SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
SCHEDULE 13G
(Rule 13d-102)
Information to be Included in Statements Filed Pursuant to § 240.13d-1 (b), (c)
and (d) and Amendments Thereto Filed Pursuant to § 240.13d-2.
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
New Oriental Education & Technology Group Inc.
| (Name of Issuer) |
Common Shares
| (Title of Class of Securities) |
G6470A 10 8
| (CUSIP Number) |
December 31, 2007
| (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).
| 1 | NAME OF REPORTING PERSON
Peak Idea International Limited |
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| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ¨ (b) ¨ |
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| 3 | SEC USE ONLY
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| 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 3,947,176 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 3,947,176 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
3,947,176 common shares |
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| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
|
¨ | ||
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
2.6% |
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| 12 | TYPE OF REPORTING PERSON
CO |
| 1 | NAME OF REPORTING PERSON
Xiaoping Xu |
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| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ¨ (b) ¨ |
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| 3 | SEC USE ONLY
|
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| 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
3,947,176 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
3,947,176 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
3,947,176 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
2.6% |
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| 12 | TYPE OF REPORTING PERSON
IN |
| 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 |
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| ITEM 2 | (a). |
NAME OF PERSON FILING: | ||||||||||
| Peak Idea International Limited
Xiaoping Xu |
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| 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 |
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| ITEM 2 | (c) |
CITIZENSHIP: | ||||||||||
| Peak Idea International Limited – British Virgin Islands
Xiaoping Xu – People’s Republic of China |
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| 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, 2007: | ||||||||||||
| 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 |
3,947,176 | 2.6 | % | 3,947,176 | 0 | 3,947,176 | 0 | ||||||
| Xiaoping Xu |
3,947,176 | 2.6 | % | 3,947,176 | 0 | 3,947,176 | 0 |
| As of December 31, 2007, Peak Idea International Limited, a British Virgin Islands company, was the record owner of 3,947,176 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: | |||||||||||
| þ | ||||||||||||
| 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 | ||||||||||||
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 2, 2008
| Peak Idea International Limited | By: | /s/ Xiaoping Xu | ||
| Name: | Xiaoping Xu | |||
| Title: | Director | |||
| Xiaoping Xu | /s/ Xiaoping Xu | |||
| Xiaoping Xu | ||||
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.]
Signature Page
IN WITNESS WHEREOF, the undersigned hereby execute this Agreement as of February 2, 2008.
| Peak Idea International Limited | By: | /s/ Xiaoping Xu | ||
| Name: | Xiaoping Xu | |||
| Title: | Director | |||
| Xiaoping Xu | /s/ Xiaoping Xu | |||
| Xiaoping Xu | ||||