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yu minhong, sudden news!

2024-09-03

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on september 2, tianyancha’s official website showed that

beijing new oriental culture and tourism co., ltd. and itswholly owned subsidiary

beijing new oriental wokaid international education travel co., ltd.

all industrial and commercial changes have occurred.

yu minhong resigned as the legal representative of the two companies.

successor was yang zhihui.

but the chairman of both companies is still yu minhong.


public data shows that

yang zhihui is from new oriental education and technology group

executive president and chief financial officer,

president and legal representative of new oriental culture and tourism group.


image source: tianyancha official website

new oriental culture and tourism was established in july 2023 with a registered capital of 1 billion yuan. yu minhong was previously the legal representative and chairman of the company. the company's business scope includes tourism business, tourism development project planning and consulting, and organizing cultural and artistic exchange activities.
in december 2023, yu minhong published a statement announcing that dong yuhui would concurrently serve as vice president of new oriental culture and tourism group.
beijing new oriental wokade international education travel co., ltd. was established in may 2012 with a registered capital of rmb 5 million.

since its establishment, new oriental culture and tourism has wholly owned shares of beijing new oriental wokade international education travel co., ltd. and new oriental (jiangsu) culture and tourism investment co., ltd., and indirectly owns actual control over a number of companies through beijing new oriental wokade international education travel co., ltd., most of which are new culture and tourism companies established by new oriental wokade across the country this year.
on july 4 this year, beijing new oriental wokede cultural and creative co., ltd. was established. its business scope includes internet sales, digital creative product exhibition and display services, digital cultural and creative software development, and tourism development project planning and consulting.
the company is a wholly-owned subsidiary of beijing new oriental wokade international education travel co., ltd., with yu minhong as the legal representative and chairman, and a registered capital of rmb 10 million. after further equity penetration, the company is wholly owned by new oriental culture and tourism.

image source: tianyancha official website

from the perspective of equity relations, the newly establishedthe establishment of the company is another expansion of new oriental’s cultural tourism business segment.
source: jiupai news, tianyancha official website, caijing.com, 21st century business herald, etc.
editor-in-charge: dong xiaole
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