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 foreign language training, primary and secondary education, preschool education, online education, consulting abroad, book publishing and other fields.
In addition to New Oriental, it also owns sub-brands such as Youneng Middle School Education, Bubble Children's Education, Future Overseas Consultation, Sung Hoon Online Education, Dayu Culture Publishing, Babylonia Parenting Education, and Wentong College Entrance Examination Re-reading. 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 due to the structural adjustment of VIE.
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.
On June 6, 20 18, New Oriental Education Science and Technology Group announced the establishment of the Oriental Coordinate Institute in Beijing, with Yu Ren, the chairman of New Oriental Education Science and Technology Group, as the principal.
The college is committed to providing an exchange and learning platform for innovative entrepreneurs in the field of pan-education, cultivating elites in the education industry and jointly promoting the development of the education industry. The enrollment plan for students of Grade 20 18 in Oriental Coordinate College has been started.
In the first phase, 40 students will be enrolled, with a schooling period of 6 months. The first trainees are the founders and CEOs of Pan-education companies that have received A-round and above investment from well-known investment institutions, and entrepreneurs who are committed to promoting the reform of the education industry.