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New Oriental, Hujiang Education, FLTRP to Form UK-based Publishing JV, 8/22/17

Education organizations Hujiang Education Technology, New Oriental (NYSE: EDU), and Foreign Language Teaching and Research Press (FLTRP) have formed a strategic partnership to establish a publishing joint venture in England.

Innova Press Limited, as the JV will be called, will primarily focus on overseas publishing and teacher training services, and provide English-speaking audiences with products about China and Chinese culture.

New Oriental Chairman and CEO Michael Yu said that New Oriental plans to create a system in the later stages of its partnership with FLTRP to improve the publishing process. Hujiang, which operates various online education platforms in China including HJEnglish, will provide technical support for big data and artificial intelligence.

Keywords: Hujiang Foreign Language Teaching and Research Press overseas Innova Press Internet New Oriental online education JV UK EDU Michael Yu


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