Yu Minhong responds to Sun Dongxu's cooperation with Tianquan tomorrow.

Recently, New Oriental founder Yu Minhong responded to the collaboration between Sun Dongxu, Shi Ming, and Tian Quan in starting an e-commerce business during a live broadcast. He stated that Sun Dongxu, along with Shi Ming and Tian Quan, established the company Meili Mingtian to continue cultivating live-streaming sales. This matter has sparked a lot of discussion among netizens, but in fact, everyone doesn't need to overanalyze it. After these old employees leave, naturally, they need to continue making a living, and the two most familiar tracks for them are the education and training industry and the live-streaming e-commerce of agricultural and sideline products. Both of these tracks were initially developed step by step by me leading New Oriental. Yu Minhong pointed out that except for core sensitive positions, New Oriental basically does not have non-compete agreements, and employees can fully engage in similar businesses the day after leaving the company.