After splitting from Huizhong, Dongfang Zhenxuan's revenue dropped by 30%. Yu Minhong: We are in the midst of a storm. Explosive growth needs to wait for the right time.
Financial reports show that in the 2025 fiscal year, East Selection's net operating revenue from continuing operations decreased by 32.7% to 4 billion yuan from 6.5 billion yuan, and the net profit from continuing operations turned from loss to profit. Excluding the financial impact of selling shares in Hui Tongxing, East Selection's net profit from continuing operations in the 2025 fiscal year was 1.354 billion yuan, an increase of 30% compared to the previous year.
"East Selection has indeed experienced various ups and downs in the three years since its establishment. This week, there have been two rumors that caused our stock price to fluctuate. Today, there is also a rumor that Xiaosun is going to resign. Xiaosun is currently on vacation, which I approved, and this time his vacation is a bit longer. However, it does not mean that he is going to resign," said East Selection CEO Yu Minhong in a conference call after the financial report.
Yu Minhong admitted, "If you were in my position, you would understand how much turmoil I am facing. I hope to cherish this hard-won situation today."
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