On July 31st, during the fourth quarter financial conference call for New Oriental’s 2024 fiscal year, Yang Zhihui, Executive President and Chief Financial Officer of New Oriental Education Technology Group, responded to whether compensation would be given to Dong Yuhui. He stated that this expense will be incurred in the fourth quarter of this fiscal year and the first quarter of the next fiscal year, and the specific amount will be announced during the next financial conference call, but this is a one-time expense.
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