NEW ORIENTAL EDUCATION & TECHNOLOGY GROUP INC.

(EDU)
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Business Summary
Logo New Oriental Education & Technology Group Inc.
New Oriental Education & Technology Group Inc is a China-based company principally engaged in providing educational programs, services and products. The Company provides educational services under its New Oriental brand. The Company operates its businesses through seven segments, including K-12 AST, test preparation and other courses (formerly known as language training and test preparation courses), primary and secondary school education, online education, content development and distribution, overseas study consulting services, pre-school education and study tour. The Company delivers education to its students in traditional classroom settings, in a combination of online and offline classroom setting with dualteacher model, and through pure-play online platforms.

Number of employees : 105 212 people.
Sales per Business
20202021Delta
K-12 After School Tutoring, Test Preparation and Other Courses3 040.7485%3 667.2785.8% +20.6%
Others537.9415%398.689.3% -25.89%
Online Education--210.594.9%-
USD in Million
Sales per region
20202021Delta
China3 578.68100%4 276.54100% +19.5%
USD in Million
Managers
Name Title Age Since
Cheng Gang Zhou Chief Executive Officer & Director 59 2016
Zhi Hui Yang Chief Financial Officer & Executive President 47 2021
Si Si Zhao Director-Investor Relations - -
Qingrong He Director-Public Relations & Marketing 60 -
Dong Cao Manager-Senior Auditing 45 2004
Members of the board
Name Title Age Since
Min Hong Yu Executive Chairman 58 2016
Yan Hong Li Independent Director 52 2011
Ting Bun Lee Independent Director 53 2006
Zhu Ang Yang, Dr. Independent Director 66 2007
Tung Jung Hsieh Director 56 2016
Cheng Gang Zhou Chief Executive Officer & Director 59 2016
Equities
Vote QuantityFree-FloatCompany-owned sharesTotal Float
Stock A 0 1,690,082,150 1,657,801,581 98.1% 0 0.0% 98.1%
Shareholders
NameEquities%
Davis Selected Advisers LP 10,635,738 6.20%
Morgan Stanley & Co. LLC 9,928,754 5.79%
Lone Pine Capital LLC 7,994,383 4.66%
Baillie Gifford & Co. 7,616,578 4.44%
Artisan Partners LP 6,852,685 4.00%
Goldman Sachs & Co. LLC (Private Banking) 4,811,458 2.81%
The Vanguard Group, Inc. 4,016,312 2.34%
JPMorgan Investment Management, Inc. 3,960,594 2.31%
Yiheng Capital Management LP 3,942,373 2.30%
Healthcare of Ontario Pension Plan 3,933,600 2.29%
Holdings
NameEquities%Valuation
KOOLEARN TECHNOLOGY HOLDING LIMITED (1797) 557,160,500 55.7% 247,824,990 USD
SUNLANDS ONLINE EDUCATION GROUP 564,209 31.0% 4,513,672 USD
TARENA INTERNATIONAL, INC. CLASS A 1,000,000 2.06% 430,000 USD
Company contact information
New Oriental Education & Technology Group, Inc.
No. 6 Hai Dian Zhong Street
Haidian District
Beijing 100080

Phone : +86.10.6090.8000
Fax : +86.10.6260.5511
Web : http://www.neworiental.org/
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