New Oriental Education & Technology Group Inc. (E1DU34)

Overview

New Oriental Education & Technology Group Inc. is a prominent provider of private educational services in the People's Republic of China, operating under the renowned New Oriental brand. The company was established in 1993 and has its headquarters in Beijing. It is structured into four main segments: Educational Services and Test Preparation Courses, Online Education and Other Services, Overseas Study Consulting Services, and Educational Materials and Distribution. New Oriental Education & Technology Group Inc. caters to a wide range of educational needs, from test preparation and language training to overseas study consulting and online education, serving students across various stages of their educational journey.

Products and Services

• Educational Services and Test Preparation Courses

This segment offers comprehensive test preparation courses for students aiming to take language and entrance exams related to educational institutions in the United States, Commonwealth countries, and the People's Republic of China. The courses are designed to help students achieve optimal performance on exams and gain admission to prestigious educational institutions.

• Online Education and Other Services

Through the Koolearn.com platform, New Oriental provides extensive online education courses. These include college educational services such as test preparation for Chinese and overseas exams, English language learning aimed at college students and working professionals, and a range of other standardized test preparation services. The platform facilitates a comprehensive digital learning experience to enhance English language proficiency and prepare for higher education challenges.

• Overseas Study Consulting Services

New Oriental offers overseas studies consulting services to guide students through the complex process of studying abroad. These services cover a range of aspects, including application procedures, visa processes, and preparations for living and studying in a foreign country, thereby simplifying the journey for prospective international students.

• Educational Materials and Distribution

The company is involved in the development and editing of educational materials geared towards language training and test preparation. These materials are integral to the company’s educational programs, which are distributed through various channels, including schools, learning centers, bookstores, and online platforms. Furthermore, New Oriental provides educational content packages to institutional customers, such as universities, public libraries, telecom operators, and online video streaming providers, enhancing the availability and reach of educational resources.