U.S. SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 10-Q

[X] QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
    ACT OF 1934

                FOR THE QUARTERLY PERIOD ENDED FEBRUARY 28, 2010

                        Commission File Number 333-150385


                            HQ GLOBAL EDUCATION INC.
             (Exact name of registrant as specified in its charter)

                                    Delaware
         (State or other jurisdiction of incorporation or organization)

             No.27, Jinsha Road, Jinnan Village, Lijingpu Township,
          Shahe Section, Ningxiang County, Hunan Province, China 410600
          (Address of principal executive offices, including zip code)

                             Tel: (86 731) 87828601
                             Fax: (86 731) 87828601
                     (Telephone number, including area code)

Check  whether the issuer (1) filed all reports  required to be filed by Section
13 or 15(d) of the  Exchange  Act during the past 12 months (or for such shorter
period that the registrant was required to file such reports),  and (2) has been
subject to such filing requirements for the last 90 days. YES [X] No [ ]

Indicate by check mark whether the registrant is a large  accelerated  filer, an
accelerated filer, a non-accelerated  filer, or a smaller reporting company. See
the   definitions   of   "large   accelerated   filer,"   "accelerated   filer,"
"non-accelerated  filer," and "smaller  reporting  company" in Rule 12b-2 of the
Exchange Act.

Large accelerated filer [ ]                        Accelerated filer [ ]
Non-accelerated filer [ ]                          Smaller reporting company [X]

Indicate by check mark whether the  registrant is a shell company (as defined in
Rule 12b-2 or the Exchange Act). YES [ ] NO [X ]

State the number of shares outstanding of each of the issuer's classes of common
equity,  as of the latest  practicable  date:  33,000,000 shares as of April 14,
2010.
<PAGE>
                            HQ GLOBAL EDUCATION INC.

                                TABLE OF CONTENTS

Part I  Financial Information                                                  1

Item 1. Financial Statements                                                   1

        Condensed  Consolidated  Balance Sheets as of February 28, 2010
        (unaudited) and August 31, 2009 (audited)                              1

        Condensed  Consolidated  Statements of Operations and Comprehensive
        Income for the Three and Six Months Ended February 28, 2010 and 2009
        (Unaudited)                                                            2

        Condensed Consolidated  Statements of Cash Flows for the Three and
        Six Months Ended February 28, 2010 and 2009 (Unaudited)                3

        Notes to Condensed Consolidated Financial Statements (Unaudited)       4

Item 2. Management's Discussion and Analysis of Financial Condition and
        Results of Operations                                                 18

Item 3. Quantitative and Qualitative Disclosures About Market Risk            29

Item 4. Controls and Procedures                                               30

Part II Other Information                                                     31

Item 1. Legal Proceedings                                                     31

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds           31

Item 3. Defaults upon Senior Securities                                       31

Item 4. Submission of Matters to a Vote of Security Holders                   31

Item 5. Other Information                                                     31

Item 6. Exhibits                                                              32

Signatures                                                                    33
<PAGE>
                          PART I FINANCIAL INFORMATION

ITEM 1. FINANCIAL STATEMENTS

                            HQ GLOBAL EDUCATION INC.
                       (FORMERLY GREEN STAR MINING CORP.)
                      CONDENSED CONSOLIDATED BALANCE SHEETS
<TABLE>
<CAPTION>
                                                                          February 28,          August 31,
                                                                             2010                 2009
                                                                          -----------          -----------
                                                                          (Unaudited)           (Audited)
<S>                                                                       <C>                  <C>
                                     ASSETS
CURRENT ASSETS
  Cash and cash equivalents                                               $ 5,570,385          $ 3,848,040
  Accounts receivable, net of allowance of $55,836 as of
   February 28, 2010 and August 31, 2009                                   10,411,046            5,713,491
  Other receivables                                                            50,027                2,203
  Due from related party                                                      524,131            2,447,482
  Inventory                                                                   656,743            1,504,764
  Advances to vendors                                                       3,376,850            2,375,364
                                                                          -----------          -----------
      Total current assets                                                 20,589,182           15,891,344

PROPERTY AND EQUIPMENT, NET                                                18,517,354           14,862,590

INTANGIBLE ASSETS, NET                                                      1,026,737              477,339
                                                                          -----------          -----------

      TOTAL ASSETS                                                        $40,133,273          $31,231,273
                                                                          ===========          ===========
                      LIABILITIES AND SHAREHOLDERS' EQUITY
CURRENT LIABILITIES
   Short-term loans                                                       $ 1,018,164          $   732,002
   Long term loans - current portion                                           73,249              629,522
   Accounts payable                                                         1,954,803            1,327,622
   Taxes payable                                                               42,452               20,580
   Payroll payable                                                            278,223              241,477
   Unearned revenues                                                        1,536,010                8,275
   Other payables and accrued liabilities                                   1,434,923              902,725
                                                                          -----------          -----------
      Total current liabilities                                             6,337,824            3,862,203

LONG TERM LOANS                                                               637,268              402,601
                                                                          -----------          -----------

TOTAL LIABILITIES                                                           6,975,092            4,264,804
                                                                          -----------          -----------

COMMITMENT AND  CONTINGENCIES

STOCKHOLDERS' EQUITY
  Preferred stock, $0.001 par value, 40,000,000 shares
   authorized, -0- shares issued and outstanding at
   February 28, 2010 and August 31, 2009
  Common Stock, $0.0001 par value 100,000,000 shares authorized,
   33,000,000 and 20,500,000 shares issued and outstanding at
   February 28, 2010 and August 31, 2009, respectively                          3,300                2,050
  Additional paid-in capital                                                1,226,674            1,227,924
  Accumulated other comprehensive income                                    1,692,151            1,672,524
  Statutory reserve                                                         8,490,436            6,946,771
  Retained earnings                                                        21,745,620           17,117,200
                                                                          -----------          -----------
      Total stockholders' equity                                           33,158,181           26,966,469
                                                                          -----------          -----------

      TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY                          $40,133,273          $31,231,273
                                                                          ===========          ===========

              The accompanying notes are an integral part of these
                  condensed consolidated financial statements
</TABLE>
                                       1
<PAGE>
                            HQ GLOBAL EDUCATION INC.
                       (FORMERLY GREEN STAR MINING CORP.)
                   CONDENSED CONSOLIDATED STATEMENTS OF INCOME
                                   (UNAUDITED)

<TABLE>
<CAPTION>
                                                     For the three months ended            For the six months ended
                                                            February 28,                         February 28,
                                                      2010               2009              2010              2009
                                                  ------------       ------------      ------------      ------------
<S>                                               <C>                <C>               <C>               <C>
Revenues                                          $  6,865,096       $  9,930,518      $ 19,874,174      $ 21,642,933
Cost of revenue                                     (3,656,526)        (5,643,869)      (11,515,018)      (13,067,679)
                                                  ------------       ------------      ------------      ------------
Gross profit                                         3,208,570          4,286,649         8,359,156         8,575,254

Selling expenses                                      (107,664)          (149,169)         (243,758)         (346,232)
General and administrative expenses                   (476,672)          (462,701)         (928,236)         (889,531)
                                                  ------------       ------------      ------------      ------------

Income from operations                               2,624,234          3,674,779         7,187,162         7,339,491

Other expenses
  Interest expenses                                    (25,766)           (20,559)          (45,127)          (39,428)
  Other expenses                                          (553)            (7,322)         (969,950)          (14,773)
                                                  ------------       ------------      ------------      ------------
Total other expenses                                   (26,319)           (27,881)       (1,015,077)          (54,201)
                                                  ------------       ------------      ------------      ------------

Income before income taxes                           2,597,915          3,646,898         6,172,085         7,285,290

Provision for income taxes                                  --                 --                --                --
                                                  ------------       ------------      ------------      ------------

Net income                                           2,597,915          3,646,898         6,172,085         7,285,290
                                                  ------------       ------------      ------------      ------------
Other comprehensive item
  Foreign currency translation gain (loss)               5,762            (44,350)           19,627            (1,929)
                                                  ------------       ------------      ------------      ------------

Comprehensive Income                              $  2,603,677       $  3,602,548      $  6,191,712      $  7,283,361
                                                  ============       ============      ============      ============

Basic and diluted income per common share         $       0.11       $       0.18      $       0.28      $       0.36
                                                  ============       ============      ============      ============
Basic and diluted weighted average common
 shares outstanding                                 23,416,667         20,500,000        21,950,276        20,500,000
                                                  ============       ============      ============      ============

              The accompanying notes are an integral part of these
                  condensed consolidated financial statements
</TABLE>
                                       2
<PAGE>
                            HQ GLOBAL EDUCATION INC.
                       (FORMERLY GREEN STAR MINING CORP.)
                 CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOW
                                   (UNAUDITED)

<TABLE>
<CAPTION>
                                                                           For the six months ended
                                                                                  February 28,
                                                                           2010                   2009
                                                                       ------------           ------------
<S>                                                                    <C>                    <C>
CASH FLOWS FROM OPERATING ACTIVITIES:
  Net income                                                           $  6,172,085           $  7,285,290
  Adjustments to reconcile net income to net
   cash provided by operating activities:
     Depreciation and amortization                                          900,645                786,797
     Loss on disposal of property & equipment                               969,369                     --
  Changes in assets and liabilities
    (Increase) decrease in -
      Accounts receivable                                                (4,692,513)            (3,122,717)
      Other receivables                                                     (47,810)              (859,158)
      Inventories                                                           848,808                764,228
    Increase (decrease) in -
      Accounts payables                                                     626,130                (53,225)
      Payroll Payable                                                        36,575                204,427
      Taxes payable                                                          21,852                  8,203
      Unearned revenues                                                   1,527,334              6,274,530
      Other payables and accrued liabilities                                531,454                431,549
                                                                       ------------           ------------

          Net cash provided by operating activities                       6,893,929             11,719,924
                                                                       ------------           ------------
CASH FLOWS FROM INVESTING ACTIVITIES:
  Acquisition of intangible assets                                          (30,757)                    --
  Acquisition of property & equipment                                    (7,031,696)            (1,516,607)
                                                                       ------------           ------------

          Net cash used in investing activities                          (7,062,453)            (1,516,607)
                                                                       ------------           ------------
CASH FLOWS FROM FINANCING ACTIVITIES:
  Capital contributions                                                          --                877,963
  Repayments on long-term loans                                             (36,615)                    --
  Repayments on related party loans                                              --             (2,250,959)
  Proceeds from related party loans                                       1,924,491                     --
                                                                       ------------           ------------

          Net cash provided by (used in) financing activities             1,887,876             (1,372,996)
                                                                       ------------           ------------

EFFECT OF EXCHANGE RATE CHANGE ON CASH & CASH EQUIVALENTS                     2,993                 (3,688)

NET INCREASE IN CASH & CASH EQUIVALENTS                                   1,722,345              8,826,631

CASH & CASH EQUIVALENTS, BEGINNING OF PERIOD                              3,848,040              3,328,231
                                                                       ------------           ------------

CASH & CASH EQUIVALENTS, END OF PERIOD                                 $  5,570,385           $ 12,154,862
                                                                       ============           ============

SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:
  Income tax paid                                                      $         --           $         --
                                                                       ============           ============
  Interest paid                                                        $     52,128           $     54,656
                                                                       ============           ============

              The accompanying notes are an integral part of these
                  condensed consolidated financial statements
</TABLE>
                                       3
<PAGE>
NOTE 1. ORGANIZATION AND BASIS OF PRESENTATION

HQ Global  Education Inc. ("the  Company"),  formerly known as Green Star Mining
Corp., was  incorporated  under the laws of the State of Daleware on January 22,
2008. On February 8, 2010, the Company  acquired all of the outstanding  capital
stock  of  Risetime  Group  Limited   ("Risetime"),   a  BVI  business   company
incorporated in British Virgin Islands on December 17, 2007.  Risetime owns 100%
of the equity of Xiangtan Nicestar Business  Administration Co., Ltd. ("Xiangtan
Nicestar")  through its 100%  subsidiary,  Global Education  International  Ltd.
("GEI"), an investment holding company incorporated in Hong Kong on November 15,
2007.  Xiangtan  Nicestar  is a  wholly  foreign-owned  entity  incorporated  in
Xiangtan City, Hunan Province,  People's Republic of China on September 30, 2009
and is primarily  engaged in  providing  business  administration,  planning and
consulting  services.  Substantially  all  Risetime  and  GEI's  operations  are
conducted  in  China  through  Xiangtan   Nicestar,   and  through   contractual
arrangements with Xiangtan Nicestar's consolidated affiliated entities in China,
including  Hunan  Oya  Education   Technology   Co.,  Ltd.   ("Oya")  and  Oya's
subsidiaries  and variable  interest  entities  ("VIEs").  Oya,  incorporated in
Changsha City, Hunan Province,  People's Republic of China on November 20, 2008,
is primarily  engaged in providing  vocational  education service and vocational
skills training service.

