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Bright Scholar Education Holdings Ltd. – ‘20-F’ for 8/31/20 – ‘EX-4.55’

On:  Wednesday, 12/23/20, at 4:20pm ET   ·   For:  8/31/20   ·   Accession #:  1104659-20-139121   ·   File #:  1-38077

Previous ‘20-F’:  ‘20-F’ on 12/23/19 for 8/31/19   ·   Next:  ‘20-F’ on 1/18/22 for 8/31/21   ·   Latest:  ‘20-F’ on 1/2/24 for 8/31/23   ·   8 References:   

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  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

12/23/20  Bright Scholar Education Hol… Ltd 20-F        8/31/20  171:21M                                    Toppan Merrill/FA

Annual or Annual-Transition Report by a Foreign Non-Canadian Issuer   —   Form 20-F   —   SEA’34
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 20-F        Annual or Annual-Transition Report by a Foreign     HTML   3.14M 
                Non-Canadian Issuer                                              
 2: EX-2.5      Plan of Acquisition, Reorganization, Arrangement,   HTML    140K 
                Liquidation or Succession                                        
 3: EX-4.37     Instrument Defining the Rights of Security Holders  HTML     97K 
 4: EX-4.38     Instrument Defining the Rights of Security Holders  HTML     46K 
 5: EX-4.39     Instrument Defining the Rights of Security Holders  HTML     47K 
 6: EX-4.40     Instrument Defining the Rights of Security Holders  HTML     46K 
 7: EX-4.41     Instrument Defining the Rights of Security Holders  HTML     46K 
 8: EX-4.42     Instrument Defining the Rights of Security Holders  HTML     46K 
 9: EX-4.43     Instrument Defining the Rights of Security Holders  HTML     45K 
10: EX-4.44     Instrument Defining the Rights of Security Holders  HTML     45K 
11: EX-4.45     Instrument Defining the Rights of Security Holders  HTML     45K 
12: EX-4.46     Instrument Defining the Rights of Security Holders  HTML     46K 
13: EX-4.47     Instrument Defining the Rights of Security Holders  HTML     46K 
14: EX-4.48     Instrument Defining the Rights of Security Holders  HTML     46K 
15: EX-4.49     Instrument Defining the Rights of Security Holders  HTML     47K 
16: EX-4.50     Instrument Defining the Rights of Security Holders  HTML     46K 
17: EX-4.51     Instrument Defining the Rights of Security Holders  HTML     46K 
18: EX-4.52     Instrument Defining the Rights of Security Holders  HTML     46K 
19: EX-4.53     Instrument Defining the Rights of Security Holders  HTML     46K 
20: EX-4.54     Instrument Defining the Rights of Security Holders  HTML     46K 
21: EX-4.55     Instrument Defining the Rights of Security Holders  HTML     46K 
22: EX-4.56     Instrument Defining the Rights of Security Holders  HTML     46K 
23: EX-4.57     Instrument Defining the Rights of Security Holders  HTML     46K 
24: EX-4.58     Instrument Defining the Rights of Security Holders  HTML     46K 
25: EX-4.59     Instrument Defining the Rights of Security Holders  HTML     46K 
26: EX-4.60     Instrument Defining the Rights of Security Holders  HTML     46K 
27: EX-4.61     Instrument Defining the Rights of Security Holders  HTML     45K 
28: EX-4.62     Instrument Defining the Rights of Security Holders  HTML     45K 
29: EX-4.63     Instrument Defining the Rights of Security Holders  HTML     46K 
30: EX-4.64     Instrument Defining the Rights of Security Holders  HTML     45K 
31: EX-4.65     Instrument Defining the Rights of Security Holders  HTML     46K 
32: EX-4.66     Instrument Defining the Rights of Security Holders  HTML     46K 
33: EX-4.67     Instrument Defining the Rights of Security Holders  HTML     46K 
34: EX-4.68     Instrument Defining the Rights of Security Holders  HTML     46K 
35: EX-8.1      Opinion of Counsel re: Tax Matters                  HTML    157K 
38: EX-13.1     Annual or Quarterly Report to Security Holders      HTML     49K 
39: EX-13.2     Annual or Quarterly Report to Security Holders      HTML     46K 
36: EX-12.1     Statement re: the Computation of Ratios             HTML     55K 
37: EX-12.2     Statement re: the Computation of Ratios             HTML     49K 
40: EX-15.1     Letter re: Unaudited Interim Financial Info         HTML     46K 
41: EX-15.2     Letter re: Unaudited Interim Financial Info         HTML     53K 
42: EX-15.3     Letter re: Unaudited Interim Financial Info         HTML     44K 
49: R1          Document and Entity Information                     HTML    124K 
50: R2          Consolidated Balance Sheets                         HTML    199K 
51: R3          Consolidated Balance Sheets (Parenthetical)         HTML     90K 
52: R4          Consolidated Statements of Operations               HTML    128K 
53: R5          Consolidated Statements of Comprehensive Income     HTML     73K 
54: R6          Consolidated Statements of Shareholders' Equity     HTML    145K 
55: R7          Consolidated Statements of Shareholders' Equity     HTML     60K 
                (Parenthetical)                                                  
56: R8          Consolidated Statements of Cash Flows               HTML    210K 
57: R9          Consolidated Statements of Cash Flows               HTML     50K 
