| Name                                                                                 |   | Date ofincorporation oracquisition |   | Percentage oflegalownership |   | Place ofincorporation |
|--------------------------------------------------------------------------------------|--------|----------------------------------------------|--------|----------------------------------|--------|----------------------------|
| 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 ofincorporation oracquisition |   | Percentage oflegalownership |   | Place ofincorporation |
|---------------------------------------------------------------------------------------------|--------|----------------------------------------------|--------|----------------------------------|--------|----------------------------|
| 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 |

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| (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). |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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