NYSE, EDU - New Oriental Education & Technology Group ADR
Our first school was established by Michael Minhong Yu, our Chairman and Chief
Executive Officer, in Beijing, China in 1993 to offer TOEFL test preparation
courses to college students. We established New Oriental China in 2001 to own
all of our schools and learning centers. Since our inception, we have grown
rapidly and transformed ourselves from primarily a language training and test
preparation company to 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.
In order to facilitate foreign investment in our company, we established our
offshore holding company, New Oriental Education & Technology Group Inc. as a
company registered in the British Virgin Islands in August 2004. ...
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