The New Class.docVIP

The New Class 　　Investors in the New York Stock Ex- change-listed New Oriental， the largest private educational service provider in China， have good reason to share in the pride of Michael Minhong Yu， who founded the company in a shabby makeshift Beijing elementary school building in 1993 and recently celebrated its 20th anniversary at Beijing’s illustrious Great Hall of the People. Over the years， 17 million students， from kindergarteners to white-collars， have enrolled in their courses， the majority of them opting for foreign language training. Share prices have been rising fast since March