New Oriental Education & Technology Group Inc. (EDUN.MX)

1,403.00 0.00 (0.00%) At close: 10:43AM CST

New Oriental Education & Technology Group Inc.

No. 6 Hai Dian Zhong Street
Haidian District
Beijing 100080
China
86 10 6090 8000
https://www.neworiental.org

Sector(s): Consumer Defensive
Industry: Education & Training Services
Full-time employees: 50,438

Description

New Oriental Education & Technology Group Inc. provides private educational services under the New Oriental brand in the People's Republic of China. The company operates through four segments: Educational Services and Test Preparation Courses; Online Education and Other Services; Overseas Study Consulting Services; and Educational Materials and Distribution. It offers test preparation courses to students taking language and entrance exams used by educational institutions in the United States, the Commonwealth countries, and the People's Republic of China. The company also provides non-academic tutoring courses; intelligent learning systems and devices to offer a digital learning experience for students; and overseas studies consulting services. In addition, it offers online education services through the Koolearn.com platform that provides comprehensive online education courses, including college educational services, such as college test preparation, overseas test preparation, and English language learning for college students and working professionals preparing for standardized tests or seeking to enhance their English language proficiency; and educational content packages to schools and institutional customers, including universities, public libraries, telecom operators, and online video streaming providers. Further, the company develops and edits educational materials for language training and test preparation. In addition, it offers educational programs, services, and products to students through schools; learning centers; and bookstores, as well as through its online learning platforms. The company was founded in 1993 and is headquartered in Beijing, the People's Republic of China.

Corporate governance

New Oriental Education & Technology Group Inc.’s ISS governance QualityScore as of 1 June 2024 is 6. The pillar scores are Audit: 4; Board: 7; Shareholder rights: 1; Compensation: 8.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.