Chongli Forum, New Oriental founder Yu Minhong said, "New Oriental is a major investor in Taowa. Welcome everyone to come skiing and have fun at Taowa." Public information shows that in February 2024, Beijing Dongfang Zhuoyong Investment Management Co., Ltd., a wholly-owned subsidiary of New Oriental Education & Technology Group Inc., made a new external investment, contributing a total of 370 million yuan to become a shareholder of Zhangjiakou Chongli Taowa Enterprise Management Co., Ltd.
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