EX-8.1 2 v340006_ex8-1.htm EXHIBIT 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, 2012 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   65%   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 
Beijing Hongcheng X ueyuan 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 
Zhejiang Hongcheng Education Technology Co., Ltd. (“Zhejiang Hongcheng”)  June 30, 2011   51%   PRC 

 

 
 

 

Name  

Date of

Incorporation or

acquisition

  

Percentage of

legal

ownership

  

Place of

incorporation

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
Hongyuanboxue Technology Co., Ltd ("Hongyuanboxue") (4)   August 24, 2010     N/A   PRC
Beijing Xicheng District Hongcheng Training School (“Xicheng Training School”) (1)   January 6, 2011       N/A     PRC  

  

(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)
(4) 55% of its equity owned by Hongcheng Education (variable interest entity of the Company) and 45% of its equity held by Hongcheng Technology (wholly owned subsidiaries of the Company).