                (Parenthetical)                                                  
58: R10         Organization and Principal Activities               HTML    112K 
59: R11         Summary of Significant Accounting Policies          HTML    211K 
60: R12         Business Combination                                HTML    198K 
61: R13         Short-Term Investments                              HTML     47K 
62: R14         Other Receivables, Deposits and Other Assets        HTML     63K 
63: R15         Property and Equipment, Net                         HTML     64K 
64: R16         Land Use Rights, Net                                HTML     55K 
65: R17         Intangible Assets, Net                              HTML     64K 
66: R18         Deposits for Acquisition                            HTML     46K 
67: R19         Long-Term Investments                               HTML     72K 
68: R20         Goodwill                                            HTML     92K 
69: R21         Bond Payable                                        HTML     48K 
70: R22         Accrued Expenses and Other Current Liabilities      HTML     70K 
71: R23         Short-Term and Long-Term Loan                       HTML     48K 
72: R24         Leases                                              HTML     84K 
73: R25         Share Capital                                       HTML     48K 
74: R26         Revenue                                             HTML     80K 
75: R27         Share-Based Compensation                            HTML    121K 
76: R28         Income Tax Expense                                  HTML    143K 
77: R29         Earnings Per Share                                  HTML     68K 
78: R30         Related Party Transactions                          HTML    186K 
79: R31         Commitments and Contingencies                       HTML     51K 
80: R32         Non-Controlling Interests                           HTML    142K 
81: R33         Segment Information                                 HTML    166K 
82: R34         Contribution Plan                                   HTML     47K 
83: R35         Statutory Reserves and Restricted Net Assets        HTML     59K 
84: R36         Cash and Cash Equivalents and Restricted Cash       HTML     55K 
85: R37         Subsequent Events                                   HTML     47K 
86: R38         Schedule 1 - Condensed Financial Statement of       HTML    208K 
                Bright Scholar Education Holdings Limited                        
87: R39         Summary of Significant Accounting Policies          HTML    279K 
                (Policies)                                                       
88: R40         Organization and Principal Activities (Tables)      HTML    110K 
89: R41         Summary of Significant Accounting Policies          HTML    136K 
                (Tables)                                                         
90: R42         Business Combination (Tables)                       HTML    191K 
91: R43         Other Receivables, Deposits and Other Assets        HTML     63K 
                (Tables)                                                         
92: R44         Property and Equipment, Net (Tables)                HTML     63K 
93: R45         Land Use Rights, Net (Tables)                       HTML     54K 
94: R46         Intangible Assets, Net (Tables)                     HTML     64K 
95: R47         Long-Term Investments (Tables)                      HTML     72K 
96: R48         Goodwill (Tables)                                   HTML     92K 
97: R49         Accrued Expenses and Other Current Liabilities      HTML     70K 
                (Tables)                                                         
98: R50         Leases (Tables)                                     HTML     90K 
99: R51         Revenue (Tables)                                    HTML     79K 
100: R52         Share-Based Compensation (Tables)                   HTML    120K  
101: R53         Income Tax Expense (Tables)                         HTML    137K  
102: R54         Earnings Per Share (Tables)                         HTML     67K  
103: R55         Related Party Transactions (Tables)                 HTML    188K  
104: R56         Commitments and Contingencies (Tables)              HTML     50K  
105: R57         Non-Controlling Interests (Tables)                  HTML    141K  
106: R58         Segment Information (Tables)                        HTML    164K  
107: R59         Statutory Reserves and Restricted Net Assets        HTML     56K  
                (Tables)                                                         
108: R60         Cash and Cash Equivalents and Restricted Cash       HTML     55K  
                (Tables)                                                         
109: R61         ORGANIZATION AND PRINCIPAL ACTIVITIES - Principal   HTML    116K  
                Subsidiaries and VIE Subsidiaries (Detail)                       
110: R62         SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES -        HTML    210K  
