Headquartered in Zhongguancun, Haidian District, China, it 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. 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.

Extended data:

As of April 2, 20021,New Oriental Online has been listed for two years. In two years, New Oriental went from a stable profit before listing to a loss. At the beginning of the year, a huge loss report was released. Recently, it was revealed that Hong Kong stocks fell by 9%. Two years after listing, the stock price dropped from the highest point of HK$ 43.450 to today's 18. 120.

Two years ago, Yu declared at the celebration banquet of the online listing of New Oriental that "we should not only participate in the education in China, but also occupy a place at the main table. We not only have a place at the main table of New Oriental Education and New Oriental Online, but also sit at the top of China Education. "

K 12 education is a battleground for strategists in today's online education market. Enterprises, big or small, are testing the water. In order to quickly open channels, New Oriental Online has invested a lot of money and personnel.

The interim report of New Oriental Online Financial Report shows that its sales expenses will reach 515.3 million yuan in 2020; R&D expenses reached 234 1 10,000 yuan; The administrative expenditure reached 1.2 1 100 million yuan. And recruited nearly 5,000 full-time employees and more than 2,000 part-time employees, resulting in a total salary expenditure of 1 1 billion yuan, a year-on-year increase of 157.8%.

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