A Knowledgeable Man Wins The Whole World 2018 BOJUN EDUCATION COMPANY LIMITED () : 1758
2 3 5 7 8 28 56 61 71 92 96 97 99 100 102 155
17 2018 9 12 2018 9 110,173 1,391 852 2001 2001 6 2012 4 2018 9 2001 2018 2
Cricket Square Hutchins Drive PO Box 2681 Grand Cayman KY1-1111 Cayman Islands 288 3 2018
3 21 Conyers Trust Company (Cayman) Limited Cricket Square Hutchins Drive P.O. Box 2681 Grand Cayman KY1-1111 Cayman Islands 183 22 1758 http://bojuneducation.com +86-28-86002115 BJJY@bojuneducation.com 2018 4
8 31 2015 2016 2017 2018 103,223 135,371 181,240 231,259 35,304 49,387 59,134 61,814 20,597 31,909 35,050 15,308 14,778 30,035 37,858 26,294 21,117 29,453 35,377 17,133 0.04 0.07 0.06 0.03 8 31 2015 2016 2017 2018 (%) 34.2% 36.5% 32.6% 26.7% (%) 20.0% 23.6% 19.3% 6.6% (%) 14.3% 22.2% 20.9% 11.4% 5 2018
8 31 2015 2016 2017 2018 158,774 326,001 274,041 848,658 848,318 386,225 427,327 631,127 945,807 376,280 333,295 621,778 (97,489) 9,945 94,032 9,349 61,285 335,946 368,073 858,007 8,061 6,196 2,946 45,634 53,224 329,750 365,127 812,373 133,653 213,089 224,341 671,226 77,870 373,579 332,531 607,062 100,305 144,389 201,325 280,481 79,000 60,000 8 31 2015 2016 2017 2018 0.90 1.03 1.28 1.02 166.6% 2.2% 1.0% 7.4% 8 31 2015 2016 2017 2018 153,507 69,668 127,812 126,931 2018 6
2018 7 31 2018 8 31 2018 8 31 231.327.6% 56.3%15.3 26.330.5% 17 2017 9 17,211 24.6% 2018 91.7% K12 2018 9 11,2002019 2018 11 27 7 2018
2018 7 9 1980 1990 2016 2,084,000 17.4% 2016 19.3%37.2% 578,20028.8% 11.4% 2012552016109 18.7%20168.6% 20172021 127 224 15.1% 20121.720162.15.6% 11.1% 201280,500 2016122,500 201220166.4% 2010 20212.7 2018 8
2017/2018 2017/20186.6% 0.4% 2016/20175.2% 0.5% 201891.7% 201792.0% 9 2018
2017 9 17,2111,5565,325330 2,885 2,726 330 171 1,537 993 903 313 5,655 4,203 321 308 303 327 241 258 278 272 146 151 267 270 1,556 1,586 7,211 5,789 2018 10
2017 9 1 58098.6% 25% (1) 192 177 170 107 82 36 24 23 29 29 27 26 22 21 13 11 21 21 580 451 (1) 11 2018
(1) 1:15.0 1:15.4 1:9.2 1:8.1 1:11.5 1:11.6 1:11.0 1:8.7 1:13.4 1:13.4 1:10.5 1:11.3 1:8.9 1:9.9 1:12.6 1:13.0 1:11.2 1:13.7 1:12.7 1:12.9 (1) 20172018 8 31(i)95.0% 94.1% (ii) 91.7% 93.2% (iii) 84.0% 66.2%(1) (1) 2018 9 2018 78 2018 8 31 2018 12
2016/2017 2017/2018 28,00032,000 1,2002016/2017 2017/2018 26,16048,960 28,000-33,200 28,000-33,200 33,200 33,200 29,200-33,200 29,200-33,200 33,200 33,200 33,360-40,560 33,360-40,560 38,160-45,360 38,160-45,360 26,160-27,360 26,160-27,360 44,160-48,960 44,160-48,960 34,560-41,760 34,560-41,760 36,960-44,160 36,960-44,160 (1) (2) (%) 330 171 360 180 91.7 95.0 5,325 4,032 5,762 4,413 92.4 91.4 1,556 1,586 1,865 1,835 83.4 86.4 7,211 5,789 7,987 6,428 90.3 90.1 13 2018
