Zhitong Financial APP learned that after the interim results were released,$New Oriental Education & Technology Group online (01797.HK) $It rose strongly, with the share price rising nearly 12% at one point. During the period, the company achieved an income of 574 million yuan, and the number of paying students continued to stabilize to 2.1 million. At the same time, the management said that it will continue to increase the company's market share and actively implement the transformation. As of press time, New Oriental Education & Technology Group online rose 11.47% to HK $5.15, with a turnover of HK $69 million.

On the evening of January 21, New Oriental Education & Technology Group online (01797) released interim results. In the six months to November 30, 2021, the company achieved an operating income of 574 million yuan, and the number of paid students remained stable at 2.1 million.

Looking to the future, New Oriental Education & Technology Group said online that on the one hand, it will continue to expand the existing business departments of universities and institutions as well as online educational products and services. On the other hand, it is actively exploring new initiatives to expand its customer base and products and implement transformations to meet the needs of the changing regulatory and educational environment. New initiatives the company has been exploring include live streaming of agricultural products and other products and the development of new educational smart hardware innovations.

New Oriental Education & Technology Group online stressed that the company is still confident that we have the ability to actively cooperate with and respond to changes in China's regulatory environment in the future, and continue to increase and consolidate our market share in the industry.