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On August 12, some media reported that from June 2022 to date,Dong YuhuiThe total pre-tax profit from Oriental Selection is approximately RMB 600 million, of which RMB 140 million has not yet been received, and a small number of shares have not yet been vested.

It is reported that Dong Yuhui's income is divided into 6 parts: salary (salary + performance),Equity, gifts from senior executives, half of the profits of Yuhui Tongxing, guaranteed income, and the acquisition payment of Yuhui Tongxing that New Oriental helped Dong Yuhui pay.

Among them, former Oriental Selection CEO Sun Dongxu once mentioned in a live broadcast that Dong Yuhui's annual salary is more than 10 million yuan. It is reported that the salary alone exceeds 10 million yuan a year. Oriental Selection will also issue multiple performance bonuses to outstanding employees, and performance bonuses account for a large part of Dong Yuhui's income. In addition, on April 11, 2023, Oriental Selection carried out its first equity reward.Yu MinhongHe was awarded 1.5 million shares, the then CEO of Oriental Selection Sun Dongxu was awarded 3 million shares, CFO Yin Qiang was awarded 600,000 shares, and Dong Yuhui received 8 million shares, accounting for about 31.6% of the total, which exceeded the total of the other three executives.

In addition, regarding the gift from senior executives, the report said that in 2023, Yu Minhong and Sun Dongxu gave Dong Yuhui tens of millions of yuan in total. Yu Minhong gave the vast majority of it, and Sun Dongxu paid 15 million yuan in March 2023 as a reward to Dong Yuhui to help him buy a house. The two have not asked him to repay it so far.

According to the content of the previous Oriental Selection shareholders' meeting, Dong Yuhui has obtained a share of the net profit of 141 million yuan from Yihui Tongxing, plus the remaining 141 million yuan of net profit from Yihui Tongxing that he will receive, and the 76.58 million yuan paid by Yu Minhong for him to acquire the equity of Yihui Tongxing, Dong Yuhui will receive a total of 358 million yuan from this "breakup".

Totaling the above, Dong Yuhui's pre-tax income was approximately 600 million yuan, and in the one and a half years from June 1, 2022 to November 30, 2023, Oriental Selection had a total net profit of 1.219 billion yuan, which is equivalent to Dong Yuhui taking half of it.

After Dong Yuhui became famous, the revenue of Oriental Selection increased by 651% year-on-year to 4.5 billion yuan within one year, turning losses into profits. (Yicheng)

This article is from NetEase Technology Report. For more information and in-depth content, follow us.