YU Min Hong

Yu Minhong is an executive director, chairman of the board and chief executive officer of East Buy Holding, listed on the Main Board of the Hong Kong Stock Exchange under stock code 1797. The company's 2026 annual report records that he was 63 years old, that he has chaired the board since 23 May 2018 and chairs the nomination committee, and that he is also chairman and a director of Beijing Xuncheng since May 2015 and of several New Oriental group companies, including Lecinu. The report states that he received a bachelor's degree in English from Peking University in July 1985 and that he founded New Oriental, which he has chaired as executive chairman since 2001. From August 2017 to June 2019 he was a director of Sunlands Technology Group, whose American depositary shares are listed on the New York Stock Exchange under the symbol STG, having become an independent director there in March 2018. New Oriental is the company's controlling shareholder; its American depositary shares trade on the New York Stock Exchange under the symbol EDU and its shares are also listed in Hong Kong under stock code 9901, and Yu has served as its chairman and a director since 2001. The annual report also discloses that on 29 June 2026 the company entered into a framework agreement with New Oriental to renew existing continuing connected transactions for three years. Because New Oriental is controlled by Yu, the agreement is a connected transaction subject to reporting, announcement and annual review requirements, though it is exempt from circular and independent shareholders' approval. The corporate information section shows a board of two executive directors and four independent non-executive directors: Yu and chief financial officer Yin Qiang are the executive directors, while Sun Chang resigned as a non-executive director on 21 August 2026 and Kuang Weixin, Lin Zheying, Yan Yan and Wan Zhe serve as independent non-executive directors, Wan having been appointed on 29 May 2026. Yan Yan chairs the audit committee, Lin Zheying chairs the remuneration committee and Yu chairs the nomination committee. The company is incorporated in the Cayman Islands, keeps its headquarters in Beijing's Haidian District and its principal Hong Kong office in Dah Sing Financial Centre, Wan Chai.