Exhibit 8.1

 

List of Subsidiaries and Consolidated Affiliated Entities

 

During 2024, the Company’s major subsidiaries include the following entities:

 

Name Subsidiaries  Date of
incorporation
or acquisition		  Place of
incorporation
(or establishment)
/operation		  Percentage
of ownership
%		   Principal activity
             
Ambow Education Inc.  July 5, 2016  United States   100%  Investment Holding
               
Ambow BSC Inc. (Note i)  February 14, 2017  United States   100%  Investment Holding
               
Bay State College Inc. (Note i)  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

 

(Note i) Ambow BSC Inc. and Bay State College Inc. were dissolved in 2024.