- New Oriental
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New Oriental Education & Technology Group Inc. Location No.6 Haidian Zhongjie, Haidian District (100080) Information Type Private Motto Look for hope in the hopeless situations, after all life can have splendour (从绝境中寻找希望,人生终将辉煌) Established 1993 Principal Yu Minhong (俞敏洪) Website [1] New Oriental Education & Technology Group Inc. (Simplified Chinese 新东方教育科技集团, NYSE: EDU), more commonly New Oriental (Simplified Chinese 新东方) is a provider of private educational services in China.
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History
Beijing New Oriental School was established on November 16, 1993 by an English teacher YU Minhong at Peking University. In the earlier years, it only offered training on GRE and TOEFL since a vast majority of the students were looking into graduate schools. Recently, due to the trend of high schoolers graduating directly into undergraduate schools, New Oriental began SAT training as well. It has now 40 schools all over the nation, and has expended its service to National English Exam, Teenage English and other type of English training. It also provides consulting service for studying abroad.
September 7, 2006, New Oriental listed on New York Stock Exchange.
Features
Before teachers are employed, they have to go through interviews and mock-lectures where they are tested before other teachers. Instructors will take on arduous training once they are employed. "Grading sheets" are also passed out to students at the end of each course so that the teachers may be evaluated.
The tuition is usually very expensive.[citation needed]
Legal Conflicts with ETS
2001, Educational Testing Service sent a public letter to US universities, reminding them to pay special attention to Chinese students' GRE scores. In this letter, ETS hinted that New Oriental used their past exam questions in teaching without authorizations.
In January, 2001, New Oriental was sued by the ETS for illegally copying, publishing, and selling its testing questions for examinations for non-English-speaking students since 1997.
On September 27, 2003, the First Intermediate People's Court of Beijing made a ruling during the first trial, ordering the Chinese school to pay over 10 million yuan (about 1.2 million US dollars) to the ETS in compensation for the infringement.
The Higher People's Court of Beijing has maintained that the Beijing-based New Oriental School (NOS) should pay compensation to the ETS, of the United States, for the infringement of copy and trademark rights.
However, the higher court has reduced the sum of compensation by over 6 million yuan (about 722,000 US dollars) to 3,740,186.2 yuan (about 450,624 US dollars) plus 22,000 yuan (about 2,650 US dollars) for court charges.
Teaches Not Only English
In recent years, New Oriental has expanded into the field of teaching Chinese as well. It is only natural that China's largest private English education provider also teaches China's native language: Chinese. Launched in 2007, New Oriental's online Chinese language site, TargetChinese.com, was later closed down to be reorganized and redesigned. On July 14th, 2009, the website was re-launched to the general public.
External links
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