New Oriental SEC Filings

New Oriental Education & Technology Group Inc. director Lee Denny Ting Bun has filed an initial ownership report. The filing shows direct holdings of 76,258 ADS and restricted share units relating to 13,500 ADS. These RSUs were granted on January 26, 2025 and vest in three equal tranches of 4,500 ADS on July 15, 2026, July 15, 2027 and July 15, 2028, subject to continued service. Each ADS represents ten underlying common shares, and each restricted share unit represents a contingent right to receive 1/10 of an ADS.

New Oriental Education & Technology Group Inc. director Zhuge Yue reported initial beneficial ownership of restricted share units tied to the company’s American Depositary Shares (ADSs). The position covers restricted share units linked to 9,000 underlying ADSs, held as a direct interest.

The award was granted on January 26, 2025 and vests in three equal installments: 3,000 ADSs on July 15, 2026, 3,000 ADSs on July 15, 2027, and 3,000 ADSs on July 15, 2028, subject to continued service through each vesting date. Each ADS represents ten underlying common shares, and each restricted share unit represents a contingent right to receive one-tenth of an ADS, with no expiration date.

New Oriental Education & Technology Group Inc. filed an initial ownership report for founder Michael Minhong Yu. The filing shows he directly holds American Depositary Shares (ADS) and restricted share units, and also has a beneficial interest in large indirect holdings through Tigerstep Developments Limited under a family trust arrangement.

The report lists restricted share units tied to 450,000 underlying ADS, granted on January 26, 2025, vesting in three equal tranches of 150,000 ADS on July 15, 2026, July 15, 2027 and July 15, 2028, subject to continued service. Yu also directly holds 124,901 ADS, and indirectly, Tigerstep holds 3,315,054 ADS and 165,235,000 common shares. Each ADS represents ten common shares, and each restricted share unit represents a contingent right to receive 1/10 of an ADS.

First Beijing Investment Limited reported a significant holding in New Oriental Education & Technology Group Inc. It beneficially owns 194,991,350 common shares, equal to 12.34% of New Oriental’s outstanding common shares based on 1,580,288,613 shares outstanding as of May 31, 2025.

The position includes both ordinary common shares and American Depositary Shares, with each ADS representing ten underlying common shares. First Beijing reports sole voting power over part of the stake and sole dispositive power over the full amount, and certifies that the investment is not intended to change or influence control of New Oriental.

New Oriental Education & Technology Group Inc. has a planned sale under Rule 144 for 79,999 ADS, each representing 10 common shares. The shares are to be sold through The Core Securities Co., Ltd. on the NYSE, with an approximate sale date of 02/06/2026 and an aggregate market value of $5,020,737.24.

The ADS were acquired via employee equity compensation, specifically RSU vesting following employee stock option exercises on 06/30/2025 for 40,071 ADS and on 06/30/2024 for 39,928 ADS.

New Oriental Education & Technology Group Inc. has a shareholder planning to sell 1,187 ADS, each representing 10 common shares, under Rule 144 on the NYSE. The planned sale has an aggregate market value of $69,973.65, with an approximate sale date of 01/29/2026.

These ADS were acquired on 06/30/2025 through an employee stock option exercise recorded as an RSU vest. The filing states that the person signing does not know of any undisclosed material adverse information about the company’s current or prospective operations.

New Oriental Education & Technology Group reported strong results for the second fiscal quarter ended November 30, 2025. Net revenues reached US$1,191.4 million, up 14.7% year over year, mainly driven by new educational business initiatives.

Operating income rose to US$66.3 million, a 244.4% increase, with non-GAAP operating income at US$89.1 million, up 206.9%. Operating margin improved to 5.6% from 1.9%, while non-GAAP operating margin expanded to 7.5% from 2.8%. Net income attributable to New Oriental was US$45.5 million, up 42.3%, and non-GAAP net income was US$72.9 million, up 68.6%.

For the first half of fiscal 2026, net revenues were US$2,714.4 million, up 9.7%, with operating income of US$377.1 million and net income of US$286.2 million. The company held large liquidity balances and deferred revenue of US$2,161.5 million, up 10.2%. Subsidiary East Buy generated revenue of RMB2.3 billion and net profit of RMB239.0 million.

New Oriental raised its fiscal 2026 net revenue guidance to US$5,292.3–5,488.3 million, implying 8–12% growth, and guided third-quarter revenues of US$1,313.2–1,348.7 million, up 11–14%. It is returning capital via an ordinary dividend of US$0.12 per common share, or US$1.20 per ADS, and a share repurchase program of up to US$300 million, under which 1.6 million ADSs have been repurchased for US$86.3 million.

New Oriental Education & Technology Group Inc. submitted a Form 6-K as a foreign private issuer for January 2026. The filing mainly provides an exhibit announcing the date of an upcoming board meeting and confirms that the company reports under Form 20-F. It is an administrative update without financial results or transaction details.

First Beijing Investment Limited filed a Schedule 13G/A (Amendment No. 3) reporting beneficial ownership of 182,678,710 New Oriental Education & Technology Group common shares, representing 11.56% of the class. The stake consists of 89,213,700 common shares and 9,346,501 ADSs (each ADS equals ten common shares). The filer reports sole voting power over 88,649,120 shares and sole dispositive power over 182,678,710 shares. Ownership percentage is based on 1,580,288,613 common shares outstanding as of May 31, 2025. The certification states the securities were not acquired to change or influence control. The date of the event is September 30, 2025.