Exhibit 8.1
Significant Subsidiaries
The following table sets forth our significant subsidiaries and variable interest entities as of the date of this annual report.
Name of subsidiary and/or variable interest |
| Date of |
| Percentage of |
| Principal |
CMR Web-learning Co., Ltd. |
| July 29, 1999 |
| 70% |
| Online degree program |
Beijing Hongcheng Liye |
| April 15, 2003 |
| 100% |
| Online degree program |
Beijing Beiyuda Education |
| September 26, 2006 |
| 51% |
| Online degree program |
Dalian Dongcai Technology |
| June 4, 2003 |
| 70% |
| Online degree program |
Zhong Nongda Networks |
| October 30, 2001 |
| 55% |
| Online degree program |
Beijing WITT Education |
| July 4, 2003 |
| 100% |
| International curriculum program |
Beijing WITT Science Co., Ltd. |
| December 26, 2005 |
| 100% |
| International curriculum program |
Beijing BCIT Science and |
| January 13, 2005 |
| 100% |
| International curriculum program |
Beijing Xuezhi Times |
| October 18, 2001 |
| 100% |
| Online tutoring |
Beijing Gotop Education Co., |
| December 26, 2005 |
| 100% |
| Online tutoring |
Tianjin Gaotuo Hongcheng |
| June 26, 2006 |
| 100% |
| Online tutoring |
Beijing Distance Education |
| March 31, 2006 |
| 61% |
| Online tutoring |
Hongcheng Technology |
| July 31, 2000 |
| 100% |
| Online degree program |
Name of subsidiary and/or variable interest |
| Date of |
| Percentage of |
| Principal |
Chongqing Chongda Yuanxing |
| December 24, 2003 |
| 51% |
| Online degree program |
Beijing BCIT Science and |
| February 10, 2006 |
| 100% |
| International curriculum program |
BJ—WITT EDU MAN. LTD. |
| July 4, 2003 |
| 100% |
| International curriculum program |
Xiandai Xingye Network |
| November 7, 2000 |
| N/A(1) |
| Provision of internet content |
Beijing Gotop Electronic |
| November 29, 1995 |
| 100% |
| Provision of internet content |
Beijing Hongcheng Education |
| March 7, 2005 |
| N/A(1) |
| Private primary and secondary schools |
Jingzhou Tianchang Investment |
| September 6, 2005 |
| 72.5% |
| Private primary and secondary schools |
Jingzhou Middle School South |
| December 28, 2005 |
| 54% |
| Private primary and secondary schools |
Pingdingshan Wellent Bilingual |
| September 3, 2002 |
| 100% |
| Private primary and secondary schools |
Anqing Foreign Language |
| August 2, 2004 |
| 100% |
| Private primary and secondary schools |
Beijing Mingdaoyuan Technology Co., Ltd (“Zhongcai”) |
| March 27, 2007 |
| 51% |
| Online degree program |
Shanghai Shangcai Education Technology Co., Ltd (“Shangcai”) |
| April 18, 2008 |
| 51% |
| Online degree program |
Dongcai Online Training Center (“Dongcai Online”) |
| July 10, 2008 |
| 70% |
| Online degree program |
Beijing Zhonglin Education Technology Co., Ltd (“Zhonglin”) |
| November 3, 2008 |
| 100% |
| Online degree program |
Name of subsidiaries: |
| Date of |
| Percentage of |
| Principal |
CMR Web-learning Co., Ltd. |
| July 29, 1999 |
| 70% |
| Online degree program |
Beijing Hongcheng Liye |
| April 15, 2003 |
| 100% |
| Online degree program |
Beijing Beiyuda Education |
| September 26, 2006 |
| 51% |
| Online degree program |
Dalian Dongcai Technology |
| June 4, 2003 |
| 70% |
| Online degree program |
Zhong Nongda Networks |
| October 30, 2001 |
| 55% |
| Online degree program |
Beijing WITT Education |
| July 4, 2003 |
| 100% |
| International curriculum program |
Beijing WITT Science Co., Ltd. |
| December 26, 2005 |
| 100% |
| International curriculum program |
Beijing BCIT Science and |
| January 13, 2005 |
| 100% |
| International curriculum program |
Beijing Xuezhi Times |
| October 18, 2001 |
| 100% |
| Online tutoring |
Beijing Gotop Education Co., |
| December 26, 2005 |
| 100% |
| Online tutoring |
Tianjin Gaotuo Hongcheng |
| June 26, 2006 |
| 100% |
| Online tutoring |
Beijing Distance Education |
| March 31, 2006 |
| 61% |
| Online tutoring |
Hongcheng Technology |
| July 31, 2000 |
| 100% |
| Online degree program |
Chongqing Chongda Yuanxing |
| December 24, 2003 |
| 51% |
| Online degree program |
Beijing BCIT Science and |
| February 10, 2006 |
| 100% |
| International curriculum program |
Name of subsidiaries: |
| Date of |
| Percentage of |
| Principal |
BJ—WITT EDU MAN. LTD. |
| July 4, 2003 |
| 100% |
| International curriculum program |
Xiandai Xingye Network |
| November 7, 2000 |
| N/A(1) |
| Provision of internet content |
Beijing Gotop Electronic |
| November 29, 1995 |
| 100% |
| Provision of internet content |
Beijing Hongcheng Education |
| March 7, 2005 |
| N/A(1) |
| Private primary and secondary schools |
Jingzhou Tianchang Investment |
| September 6, 2005 |
| 72.5% |
| Private primary and secondary schools |
Jingzhou Middle School South |
| December 28, 2005 |
| 54% |
| Private primary and secondary schools |
Pingdingshan Wellent Bilingual |
| September 3, 2002 |
| 100% |
| Private primary and secondary schools |
Anqing Foreign Language |
| August 2, 2004 |
| 100% |
| Private primary and secondary schools |
Beijing Mingdaoyuan Technology Co., Ltd |
| March 27, 2007 |
| 51% |
| Online degree program |
Shanghai Shangcai Education Technology Co., Ltd (“Shangcai”) |
| April 18, 2008 |
| 51% |
| Online degree program |
Dongcai Online Training Center (“Dongcai Online”) |
| July 10, 2008 |
| 70% |
| Online degree program |
Beijing Zhonglin Education Technology Co., Ltd (“Zhonglin”) |
| November 3, 2008 |
| 100% |
| Online degree program |
Guang Xi Hongcheng Times Technology Development Co., Ltd (“Guangxi Hongcheng”) |
| February 10, 2009 |
| 51% |
| Online degree program |