In connection  with the  acquisition,  the Company issued  20,500,000  shares of
common stock to the  shareholder  of Risetime in exchange for all of the capital
stock of Ristetime  (the "Share  Exchange" or "Merger").  Upon the completion of
the Merger, the shareholders of Risetime own approximately  62.12% of the issued
and  outstanding  capital  stock of the  Company  and  consequently  control the
business and operation of the Company.

The  acquisition was accounted for as a reverse merger under the purchase method
of accounting since there was a change of control. Accordingly, Risetime and its
subsidiaries will be treated as the continuing entity for accounting purposes.

In March 2010,  subsequent  to the end of the first quarter of fiscal year 2010,
Green Star Mining  Corp.  changed its name to HQ Global  Education  Inc. to more
effectively  reflect the Company's  business and communicate the Company's brand
identity to customers.

On July 28, 2009, Oya entered into certain  exclusive  agreements  with Changsha
Huanqiu  Vocational  Secondary School ("Changsha  Huanqiu") and Shaoshan Huanqiu
Vocational   Technical   Secondary   School   ("Shaoshan   Huanqiu")  and  their
shareholders.  Pursuant to these agreements,  Oya provides exclusive  consulting
and other general business  operation  services to Changsha Huanqiu and Shaoshan
Huanqiu in exchange  for  substantially  all net income of Changsha  Huanqiu and
Shaoshan Huanqiu.  Oya has the right to appoint all senior management  personnel
of Changsha Huanqiu and Shaoshan Huanqiu.

On  November  28,  2009,   Xiangtan  Nicestar  entered  into  certain  exclusive
agreements with Oya and its shareholders. Pursuant to these agreements, Xiangtan
Nicestar  provides  exclusive  consulting and other general  business  operation
services to Oya in exchange for  substantially all net income of Oya. All voting
rights of Oya are assigned to Xiangtan  Nicestar  and Xiangtan  Nicestar has the
right to appoint  all  directors  and senior  management  personnel  of Oya.  In
addition,  Oya's  shareholders  have  pledged  their  equity  interest in Oya to
Xiangtan  Nicestar as collateral  for the fees for consulting and other services
due to Xiangtan Nicestar.

As a result of these contractual  arrangements,  which obligates Oya to absorb a
majority  of the risk of loss  from  Changsha  Huanqiu  and  Shaoshan  Huanqiu's
activities  and  enable  Oya to  receive a  majority  of its  expected  residual

                                       4
<PAGE>
returns,  Oya  accounts for  Changsha  Huanqiu and Shaoshan  Huanqiu as variable
interest entities under ASC 810, "Consolidation".  Accordingly, Oya consolidates
Changsha Huanqiu and Shaoshan Huanqiu's results, assets and liabilities. For the
same reason,  Xiangtan Nicestar accounts for Oya as a VIE and consolidates Oya's
results, assets and liabilities.

The accompanying unaudited condensed consolidated financial statements have been
prepared in accordance with generally accepted accounting principles for interim
financial information.  Accordingly,  they do not include all of the information
and footnotes required by generally accepted accounting  principles for complete
financial  statements.  In  the  opinion  of  the  management,  all  adjustments
(consisting only of normal recurring accruals)  considered  necessary for a fair
presentation have been included.  Operating results for the six and three months
ended February 28, 2010 and 2009 are not  necessarily  indicative of the results
that may be expected for the full years.

NOTE 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

PRINCIPLES OF CONSOLIDATION

The condensed consolidated financial statements include the financial statements
of the  Company,  Risetime,  GEI,  Xiangtan  Nicestar,  Oya,  as well  as  Oya's
subsidiaries and VIEs. All significant  inter-company  balances and transactions
are eliminated in consolidation.

USE OF ESTIMATES

The  preparation of financial  statements in conformity  with U.S. GAAP requires
management to make estimates and assumptions that affect the amounts reported in
the financial  statements and  accompanying  notes, and disclosure of contingent
liabilities at the date of the financial statements. Estimates are used for, but
not  limited  to, the  selection  of the  useful  lives and  residual  values of
property and equipment and intangible assets, provision necessary for contingent
liabilities, fair values, revenue recognition,  budgeted costs and other similar
charges.  Management  believes  that the  estimates  utilized in  preparing  its
financial  statements are  reasonable  and prudent.  Actual results could differ
from these estimates.

CASH AND CASH EQUIVALENTS

The Company considers all highly liquid investments with original  maturities of
three  months  or less  when  purchased  to be  cash  equivalents.  The  Company
maintains bank accounts in the PRC.

Total cash at February 28, 2010 and August 31, 2009 amounted to  $5,570,385  and
$3,848,040,  respectively,  of which no deposits are covered by  insurance.  The
Company has not experienced any losses in such accounts and management  believes
it is not exposed to any risks on its cash in bank accounts.

ACCOUNTS RECEIVABLE

Accounts  receivable  consists  of  balances  due from the  enterprises  for the
education  services  provided  and due  from  China  Overseas-Educated  Scholars
Development Foundation for tuition revenues. Accounts receivable are recorded at
net  realizable  value  consisting of the carrying  amount less an allowance for
uncollectible amounts.

The  Company  does  periodical  reviews as to  whether  the  carrying  values of
accounts have become  impaired.  The assets are considered to be impaired if the
collectability  of the balances  become  doubtful,  accordingly,  the management
estimates  the  valuation  allowance for  anticipated  uncollectible  receivable
balances.  When  facts  subsequently  become  available  to  indicate  that  the
allowance  provided  requires  an  adjustment,   then  the  adjustment  will  be
classified as a change in estimate. As of February 28, 2010 and August 31, 2009,
the allowance for doubtful debts was $55,836.

                                       5
<PAGE>
ADVANCES TO VENDORS

Advances to vendors  consist of balances paid for materials for  construction of
classrooms  and related  teaching  facilities  that have not been provided to or
received  by the  Company.  Advances  to vendors are  reviewed  periodically  to
determine  whether  their  carrying  value  has  become  impaired.  The  Company
considers  the assets to be impaired if the  collectability  of the services and
materials  become  doubtful.  Advances  to vendors as of  February  28, 2010 and
August 31, 2009 amounted to $3,376,850  and  $2,375,364,  respectively.  And the
Company  determines  that no  reserve  is  necessary  for the six  months  ended
February 28, 2010 and 2009.

PROPERTY AND EQUIPMENT

Property and equipment are recorded at cost less  accumulated  depreciation  and
any impairment  losses. The cost of an asset comprises of its purchase price and
any directly  attributable  costs of bringing the asset to its working condition
and location for its intended use.  Expenditure  incurred after the fixed assets
have been put into  operation,  such as repairs  and  maintenance  and  overhaul
costs,  is normally  charged to the profit and loss account in the year in which
it is incurred.

In situations  where it can be clearly  demonstrated  that the  expenditure  has
resulted in an increase in the future economic  benefits expected to be obtained
from  the  use  of  the  asset  beyond  its  originally   assessed  standard  of
performances, the expenditure is capitalized as an additional cost of the asset.

Depreciation  is computed  using the  straight-line  method  over the  estimated
useful lives of the assets, less any estimated residual value.  Estimated useful
lives of the assets are as follows:

     Teaching and dormitory facilities                       10 - 30 years
     Educational equipments and books                        5 years
     Office equipments and other equipments                  5 years
     Automobiles                                             5 years

Any gain or loss on disposal or retirement of a fixed asset is recognized in the
profit and loss account and is the difference between the net sales proceeds and
the carrying  amount of the relevant  asset.  When  property and  equipment  are
retired or otherwise  disposed of, the assets and accumulated  depreciation  are
removed  from the  accounts  and the  resulting  profit or loss is  reflected in
income.

Expenditures  for  maintenance  and repairs are charged to expense as  incurred.
Additions, renewals and betterments are capitalized.

CONSTRUCTION-IN-PROGRESS

The Company constructs certain of its property, plant and equipment. In addition
to cost under the construction contracts, external costs directly related to the
construction of such facilities,  including equipment  installation and shipping
costs, are  capitalized.  Depreciation is recorded at the time assets are placed
in service.

INTANGIBLE ASSETS

Intangible  assets are accounted for in  accordance  with the  provisions of ASC
350,  "Goodwill and Other Intangible  Assets".  Under ASC 350,  intangible asset
included in the carrying  value of investments is accounted for using the equity

                                       6
<PAGE>
method  of  accounting,  and  certain  other  intangible  assets  deemed to have
indefinite  useful lives are not amortized.  Indefinite-lived  intangible assets
are assessed for  impairment at least  annually  based on  comparisons  of their
respective fair values to their carrying values.

IMPAIRMENT OF LONG-LIVED ASSETS

In  accordance  with ASC 360,  "Accounting  for the  Impairment  or  Disposal of
Long-Lived Assets",  the Company is required to review its long-lived assets for
impairment  whenever  events  or  changes  in  circumstances  indicate  that the
carrying  amount  of an  asset  may not be  recoverable  through  the  estimated
undiscounted cash flows expected to result from the use and eventual disposition
of the assets.  Whenever any such impairment  exists, an impairment loss will be
recognized for the amount by which the carrying value exceeds the fair value.

The Company tests long-lived assets, including property, plant and equipment and
other assets,  for  recoverability at least annually or more frequently upon the
occurrence  of an event or when  circumstances  indicate  that the net  carrying
amount is greater than its fair value.  Assets are grouped and  evaluated at the
lowest level for their  identifiable cash flows that are largely  independent of
the cash  flows of other  groups of assets.  The  Company  considers  historical
performance  and  future  estimated  results  in  its  evaluation  of  potential
impairment  and then  compares  the  carrying  amount of the asset to the future
estimated  cash  flows  expected  to result  from the use of the  asset.  If the
carrying amount of the asset exceeds estimated expected undiscounted future cash
flows,  the Company  measures the amount of impairment by comparing the carrying
amount of the asset to its fair value. The estimation of fair value is generally
determined by using the asset's expected future  discounted cash flows or market
value.  The Company  estimates fair value based on the information  available in
making whatever estimates,  judgments and projections are considered  necessary.
There was no  impairment  of  long-lived  assets  during  the six  months  ended
February 28, 2010 and 2009.

UNEARNED REVENUES

Unearned  revenues  represent  amounts  received  from  students for tuition and
service  fee  relating  to the  outside-school  practice  service.  The  Company
recognizes  these  funds  as a  current  liability  until  the  revenue  can  be
recognized. The balance of unearned revenues is not refundable.

REVENUE RECOGNITION

The Company's  revenue  policies are in compliance with the provision of ASC 605
"Revenue  Recognition".  The  Company  recognizes  revenue  when  the  following
fundamental  criteria are met: (i) persuasive evidence of an arrangement exists,
(ii) the services have been rendered,  (iii) the fees are fixed or  determinable
and (iv) collection of the resulting receivable is reasonably assured.

Details are as follows:

     (a)  Tuition  revenue  received  for  educational  programs and services is
          recognized  proportionately  according  to the  progress  the students
          complete  the  educational  programs  in the school.  Tuition  paid in
          advance is recorded as unearned revenues.
     (b)  The Company provides  off-campus  internship  arrangement for students
          and collects  service charges at fixed amount from both recruiters and
          students.  Revenue is recognized  upon  completion  of the  internship
          program.
     (c)  The Company  provides  other  services  mainly  logistic  services for
          students  and the  revenue  from  such  services  is  recognized  upon
          completion of the service.

                                       7
<PAGE>
INCOME TAXES

The Company  accounts  for income  taxes using an asset and  liability  approach
which allows for the  recognition  and  measurement of deferred tax assets based
upon the likelihood of  realization  of tax benefits in future years.  Under the
asset  and  liability  approach,  deferred  taxes are  provided  for the net tax
effects of  temporary  differences  between the  carrying  amounts of assets and
liabilities for financial reporting purposes and the amounts used for income tax
purposes.  A valuation  allowance  is provided  for deferred tax assets if it is
more likely than not these items will either  expire  before the Company is able
to realize their benefits, or that future deductibility is uncertain.

The Company records a valuation allowance for deferred tax assets, if any, based
on its  estimates  of its  future  taxable  income  as well as its tax  planning
strategies when it is more likely than not that a portion or all of its deferred
tax assets will not be  realized.  If the Company is able to utilize more of its
deferred tax assets than the net amount previously  recorded when  unanticipated
events occur,  an adjustment to deferred tax assets would increase the Company's
net income when those events occur.  The Company had no deferred tax items as of
February 28, 2010 and August 31, 2009.

