SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

Schedule 13G

(Rule 13d-102)

 

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES

13d-1 (b), (c) AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO 13d-2 (b)

(Amendment No.     )*

 

 

New Oriental Education & Technology Group Inc.

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(Name of Issuer)

Common Shares

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(Title of Class of Securities)

 

 

G6470A 10 8                                 (CUSIP Number)

Initial Public Offering - September 7, 2006

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(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

¨ Rule 13d-1(b)

¨ Rule 13d-1(c)

x Rule 13d-1(d)

 

*

The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

(Continued on following pages)

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1		NAME OF REPORTING PERSON             Peak Idea International Limited
		I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)             N/A
2		CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
		(a)  ¨
		(b)  ¨
3		SEC USE ONLY
4		CITIZENSHIP OR PLACE OF ORGANIZATION
		British Virgin Islands

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH		5    SOLE VOTING POWER
		Peak Idea International Limited, as the direct record holder of 7,378,696 common shares, may be deemed to have sole voting power with respect to these shares.
		6    SHARED VOTING POWER
		See item 5.
		7    SOLE DISPOSITIVE POWER
		Peak Idea International Limited, as the direct record holder of 7,378,696 common shares, may be deemed to have sole dispositive power with respect to these shares.
		8    SHARED DISPOSITIVE POWER
		See item 7.

9		AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
		7,378,696 common shares
10		CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*		¨
11		PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
		5.1%
12		TYPE OF REPORTING PERSON*
		CO

 

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1		NAME OF REPORTING PERSON             Xiaoping Xu
		I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)             N/A
2		CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
		(a)  ¨
		(b)  ¨
3		SEC USE ONLY
4		CITIZENSHIP OR PLACE OF ORGANIZATION
		People’s Republic of China

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH		5    SOLE VOTING POWER
		7,378,696 common shares. Peak Idea International Limited, a company solely owned and controlled by Mr. Xu, may also be deemed to have sole voting power with respect to the above shares.
		6    SHARED VOTING POWER
		See item 5.
		7    SOLE DISPOSITIVE POWER
		7,378,696 common shares. Peak Idea International Limited, a company solely owned and controlled by Mr. Xu, may also be deemed to have sole dispositive power with respect to the above shares.
		8    SHARED DISPOSITIVE POWER
		See item 7.

9		AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
		7,378,696 common shares
10		CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*		¨
11		PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
		5.1%
12		TYPE OF REPORTING PERSON*
		IN

 

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ITEM 1

(a).

NAME OF ISSUER:

New Oriental Education & Technology Group Inc.

ITEM 1

(b).

ADDRESS OF ISSUER’S PRINCIPAL EXECUTIVE OFFICES:

No. 6 Hai Dian Zhong Street, Haidian District, Beijing 100080, People’s Republic of China

ITEM 2

(a).

NAME OF PERSON FILING:

Peak Idea International Limited

Xiaoping Xu

ITEM 2

(b).

ADDRESS OF PRINCIPAL BUSINESS OFFICE, OR, IF NONE, RESIDENCE:

Peak Idea International Limited c/o Xiaoping Xu No. 6 Hai Dian Zhong Street, Haidian District, Beijing 100080, People’s Republic of China

Xiaoping Xu No. 6 Hai Dian Zhong Street, Haidian District, Beijing 100080, People’s Republic of China

ITEM 2

(c)

CITIZENSHIP:

Peak Idea International Limited – British Virgin Islands

Xiaoping Xu – PRC

ITEM 2

(d).

TITLE OF CLASS OF SECURITIES:

Common Shares

ITEM 2

(e).

CUSIP NUMBER:

G6470A 10 8

ITEM 3.

Not Applicable

ITEM 4.

OWNERSHIP:

The following information with respect to the ownership of the Common Shares of the issuer by the Reporting Person is provided as of December 31, 2006:

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Reporting Person		Amount beneficially owned:		Percent of class:		Sole power to vote or direct the vote:		Shared power to vote or to direct the vote:		Sole power to dispose or to direct the disposition of:		Shared power to dispose or to direct the disposition of:
Peak Idea International Limited		7,378,696		5.1%		7,378,696		0		7,378,696		0
Xiaoping Xu		7,378,696		5.1%		7,378,696		0		7,378,696		0

 

		Peak Idea International Limited, a British Virgin Islands company, is the record owner of 7,378,696 common shares of New Oriental Education & Technology Group Inc. Xiaoping Xu is the sole owner and director of Peak Idea International Limited. Pursuant to Section 13(d) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and the rules promulgated thereunder, Xiaoping Xu may be deemed to beneficially own all of the shares held by Peak Idea International Limited.
ITEM 5.		OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS:
		Not applicable
ITEM 6.		OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON:
		Not applicable
ITEM 7.		IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY:
		Not applicable
ITEM 8.		IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP:
		Not applicable
ITEM 9.		NOTICE OF DISSOLUTION OF GROUP:
		Not applicable
ITEM 10.		CERTIFICATION:
		Not applicable

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SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Dated: February 14, 2007

 

Peak Idea International Limited		By:		/s/ Xiaoping Xu
		Name:		Xiaoping Xu
		Title:		Director
Xiaoping Xu				/s/ Xiaoping Xu
				Xiaoping Xu

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LIST OF EXHIBITS

 

Exhibit No.		Description
A		Joint Filing Agreement

EXHIBIT A: Joint Filing Agreement

In accordance with Rule 13d-1(k) promulgated under the Securities Exchange Act of 1934, as amended, the undersigned hereby agree to the joint filing with all other Reporting Persons (as such term is defined in the Schedule 13G referred to below) on behalf of each of them of a statement on Schedule 13G (including amendments thereto) with respect to the Common Shares, par value $0.01 per share, of New Oriental Education & Technology Group Inc., a Cayman Islands company, and that this Agreement may be included as an Exhibit to such joint filing. This Agreement may be executed in any number of counterparts, all of which taken together shall constitute one and the same instrument.

[Remainder of this page has been left intentionally blank.]

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Signature Page

IN WITNESS WHEREOF, the undersigned hereby execute this Agreement as of February 14, 2007.

 

Peak Idea International Limited		By:		/s/ Xiaoping Xu
		Name:		Xiaoping Xu
		Title:		Director
Xiaoping Xu				/s/ Xiaoping Xu
				Xiaoping Xu