Yu Minhong - Chairman and President of New Oriental Education Group and co-founder of Hongtai Fund Yu Minhong, male, Han nationality, born in 1962, native of Jiangyin, Jiangsu Province, member of the China Democratic League.
Graduated from the Department of Spanish, Peking University, with a university degree.
In 1985, he served as a teacher in the Department of Foreign Languages ??of Peking University. In 1993, he founded Beijing New Oriental School. In 2003, he established New Oriental Education Technology Group.
He is currently the chairman and president of New Oriental Education Technology Group, deputy director of the Central Education Committee of the China Democratic League, vice president of the China Youth Entrepreneurs Association, and a member of the All-China Youth Federation.
New Oriental Education Technology Group, led by Yu Minhong, currently has ten branches in Beijing, Shanghai, Guangzhou, Wuhan, Xi'an, Tianjin, Nanjing, Chengdu, Chongqing, Shenyang, Shenzhen, Changsha, Jinan, Harbin, Xiangfan, Taiyuan, Toronto, Montreal and other places around the world.
It has eight New Oriental schools, two professional research institutions, five subsidiaries and North American branches. Its business covers education research and development, book and magazine publishing, online education, teaching software development, document writing, study abroad consulting and other fields.
In 1962, she was born in an ordinary rural family in Huqiao Village, Xiagang Street, Jiangyin City, Jiangsu Province. Her father was a carpenter and her mother was the female captain of the local production team.
Yu Minhong also has a sister who is a barefoot doctor.
In 1976, Yu Minhong graduated from junior high school. After graduation, he did not go to high school, but returned to the countryside.
Because the policy at that time was that only one child from a family of poor and lower-middle peasants could attend high school.
Yu Minhong’s sister graduated from high school.
In 1978, he graduated from high school in Jiangyin City Xiagang Middle School. In the same year, he failed in the college entrance examination.
In 1979, he took the college entrance examination for the second time and failed again. After that, Yu Minhong attended a college entrance examination cram school and applied for Peking University.
In 1980, I took the college entrance examination for the third time and was successfully admitted to the Spanish Department of Peking University. My English score in this college entrance examination was 93 points.
In 1982, Yu Minhong contracted tuberculosis and took a year off from school.
In 1985, he officially graduated from Peking University and later stayed at the school to teach.
In 1988, Yu Minhong planned to go abroad. In the same year, he took the TOEFL exam and scored 663 points.
In 1989, as the United States began to tighten its study abroad policy in China, the number of international students dropped significantly.
After the environment changed, in order to make money, Yu Minhong asked Wang Qiang and other classmates to run classes outside the school and start earning class fees.
In 1990, Peking University was dissatisfied with Yu Minhong's income-generating behavior and punished him. Among the reasons listed for the punishment, one of them was that he was running a school privately in the name of Peking University, which affected the teaching order.
In 1991, Yu Minhong resigned from Peking University and rented a farmer's house with his girlfriend.
His girlfriend tutored the landlord's children, and Yu Minhong worked in a social training school. Later, he discovered that the concepts were quite different, so he came up with the idea of ??starting his own business.
In 1993, Yu Minhong officially founded Beijing New Oriental School.
In 1995, the number of New Oriental students had grown to 15,000. Yu Minhong no longer considered going abroad. Xu Xiaoping, who was also a teacher at Peking University, and Wang Qiang, a classmate from Peking University, returned to China to join New Oriental.
The three are known as the troika of New Oriental.
In 2003, New Oriental School registered and established New Oriental Education Group, with Yu Minhong serving as chairman and president.
On September 7, 2006, New Oriental (NYSE: EDU) was officially listed on the New York Stock Exchange in the United States.
In 2011, Yu Minhong started his second business venture and set out to establish a management training institution, Huizhi Tiancheng, to enter the education and training sub-industry.
On August 6, 2013, Gengdan College held a director re-election meeting and elected a new Gengdan College Board of Directors. All directors unanimously elected Director Yu Minhong as chairman.
On October 9 of the same year, Yu Minhong took over Geng Dan College of Beijing University of Technology, a private university, and served as its chairman.
On November 26, 2014, Yu Minhong joined hands with Sheng Xitai, former chairman of Huatai United Securities Co., Ltd., to jointly establish Hongtai Fund. Through the capital power of this angel fund, it supports Internet education innovation and supports more young people to embark on the path of entrepreneurship.
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On May 15, 2015, Yu Minhong guest-starred in the large-scale historical revelation film "Nine Days of the Whirlwind" directed by Fu Hongxing.
On September 18, 2015, the press conference for the settlement of Hongtai Fund in Xi'an and the founding conference of Hongtai New Kaimai were held at the Qujiang Campus of Xi'an Jiaotong University.
Xu Jun, chairman of Urban Construction Investment Group, recently hired Yu Minhong and Sheng Xitai as young entrepreneurial mentors in Xixian New Area.
On December 10, 2017, he was elected as a standing member of the 12th Central Committee of the China Democratic League and a member of the 12th Central Committee of the China Democratic League.
Overstepping the rules, being sensitive, being generous - Yu Minhong's successful syllogism Overstepping the rules and deviating from the trajectory designed by others Yu Minhong had the experience of failing the college entrance examination three times, failing to realize his long-cherished wish to study abroad, and not being as good as Yu Minhong when he became a teacher, but he never
compromise.