Good news from the Ministry of Education

New Oriental tal cancelled originally scheduled for this week

New Oriental and tal, a general stock in education, successively announced that they would cancel the new quarterly performance report originally scheduled to be released this week.

New Oriental said that in view of the recent regulatory developments, it would cancel the board meeting originally scheduled to be held on August 2, 2021 (Beijing time) and the performance release in the fourth quarter of fiscal year 2021, as well as the corresponding performance release teleconference and webcast originally scheduled to be held at 8:00 a.m. Eastern time (8:00 p.m. Beijing time) on August 3, 2021 (Tuesday). New Oriental will provide further updates at an appropriate time in the future.

Tal said that in view of the recent regulatory developments, it would cancel the revenue release in the first quarter of fiscal year 2022, as well as the corresponding revenue teleconference and webcast originally scheduled to be held at 8 a.m. Eastern time. Tal will provide further updates in due course in the future.