Yu led the team to set up Oriental Investment Co., Ltd., which took a big step towards the industrialization of education. In the same year, New Oriental cooperated with Lenovo, and Lenovo invested 50 million yuan. New Oriental established Li Andong Ye Wei Science and Technology Development Co., Ltd., specializing in distance teaching in New Oriental. This is the first formal cooperation between New Oriental and the outside world, and the educational concept and spirit of New Oriental have penetrated into the society at a faster speed through modern science and technology. Founded New Oriental Education Technology Group in 2003. Yu is currently the chairman and president of New Oriental Education Technology Group, member of the Central Committee, deputy director of the Central Education Commission, member of all-china youth federation, and vice president of China Young Entrepreneurs Association.