F-6 POS 1 v471582_f6pos.htm F-6 POS

 

As filed with the U.S. Securities and Exchange Commission on July 28, 2017


Registration No. 333-196082

 

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
____________________

POST EFFECTIVE AMENDMENT NO. 1 TO

 

FORM F-6
REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933
For Depositary Shares Evidenced by American Depositary Receipts
___________________

TAL Education Group
(Exact name of issuer of deposited securities as specified in its charter)

N/A
(Translation of issuer’s name into English)

The Cayman Islands
(Jurisdiction of incorporation or organization of issuer)

JPMORGAN CHASE BANK, N.A.
(Exact name of depositary as specified in its charter)

 

4 New York Plaza, Floor 12, New York, NY, 10004
Telephone (800) 990-1135
(Address, including zip code, and telephone number, including area code, of depositary’s principal executive offices)
____________________

Law Debenture Corporate Services Inc.
801 2nd Avenue, Suite 403
New York, New York 10017
Telephone: (212) 750-6474
(Address, including zip code, and telephone number, including area code, of agent for service)

Copy to:

JPMorgan Chase Bank, N.A.

4 New York Plaza, Floor 12

New York, NY, 10004

Tel. No.: (800) 990-1135
It is proposed that this filing become effective under Rule 466

 

  ¨ immediately upon filing  
  ¨ on (Date) at (Time)  

 

If a separate registration statement has been filed to register the deposited shares, check the following box. ¨

 

CALCULATION OF REGISTRATION FEE

  

Title of each class of
Securities to be registered
  Amount
to be registered
   Proposed maximum aggregate price per unit (1)   Proposed maximum
aggregate offering price (2)
   Amount of
registration fee
 
American Depositary Shares evidenced by American Depositary Receipts, each American Depositary Share representing one third (1/3) class A common shares of TAL Education Group   N/A   N/A    N/A    N/A 

 

(1)Each unit represents one American Depositary Share.
(2)Estimated solely for the purpose of calculating the registration fee. Pursuant to Rule 457(k), such estimate is computed on the basis of the maximum aggregate fees or charges to be imposed in connection with the issuance of American Depositary Receipts evidencing American Depositary Shares.

 

The Registrant hereby amends this Registration Statement on such date or dates as may be necessary to delay its effective date until the Registrant shall file a further amendment which specifically states that this Registration Statement shall thereafter become effective in accordance with Section 8(a) of the Securities Act of 1933 or until the Registration Statement shall become effective on such date as the Commission, acting pursuant to said Section 8(a), may determine.

 

 

 

 

 

PART I
INFORMATION REQUIRED IN PROSPECTUS

 

The Prospectus consists of the proposed form of American Depositary Receipt (“ADR” or “American Depositary Receipt”) included as Exhibit A to the Deposit Agreement filed as (a) to this Registration Statement on Form F-6, which is incorporated herein by reference.

 

CROSS REFERENCE SHEET 

 

Item 1.    DESCRIPTION OF SECURITIES TO BE REGISTERED

  

Item Number and Caption    
Location in Form of American Depositary
Receipt Filed Herewith as Prospectus 
           
(1)
Name and address of Depositary
 
Introductory paragraph and bottom of face of American Depositary Receipt
           
(2)
Title of American Depositary Receipts and identity of deposited securities
  Face of American Depositary Receipt, top center
           
Terms of Deposit:      
           
  (i)
Amount of deposited securities represented by one unit of American Depositary Shares
 
Face of American Depositary Receipt, upper right corner
           
  (ii)
Procedure for voting, if any, the deposited securities
 
Paragraph (12)
           
  (iii)
Collection and distribution of dividends
 
Paragraphs (4), (5), (7) and (10)
           
  (iv)
Transmission of notices, reports and proxy soliciting material
 
Paragraphs (3), (8) and (12)
           
  (v)
Sale or exercise of rights
 
Paragraphs (4), (5) and (10)
           
  (vi)   
Deposit or sale of securities resulting from dividends, splits or plans of reorganization
 
Paragraphs (4), (5), (10) and (13)

 

  (vii)
Amendment, extension or termination of the Deposit Agreement
 
Paragraphs (16) and (17)
           
  (viii)  
Rights of holders of ADRs to inspect the transfer books of the Depositary and the list of Holders of ADRs
 
Paragraph (3)
           
  (ix)
Restrictions upon the right to deposit or withdraw the underlying securities
 
Paragraphs (1), (2), (4), and (5)
           
  (x)
Limitation upon the liability of the Depositary
 
Paragraph (14)
           
(3) Fees and Charges  
Paragraph (7)
           
Item 2.  AVAILABLE INFORMATION
     
           
Item Number and Caption
 
Location in Form of American Depositary
Receipt Filed Herewith as Prospectus
           
 
Statement that TAL Education Group is subject to the periodic reporting requirements of the Securities Exchange Act of 1934, as amended, and, accordingly files certain reports with the Securities and Exchange Commission, and that such reports can be inspected by holders of American Depositary Receipts and copied at public reference facilities maintained by the Securities and Exchange Commission in Washington, D.C.
 
Paragraph (8)

 

 

 

 

 

PART II
INFORMATION NOT REQUIRED IN PROSPECTUS

 

Item 3.EXHIBITS

 

(a)Form of Deposit Agreement. Form of Amended and Restated Deposit Agreement among TAL Education Group, JPMorgan Chase Bank, N.A., as depositary (the “Depositary”), and all holders from time to time of ADRs issued thereunder (the “Deposit Agreement”), including the form of American Depositary Receipt attached as Exhibit A thereto. Filed herewith as Exhibit (a).