                Schedule of Amounts and Balances of BGY Education                
                Investment (Detail)                                              
111: R63         SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES -        HTML    124K  
                Additional Information (Detail)                                  
112: R64         SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES -        HTML     67K  
                Schedule of Estimated Useful Lives of Property and               
                Equipment (Detail)                                               
113: R65         SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES -        HTML     62K  
                Amortization Periods by Major Intangible Asset                   
                Classes (Detail)                                                 
114: R66         BUSINESS COMBINATION - Additional Information       HTML    142K  
                (Detail)                                                         
115: R67         BUSINESS COMBINATION - Schedule of Purchase Price   HTML    224K  
                Allocation (Detail)                                              
116: R68         BUSINESS COMBINATION - Schedule of Pro forma        HTML     56K  
                Information (Detail)                                             
117: R69         Short-Term Investments (Detail)                     HTML     62K  
118: R70         Other Receivables, Deposits and Other Assets        HTML     65K  
                (Detail)                                                         
119: R71         PROPERTY AND EQUIPMENT, NET- Summary of Property    HTML     72K  
                and Equipment, Net (Detail)                                      
120: R72         PROPERTY AND EQUIPMENT, NET - Additional            HTML     46K  
                Information (Detail)                                             
121: R73         LAND USE RIGHTS, NET - Schedule of Land Use Right,  HTML     49K  
                Net (Detail)                                                     
122: R74         LAND USE RIGHTS, NET - Additional Information       HTML     51K  
                (Detail)                                                         
123: R75         INTANGIBLE ASSETS, NET - Schedule of Intangible     HTML     70K  
                Assets (Detail)                                                  
124: R76         INTANGIBLE ASSETS, NET - Additional Information     HTML     59K  
                (Detail)                                                         
125: R77         Deposits for Acquisition (Details)                  HTML     62K  
126: R78         Long-Term Investments (Details)                     HTML     94K  
127: R79         Goodwill (Details)                                  HTML     73K  
128: R80         Goodwill - Additional Information - (Details)       HTML     62K  
129: R81         Bond Payable (Details)                              HTML     80K  
130: R82         Accrued Expenses and Other Current Liabilities      HTML     81K  
                (Detail)                                                         
131: R83         SHORT-TERM AND LONG-TERM LOAN - Additional          HTML     82K  
                information (Details)                                            
132: R84         Leases (Details)                                    HTML     53K  
133: R85         Leases - Supplemental Balance Sheet information     HTML     54K  
                related to operating leases (Details)                            
134: R86         LEASES - Components of lease costs of operating     HTML     52K  
                leases (Details)                                                 
135: R87         LEASES - Supplemental Cash Flow information         HTML     52K  
                related to operating leases (Details)                            
136: R88         LEASES - Maturities of the operating lease          HTML     63K  
                liabilities (Details)                                            
137: R89         LEASES - Future minimum lease payments under the    HTML     61K  
                Group's non-cancelable operating lease agreements                
                based on ASC 840 (Details)                                       
138: R90         LEASES - Impairment loss on operating lease         HTML     46K  
                right-of-use assets (Details)                                    
139: R91         Share Capital (Details)                             HTML    106K  
140: R92         REVENUE - Schedule of Revenue (Details)             HTML     73K  
141: R93         REVENUE - Contract balances (Details)               HTML     54K  
142: R94         SHARE-BASED COMPENSATION - Additional Information   HTML    100K  
                (Details)                                                        
143: R95         SHARE-BASED COMPENSATION - Summary of Assumptions   HTML     67K  
                used in Determining Fair Value of Share Options                  
                Grant (Details)                                                  
