Affected by Dongfang Zhenxuan, New Oriental's performance fell short of expectations! The stock price once dropped over 31%! Latest response
A reporter called New Oriental as an investor, and a relevant person responded that the company has no special circumstances, but the guidance for the next quarter may not meet market expectations. When discussing the impact of the second-quarter performance being affected by Dongfang Zhenxuan, the person stated that there is indeed a certain impact, as Dongfang Zhenxuan's net profit performed well in the same period last year. Dongfang Zhenxuan's second-quarter performance declined year-on-year, mainly because it divested from Hui Tong in July last year. If we exclude the one-time impact brought by this divestiture, Dongfang Zhenxuan is profitable