EX-8.1 3 ambo-20231231xex8d1.htm EXHIBIT 8.1

Exhibit 8.1

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List of Subsidiaries and Consolidated Affiliated Entities

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As of December 31, 2023, the Company’s subsidiaries and consolidated affiliated entities include the following entities:

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​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | ​ |  | Place of | ​ | Percentage |  | ​
​ | ​ | Date of | ​ | incorporation | ​ | of | ​ | ​
​ | ​ | incorporation | ​ | (or establishment) | ​ | ownership | ​ | ​
Name |  | or acquisition |  | /operation |  | % |  | Principal activity
Subsidiaries | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  |  |  |  | ​ | ​ |  |
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 of Architecture and Design, LLC (“NewSchool”) | ​ | March 6, 2020 | ​ | United States | ​ | 100 | % | CP&CE Programs

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