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ORGANIZATION AND PRINCIPAL ACTIVITIES (Tables)

12 Months Ended

Dec. 31, 2020

ORGANIZATION AND PRINCIPAL ACTIVITIES

Schedule of the Company's Major Subsidiaries and VIEs

				Place of
		Date of		incorporation		Percentage of
		incorporation		(or establishment)		ownership
Name		or acquisition		/operation		%		Principal activity
Subsidiaries
Ambow Education Management (Hong Kong) Ltd.		November 9, 2009		Hong Kong		100	%	Investment Holding
Ambow Chuangying		January 18, 2008		PRC		100	%	Investment Holding
Ambow Shengying		October 13, 2008		PRC		100	%	Investment Holding
Beijing BoheLe		April 30, 2020		PRC		100	%	Investment Holding
Ambow Education Inc.		July 5, 2016		United States		100	%	Investment Holding
Ambow BSC Inc.		February 14, 2017		United States		100	%	Investment Holding
Bay State College Inc.		November 20, 2017		United States		100	%	CP&CE Programs
Ambow NSAD Inc.		May 8, 2019		United States		100	%	Investment Holding
NewSchool		March 6, 2020		United States		100	%	CP&CE Programs

				Place of
		Date of		incorporation		Percentage of
		incorporation		(or establishment)		ownership
Name		or acquisition		/operation		%		Principal activity
Variable interest entities and subsidiaries of VIEs
Ambow Shida		July 30, 2004		PRC		100	%	Investment Holding
Shanghai Ambow		May 16, 2006		PRC		100	%	Investment Holding
Ambow Sihua		April 17, 2007		PRC		100	%	Investment Holding
Ambow Rongye Education and Technology Co., Ltd. (“Ambow Rongye”)		September 8, 2015		PRC		100	%	Investment Holding
Ambow Zhixin Education and Technology Co., Ltd. (“Ambow Zhixin”)		October 14, 2015		PRC		100	%	Investment Holding
IValley		March 13, 2017		Taiwan		100	%	Investment Holding
Beijing Le’An		January 17, 2020		PRC		100	%	Operational Services to K-12 School
Jinan Wangrong Investment Consulting Co., Ltd.		May 21,2010		PRC		100	%	CP&CE Programs
Chongqing XiaTe Technology Development Co., Ltd. (“Chongqing XT Career Enhancement”)		January 13, 2011		PRC		100	%	CP&CE Programs
Beijing Genesis Education Group (“Genesis Career Enhancement”)		May 1, 2011		PRC		100	%	CP&CE Programs
Beijing Ambow Dacheng Education and Technology Co., Ltd.		December 2, 2013		PRC		100	%	CP&CE Programs
GTE (Shanghai) Education Training Co., Ltd. (“GTE Shanghai”)		April 27, 2016		PRC		100	%	CP&CE Programs
GTE (Beijing) Education Training School Co., Ltd. (“GTE Beijing”)		February 12, 2020		PRC		100	%	CP&CE Programs
IValley Beijing		September 15, 2017		PRC		100	%	CP&CE Programs
Beijing Century Zhisheng Education Technology Co., Ltd		July 26, 2007		PRC		100	%	CP&CE Programs
Changsha Jingcai Education Technology Co., Ltd.		February 1, 2019		PRC		100	%	Investment Holding
Beijing Zhong’an Ambow Culture Technology Co., Ltd. (“ZhongAn Ambow”)		May 1, 2019		PRC		51	%	CP&CE Programs

				Place of
		Date of		incorporation		Percentage of
		incorporation		(or establishment)		ownership
Name		or acquisition		/operation		%		Principal activity
Schools of VIEs
Hunan Changsha Tongsheng Lake Experimental School (“Changsha K-12”)		June 18, 1999		PRC		100	%	K-12 School
Shenyang Universe High School (“Shenyang K-12”)		December 8, 2003		PRC		100	%	K-12 School
Shuyang Galaxy School (“Shuyang K-12”)		November 1, 2008		PRC		100	%	K-12 School
Zhenjiang Ambow Education Training Center		June 15, 2009		PRC		100	%	CP&CE Programs
Changsha FR Jingcai Xiuye Tutoring School Co., Ltd.		October 18, 2018		PRC		100	%	CP&CE Programs
Changsha YL Jingcai Xiuye Tutoring School Co., Ltd.		January 29, 2019		PRC		100	%	CP&CE Programs
Changsha YH Jingcai Xiuye Tutoring School Co., Ltd.		July 24, 2019		PRC		100	%	CP&CE Programs
Changsha KF Jingcai Xiuye Tutoring School Co., Ltd.		December 11, 2020		PRC		100	%	CP&CE Programs
Changsha WC Xiuye Tutoring School Co., Ltd.		February 1, 2019		PRC		100	%	CP&CE Programs
Changsha FR Xiuye Tutoring School Co., Ltd.		February 1, 2019		PRC		100	%	CP&CE Programs
Changsha TX Xiuye Tutoring School Co., Ltd.		December 3, 2019		PRC		100	%	CP&CE Programs
Lanzhou Anning Ambow English Training School		May 16, 2011		PRC		100	%	CP&CE Programs
Lanzhou Chengguan Ambow English Training School		March 5, 2012		PRC		100	%	CP&CE Programs
Lanzhou Ambow Extracurricular Training School Co., Ltd.		November 7, 2018		PRC		100	%	CP&CE Programs
Beijing Haidian Ambow Xinganxian Training School (“Beijing Xinganxian”)		March 28, 2005		PRC		100	%	CP&CE Programs
Beijing Huairou Xinganxian Training School		March 10, 2011		PRC		100	%	CP&CE Programs
Shandong Shichuang Software Training School		September 22, 2009		PRC		100	%	CP&CE Programs

Schedule of Consolidated Financial Information of the Group's VIEs were Included in the Accompanying Consolidated Financial Statements of the Group

		As of December 31,
		2019		2020
		RMB		RMB
Total assets		684,384		653,657
Total liabilities		647,775		665,374

		Years ended December 31,
		2018		2019		2020
		RMB		RMB		RMB
Net revenue		447,834		503,221		411,805
Net income (loss)		66,185		(45,739)		(44,603)

Schedule of the Group's cash and cash equivalents in RMB held by the Group's VIEs and non-VIE in PRC

		As of December 31,
		2019		2020
		RMB		RMB
VIEs in PRC		86,304		60,044
Non-VIEs in PRC		52,115		4,207
Total		138,419		64,251

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