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, 2009 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 | |||
Beijing Xuezhi Times Education Science Co., Ltd. ("Beijing Xuezhi") | October 18, 2001 | 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 WITT Science Co., Ltd. ("WITT Science") | December 26, 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 |
Name | Date of incorporation or acquisition | Percentage of legal ownership | Place of incorporation | |||
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 | |||
Guangxi Hongcheng Times Technology Development Co., Ltd. ("Guangxi Hongcheng") | February 10, 2009 | 51% | PRC | |||
Fuzhou Haojiaoshi Distance Education Service Co., Ltd. ("Fuzhou Good Teacher") | December 7, 2009 | 51% | 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 |
* 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 held by Hongcheng Education (variable interest entity of the Company)
(3) 54% of its equity interest is held by Hongcheng Education (variable interest entity of the Company)