Yu Donglai's latest article: "Fat Donglai will never go public" and top management must exit power positions before the age of 60.
On the evening of February 12, the founder of Pangdonglai, Yu Donglai, published part of Pangdonglai's strategic plan on social media, stating that Pangdonglai will always firmly maintain its educational nature, so "it will never go public." At the same time, Yu Donglai stated that regardless of the future, the highest management of Pangdonglai must step down from their positions of power before the age of sixty to maintain the youthfulness and vitality of the team. In addition, Yu Donglai also mentioned that once Pangdonglai achieves its planned sample objectives, it will stop expanding in size as a company. Previously, Yu Donglai had responded to questions about "Pangdonglai going public" on social platforms, stating that in the future, Pangdonglai will become an excellent school-like enterprise focused on cultural and business exchange research, serving as a commercial model for the industry to reference and learn from. Its main feature is researching and sharing scientific ways of living a happy life. There is no planned expansion in size, let alone plans for going public. The company in all fields is just implementing a scientific cultural concept and using scientific and technological advancements as a tool. On February 11, Yu Donglai announced on social media that he would retire after the Chinese New Year and transition to a consultant role, with the Pangdonglai work being overseen by the Pangdonglai decision-making committee.
Latest

