China Oriental Education Holdings Limited (the “Company”) and its subsidiaries (collectively the “Group”) are the leading providers of vocational skills education in China. Our business focuses on providing students with innovative vocational skills education to enhance their employability in a changing job market and support the changing labor requirements brought about by China's continued economic growth, urbanization, and industrial upgrading. Our vocational skills education mainly covers four industry sectors, namely cooking technology, information technology and Internet technology, car maintenance, and fashion and beauty. We serve these four industry sectors under seven well-known school brands (namely New Oriental Culinary Education, Omichi Western Food Education, Delicious Academy, Xinhua Computer Education, Huaxin Zhiyuan DT Talent Training Base, Wantong Auto Education, and Ormandy Fashion and Beauty Education). As of December 31, 2022, we operated 244 schools and centers, and the average number of trainees and customer registrations for the year ended December 31, 2022 was 142,765. Our comprehensive nationwide school network covers most provinces in mainland China and Hong Kong.
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