On August 2, the Associated Press reported that New Oriental released a clarification statement on the official WeChat official account today, saying that when an analyst asked about the related costs and expenses paid by the company to Mr. Dong Yuhui in the fourth quarter of fiscal year 2024, he used the word "one time compensation". This expression has been misunderstood by some people as a one-time severance payment from New Oriental to dismiss Teacher Dong Yuhui.
The separation from Dongfang Zhenxuan by Huitong was the result of friendly negotiations and agreement between both parties, and there is no such thing as dismissal. The company's arrangement to pay all profits since the establishment of "Yuhui Tongxing" and all funds related to the equity transfer of "Yuhui Tongxing" to Teacher Dong Yuhui is a support for the future development of Teacher Dong Yuhui and "Yuhui Tongxing", rather than severance compensation.