(1) (2) (3) 2018 14
(a) 1) 2017 8 3,200 2018 9 2021 9 2017 8 4,000 2018 9 2021 9 2017 12 3200 2019 9 2022 9 15 2018
2018 8 4,500 2019 9 2022 9 2018 11 4,000 2020 9 2023 9 2) 2017 7 960 2019 9 1 2017 9 4,000 51% 49%2018 9 2018 1Excelsior School System Inc. 9 12 (Western Association of Schools and Colleges) 7 12 70% 30% 2018 16
2019 9 (1) 960 4,500 3,200 240 8,900 1. (b) 2018 9 3,055 3,300 2,487 3,500 *** 1,635 2,000 * 318 3,200 * 412 4,000 * 979 4,000 ** 1,287 1,865 10,173 21,865 * 2018 9 ** *** 17 2018
(c) 16 (d) (e) 2018 18
(i) 2018 4 20 2018 8 10 (ii) 2018 9 17 2018 372020 9 1 2021 9 12023 9 1 2022 9 1 (iii) 2018 11 15 2018 8 3124.6% 2018 9 112.7% 19 2018
% % 56,781 24.6 56,233 31.0 169,151 73.1 121,370 67.0 225,932 97.7 177,603 98.0 5,327 2.3 3,637 2.0 231,259 100.0 181,240 100.0 2017 8 31 181.250.027.6%2018 8 31 231.3 2016 9 15,78924.6% 2017 9 17,211 2018 20
20172018 8 31 67.4% 73.3% 98,115 72,219 19,850 17,646 11,727 9,554 22,991 8,260 7,929 6,265 1,077 2,864 2,229 1,910 2,242 1,120 3,285 2,268 169,445 122,106 2017 8 31 122.147.338.8%2018 8 31 169.4 (i) 2017 8 31 72.225.935.9%2018 8 31 98.1 (i)2016 9 1451 2017 9 1 5802016 9 1320 2017 9 1444(ii)2018 8 31 (ii) 2017 8 31 17.62.212.5%2018 8 31 19.9 (iii) 2017 8 31 9.62.222.7%2018 8 31 11.7 (iv) 2017 8 31 8.314.7178.3%2018 8 31 23.0 21 2018
% % 174,478 46,241 26.5 125,007 41,167 32.9 56,781 15,573 27.4 56,233 17,967 32.0 231,259 61,814 26.7 181,240 59,134 32.6 2017 8 3132.9%2018 8 3126.5% (i)(ii) 2018 8 31 2017 8 3132.0%2018 8 3127.4% 2018 8 31 (i) (ii) (iii) 2017 8 31 8.75.057.5%2018 8 31 3.7 2018/2019 6.8 2017 8 31 7.710.0130.3%2018 8 31 17.6 2017 8 31 21.68.238.0%2018 8 31 29.9 2018 22
2017 8 31 1.40.426.9%2018 8 31 1.02018 8 31 20172018 8 31 1.81.8 2017 8 31 35.119.756.3%2018 8 31 15.3 (i)10.0(ii) 2018/2019 6.8 (iii) 2017 8 31201.379.239.3%2018 8 31280.5 15,308 35,050 (3,323) (2,426) (3,311) (2,416) 17,620 7,650 26,294 37,858 23 2018
2018 8 3126.3 2017 8 3137.9 11.630.5% 2018 8 31 60.02018 8 31 140%20172018 8 31332.5607.1 2018 8 31 126,931 127,812 (359,813) (69,637) 506,824 (99,223) 273,942 (41,048) 332,531 373,579 589 607,062 332,531 2018 8 311,3912017 8 31 1,114 2018 8 31 121.0201786.5 2018 24
(i) (ii) (iii)(iv) (327,855) (64,107) (82,586) (35,536) 53,506 46 2017 8 311.0% 2018 8 317.4%2018 8 31 25 2018
102018 8 31 60,0002017 2018 8 31 2018 8 31 2018 8 31 2017 8 31 13.20 13.21 13.22 2018 8 31 2018 8 31 2018 8 31 2018 26
494.0 428.92018 7 19 2018 8 31 % 28% 120.1 108.0 12.1 28% 120.1 106.7 13.4 22% 94.4 36.7 57.7 9% 38.6 31.1 7.5 5% 21.4 2.0 19.4 3% 12.9 12.9 5% 21.4 21.4 100% 428.9 305.9 123.0 27 2018
2018 8 31 2016 6 142219613 2018 7 31 2018 8 31 1 32 2018 8 31 2018 8 31 (i) (ii) (iii) (iv) (v) 2018 28
