| x | QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
|---|-----------------------------------------------------------------------------------------|

|  ̈ | TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
|--------|------------------------------------------------------------------------------------------|

|   | Delaware                                                      |   | 26-1806348                          |   |
|--------|---------------------------------------------------------------|--------|-------------------------------------|--------|
|   | (State or other jurisdiction ofincorporation or organization) |   | (I.R.S. EmployerIdentification No.) |   |

| Large accelerated filer |  ̈ | Accelerated filer         |  ̈ |
|-------------------------|--------|---------------------------|--------|
| Non-accelerated filer   |  ̈ | Smaller reporting company | x      |

----

|                                              |                                                                                                                           | PageNumber |
|---------------------------------------------------|--------------------------------------------------------------------------------------------------------------------------------|------------|
|                                              |                                                                                                                           |       |
| SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS |                                                                                                                           |       |
|                                              |                                                                                                                           |       |
| PART I.  FINANCIAL INFORMATION               |                                                                                                                           | 3          |
|                                              |                                                                                                                           |       |   |
| Item 1.                                           | Unaudited Condensed Consolidated Financial Statements                                                                          |       |   3 |
|                                              |                                                                                                                           |       |   |
|                                              | Condensed Consolidated Balance Sheets as of May 31, 2011 and August 31, 2010                                                   |       | 3 |
|                                              |                                                                                                                           |       |   |
|                                              | Condensed Consolidated Statements of Income and Comprehensive Income for the three and nine months ended May 31, 2011 and 2010 |       | 4 |
|                                              |                                                                                                                           |       |   |
|                                              | Condensed Consolidated Statements of Cash Flows for the nine months ended May 31, 2011 and 2010                                |       | 5 |
|                                              |                                                                                                                           |       |   |
|                                              | Notes to Condensed Consolidated Financial Statements                                                                           |       | 6 |
|                                              |                                                                                                                           |       |   |
| Item 2.                                           | Management’s Discussion and Analysis of Financial Condition and Results of Operations                                    |       | 11 |
|                                              |                                                                                                                           |       |   |
| Item 3.                                           | Quantitative and Qualitative Disclosures About Market Risk                                                                     |       | 21 |
|                                              |                                                                                                                           |       |   |
| Item 4.                                           | Controls and Procedures                                                                                                        |       | 21 |
|                                              |                                                                                                                           |       |   |
| PART II.  OTHER INFORMATION                  |                                                                                                                           | 22         |
|                                              |                                                                                                                           |       |   |
| Item 1.                                           | Legal Proceedings                                                                                                              |       | 22 |
|                                              |                                                                                                                           |       |   |
| Item 1A.                                          | Risk Factors                                                                                                                   |       | 22 |
|                                              |                                                                                                                           |       |   |
| Item 2.                                           | Unregistered Sales of Equity Securities and Use of Proceeds                                                                    |       | 22 |
|                                              |                                                                                                                           |       |   |
| Item 3.                                           | Defaults Upon Senior Securities                                                                                                |       | 22 |
|                                              |                                                                                                                           |       |   |
| Item 4.                                           | (Removed and Reserved)                                                                                                         |       | 22 |
|                                              |                                                                                                                           |       |   |
| Item 5.                                           | Other Information                                                                                                              |       | 22 |
|                                              |                                                                                                                           |       |   |
| Item 6.                                           | Exhibits                                                                                                                       |       | 22 |
|                                              |                                                                                                                           |       |   |
| SIGNATURES                                        |                                                                                                                           | 23         |

