BEIJING, Dec. 6, 2012 /PRNewswire/ -- New Oriental Education and Technology Group Inc. (the "Company" or "New Oriental") (NYSE: EDU) is the largest provider of private educational services in China. In view of the continued market activity in the Company's ADS, New Oriental would like to clarify that even though the Company's independent auditor is Deloitte Touche Tohmatsu CPA Ltd., the Company is not the Deloitte Touche Tohmatsu client referred to by the U.S. Securities and Exchange Commission in its proceedings initiated against the five accounting firms in China.
About New Oriental
New Oriental is the largest provider of private educational services in China based on the number of program offerings, total student enrollments and geographic presence. New Oriental offers a wide range of educational programs, services and products consisting primarily of English and other foreign language training, test preparation courses for major admissions and assessment tests in the United States, the PRC and Commonwealth countries, primary and secondary school education, development and distribution of educational content, software and other technology, and online education. New Oriental's ADSs, each of which represents one common share, currently trade on the New York Stock Exchange under the symbol ''EDU.''
For more information about New Oriental, please visit http://english.neworiental.org.Contacts For investor and media inquiries, please contact: Ms. Sisi ZhaoNew Oriental Education and Technology Group Inc.Tel: +86-10-6260-5568Email: email@example.com Mr. Nick BeswickBeijing Brunswick Consultancy Ltd.Tel: +86-10-5960-8600Email: firstname.lastname@example.org SOURCE New Oriental Education and Technology Group Inc.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts