Yu Minhong from entrepreneurs turn, investors perception, founder of unprofessional, leading to fail

in terms of ownership structure, in this issue before, the controlling shareholder of the company and the actual control process of Hangzhou, directly holds 29552813 shares, accounting for 29.56% of the total shares, the Shanghai bright tiger and tiger of Shanghai indirectly holds 2.09% of the equity, together hold 31.65% of the equity shares.

Commission official website shows, tiger culture communication Shanghai Limited by Share Ltd hereinafter referred to as ESPN submitted A prospectus draft report, documents show that the company intends listed in the Shanghai Stock Exchange, no more than 33334000 shares issued.


Yu Minhong is a smart entrepreneur. He knew long ago that what business needed was to convince the target user and customer with the premise of "faith". For example, when New Oriental, he had five steps: "inspirational stand in the loneliness, failure and humiliation of the ruins", "never say never" "life as water" "life" and "calm river runs through the spirit", plays the mentor role, four lectures, incentive aspiring young people through the struggle to change the fate of "brainwashed" young people excited under the New Oriental English training is very easy to learn English well, hope to change the fate of studying abroad.

for this, he made a new book, "may your youth be a dream", there are many entrepreneurial sentiment, although chicken flu feeling, but dry goods or some, worth the weekend to see.

with the development of training, New Oriental’s goal is constantly changing, from the initial school to become a wanted to open new oriental school throughout the country, and now we have made a listed company in the United states. In a word, your goal is to rise, but the foundation will not change. For example, I was originally

2014, Yu Minhong founded the Hong Thai fund, he also opened a "business mentor" mode, combined with their own experience of the young entrepreneurs of Bei, attract more entrepreneurs with Hong Thai relationship.

first, who want to start, everyone wants to be your own boss, but you have to ask yourself one question: why do you want to start? What do you want to make it? What kind of state? We do not venture to start, but in order to do one thing, and one thing if you are in, and self assessment found that this is possible, this time you can start a business. If you have no goals, just spur of the moment, just think you should do what, and no love too much to do, that business is just become a trend, but not in reality, you may not be able to make big things.

grasp the tendency of each person, to meet their needs, but also suppress their unreasonable demands and desires, so that they can continue to go forward with your heart. In fact, the ability to control people, the ability to control the environment, and the ability to control the development of enterprises constitute the important condition for your success.

‘s first ability is target ability,

TechWeb reported April 25th news, the Internet sports service platform tiger sports submitted to the Commission A shares listed application.

before and after the issuance of equity changes

consolidated income statement

personally, I had to do the New Oriental, has a very clear goal, that time from the Peking University to work out after the dismissal of university teacher training institutions do, I hope I can make a truly meaningful training institutions. It is precisely because of this goal, the New Oriental training career is thriving, and continue to move forward.


in addition, ESPN associated, in many aspects with guirenniao January 2015, guirenniao with ESPN Co. signed a "strategic cooperation framework agreement."

tiger sports means using the Internet Service Sports crowd, owns sports vertical website "ESPN sports network" and "ESPN mobile client, mobile client, provide the service mainly includes event information, community interaction, online value-added services, operations, events, sports goods and services guide the main business, by advertising, event marketing business and value-added business income etc..

the following is the combination of Yu Minhong’s own entrepreneurial practice, summed up an entrepreneur to succeed, which should have eight capabilities?.

data show that in February 12, 2015, guirenniao affiliates Quanzhou Sheng wing investment company jointly invested and set up Quanzhou City Quan Xiang Investment Center limited partnership hereinafter referred to as "Quan Xiang investment", among them, guirenniao invested 239 million 160 thousand yuan, Quanzhou Sheng wing Investment Co., Ltd. invested 1 yuan, as the general partner. In February 27, 2015, Stephen Cheung investment and Quanzhou Quan Sheng signed the "investment agreement", and on the basis of the agreement to provide loans 89 million 160 thousand yuan, 150 million yuan to Quanzhou Sheng Quan, Quanzhou Quan Sheng to the transferee stake borrowing tiger sports and the tiger sports capital, as of the date of signing the prospectus, the equity transfer and capital increase has been completed, Quanzhou Quan Sheng holds 16.11% stake in espn.

before the release, ESPN’s second largest shareholder of Quanzhou Sheng Quan, the latter is the entity clothing brand guirenniao curve shares ESPN’s.

the company in 2015, 2014 and 2013 revenues were about 200 million yuan, 140 million yuan, 98 million yuan, the same period operating profit of about 27 million 670 thousand yuan, 5 million 60 thousand yuan, 15 million 40 thousand yuan. Among them, in 2015, advertising, event marketing, value-added services accounted for 60.78%, 13.75%, 20.56%.

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