SELLING, GENERAL AND ADMINISTRATIVE COSTS

Selling,  general and  administrative  costs  consist  primarily of salaries and
commissions for sales representatives,  salaries for administrative staffs, rent
expenses, depreciation expense and employee benefits for administrative staffs.

COMPREHENSIVE INCOME

ASC  220,  "Comprehensive  Income"  requires  disclosure  of all  components  of
comprehensive  income and loss on an annual  and  interim  basis.  Comprehensive
income and loss is  defined  as the  change in equity of a  business  enterprise
during a period  from  transactions  and other  events  and  circumstances  from
non-owner sources. Accumulated other comprehensive income arose from the changes
in foreign currency exchange rates.

STATEMENT OF CASH FLOWS

In  accordance  with ASC 230,  "Statement  of Cash  Flows,"  cash flows from the
Company's operations is calculated based upon the local currencies. As a result,
amounts  related to assets and  liabilities  reported on the  statements of cash
flows will not necessarily agree with changes in the  corresponding  balances on
the balance sheets.

FAIR VALUE OF FINANCIAL INSTRUMENTS

The Company's financial instruments include cash and cash equivalents,  accounts
receivable, advances to suppliers, other receivables,  accounts payable, accrued
expenses,  taxes payable, notes payable and other loans payable.  Management has
estimated  that the  carrying  amounts  approximate  their fair value due to the
short-term  nature. The carrying amount of long-term loans approximates the fair
value  based on the  Company's  expected  borrowing  rate for debt with  similar
remaining maturities and comparable risk in market.

SUBSEQUENT EVENTS

The Company has  evaluated  subsequent  events  that have  occurred  through the
filing date and has determined  there were no material  events since the balance
sheet date of this report.

                                       8
<PAGE>
EARNINGS PER SHARE

The Company  computes  earnings per share  ("EPS") in  accordance  with ASC 260,
"Earnings Per Share",  which requires  companies with complex capital structures
to present basic and diluted EPS. Basic EPS is measured as net income divided by
the weighted  average common shares  outstanding for the period.  Diluted EPS is
similar to basic EPS but presents  the  dilutive  effect on a per share basis of
potential common shares (e.g., convertible securities,  options and warrants) as
if they had  been  converted  at the  beginning  of the  periods  presented,  or
issuance  date, if later.  Potential  common  shares that have an  anti-dilutive
effect (i.e.,  those that increase  income per share or decrease loss per share)
are excluded from the calculation of diluted EPS.

FOREIGN CURRENCY TRANSLATION

The Company's  financial  information is presented in US dollars.  In accordance
with ASC 830, "Foreign Currency Matters", an entity's functional currency is the
currency  of the  primary  economic  environment  in which the entity  operates;
normally,  that is the currency of the environment in which an entity  primarily
generates and expends cash.  Since  substantially  all operations of the Company
are  conducted  in the PRC, the  functional  currency of the Company is Renminbi
("RMB"),  the  currency  of the  PRC.  Transactions  at the  Company  which  are
denominated in currencies other than RMB are translated into RMB at the exchange
rate  quoted  by the  People's  Bank of  China  prevailing  at the  dates of the
transactions.  Exchange gains and losses resulting from transactions denominated
in a currency  other than that RMB are included in  statements  of operations as
exchange  gains.  The financial  statements of the Company have been  translated
into U.S. dollars in accordance with ASC 830,  "Foreign Currency  Matters".  The
financial  information is first prepared in RMB and then is translated into U.S.
dollars at period-end  exchange rates as to assets and  liabilities  and average
exchange  rates as to revenue and expenses.  Capital  accounts are translated at
their  historical  exchange rates when the capital  transactions  occurred.  The
effects of foreign currency translation  adjustments are included as a component
of accumulated other comprehensive income in shareholders' equity.

                                        February 28, 2010        August 31, 2009
                                        -----------------        ---------------
Period end RMB: US$ exchange rate             6.8260                 6.8306
Average RMB: US$ exchange rate                6.8280                 6.8343

The RMB is not freely convertible into foreign currency and all foreign exchange
transactions must take place through authorized institutions.  No representation
is made that the RMB amounts  could have been,  or could be,  converted  into US
dollars at the rates used in translation.

CONCENTRATION OF CREDIT RISK

Financial  instruments that potentially  subject the Company to concentration of
credit risk consist primarily of accounts receivable and other receivables.  The
Company  does  not  require  collateral  or  other  security  to  support  these
receivables.  The Company conducts  periodic  reviews of its clients'  financial
condition and customer payment practices to minimize collection risk on accounts
receivable.

ADVERTISING

Advertising  is expensed as  incurred.  Advertising  expenses  were  included in
selling  expenses  and  amounted to $7,532 and $71,292 for the six months  ended
February 28, 2010 and 2009, respectively.

                                       9
<PAGE>
OPERATING LEASES

Leases  where  substantially  all the rewards and risks of  ownership  of assets
remain with the lessor are accounted for as operating  leases.  Rental  payables
under operating  lease are recognized as expense on a  straight-line  basis over
the lease term.

RISKS AND UNCERTAINTIES

The operations of the Company are located in the PRC. Accordingly, the Company's
business,  financial  condition,  and results of operations may be influenced by
the political,  economic,  and legal  environments in the PRC, as well as by the
general state of the PRC economy.

The Company's operations in the PRC may be subject to special considerations and
significant  risks not typically  associated with companies in North America and
Western  Europe.   These  include  risks  associated  with,  among  others,  the
political,  economic and legal  environment and foreign currency  exchange.  The
Company's  results may be  adversely  affected by changes in the  political  and
social  conditions  in the PRC,  and by changes in  governmental  policies  with
respect  to  laws  and   regulations,   anti-inflationary   measures,   currency
conversion,  remittances abroad, and rates and methods of taxation,  among other
things.

RECENT ACCOUNTING PRONOUNCEMENTS

In  December,  2009,  FASB issued ASU No.  2009-17,  Improvements  to  Financial
Reporting  by  Enterprises  Involved  with  Variable  Interest  Entities.   This
Accounting  Standards Update amends the FASB Accounting  Standards  Codification
for the issuance of FASB  Statement No. 167,  Amendments to FASB  Interpretation
No.  46(R).  The  amendments in this  Accounting  Standards  Update  replace the
quantitative-based risks and rewards calculation for determining which reporting
entity,  if any, has a  controlling  financial  interest in a variable  interest
entity with an approach  focused on identifying  which reporting  entity has the
power  to  direct  the  activities  of a  variable  interest  entity  that  most
significantly impact the entity's economic performance and (1) the obligation to
absorb  losses  of the  entity  or (2) the right to  receive  benefits  from the
entity.  An approach that is expected to be primarily  qualitative  will be more
effective for  identifying  which reporting  entity has a controlling  financial
interest  in a variable  interest  entity.  The  amendments  in this Update also
require  additional  disclosures  about  a  reporting  entity's  involvement  in
variable interest entities, which will enhance the information provided to users
of financial statements.  The Company is currently evaluating the impact of this
ASU;  however,  the Company  does not expect the  adoption of this ASU to have a
material impact on its financial statements.

In October 2009, the FASB issued Accounting Standards Update,  2009-13,  Revenue
Recognition (Topic 605) "Multiple Deliverable Revenue Arrangements - A Consensus
of the FASB  Emerging  Issues  Task  Force".  This update  provides  application
guidance on whether multiple  deliverables exist, how the deliverables should be
separated and how the consideration  should be allocated to one or more units of
accounting.  This update  establishes a selling price  hierarchy for determining
the selling price of a deliverable.  The selling price used for each deliverable
will be based on vendor-specific  objective evidence, if available,  third-party
evidence if vendor-specific  objective  evidence is not available,  or estimated
selling price if neither  vendor-specific or third-party  evidence is available.
The Company will be required to apply this  guidance  prospectively  for revenue
arrangements entered into or materially modified after January 1, 2011; however,
earlier application is permitted. The management is in the process of evaluating
the impact of adopting this standard on the Company's financial statements.

                                       10
<PAGE>
In August 2009, the FASB updated the accounting  standards to provide additional
guidance  on  estimating  the  fair  value  of a  liability  in  a  hypothetical
transaction  where the liability is  transferred  to a market  participant.  The
standard is effective for the first reporting period, including interim periods,
beginning  after  issuance.  The Company  does not expect the adoption to have a
material  effect  on  the  Company's  consolidated  results  of  operations  and
financial condition.

In   June   2009,   FASB   established   Accounting   Standards   CodificationTM
("Codification")  as the single source of  authoritative  accounting  principles
recognized by the FASB in the preparation of financial  statements in conformity
with the  GAAP.  The  Codification  will  supersede  all  then-existing  non-SEC
accounting  and  reporting  standards.   All  other  non-grandfathered   non-SEC
accounting   literature   not   included   in  the   Codification   will  become
non-authoritative. The Codification is effective for financial statements issued
for interim and annual periods ending after September 15, 2009.  Adoption of the
Codification is not expected to have a material impact on the Company's  results
of operations or financial position.

In June 2009, FASB updated the accounting standards related to the consolidation
of  variable   interest   entities   ("VIEs").   The  standard   amends  current
consolidation guidance and requires additional disclosures about an enterprise's
involvement in VIEs. The standard shall be effective as of the beginning of each
reporting  entity's first annual reporting period that begins after November 15,
2009, for interim  periods  within the first annual  reporting  period,  and for
interim  and  annual  reporting  periods  thereafter.   Earlier  application  is
prohibited.  The Company does not expect the adoption to have a material  impact
on the Company's results of operations or financial position.

In May 2009, FASB issued ASC 855,  Subsequent Events.  The standard  establishes
general  standards of accounting  for and  disclosure of events that occur after
the  balance  sheet  date but  before  financial  statements  are  issued or are
available to be issued.  An entity should apply the  requirements  of ASC 855 to
interim or annual financial periods ending after June 15, 2009. Adoption of this
standard does not have a material impact on the Company's  results of operations
or financial position.

In April 2009, the FASB updated the accounting  standards to provide guidance on
estimating  the fair  value of a  financial  asset or  liability  when the trade
volume  and level of  activity  for the asset or  liability  have  significantly
decreased  relative to  historical  levels.  The standard  requires  entities to
disclose the inputs and valuation  techniques used to measure fair value and any
changes  in  valuation  inputs  or  techniques.  In  addition,  debt and  equity
securities  as  defined  by GAAP  shall be  disclosed  by major  category.  This
standard is effective for interim and annual reporting periods ending after June
15, 2009, with early adoption permitted for periods ending after March 15, 2009,
and is to be applied prospectively.  The adoption did not have a material effect
on the Company's results of operations and financial condition.

In April 2009, the FASB updated the accounting standards for the recognition and
presentation of other-than-temporary  impairments.  The standard amends existing
guidance on  other-than-temporary  impairments  for debt securities and requires
that the credit  portion of  other-than-temporary  impairments  be  recorded  in
earnings and the noncredit portion of losses be recorded in other  comprehensive
income.  The  standard  requires  separate  presentation  of both the credit and
noncredit  portions  of   other-than-temporary   impairments  on  the  financial
statements  and additional  disclosures.  This standard is effective for interim
and annual  reporting  periods  ending after June 15, 2009,  with early adoption
permitted for periods ending after March 15, 2009. At the date of adoption,  the
portion of previously recognized other-than-temporary impairments that represent
the noncredit  related loss component shall be recognized as a cumulative effect
of adoption with an adjustment to the opening balance of retained  earnings with

                                       11
<PAGE>
a corresponding adjustment to accumulated other comprehensive income (loss). The
adaption of this standard did not have a material  effect on the  preparation of
the Company's consolidated financial statements.

NOTE 3. INVENTORY

Inventory consists of the following:

                                               As of                 As of
                                            February 28,           August 31,
                                               2010                   2009
                                            ----------             ----------
                                            (Unaudited)             (Audited)

Course materials                            $    6,560             $   45,525
Logistic supplies                               40,228                364,122
Office supplies                                  2,348                202,362
Other materials and supplies                     4,144                176,316
Textbooks                                      603,463                716,439
                                            ----------             ----------

Total                                       $  656,743             $1,504,764
                                            ==========             ==========

NOTE 4. RELATED PARTY TRANSACTIONS

As of February 28, 2010 and August 31, 2009,  the balance due from related party
represents  loans  to  Shenzhen  Linghai  International  Cargo  Agent  Co.,  Ltd
("Shenzhen Linghai"). Shenzhen Linghai is owned by Ms. Zhong Juanjuan, sister of
Ms. Zhong Yabin,  10%  shareholder of Oya. The loan is unsecured,  interest free
and repayable on demand.

