The event poster shows,Dong Yuhui has become a "senior partner of Oriental Selection".。Previously, Yu Minhong said in the live broadcast that Dong Yuhui will definitely have the right to speak in the future. 
As of 8 o'clock on December 18, Dong Yuhui's account had 2126 followers20,000, and the number of fans of the Oriental Selection account is currently 288140 thousand. On the evening of the 17th, Oriental Selection issued an announcement on the Hong Kong Stock ExchangeOn 16 December 2023, the Board of Directors resolved to remove Sun Dongxu as Chief Executive Officerand remove him as an executive directoreffective immediately.
The announcement said that in view of the recent ** turmoil,Sun's change reflects his recent mismanagement of the company's brand and reputation；The Board is of the view that Sun Dongxu's resignation from these positions will better safeguard the interests of the Company's shareholders and allow more experienced directors to take over the day-to-day management of the Company. Sun Dongxu confirmed that as of the date of this announcement, he has no differences of opinion with the Board of Directors and has not made any claims against the Company. The Board of Directors has appointed Yu Minhong as the new Chief Executive Officer of the Company with immediate effect. Yu Minhong will continue to serve as the Chairman of the Board and will be re-designated as an Executive Director of the Company. According to the announcement, in addition to having rich experience in business decision-making and management, Yu Minhong is a well-known public figure and has become the image spokesperson of the group. In addition, Yu Minhong has a deep understanding of agricultural products and live broadcasting. Yu Minhong is also the Chairman of the Board and Chief Executive Officer, which is beneficial to the Company and its shareholders. In another announcement on the same day,Oriental Selection disclosed the list of board membersAmong them, the executive directors are Yu Minhong (Chairman) and Yin QiangNon-executive directors include Sun Chang and Sun DongxuThe independent non-executive directors are Lin Zheying, Dong Ruibao and Kwong Weixin. 
*: Comprehensive Oriental Selection Announcement, @东方甄选 Douyin account, etc.
Editor: Miao Yaxiang Review: Hua Lijuan.