----

|                                                                                                    |   | May 31, |       |   | August 31, |   |
|---------------------------------------------------------------------------------------------------------|--------|---------|------------|--------|------------|--------|
|                                                                                                    |   | 2011    |       |   | 2010       |   |
| ASSETS                                                                                                  |   |
| CURRENT ASSETS                                                                                          |   |    |       |   |       |   |
| Cash                                                                                                    |   | $       | 10,607,514 |   |       | $      | 5,225,764 |   |
| Accounts receivable                                                                                     |   |    | 11,310,848 |   |       |   | 9,023,824 |   |
| Other receivables                                                                                       |   |    | 188,569    |   |       |   | 40,972 |   |
| Inventory                                                                                               |   |    | 431,679    |   |       |   | 674,200 |   |
| Advances to vendors                                                                                     |   |    | 5,574,896  |   |       |   | 552,344 |   |
| Total current assets                                                                                    |   |    | 28,113,506 |   |       |   | 15,517,104 |   |
|                                                                                                    |   |    |       |   |       |   |   |   |
| PROPERTY AND EQUIPMENT, NET                                                                             |   |    | 33,804,257 |   |       |   | 29,009,794 |   |
|                                                                                                    |   |    |       |   |       |   |   |   |
| INTANGIBLE ASSETS, NET                                                                                  |   |    | 7,120,450  |   |       |   | 2,029,519 |   |
| TOTAL ASSETS                                                                                            |   | $       | 69,038,213 |   |       | $      | 46,556,417 |   |
|                                                                                                    |   |    |       |   |       |   |   |   |
| LIABILITIES AND STOCKHOLDERS' EQUITY                                                                    |   |
| CURRENT LIABILITIES                                                                                     |   |    |       |   |       |   |   |   |
| Short-term loans                                                                                        |   | $       | 702,280    |   |       | $      | 1,314,744 |   |
| Long-term loans - current portion                                                                       |   |    | 671,411    |   |       |   | 235,038 |   |
| Accounts payable                                                                                        |   |    | 1,034,147  |   |       |   | 2,278,346 |   |
| Payroll tax payable                                                                                     |   |    | 3,969      |   |       |   | 3,232 |   |
| Payroll payable                                                                                         |   |    | 720,414    |   |       |   | 341,098 |   |
| Unearned revenues                                                                                       |   |    | 3,076,602  |   |       |   | - |   |
| Due to stockholder                                                                                      |   |    | 523,062    |   |       |   | - |   |
| Other payables and accrued liabilities                                                                  |   |    | 936,183    |   |       |   | 850,905 |   |
| Total current liabilities                                                                               |   |    | 7,668,068  |   |       |   | 5,023,363 |   |
|                                                                                                    |   |    |       |   |       |   |   |   |
| Long-term loans, less current portion                                                                   |   |    | -          |   |       |   | 477,421 |   |
|                                                                                                    |   |    |       |   |       |   |   |   |
| Due to stockholder, net of current portion                                                              |   |    | 3,086,944  |   |       |   | 310,000 |   |
|                                                                                                    |   |    |       |   |       |   |   |   |
| Other long-term payables                                                                                |   |    | 100,171    |   |       |   | 96,757 |   |
| TOTAL LIABILITIES                                                                                       |   |    | 10,855,183 |   |       |   | 5,907,541 |   |
|                                                                                                    |   |    |       |   |       |   |   |   |
| COMMITMENTS AND CONTINGENCIES                                                                           |   |    |       |   |       |   |   |   |
|                                                                                                    |   |    |       |   |       |   |   |   |
| STOCKHOLDERS' EQUITY                                                                                    |   |    |       |   |       |   |   |   |
| Preferred stock, $0.001 par value, 40,000,000 shares authorized, none issued and outstanding            |   |    | -          |   |       |   | - |   |
| Common Stock, $0.0001 par value 100,000,000 shares authorized, 33,000,000 shares issued and outstanding |   |    | 3,300      |   |       |   | 3,300 |   |
| Additional paid-in capital                                                                              |   |    | 1,226,674  |   |       |   | 1,226,674 |   |
| Accumulated other comprehensive income                                                                  |   |    | 4,205,379  |   |       |   | 1,785,928 |   |
| Statutory reserve                                                                                       |   |    | 14,128,209 |   |       |   | 10,339,551 |   |
| Retained earnings                                                                                       |   |    | 38,619,468 |   |       |   | 27,293,423 |   |
| Total stockholders' equity                                                                              |   |    | 58,183,030 |   |       |   | 40,648,876 |   |
| TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY                                                              |   | $       | 69,038,213 |   |       | $      | 46,556,417 |   |

----

|                                                         |   | For the three months ended |        |   | For the nine months ended |   |
|--------------------------------------------------------------|--------|------------------------------------------------|-------------|--------|-----------------------------------------------|--------|
|                                                    |   | May 31,                                   |        |   | May 31,                                  |   |
|                                                         |   | 2011                                           |        |   | 2010                                          |   |   | 2011 |   |   | 2010 |   |
| Revenues                                                     |   |                                           |        |   |                                          |   |   |   |   |   |   |   |
| -Fee based                                                   |   | $                                              | 10,001,591  |   |                                          | $      | 12,020,167 |   |   | $ | 32,430,966 |   |   | $ | 26,151,610 |   |
| -Service based                                               |   |                                           | 6,864,329   |   |                                          |   | 5,215,749 |   |   |   | 13,571,232 |   |   |   | 10,958,480 |   |
|                                                         |   |                                           | 16,865,920  |   |                                          |   | 17,235,916 |   |   |   | 46,002,198 |   |   |   | 37,110,090 |   |
| Cost of revenue                                              |   |                                           |        |   |                                          |   |   |   |   |   |   |   |   |   |   |   |
| -Fee based                                                   |   |                                           | (5,217,384  | )      |                                          |   | (6,560,027 | ) |   |   | (16,442,695 | ) |   |   | (13,334,478 | ) |
| -Service based                                               |   |                                           | (5,631,626  | )      |                                          |   | (4,242,786 | ) |   |   | (11,453,793 | ) |   |   | (8,983,353 | ) |
|                                                         |   |                                           | (10,849,010 | )      |                                          |   | (10,802,813 | ) |   |   | (27,896,488 | ) |   |   | (22,317,831 | ) |
|                                                         |   |                                           |        |   |                                          |   |   |   |   |   |   |   |   |   |   |   |
| Gross profit                                                 |   |                                           | 6,016,910   |   |                                          |   | 6,433,103 |   |   |   | 18,105,710 |   |   |   | 14,792,259 |   |
|                                                         |   |                                           |        |   |                                          |   |   |   |   |   |   |   |   |   |   |   |
| Selling expenses                                             |   |                                           | (259,593    | )      |                                          |   | (268,893 | ) |   |   | (599,303 | ) |   |   | (512,651 | ) |
| General and administrative expenses                          |   |                                           | (741,108    | )      |                                          |   | (567,662 | ) |   |   | (2,275,550 | ) |   |   | (1,495,898 | ) |
|                                                         |   |                                           |        |   |                                          |   |   |   |   |   |   |   |   |   |   |   |
| Income from operations                                       |   |                                           | 5,016,209   |   |                                          |   | 5,596,548 |   |   |   | 15,230,857 |   |   |   | 12,783,710 |   |
|                                                         |   |                                           |        |   |                                          |   |   |   |   |   |   |   |   |   |   |   |
| Other expenses                                               |   |                                           |        |   |                                          |   |   |   |   |   |   |   |   |   |   |   |
| Interest expenses, net                                       |   |                                           | (21,631     | )      |                                          |   | (38,711 | ) |   |   | (83,276 | ) |   |   | (83,838 | ) |
| Other expenses                                               |   |                                           | (3,512      | )      |                                          |   | (8,877 | ) |   |   | (32,878 | ) |   |   | (978,827 | ) |
| Total other expenses                                         |   |                                           | (25,143     | )      |                                          |   | (47,588 | ) |   |   | (116,154 | ) |   |   | (1,062,665 | ) |
|                                                         |   |                                           |        |   |                                          |   |   |   |   |   |   |   |   |   |   |   |
| Income before income taxes                                   |   |                                           | 4,991,066   |   |                                          |   | 5,548,960 |   |   |   | 15,114,703 |   |   |   | 11,721,045 |   |
|                                                         |   |                                           |        |   |                                          |   |   |   |   |   |   |   |   |   |   |   |
| Provision for income taxes                                   |   |                                           | -           |   |                                          |   | - |   |   |   | - |   |   |   | - |   |
|                                                         |   |                                           |        |   |                                          |   |   |   |   |   |   |   |   |   |   |   |
| Net income                                                   |   |                                           | 4,991,066   |   |                                          |   | 5,548,960 |   |   |   | 15,114,703 |   |   |   | 11,721,045 |   |
|                                                         |   |                                           |        |   |                                          |   |   |   |   |   |   |   |   |   |   |   |
| Other comprehensive income                                   |   |                                           |        |   |                                          |   |   |   |   |   |   |   |   |   |   |   |
| Foreign currency translation adjustments                     |   |                                           | 813,369     |   |                                          |   | (10,268 | ) |   |   | 2,419,451 |   |   |   | 9,359 |   |
|                                                         |   |                                           |        |   |                                          |   |   |   |   |   |   |   |   |   |   |   |
| Comprehensive Income                                         |   | $                                              | 5,804,435   |   |                                          | $      | 5,538,692 |   |   | $ | 17,534,154 |   |   | $ | 11,730,404 |   |
|                                                         |   |                                           |        |   |                                          |   |   |   |   |   |   |   |   |   |   |   |
| Basic and diluted income per common share                    |   | $                                              | 0.15        |   |                                          | $      | 0.17 |   |   | $ | 0.46 |   |   | $ | 0.46 |   |
|                                                         |   |                                           |        |   |                                          |   |   |   |   |   |   |   |   |   |   |   |
| Basic and diluted weighted average common shares outstanding |   |                                           | 33,000,000  |   |                                          |   | 33,000,000 |   |   |   | 33,000,000 |   |   |   | 25,673,993 |   |