NOTE 5. PROPERTY, PLANT AND EQUIPMENTS

As of February 28, 2010 and August 31, 2009,  the detail of property,  plant and
equipments was as follows:

                                                As of                  As of
                                             February 28,            August 31,
                                                2010                   2009
                                            ------------           ------------
                                            (Unaudited)              (Audited)

Teaching and dormitory facilities           $ 15,532,291           $ 10,288,401
Educational equipments and books               3,682,710              4,068,173
Office equipments and other equipments           573,570              2,235,171
Automobiles                                      269,391                269,211
                                            ------------           ------------
        Sub-total                             20,057,962             16,860,956
Less: accumulated depreciation                (4,977,485)            (5,165,936)

Add: Construction in progress                  3,436,877              3,167,570
                                            ------------           ------------

Property, plant and equipment, net          $ 18,517,354           $ 14,862,590
                                            ============           ============

For the six months ended  February 28,  2010, a total amount of  $1,047,188  was
completed  and  transferred  from  construction  in  progress  to  teaching  and
dormitory facilities.

                                       12
<PAGE>
Depreciation  expense for the six months  ended  February  28, 2010 and 2009 was
$889,295 and $781,085, respectively.

NOTE 6. INTANGIBLE ASSETS, NET

As of February  28,  2010 and August 31,  2009,  intangible  assets are land use
rights, which are recorded at cost less accumulated  amortization.  Amortization
is provided on a straight-line  basis over the estimated useful lives,  which is
generally 50 years and represents the shorter of the estimated  usage periods or
the  terms  of  the   agreements.   The  details  of  land  use  rights  are  as
follows:

                                                As of                 As of
                                             February 28,           August 31,
                                                2010                  2009
                                             ----------            ----------
Land use rights                              $1,122,734            $  561,926
Less: accumulated amortization                  (95,997)              (84,587)
                                             ----------            ----------

Land use rights, net                         $1,026,737            $  477,339
                                             ==========            ==========

Amortization expenses for the land use rights totaled $11,350 and $5,712 for the
six months ended February 28, 2010 and 2009, respectively.

NOTE 7. SHORT-TERM LOANS

As at August 31,  2009,  the  short-term  borrowings  consisted  of two loans of
$292,949 (RMB 2,000,000) and $439,423 (RMB  3,000,000) from Changsha  Foundation
for Education. The two loans were unsecured and bore an interest at 5% per annum
and are  repayable  on March  17,  2010 and July  31,  2010,  respectively.  The
$292,949  loan was extended  with the new maturity date on March 16, 2011. As of
February  28,  2010,  in  addition  to the loans  mentioned  above,  the Company
borrowed a new short-term loan of $285,672  (RMB1,950,000)  from Ningxiang Rural
credit Cooperative Union. The loan bears an interest at 8.50% per annum and will
mature on  December  13, 2010 and was secured by a land use right of the Company
with the cost of $432,073.

NOTE 8. LONG-TERM LOANS

The  details of  long-term  loans  outstanding  as at  February  28, 2010 are as
follows:

<TABLE>
<CAPTION>
                                                                                Interest
            Lender                                        Term                   rate           Principal
-------------------------------------------    ----------------------------     -------  ------------------------
                                                   From             To                      RMB            US$
                                               ------------    ------------              ---------      ---------
<S>                                            <C>            <C>               <C>     <C>              <C>
LONG-TERM LOAN - CURRENT PORTION
  Changsha Foundation for Education            Jul 31, 2008    Jul 18, 2010      0.00%     500,000         73,249
                                                                                         ---------      ---------
                                                                                           500,000         73,249
LONG-TERM LOAN - NON-CURRENT PORTION
  Ningxiang Rural Credit Cooperative Union     Sep 1, 2009     Jul 21, 2011      8.64%   1,600,000        234,397
  Ningxiang Rural Credit Cooperative Union     Nov 25, 2008    Nov 13, 2011     10.80%   1,350,000        197,773
  Ningxiang Rural Credit Cooperative Union     Nov 25, 2008    Nov 23, 2011     10.80%   1,400,000        205,098
                                                                                         ---------      ---------
                                                                                         4,350,000        637,268
</TABLE>

                                       13
<PAGE>
The details of long-term loans outstanding as at August 31, 2009 are as follows:

<TABLE>
<CAPTION>
                                                                                Interest
            Lender                                        Term                   rate           Principal
-------------------------------------------    ----------------------------     -------  ------------------------
                                                   From             To                      RMB            US$
                                               ------------    ------------              ---------      ---------
<S>                                            <C>            <C>               <C>     <C>              <C>
LONG-TERM LOAN - CURRENT PORTION
  Ningxiang Rural Credit Cooperative Union     May 30, 2009    May 30, 2010     10.80%   2,000,000        292,801
  Ningxiang Rural Credit Cooperative Union     Dec 28, 2007    Dec 28, 2009     12.10%   1,800,000        263,521
  Changsha Foundation for Education            July 31, 2008   July 18, 2010     0.00%     500,000         73,200
                                                                                         ---------      ---------
                                                                                         4,300,000        629,522
LONG-TERM LOAN - NON-CURRENT PORTION
  Ningxiang Rural Credit Cooperative Union     Nov 25, 2008    Nov 13, 2011     10.80%   1,350,000        197,641
  Ningxiang Rural Credit Cooperative Union     Nov 25, 2008    Nov 23, 2011     10.80%   1,400,000        204,960
                                                                                         ---------      ---------
                                                                                         2,750,000        402,601
</TABLE>

The  loans  borrowed  from  Ningxiang  Rural  Credit   Cooperative   Union  were
collateralized  by the buildings with an aggregate cost of $743,249 and land use
rights  with an  aggregate  cost of  $46,640.  The $73,200  loan  borrowed  from
Changsha  Foundation  for  Education  was  unsecured  and bore no interest.  The
$292,801  and 263,521  loans were repaid in September  2009 and  December  2009,
respectively.  For the six months ended  February 28, 2010 and 2009, the Company
incurred $56,836 and $64,103 interests for the above loans.

NOTE 9. OTHER PAYABLES AND ACCRUED LIABILITIES

As of  February  28,  2010 and August  31,  2009,  other  payables  and  accrued
liabilities are as follows:

                                                 As of                As of
                                              February 28,          August 31,
                                                 2010                 2009
                                              ----------           ----------

Staff welfare payable                         $1,016,863           $  836,434
Others                                           418,060               66,291
                                              ----------           ----------

Total                                         $1,434,923           $  902,725
                                              ==========           ==========

                                       14
<PAGE>
NOTE 10. TAXES

(A) CORPORATION INCOME TAX ("CIT") AND BUSINESS TAX

The Company is governed by the Income Tax Law of the People's  Republic of China
concerning the private-run enterprises,  which are generally subject to tax at a
new  statutory  rate  of 25% on  income  reported  in  the  statutory  financial
statements after appropriate tax adjustments.  The applicable  business tax rate
for educational service is currently 5%.

The PRC government also provides various  incentives to companies that engage in
the development of vocational  education.  Such  incentives  include reduced tax
rates,  tax  exemptions  and other  measures.  According  to Law of the People's
Republic  of China on  Promotion  of  Privately-run  Schools,  implemented  from
September  1,  2003,  and the  Notice of Tax  Policy  for  Education  Activities
(Caishui  [2004] No.39),  issued and became  effective on February 5, 2004, some
specific  enterprises,  organizations  and  schools  could  enjoy  the  same tax
incentives  as the  schools  run by the  government,  and could be  exempt  from
business tax and income tax  accordingly.  As the operation of the Company meets
the  requirements  of the regulations  aforementioned,  the Company is therefore
exempt from business tax and income tax.

No  income  tax and  business  tax were  provided  for the  reporting  period in
accordance with the regulations of the relevant taxing authorities.

(B) TAX PAYABLE

The  Company's  tax payable  represents  the  unremitted  individual  income tax
withheld  on behalf of the  employees.  As of  February  28, 2010 and August 31,
2009, the tax payable amounted to $42,452 and $20,580, respectively.

NOTE 11. STOCKHOLDERS' EQUITY

(A) COMMON STOCK

HQ Global Education Inc. ("the Company"),  formerly Green Star Mining Corp., was
incorporated  under the laws of the State of Delaware on January 22, 2008,  with
100,000,000 shares of common stock authorized at par value of US$0.0001.

On January 25, 2008,  the Company  issued a total of 1,500,000  shares of common
stock to Nan E.  Weaver for cash in the amount of $0.01 per share for a total of
$15,000.

On July 22, 2008 the Company issued a total of 1,000,000  shares of common stock
to  individuals  for cash in the  amount  of  $0.025  per share for a total of $
25,000.

On November 23, 2009, the Company  approved a 5-for-1 forward stock split of all
issued and  outstanding  shares of common stock of the Company.  On November 25,
2009,  the  Financial  Industry  Regulatory  Authority  ("FINRA")  approved  the
Company's application for forward stock split applicant. As a result,  effective
on December 7, 2009 and prior to the Share  Exchange  consummated on February 8,
2010,  the Company had a total of  12,500,000  shares of common stock issued and
outstanding.

                                       15
<PAGE>
On February 8, 2010, the Company  entered into a share  exchange  agreement with
Risetime and its sole shareholder,  Nicestar International Ltd. ("Nicestar"),  a
British Virgin Islands company.  Pursuant to the Share Exchange  Agreement,  the
Company  issued  20,500,000  shares of its common  stock,  par value $0.0001 per
share, to Nicestar,  representing 62.12% of the Company's issued and outstanding
common stock, in exchange for all of the outstanding  shares of Risetime held by
Nicestar.  Immediately  after this share  exchange,  the Company had  33,000,000
shares of common stock issued and outstanding.

As of February 28, 2010 and August 31, 2009, there was 33,000,000 and 20,500,000
share of common stock issued and outstanding, respectively.

(B) PREFERRED STOCK

On  December  31,  2009,  the  Board  of  Directors  of the  Company  authorized
40,000,000  shares of preferred stock at par value of $0.001. As of February 28,
2010 and August 31,  2009,  there was zero share of  preferred  stock issued and
outstanding.

(C) STATUTORY RESERVE

According to Law of the People's Republic of China on Promotion of Privately-run
Schools,  implemented  from  September  1, 2003,  the  Company  and the  related
subsidiaries  are  required  to set  aside at least 25% of their  after-tax  net
profits  each  year,  if any,  to fund the  statutory  reserves  for the  future
development  of  educational   activities.   The  statutory   reserves  are  not
distributable in the form of cash dividends to the shareholders.

For the six months  ended  February  28,  2010 and 2009,  the  Company  has made
appropriations  in the amount of $1,543,665  and  $1,821,311  to this  statutory
reserve, respectively. As of February 28, 2010 and August 31, 2009, the balances
of the statutory reserve were $8,490,436 and $6,946,771, respectively.

NOTE 12. WEIGHTED AVERAGE NUMBER OF SHARES

In February 2010, the Company  entered into a share exchange  transaction  which
has been  accounted  for as a  reverse  merger  under  the  purchase  method  of
accounting  since there has been a change of control.  The Company  computes the
weighted-average number of common shares outstanding in accordance with ASC 805,
Business  Combinations,  which states that in calculating  the weighted  average
shares when a reverse  merger takes place in the middle of the year,  the number
of  common  shares  outstanding  from  the  beginning  of  that  period  to  the
acquisition date shall be computed on the basis of the  weighted-average  number
of common shares of the legal  acquiree (the  accounting  acquirer)  outstanding
during the period  multiplied by the exchange  ratio  established  in the merger
agreement.  The number of common shares outstanding from the acquisition date to
the end of that period shall be the actual  number of common shares of the legal
acquirer (the accounting acquiree) outstanding during that period.