144: R96         SHARE-BASED COMPENSATION - Schedule of Share        HTML     87K  
                Option Movements (Details)                                       
145: R97         INCOME TAX EXPENSE - Schedule of Income Tax         HTML     71K  
                Expense (Detail)                                                 
146: R98         INCOME TAX EXPENSE - Additional Information         HTML    132K  
                (Detail)                                                         
147: R99         INCOME TAX EXPENSE - Summary of Deferred Tax        HTML     71K  
                Assets and Liabilities (Detail)                                  
148: R100        INCOME TAX EXPENSE - Schedule of Reconciliation     HTML     74K  
                Between Provision for Income Taxes Computed by                   
                Applying PRC EIT Rates of 25% to Income Before                   
                Income Taxes and Actual Provision for Income Tax                 
                (Detail)                                                         
149: R101        EARNINGS PER SHARE - Schedule of Earnings Per       HTML     78K  
                Share (Detail)                                                   
150: R102        EARNINGS PER SHARE - Additional Informational       HTML     46K  
                (Detail)                                                         
151: R103        RELATED PARTY TRANSACTIONS - Schedule of            HTML    108K  
                Transactions With Related Parties (Detail)                       
152: R104        RELATED PARTY TRANSACTIONS - Schedule of Amounts    HTML     62K  
                Owed From and to Related Parties (Detail)                        
153: R105        RELATED PARTY TRANSACTIONS - Schedule of Amounts    HTML     80K  
                Due to Related Parties (Detail)                                  
154: R106        Commitments and Contingencies (Detail)              HTML     45K  
155: R107        NON-CONTROLLING INTERESTS - Summary of Changes in   HTML     95K  
                Non-Controlling Interests (Detail)                               
156: R108        NON-CONTROLLING INTERESTS - Summary of Changes in   HTML     53K  
                Non-Controlling Interests (Parenthetical) (Detail)               
157: R109        SEGMENT INFORMATION - Additional Information        HTML     47K  
                (Detail)                                                         
158: R110        SEGMENT INFORMATION - Schedule of Revenue and       HTML     77K  
                Operating Results by Segments (Detail)                           
159: R111        Segment Information - Geographic Information        HTML     62K  
                (Details)                                                        
160: R112        Contribution Plan (Detail)                          HTML     49K  
161: R113        Statutory Reserves and Restricted Net Assets        HTML     62K  
                (Detail)                                                         
162: R114        Cash and Cash Equivalents and Restricted Cash       HTML     53K  
                (Detail)                                                         
163: R115        Subsequent Events (Detail)                          HTML     47K  
164: R116        Schedule 1 - Condensed Financial Statement of       HTML    143K  
                Bright Scholar Education Holdings Limited -                      
                Balance Sheet (Details)                                          
165: R117        Schedule 1 - Condensed Financial Statement of       HTML     80K  
                Bright Scholar Education Holdings Limited -                      
                Statements of Operations Combined and                            
                Comprehensive Income (Details)                                   
166: R118        Schedule 1 - Condensed Financial Statement of       HTML    128K  
                Bright Scholar Education Holdings Limited -                      
                Statements of Cash Flows (Details)                               
167: R119        SCHEDULE 1 - CONDENSED FINANCIAL STATEMENT OF       HTML     47K  
                BRIGHT SCHOLAR EDUCATION HOLDINGS LIMITED -                      
                Additional Information (Details)                                 
169: XML         IDEA XML File -- Filing Summary                      XML    277K  
48: XML         XBRL Instance -- bedu-20200831x20f_htm               XML   5.29M 
168: EXCEL       IDEA Workbook of Financial Reports                  XLSX    207K  
47: EX-101.CAL  XBRL Calculations -- bedu-20200831_cal               XML    371K 
46: EX-101.DEF  XBRL Definitions -- bedu-20200831_def                XML   1.25M 
45: EX-101.LAB  XBRL Labels -- bedu-20200831_lab                     XML   2.14M 
44: EX-101.PRE  XBRL Presentations -- bedu-20200831_pre              XML   1.88M 
43: EX-101.SCH  XBRL Schema -- bedu-20200831                         XSD    372K 
170: JSON        XBRL Instance as JSON Data -- MetaLinks              642±   993K  
171: ZIP         XBRL Zipped Folder -- 0001104659-20-139121-xbrl      Zip    905K  


