<table><tr><td>“Substantial Shareholder(s)”</td><td> has the meaning ascribed to it under the Listing Rules</td></tr><tr><td>“Tongwen Education”</td><td> Guangzhou Tongwen Education Investment Group Co.,
*Ltd. (廣州同文教育投資集團有限公司), a limited liability
company established under the laws of the PRC on July 7,
2015 which is owned as to 44.5% by Ms. He Huifen, 12.75%
by Mr. Han Liing, 24% by Ms. Zhou Lanid8qqng an 1.75%
by Ms. He Huifang</td></tr><tr><td>“Tongwen Investment”</td><td> Guangzhou Lingnan Tongwen Education Investment
Management Co., Ltd.* (廣州嶺南同文教育投資管理有限公
司), a limited liability company established under the laws
of the PRC on January 21, 2014 which is owned as to 80.0%
by Tongwen Education and 20.0% by Zhuhai Yixing Equity
Investment Partnership (Limited Partnership)* (珠海易興股
權投資合夥企業(有限合夥))</td></tr><tr><td>“Track Record Period”</td><td> the three years ended December 31, 2018, 2019, and 2020</td></tr><tr><td>“Underwriters”</td><td> the Hong Kong Underwriters and the International
Underwriters</td></tr><tr><td>“Underwriting Agreements”</td><td> the Hong Kong Underwriting Agreement and the
International Underwriting Agreement</td></tr><tr><td>“U.S.” or “United States”</td><td> the United States of America, its territories, its possessions
and all areas subject to itsj urisdiction</td></tr><tr><td>“U.S. dollar(s)” or “US$” or
“USD”</td><td>United States dollars, the lawful currency for the time being
of the United States</td></tr><tr><td>“U.S. Securities Act”</td><td> the U.S. Securities Act of 1933, as amended from time to
time, and the rules and regulations promulgated thereunder</td></tr><tr><td>“VAT”</td><td> value-added tax</td></tr><tr><td>“WHITE Aliippcaton Form(s)”</td><td> the alifppcation orm(s) for use by the public who require(s)
such Hong Kong Offer Shares to be issued in the alippcants’
own names</td></tr><tr><td>“YELLOW Aliippcaton Form(s)”</td><td> the form of aliippcaton for the HonKg ong Offer Shares for
use by the public who require such Hong Kong Offer Shares
to be deposited directly into CCASS</td></tr></table>

<table><tr><td>“Zhihui Guang”</td><td>Zhihui Guang Limited, a limited liability company
incorporated under the laws of the BVI on August 9, 2018
and is owned by Mr. He Huishan as to 51% and by Ms. Zhou
Laning as to 49%, and is one of our Controlliqng
Shareholders</td></tr><tr><td>“%”</td><td>per cent</td></tr></table>

Certain amounts and percentage figures included in this prospectus have been subject lo rounding adjustments. Accordingly, figures shown as totals in certain tables may not be an arithmetic aggregation of the figures preceding them.

In this prospectus, unless otherwise stated, certain amounts denominated in Renminbi have been translated into Hong Kong dollars or U.S. dollars at an exchange rate of RMB0.8315 =HK\$1.00 or RMB6.4546 = US\$1.00, respectively, for illustration purpose only. Such conversions shall not be construed as representations that amounts in Renminbi were or could have been or could be converted into Hong Kong dollars or U.S. dollars at such rates or any other exchange rates on such date or any other date.

If there is any inconsistency between the Chinese names of entities or enterprises established in the PRC and their English translations, the Chinese names shall prevail. The English translation of company or entity names in Chinese or another language which are marked with “\*” and the Chinese translation of company or entity names in English which are marked with “\*” is for identification purpose only.

Unless otherwise specified, all relevant information in this prospectus assumes no exercise of the Over-allotment Option.