Company:  NEW ORIENTAL EDUCATION & ... (EDU)
Form Type:  20-F
Filing Date:  9/24/2021 
CIK:  0001372920 
Address:  NO. 6 HAI DIAN ZHONG STREET, 9TH FLOOR 
City, State, Zip:  BEIJING,  100080 
Telephone:  (86-10) 6260-5566 
Fiscal Year:  05/31 
Last Trade
Last Trade: 
$2.16  
Change: 
-0.07 (-3.14%)  
Trade Time: 
04:10 PM EST  
Market Cap: 
$3.70B
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© 2021  
Description of Business
Our first school was established by Mr. Michael Minhong Yu, our executive chairman, in Beijing, China in 1993 to offer TOEFL test preparation courses to college students. We established New Oriental China in 2001 as a domestic holding company to act as the sponsor of our schools and hold some operating subsidiaries. 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., in the British Virgin Islands in August 2004.
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  FORM 20-F
    PART I
      ITEM 1. IDENTITY OF DIRECTORS, SENIOR MANAGEMENT AND ADVISERS
      ITEM 2. OFFER STATISTICS AND EXPECTED TIMETABLE
      ITEM 3. KEY INFORMATION
      ITEM 4. INFORMATION ON THE COMPANY
      ITEM 4A. UNRESOLVED STAFF COMMENTS
      ITEM 5. OPERATING AND FINANCIAL REVIEW AND PROSPECTS
        BENEFICIAL OWNERS
        B. Liquidity and Capital Resources
      ITEM 6. DIRECTORS, SENIOR MANAGEMENT AND EMPLOYEES
        NAME AND TITLE
        BENEFICIAL OWNERS
      ITEM 7. MAJOR SHAREHOLDERS AND RELATED PARTY TRANSACTIONS
      ITEM 8. FINANCIAL INFORMATION
      ITEM 9. THE OFFER AND LISTING
      ITEM 10. ADDITIONAL INFORMATION
      ITEM 11. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT ...
      ITEM 12. DESCRIPTION OF SECURITIES OTHER THAN EQUITY SECURITIES
    PART II
      ITEM 13. DEFAULTS, DIVIDEND ARREARAGES AND DELINQUENCIES
      ITEM 14. MATERIAL MODIFICATIONS TO THE RIGHTS OF SECURITY ...
      ITEM 15. CONTROLS AND PROCEDURES
      ITEM 16A. AUDIT COMMITTEE FINANCIAL EXPERT
      ITEM 16B. CODE OF ETHICS
      ITEM 16C. PRINCIPAL ACCOUNTANT FEES AND SERVICES
      ITEM 16D. EXEMPTIONS FROM THE LISTING STANDARDS FOR AUDIT ...
      ITEM 16E. PURCHASES OF EQUITY SECURITIES BY THE ISSUER AND ...
      ITEM 16F. CHANGE IN REGISTRANT'S CERTIFYING ACCOUNTANTS
      ITEM 16G. CORPORATE GOVERNANCE
      ITEM 16H. MINE SAFETY DISCLOSURE
    PART III
      ITEM 17. FINANCIAL STATEMENTS
      ITEM 18. FINANCIAL STATEMENTS
      ITEM 19. EXHIBITS
    BENEFICIAL OWNERS
    SIGNATURES
    REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
    BALANCE SHEET
    BALANCE SHEET
    INCOME STATEMENT
    STOCKHOLDERS EQUITY
    STOCKHOLDERS EQUITY
    STOCKHOLDERS EQUITY
    CASH FLOW
    CASH FLOW
    NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
  EXHIBIT 2.2
  EXHIBIT 2.9
  EXHIBIT 4.11
  EXHIBIT 8.1
  EXHIBIT 12.1
  EXHIBIT 12.2
  EXHIBIT 13.1
  EXHIBIT 13.2
  EXHIBIT 15.1
  EXHIBIT 15.2