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The secret connection between Yu Minhong and others and business transformation

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New Oriental, under the leadership of Yu Minhong, has experienced many transformations and challenges. From the traditional education model to today's diversified development, each step is full of uncertainty and difficult decisions.

Dong Yuhui has brought new vitality and opportunities to New Oriental's live broadcast business with his unique live broadcast style and talent. However, behind this lies the fierce market competition and the constant changes in industry rules.

The technology sector represented by Lei Jun is a stage for innovation and subversion. His companies have made continuous breakthroughs in technological innovation and market expansion, demonstrating the rapid development and fierce competition in the technology industry.

Jia Yueting's story is a controversial one. His business adventures have both bold innovation and overexpansion and insufficient risk management.

The experiences of these characters seem independent, but in fact they are all jointly influenced by factors such as the macroeconomic environment, market trends and consumer demand. Their ups and downs on the business stage reflect the characteristics and challenges of an era.

In this rapidly changing era, both companies and individuals need to constantly adapt to new situations and be brave enough to innovate and change. Just as New Oriental's expansion from the education field to live broadcasting and other fields is an attempt to actively respond to market changes. Lei Jun's company's continuous innovation in the field of science and technology is also constantly catering to consumers' demand for new technologies and new products.

At the same time, we should also see that business success depends not only on innovation and risk-taking, but also on sound business strategies and good risk management. Jia Yueting's case reminds us that excessive expansion and ignoring risks may lead to serious consequences.

In short, the stories of these business figures provide us with valuable experience and lessons. Their choices and actions, whether successful or unsuccessful, help us better understand the laws and trends of the business world, so that we can make more informed decisions in our own business and life.