(vi) (vii) 2018 7 19 2018 8 31 2018 8 31 2019 1 18 2019 1 182019 1 15 2019 1 18 2019 1 14 18322 29 2018
2018 8 31 5% 2018 8 31 94.9% 69.5% 2018 8 315% 2018 8 31 2018 8 3114 2.36223,510,000 494.0428.9 2018 8 31 305.9 2018 8 3126 2018 8 31 2018 30
2018 8 31 669.634 2018 8 3123 2018 8 31 2016 10 13 2016 10 13 2016 10 13 2016 10 13 2016 10 13 2018 7 11 2018 7 11 2018 7 11 84 2018 12 17 3.13 2018 8 31 31 2018
2018 8 31 486 2018 8 31 486 2018 8 31 2018 8 31 11 2018 32
25 2018 8 31 XV XV7 8 352 1 213,120,000 25.88% 83,160,000 10.10% 2 83,160,000 10.10% 213,120,000 25.88% 3 123,390,000 14.98% 1. 213,120,000 83,160,000 2. 83,160,000 213,120,000 3. 123,390,000 2018 8 31 XVXV7 8 352 33 2018
18 2018 8 31 336XV2 3 1 213,120,000 25.88% 2 123,390,000 14.98% 3 83,160,000 10.10% 4 123,390,000 14.98% 5 150,000,000 18.21% 5 150,000,000 18.21% 5 150,000,000 18.21% 5 150,000,000 18.21% 2018 34
5 150,000,000 18.21% 5 150,000,000 18.21% 5 150,000,000 18.21% 5 150,000,000 18.21% 1. 2. 3. 4. 123,390,000 5. 1269 2018 8 31 XV2 3 336 35 2018
2018 7 12 (i) (ii) (aa) (bb) (cc) (dd) (ee) (ff) (gg) (hh) (iii) (aa) 30% (bb) 10%80,000,000 2018 36
(iv) 1% (v) (vi) (vii) (viii) (i) (ii)(iii) 1 (xi) 2018 8 31 37 2018
2018 8 31(i) (ii) (i) 2018 8 31 2018 8 31 2018 8 31 2016 9 1 408.8516,354 40.0 2018 38
20172018 8 310.2 95% 5% 5% 3,000,00014A.76 14A A. 100% 3,6,7,9 1 2,8 4,5 100% 39 2018
1. (1) 2. (1) 3. (2) 4. (3) (4) 5. (3) (5) 6. (6) 7. (7) 8. (8) 9. (9) 2018 40
B. (1) (i) (ii) (i) (ii) (iii)(iv) (i) (ii) 41 2018
(2) (3) (i) (ii) 2018 42
(4) (3) (5) (3) 43 2018
(6) 2018 1 26 (7) (8) 2018 44
(i) (ii) (iii) (9) 2017 8 30 2018 1 26 C. D. 8 31 8 31 8 31 2018 2017 2018 2017 2018 2017 231,259 181,240 42,251 47,492 1,053,282 595,025 45 2018
E. (i)(ii) 8 31 2018 8 31 2018 231,259 1,053,282 F. 1. 2012 6 18 2017 6 282017 7 28 2. (a) (b) 2018 46
50% 3. 2016 8 19 2018 1 29 70% 30% 3.2 12.9 1.9 47 2018
4. 2015 1 2018 3 2018 (i) 50% (ii) 50%(a) 50% (b) 50%(c) (iii) 19 2018 48
(a) (b) (c) 49 2018
G. (a) (b) (c) (d) 2018 50
(e) (f) (g) (h) (i) H. 2018 8 31 I. (2) 51 2018
14A 14A (i)14a.105 14A(ii)14A.53 2018 52
(i) 2018 8 31 (ii) (iii) 2018 8 31 a. b. c. 2018 8 3129 53 2018
2018 8 31 2018 8 31 164(1) 2018 8 31 25% 2018 8 31 2018 54
55 2018
54 2016 6 2016 10 2018 7 192003 4 1982 7 45 2016 9 30 2016 10 132018 7 182004 3 1998 7 55 2016 9 30 2016 10 13 192006 11 2000 12 2013 4 2018 56
45 2016 9 2016 10 2018 7 181999 72012 5 2012 5 2015 8 2016 3 2016 5 2016 9 2016 102017 11 1269 2017 5 2017 6 2017 12 1996 7 2000 1 2009 6 48 2016 9 30 2016 10 13 19 1999 92002 8 2004 2 2007 3 2007 5 2010 3 EV Capital Pte Ltd 2015 42015 122012 32015 121269.hk (a) 03788 2011 2(b) 01252 2012 12(c) 01626 2014 6(d)00485 20147 (a) 0023782010 112017 5 (b) 57 2018
