sc13g.htm


 
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.  20549
 
Schedule 13G
 
(Rule 13d-102)
 
Information to Be Included in Statements Filed Pursuant to Rules 13d-1 (b), (c) and (d) and Amendments Thereto Filed Pursuant To 13d-2
Under the Securities Exchange Act of 1934
(Amendment No. ) *
 

 
TAL Education Group
(Name of Issuer)
 
Class A Common Shares, US$0.001 par value per share
(Title of Class of Securities)
 
G8663P 108
(CUSIP Number)
 
December 31, 2010
(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
 
  o
Rule 13d-1(b)
 
  o
Rule 13d-1(c)
 
  x
Rule 13d-1(d)
 

*The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.
 
The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
 

 
 

 
CUSIP No. G8663P 108
13G
Page 2 of 8 Pages



 
1
 
 
Name Of Reporting Person
 
Bright Unison Limited
 
 
2
 
 
Check the Appropriate Box if a Member of a Group
 
 
(a)     o
 
(b)     x
  
 
3
 
 
SEC Use Only
 
 
4
 
 
Citizenship or Place of Organization
 
British Virgin Islands
 
 
Number of
 
Shares
 
Beneficially
 
Owned by
 
Each
 
Reporting
 
Person With
 
 
5
 
 
Sole Voting Power
 
59,550,000(1) common shares, (represented by 59,550,000 Class B common shares, which may be converted into 59,550,000 Class A common shares within 60 days of the filing date).  Bangxin Zhang may also be deemed to have sole voting power with respect to the above shares.
 
 
6
 
 
Shared Voting Power
 
0
 
 
7
 
 
Sole Dispositive Power
 
59,550,000(1) common shares, (represented by 59,550,000 Class B common shares, which may be converted into 59,550,000 Class A common shares within 60 days of the filing date).  Bangxin Zhang may also be deemed to have sole dispositive power with respect to the above shares.
 
 
8
 
 
Shared Dispositive Power
 
0
 
 
9
 
 
Aggregate Amount Beneficially Owned by Each Reporting Person
 
59,550,000(1) common shares
 
 
10
 
 
Check if the Aggregate Amount in Row (9) Excludes Certain Shares
 
 
o


 
 

 
CUSIP No. G8663P 108
13G
Page 3 of 8 Pages



 
11
 
 
Percent of Class Represented by Amount in Row 9
 
 
 
71.2%(1)(2)
 
 
12
 
 
Type of Reporting Person
 
CO
 

 

(1)
Consisting of 59,550,000 Class B common shares held by Bright Unison Limited, a British Virgin Islands company. Each Class B common share is convertible at the option of the holder into one Class A common share. The rights of the holders of Class A common shares and Class B common shares are identical, except with respect to conversion rights (noted above) and voting rights. Each Class B common share is entitled to ten votes per share, whereas each Class A common share is entitled to one vote per share.   
(2)
Assumes conversion of all such reporting person's Class B common shares into Class A common shares.
 

 
 

 
CUSIP No. G8663P 108
13G
Page 4 of 8 Pages



 
1
 
 
Name of Reporting Person
 
Bangxin Zhang
 
 
2
 
 
Check the Appropriate Box if a Member of a Group
 
 
(a)     o
 
(b)     x
 
 
3
 
 
SEC Use Only
 
 
4
 
 
Citizenship or Place of Organization
 
The People's Republic of China
 
 
Number of
 
Shares
 
Beneficially
 
Owned by
 
Each
 
Reporting
 
Person With
 
 
5
 
 
Sole Voting Power
 
59,550,000(3) common shares, (represented by 59,550,000 Class B common shares, which may be converted into 59,550,000 Class A common shares within 60 days of the filing date). Bright Unison Limited may also be deemed to have sole voting power with respect to the above shares.
 
 
6
 
 
Shared Voting Power
 
0
 
 
7
 
 
Sole Dispositive Power
 
59,550,000(3) common shares, (represented by 59,550,000 Class B common shares, which may be converted into 59,550,000 Class A common shares within 60 days of the filing date). Bright Unison Limited may also be deemed to have sole dispositive power with respect to the above shares.
 