----

|                                                                              |   | For the nine months endedMay 31, |        |
|-----------------------------------------------------------------------------------|--------|-----------------------------------------------------------|-------------|
|                                                                              |   | 2011                                                      |        |   | 2010 |   |
|                                                                              |   |                                                      |        |   |   |   |
| CASH FLOWS FROM OPERATING ACTIVITIES:                                             |   |                                                      |        |   |   |   |
| Net income                                                                        |   | $                                                         | 15,114,703  |   |   | $ | 11,721,045 |   |
| Adjustments to reconcile net income to net cash provided by operating activities: |   |                                                      |        |   |   |   |   |   |
| Depreciation and amortization                                                     |   |                                                      | 1,914,997   |   |   |   | 1,409,368 |   |
| Loss on disposal of property & equipment                                      |   |                                                      | -           |   |   |   | 969,369 |   |
| Changes in assets and liabilities                                                 |   |                                                      |        |   |   |   |   |   |
| (Increase) decrease in -                                                          |   |                                                      |        |   |   |   |   |   |
| Accounts receivable                                                               |   |                                                      | (1,793,442  | ) |   |   | (5,313,198 | ) |
| Other receivables                                                                 |   |                                                      | (113,109    | ) |   |   | (372,119 | ) |
| Inventory                                                                         |   |                                                      | 271,257     |   |   |   | 1,173,255 |   |
|                                                                              |   |                                                      |        |   |   |   |   |   |
| Increase (decrease) in -                                                          |   |                                                      |        |   |   |   |   |   |
| Accounts payable                                                                  |   |                                                      | (1,332,941  | ) |   |   | 314,443 |   |
| Payroll Payable                                                                   |   |                                                      | 354,890     |   |   |   | 513,828 |   |
| Payroll Taxes payable                                                             |   |                                                      | 561         |   |   |   | 31,185 |   |
| Unearned revenues                                                                 |   |                                                      | 3,016,006   |   |   |   | 3,229,791 |   |
| Other payables and accrued liabilities                                            |   |                                                      | 249,451     |   |   |   | 750,937 |   |
|                                                                              |   |                                                      |        |   |   |   |   |   |
| Net cash provided by operating activities                                         |   |                                                      | 17,682,373  |   |   |   | 14,427,904 |   |
| CASH FLOWS FROM INVESTING ACTIVITIES:                                             |   |                                                      |        |   |   |   |   |   |
| Acquisition of intangible assets                                                  |   |                                                      | (4,952,859  | ) |   |   | (265,109 | ) |
| Advance to vendors for acquisition of property and equipment                      |   |                                                      | (4,896,174  | ) |   |   | - |   |
| Acquisition of property and equipment                                             |   |                                                      | (5,109,996  | ) |   |   | (7,639,799 | ) |
| Net cash used in investing activities                                             |   |                                                      | (14,959,029 | ) |   |   | (7,904,908 | ) |
| CASH FLOWS FROM FINANCING ACTIVITIES:                                             |   |                                                      |        |   |   |   |   |   |
| Proceeds from short-term loan                                                     |   |                                                      | 234,526     |   |   |   | 578,508 |   |
| Repayments on short-term loan                                                     |   |                                                      | (900,278    | ) |   |   | - |   |
| Proceeds from long-term loan                                                      |   |                                                      | -           |   |   |   | 234,333 |   |
| Repayments on long-term loan                                                      |   |                                                      | (75,655     | ) |   |   | (556,540 | ) |
| Proceeds from stockholders' loan                                                  |   |                                                      | 3,026,143   |   |   |   | 310,000 |   |
| Collection of loans to related party                                              |   |                                                      | -           |   |   |   | 2,448,629 |   |
| Net cash provided by financing activities                                         |   |                                                      | 2,284,736   |   |   |   | 3,014,930 |   |
| EFFECT OF EXCHANGE RATE CHANGE ON CASH                                            |   |                                                      | 373,670     |   |   |   | (24 | ) |
| NET INCREASE IN CASH                                                              |   |                                                      | 5,381,750   |   |   |   | 9,537,902 |   |
| CASH, BEGINNING OF PERIOD                                                         |   |                                                      | 5,225,764   |   |   |   | 3,848,040 |   |
| CASH, END OF PERIOD                                                               |   | $                                                         | 10,607,514  |   |   | $ | 13,385,942 |   |
| Supplemental disclosures of cash flow information:                                |   |                                                      |        |   |   |   |   |   |
| Interest paid                                                                     |   | $                                                         | 89,639      |   |   | $ | 93,735 |   |

