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New Oriental Education & Technology Group Inc. Responds to Media Reports

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BEIJING, July 23, 2021 /PRNewswire/ -- New Oriental Education & Technology Group Inc. ("New Oriental" or the "Company") (NYSE: EDU and SEHK: 9901), the largest provider of private educational services in China, today noted that certain English and Chinese language media outlets reported that the PRC regulators are considering a new set of regulations concerning after-school tutoring service related to school subjects taught in China's compulsory education system.  The regulations have not been published, and the Company has not received official notification of the regulations.  It's the Company's policy not to comment on market speculations.     

About New Oriental

New Oriental is the largest 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 consist of K-12 after-school tutoring, test preparation, language training for adults, pre-school education, primary and secondary school education, education materials and distribution, online education, and other services. New Oriental is listed on NYSE (NYSE: EDU) and SEHK (9901.SEHK), respectively. New Oriental's ADSs, each of which represents one common share. 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 / Ms. Charlotte Cheung
FTI Consulting
Tel: +852 3768 4548 / +852 3768 4732
Email: rita.fong@fticonsulting.com  / charlotte.cheung@fticonsulting.com    

Cision View original content:https://www.prnewswire.com/news-releases/new-oriental-education--technology-group-inc-responds-to-media-reports-301340157.html

SOURCE New Oriental Education and Technology Group Inc.

Stock EDU logo
New Oriental Education and Technology Group, Inc. American Depositary Shares (each representing ten (10) Common Shares)

NYSE:EDU

EDU Rankings

#648 Ranked by Market Cap
#51 Ranked by Stock Gains
N/A Ranked by Dividends

EDU Latest News

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New Oriental to Report Second Quarter 2024 Financial Results on January 24, 2024
Nov 28, 2023
New Oriental Education & Technology Group Inc. Announces Results of Annual General Meeting

EDU Stock Data

14.03B
1.44B
2.04%
41.95%
2.59%
Elementary and Secondary Schools
Educational Services
Link
United States of America
Beijing

About EDU

as the largest provider of private educational services in china, new oriental offers education for a lifetime, teaching skills that give students a crucial competitive advantage in the workplace and help improve their quality of life. our wide range of educational programs, services and products includes english and other foreign language training, overseas and domestic test preparation courses, all-subjects after school tutoring, primary and secondary school education, educational content and software as well as online education. new oriental has become the most recognized brand in chinese private education. based on founder michael yu's groundbreaking vision, our innovative and inspirational instruction combines humorous, interactive teaching techniques with traditional chinese educational values. since our founding in 1993, new oriental has had over 23.4 million student enrollments, including approximately 2.9 million enrollments in fiscal year 2015. as of november 30, 2015, we had