002327 2013 122017 9 (c) 002272 2016 32017 8 (d) 002369 2016 7(e) 002812 2017 4 (a) 002378 2017 5(b) 002272 2017 8 1993 122004 6 1993 122002 9 46 2018 7 11 9 2005 12012 6 0494 2014 7 0485 2016 11 1629 2017 12969 2014 1 1996 11 2006 12 2009 12 2017 11 1999 72004 7 2001 92011 11 2016 11 68 2018 7 11 2001 72015 720042001 4 2008 10 600466 1982 1 1987 7 2018 58
69 2018 7 11 441973 72005 21973 7 2004 72001 62009 4 1985 6 2003 4 2007 32007 5 55 2016 62018 9 351984 71996 71996 7 2009 122009 122016 5 1984 7 46 2012 42015 92017 8 2016 42017 8 231995 72005 7 2005 72012 3 2017 9 1995 7 2007 1 59 2018
502018 7 32015 9 19861998 1995 71998 7 1998 2006 2006 4 2002 7 45 2018 7 310 00485 91996 11 2004 11 2018 60
2018 8 31 14 2018 8 31 61 2018
2018 7 3113.51(2) (a) (e) (g) 2018 7 313.10(1) 3.10(2) 3.10A 3.13 2018 62
2018 8 31 A.2.1 (3) 63 2018
2018 8 31 1/1 1/1 1/1 1/1 1/1 1/1 1/1 1/1 2018 7 312018 8 31 10 2018 8 31 (a) (b) 2018 64
(c) (d) (e) (f) 3.21 2018 7 1214 C3 2018 7 312018 7 122018 8 31 2018 8 31 65 2018
2018 7 1214A.5 2018 7 312018 7 122018 8 31 3.252018 7 1214 B.1 2018 7 312018 7 122018 8 31 2018 66
2018 8 31 1 1 12 2018 8 31 (i) (ii)(iii) 67 2018
2012 6 2018 8 31 2018 8 31 2018 8 31 1,388 1,388 2018 8 31 3.29 15 2018 68
2018 7 122018 8 31 58 (2) (21) 288 +86 28 8600 2115 BJJY@bojuneducation.com 69 2018
(http://bojuneducation.com) 2018 70
1 1.1.1 2001 2 2.1 2.1.1 2017 9 12018 8 31 2.1.2 2018 9 112 121 2018 9 2.2 2.2.1 27 ESG ESG 2.2.2 ESG 14 2.2.3 8320 71 2018
2.3 2.3.1 2.3.2 3 2018 11 27 2018 72
4 4.1.1 4.1.2 4.1 4.1.3 4.1.4 73 2018
4.1.5 92% 2016/2017 4.1.6 4.1.7 2018 74
2017 4.1.8 4.1.9 75 2018
4.1.12 4.1.13 2017 11 19 2018 DIY 4.1.14 2018 4.1.15 2018 76
4.1.16 5 5.1.1 5.1.2 5.1 5.1.3 5.1.4 77 2018
5.1.5 5.1.6 8 51 5.2 5.2.3 1,391 2017/18 1,391 5 307 841 238 < 35 817 35 50 460 > 51 114 1,391 11.41% 2018 78
5.2.4 5.2.5 12 841 118 723 5 8 100% 98.6% 5.2.6 79 2018
5.3 5.3.1 5.3.2 5.4 5.4.1 5.4.2 60 1000 2018 80
5.4.3 5.4.4 2017 3 81 2018
6 6.1.1 6.1 6.1.2 6.1.3 6.1.4 2018 82
6.2 6.2.1 6.2.2 6.2.3 6.2.4 83 2018
2018 6.2.5 3,000 6.3 6.3.1 25 2018 84
6.3.2 2018 8 20% 85 2018
6.3.3 LED 6.3.4 6.3.5 6.3.6 6.3.7 2018 86
1 1 593 (tco 2 -e) 2 2 1,511 tco 2 -e 2,104 tco 2 -e 3 0.021 tco 2 -e 2,457 000 0.025 000 248,076 2.53 2018 9 1 1 2 2 3 97,883 7 7.1.1 7.1.2 87 2018
7.1.3 7.1.4 7.1.5 2018 88
8 (A) A1 A1 A2 A2 (a) (b) A1.1 6.3 A1.2 A1.3 A1.4 A1.5 6.3 A1.6 6.3 A2.1 A2.2 A2.3 6.3 A2.4 A2.5 6.3 6.3 6.3 6.3 6.3 6.3 89 2018
A3 A3 6.3 A3.1 (B) B1 B1 B1.1 (a) (b) B1.2 5.2 B2 (a) (b) 6.3 5.1 & 5.3 B2 B2.1 B2.2 B2.3 6.2 B3 B3 B4 B4 5.4 B3.1 B3.2 (a) (b) B4.1 5.1 B4.2 5.2 6.2 5.4 5.1 5.1 2018 90
