So they also need to seek transformation. Since children can't be trained, I came up with another way. That's when parents raise their children. They launched a high-quality museum of parents' wisdom. The purpose is to train these parents and educate their children scientifically.
But whether this business can make money is still a question mark. Because many people are busy at work, they may not have time to attend these classes. They may let their children go to cram school, but the probability of going to cram school by themselves is really not great. So I don't know if New Oriental can survive this crisis. SARS didn't bring New Oriental down. I don't know if I can make them fall this time. However, New Oriental is also an education giant that has developed for many years. So I think they should have their own way. Yu is also an experienced veteran in the shopping mall. So I think they should be able to get through this difficulty.
But there is nothing we can do about the stock price decline, because the stock market is greatly influenced by the public opinion environment and external policy environment. Their corporate income will decrease, and the stock market will definitely fall. Therefore, listed companies will be very affected by these factors. So many companies will not choose their own companies to go public. If you choose to go public, you may be affected by many external environments, and then the company's interests will be damaged. However, New Oriental estimates that on the day of listing, they never expected to be banned. So you never know.