New Oriental to Hold Annual General Meeting on November 25, 2024

Rhea-AI Summary

New Oriental Education & Technology Group Inc. (NYSE: EDU and SEHK: 9901) has announced its annual general meeting of shareholders, scheduled for November 25, 2024 at 5:00 p.m. local time in Beijing, China. The meeting will serve as an open forum for shareholders to discuss company affairs with management, with no proposals submitted for shareholder approval.

The record date for determining shareholder eligibility is set for November 1, 2024. Holders of record of common shares and beneficial owners of ADSs are welcome to attend in person. The company has filed its annual report on Form 20-F for the fiscal year ended May 31, 2024, which is accessible on the company's website, SEC's website, and HKEX's website for Hong Kong purposes.

BEIJING, Oct. 17, 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 will hold its annual general meeting of shareholders at No. 6 Hai Dian Zhong Street, Haidian District, Beijing, People's Republic of China, on November 25, 2024 at 5:00 p.m. (local time).

No proposal will be submitted for shareholder approval at the annual general meeting. Instead, the annual general meeting will serve as an open forum for shareholders of record and beneficial owners of the Company's American depositary shares ("ADSs") to discuss Company affairs with management.

The board of directors of the Company has fixed the close of business on November 1, 2024 (Beijing time) as the record date (the "Record Date") for determining the shareholders entitled to receive notice of the annual general meeting or any adjournment or postponement thereof.

Holders of record of the Company's common shares at the close of business on the Record Date are entitled to attend the annual general meeting and any adjournment or postponement thereof in person. Beneficial owners of the Company's ADSs are welcome to attend the annual general meeting in person.

The Company has filed its annual report on Form 20-F, including its audited financial statements, for the fiscal year ended May 31, 2024, with the U.S. Securities and Exchange Commission. The Form 20-F can be accessed on the Company's website at http://investor.neworiental.org, as well as on the SEC's website at http://www.sec.gov.

The Company has also 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/.

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 and where is New Oriental Education & Technology Group (EDU) holding its 2024 annual general meeting?

New Oriental Education & Technology Group (EDU) is holding its 2024 annual general meeting on November 25, 2024, at 5:00 p.m. local time in Beijing, China.

What is the record date for New Oriental Education & Technology Group's (EDU) 2024 annual general meeting?

The record date for New Oriental Education & Technology Group's (EDU) 2024 annual general meeting is November 1, 2024 (Beijing time).

Will there be any proposals for shareholder approval at New Oriental Education & Technology Group's (EDU) 2024 annual general meeting?

No, there will be no proposals submitted for shareholder approval at New Oriental Education & Technology Group's (EDU) 2024 annual general meeting. It will serve as an open forum for shareholders to discuss company affairs with management.

Where can investors access New Oriental Education & Technology Group's (EDU) annual report for the fiscal year ended May 31, 2024?

Investors can access New Oriental Education & Technology Group's (EDU) annual report for the fiscal year ended May 31, 2024, on the company's website, the SEC's website, and the HKEX's website.