‘EX-4.55’   —   Instrument Defining the Rights of Security Holders


This Exhibit is an HTML Document rendered as filed.  [ Alternative Formats ]



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Exhibit 4.55

Rights and Obligations Assumption Letter

This entity, Fettes College Experimental School of Zengcheng, Guangzhou, is the subsidiary established by BGY Education Investment Management Co., Ltd. (“Investor”) and registered in Guangzhou City at the Zengcheng District branch office of the Ministry of Civil Affairs on June 5, 2020. The Investor holds 100% of the interests in this entity.

In accordance with the Exclusive Management Service and Business Cooperation Agreement (“Agreement”) entered into by and between Investor, Zhuhai Hengqin Bright Scholar Management Consulting Co., Ltd. and other relevant parties on January 25, 2017, this entity shall join the Agreement according to Article 10.1 of the Agreement as a “New Subsidiary of Party B” under the Agreement.

This entity hereby agrees to join the Agreement as a new Subsidiary of Party B of the Investor, enjoy the rights under the Agreement, and perform the obligations according to the Agreement. This Assumption Letter came into effect upon the date of execution.

Fettes College Experimental School of Zengcheng, Guangzhou

(Seal) Fettes College Experimental School of Zengcheng, Guangzhou Affixed

By:

/s/ Jinsheng Cheng

Name:

Jinsheng Cheng

Title:

Legal Representative

Date:

June 15, 2020



Dates Referenced Herein

This ‘20-F’ Filing    Date    Other Filings
Filed on:12/23/20None on these Dates
For Period end:8/31/20
6/15/20
6/5/20
1/25/17
 List all Filings 


3 Subsequent Filings that Reference this Filing

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 1/02/24  Bright Scholar Education Hol… Ltd 20-F        8/31/23  143:13M                                    EdgarAgents LLC/FA
 6/21/23  Bright Scholar Education Hol… Ltd 20-F        8/31/22  147:16M                                    EdgarAgents LLC/FA
 1/18/22  Bright Scholar Education Hol… Ltd 20-F        8/31/21  183:17M                                    EdgarAgents LLC/FA


5 Previous Filings that this Filing References

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

12/23/19  Bright Scholar Education Hol… Ltd 20-F        8/31/19  139:23M                                    Toppan Merrill/FA
12/14/18  Bright Scholar Education Hol… Ltd 20-F        8/31/18  146:13M                                    Donnelley … Solutions/FA
12/07/17  Bright Scholar Education Hol… Ltd 20-F        8/31/17  125:19M                                    ActiveDisclosure/FA
 5/05/17  Bright Scholar Education Hol… Ltd F-1/A                  4:5.6M                                   Donnelley … Solutions/FA
 4/18/17  Bright Scholar Education Hol… Ltd F-1                   24:6.5M                                   Donnelley … Solutions/FA
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Filing Submission 0001104659-20-139121   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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