B5 B5 B6 B6 B7 B7 B8 B8 6.1 B5.1 B5.2 B6.1 (a) (b) 6.1 4 B6.2 B6.3 B6.4 4 B6.5 B7.1 B7.2 (a) (b) 7 B8.1 B8.2 7 5.1 5.1 7 91 2018
96 154 2018 8 31 2018 8 31 2018 92
2018 8 31 231,259,000 6 5 9 93 2018
2018 94
Zhu Chen 2018 11 27 95 2018
2018 8 31 8 31 2018 2017 6 231,259 181,240 (169,445) (122,106) 61,814 59,134 7a 3,701 8,712 7b 105 (328) (17,620) (7,650) (29,879) (21,649) 8 (997) (1,363) 17,124 36,856 9 (1,816) (1,806) 15,308 35,050 25 455 327 15,763 35,377 16,678 35,050 (1,370) 15,308 35,050 17,133 35,377 (1,370) 15,763 35,377 13 0.03 0.06 13 0.03 2018 96
2018 8 31 8 31 2018 2017 14 671,226 224,341 15 106,400 27,718 16 10,538 17 24,958 18,277 35,536 3,705 848,658 274,041 15 2,638 940 17 21,056 16,492 18a 36,452 18b 371 40,912 19 607,062 332,531 631,127 427,327 1,479,785 701,368 20 267,716 91,087 21 280,481 201,325 18c 32,656 18d 1 18e 1,300 22 3,599 23 60,000 13,581 3,327 621,778 333,295 9,349 94,032 858,007 368,073 97 2018
8 31 2018 2017 25 3,482 2,946 24 42,152 45,634 2,946 812,373 365,127 26 7,152 1 805,991 365,126 813,143 365,127 (770) 812,373 365,127 96 1542018 11 27 2018 98
2018 8 31 i ii iii 2016 9 1 1 250,000 28,805 23,903 (968) 28,009 329,750 329,750 35,050 35,050 35,050 327 327 327 327 35,050 35,377 35,377 11,820 (11,820) 2017 8 31 1 250,000 28,805 35,723 (641) 51,239 365,127 365,127 16,678 16,678 (1,370) 15,308 455 455 455 455 16,678 17,133 (1,370) 15,763 26 5,210 (5,210) 600 600 26 1,941 456,100 458,041 458,041 26 (27,158) (27,158) (27,158) 12,413 (12,413) 2018 8 31 7,152 673,732 28,805 48,136 (186) 55,504 813,143 (770) 812,373 (i) (ii) 25% (iii) 2018 8 31 99 2018
2018 8 31 8 31 2018 2017 17,124 36,856 20,530 17,662 2,206 940 (548) 997 1,363 213 15 (3,311) (2,416) (3,323) (2,426) (1,020) (2,998) (713) 991 221 (589) 33,270 48,504 (3,243) (6,187) (490) 196 79,156 56,936 19,318 27,795 128,011 127,244 1,020 2,998 (2,100) (2,430) 126,931 127,812 (327,855) (64,107) (82,586) (35,536) (8,000) 213 212 (77) (6,240) 1,328 700 (203) 50,000 1 42,700 (359,813) (69,637) 2018 100
2018 8 31 8 31 2018 2017 (944) 1 20,000 (7,200) (85,000) 60,000 (3,652) (4,400) (63) (2,624) 600 458,041 (27,158) 506,824 (99,223) 273,942 (41,048) 332,531 373,579 589 607,062 332,531 101 2018
1. 2016 6 142219613 2018 7 31 32 2016 2018 7 19 2017 8 30 22017 8 31 5 2018 102
1. 2. 2016 8 292017 8 30 (a)(b) (c) (d) (e)(f) (g)(h)(i) (j)(k)(l) (m) (n) (o) (p)(q) (r)(s)(t)(u) 103 2018
2. 8 31 2018 2017 231,259 181,240 44,067 49,298 8 31 2018 2017 845,442 273,767 207,841 321,258 841,122 465,283 45,634 2,946 2018 104
3. 2018 8 312017 9 1 9 1 15 1 16 2 17 4 22 23 1 2 2 1 4 4 9 1 9 2 10 28 3 19 2 28 2 40 1 28 20142016 1 20152017 2 1 2018 1 1 2 2019 1 1 3 4 2021 1 1 9 9 105 2018
