November 7, 2012
HQ Global Education Inc.
27th Floor, BOBO Fortune Center
No.368, South Furong Road
Changsha City
Hunan Province, 410007 PRC
Attn: Board of Directors
RE: Resignation
Dear Sir:
I, Junming Peng, hereby tender my resignation from my position as Independent Director and Chairman of Compensation Committee of HQ Global Education Inc. (the “Company”), effective on November 7, 2012.
In connection with the tendering of my resignation, I hereby represent to the Company as follows:
| (a) | My resignation as Independent Director and Chairman of Compensation Committee is not a result of any disagreement with the Company on any matter relating to the Company’s operations, policies, or practices. |
| (b) | The Company is not indebted to me, or any affiliate of mine, and I hereby waive any claim that I may have against the Company. |
Very truly yours,
/s/ Junming Peng
Junming Peng