----

----

| (a) | Tuition revenue received for educational programs and services is recognized proportionately according to the progress of the students completing the educational programs in the school. Tuition paid in advance is recorded as unearned revenues. |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| (b) | The Company provides off-campus internship programs for students. The Company has arrangements with certain regional corporations in which these entities are the sponsors for off-campus internship programs which last two to three months. The Company collects a fixed amount of fees from both the internship sponsor and the student after the student is admitted into the programs. Revenue is recognized upon completion of the internship program. |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (c) | The Company provides other services mainly cafeteria and laundry services for students and the revenue from such services is recognized upon completion of the service. |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|                                            |   | May 31, 2011 |   |   | August 31, 2010 |   |   | May 31, 2010 |   |
|-------------------------------------------------|--------|------------------------|--------|--------|---------------------------|--------|--------|------------------------|--------|
| Period end exchange rate (RMB: US$)             |   |                   | 6.4789 |   |                      |   | 6.8074 |                   |   |   | 6.8279 |   |
| Average exchange rate for the period (RMB: US$) |   |                   | 6.6091 |   |                      |   | 6.8178 |                   |   |   | 6.8266 |   |

|                                 |   | As of May 31, |      |   | As of August 31, |   |
|--------------------------------------|--------|------------------------------|-----------|--------|---------------------------------|--------|
|                                 |   | 2011                         |      |   | 2010                            |   |
| Loan from Mr. Guangwen He (1)        |   | $                            | 3,396,944 |   |                            | $      | 310,000 |   |
| Rental and other expenses payable to |   |                         |      |   |                            |   |   |   |
| Mr. Guangwen He (2)                  |   |                         | 213,062   |   |                            |   | - |   |
| Total                                |   | $                            | 3,610,006 |   |                            | $      | 310,000 |   |

| (1) | Represents loans from Mr. Guangwen He, the Chief Executive Office of the Company, which consist of a)  $310,000 interest free unsecured loan, with a term of two years and is payable on February 28, 2012. b)  $3,086,944 (RMB 20,000,000) interest free unsecured loan, with a term of three years and is payable on May 25, 2014 pursuant to a loan agreement the Company entered into with Mr. He on January 5, 2011 for the purpose of business expansion. |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (2) | The Company rents office facilities from Mr. Guangwen He under a fifteen-year agreement for annual rental of US$ 77,174. |
|-----|--------------------------------------------------------------------------------------------------------------------------|

|                                |   |         |   | Interest     |   |   |      |   |   |   |      |
|------------------------------------------|--------|--------------|--------|--------------|--------|--------|-----------|--------|--------|--------|-----------|
| Lender                                   |   | Term         |   | rate         |   |   | Principal |   |
|                                     |   | From         |   | To           |   |   |      |   | RMB    |   |      | US$ |   |
| Long-term loan - Current Portion         |   |         |   |         |   |   |      |   |   |   |      |   |   |
| Ningxiang Rural Credit Cooperative Union |   | Sep 1, 2009  |   | Aug 21, 2011 |   |   | 8.64      | %      |   |   | 1,600,000 |   |   |   | 246,956 |   |
| Ningxiang Rural Credit Cooperative Union |   | Nov 25, 2008 |   | Nov 13, 2011 |   |   | 10.80     | %      |   |   | 1,350,000 |   |   |   | 208,369 |   |
| Ningxiang Rural Credit Cooperative Union |   | Nov 25, 2008 |   | Nov 13, 2011 |   |   | 10.80     | %      |   |   | 1,400,000 |   |   |   | 216,086 |   |
|                                     |   |         |   |         |   |   |      |   |   |   | 4,350,000 |   |   |   | 671,411 |   |

----

|                          |   | Vocational |       |   | Order-oriented |   |   | Campus   |   |      | Unallocated |   |   |         |      |
|-------------------------------|--------|------------|------------|--------|----------------|--------|--------|----------|--------|-----------|-------------|--------|--------|--------------|-----------|
|                     |   | Education  |       |   | Service        |   |   | Services |   |      | Amounts     |   |   | Consolidated |      |
|                          |   |       |       |   |           |   |   |     |   |      |        |   |   |         |      |
| Net revenues                  |   |       | 10,001,591 |   |           | -      |   |     |   | 6,864,329 |        |   |   | -            |      |   |   | 16,865,920 |   |
| Cost of revenues              |   |       | 5,217,384  |   |           | -      |   |     |   | 5,631,626 |        |   |   | -            |      |   |   | 10,849,010 |   |
| Gross profit                  |   |       | 4,784,207  |   |           |   | -      |     |   |      | 1,232,703   |   |   |         | -         |   |   |   | 6,016,910 |   |
| Depreciation and amortization |   |       | 353,574    |   |           |   | 11     |     |   |      | 256,114     |   |   |         | 86,016    |   |   |   | 695,715 |   |
| Total capital expenditures    |   |       | 1,402,489  |   |           |   | -      |     |   |      | 18,577      |   |   |         | 4,816,164 |   |   |   | 6,237,230 |   |

