EXHIBIT 8.1
LIST OF SUBSIDIARIES AND CONSOLIDATED AFFILIATED ENTITIES
Subsidiaries
1. Ambow Education Co., Ltd., a Cayman Islands company
2. Ambow Education Ltd., a Cayman Islands company
3. Ambow Education Management (Hong Kong) Ltd., a Hong Kong company
4. Ambow Education (Hong Kong) Limited, a Hong Kong company
5. Beijing Ambow Online Software Co., Ltd., a PRC company
6. Ambow Dalian Education Technology Co., Ltd., a PRC company
7. Tianjin Ambow Yuhua Software Co., Ltd., a PRC company
8. Ambow Education Management Ltd., a Cayman Islands company*
9. Ambow Education Group Limited, a Hong Kong company*
10. Ambow College Management Limited, a Hong Kong company*
11. Ambow Training Management Limited, a Hong Kong company*
12. Ambow School Management Limited, a Hong Kong company*
13. Ambow School Consultation Management Limited, a Hong Kong company*
14. Ambow College Consultation Management Limited, a Hong Kong company*
15. Beijing Ambow Chuangying Education Technology Co., Ltd., a PRC company*
16. Beijing Ambow Shengying Education Technology Co., Ltd., a PRC company*
17. WIND POWER INVESTMENTS LIMITED, a British Virgin Islands company*
18. PRECISE MANNER HOLDINGS LIMITED, a British Virgin Islands company*
19. EXCEL CASTLE HOLDINGS LIMITED, a British Virgin Islands company*
20. SPEED FAME HOLDINGS LIMITED, a British Virgin Islands company*
21. FINEGOAL LIMITED, a British Virgin Islands company*
22. GRAND GAIN GROUP LIMITED, a British Virgin Islands company*
23. EASY GLOBAL INVESTMENTS LIMITED, a British Virgin Islands company*
24. MARKBEST INVESTMENTS LIMITED, a British Virgin Islands company*
25. POWERHIGH INVESTMENTS LIMITED, a British Virgin Islands company*
26. FULL TARGET HOLDINGS LIMITED, a British Virgin Islands company*
27. GRAND ALL INVESTMENTS LIMITED, a British Virgin Islands company*
28. STATE CROWN INTERNATIONAL LIMITED, a British Virgin Islands company*
29. TIMEFIELD INVESTMENTS LIMITED, a British Virgin Islands company*
30. FINE GLOBAL LIMITED, a British Virgin Islands company*
31. ALL WONDER INVESTMENTS LIMITED, a British Virgin Islands company*
32. ISLAND SUN INVESTMENTS LIMITED, a British Virgin Islands company*
33. INSIGHT MARKET INVESTMENTS LIMITED, a British Virgin Islands company*
34. WISE SINO INVESTMENTS LIMITED, a British Virgin Islands company*
35. WISER TRADE INVESTMENTS LIMITED, a British Virgin Islands company*
36. FUTURE FORTUNE INVESTMENTS LIMITED, a British Virgin Islands company*
37. DREAMHIGH INVESTMENTS LIMITED, a British Virgin Islands company*
38. FORTUNE AMPLE HOLDINGS LIMITED, a British Virgin Islands company*
39. AKALA HOLDINGS LIMITED, a British Virgin Islands company*
40. SMART METHOD HOLDINGS LIMITED, a British Virgin Islands company*
* A dormant entity without any significant business
Consolidated Affiliated Entities
1. Beijing Ambow Shida Education Technology Co., Ltd., a PRC company
2. Ambow Sihua Education and Technology Co., Ltd., a PRC company
3. Shanghai Ambow Education Information Consulting Co., Ltd., a PRC company
4. Suzhou Wenjian Venture Investment Management Consulting Co., Ltd., a PRC company
5. Wenjian Gongying Venture Investment Enterprise, a fund established under the laws of the PRC
