Now learning and thinking, global IELTS, Xueda Education and so on all spread the news of their own financing. Many teachers, like Yu, have completed the road of creating wealth for entrepreneurs, and their education groups have embarked on a new road because of the promotion of capital. "According to the plan, we will go public next year. Now there is a rights issue at the top, and our ordinary employees have not moved. But I really hope to go public as soon as possible, and I hope that we can become shareholders, so that the company will develop well, pay dividends every year, and maybe make a fortune. " Xiaodong (pseudonym) of Xueda Education Jinan Branch said with great expectation. In September 2006, New Oriental was listed on the New York Stock Exchange, and the development of New Oriental entered the fast lane. Wang Haibo, president of Jinan New Oriental School, told the reporter, "Like other branch schools, the development speed of Jinan New Oriental in recent years is amazing. The annual growth rate of training business is over 50%, with a maximum of over 90%. This development speed is inseparable from the brand and popularity improvement brought by the listing of the group. "
Wang Haibo believes that after listing, New Oriental has abundant funds, which has accelerated the campus layout, occupied the market comprehensively and quickly, put more funds into the market and increased brand awareness. At the same time, in order to meet the listing requirements, New Oriental has been strengthening various management norms for several years before listing. "Listing has promoted the introduction and implementation of norms, greatly improved management efficiency and standardized the operation of enterprises." Wang Haibo said. Among them, Tencent invested 50.8786 million US dollars in the first round. In the second round, Long Yun and ChinaCity Capital invested US$ 73.45 million and US$19.24 million respectively. In the third round, we invested $20,668,700 in the investment company Tigerstep. New Oriental is the largest shareholder of New Oriental Online, holding 66.7%, and Yu is also the actual controller of New Oriental Online.