NOTE 13. COMMITMENTS

OPERATING LEASE

The  commitments  are  primarily  the rental for the campus of Shaoshan  Huanqiu
Vocational  Technical  Secondary  School,  a VIE of Oya,  and for the  Company's
office space and warehouse.  As of February 28, 2010, the commitments related to
the above rental are as follows:

                                       16
<PAGE>
For Years Ended August 31,                      RMB                       US$
--------------------------                  ----------                ----------

2010                                           488,912                $   71,625
2011                                           967,682                   141,764
2012                                           944,686                   138,395
2013                                         1,008,109                   147,686
2014                                         1,075,844                   157,609
Thereafter                                     898,895                   131,687
                                            ----------                ----------

      Total                                  5,384,128                $  788,766
                                            ==========                ==========

CAPITAL COMMITMENTS

In exchange for  obtaining the approval to provide  educational  services in the
schools of Hunan  Province  and Sichuan  Province in the PRC,  the Company  have
commitments with the local governments to spend a total amount of Rmb122,800,000
($17,987,060) for the expansion of those schools during the company's  operating
periods  within them. As of February 28, 2010,  Rmb29,192,311  ($4,275,927)  has
incurred   regarding   these   commitments.    The   outstanding   Rmb93,607,690
($13,711,133) is for the remaining contract periods should be incurred according
to the following schedule:

By December 31,                                RMB                       US$
---------------                            -----------               -----------

2010                                        17,000,000               $ 2,490,065
2011                                        21,104,990                 3,091,341
2012                                           800,000                   117,180
2013                                           800,000                   117,180
2014                                           800,000                   117,180
Thereafter                                  53,102,700                 7,778,187
                                           -----------               -----------

      Total                                 93,607,690               $13,711,133
                                           ===========               ===========

                                       17
<PAGE>
ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION

Certain statements in Management's Discussion and Analysis ("MD&A"),  other than
purely historical  information,  including  estimates,  projections,  statements
relating to our business plans, objectives,  and expected operating results, and
the  assumptions  upon which those  statements are based,  are  "forward-looking
statements" within the meaning of the Private  Securities  Litigation Reform Act
of 1995,  Section  27A of the  Securities  Act of 1933,  and  Section 21E of the
Securities Exchange Act of 1934. These forward-looking  statements generally are
identified  by  the  words   "believe,"   "project,"   "expect,"   "anticipate,"
"estimate,"  "intend,"  "strategy,"  "plan," "may,"  "should,"  "will," "would,"
"will be," "will  continue,"  "will  likely  result,"  and similar  expressions.
Forward-looking  statements are based on current  expectations  and  assumptions
that are subject to risks and  uncertainties,  which may cause actual results to
differ materially from the forward-looking  statements. A detailed discussion of
risks and  uncertainties  that could cause  actual  results and events to differ
materially  from such  forward-looking  statements is included in this report or
other reports or documents we file with the Securities  and Exchange  Commission
from time to time. We undertake no  obligation to update or revise  publicly any
forward-looking  statements,  whether  as a result  of new  information,  future
events, or otherwise.

OVERVIEW

Management's  discussion and analysis is intended to help the reader  understand
the results of operations and financial condition of the Company.  The following
discussion  should  be read  in  conjunction  with  the  Consolidated  Financial
Statements and accompanying notes ("Notes") included in this Form 10-Q.

The Company was incorporated  under the laws of the State of Delaware on January
22,  2008 and became an  OTC-listed  reporting  issuer on  September  11,  2008.
Currently,  the  Company's  CUSIP Number is  40431B100  and is having its common
stock trade on OTC Bulletin Board with the ticker HQGE.

On February 11, 2010, the Company  completed a reverse  acquisition  transaction
with Risetime Group Limited ("Risetime"),  a company incorporated under the laws
of British Virgin  Island.  The exchange was  consummated  under the laws of the
State of  Delaware  and  pursuant to the terms of the Share  Exchange  Agreement
dated as of February 8, 2010 ("Share Exchange Agreement").

Pursuant to the Share Exchange  Agreement,  the Company issued 20,500,000 shares
of its  common  stock,  par value  $0.0001  per  share,  to the  stockholder  of
Risetime,  Nicestar  International Limited ("Nicestar"),  representing 62.12% of
the Company's  issued and  outstanding  common stock, in exchange for the 1(one)
outstanding  sharein Risetime held by Nicestar.  Immediately after giving effect
to the reverse  transaction,  the Company  had  33,000,000  shares of its common
stock  outstanding.  Pursuant to this exchange,  Risetime  became a wholly-owned
subsidiary of the Company.

Most of the business operations of Risetime, namely our operation, are conducted
through  Risetime's  Chinese  variable  interest  entity - Hunan  Oya  Education
Technology Co., Ltd. ("Oya"),  a customized  educational  service provider.  Oya
carries out the "Customized  Education" mode in China and offers a wide range of
educational  programs and services through  vocational  secondary  schools.  Our
business consists primarily of education programs for various vocational skills,
school  logistic  services and  development  of educational  materials.  We have
abundant student sources that cover 21 provinces and 26 nationalities, including
graduates  from junior high  schools,  senior high schools and junior  colleges,
unemployed people and rural labor force.

From the entrance to WTO,  hosting the 2008 Olympic  Games,  to hosting the 41st
World Expo in Shanghai  in 2010,  China has been  regarded as the  manufacturing
center of the world and has  attracted  a majority  of  international  financial
sources.  In line with the high  economic  growth  rate,  demand for workers and
technicians  with  specific  skills  has  increased  dramatically.  To match the
requirements,   the  Chinese  government  issued  several  regulations  such  as
Vocational  Education Law of the People's Republic of China,  Regulations of the
People's  Republic of China on  Chinese-Foreign  Cooperation in Running Schools,
and Law of the  People's  Republic of China on the  Promotion  of  Privately-run
Schools to enhance the development of the vocational  education industry.  Under
such  preferential  policies,  we have  experienced  significant  growth  in our
business in recent years. Our net income increased from $7,797,558 in the twelve

                                       18
<PAGE>
months ended August 31, 2008 to  $10,667,175  in the twelve  months ended August
31,  2009,  demonstrating  an annual  growth rate of 36.80%.  As of February 28,
2010, we had 2,692 faculty members in total to serve students at 8 vocational or
technical schools. We have established cooperative  relationship with nearly 120
enterprises  to supply our trained  students and make various  training  courses
available to their employees.  These cooperative  enterprises are located mainly
in the economical centers of China, which cover, inter alia, Yangtze River Delta
(radiating from Shanghai to Nanjing,  Hangzhou,  Wuxi,  Ningbo and other coastal
areas),  the Pearl River Delta (radiating from Shenzhen to Dongguan,  Guangzhou,
Huizhou,  Panyu,  Qingyuan,  Shaoguan and other coastal areas),  and many inland
provinces in China.  For the six months ended  February 28, 2010, the employment
rate remained 100% for the students who graduated from our educational programs.

Our revenue  historically  has fluctuated  quarterly in our fiscal year due to a
flexible educational  calendar year. Holidays,  especially the Chinese New Year,
are one of the  critical  factors  we have to  consider  while  determining  our
teaching  calendar.  For  instance,  our students  left for winter  vacation and
Chinese New Year in February 2010 and returned for the second teaching  semester
in March 2010, which is one month later than 2009. Therefore, a large portion of
tuition fees has to be  recognized in the third  quarter,  instead of the second
quarter of the fiscal year 2010.  That is the major  reason we saw a decrease in
revenue for the current  reporting  period ended February 28, 2010. Yet, because
of the time difference in certain revenue recognition,  the operating results in
the third and fourth quarters will be higher than the same period of prior year.

OPERATING ACTIVITIES

ORDER-ORIENTED EDUCATION

Mr.  Guangwen He is the founder and CEO of Oya Education  Technology  Co., Ltd.,
Changsha HQ Global Vocational School and Shaoshan HQ Global Technical School. He
has been engaged in  vocational  education and related  investments  since 1994.
"Order-oriented Education", or customized education, was created by Mr. Guangwen
He and currently is our main  operation  mode.  At present,  we run 8 schools in
total,  namely,  Changsha  HQ  Global  Vocational  School,  Shaoshan  HQ  Global
Vocational School,  Shaoshan  Vocational  Secondary School,  Yingjing Vocational
School, Tianquan Vocational School, Shimian Vocational School, Lushan Vocational
School and  Shaoyang  Industrial  Vocational  Technical  School,  via  exclusive
business  cooperation  agreements.  We divide  our  teaching  calendar  into two
semesters  every year. The first and second semester for fiscal year 2008 lasted
from  September  2007 to  January  2008 and from  February  2008 to August  2008
(including two-month summer break), respectively,  our first and second semester
for  fiscal  year 2009  lasted  from  September  2008 to  January  2009 and from
February 2009 to August 2009 (including  two-month summer break),  respectively.
Our most recent  teaching  semester lasted from September 1, 2009 to January 31,
2010.  During this  semester,  we offered a total of around 60 programs under 17
categories to 32,238 students.

Order-oriented   Education  refers  to  the  educational  program  that  tailors
vocational  education  and training via  cooperation  agreements  between us and
various enterprises. Under Order-oriented Education, we design and offer courses
to meet the specific needs of target  employers.  We first try to understand the
requirements  of the  industry,  such as the  specific  skills and the number of
potential  employees that are needed,  and sign  cooperation  contracts with the
enterprises.  Our  schools  then  customize  the  curriculums  according  to the
specific requirements.  At this stage, our revenue is derived from the students'
tuition and is recognized proportionately within the semester.

In  the  winter  and  summer  break,   work-study   programs,   i.e.  off-campus
internships,  are arranged for  students.  Our teachers work as the team leaders
for  these  students  who are sent to  different  enterprises  in  groups.  Such
on-field  practice  help students  understand  the business  atmosphere  and the
production  process and prepare them with  certain  skills the  enterprises  are
looking for. As a result,  students are  competent  for their  position  without
further training once they graduate from our secondary schools.

For the internship arrangement, commissions are charged to the enterprises based
on the number of students they receive and we also obtain  management  fees from
students  with a fixed rate per student per month.  Such  revenue is  recognized
upon the completion of the internship  arrangement.  Upon  graduation,  eligible
students  are  usually  hired by the same  enterprises  in which  they  take the

                                       19
<PAGE>
internship. In such instances,  students are to make a one-off payment to us for
employment  recommendations.  Based on the  training  programs we design and the
number  of   students  we  offer,   we  collect   commissions   for   employment
recommendation  from recruiters at a fixed amount per person.  We recognize such
revenue upon the completion of all the services related to the job arrangement.

"Order-oriented  Education"  reflects the resource  sharing  between schools and
enterprises.  It benefits  our  students in their job  hunting  endeavors  after
graduation.  As a  consequence,  student  recruitment  witnessed  a  significant
expansion  in recent  years  for our 8 schools  that are  located  in  Shaoshan,
Changsha and Shaoyang of Hunan Province,  and in Lushan,  Shimian,  Tianquan and
Yingjing of Sichuan Province, respectively. To carry out the customized training
program, we set up cooperative  relationships with approximately 120 enterprises
as of February 28, 2010,  including Fuji Xerox Technology  (Shenzhen) Co., Ltd.,
Flextronics  (Zhuhai) Co., Ltd.,  Dongguan Master Electronics Co., Ltd., Huizhou
Manley Toys Limited, Shanghai Inventec Co., Ltd., among many others.

RAIN-DEW PLAN TENGFEI PROJECT

On  December  28,  2007,  the State  Council  Leading  Group  Office of  Poverty
Alleviation and Development of the People's Republic of China launched "Rain-dew
Plan Tengfei Project" (the "Project")  together with China Overseas  Scholarship
Development  Foundation  in Hunan  Province  and several  other  provinces.  The
Project  aims to support  the junior  middle  school  graduates  with  financial
hardship,  to receive the  continuing  educational  program.  Students under the
Project are recommended  for work at enterprises  located in Yangtze River Delta
and Pearl River Delta after they finish the  vocational  or  technical  training
programs in our schools that last for one to three  years.  Some of the students
can even apply for  overseas  education  after they  graduate  from our schools.
China Overseas  Scholarship  Development  Foundation is  responsible  for paying
upfront  fees to our schools  under the  Project,  including  the  tuitions  and
miscellaneous fees as required by the customized  educational program.  Students
only  need  to  pay  their  living  expenses  and  travel  expenses  during  the
educational program and start to pay back their tuitions, without interest rate,
to China Overseas Scholarship Development Foundation after they get employed.

Our school in Changsha became one of the educational program providers under the
Project  since the second  semester of 2008.  The Project  provides an important
source of our  students.  During the first year of the project,  5,310  students
were enrolled from 18 cities or areas and majoring in Computer and  Application,
Application  of  Electronics  Technology,   Apparel  Design  and  Manufacturing,
E-commerce  and others.  The number of students  from the Project  increased  to
11,673 in the first semester of 2010 and is expected to increase  further in the
coming year.

PROSPECT

Under economic  globalization,  enterprises  in China are expanding  faster than
ever and this has resulted in a serious shortage of skilled personnel. According
to the Vocational  Education  5-Year  Development Plan issued on May 17, 2007 by
the Ministry of Education,  the number of secondary  vocational  students  shall
reach  21  million  in  2010.  A  study  conducted  by  National  Institute  for
Educational  Research  showed that the shortage of technical  talents will range
from 17.46 million to 26.65 million as of 2010.  This provides a huge  expansion
space for the  vocational  education in mainland  China and  provides  desirable
opportunities for the development of our business.

For the following three years, our business development plan includes:

     *    Under  the  customized  education  mode,  we will  build  several  new
          teaching  facilities  at our  existing  schools  so as to  expand  the
          capacity of student  enrollment.  Meanwhile,  in addition to the eight
          schools  we  currently  operate,  we are  expecting  to add six to ten
          vocational or technical  schools in the coming years which potentially
          locate in Yunnan Province, Shanxi Province, Liaoning Province, Guangxi
          Province  and so on, in  addition  to the eight  schools we  currently
          operate.