 

(b)Any other agreement to which the Depositary is a party relating to the issuance of the American Depositary Shares registered hereunder or the custody of the deposited securities represented thereby. Not Applicable.

 

(c)Every material contract relating to the deposited securities between the Depositary and the issuer of the deposited securities in effect at any time within the last three years. Not Applicable.

 

(d)Opinion of Paul Hastings LLP, counsel to the Depositary, as to the legality of the securities being registered. Filed herewith as Exhibit (d).

 

(e)Certification under Rule 466. Not applicable.

 

(f)Power of Attorney for certain officers and directors of the Registrant. Included as part of the signature pages hereto.

 

Item 4.UNDERTAKINGS

 

(a)The Depositary hereby undertakes to make available at the principal office of the Depositary in the United States, for inspection by holders of the American Depositary Receipts, any reports and communications received from the issuer of the deposited securities which are both (1) received by the Depositary as the holder of the deposited securities, and (2) made generally available to the holders of the underlying securities by the issuer.

 

(b)If the amounts of fees charged are not disclosed in the prospectus, the Depositary undertakes to prepare a separate document stating the amount of any fee charged and describing the service for which it is charged and to deliver promptly a copy of such fee schedule without charge to anyone upon request. The Depositary undertakes to notify each registered holder of an American Depositary Receipt thirty days before any change in the fee schedule.

 

 

 

 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Act of 1933, as amended, JPMorgan Chase Bank, N.A. on behalf of the legal entity created by the Deposit Agreement, certifies that it has reasonable grounds to believe that all the requirements for filing on Form F-6 are met and has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in The City of New York, State of New York, July 27, 2017.

 

 Legal entity created by the form of Deposit
 Agreement for the issuance of ADRs
 evidencing American Depositary Shares
   
By:JPMORGAN CHASE BANK, N.A., as
Depositary

 

By:/s/ Gregory A. Levendis
  Name: Gregory A. Levendis
  Title: Executive Director

 

 

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Act of 1933, TAL Education Group certifies that it has reasonable grounds to believe that all the requirements for filing on Form F-6 are met and has duly caused this Registration Statement on Form F-6 to be signed on its behalf by the undersigned, thereunto duly authorized, on July 27, 2017.

 

  TAL EDUCATION GROUP
     
  By: /s/ Bangxin Zhang
  Name: Bangxin Zhang
  Title: Chairman and Chief Executive Officer

 

Each person whose signature appears below constitutes and appoints each of Bangxin Zhang and Rong Luo as attorneys-in-fact with full power of substitution, for him or her in any and all capacities, to do any and all acts and all things and to execute any and all instruments which said attorney and agent may deem necessary or desirable to enable the registrant to comply with the Securities Act of 1933, as amended (the “Securities Act”), and any rules, regulations and requirements of the Securities and Exchange Commission thereunder, in connection with the registration under the Securities Act of American depositary shares representing class A common shares of the registrant (the “ADSs”), including, without limitation, the power and authority to sign the name of each of the undersigned in the capacities indicated below to the Registration Statement on Form F-6 (the “Registration Statement”) to be filed with the Securities and Exchange Commission with respect to such ADSs, to any and all amendments or supplements to such Registration Statement, whether such amendments or supplements are filed before or after the effective date of such Registration Statement, to any related Registration Statement filed pursuant to Rule 462(b) under the Securities Act, and to any and all instruments or documents filed as part of or in connection with such Registration Statement or any and all amendments thereto, whether such amendments are filed before or after the effective date of such Registration Statement; and each of the undersigned hereby ratifies and confirms all that such attorney and agent shall do or cause to be done by virtue hereof.

 

Under the requirements of the Securities Act, this Registration Statement has been signed by the following persons on July 27, 2017, in the capacities indicated.

 

SIGNATURES

 

Signature   Title
     
/s/ Bangxin Zhang   Chairman and Chief Executive Officer
Bangxin Zhang  
     
/s/ Yachao Liu   Director
Yachao Liu  
     
/s/ Jane Jie Sun   Director
Jane Jie Sun  
     
/s/ Kaifu Zhang   Director
Kaifu Zhang  
     
/s/ Weiru Chen   Director
Weiru Chen  
     
/s/ Rong Luo   Chief Financial Officer
Rong Luo   (principal financial and accounting officer)

 

 

 

 

 

 

SIGNATURE OF AUTHORIZED REPRESENTATIVE OF THE REGISTRANT

 

Pursuant to the requirements of the United States Securities Act of 1933, as amended, the undersigned, the registrant’s duly authorized representative in the United States has signed this Registration Statement in New York, New York, on the 27th day of July, 2017.

 

  LAW DEBENTURE CORPORATE
  SERVICES INC.
       
    /s/ Giselle Manon
    Name: Giselle Manon
    Title: Service of Process Officer

 

 

 

 

 

 

INDEX TO EXHIBITS

 

Exhibit 
Number
 
   
(a) Form of Amended and Restated Deposit Agreement among TAL Education Group, JPMorgan Chase Bank, N.A., as depositary, and all holders from time to time of ADRs issued thereunder, including the form of American Depositary Receipt attached as Exhibit A thereto.
   
(d) Opinion of Paul Hastings LLP, counsel to the Depositary, as to the legality of the securities to be registered.