As follows:
1. New Oriental, full name of New Oriental Education Technology Group Co., Ltd., headquartered in Zhongguancun, Haidian District, China, is a comprehensive education group and an education and training group. The company's business includes foreign language training, primary and secondary education, preschool education, online education, consulting abroad, book publishing and other fields.
2. In addition to New Oriental, it also owns sub-brands such as Youneng Middle School Education, Bubble Children's Education, Future Overseas Consultation, Sung Hoon Online Education, Dayu Culture Publishing, Babylonian Parenting Education, and Wentong College Entrance Examination Repetition. The company was listed on NYSE in 2006, and it is the first educational institution in Chinese mainland to be listed in the United States.
3.2065438+On July 8, 2002 18, the share price of New Oriental plummeted due to the structural adjustment of VIE. 2065438+On February 1 day, 2006, New Oriental Education Group announced that Tencent would invest 320 million RMB (US$ 50 million) in Sung Hoon, and announced that New Oriental Online would soon conduct an IPO in China. This investment is expected to be completed in the first quarter of 20 16. After the completion, Sung Hoon will still be controlled by New Oriental.
4.20 19 12, and new oriental were selected as 20 19 China brand power festival 100 brand. On February 8, 2020,65438, New Oriental was awarded the "2020 Social Responsibility Public Welfare Enterprise" award by CCTV. On the evening of 2002110, the New Oriental Online Hong Kong Stock Exchange announced that it would stop operating off-campus training services for subjects in compulsory education in China.
5.2021115, New Oriental announced that the company plans to stop K-9 subject counseling service in all learning centers in China before the end of 20021. In the future, we will shift our focus and resources to educational products and services unrelated to K9 subject training services, such as preparatory courses, adult language training courses and teaching materials, and the company will continue to explore new business opportunities and growth initiatives.