Securities Daily News: According to the Tianyancha App, recently, New Oriental Wokaide (Weifang) Cultural Tourism Co., Ltd., New Oriental Wokaide (Qingdao) Cultural Tourism Co., Ltd., and New Oriental Wokaide (Liaoning) Cultural Travel Agency Co., Ltd. have been successively established, with a registered capital of 3 million yuan. Their business scope includes tourism business, private entry and exit intermediary services, marketing planning, internet sales, and passenger ticketing agency. According to shareholder information, all three companies are wholly-owned by Beijing New Oriental Wokaide International Education Travel Co., Ltd., a subsidiary of New Oriental Culture and Tourism.