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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