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New Oriental Education & Technology (ASX: EDU) — Company Overview, News & Financial Data

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Company profile

New Oriental Education & Technology

New Oriental Education & Technology is a China-based provider of comprehensive educational services, e-commerce livestreaming, and cultural tourism offerings. Established in 1993, the provider delivers overseas test preparation courses, study abroad consulting, adult language training, professional test preparation, and non-academic enrichment tutoring for students. In addition to core educational programs, operations include e-commerce and live streaming retail focused on agricultural products and consumer goods, as well as educational materials publishing, smart learning hardware and software, and structured cultural travel and study tour programs across China.

Snapshot

Public USOwnership
1993Year founded
~81,000Employees
Beijing, ChinaHead office
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Global footprint

Operations

Products and/or services of New Oriental Education & Technology

  • Overseas Educational Services: Overseas Test Preparation and Consulting: Provision of preparation courses for international standardized tests, foreign language instruction, and comprehensive study abroad consulting services, helping mainland Chinese students apply to undergraduate and graduate programs across North America, Europe, and Asia-Pacific.
  • Adult and Higher Education: College and Vocational Exam Preparation: Delivery of specialized test preparation programs for postgraduate entrance examinations, national college English tests, professional certifications, and career development courses aimed at university students and working professionals operating in major metropolitan learning centers.
  • Non-Academic Enrichment Services: Youth Literacy and Skill Development: Provision of non-academic tutoring and literacy programs for K-9 students, focusing on STEAM education, computer programming, art, reading comprehension, and logical thinking instruction through network learning centers across major urban centers in China.
  • E-Commerce and Livestreaming Retail: Agricultural and Consumer Goods Sales: Operation of live e-commerce broadcasting channels and online store platforms selling private-label agricultural goods, food items, daily necessities, and consumer products directly connecting regional farmers and manufacturers with online consumers across domestic digital marketplaces.
  • Cultural Tourism and Study Tours: Educational Travel and Overseas Study Tours: Design and management of domestic cultural travel itineraries, study tours, educational summer and winter camps, and international travel experiences customized for youth, families, and senior citizens operating across historical and cultural destinations worldwide.
  • Educational Technology and Publishing: Smart Learning Hardware and Educational Publishing: Development and distribution of digital educational software, interactive smart learning devices, self-study learning systems, language learning mobile applications, and printed test prep textbooks and supplementary study materials for students and educational institutions.

New Oriental Education & Technology executive team

  • Mr. Minhong YuFounder & Executive Chairman
  • Mr. Chenggang ZhouCEO & Director
  • Mr. Zhihui YangExecutive President & CFO
  • Ms. Sisi ZhaoInvestor Relations Director
  • Mr. Tung-Jung Hsieh J.D.Senior Adviser & Director
  • Mr. Zheng ZhaoGeneral Manager & Managing Partner, New Oriental Education Culture Industry Fund