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About the company
New Oriental Education & Technology Group Inc is a China-based company mainly engaged in delivering comprehensive educational programs, services and products to students through its nationwide physical network of schools, learning centers and bookstores, as well as pure-play online learning platforms. The Company primarily operates through four segments. The Educational Services and Test Preparation Courses segment mainly provides K-12 after school training (AST), test preparation, and other courses. The Online Education and Other Services segment mainly provides online education. The Overseas Study Consulting Services segment mainly provides overseas study consulting services. The Educational Materials and Distribution segment is mainly engaged in distributing and selling books and other educational materials through its distribution channels, which consist of bookstores operated by the Company and third-party distributors.
- Revenue in USD (TTM)4.31bn
- Net income in USD309.59m
- Incorporated2006
- Employees50.44k
- LocationNew Oriental Education & Technology Group IncNo. 6 Hai Dian Zhong Street, 9Th FloorBEIJING 100080ChinaCHN
- Phone+86 1 062605566
- Fax+86 1 062605511
- Websitehttp://www.neworiental.org/
Mergers & acquisitions
| Acquired company | 9901:HKG since announced | Transaction value |
|---|---|---|
| Dongfang Youbo (HK) Education Ltd | -9.77% | -- |
| Xi'an Ruiying Huishi Network Technology Co Ltd | -9.77% | 94.36m |
| Beijing Kuxue Huisi Network Technology Co Ltd | -9.77% | -- |
| Holder | Shares | % Held |
|---|---|---|
| Morgan Stanley & Co. LLCas of 30 Jun 2024 | 6.21m | 3.75% |
| GIC Pte Ltd. (Investment Management)as of 25 Jun 2024 | 3.21m | 1.94% |
| Renaissance Technologies LLCas of 30 Jun 2024 | 3.18m | 1.92% |
| Goldman Sachs & Co. LLC (Private Banking)as of 30 Jun 2024 | 2.73m | 1.65% |
| Fidelity Management & Research Co. LLCas of 30 Jun 2024 | 2.68m | 1.62% |
| Trivest Advisors Ltd.as of 30 Jun 2024 | 2.35m | 1.42% |
| Point72 Asset Management LPas of 30 Jun 2024 | 2.07m | 1.25% |
| Bank of America, NA (Private Banking)as of 30 Jun 2024 | 2.02m | 1.22% |
| Greenwoods Investments SG Pte Ltd.as of 30 Jun 2024 | 2.00m | 1.21% |
| BofA Securities, Inc.as of 30 Jun 2024 | 1.81m | 1.09% |