|                          |   | Vocational |       |   | Order-oriented |   |   | Campus   |   |      | Unallocated |   |   |         |    |
|-------------------------------|--------|------------|------------|--------|----------------|--------|--------|----------|--------|-----------|-------------|--------|--------|--------------|---------|
|                     |   | Education  |       |   | Service        |   |   | Services |   |      | Amounts     |   |   | Consolidated |    |
|                          |   |       |       |   |           |   |   |     |   |      |        |   |   |         |    |
| Net revenues                  |   |       | 12,020,167 |   |           | -      |   |     |   | 5,215,749 |        |   |   | -            |    |   |   | 17,235,916 |   |
| Cost of revenues              |   |       | 6,560,027  |   |           | -      |   |     |   | 4,242,786 |        |   |   | -            |    |   |   | 10,802,813 |   |
| Gross profit                  |   |       | 5,460,140  |   |           |   | -      |     |   |      | 972,963     |   |   |         | -       |   |   |   | 6,433,103 |   |
| Depreciation and amortization |   |       | 322,785    |   |           |   | 10     |     |   |      | 151,589     |   |   |         | 34,339  |   |   |   | 508,723 |   |
| Total capital expenditures    |   |       | 1,959      |   |           |   | -      |     |   |      | 1,783       |   |   |         | 838,714 |   |   |   | 842,456 |   |

----

|                          |   | Vocational |       |   | Order-oriented |   |      | Campus   |   |   | Unallocated |   |   |         |      |
|-------------------------------|--------|------------|------------|--------|----------------|--------|-----------|----------|--------|--------|-------------|--------|--------|--------------|-----------|
|                          |   | Education  |       |   | Service        |   |      | Services |   |   | Amounts     |   |   | Consolidated |      |
|                          |   |       |       |   |           |   |      |     |   |   |        |   |   |         |      |
| Net revenues                  |   |       | 29,005,264 |   |           |   | 3,425,702 |     |   |   | 13,571,232  |   |   |         | -         |   |   |   | 46,002,198 |   |
| Cost of revenues              |   |       | 16,116,417 |   |           |   | 326,278   |     |   |   | 11,453,793  |   |   |         | -         |   |   |   | 27,896,488 |   |
|                          |   |       |       |   |           |   |      |     |   |   |        |   |   |         |      |   |   |   |   |   |
| Gross profit                  |   |       | 12,888,847 |   |           |   | 3,099,424 |     |   |   | 2,117,439   |   |   |         | -         |   |   |   | 18,105,710 |   |
|                          |   |       |       |   |           |   |      |     |   |   |        |   |   |         |      |   |   |   |   |   |
| Depreciation and amortization |   |       | 1,046,905  |   |           |   | 34        |     |   |   | 686,458     |   |   |         | 181,600   |   |   |   | 1,914,997 |   |
| Total capital expenditures    |   |       | 2,681,043  |   |           |   | -         |     |   |   | 2,923,649   |   |   |         | 9,354,337 |   |   |   | 14,959,029 |   |

|                          |   | Vocational |       |   | Order-oriented |   |      | Campus   |   |   | Unallocated |   |   |         |      |
|-------------------------------|--------|------------|------------|--------|----------------|--------|-----------|----------|--------|--------|-------------|--------|--------|--------------|-----------|
|                          |   | Education  |       |   | Service        |   |      | Services |   |   | Amounts     |   |   | Consolidated |      |
|                          |   |       |       |   |           |   |      |     |   |   |        |   |   |         |      |
| Net revenues                  |   |       | 23,926,773 |   |           |   | 2,224,837 |     |   |   | 10,958,480  |   |   |         | -         |   |   |   | 37,110,090 |   |
| Cost of revenues              |   |       | 13,167,499 |   |           |   | 166,979   |     |   |   | 8,983,353   |   |   |         | -         |   |   |   | 22,317,831 |   |
|                          |   |       |       |   |           |   |      |     |   |   |        |   |   |         |      |   |   |   |   |   |
| Gross profit                  |   |       | 10,759,274 |   |           |   | 2,057,858 |     |   |   | 1,975,127   |   |   |         | -         |   |   |   | 14,792,259 |   |
|                          |   |       |       |   |           |   |      |     |   |   |        |   |   |         |      |   |   |   |   |   |
| Depreciation and amortization |   |       | 961,774    |   |           |   | 36        |     |   |   | 353,961     |   |   |         | 93,597    |   |   |   | 1,409,368 |   |
| Total capital expenditures    |   |       | 1,489,003  |   |           |   | -         |     |   |   | 2,626,414   |   |   |         | 3,789,491 |   |   |   | 7,904,908 |   |

| ITEM 2. | MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS |
|---------|---------------------------------------------------------------------------------------------|

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| · | Vocational education services are our main business currently and we provide a wide range of programs through our vocational secondary schools. Fee based revenues from vocational education services primarily consist of student tuition and fees derived from the programs we offer and collected from students based on the fee standards that are filed and approved by the related local authorities; |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | Revenues generated from Order-oriented services mainly consist of fees we collected from students and enterprises sponsors related to campus internship arrangement and job placement services; |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | Revenues generated from campus services primarily consist of canteen services and grocery sales provided to our students. |
|--------|---------------------------------------------------------------------------------------------------------------------------|

