Yu Min big: Angst appears on the market after

September 13, 2008

　　The severe exacting pressure of wall street, dream, humanitarian to the education of new east spirit is to drive, still strangle?

Interview this ｜ print this print of ｜ of article of hard gold of Cai of reporter Lin Tao reporter Lin Tao

Yu quick Hong Zheng carries out his commercial philosophy energetically in new east: “Oriental spirit, western custom ” . This is the problem that Yu Min big group won’t consider two years ago. The new east that is guiding a gang bookman and him when him is crossed entered new York stock exchange, this became initiate: Of educational industry of China and the capital market that rely on to grow a number to talk the first time butt joint. In American eye, this also is a standard ” American dream ” play, yu Min big begin is very perfect.

Those who be in China is civilized 5000 history go up, this is a breakthrough. Education is completely no longer ” commonweal sex career ” . Want to know, until ” education of run by the local people promotes a doctrine ” began to execute on September 1, 2003, school of run by the local people is contributive the talent is allowed first ” obtain reasonable get one’s own back from inside managerial balance ” . Educational industry of China, this awaits cultivated flat, be worth by capital market discovery, revaluation.

But, this is the begin of the story merely. Two years of in the past, yu Min big work it seems that good, although he is this,paid the price that does not poor. Capital market of the United States resembles an amplifier, the dream of will new east, fortune and social consequence undertook counting decuple enlarge, it is dangerous that the in having still the company grows trouble that is magnified at the same time, pressure is mixed. Yu Min big should avoid to let hit the ceiling that comes up against policy newly eastward, the growth that should be contented investor again asks and high speed of ground of do one’s best is outspread. In the meantime, he manages the intellectual with good so huge amount even, this can be a kind of person that the whole world manages the hardest.

Educational industry of China whether accomplish bring out the best in each other with capital market? Yu quick does not have a bottom in big heart, this is not is the difficult problem that Yu Min’s Hong Yi’s individual should face, it is the big mountain that whole industry, whole even country should cross.

The Olympic Games leaves. Dan Xindong square ” the president ” Yu Min big the impact that day of the some before still remembering a few months gives him that to bring about the message of the Olympic Games and fright. That day, some is in charge of new east high to rush into his office suddenly to say to him, “During the Olympic Games, we may get suspend class! ” the directive is teach from Beijing appoint of the make known to lower levels on the conference: All run by the local people learn during the Olympic Games school must all close down, all run by the local people and fair do school yard also must all Qing Dynasty is empty. This teachs science and technology to new east (group) company (new east of the following abbreviation, for EDU.NYSE) , it is a disaster simply, the likelihood causes new east several yuan loss, want to know, the Olympic Games is worth the gold period that foreign language of summer vacation time grooms, and 5 years ago, new east returned student to be as high as 100 million yuan imprest tuition as a result of SARS suspend class, “Within an inch of rectifies new east break down ” .

Hold CEO concurrently as new eastern president, one is having about a hundred in the whole nation of 10 thousand students ” the president ” , yu quick Hong Qing wakes what the ground knows he is engaged in is not without sensitive industry, he must maintain the communication with government sector leader at any time, “Make them more thorough what is geographical Jie Xindong just doing after all, lest is misunderstood to new Oriental generation ” .

Hear of is possible after the message of suspend class, yu Min big the accredit that employed oneself and new east to be accumulated with the government for years concerns (his modest and, the good impression that free and easy individual character and humorous style of conversation won many governmental officials, new east is opposite for years of children of official of each district government groom also accumulated) of many person arteries and veins for him, strove for the opportunity that opens a class normally finally. During the Olympic Games, beijing almost all group activities were cancelled, of alone exception is ten new east student still still is however in Beijing classroom attend class.

A Beijing government official is right later Yu Huyan, “During the Olympic Games, besides Olympic Games place, count you the person that new east collects is most. Count you the person that new east collects is most..

The new east nowadays, already was that relies on telegraph pole to go up small advertisement 15 years ago will solicit the careless station team that counts 100 student visit a class source of student, every year only no longer; The Yu Min nowadays big, early also it is that holds a stammer Jiangyin 16 years ago no longer mandarin, appear on the stage the face is so embarrassed that the face can drink the arris head blueness of frowsty wine only. Two years ago, new east appears on the market in new York stock exchange, with ” preach awards course of study to dispel doubts ” the educational industry that is supreme pursuit and with the capital market butt joint with consummate gain, this is in China or the head meets with. Although later in succession again great becomes education (CEDU.NASDAQ) , defending long-range education (the education such as DL.NYSE Arca) grooms the orgnaization appears on the market in the United States, but the stock of these companies falls without an other place later defeated release price, only growth of new Oriental outstanding achievement reachs its share still strong. 2007 money year, new Oriental gross income is 132.6 million dollar, to 2008 money year, this one word rises to 201 million dollar. New Oriental share price criterion from the emission of 15 dollars valence leap up rises the 70 dollars above nowadays, highest when ever still exceeded 90 dollars. In 2008 money in year, shared 1.27 million person-time to accept the education of new east to groom.

But, it is under beautiful outstanding achievement and share price, yu Min big angst has add without decrease. In all sorts of circumstances, he close to auspicious forest ground of type of elder brother’s wife repeats from language, “I regret to appear on the market, I still regret to appear on the market now ” , although many people think such making known one’s position that be bordering on affectation — because appear on the market,billions of yuan of RMB is achieved in the body home of Yu when.

Be in early 2005, the poineering patriarch of new east people begin press on the board of directors Yu Min big accept venture capital investment, accept appear on the market, yu refused. His reason is, be afraid of appear on the market destroyed him to be gone after all the time ” those who do a business is easy with ideal ” . In refuse to budge after half an year, yu quick Hong Cai compromises finally.

Education is a special industry originally, from be opposite in those days educational orgnaization whether the controversy of gain arrives southern Asia taught a group 2005 (run by the local people teachs the first brand at that time) capital catenary ruptures close down, public opinion is taught to run by the local people and the doubt of foreground of educational estate development had never been broken. Today, market prise exceeds the new east of new celebrity of industry of Yo of the 2 billion dollar, state religion in becoming, still can feel similar pressure from time to time. Policy limitation, bureaucratism, ideological fetters and handcuffs, these are worn like each column, lie across is on outspread runway, new east must the edge runs the edge crosses the past, the look with global deeply anxious investor is from the back.

“I read now less and less, this is apparent, I a ceremony has the honor to read moment of some of a book to be not read now. ” the idle talk time that Yu is yearning for to be able to follow a batch of ideologist to have 9 days every week even, but apparent impossible, “(without these time) it is a very discreditable thing, become very painful. Become very painful..

On August 18 this day in the morning, the Liu Xiang that loses compatriots to look again personally twisted a head to exit the Olympic Games in the public eye contest of group of 110 meters of column. Yu Min big evaluation, “The life pressure that faces after Liu Xiang retreats the pressure previously to want than him 100 million times bigger. “The life pressure that faces after Liu Xiang retreats the pressure previously to want than him 100 million times bigger..

He too understand Liu Xiang, so he is retreated must not.