In 1993, New Oriental Education & Tech Grp (“New Oriental”) was founded in Beijing by Yu Minhong. Because of the three founders’ teaching and oversea background, they spotted the first surge of studying abroad in the early 20th century and observed huge demand and supply gap in English preparation test market and caught this great opportunity.

Thus, in the very first beginning, the company focused on offering preparation courses on TOEFL, GRE and GMAT to Chinese students who wanted to study abroad. In the past 25 years New Oriental experienced high-speed growth, bottle neck, strategy adaption and 2nd round high growth and established the strong brand of “New Oriental”.

New Oriental Education & Tech Grp is the largest provider of private educational services in China based on the number of program offerings, total student enrollments and geographic presence. The company offers a