New Oriental Announces Filing of Annual Report on Form 20-F for Fiscal Year 2024

Rhea-AI Summary

New Oriental Education & Technology Group Inc. (NYSE: EDU and SEHK: 9901), a leading provider of private educational services in China, has announced the filing of its annual report on Form 20-F for the fiscal year ended May 31, 2024. The report was filed with the Securities and Exchange Commission (SEC) on September 25, 2024.

The annual report is accessible on New Oriental's investor relations website and the SEC's website. The company will provide a hard copy of the report, including audited consolidated financial statements, free of charge to shareholders and ADS holders upon request.

Additionally, New Oriental has published its annual report for Hong Kong purposes in compliance with the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong (HKEX). This report is available on the company's investor relations website and the HKEX's website.

Positive

• Timely filing of annual report on Form 20-F
• Dual listing on NYSE and HKEX, potentially increasing investor access
• Transparency in providing free hard copies of the annual report to shareholders and ADS holders

Negative

• None.

BEIJING, Sept. 25, 2024 /PRNewswire/ -- New Oriental Education & Technology Group Inc. ("New Oriental" or the "Company") (NYSE: EDU and SEHK: 9901), a provider of private educational services in China, today announced that it filed its annual report on Form 20-F for the fiscal year ended May 31, 2024 with the Securities and Exchange Commission ("SEC") on September 25, 2024. The annual report can be accessed on New Oriental's investor relations website at http://investor.neworiental.org as well as the SEC's website at http://www.sec.gov. New Oriental will provide a hard copy of the annual report containing its audited consolidated financial statements, free of charge, to its shareholders and ADS holders upon request.

The Company has also today published its annual report for Hong Kong purposes pursuant to the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited ("HKEX"), which can be accessed on the Company's investor relations website at http://investor.neworiental.org as well as the HKEX's website at http://www.hkexnews.hk. 

About New Oriental

New Oriental is a provider of private educational services in China offering a wide range of educational programs, services and products to a varied student population throughout China. New Oriental's program, service and product offerings mainly consist of educational services and test preparation courses, private label products and livestreaming e-commerce, and overseas study consulting services. New Oriental is listed on NYSE (NYSE: EDU) and SEHK (9901.SEHK), respectively. New Oriental's ADSs, each of which represents ten common shares, are listed and traded on the NYSE. The Hong Kong-listed shares are fully fungible with the ADSs listed on NYSE.

For more information about New Oriental, please visit http://www.neworiental.org/english/. 

Contacts

For investor and media inquiries, please contact:

Ms. Rita Fong
FTI Consulting
Tel: +852 3768 4548
Email: rita.fong@fticonsulting.com 

Ms. Sisi Zhao 
New Oriental Education and Technology Group Inc. 
Tel: +86-10-6260-5568 
Email: zhaosisi@xdf.cn 

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SOURCE New Oriental Education and Technology Group Inc.

FAQ

When did New Oriental Education (EDU) file its annual report for fiscal year 2024?

New Oriental Education (EDU) filed its annual report on Form 20-F for the fiscal year ended May 31, 2024, with the SEC on September 25, 2024.

Where can investors access New Oriental Education's (EDU) 2024 annual report?

Investors can access New Oriental Education's (EDU) 2024 annual report on the company's investor relations website at http://investor.neworiental.org, the SEC's website at http://www.sec.gov, and for Hong Kong purposes, on the HKEX's website at http://www.hkexnews.hk.

Does New Oriental Education (EDU) provide hard copies of its annual report to shareholders?

Yes, New Oriental Education (EDU) will provide a hard copy of the annual report containing audited consolidated financial statements, free of charge, to its shareholders and ADS holders upon request.

On which stock exchanges is New Oriental Education (EDU) listed?

New Oriental Education (EDU) is listed on the New York Stock Exchange (NYSE) under the ticker EDU and on the Stock Exchange of Hong Kong (SEHK) under the code 9901.