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 |
| Percentage |
| Place |
|
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 |
| Percentage |
| Place |
|
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)