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.

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.

Entrepreneurial background of New Oriental Education Group:

New Oriental Education Technology Group grew up from Beijing New Oriental School and was established on June 6th. 1993+0 1. Focusing on training, the Group has a number of training systems, including Babylonian kindergarten, bubble children's education, excellent middle school education, basic English training, college English and postgraduate training, overseas examination training and multilingual training. At the same time, in basic education and vocational education,

As a famous private educational institution in China, New Oriental Education Technology Group was successfully listed on the new york Stock Exchange on September 7th, 2006. By May of 20 14, New Oriental had established 56 schools, 3/kloc-0 bookstores and 703 learning centers in 50 cities across the country.

Since its establishment, New Oriental has taught 20 million students face to face. The brand of New Oriental ranks 94th in the list of 20 10 top 500 Chinese brands compiled by World Brand ValueLab, and its brand value has reached 6.423 billion yuan.