     *    We are going to reach  agreements  to  cooperate  in running  maritime
          schools in Dongying and Weifang in Shandong  Province,  so that we may
          start to offer  marine  service-related  majors to  students  in these
          cities.

                                       20
<PAGE>
     *    We will build solid cooperative relationship with more enterprises and
          actively  promote the customized  education mode. Our students will be
          giving more chances for  internship.  Meanwhile,  we will make certain
          training programs available for employees at target enterprises.

     *    We will further  integrate the social  resources to launch the "Remote
          Network Education".

     *    We have set up a department  responsible for editing and compiling the
          teaching materials for our educational programs, which we believe will
          safeguard our education quality.  We have obtained licenses from Press
          and Publication  Bureau of Hunan Province for editing,  publishing and
          issuing books, and we have reached a cooperative  agreement with Hunan
          People's  Publishing  House. In coming years,  publication of teaching
          materials will be incorporated in our business operation and we expect
          to distribute such materials nationwide to outside schools.

     *    To keep our development sustainable, we will enhance image building of
          our brand and create distinctive brand characters. Management believes
          this is  essential  for stable  long term  growth.  We continue to see
          improvement  in the core capacity of our  management  team,  marketing
          team and auditing team as well as in our overall business capability.

CRITICAL ACCOUNTING POLICIES AND MANAGEMENT ESTIMATES

The discussion and analysis of our financial condition and results of operations
are based upon our consolidated  financial statements,  which have been prepared
in  accordance  with  accounting  principles  generally  accepted  in the United
States.  The  preparation  of these  financial  statements  requires  us to make
estimates and judgments that affect our reported assets,  liabilities,  revenues
and expenses,  and related  disclosure of contingent assets and liabilities.  We
evaluate  our  estimates  on an  on-going  basis  and  use  them  on  historical
experience  and various  other  assumptions  that are believed to be  reasonable
under the  circumstances  as the basis for making  judgments  about the carrying
values of assets  and  liabilities  that are not  readily  apparent  from  other
sources.  Actual  results may differ from these  estimates  because of different
assumptions or conditions.

RESULTS OF OPERATIONS  FOR THE THREE AND SIX MONTHS ENDED  FEBRUARY 28, 2010 AND
2009

Results of operation  are a general  reflection  of our  experience in providing
customized  educational programs, the reputation of our schools, the scalability
of our schools and the total number of  students,  all of which  demonstrated  a
growth  trend in the past years and are  expected to expand in the  future.  Our
expansion  can  be  reflected  specifically  in  the  increase  of  our  student
enrollment,   the  development  of  new  customized  educational  programs,  the
cooperation with more target employers,  the education appropriations from local
government  for  running  new  schools.  The  accumulative  number  of  students
(including  current students and students  graduated from our schools) increased
from  34,000  for the  semester  ended  August  31,  2005 when we  operated  one
vocational school, to approximately  93,800 for the eight schools we operated in
the semester ended February 28, 2010.

The following  table  summarizes our operating  results for the three months and
six months ended February 28, 2010 and 2009, respectively:

                                       21
<PAGE>
<TABLE>
<CAPTION>
                       For the three months ended                            For the six months ended
                              February 28,                 Comparison               February 28,              Comparison
                          -------------------         --------------------      -------------------      --------------------
                          2010           2009         Amount       Percent      2010           2009      Amount       Percent
                          ----           ----         ------       -------      ----           ----      ------       -------
                           US$            US$           US$           %          US$            US$        US$           %
<S>                     <C>            <C>          <C>            <C>       <C>            <C>         <C>             <C>
Revenues                6,865,096      9,930,518    (3,065,422)    (30.87)   19,874,174     21,642,933  (1,768,759)     (8.17)
Cost of revenue        (3,656,526)    (5,643,869)    1,987,343     (35.21)  (11,515,018)   (13,067,679)  1,552,661     (11.88)
                       ----------     ----------    ----------    -------   -----------    -----------  ----------    -------

Gross profit            3,208,570      4,286,649    (1,078,079)    (25.15)    8,359,156      8,575,254    (216,098)     (2.52)

Selling expenses         (107,664)      (149,169)       41,505     (27.82)     (243,758)      (346,232)    102,474     (29.60)
G&A expenses             (476,672)      (462,701)      (13,971)      3.02      (928,236)      (889,531)    (38,705)      4.35
                       ----------     ----------    ----------    -------   -----------    -----------  ----------    -------

Income from operations  2,624,234      3,674,779    (1,050,545)    (28.59)    7,187,162      7,339,491    (152,329)     (2.08)

Other expenses            (26,319)       (27,881)        1,562      (5.60)   (1,015,077)       (54,201)   (960,876)  1,772.80

Income taxes                   --             --            --      --               --             --          --      --
                       ----------     ----------    ----------    -------   -----------    -----------  ----------    -------

Net income              2,597,915      3,646,898    (1,048,983)    (28.76)    6,172,085      7,285,290  (1,113,205)    (15.28)
                       ==========     ==========    ==========    =======   ===========    ===========  ==========    =======
</TABLE>

For the six months  ended  February  28,  2010,  we  achieved  total  revenue of
$19,874,174,  representing a decrease of 8.17% when compared to $21,642,933  for
the same period of fiscal year 2009.  For the three  months  ended  February 28,
2010, we achieved total revenue of $6,865,096, representing a decrease of 30.87%
when compared to $9,930,518 for the same period of 2009.  Revenue  decreased due
to the whole  month of February  of 2010 is winter  vocation  and no revenue was
recognized in this month.

Similarly,  since the students did not return to schools in February 2010, there
was not as much cost  incurred as the same period in 2009.  During the reporting
period,  off-campus internship  arrangement began in the middle of November 2010
and  lasted  for a  longer  term  comparing  with the same  period  in 2009.  In
connection with the increased student enrolments,  more students are involved in
off-campus  internship  arrangement,  especially the profit related  internship.
This has  resulted in the  significant  increase  in gross  margin of the second
fiscal quarter of 2010 compared to the same period in 2009.

This chart below shows the time difference of our relative teaching calendars in
2010 and 2009:

<TABLE>
<CAPTION>
                                               2009                                        2010
                               ------------------------------------        ------------------------------------
<S>                            <C>                                        <C>
Period of first semester       September 1, 2008 - January 15, 2009        September 1, 2009 - January 31, 2010
Chinese New Year                         January 26, 2009                           February 14, 2010
Start of second semester                 February 12, 2009                          March 1, 2010
</TABLE>

In order to better illustrate the operating results for the Company, we list the
profit and loss statement of each semester as follows:

                                       22
<PAGE>
OPERATING RESULTS FOR EACH SEMESTER FROM 2008 TO 2010

<TABLE>
<CAPTION>
Stated in US$                      2010                     2009                             2008
                               ------------     -----------------------------    -----------------------------
                               1st Semester     2nd Semester     1st Semester    2nd Semester     1st Semester
                               ------------     ------------     ------------    ------------     ------------
<S>                             <C>              <C>              <C>              <C>              <C>
Revenues                        19,874,174       18,518,788       17,592,570       16,005,406       12,798,577
Cost of revenue                (11,515,018)     (11,477,851)     (11,358,571)     (10,805,949)      (8,387,230)
                               -----------      -----------      -----------      -----------      -----------

Gross profit                     8,359,156        7,040,937        6,233,999        5,199,457        4,411,347

Selling expenses                  (243,758)        (307,196)        (333,380)        (430,592)        (294,483)
G&A expenses                      (928,236)        (986,070)        (832,107)        (539,539)        (460,900)
                               -----------      -----------      -----------      -----------      -----------

Income from operations           7,187,162        5,747,671        5,068,512        4,229,326        3,655,964

Other expenses                  (1,015,077)        (105,460)         (43,548)         (73,047)         (14,685)
                               -----------      -----------      -----------      -----------      -----------

Income before income taxes       6,172,085        5,642,211        5,024,964        4,156,279        3,641,279
                               ===========      ===========      ===========      ===========      ===========
</TABLE>

In line with the business  expansion,  both revenue and profit have demonstrated
successive  growth in each  semester of these fiscal  years.  Our net profit was
$3,641,279  in the first  semester of 2008 which lasted from  September  2007 to
January  2008,  $4,156,279  in the second  semester  of 2008 which  lasted  from
February  2008 to June  2008,  $5,024,964  in the first  semester  of 2009 which
lasted from September 2008 to January 2009, $5,642,211 in the second semester of
2009 which lasted from February 2009 to June 2009,  and  $6,172,085 in the first
semester of 2010 which lasted from September 2009 to January 2010, respectively.
The stable growth in operating  results in each semester was the combined effect
of the following factors:

For  the  first  semester  of  2010,  the  Company  achieved  total  revenue  of
$19,874,174,  representing  an increase of $2,281,604 or 12.97% when compared to
$17,592,570 for the first semester of 2009. The significant  increase in revenue
was mainly  attributable  to the  expansion of our operation as reflected in the
following:

(1)  Student enrollment in the semester started September 1, 2008 totaled 28,782
     and the  number  increased  to 32,238 in the first  semester  of 2010 which
     started from September 1, 2009, representing an increase of 12.01%.
(2)  Cooperation  agreements  we entered into with  maritime  school in Shandong
     Province took effect from the semester started September 1, 2009. According
     to the  agreements,  we provide  the  student  enrollment  services  to the
     maritime  school and are entitled to receive the flat fees for each student
     we enroll  on  behalf  of  maritime  school.  We sent 105  students  to the
     maritime  school  during the first  semester of 2010 and this new  business
     contributed $220,000 to total revenue.
(3)  As of April 30, 2009, our variable interest  entities,  Hunan Oya Education
     Technology Co., Ltd. entered into exclusive business cooperation agreements
     with Shaoshan Vocational  Secondary School ("Shaoshan  Vocational School"),
     operated in Shaoshan, Hunan Province and from then on the operating results
     of  Shaoshan   Vocational   School  was  consolidated  into  our  financial
     statements.  On September 1, 2009,  Shaoshan  Vocational  School  commenced
     operation and  contributed  $1.3 million to the total revenue for the first
     semester of 2010.
(4)  The increase in revenue from off-campus  internship  arrangement.  With the
     expanding  student  enrollment,  the number of students who participated in
     off-campus  internship  arrangements  increased  from  13,723  in the first
     semester of 2009 to 19,318 in the first  semester  of 2010,  with a rate of
     40.77%.

The cost of sales  incurred  was  $11,515,018  in the  first  semester  of 2010,
$11,358,571  in the first  semester of 2009 and $8,387,230 in the first semester
of 2008.  Revenue outpaced cost of sales and we saw a higher gross profit margin

                                       23
<PAGE>
in first  semester of 2010.  With the increase of student  enrollment,  variable
cost  increased  while the fixed cost remains  stable.  In addition,  off-campus
internship  generated a higher revenue and margin during this reporting  period,
given the fact that more students  participated in the off-campus  internship in
well-paid industry for a comparatively longer term.

Selling  expenses  decreased  from  $333,380  in the first  semester  of 2009 to
$243,758  in the first  semester  of 2010,  representing  a decrease  of 26.88%.
Thanks to our extending business and enhanced  reputation,  more enterprises are
willing to establish cooperation relationship with us, which was very helpful to
reduce the marketing  efforts on our part. More students are interested with our
vocational education and training program so that we were able to reduce travel,
advertising  as well as  other  related  expenses.  In the  end,  total  selling
expenses decreased accordingly.

G&A expenses  increased  from $460,900 in the first semester of 2008 to $832,107
in the first  semester of 2009,  and increased to $928,236 in the first semester
of 2010. The increase of 11.55% in G&A expenses was mainly  attributable  to two
factors:

(1)  New school.  We employed  more  management  personnel  for our new school -
     Shaoshan  Vocational  Secondary  School since April 2009 and this led to an
     increase of $76,750 in salaries and welfare.
(2)  The listing of the Company.  The Company went public in the first  semester
     of 2010. In order to prepare for public listing, the Company had to recruit
     more management staff and this has resulted in the increase in salaries and
     welfare. The management personnel's salaries and welfare of the Company was
     $157,413  in the  first  semester  of 2010,  representing  an  increase  of
     $113,568 or 259.02%  comparing  with the  $43,845 of the first  semester of
     2009. At the same time, entertainment expenses also increased.

