New Oriental Network intends to list three new board Tencent Holdings 12 2917%

28, Beijing New Oriental fast network Polytron Technologies Inc (i.e., New Oriental online, the stock referred to as the "New Oriental net") issued 27 public transfer instructions, the application listed on the new board, issued 60 million shares through the transfer market making.

Yu Minhong holding New Oriental network, Tencent Holdings 12.2917%

New Oriental network is the controlling shareholder of New Oriental Group, which holds 67.9729% stake in New Oriental network. Century friendship holds 100% stake in the New Oriental Group, Mr. Yu Minhong holds a century of friendship of the shares of the company, Mr. Yu Minhong’s mother, Ms. Li, holding a century of friendship of the shares of the group of 20%, ms.. Therefore, through the ownership structure, Mr. Yu Minhong indirectly holds the controlling rights of New Oriental network, and the actual controller for the new network.

in addition, Linzhi Tencent holds 12.2917% stake in New Oriental network, Linzhi Tencent’s shareholders for the Shenzhen Tencent industrial investment fund Co., ltd..

 

New Oriental equity structure

New Oriental Network in 2015 revenue 317 million, net profit of $15 million 430 thousand

notice disclosure, New Oriental Network 2014, 2015 and 2016 1-3 month revenue was $216 million, $317 million and $78 million 890 thousand, net profit of 10 million 620 thousand yuan, respectively, $3 million 670 thousand and $.

New Oriental Network’s main business revenue, including online education services revenue, brand licensing and software and hardware services revenue. In addition to the main business income, the company’s operating income also includes marketing services revenue, fees and other operating income.

, online education services revenue in 2016 1-3 months, 2015 year, the proportion of total revenue accounted for the same period in fiscal year 2014 was $99.49%, respectively, 95.08% and 98.85%. Accounted for a high proportion of operating income, the company’s main source of income.

it is worth noting that the company in 2015 compared to 2014 revenue growth of 47.09%, including 41.47% growth in online education service revenue growth of 387.24%, brand licensing and hardware service revenue, is the development of the two business faster.

New Oriental

network B2C and B2B business model based on the preschool, primary and middle school students, college students and occupation groups to provide online education services, the exam oriented training involves schools, Tofu, GRE, GMAT, SAT, IELTS, ACT, CET 46, a number of areas for four, specifically eight, Kaobo PubMed,, occupation examination.

specific products include multimedia learning library, New Oriental Education cloud, English level 46 network test platform, platform, foreign language teaching, oral English writing platform intelligent correcting, micro classroom, speaking foreign teachers one on one, single training base.

28, Beijing New Oriental fast network Polytron Technologies Inc (i.e., New Oriental online, the stock referred to as the "New Oriental net") issued 27 public transfer instructions, the application listed on the new board, issued 60 million shares through the transfer market making.

Yu Minhong holding New Oriental network, Tencent Holdings 12.2917%

New Oriental network is the controlling shareholder of New Oriental Group, which holds 67.9729% stake in New Oriental network. Century friendship holds 100% stake in the New Oriental Group, Mr. Yu Minhong holds a century of friendship of the shares of the company, Mr. Yu Minhong’s mother, Ms. Li, holding a century of friendship of the shares of the group of 20%, ms.. Therefore, through the ownership structure, Mr. Yu Minhong indirectly holds the controlling rights of New Oriental network, and the actual controller for the new network.

in addition, Linzhi Tencent holds 12.2917% stake in New Oriental network, Linzhi Tencent’s shareholders for the Shenzhen Tencent industrial investment fund Co., ltd..

 

New Oriental equity structure

New Oriental Network in 2015 revenue 317 million, net profit of $15 million 430 thousand

notice disclosure, New Oriental Network 2014, 2015 and 2016 1-3 month revenue was $216 million, $317 million and $78 million 890 thousand, net profit of 10 million 620 thousand yuan, respectively, $3 million 670 thousand and $.

New Oriental Network’s main business revenue, including online education services revenue, brand licensing and software and hardware services revenue. In addition to the main business income, the company’s operating income also includes marketing services revenue, fees and other operating income.

, online education services revenue in 2016 1-3 months, 2015 year, the proportion of total revenue accounted for the same period in fiscal year 2014 was $99.49%, respectively, 95.08% and 98.85%. Accounted for a high proportion of operating income, the company’s main source of income.

it is worth noting that the company in 2015 compared to 2014 revenue growth of 47.09%, including 41.47% growth in online education service revenue growth of 387.24%, brand licensing and hardware service revenue, is the development of the two business faster.

New Oriental

network B2C and B2B business model based on the preschool, primary and middle school students, college students and occupation groups to provide online education services, the exam oriented training involves schools, Tofu, GRE, GMAT, SAT, IELTS, ACT, CET 46, a number of areas for four, specifically eight, Kaobo PubMed,, occupation examination.

specific products include multimedia learning library, New Oriental Education cloud, English level 46 network test platform, platform, foreign language teaching, oral English writing platform intelligent correcting, micro classroom, speaking foreign teachers one on one, single training base.

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