----

|              |   | For the three months ended |        |   |       |   |        |    |   |   | For the nine months ended |   |   |   |   |   |   |   |
|------------------------|--------|----------------------------|-------------|--------|------------|--------|-------------|---------|--------|--------|---------------------------|--------|--------|--------|--------|--------|--------|--------|
|                   |   | May 31,                    |        |   | Comparison |   |        | May 31, |   |   | Comparison                |   |
|                   |   | 2011                       |        |   | 2010       |   |        | Amount  |   |   | Percent                   |   |   | 2011   |   |   | 2010   |   |   | Amount |   |   | Percent |   |
|                   |   | US$                        |        |   | US$        |   |        | US$     |   |   | %                         |   |   | US$    |   |   | US$    |   |   | US$ |   |   | % |   |
|                   |   |                       |        |   |       |   |        |    |   |   |                      |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Revenues               |   |                       |        |   |       |   |        |    |   |   |                      |   |   |   |   |   |   |   |   |   |   |   |   |   |
| -Fee based             |   |                       | 10,001,591  |   |       |   | 12,020,167  |    |   |   | (2,018,576                | )      |   |   | (17    | )      |   |   | 32,430,966 |   |   |   | 26,151,610 |   |   |   | 6,279,356 |   |   |   | 24 |   |
| -Service based         |   |                       | 6,864,329   |   |       |   | 5,215,749   |    |   |   | 1,648,580                 |   |   |   | 32     |   |   |   | 13,571,232 |   |   |   | 10,958,480 |   |   |   | 2,612,752 |   |   |   | 24 |   |
|                   |   |                       | 16,865,920  |   |       |   | 17,235,916  |    |   |   | (369,996                  | )      |   |   | (2     | )      |   |   | 46,002,198 |   |   |   | 37,110,090 |   |   |   | 8,892,108 |   |   |   | 24 |   |
|                   |   |                       |        |   |       |   |        |    |   |   |                      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Cost of revenues       |   |                       |        |   |       |   |        |    |   |   |                      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| -Fee based             |   |                       | (5,217,384  | )      |       |   | (6,560,027  | )       |   |   | 1,342,643                 |   |   |   | (20    | )      |   |   | (16,442,695 | ) |   |   | (13,334,478 | ) |   |   | (3,108,217 | ) |   |   | 23 |   |
| -Service based         |   |                       | (5,631,626  | )      |       |   | (4,242,786  | )       |   |   | (1,388,840                | )      |   |   | 33     |   |   |   | (11,453,793 | ) |   |   | (8,983,353 | ) |   |   | (2,470,440 | ) |   |   | 28 |   |
|                   |   |                       | (10,849,010 | )      |       |   | (10,802,813 | )       |   |   | (46,197                   | )      |   |   | 0      |   |   |   | (27,896,488 | ) |   |   | (22,317,831 | ) |   |   | (5,578,657 | ) |   |   | 25 |   |
|                   |   |                       |        |   |       |   |        |    |   |   |                      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Gross profit           |   |                       | 6,016,910   |   |       |   | 6,433,103   |    |   |   | (416,193                  | )      |   |   | (6     | )      |   |   | 18,105,710 |   |   |   | 14,792,259 |   |   |   | 3,313,451 |   |   |   | 22 |   |
|                   |   |                       |        |   |       |   |        |    |   |   |                      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Selling expenses       |   |                       | (259,593    | )      |       |   | (268,893    | )       |   |   | 9,300                     |   |   |   | (3     | )      |   |   | (599,303 | ) |   |   | (512,651 | ) |   |   | (86,652 | ) |   |   | 17 |   |
| G&A expenses       |   |                       | (741,108    | )      |       |   | (567,662    | )       |   |   | (173,446                  | )      |   |   | 31     |   |   |   | (2,275,550 | ) |   |   | (1,495,898 | ) |   |   | (779,652 | ) |   |   | 52 |   |
|                   |   |                       |        |   |       |   |        |    |   |   |                      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Income from operations |   |                       | 5,016,209   |   |       |   | 5,596,548   |    |   |   | (580,339                  | )      |   |   | (10    | )      |   |   | 15,230,857 |   |   |   | 12,783,710 |   |   |   | 2,447,147 |   |   |   | 19 |   |
|                   |   |                       |        |   |       |   |        |    |   |   |                      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Other expenses         |   |                       | (25,143     | )      |       |   | (47,588     | )       |   |   | 22,445                    |   |   |   | (47    | )      |   |   | (116,154 | ) |   |   | (1,062,665 | ) |   |   | 946,511 |   |   |   | (89 | ) |
|                   |   |                       |        |   |       |   |        |    |   |   |                      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Income taxes           |   |                       | -           |   |       |   | -           |    |   |   | -                         |   |   |   | -      |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | - |   |
|                   |   |                       |        |   |       |   |        |    |   |   |                      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net income             |   |                       | 4,991,066   |   |       |   | 5,548,960   |    |   |   | (557,894                  | )      |   |   | (10    | )      |   |   | 15,114,703 |   |   |   | 11,721,045 |   |   |   | 3,393,658 |   |   |   | 29 |   |

