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New Oriental, the 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 quality education, international education, adult education, wisdom education, book creation, live e-commerce and other business sectors.
It has built many well-known educational brands such as Babylonian Kindergarten in New Oriental, Children's Literacy and Wisdom Center in New Oriental, Wisdom Learning Center in New Oriental Middle School, International Education in New Oriental, Learning and Development Center for College Students in New Oriental, and Wisdom Education in New Oriental.
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. On July 2012 18, New Oriental was investigated by the SEC and its share price plummeted.
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.
20 19 12, New Oriental was selected as the brand of 20 19 China Brand Power Festival 100. 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. 20021115, 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, the focus and resources will be shifted to educational products and services unrelated to K9 discipline training services, such as preparatory courses, adult language training courses, teaching materials and so on. "The company will continue to explore new business opportunities and growth initiatives."165438+1On October 25th, New Oriental began to offer Chinese courses in the United States.