EX-8.1 2 a14-9880_1ex8d1.htm EX-8.1

Exhibit 8.1

 

Significant Subsidiaries

 

A summary of our subsidiaries and Chinese affiliated entity, or variable interest entity, and its subsidiaries as of December 31, 2013 is as follows:

 

Name

 

Date of
incorporation
or acquisition

 

Percentage
of legal
ownership

 

Place
of
incorporation

 

Subsidiaries of the Company

 

 

 

 

 

 

 

CMR Web-learning Co., Ltd. (“CMR Web”)

 

July 29, 1999

 

70

%

PRC

 

Hongcheng Technology Development Co., Ltd. (“Hongcheng Technology”)

 

July 31, 2000

 

100

%

PRC

 

Zhong Nongda Networks Development Co., Ltd. (“Zhongnongda Networks”)

 

October 30, 2001

 

55

%

PRC

 

Beijing Hongcheng Liye Technology Co., Ltd. (“Hongcheng Liye”)

 

April 15, 2003

 

100

%

PRC

 

Dalian Dongcai Technology Co., Ltd. (“Dongcai”)

 

June 4, 2003

 

70

%

PRC

 

Beijing WITT Education Consultant Management Co., Ltd. (“WITT Education”)

 

July 4, 2003

 

100

%

PRC

 

BJ-WITT EDU MAN. LTD. (“BJ-WITT”)

 

July 4, 2003

 

100

%

BVI

 

Chongqing Chongda Yuanxing Co., Ltd. (“Chongda”)

 

December 24, 2003

 

51

%

PRC

 

Beijing BCIT Science and Education Management Consulting Limited (“Beijing BCIT”)

 

January 13, 2005

 

100

%

PRC

 

Beijing Gotop Education Co., Ltd. (“Gotop Hongcheng”)

 

December 26, 2005

 

100

%

PRC

 

Beijing BCIT Science and Education Management Consulting Limited (“BJ-BCIT”)

 

February 10, 2006

 

100

%

BVI

 

Beijing Distance Education Technology Co., Ltd. (“Yuancheng Education”)

 

March 31, 2006

 

100

%

PRC

 

Tianjin Gaotuo Hongcheng Education Technology Co., Ltd. (“Tianjin Gaotuo Hongcheng”)

 

June 26, 2006

 

100

%

PRC

 

Beijing Beiyuda Education Technology Co., Ltd. (“Beiyuda”)

 

September 26, 2006

 

51

%

PRC

 

Beijing Mingdaoyuan Technology Co., Ltd. (“Beijing Mingdao”)

 

March 27, 2007

 

51

%

PRC

 

Shanghai Shangcai Education Technology Co., Ltd. (“Shanghai Shangcai”)

 

April 18, 2008

 

51

%

PRC

 

Dongcai Online Training Center (“Dongcai Online”)

 

July 10, 2008

 

70

%

PRC

 

Beijing Zhonglin Technology Co., Ltd. (“Zhonglin”)

 

November 3, 2008

 

51

%

PRC

 

Fuzhou Haojiaoshi Distance Education Service Co., Ltd. (“Fuzhou Good Teacher”)

 

December 7, 2009

 

51

%

PRC

 

Hongyuanboxue Technology Co., Ltd (“Hongyuanboxue”)

 

August 24, 2010

 

100

%

PRC

 

Beijing Hongcheng Xueyuan Technology Co., Ltd. (“Hongcheng Xueyuan”)

 

October 31, 2010

 

100

%

PRC

 

Nanning Hongcheng Xueyuan Technology Development Co., Ltd (“Nanning Hongcheng Xueyuan”)

 

October 31, 2010

 

51

%

PRC

 

Hangzhou Hongcheng Education Training Service Co., Ltd (“Hangzhou Hongcheng Xueyuan”)

 

October 31, 2010

 

60

%

PRC

 

Beijing Haidian District New Door Training School (“Haidian Training School”)

 

April 7, 2011

 

55

%

PRC

 

 


 

Name

 

Date of
incorporation
or acquisition

 

Percentage
of legal
ownership

 

Place
of
incorporation

 

Zhejiang Hongcheng Education Technology Co., Ltd (“Zhejiang Hongcheng”)

 

June 30, 2011

 

51

%

PRC

 

HongKong Hongcheng Online Education Technology Co.,Ltd (“Hongcheng Online”)

 

April 12, 2013

 

100

%

HongKong

 

Chongqing Fahong Technology Development Co., Ltd. (“Chongqing Fahong”)

 

Feburary 7, 2013

 

100

%

PRC

 

Variable Interest Entity of the Company

 

 

 

 

 

 

 

Beijing Hongcheng Education Technology Co., Ltd. (“Hongcheng Education”)

 

March 7, 2005

 

N/A

*

PRC

 

Subsidiaries of Variable Interest Entity

 

 

 

 

 

 

 

Beijing Gotop Electronic Science Co., Ltd. (“Gotop Electronic”) (1)

 

November 29, 1995

 

N/A

 

PRC

 

Xiandai Xingye Network Technology Co., Ltd. (“Xiandai Technology”) (1)

 

November 7, 2000

 

N/A

 

PRC

 

Pingdingshan Wellent Bilingual School (“Pingdingshan”) (1)

 

September 3, 2002

 

N/A

 

PRC

 

Anqing Foreign Language Middle School (“Anqing Foreign Language”) (1)

 

August 2, 2004

 

N/A

 

PRC

 

Jingzhou Tianchang Investment Co., Ltd. (“Tianchang”) (2)

 

September 6, 2005

 

N/A

 

PRC

 

Jingzhou Middle School South Campus (“South Campus”) (3)

 

December 28, 2005

 

N/A

 

PRC

 

Beijing Hongcheng YoYo Technology Co., Ltd. (“Hongcheng YoYo”) (1)

 

November 3, 2009

 

N/A

 

PRC

 

Anqing Daguan Hongcheng Anwai Training Centre (“Anqing Daguan”) (1)

 

April 15, 2010

 

N/A

 

PRC

 

Pingdingshan Hongcheng Education Training Centre (“Pingdingshan Training Centre”) (1)

 

August 11, 2010

 

N/A

 

PRC

 

Beijing Xicheng District Hongcheng Training School (“Xicheng Training School”)(1)

 

January 6, 2011

 

N/A

 

PRC

 

 

* PRC regulations currently limit foreign ownership of entities that provide Internet content and engage in primary and junior high school education. To comply with PRC laws and regulations, we provide such services in China through our variable-interest entity, Hongcheng Education, and its subsidiaries.

(1) Wholly-owned subsidiary of Hongcheng Education (variable-interest entity of the Company)

(2) 72.5% of its equity interest is owned by Hongcheng Education (variable-interest entity of the Company)

(3) 54% of its equity interest is owned by Hongcheng Education (variable-interest entity of the Company)