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New Oriental Education & Technology Group Inc. (EDU)

23.16 Up 0.84(3.76%) 2:39PM EDT - Nasdaq Real Time Price
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New Oriental Education & Technology Group Inc.
No. 6 Hai Dian Zhong Street
Haidian District
Beijing, 100080
China - Map

Index Membership:N/A
Industry:Education & Training Services
Full Time Employees:22,826

Business Summary 

New Oriental Education & Technology Group Inc. provides private educational services primarily in the People’s Republic of China. It offers test preparation courses to students taking language and entrance exams used by educational institutions in the United States, the People’s Republic of China, and Commonwealth countries; and after-school tutoring courses for middle school and high school students to help students enhance scores on entrance exams for admission into high schools or higher education institutions. The company also provides language training courses consisting of English and other foreign languages, such as German, Japanese, French, Korean and Spanish for adults; operates full-time private primary and secondary boarding school in Yangzhou seeking a full curriculum taught in Chinese and English; develops and edits educational materials for language training and test preparation, such as books, software, CD-ROMs, magazines, and other periodicals; and offers online education programs on its Website. In addition, it offers overseas studies consulting; operates kindergartens in Beijing; and offers a pilot program whereby it permits third parties in small cities to provide its English and kindergarten programs under a brand name cooperation model. The company provides its educational services primarily under the New Oriental brand. As of May 31, 2014, it offered educational programs, services, and products to students through a network of 56 schools; 647 learning centers; 31 own and approximately 5,000 third-party bookstores; and approximately 16,600 teachers in 50 cities. The company was founded in 1993 and is headquartered in Beijing, the People’s Republic of China.

Key Statistics

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Key Executives 
Mr. Minhong Yu , 52
Founder, Chairman, Chief Exec. Officer and Exec. Pres of Domestic Bus.
Mr. Tung-Jung Hsieh , 50
Pres, Chief Financial Officer and Director
Mr. Guofu Li , 52
VP of Operations
Mr. Qiang Wu ,
Head of The Beijing School
Mr. Chenggang Zhou , 52
Exec. Pres for Domestic Bus. and Exec. Director
Amounts are as of and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.