According to AI News, on February 26th, New Oriental's official WeChat account released a statement stating that the "Homecoming Plan" of New Oriental has recently received some media attention. In response to the relevant situation, the following explanation is made: Firstly, the "Homecoming Plan" was first proposed in August 2022, mainly targeting the development needs of new Oriental's emerging businesses such as Oriental Selection and New Oriental Culture and Tourism, aiming to resettle old employees for reemployment, and does not involve subject training in compulsory education. This plan is not aimed at soliciting opinions on the recently released Regulations on the Management of Off campus Training. New Oriental always believes that only by governing according to law can we ensure the healthy development of the industry. New Oriental, as always, firmly supports the major decision and deployment of the central government's "double reduction". The original subject training in compulsory education has been rectified as required, transformed into a non-profit entity, and separated from the listed entity. New Oriental has resolutely implemented the policy requirement of the central government's "double reduction" document on "no longer approving new subject based extracurricular training institutions for students in compulsory education", which has been fully implemented by New Oriental Group.