New Oriental Education & Technology Group Inc. (EDU)

Leading provider of private educational services in China, specializing in language training and test preparation.

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New Oriental Education & Technology Group Inc., operating under the New Oriental brand, is a prominent provider of private educational services in China. The company operates through several segments, including Educational Services and Test Preparation Courses, Online Education, Overseas Study Consulting Services, and Others. It specializes in offering comprehensive test preparation courses for students preparing for language and entrance exams used by educational institutions in the United States, Commonwealth countries, and China. Beyond test preparation, New Oriental also provides non-academic tutoring courses and employs intelligent learning systems and devices to enhance the digital learning experience for students.

In response to the growing demand for online education, New Oriental offers a robust platform called Koolearn.com. This platform delivers a wide range of online educational courses tailored for college students and working professionals. These courses include college test preparation, overseas test preparation, and English language learning. Additionally, New Oriental provides educational content packages to schools, universities, public libraries, telecom operators, and online video streaming providers, further expanding its reach and impact in the education sector.

Founded in 1993 and headquartered in Beijing, China, New Oriental Education & Technology Group has built a vast network encompassing 107 schools, 637 learning centers, and nine bookstores across the country. The company's commitment to educational excellence and innovation in digital learning technologies underscores its leadership in preparing students for academic success and professional advancement in a competitive global landscape.

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