REVENUES

The table below  illustrates  the revenue from different  services for the first
semesters of 2010 and 2009:

<TABLE>
<CAPTION>
                                                    2010            2009         Comparison
                                                1st Semester    1st Semester       Amount       Percent
                                                ------------    ------------       ------       -------
                                                     US$             US$             US$            %
<S>                                              <C>             <C>              <C>             <C>
Tuition revenue                                  12,654,239      10,802,076       1,852,163       17.15
Revenue of off-campus internship arrangement      1,481,484         984,377         497,107       50.50
Revenue of other services                         5,738,451       5,806,117         (67,666)      (1.17)
                                                 ----------      ----------      ----------       -----

Total revenue                                    19,874,174      17,592,570       2,281,604       12.97
                                                 ==========      ==========      ==========       =====
</TABLE>

(1)  Tuition revenue is collected from students after we file and update our fee
     schedules  with each local  authority.  An increase in tuition  revenue was
     resulted  from the increase in the students  enrolled and the new campus in
     Shaoshan, Hunan Province.
(2)  Revenue from our off-campus internship  arrangement service is collected at
     a fixed  amount per student  each time from  employers,  and a fixed amount
     from the  student  per  month.  We  launched  such  arrangements  with more
     enterprises in 2010 comparing with 2009. During the first semester of 2010,
     cooperative  enterprises  were looking for more  students,  so we sent them
     additional 5,595 students under off-campus internship  arrangement.  In the
     meanwhile,  the term of the off-campus internship  arrangement in the first
     semester  of 2010 was longer than that in the first  semester of 2009.  The
     above mentioned factors have led to the increase in revenue.
(3)  Revenue of "other  services"  consists  of revenue  from  campus  logistics
     services  and  governmental   subsidies  for  vocational   education.   The
     government  pays subsidies  periodically.  The decrease in the revenue from
     other  services was due to the change of the local  government's  incentive
     policy for  educational  industry.  We received more subsidies in the first
     semester of 2009 than the first semester of 2010.

                                       24
<PAGE>
SELLING EXPENSES

The table  below set forth the  selling  expenses  for the three  months and six
months ended February 28, 2010 and February 28, 2009:

<TABLE>
<CAPTION>
                          For the three months ended                       For the six months ended
                                 February 28,              Comparison             February 28,               Comparison
                              ------------------       ------------------      -----------------       ------------------
                              2010          2009       Amount     Percent      2010         2009       Amount     Percent
                              ----          ----       ------     -------      ----         ----       ------     -------
                               US$           US$         US$         %          US$          US$         US$         %
<S>                          <C>           <C>         <C>        <C>         <C>          <C>         <C>         <C>
Salary and staff welfare     51,956        60,659      (8,703)    (14.35)     97,967       104,258     (6,291)     (6.03)
Office expenses               5,167        14,684      (9,517)    (64.81)      7,781        16,636     (8,855)    (53.22)
Advertising                   2,301         7,888      (5,588)    (70.84)      5,833        65,734    (59,901)    (91.13)
Travel expenses              31,959        38,374      (6,415)    (16.72)     83,299        99,331    (16,032)    (16.14)
Others                       16,281        27,564     (11,283)    (40.93)     48,878        60,273    (11,395)    (18.91)
                           --------      --------    --------      -----    --------      --------   --------      -----

Total                       107,664       149,169     (41,505)    (27.82)    243,758       346,232   (102,474)    (29.60)
                           ========      ========    ========      =====    ========      ========   ========      =====
</TABLE>

Our selling expenses decreased by 27.82% from $149,169 in the three months ended
February 28, 2009 to $107,664 in the three months ended  February 28, 2010,  and
decreased by 29.60% from  $346,232 in the six months ended  February 28, 2009 to
$243,758 in the six months ended  February 28, 2010.  The decrease was primarily
due to the decrease of advertising and travel  expenses.  With the growth of our
business  and  reputation,  more  enterprises  sought our  customized  education
programs in the current year,  which ensured the reduction of marketing  efforts
on our  part.  More  students  also got to know  our  vocational  education  and
training program and travel,  advertising as well as other related expenses were
reduced, and this led to the decrease in total selling expenses.

GENERAL AND ADMINISTRATIVE EXPENSES

The table below illustrates the details of General and  administrative  expenses
for the three months and six months ended February 28, 2010 and 2009:

<TABLE>
<CAPTION>
                          For the three months ended                       For the six months ended
                                 February 28,              Comparison             February 28,              Comparison
                              ------------------       ------------------      -----------------      ------------------
                              2010          2009       Amount     Percent      2010         2009      Amount     Percent
                              ----          ----       ------     -------      ----         ----      ------     -------
                               US$           US$         US$         %          US$          US$        US$         %
<S>                          <C>           <C>         <C>        <C>         <C>          <C>        <C>         <C>
Salary and staff welfare     212,172      210,984        1,188      0.56      405,320      376,603      28,717      7.63
Office expenses               96,425      113,168      (16,743)   (14.79)     206,226      264,201     (57,975)   (21.94)
Maintenance                    1,063        1,124          (61)    (5.43)       1,711        3,467      (1,756)   (50.65)
Rental                        31,790       28,676        3,114     10.86       61,231       56,432       4,799      8.50
Depreciation                   5,698       12,568       (6,870)   (54.66)      28,105       17,025      11,080     65.08
Others                       129,524       96,182       33,342     34.67      225,643      171,803      53,840     31.34
                             -------      -------      -------     -----      -------      -------     -------     -----

Total                        476,672      462,702       13,970      3.02      928,236      889,531      38,705      4.35
                             =======      =======      =======     =====      =======      =======     =======     =====
</TABLE>

Our general and administrative expenses increased by 3.02% from $462,702 for the
three  months  ended  February  28, 2009 to $476,672  for the three months ended
February 28, 2010, and increased by 4.35% from $889,531 for the six months ended
February 28, 2009 to $928,236 for the six months ended  February 28, 2010.  This
increase was  primarily due to the increase in the salaries and welfares paid to
our  administrative  staff,  including  senior  managers and other  employees in
finance and accounting,  and general administration.  These employees were hired
to support our expanded operations in the fiscal year 2010.

                                       25
<PAGE>
OTHER EXPENSES

The other  expenses  slightly  decreased from $27,881 for the three months ended
February 28, 2009 to $26,319 for the three months ended  February 28, 2010,  and
increased  significantly from $54,201 for the six months ended February 28, 2009
to  $1,015,077  for the six months ended  February 28, 2010.  This  increase was
primarily  due to the disposal of aged fixed assets in the first fiscal  quarter
of 2010.

LIQUIDITY AND CAPITAL RESOURCES

Our  principal  sources of liquidity  have been cash  generated  from  operating
activities and financing activities.

As of February 28,  2010,  our total assets were  $40,133,273,  representing  an
increase of $8,902,000 or 28.50% when  compared with  $31,231,273  on August 31,
2009.  As  of  February  28,  2010,  we  had   $20,589,182  in  current  assets,
representing an increase of $4,697,838 or 29.56% when compared with  $15,891,344
on  August  31,  2009.  As  of  February  28,  2010,   non-current  assets  were
$19,544,091,  representing  an increase of  $4,204,162  or 27.41% as compared to
$15,339,929 on August 31, 2009.

Current  assets as of February 28, 2010 consist of cash and cash  equivalents of
$5,570,385,  inventory of $656,743,  accounts  receivable of $10,411,046,  other
debtors of $574,158 and advances to vendors of $3,376,850.

Most of our  transactions  with  customers  are settled in cash.  The balance of
accounts receivable (net of allowance) increased $4,697,555,  from $5,713,491 as
of August 31, 2009 to  $10,411,046  as of February  28, 2010.  Such  increase is
attributable  to the accounts  receivable  due from China  Overseas  Scholarship
Development  Foundation  under the Rain-dew  project that started from September
2008. As of February 28, 2010,  $2,307,120 or  approximately  22.04% of accounts
receivable,  aged less  than  three  months;  $4,346,670or  41.53%  of  accounts
receivable,  aged  from  four  months  to six  months;  $1,792,651  or 17.13% of
accounts  receivable aged from six months to 12 months;  and $2,020,478 or 19.3%
only of accounts  receivable aged for more than 12 months.  Due to the fact that
almost all of the accounts  receivable  aged more than 12 months are  receivable
from the government  authorities,  the management  determines that no reserve is
necessary.

As of February 28, 2010, our total liabilities were $6,975,092,  representing an
increase of  $2,710,288  or 63.55% as compared to $4,264,804 on August 31, 2009.
As of  February  28,  2010,  the  balance of loan  outstanding  was  $1,728,681,
representing a decrease of $35,444 or 2% as compared to $1,764,125 on August 31,
2009. Accounts payable were $1,954,803 as of February 28, 2010,  representing an
increase of $627,181 or 47.24% as compared  with  $1,327,622 on August 31, 2009.
As of  February  28,  2010,  accounts  payable  were  primarily  due to Changsha
University of Science & Technology  for a cooperative  education  program and to
maritime  schools  for the  tuition  we  collected  on behalf of them  under the
cooperation  agreements.  As of  February  28,  2010,  the  balance of  unearned
revenues was  $1,536,010,  representing an increase of $1,527,735 as compared to
$8,275 on August 31, 2009. The unearned  revenue on February 28, 2010 was mainly
tuition and other service fee received in advance from students and enterprises.
August 31, 2009 was the end of school year, by when, most advance  received from
students had been transferred to revenue.

As of February 28, 2010,  stockholder's equity was $33,158,181,  representing an
increase of $6,191,712 or 22.96% as compared to $26,966,469 on August 31, 2009.

CASH FLOWS

As  of  February  28,  2010,  the  Company's  cash  and  cash  equivalents  were
$5,570,385,  representing  an increase of $1,722,345 as compared with $3,848,040
on August 31, 2009.

As of February 28, 2010,  net cash flows provided by operating  activities  were
$6,893,929,  representing a decrease of $4,825,995 as compared with  $11,719,924
on February  28,  2009.  The decrease was mainly due to the decrease of unearned
revenues  collected  from  students.  The  second  semester  of 2009  started in
February  2009,  when the Company  received  advance  payment  from  student for
tuitions for the second semester and was recognized as unearned revenue, whereas

                                       26
<PAGE>
in 2010, the second semester started from early March, there is no tuitions paid
in advance before February 28, 2010.  This resulted in the significant  decrease
in net cash flows provided by operating activities.

As of  February  28,  2010,  net cash flows used in  investing  activities  were
$7,062,453,  representing  an increase of $5,545,846 as compared with $1,516,607
on February 28, 2009. The major investment for the six months ended February 28,
2010  refers  to  the  construction  of the  dormitory  buildings  and  teaching
facilities in Shaoyang,  Tianquan and Shaoshan campus.  The financial  resources
were generated from operating activities and credit funds.

As of February 28, 2010,  net cash flows provided by financing  activities  were
$1,887,876,  representing  an increase of  $3,260,872  as compared with net cash
used in financing activities of $1,372,996 for the six months ended February 28,
2009.  During  the six  months  ended  February  28,  2009,  there was a capital
contribution  of  $877,963  and the cash inflow was offset by the  repayment  of
loans from the  related  parties in the amount of $2.2  million.  During the six
months ended February 28, 2010, the Company received the repayment of $1,924,491
related party loan. With the combined effect of above mentioned factors, the net
cash flows provided by financing activities increased.

FUTURE INVESTMENT PLAN

Pursuant to the cooperation  agreements with the schools,  our total  investment
amount during the cooperation  periods is $17,987,060.  Up to February 28, 2010,
we have  invested  $4,275,927 in several  schools and the amount of  $13,711,133
will be paid within the  cooperation  periods.  The table below  illustrates the
details  of  the  cooperation   agreements  with  exact  investment  amount  and
implementation status of these agreements:

<TABLE>
<CAPTION>
Location                                   Total contract      Amount       Investment amount
of school        Cooperation period            amount         invested     committed in future
---------        ------------------            ------         --------     -------------------
                                                 US$             US$               US$
<S>           <C>                            <C>             <C>             <C>
Shaoshan      From Apr 2009 to Jun 2029       8,788,466       1,420,071         7,368,395
Shaoyang      From Jan 2008 to Jan 2026       4,394,233         439,423         3,954,810
Lushan        From May 2006 to Jul 2021       1,464,744         805,609           659,135
Tianquan      From Feb 2006 to Jul 2021       1,874,873         900,423           974,450
Shimian       From Jan 2006 to Jul 2021       1,464,744         710,401           754,343
                                             ----------      ----------        ----------

  Total                                      17,987,060       4,275,927        13,711,133
                                             ==========      ==========        ==========
</TABLE>

FOREIGN CURRENCY TRANSLATION

The Company's financial  information is presented in US dollars.  The functional
currency  of  the  Company  is  Renminbi  ("RMB"),  the  currency  of  the  PRC.
Transactions at the Company which are  denominated in currencies  other than RMB
are  translated  into RMB at the exchange  rate quoted by the  People's  Bank of
China  prevailing at the dates of the  transactions.  Exchange  gains and losses
resulting  from  transactions  denominated in a currency other than that RMB are
included in statements of operations as exchange gains.  The period end exchange
rate as of February 28, 2010 was 6.8260,  fluctuated  not much compared with the
exchange  rate 6.8306 as of August 31, 2009.  The average  exchange rate for the
three months ended  February 28, 2010 was 6.8280,  slightly  decreased  compared
with the exchange rate 6.8343 of the same period of prior year.

