New Oriental Education Technology Group
New Oriental Education Technology Group
No. 6 Hai Dian Zhong Street Haidian District, Beijing 100080 People’s Republic of China
86 10 6090-8000
Sector: Technology
Description
New Oriental Ed & Technology GP, also known as New Oriental, offers educational services.
The educational services firm was set up in 1993 in by Michael Minhong Yu in Beijing, China. It was initially set up to offer TOEFL preparation courses to college students.
The company offers test preparation course, foreign language training for assessment and admission tests in the regions of the United States, commonwealth countries and China. In addition, it offers secondary and primary school education services and various related offerings.
The company also operates in software development.
Its stocks are listed on NYSE under the symbol of ‘EDU’.
The China-based company aims to expand the knowledge horizons of students and improve their lives. It also aims to empower the students for achieving their potentials, developing a global vision and build self-confidence.
The education services provider operates and claims to have a network of 11 bookstores, 118 schools, and access to nationwide network of offline and online bookstores, and nearly 1,625 learning centers.
It claims to be a recognized brands in private education in China.
Students from all ages are provided exposure to various activities to make education easy through playing, ranging from kindergarten, summer camps and POP kids’ programs for primary and middle school students.
New Orient claims to be an advisor and trusted teacher and provides students with learning various skills that are required for employment, etc. It also provides assistance to students for international exams, college or high school entrance exams.
The company also provides adult practical English programs, online education, occupational test preparation, popular education publications, and career education for senior students.
It provides a diverse portfolio of various educational products, services, and programs to meet different needs of students.
The Chinese firm operates through various subsidiaries and affiliates such as Koolearn Tech, Elite Concept Holdings Limited, New Oriental Education Corporation, Wuxi Pop Kids English Training Centre, Smart Shine International Ltd, Newave Education Centre, Changchun Tongwen High School, Nanning New Oriental School, and Zhuzhou New Oriental Training School.
Peers

WOO
WooBoard Technologies Ltd

FANG
ETFS FANG+ ETF

CL8
Collaborate Corporation Limited

K2F
K2fly Limited

DXN
DXN Limited

ATEC
BetaShares S&P/ASX Australian Technology

Unlisted
Greatcell Energy Pty Ltd.

WDT
Wellington Drive Technologies Limited

IOU
IOUpay Limited

VOR
Vortiv Limited

TECH
ETFS Morningstar Global Technology ETF

CRO
Cirralto Limited