Non-professional illustration: How is the new Oriental Vie event produced and how to deal with it?

Source: Internet
Author: User
Last July, the new Oriental vie turmoil continued to ferment, the recent end of a paper commissioned agreement. Multi-Knowledge network previously reported "New Oriental signed commissioned agreement to solve the risk of vie," a new Oriental teacher @ more than know the net, said that has not been clear about this adjustment. So small make up an expert to swim, made a non professional version of the new Oriental Vie structure diagram, hope to help you solve puzzles. Before July 11, 2012: New Oriental business entity--domestic-funded company, Beijing New Oriental, a total of 11 shareholders, on behalf of Mr Yu's Beijing Century Friendship Education Investment Co., Ltd. is one of the shareholders, New Oriental registered in the Overseas Cayman New Oriental listed companies through the VIE agreement to control the new Oriental Beijing. July 11, 2012: Beijing Century Friendship Education Investment Co., Ltd., which represents Mr Yu, converts the shareholding of 10 other shareholders in Beijing New Oriental into its name, and Beijing's new Oriental becomes its sole shareholder, the Beijing Century Friendship Education Investment Co., Ltd. Because Beijing century friendship company 100% holding Beijing New Oriental. Overseas investors worried that Mr Yu would sell Beijing's new Oriental with a century-friendly company without shareholder approval, sparking panic. In March this year, Mr Yu signed a commission agreement that would represent his control of the Beijing century Friendship Education investment company and hand it over to the wholly owned subsidiary of the overseas listed company, Beijing to develop Hong-Tech Co., Ltd. That is, Beijing to open up Hong Industry and high-tech companies once again vie Beijing century Friendship Education Investment company, for listed companies to control Beijing New Oriental added a "insurance." How does the Oriental Vie event arise and how to deal with it? (Multi-knowledge network distribution map)

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