3. 9 9 9 9 39 9 9 15 15 15 18 11 2018 106
3. 15 15 15 15 15 15 (i)(ii) (iii) 15 16 16 1617 16 16 107 2018
3. 16 17 16 1617 16 2018 8 31 27 186,516,000 16 16 2018 8 31 1,550,0001716 1716 4. 2018 108
4. 2 17 2 36 109 2018
4. 2018 110
4. 111 2018
4. 2018 112
4. 113 2018
4. 12 2018 114
4. 115 2018
4. 2018 116
4. 117 2018
4. 5. 4 2018 118
5. (a) 2018 8 31 671,226,0002017224,341,000 (b) 9 119 2018
6. 4 2018 8 31 56,781 169,151 225,932 5,327 5,327 56,781 174,478 231,259 2017 8 31 56,233 121,370 177,603 3,637 3,637 56,233 125,007 181,240 10% 2018 120
7a. 8 31 2018 2017 i 35,806 25,189 (35,806) (25,189) ii (6,835) 3,323 2,426 3,311 2,416 2,511 1,020 2,998 8 713 371 159 3,701 8,712 i. ii. 2018 8 31 7b. 8 31 2018 2017 589 (213) (15) (271) (313) 105 (328) 121 2018
8. 8 31 2018 2017 944 53 650 713 997 1,363 2017 8 31 713,0007a 9. 32 25% 2017 8 31 2017 9 1 2018 8 31 (i)(ii) (iii) 2018 122
9. 2018 92018 9 2018 9 2018 9 2018 8 31 174,478,0002017125,007,000 25% 15% 25% 8 31 2018 2017 12,354 1,806 16 (10,538) 1,816 1,806 8 31 2018 2017 17,124 36,856 25% 4,281 9,214 5,563 2,597 825 2,167 (2,687) (864) (6,166) (11,308) 1,816 1,806 123 2018
10. 8 31 2018 2017 11 980 894 96,745 69,465 13,598 9,011 8,724 6,872 25 991 221 121,038 86,463 11,727 9,554 20,530 17,662 2,206 940 1,388 3,225 11. 2018 124
11. 2018 8 31 275 58 333 251 52 303 251 52 303 777 162 939 i 5 5 i 13 13 18 18 ii 13 13 ii 5 5 ii 5 5 23 23 23 795 162 980 2017 8 31 260 58 318 236 52 288 236 52 288 732 162 894 i i i. 2016 9 30 2016 10 132018 8 1 ii. 2018 7 112018 8 1 125 2018
11. 2018 8 312017 8 31 2018 2017 1,750 1,547 133 159 1,883 1,706 8 31 2018 2017 1,000,000 5 5 2018 126
12. 20172018 8 31 2018 8 31 13. 8 31 2018 2017 16,678 35,050 617,792 600,000 262016 9 1 2018 8 31 2017 8 31 127 2018
14. 2016 8 31 145,421 39,198 5,134 4,635 72,499 3,050 269,937 1,921 7,696 182 182 13,753 5,407 29,141 767 (767) (70) (270) (245) (585) 2017 8 31 147,342 47,591 5,046 4,572 86,252 7,690 298,493 632 13,057 2,390 1,756 7,537 442,469 467,841 115,893 6,771 (122,664) (46) (1,258) (74) (1,378) 2018 8 31 263,867 67,373 6,178 6,254 93,789 327,495 764,956 2016 8 31 15,792 19,834 1,247 3,905 16,070 56,848 2,455 5,437 819 361 8,590 17,662 (24) (211) (123) (358) 2017 8 31 18,247 25,247 1,855 4,143 24,660 74,152 4,677 6,177 880 487 8,309 20,530 (28) (850) (74) (952) 2018 8 31 22,924 31,396 1,885 4,556 32,969 93,730 2018 8 31 240,943 35,977 4,293 1,698 60,820 327,495 671,226 2017 8 31 129,095 22,344 3,191 429 61,592 7,690 224,341 20182017 8 31 30 50 3 10 5 10 3 6 10 2018 128
14. 8 31 2018 2017 1,129 1,662 2,791 15. 8 31 2018 2017 2,638 940 106,400 27,718 109,038 28,658 20182017 8 3128,658,00027,672,000 305050 129 2018