TAXATION

The PRC government also provides various  incentives to companies that engage in
the development of vocational  education.  Such  incentives  include reduced tax

                                       27
<PAGE>
rates,  tax  exemptions  and other  measures.  According  to Law of the People's
Republic  of China on  Promotion  of  Privately-run  Schools,  implemented  from
September  1,  2003,  and the  Notice of Tax  Policy  for  Education  Activities
(Caishui [2004] No.39),  issued and effective on February 5, 2004, some specific
enterprises,  organizations  and schools  enjoy the same tax  incentives  as the
schools run by the government,  and could be exempt from business tax and income
tax  accordingly.  As the operation of the Company meets the requirements of the
aforementioned  regulations,  the Company is exempt from business tax and income
tax.

RECENT ACCOUNTING PRONOUNCEMENTS

In  December,  2009,  FASB issued ASU No.  2009-17,  Improvements  to  Financial
Reporting  by  Enterprises  Involved  with  Variable  Interest  Entities.   This
Accounting  Standards Update amends the FASB Accounting  Standards  Codification
for the issuance of FASB  Statement No. 167,  Amendments to FASB  Interpretation
No.  46(R).  The  amendments in this  Accounting  Standards  Update  replace the
quantitative-based risks and rewards calculation for determining which reporting
entity,  if any, has a  controlling  financial  interest in a variable  interest
entity with an approach  focused on identifying  which reporting  entity has the
power  to  direct  the  activities  of a  variable  interest  entity  that  most
significantly impact the entity's economic performance and (1) the obligation to
absorb  losses  of the  entity  or (2) the right to  receive  benefits  from the
entity.  An approach that is expected to be primarily  qualitative  will be more
effective for  identifying  which reporting  entity has a controlling  financial
interest  in a variable  interest  entity.  The  amendments  in this Update also
require  additional  disclosures  about  a  reporting  entity's  involvement  in
variable interest entities, which will enhance the information provided to users
of financial statements.  The Company is currently evaluating the impact of this
ASU;  however,  the Company  does not expect the  adoption of this ASU to have a
material impact on its financial statements.

In October 2009, the FASB issued Accounting Standards Update,  2009-13,  Revenue
Recognition (Topic 605) "Multiple Deliverable Revenue Arrangements - A Consensus
of the FASB  Emerging  Issues  Task  Force".  This update  provides  application
guidance on whether multiple  deliverables exist, how the deliverables should be
separated and how the consideration  should be allocated to one or more units of
accounting.  This update  establishes a selling price  hierarchy for determining
the selling price of a deliverable.  The selling price used for each deliverable
will be based on vendor-specific  objective evidence, if available,  third-party
evidence if vendor-specific  objective  evidence is not available,  or estimated
selling price if neither  vendor-specific or third-party  evidence is available.
The Company will be required to apply this  guidance  prospectively  for revenue
arrangements entered into or materially modified after January 1, 2011; however,
earlier application is permitted. The management is in the process of evaluating
the impact of adopting this standard on the Company's financial statements.

In August 2009, the FASB updated the accounting  standards to provide additional
guidance  on  estimating  the  fair  value  of a  liability  in  a  hypothetical
transaction  where the liability is  transferred  to a market  participant.  The
standard is effective for the first reporting period, including interim periods,
beginning  after  issuance.  The Company  does not expect the adoption to have a
material  effect  on  the  Company's  consolidated  results  of  operations  and
financial condition.

In   June   2009,   FASB   established   Accounting   Standards   CodificationTM
("Codification")  as the single source of  authoritative  accounting  principles
recognized by the FASB in the preparation of financial  statements in conformity
with the  GAAP.  The  Codification  will  supersede  all  then-existing  non-SEC
accounting  and  reporting  standards.   All  other  non-grandfathered   non-SEC
accounting   literature   not   included   in  the   Codification   will  become
non-authoritative. The Codification is effective for financial statements issued
for interim and annual periods ending after September 15, 2009.  Adoption of the
Codification is not expected to have a material impact on the Company's  results

                                       28
<PAGE>
of operations or financial  position.In  June 2009,  FASB updated the accounting
standards related to the  consolidation of variable interest entities  ("VIEs").
The standard  amends  current  consolidation  guidance  and requires  additional
disclosures  about an  enterprise's  involvement  in VIEs. The standard shall be
effective as of the beginning of each reporting  entity's first annual reporting
period that begins after November 15, 2009, for interim periods within the first
annual  reporting   period,   and  for  interim  and  annual  reporting  periods
thereafter.  Earlier application is prohibited.  The Company does not expect the
adoption to have a material  impact on the  Company's  results of  operations or
financial position.

In May 2009, FASB issued ASC 855,  Subsequent Events.  The standard  establishes
general  standards of accounting  for and  disclosure of events that occur after
the  balance  sheet  date but  before  financial  statements  are  issued or are
available to be issued.  An entity should apply the  requirements  of ASC 855 to
interim or annual financial periods ending after June 15, 2009. Adoption of this
standard does not have a material impact on the Company's  results of operations
or financial position.

In April 2009, the FASB updated the accounting  standards to provide guidance on
estimating  the fair  value of a  financial  asset or  liability  when the trade
volume  and level of  activity  for the asset or  liability  have  significantly
decreased  relative to  historical  levels.  The standard  requires  entities to
disclose the inputs and valuation  techniques used to measure fair value and any
changes  in  valuation  inputs  or  techniques.  In  addition,  debt and  equity
securities  as  defined  by GAAP  shall be  disclosed  by major  category.  This
standard is effective for interim and annual reporting periods ending after June
15, 2009, with early adoption permitted for periods ending after March 15, 2009,
and is to be applied prospectively.  The adoption did not have a material effect
on the Company's results of operations and financial condition.

In April 2009, the FASB updated the accounting standards for the recognition and
presentation of other-than-temporary  impairments.  The standard amends existing
guidance on  other-than-temporary  impairments  for debt securities and requires
that the credit  portion of  other-than-temporary  impairments  be  recorded  in
earnings and the noncredit portion of losses be recorded in other  comprehensive
income.  The  standard  requires  separate  presentation  of both the credit and
noncredit  portions  of   other-than-temporary   impairments  on  the  financial
statements  and additional  disclosures.  This standard is effective for interim
and annual  reporting  periods  ending after June 15, 2009,  with early adoption
permitted for periods ending after March 15, 2009. At the date of adoption,  the
portion of previously recognized other-than-temporary impairments that represent
the noncredit  related loss component shall be recognized as a cumulative effect
of adoption with an adjustment to the opening balance of retained  earnings with
a corresponding adjustment to accumulated other comprehensive income (loss). The
adaption of this standard did not have a material  effect on the  preparation of
the Company's consolidated financial statements.

OFF BALANCE SHEET ARRANGEMENTS

We have not  entered  into any  financial  guarantees  or other  commitments  to
guarantee the payment obligations of any third parties. We have not entered into
any  derivative  contracts  that are  indexed to our shares  and  classified  as
shareholders'  equity,  or that are not reflected in our consolidated  financial
statements.  Furthermore,  we do not have any retained or contingent interest in
assets transferred to an unconsolidated entity that serves as credit,  liquidity
or market risk support to such entity.  We do not have any variable  interest in
any unconsolidated  entity that provides  financing,  liquidity,  market risk or
credit support to us or engages in leasing,  hedging or research and development
services with us.

ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSRES ABOUT MARKET RISKS

The Company is subject to certain  market risks,  including  changes in interest
rates and currency  exchange rates.  The Company does not undertake any specific
actions to limit those exposures.

                                       29
<PAGE>
ITEM 4. CONTROLS AND PROCEDURES

EVALUATION OF DISCLOSURE CONTROLS AND PROCEDURES

Under the supervision and with the  participation  of our management,  including
our  principal  executive  officer  and the  principal  financial  officer  (our
president),  we have conducted an evaluation of the  effectiveness of the design
and operation of our  disclosure  controls and  procedures,  as defined in Rules
13a-15(e) and 15d-15(e) under the Securities and Exchange Act of 1934, as of the
end of the  period  covered  by  this  report.  Based  on this  evaluation,  our
principal  executive officer and principal financial officer concluded as of the
evaluation date that our disclosure  controls and procedures were effective such
that the  material  information  required to be included in our  Securities  and
Exchange  Commission  reports is accumulated and communicated to our management,
including our principal  executive and financial officer,  recorded,  processed,
summarized  and reported  within the time periods  specified in  Securities  and
Exchange Commission rules and forms relating to our company, particularly during
the period when this report was being prepared.

CHANGES IN INTERNAL CONTROLS OVER FINANCIAL REPORTING

There have been no changes in our internal control over financial reporting that
occurred  during the fiscal quarter ended February 28, 2010 that have materially
affected,  or are reasonably likely to materially  affect,  our internal control
over financial reporting.

                                       30
<PAGE>
                           PART II - OTHER INFORMATION

ITEM 1. LEGAL PROCEEDINGS

From  time to time,  we may  become  involved  in  various  lawsuits  and  legal
proceedings which arise in the ordinary course of business.  However, litigation
is subject to inherent  uncertainties,  and an adverse  result in these or other
matters may arise from time to time that may harm our business. We are currently
not aware of any such legal  proceeding  or claims  that we  believe  will have,
individually  or in the  aggregate,  a material  adverse effect on our business,
financial condition or operating results.

ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS

None.

ITEM 3. DEFAULTS UPON SENIOR SECURITIES

None.

ITEM 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

None.

ITEM 5. OTHER INFORMATION

1.   RVERSE MERGER TRANSACTION

     On  February  11,  2010,  the  Company  completed  a  reverse   acquisition
     transaction   with   Risetime   Group  Limited   ("Risetime"),   a  company
     incorporated  under the laws of British  Virgin  Island.  The  exchange was
     consummated  under the laws of the State of  Delaware  and  pursuant to the
     terms of the Share Exchange  Agreement dated as of February 8, 2010 ("Share
     Exchange  Agreement").  The  reverse  merger  followed a series of material
     change of the  Company,  such as  completing  an  acquisition  of  Risetime
     pursuant  to the Share  Exchange  Agreement,  change in the  control of the
     Company,  etc. The detailed information has been disclosed in the super 8-K
     dated on February 8, 2010.

2.   CHANGE IN FISCAL YEAR

     Effective March 22, 2010, the Company changed its fiscal year end to August
     31 from its former  fiscal year end of February  28.  Thus,  its  financial
     reporting system will be more  synchronized  with its management  processes
     and education cycles.

3.   CHANGE IN NAME

     The company has changed its name from Green Star Mining Corp.  to HQ Global
     Education  Inc.,  approved  by FINRA and  effective  as of the  opening  of
     businesses  on March 22,  2010.  The  Company  has also been  granted a new
     symbol on the OTC Bulletin Board. The new symbol is "HQGE".

     The name change is  according to the Amended and  Restated  Certificate  of
     Incorporation,  effective as of February 24, 2010. The Amended and Restated
     Certificate  of  Incorporation  was filed  with the  Secretary  of State of
     Delaware on February 24, 2010.

                                       31
<PAGE>
ITEM 6. EXHIBITS

The following exhibits are filed herewith:

31.1 - Certification  pursuant to Rule 13a-14 and Rule 15d-14(a) of the Exchange
Act, as amended, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of
2002.

31.2 - Certification  pursuant to Rule 13a-14 and Rule 15d-14(a) of the Exchange
Act, as amended, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of
2002.

32.1 - Certification  pursuant to 18 U.S.C. Section 1350, as adopted pursuant to
Section 906 of the Sarbanes-Oxley Act of 2002.

32.2 - Certification  pursuant to 18 U.S.C. Section 1350, as adopted pursuant to
Section 906 of the Sarbanes-Oxley Act of 2002.

                                       32
<PAGE>
                                   SIGNATURES

Pursuant  to the  requirements  of  Section  13(a) or  15(d)  of the  Securities
Exchange Act of 1934, the Registrant has duly caused this report to be signed on
its behalf in Spokane, WA, by the undersigned, thereunto duly authorized.

April 14, 2010                Registrant: HQ Global Education Inc.


                              By: /s/ Guangwen He
                                 ----------------------------------
                                 Guangwen He
                                 Chief Executive Officer


                              By: /s/ Yunjie Fang
                                 ----------------------------------
                                 Yunjie Fang
                                 Chief Financial Officer


                                       33