The reason why New Oriental closed down is that the closed New Oriental is only an education and training institution under the New Oriental Group, and there is no conflict with New Oriental books. New Oriental, the full name of New Oriental Education Technology Group Co., Ltd., used to be Beijing New Oriental Education Technology (Group) Co., Ltd. and Beijing New Oriental Education Technology Co., Ltd.
In addition to New Oriental, New Oriental Education Technology Group Co., Ltd. also owns sub-brands such as Youneng Middle School Education, Bubble Children's Education, Future Overseas Consultation, Sung Hoon Online Education, Dayu Culture Publishing, Baby-raising Education, and Wentong College Entrance Examination Re-reading.