16. 2016 9 12017 8 31 9 10,538 10,538 2018 8 31 10,538 10,538 2018 8 3149,453,000201737,950,000 2018 8 31 202327,202,000 20222017 2022 20182017 8 31 17. 8 31 2018 2017 i 25,321 18,986 10,195 7,276 ii 8,000 2,439 1,230 12 3,711 3,386 47 180 46,014 34,769 (24,958) (18,277) 21,056 16,492 i. 2018 8 316,761,0002017 12,500,000201712,500,000 ii. 2018 130
18. a. 8 31 8 31 2018 2017 2018 2017 31,458 34,769 31,458 4,194 4,194 4,194 800 800 800 36,452 34,169,000 8.5% 33 2018 8 31 3,311,0002017 8 31 2,416,000 2018 8 312,500,000 33 131 2018
18. b. 8 31 8 31 2018 2017 2018 2017 56% 44% 77 5,275 5,275 5,275 i 9,572 10,600 9,572 ii 10,899 11,620 10,899 iii 60% 40% 15,166 16,740 16,240 294 371 40,912 i 10,600,0008.5% 2018 8 31 1,028,0002017750,000 2018 132
18. b. ii 2017 8 31 7,450,000 8.5%2018 8 31 721,0002017527,000 iii 2018 8 311,574,00020171,139,0002018 8 3116,240,000 8.5% c. 8 31 2018 2017 18,820 * 3,310 10 10,320 196 32,656 * 2017 8 31 133 2018
18. d. 8 31 2018 2017 1 1 e. 8 31 2018 2017 1,300 1,300 2017 8 31 1,300,000 19. 2018 8 31307,397,00020171.40% 1.90% 2018 8 31 0.01% 0.385% 20170.001% 0.35% 2018 134
20. 8 31 2018 2017 138,306 2,025 i 45,734 38,361 37,364 25,637 ii 20,000 12,209 8,901 6,184 7,845 990 833 1,036 6,929 6,449 267,716 91,087 i. ii. 21. 8 31 2018 2017 273,358 195,419 7,123 5,906 280,481 201,325 135 2018
22. 8 31 8 31 2018 2017 2018 2017 3,605 3,599 (6) 3,599 3,599 (3,599) 2018 8 31 12.96% 201712.96% 14 2018 8 31 2018 136
23. 8 31 2018 2017 60,000 60,000 2018 8 31 140% 2019 5 24. 8 31 2018 2017 (548) 8 31 2018 2017 42,700 (548) 42,152 137 2018
25. 2018 8 31 501 32 8 31 2018 2017 60-65 60-65 80%-100% 80%-100% 0%-5% 0%-5% 100% 100% 4.45% 4.4% 2018 138
25. 8 31 2018 2017 856 112 5 2 130 107 991 221 (455) (327) 536 (106) 8 31 2018 2017 3,482 2,946 8 31 2018 2017 2,946 3,052 991 221 (455) (327) 3,482 2,946 139 2018
25. 10%2018 8 31 64,0002017 52,000 10%2018 8 31 69,0002017 61,000 0.1%2018 8 31 103,0002017 87,000 0.1%2018 8 31 107,0002017 90,000 2018 140
26. 0.01 2017 8 31 38,000,000 380,000 327,750 i 4,962,000,000 49,620,000 43,098,250 2018 8 31 5,000,000,000 50,000,000 43,426,000 2016 9 12017 8 31 100,000 1,000 863 1 ii 599,900,000 5,999,000 5,210,251 5,210 iii 200,000,000 2,000,000 1,737,040 1,737 iii 23,510,000 235,100 203,813 204 2018 8 31 823,510,000 8,235,100 7,151,967 7,152 i. 2018 7 124,962,000,0000.01380,000 50,000,000 ii. 20187 125,999,000 599,900,000 iii. 2018 7 31200,000,000 0.01 2.362.052018 8 28 23,510,0000.012.362.06 2,235,0001,941,000 525,249,000456,100,000 27,158,000 141 2018
27. a. 8 31 2018 2017 24,936 8,456 8 31 2018 2017 12,721 6,828 47,662 24,499 126,133 60,841 186,516 92,168 b. 8 31 2018 2017 53,506 46 2018 142
