Securities Times e-Company News: According to the Qichacha APP, New Oriental Wokaide (Ningbo) Cultural Tourism Co., Ltd. was recently established with a registered capital of 2 million yuan. Its business scope includes tourism business, after-school care services, self funded overseas study abroad intermediary services, and organizing sports performance activities. According to Qichacha's equity penetration, the company is wholly owned by Beijing New Oriental Wokaide International Education Travel Co., Ltd., which is a wholly-owned subsidiary of Beijing New Oriental Culture and Tourism Co., Ltd.