BEIJING, Jan. 18, 2021 /PRNewswire/ -- New Oriental
Education & Technology Group Inc. (the "Company" or "New
Oriental") (NYSE: EDU and 9901.SEHK), the largest provider of
private educational services in China, today announced that the board of
directors has appointed Mr. Zhihui
Yang as the Executive President of the Company, effective on
January 15, 2021. Mr. Yang will
continue to serve as the Chief Financial Officer of the
Company.
Mr. Zhihui Yang has served as the
Company's Chief Financial Officer since April 2015. Prior to this, Mr. Yang held multiple
positions after he joined our company in April 2006, including vice president of finance,
deputy director of president office and senior financial manager.
Prior to joining New Oriental, Mr. Yang served as the financial
director of Beijing Hua De Xin Investment Co., Ltd. from
July 2002 to March 2006. From August
1997 and May 2002, Mr. Yang
worked for PricewaterhouseCoopers as a senior auditor. Mr. Yang
received his bachelor's degree in economics from Guanghua School of Management of Peking
University.
Mr. Michael Yu, New Oriental's
Executive Chairman, said, "We are very pleased to announce Mr.
Yang's promotion to Executive President. Mr. Yang has been with the
Company for 14 years and a key part of our success with his wealth
of experience, knowledge and passion in China's fast-growing education services
industry, along with his prior experience in accounting, financial
management and corporate financial advisory. As we are delighted to
have Mr. Yang taking this important leadership role at New
Oriental, we look forward to the contributions he will make to the
future growth of the Company and wish him well in his new
role."
About New Oriental
New Oriental is 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. New Oriental's program, service and
product offerings consist of K-12 after-school tutoring, test
preparation, language training for adults, pre-school education,
primary and secondary school education, education materials and
distribution, online education, and other services. New Oriental is
listed on NYSE (NYSE: EDU) and SEHK (9901.SEHK) respectively. New
Oriental's ADSs, each of which represents one common share. 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 & Technology Group Inc.
Tel: +86-10-6260-5568
Email: zhaosisi@xdf.cn
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SOURCE New Oriental Education and Technology Group Inc.