28. 25 2018 8 319,877,0002017 7,255,000 29. 8 31 2018 2017 196 196 8 31 2018 2017 1,983 1,902 283 283 2,266 2,185 143 2018
30. 18 22 23 31. 8 31 2018 2017 607,062 332,531 * 35,819 24,107 36,452 371 40,912 643,252 434,002 # 260,542 81,373 32,656 1 1,300 60,000 320,542 115,330 * # 2018 144
31. (a) 10 2018 8 31 607,0002017333,000 10 2018 8 31 60,0002017 8 31 2018 2017 56 61 436,370 69,055 436,426 69,116 145 2018
31. (a) 5% 5% 8 31 2018 2017 21,778 3,456 (b) 2018 146
31. (c) 3 3 6 6 12 2018 8 31 260,542 260,542 260,542 6.09% 910 900 60,853 62,663 60,000 261,452 900 60,853 323,205 320,542 2017 8 31 81,373 81,373 81,373 32,656 32,656 32,656 1 1 1 1,300 1,300 1,300 12.96% 3,063 521 21 3,605 3,599 118,393 521 21 118,935 118,929 (d) 147 2018
32. 2018 8 31 2018 2017 8 31 8 31 Bojun Education Investment Holdings Company Limited 50,000 100% 100% 10,000 100% 100% USA Bojun Education, Inc. 80,000 100% 100% ii 120,000,000 100% 100% 100% 100% i 12,000,000 100% 100% i 10,000,000 100% 100% i 1,000,000 2018 148
32. 2018 2017 8 31 8 31 i 30,000 100% 100% i 60,000 100% 100% i 50,000 100% 100% i 100,000 100% 100% i 100,000 100% 100% i 600,000 100% 100% 100% 100% ii 4,000,000 149 2018
32. 2018 2017 8 31 8 31 100% 100% ii 1,000,000 100% 100% ii 5,000,000 100% 100% ii 20,000,000 100% 100% ii 32,500,000 100% 100% ii 10,000,000 100% 100% ii 10,000,000 100% ii 10,000,000 2018 150
32. 2018 2017 8 31 8 31 i 10,000,000 100% i 10,000,000 100% i 1,200,000 51% # i. ii. iii. 151 2018
33. 2016 9 1 7,349 7,200 35,084 85,000 134,633 (4,400) (7,199) (2,624) (85,000) (99,223) 8 650 713 1,363 7a (713) (713) 2017 8 31 3,599 1 32,460 36,060 (3,652) (63) 59,056 20,000 75,341 * (1) (32,397) (32,398) 8 53 944 997 2018 8 31 60,000 20,000 80,000 * 18 46,735,00039,763,000 32,397,0001,000 2018 8 31 2018 152
34. 8 31 2018 2017 76,233 76,233 175,411 166,736 251,644 242,969 3,386 435,417 6,169 435,417 9,555 10,333 4,357 1,036 10,333 5,393 425,084 4,162 676,728 247,131 7,152 1 669,576 247,130 676,728 247,131 2016 9 1 250,000 (3,059) 246,941 189 189 2017 8 31 250,000 (2,870) 247,130 26 (5,210) (5,210) 26 456,100 456,100 26 (27,158) (27,158) (1,286) (1,286) 2018 8 31 673,732 (4,156) 669,576 153 2018
35. 2018 11 15 6 2018 154
2018 7 12 2016 7 26 2015 3 13 2004 3 10 2010 7 16 2219613 622 2016 6 14 155 2018
2016 4 6 2018 7 9 2016 6 14 2004 3 52004 4 1 2018 156
2012 4 27 2018 12 10 2018 1 10 2003 5 12 2018 7 31 2009 2 23 2015 9 29 GEM 2018 7 12 2017 8 24 157 2018
2013 9 27 2018 7 19 2010 3 15 2015 10 15 2003 6 18 (i) (ii) 2018 158
571 0.01 2018 7 12 2001 7 26 2016 7 5 2016 4 20 Excelsior School System Inc.2005 7 13 159 2018
2017 8 18 2002 8 12 2016 6 8 % ** 2018 160