Yu Minhong has said that online education companies to take full advantage of the new capital market, the three new board is a very good choice. In fact, Yu Minhong’s sensitivity to the capital market is not low, in addition to the New Oriental Education in 2006 listed on the New York Stock Exchange, he has been very respected on the new board.
New Oriental network strong return to Yu Minhong’s new three board team adds a
will benefit from the new board of good policy, the new board of education sector, accelerate the rapid pace of development, enterprise education hanging plate of high frequency, strong profitability, also attract capital from overseas to return at the new board this big cake. Yu Minhong with a new network from the New Oriental Group alone to split listed on the new board, much industry attention, according to media reports, Beijing New Oriental fast network Polytron Technologies Inc (i.e. New Oriental Network) after the listing, the valuation of up to 3 billion 200 million.
network is the New Oriental online education company New Oriental Group, R & D, marketing, sales, operations, customer service as a whole, mainly engaged in B2C and B2B business model for preschool, primary and middle school students, college students and occupation groups professional online education service based on.
equity structure, the New Oriental Group holds 67.9729% stake in the company, the controlling shareholder of the company. Tencent’s Linzhi Tencent investment in New Oriental online 320 million yuan, holding New Oriental online shares of 12.2917%. New Oriental equity structure is as follows:
Yu Minhong has said that online education companies to take full advantage of the new capital market, the three new board is a very good choice. In fact, Yu Minhong’s sensitivity to the capital market is not low, in addition to the New Oriental Education in 2006 listed on the New York Stock Exchange, he has been very respected on the new board. According to the think tank Jun incomplete statistics, Yu Minhong in the new three board invested seven companies, including New Oriental Network for direct investment in the group, the New Oriental Group in the layout of the new three board are around the online education industry chain.
in the promotion of Internet plus era, the future development of online education will be more and more attention, and Yu Minhong is how to embrace the Internet, make full use of technology progress has brought new opportunities for New Oriental Network
online education is different from the traditional Internet content is the key to the scarcity of
with the rapid development of China’s economy, the demand for talent increasingly strong, continue to expand the scale of investment in education, online education market has maintained rapid and steady growth, according to market statistics, 2015 online education market size of more than 100 billion level, a huge market space. Some analysts said that the current period of rapid development of online education, is expected in 2018 after the online education industry will be the industry giant.