Company Description (as filed with the SEC)
Beijing Champion Hi-Tech Co., Ltd., or Beijing Champion, a PRC limited liability company, commenced operations in July 2000 and became our consolidated operating company in June 2003. In March 2003, we incorporated China Distance Education Limited, or CDEL Hong Kong, in Hong Kong. We then conducted a series of transactions to reorganize our corporate structure and have CDEL Hong Kong become our offshore holding company. We incorporated China Distance Education Holdings Limited, or CDEL Cayman, in the Cayman Islands in January 2008 as our listing vehicle. CDEL Cayman became our ultimate holding company in March 2008 when it issued shares to the existing shareholders of CDEL Hong Kong in exchange for all of the outstanding shares of CDEL Hong Kong. In March 2009, we acquired the business start-up training services from a third-party individual. The acquired business is currently operated by Zhengbao Yucai, an entity wholly owned by Beijing Champion. ... More ...