Validly Existing. Yuanbo and each of it’s the early childhood educational institutions under it is an entity incorporated and validly existing under applicable laws. Yuanbo Education and any early childhood educational institutions under it have fully paid their respective registered capitals or start-up capital according to the payment schedule set out in their respective articles of association, approval documents, business licenses, Registration Certificate of Private Non-Enterprise Entities (Legal Person) and Permit for Operation of Schools for Privately-run Schools (the “Incorporation Documents”), which is in compliance with the requirements of the PRC laws. There is no registered capital or start-up capital that has not been paid or delayed in payment, and there is no registered capital or start-up capital that has been taken away. All the Incorporation Documents of Yuanbo Education and any early childhood educational institutions under it have been legally and validly approved or registered (if required), and are valid and enforceable under the laws of the PRC. The business scopes of Yuanbo Education and any early childhood educational institutions under it as set forth in the Incorporation Documents are met with the PRC legal requirements. The production and business operation of Yuanbo Education and any early childhood educational institutions under it are in compliance with the laws of the PRC. All certificates, licenses, and permits required under the laws of the PRC for the production and business operation of Yuanbo Education and any early childhood educational institutions under it have been applied for and obtained according to laws; The early childhood educational institutions under Yuanbo Education, which include: Jiaxing Qing An Kindergarten, Wuxi City Binhu District Qing An Little Cambridge Kindergarten, Jiaxing City Nanhu District Qing An Little Cambridge Kindergarten, Jiaxing Qing An ▇▇▇ ▇▇▇▇▇ Kindergarten, Jiaxing Qing An Little Harvard Kindergarten, Shaoxing City Yuecheng District Victoria Kindergarten, Haining City Qing An Kindergarten, Ningbo City Yinzhou District Zonggong Temple Qing An Little Oxford Kindergarten, Shanghai Jinshan District Private-Run Little Harvard Kindergarten, Jiaxing City Xiuzhou Experimental Kindergarten, Deqing County Green-City Qing An Kindergarten, Haiyan County Qing An Yijia Garden Kindergarten, Tongxiang City Qing An Happy Kids Kindergarten, Wuxi City Binhu District Qinxin Experimental Kindergarten, Tongxiang City Huali Kindergarten, Tongxiang City Qing An Little Oxford Kindergarten (collectively referred to as the “Educational Institutions”), have carried out (including, without limitations) all registration formalities with national and local civil affairs bureaux and education bureaux of the PRC, as well as other relevant administrative departments in respect of their investment and operation. All approvals or permits in relation thereto have been obtained according to laws; Yuanbo Education and the Educational Institutions have completed their respective registration formalities with the relevant administrative department in respect of their cooperation with offshore organizations that is necessary for their business operation. All approvals or permits in relation thereto have also been obtained according to laws (if applicable). Moreover, all of the above permits, approvals, or registration are validly existing. Yuanbo Education and the Educational Institutions have passed an annual inspection conducted by the relevant body authorized by the government with respect to all of their certificates, licenses and permits, if any.
Appears in 1 contract
Sources: Investment Agreement (Noah Education Holdings Ltd.)
Validly Existing. Yuanbo Each of Wentai Education and each of it’s the early childhood educational institutions under it Zhongda Foundation is an entity incorporated and validly existing under applicable laws. Yuanbo Wentai Education and any early childhood educational institutions under it Zhongda Foundation have fully paid their respective registered capitals or start-up capital according to the payment schedule set out in their respective articles of association, approval documents, documents and business licenses, Registration Certificate of Private Non-Enterprise Entities (Legal Person) and Permit for Operation of Schools for Privately-run Schools licenses (the “Incorporation Documents”), which is in compliance with the requirements of the PRC laws. There is no registered capital or start-up capital that has not been paid or delayed in payment, and there is no registered capital or start-up capital that has been taken away. All the Incorporation Documents of Yuanbo Wentai Education and any early childhood educational institutions under it Zhongda Foundation have been legally and validly approved or registered (if required), and are valid and enforceable under the laws of the PRC. The business scopes of Yuanbo Wentai Education and any early childhood educational institutions under it Zhongda Foundation as set forth in the Incorporation Documents are met with the PRC legal requirements. The production and business operation of Yuanbo Wentai Education and any early childhood educational institutions under it Zhongda Foundation are in compliance with the laws of the PRC. All certificates, licenses, licenses and permits required under the laws of the PRC for the production and business operation of Yuanbo Wentai Education and any early childhood educational institutions Zhongda Foundation under it the laws of the PRC have been applied for and obtained according to laws; The early childhood educational institutions under Yuanbo Education, which include: Jiaxing Qing An Kindergarten, Wuxi City Binhu District Qing An Little Cambridge Kindergarten, Jiaxing City Nanhu District Qing An Little Cambridge Kindergarten, Jiaxing Qing An ▇▇▇ ▇▇▇▇▇ Kindergarten, Jiaxing Qing An Little Harvard Kindergarten, Shaoxing City Yuecheng District Victoria Kindergarten, Haining City Qing An Kindergarten, Ningbo City Yinzhou District Zonggong Temple Qing An Little Oxford Kindergarten, Shanghai Jinshan District Private-Run Little Harvard Kindergarten, Jiaxing City Xiuzhou Experimental Kindergarten, Deqing County Green-City Qing An Kindergarten, Haiyan County Qing An Yijia Garden Kindergarten, Tongxiang City Qing An Happy Kids Kindergarten, Wuxi City Binhu District Qinxin Experimental Kindergarten, Tongxiang City Huali Kindergarten, Tongxiang City Qing An Little Oxford Kindergarten (collectively referred to as the “Educational Institutions”), Wentai Education and Zhongda Foundation have carried out (including, including without limitationslimitation) all registration formalities with national and local civil affairs bureaux and education bureaux of the PRC, as well as other relevant administrative departments in respect of their the investment in and operationoperation of all compulsory and early childhood educational institutions developed by them, which include: Chunmiao Kindergarten in Nanshan District, Shenzhen, Foreign Language School attached to Zhongda in Dongguan, Huizhou Foreign Language School, Kindergarten of Huizhou Foreign Language School, Foreign Language School attached to Sun Yat-Sen University in Nanhai District, Foshan, Kindergarten of Four Seasons Flower City Foreign Language School attached to Sun Yat-Sen University in Nanhai District, Foshan, Foreign Language Kindergarten (No. 2 Kindergarten) attached to Zhongda in Nanhai District, Foshan, Lanshan Foreign Language Experimental Primary School attached to Zhongda in Baiyun District, Guangzhou, Lanshan Foreign Language Experimental Kindergarten attached to Zhongda in Baiyun District, Guangzhou, (Vanke City) Foreign Language Kindergarten attached to Zhongda in Luogang District, Guangzhou (collectively referred to as the “Educational Institutions”). All approvals or permits in relation thereto have been obtained according to laws; Yuanbo Wentai Education and the Educational Institutions Zhongda Foundation have completed their respective registration formalities with the relevant administrative department in respect of their cooperation with offshore organizations that is necessary for their business operation. All approvals or permits in relation thereto have also been obtained according to laws (if applicable). Moreover, all of the above permits, approvals, approvals or registration are validly existing. Yuanbo Wentai Education and the Educational Institutions Zhongda Foundation have passed an annual inspection conducted by the relevant body authorized by the government with respect to all of their certificates, licenses and permits, if any.
Appears in 1 contract
Sources: Investment Agreement (Noah Education Holdings Ltd.)