New Oriental Announces Filing of Annual Report on Form 20-F for Fiscal Year 2022

Rhea-AI Summary

New Oriental Education & Technology Group Inc. (NYSE: EDU) has filed its annual report on Form 20-F for the fiscal year ending May 31, 2022, with the SEC on September 29, 2022. The report includes audited consolidated financial statements and is accessible on their investor relations website. Additionally, the company has published its annual report for Hong Kong listing purposes, complying with HKEX regulations. Shareholders can request a hard copy of the report free of charge. The company continues to provide education services across China, expanding its offerings in various sectors.

Positive

• Filing of Form 20-F enhances transparency for investors.
• Availability of annual report shows commitment to compliance.
• Continued service offerings across various educational sectors supports growth potential.

Negative

• None.

BEIJING, Sept. 29, 2022 /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, 2022 with the Securities and Exchange Commission ("SEC") on September 29, 2022. 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, online education and other services, overseas study consulting services, and educational materials and distribution. New Oriental is listed on NYSE (NYSE: EDU) and SEHK (9901.SEHK), respectively. New Oriental's ADSs, each of which represents ten common shares. 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

What is New Oriental's stock symbol and where is it listed?

New Oriental's stock symbol is EDU, and it is listed on NYSE and SEHK.

When did New Oriental file its annual report for fiscal year 2022?

New Oriental filed its annual report on Form 20-F on September 29, 2022.

How can shareholders access New Oriental's annual report?

Shareholders can access New Oriental's annual report on the investor relations website or request a hard copy free of charge.

What financial statements are included in the Form 20-F filed by New Oriental?

The Form 20-F includes audited consolidated financial statements for the fiscal year ending May 31, 2022.

Does New Oriental report to the Hong Kong Stock Exchange?

Yes, New Oriental has published its annual report for Hong Kong purposes as per HKEX regulations.