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Why is New Oriental still making up lessons under the double reduction policy?
Why is New Oriental still making up lessons under the double reduction policy: to protect the company's survival.

New Oriental Education Science and Technology Group

The full name of New Oriental Education Technology Group is a large-scale comprehensive education technology group integrating education and training, research and development of educational products and educational services. It was established in Beijing on June, 20061993165438+10/6. The current chairman and CEO is Yu.

With training as the core, New Oriental Group has many training systems, such as bubble children's education, excellent middle school education, basic English training, college English and postgraduate training, and overseas examination training.

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In 2006, New Oriental Company was listed on NYSE, which was the first educational institution in Chinese mainland to be listed in the United States. On April 19, 2023, New Oriental released its financial report for the third quarter of fiscal year 2023 as of February 28, 2023. The financial report shows that New Oriental's net revenue in the third quarter was 754.2 million US dollars, up 22.8% year-on-year. The net profit attributable to New Oriental was US$ 865,438 +0.6 million, a year-on-year increase of 65,438+066.7%.

In 2005, New Oriental schools were established in Hangzhou, Changsha, Harbin, Jinan, Taiyuan, Zhengzhou, Changchun and Xiangyang. In March, Beijing New Oriental Chengxun Network Technology Co., Ltd. was established, New Oriental Online Education was reorganized, and the new domain name was officially launched; On June+10, 5438, New Oriental Education Technology Group settled in the New Oriental Headquarters Building in the core area of Zhongguancun, Beijing.

In 2006, New Oriental School was established in Fuzhou, Hefei, Kunming, Shijiazhuang, Suzhou, Zhuzhou, Yichang, Anshan and Foshan. On September 7th, New Oriental was successfully listed on NYSE, becoming the first educational institution in Chinese mainland to be listed in the United States. In September, New Oriental Big Dipper Training School was established, and New Oriental entered the field of vocational certification training.

In 2007, New Oriental School was established in Nanchang, Wuxi, Jingzhou and Dalian. In March, New Oriental Preschool Education Development Center (Beijing New Oriental Mantian Education Consulting Co., Ltd.) was established; In August, New Oriental invested 50 million yuan to set up the "May 4th Award Fund for College Students in China-New Oriental Self-improvement Fund"; 165438+ 10, the Project Department of New Oriental International High School was formally established.

In 2008, New Oriental School was established in Lanzhou, Xiamen, Qingdao, Nanning, Huangshi and Ningbo. In May, after the Wenchuan earthquake in Sichuan, New Oriental donated 20 million yuan to organize volunteers to serve the disaster areas. In August, New Oriental and NLD Youth League Central Committee jointly launched "Candlelight Action-Social Responsibility of New Oriental Teachers"; 10, New Oriental Family Education Research and Guidance Center was established.

In March 2009, New Oriental School was established in Xuzhou. 1 1, New Oriental Youneng Middle School Education National Promotion Management Center was established; In February 65438, New Oriental became the "Language Training Partner for Civilized Volunteers of China 20 10 Shanghai World Expo", and provided language training for 300,000 civilized volunteers of the World Expo.