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, 2010 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 | |||
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 | |||
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 |
(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) |
(4) | 55% of its equity held by Hongcheng Education (variable interest entity of the Company) and 45% of its equity held by Hongcheng Technology (wholly owned subsidiaries of the Company). |