New Oriental Education & Technology Group Inc. Announces Results of Annual General Meeting

Rhea-AI Summary

New Oriental Education & Technology Group Inc. (EDU) announced the adoption of a proposed resolution at its annual general meeting of shareholders in Beijing. The resolution involves amending and restating the company's Memorandum of Association and Articles of Association.

BEIJING, Nov. 28, 2023 /PRNewswire/ -- New Oriental Education & Technology Group Inc. ("New Oriental" or the "Company") (NYSE: EDU and SEHK: 9901), a provider of private educational services in China, today announced that the following proposed resolution submitted for shareholder approval has been adopted at its annual general meeting of shareholders held in Beijing today:

1. as a special resolution, THAT, the Company's Second Amended and Restated Memorandum of Association and Articles of Association be amended and restated by their deletion in their entirety and by the substitution in their place of the Third Amended and Restated Memorandum of Association and Articles of Association.

About New Oriental

New Oriental is a provider of private educational services in China offering a wide range of educational programs, services and products to a varied student population throughout China. New Oriental's program, service and product offerings mainly consist of educational services and test preparation courses, private label products and livestreaming e-commerce and other services, and overseas study consulting services. New Oriental is listed on NYSE (NYSE: EDU) and SEHK (9901.SEHK), respectively. New Oriental's ADSs, each of which represents ten common shares, are listed and traded on the NYSE. The Hong Kong-listed shares are fully fungible with the ADSs listed on NYSE.

For more information about New Oriental, please visit http://www.neworiental.org/english/. 

Contacts
For investor and media inquiries, please contact:

Ms. Sisi Zhao
New Oriental Education & Technology Group Inc.
Tel: +86-10-6260-5568
Email: zhaosisi@xdf.cn 

Ms. Rita Fong
FTI Consulting
Tel: +852 3768 4548
Email: rita.fong@fticonsulting.com 

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SOURCE New Oriental Education and Technology Group Inc.

FAQ

What did New Oriental Education & Technology Group Inc. (EDU) announce?

New Oriental Education & Technology Group Inc. (EDU) announced the adoption of a proposed resolution at its annual general meeting of shareholders in Beijing.

What is the nature of the proposed resolution adopted by New Oriental Education & Technology Group Inc. (EDU)?

The resolution involves amending and restating the company's Memorandum of Association and Articles of Association.

When was the annual general meeting of shareholders held by New Oriental Education & Technology Group Inc. (EDU)?

The annual general meeting of shareholders was held in Beijing on November 28, 2023.