----

|                               |   | For the three months ended May 31, |       |
|------------------------------------|--------|------------------------------------|------------|
|                               |   | 2011                               |       |   | 2010 |   |   | Amount |   |   | Percentage |   |
| Revenues                           |   |                               |       |   |   |   |   |   |   |   |   |   |
| Vocational Education - fee based   |   | $                                  | 10,001,591 |   |   | $ | 12,020,167 |   |   | $ | (2,018,576 | ) |   |   | -17 | % |
| Order-oriented service - fee based |   |                               | -          |   |   |   | - |   |   |   | - |   |   |   |   |   |
| Campus Services - service based    |   |                               | 6,864,329  |   |   |   | 5,215,749 |   |   |   | 1,648,580 |   |   |   | 32 | % |
|                               |   |                               | 16,865,920 |   |   |   | 17,235,916 |   |   |   | (369,996 | ) |   |   | -2 | % |
| Cost of Revenues                   |   |                               |       |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Vocational Education - fee based   |   |                               | 5,217,384  |   |   |   | 6,560,027 |   |   |   | (1,342,643 | ) |   |   | -20 | % |
| Order-oriented service - fee based |   |                               | -          |   |   |   | - |   |   |   | - |   |   |   |   |   |
| Campus Services - service based    |   |                               | 5,631,626  |   |   |   | 4,242,786 |   |   |   | 1,388,840 |   |   |   | 33 | % |
|                               |   |                               | 10,849,010 |   |   |   | 10,802,813 |   |   |   | 46,197 |   |   |   | 0 | % |
| Gross Profit                       |   |                               |       |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Vocational Education - fee based   |   |                               | 4,784,207  |   |   |   | 5,460,140 |   |   |   | (675,933 | ) |   |   | -12 | % |
| Order-oriented service - fee based |   |                               | -          |   |   |   | - |   |   |   | - |   |   |   |   |   |
| Campus Services - service based    |   |                               | 1,232,703  |   |   |   | 972,963 |   |   |   | 259,740 |   |   |   | 27 | % |
|                               |   | $                                  | 6,016,910  |   |   | $ | 6,433,103 |   |   | $ | (416,193 | ) |   |   | -6 | % |

| (1) | Revenues from vocational education primarily consist of tuition and fees derived from the programs we offer and collected from students based on the fee standards that are filed and approved by the related local authorities. For the three months ended May 31, 2011, total tuition and miscellaneous fees decreased 17% compared to tuition and miscellaneous fees for the three months ended May 31, 2010. The decrease was mainly attributable to the following: |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | We had a cooperation agreement with Dongying Marttime School which was effective on September 1, 2009, whereby we provided the student recruiting services to the Dongying Maritim School in exchange for a fixed percentage of tuition. We achieved revenue of $2,276,965 during the third quarter of fiscal 2010. There was no further cooperation agreement with the Dongying Maritime School in fiscal 2011. |
|--------|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | The second semester of fiscal 2011 began in February for four of our schools in Hunan province (Changsha HQ, Shaoshan HQ, Shaoshan and Shaoyang) and tuition and fees are proportionately recognized over five months from February to June. In fiscal 2010, the second semester ran from March to June in all of our schools and tuition and fees are proportionately recognized in the four months from March to June 2010. This also led to a decrease of revenue from vocational education for the three months ended May 31, 2011 over the same period of the prior year. |
|--------|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | Decrease in cost of teaching materials. The second semester of fiscal 2011 began in February in four of our schools (Changsha HQ, Shaoshan HQ, Shaoshan and Shaoyang), whereas the second semester of fiscal 2010 started in March in all of our schools. Since teaching materials such as textbooks were distributed to students at the very beginning of each semester, the cost of teaching materials for the three months ended May 31, 2011 decreased by $390,405 to $420,771 when compared with the amount of $811,176 for the same period last year. For the same reason, the maintenance expense, incurred for the three months ended May 31, 2011 decreased by $439,017 compared to the same period of prior year. |
|--------|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | Decrease in cost of school-running cooperation. In fiscal 2010, the Company received revenue from Shandong Dongying Maritime School on recruitment of Maritime students. During the third quarter of fiscal 2010, such revenue totaled $2,276,965 with a corresponding cost of $564,228. In fiscal 2011, the Company had no such cooperation with Shandong Dongying Maritime School. This lead to a decrease in the cost of school-running cooperation for the third quarter of fiscal 2011 compared to the same period of prior year. |
|--------|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|   | (2) | Campus services primarily consist of canteen services and grocery sales. Due to the increase in the student enrollment and fee rates, revenues from our campus services increased by $1,648,580 to $6,864,329, an increase of 32%, for the three months ended May 31, 2011 as compared to revenues of $5,215,749 for the three months ended May 31, 2010. Our management believes that going forward, in addition to the student enrollment factor, revenues from campus services will also increase along with the increase in the service categories we provide to students. |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|                               |   | For the nine months ended May 31, |       |
|------------------------------------|--------|-----------------------------------|------------|
|                               |   | 2011                              |       |   | 2010 |   |   | Amount |   |   | Percentage |   |
| Revenues                           |   |                              |       |   |   |   |   |   |   |   |   |   |
| Vocational Education - fee based   |   | $                                 | 29,005,264 |   |   | $ | 23,926,773 |   |   | $ | 5,078,491 |   |   |   | 21 | % |
| Order-oriented service - fee based |   |                              | 3,425,702  |   |   |   | 2,224,837 |   |   |   | 1,200,865 |   |   |   | 54 | % |
| Campus Services - service based    |   |                              | 13,571,232 |   |   |   | 10,958,480 |   |   |   | 2,612,752 |   |   |   | 24 | % |
|                               |   |                              | 46,002,198 |   |   |   | 37,110,090 |   |   |   | 8,892,108 |   |   |   | 24 | % |
| Cost of Revenues                   |   |                              |       |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Vocational Education - fee based   |   |                              | 16,116,417 |   |   |   | 13,167,499 |   |   |   | 2,948,918 |   |   |   | 22 | % |
| Order-oriented service - fee based |   |                              | 326,278    |   |   |   | 166,979 |   |   |   | 159,299 |   |   |   | 95 | % |
| Campus Services - service based    |   |                              | 11,453,793 |   |   |   | 8,983,353 |   |   |   | 2,470,440 |   |   |   | 28 | % |
|                               |   |                              | 27,896,488 |   |   |   | 22,317,831 |   |   |   | 5,578,657 |   |   |   | 25 | % |
| Gross Profit                       |   |                              |       |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Vocational Education - fee based   |   |                              | 12,888,847 |   |   |   | 10,759,274 |   |   |   | 2,129,573 |   |   |   | 20 | % |
| Order-oriented service - fee based |   |                              | 3,099,424  |   |   |   | 2,057,858 |   |   |   | 1,041,566 |   |   |   | 51 | % |
| Campus Services - service based    |   |                              | 2,117,439  |   |   |   | 1,975,127 |   |   |   | 142,312 |   |   |   | 7 | % |
|                               |   | $                                 | 18,105,710 |   |   | $ | 14,792,259 |   |   | $ | 3,313,451 |   |   |   | 22 | % |

