New Oriental Education & Technology Group Inc.

New Oriental Education & Technology Group Inc. provides a wide variety of educational programs, services, and products, alongside the sale of private label products and livestreaming e-commerce business through East Buy. The company delivers its educational offerings across China through a nationwide physical network and pure-play online learning platforms. As of May 31, 2026, its physical network included 75 schools and 1,459 learning centers in 69 cities, supported by approximately 44,200 teachers. Online courses are delivered via platforms such as Koolearn.com. New Oriental utilizes an Online-Merge-Offline (OMO) system, combining its offline network with online technologies. In most cities, courses are primarily delivered in offline classroom settings with interactive online learning components. For students in lower-tier cities, courses from well-known teachers in top-tier cities are broadcast via the OMO system, with local assistant lecturers providing onsite guidance. The company also distributes and sells books and educational materials developed or licensed by it through its distribution channels. As of May 31, 2026, these channels included eight company-operated bookstores and 350 third-party distributors, providing access to a nationwide network of online and offline bookstores. Almost all schools, learning centers, and bookstores operate under the "New Oriental" brand. Schools in major cities offer full student and administrative services, while those in satellite cities and learning centers primarily provide classroom facilities with limited course registration and management capabilities.