| (1) | Revenues from vocational education primarily consisted of tuition and fees derived from the programs we offered and collected from students based on the fee standards that are filed and approved by the related local authorities. For the nine months ended May 31, 2011, total tuition and miscellaneous fees had an increase of 21% as compared to tuition and miscellaneous fees for the nine months ended May 31, 2010. The increase was the result of increases in our student enrollment and tuition rates as well as the expansion of our business. |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | Our student enrollment increased to 37,408 and 36,926 for the first and second semester of fiscal 2011 as compared to 32,238 and 34,477 for the first and second semester of fiscal 2010, representing an increase of 16% and 7%. Our order-oriented education mode, excellent job placement rate and great reputation have attracted a greater number of students to study in our schools. |
|--------|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | Our tuition rates for fiscal year 2011 increased 11% compared with fiscal year 2010. The increase in tuition rates also led to the increase in revenue. |
|--------|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | Increase in faculty and staff members in schools. The commencement of operation of the new school and the increase in student enrollment led to an increase in faculty and staff members. Besides, the Company increased the pay rates for teachers to improve their income levels. Therefore, salary and welfare for the nine months ended May 31, 2011 increased $549,478 as compared with the amount for the same period of the prior year. |
|--------|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | Increase in cost of school-running cooperation. The Company has put more efforts in expanding the scale of continuing education in fiscal year 2011. For the first and second semester of fiscal 2011 the total number of students enrolled in continuing education program was 3,756 and 3,839, representing an increase of 113% and 90% when compared with the number of students for the same period of last year. This led to an increase of $859,021 or 51% in cost of school-running cooperation as compared with the nine months ended May 31, 2011. |
|--------|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | Increase in depreciation expenses. With the expansion of business and acquisition of assets including construction of buildings and acquisition of teaching facilities, related depreciation expenses increased accordingly. Depreciation expenses for the nine months ended May 31, 2011 increased $422,323 or 32% when compared with depreciation expenses for the same period the prior year. |
|--------|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|   | (2) | Order-oriented services refer to off-campus internship arrangement and job placement service provided to our students. Revenues generated from order-oriented services for the nine months ended May 31, 2011 was $3,425,702, representing an increase of $1,200,865 or 54% when compared to $2,224,837 for the nine months ended May 31, 2011. The significant increase in our order-oriented education revenue is mainly attributable to the increase of fee rates we charged to our students and enterprises. The fixed management fees we charged to our students per month increased approximately 50%, and our commission fees charged to enterprise sponsors increased approximately 260% for the first semester of fiscal 2011 compared with the same period the prior year. |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (3) | Campus services primarily consist of canteen services and grocery sales. Due to the increase in the student enrollment, revenues from our campus services increased by $2,612,752 to $13,571,232, an increase of 24%, for the nine months ended May 31, 2011 as compared to revenues of $10,958,480 for the nine months ended May 31, 2010. Our management believes that going forward, in addition to the student enrollment factor, revenues from campus services will also increase along with the increase in the service categories we provide to students. |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (1) | The operation of the new schools and an increase in the student enrollment. Tianzhen HQ Vocational School commenced operations in September 2010 and we employed more management personnel for this new school. Meanwhile the increased student enrollment in the other schools demanded additional management personnel. This led to an increase of $124,352 in salaries and welfare, representing an increase of 21%. |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (2) | The professional services fees mainly include legal fees, audit fees, secretary service fees and consulting fees. We incurred $251,467 professional services fees for the nine months ended May 31, 2011 primarily for our recent financing activities. However, there was only $41,967 in professional services fees incurred during the same period the prior year, which led to an increase of $209,500 of general and administrative expenses. |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

----

----

| (a) | Tuition revenue received from educational programs and services is recognized proportionately according to the progress the student completes regarding educational programs in the school. Tuition paid in advance is recorded as unearned revenues. |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (b) | We provide off-campus internship arrangements for students and collect service charges at fixed amount from both recruiters and students. Revenue is recognized upon completion of the internship program. |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (c) | We provide other services, mainly logistic services, for our students and the revenue from such services is recognized upon completion of the service. |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------|

----

----

| Exhibit No.  |   | Description                                                                                                                                                                           |
|------------------------|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                   |   |                                                                                                                                                                                  |
| 31.1                   |   | Certifications pursuant to Rule 13a-14(a) or 15d-14(a) under the Securities Exchange Act of 1934, as amended, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002. * |
|                   |   |                                                                                                                                                                                  |
| 31.2                   |   | Certifications pursuant to Rule 13a-14(a) or 15d-14(a) under the Securities Exchange Act of 1934, as amended, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002. * |
|                   |   |                                                                                                                                                                                  |
| 32.1                   |   | Certifications pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002. *                                                            |
|                   |   |                                                                                                                                                                                  |
| 32.2                   |   | Certifications pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002. *                                                            |

| * | Filed herewith. |
|---|-----------------|

----

| July 14, 2011 | HQ Global Education Inc. |
|---------------|--------------------------|
|          |                     |
|          | By:                      | /s/ Guanwen He |
|          |                     | Guanwen He |
|          |                     | Chief Executive Officer |
|          |                     | (Principal Executive Officer) |

|   | By:    | /s/ Yunjie Fang                              |
|--------|--------|----------------------------------------------|
|   |   | Yunjie Fang                                  |
|   |   | Chief Financial Officer                      |
|   |   | (Principal Financial and Accounting Officer) |

----