 
8
 
 
Shared Dispositive Power
 
0
 

_________________________
 
(3)
Consisting of 59,550,000 Class B common shares held by Bright Unison Limited, a British Virgin Islands company. Each Class B common share is convertible at the option of the holder into one Class A common share. The rights of the holders of Class A common shares and Class B common shares are identical, except with respect to conversion rights (noted above) and voting rights. Each Class B common share is entitled to ten votes per share, whereas each Class A common share is entitled to one vote per share.
(4)
Assumes conversion of all such reporting person's Class B common shares into Class A common shares.

 
 
 

 
CUSIP No. G8663P 108
13G
Page 5 of 8 Pages



 
9
 
 
Aggregate Amount Beneficially Owned by Each Reporting Person
 
59,550,000(3) common shares
 
 
10
 
 
Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares
 
 
o
 
11
 
 
Percent Of Class Represented By Amount In Row 9
 
 
 
71.2%(3)(4)
 
 
12
 
 
Type of Reporting Person
 
IN
 


 
 

 
CUSIP No. G8663P 108
13G
Page 6 of 8 Pages


Item 1(a).
Name of Issuer:
 
 
TAL Education Group
 
Item 1(b).
Address of Issuer’s Principal Executive Offices:
 
 
18/F, Hesheng Building
32 Zhongguancun Avenue, Haidian District
Beijing 100080
The People's Republic of China
 
Item 2(a).
Name of Person Filing:
 
 
Bright Unison Limited
 
Bangxin Zhang
 
Item 2(b).
Address of Principal Business Office or, if None, Residence:
 
 
Bright Unison Limited
c/o Bangxin Zhang
18/F, Hesheng Building
32 Zhongguancun Avenue, Haidian District
The People's Republic of China

Bangxin Zhang
18/F, Hesheng Building
32 Zhongguancun Avenue, Haidian District
Beijing 100080
The People's Republic of China
 
Item 2(c)
Citizenship:
 
 
Bright Unison Limited – British Virgin Islands
Bangxin Zhang – The People's Republic of China
 
Item 2(d).
Title of Class of Securities:
 
 
Class A common shares
 
Item 2(e).
CUSIP Number:
 
 
G8663P 108
 

 
 

 
CUSIP No. G8663P 108
13G
Page 7 of 8 Pages



Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b), or 240.13d-2(b) or (c), check whether the persons filing is a:
 
 
Not applicable
 
Item 4.
Ownership:
 
 
The following information with respect to the ownership of the Common shares of the issuer by each of the reporting persons is provided as of December 31, 2010:
 
 
Reporting Person
Amount
beneficially
owned:
Percent
of class:
Sole power
to vote or
direct
the vote:
Shared
power to
vote or to
direct
the vote:
Sole power to
dispose or to
direct the
disposition of:
Shared power
to dispose or to
direct the
disposition of:
 
Bright Unison Limited
 
 
59,550,000
 
71.2%
 
59,550,000
 
0
 
59,550,000
 
0
 
 
Bangxin Zhang
 
59,550,000
 
71.2%
 
59,550,000
 
0
 
59,550,000
 
0
 
 
Bright Unison Limited, a British Virgin Islands company, is the record owner of 59,550,000 Class B common shares, which may be converted into 59,550,000 Class A common shares within 60 days of the filing date. Bangxin Zhang is the sole owner and director of Bright Unison Limited.  Pursuant to Section 13(d) of the Securities Exchange Act of 1934, as amended, and the rules promulgated thereunder, Bangxin Zhang may also be deemed to beneficially own all of the shares held by Bright Unison Limited.
 
Bangxin Zhang, a citizen of the People's Republic of China, is the beneficial owner of 59,550,000 Class B common shares, which may be converted into 59,550,000 Class A common shares within 60 days of the filing date.  Pursuant to Section 13(d) of the Securities Exchange Act of 1934, as amended, and the rules promulgated thereunder, Bright Unison Limited may also be deemed to have sole voting power with respect to all of the shares beneficially owned by Bangxin Zhang.
 
Item 5.
Ownership of Five Percent or Less of a Class:
 
 
Not applicable
 
Item 6.
Ownership of More than Five Percent on Behalf of Another Person:
 
 
Not applicable


 
 

 
CUSIP No. G8663P 108
13G
Page 8 of 8 Pages



Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Controlling Person:
 
 
Not applicable
 
Item 8.
Identification and Classification of Members of the Group:
 
 
Not applicable
 
Item 9.
Notice of Dissolution of Group:
 
 
Not applicable
 
Item 10.
Certifications:
 
 
Not applicable
 

 
 

 

 
SIGNATURE
 

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
 

Dated:   February 14, 2011
 

 

 

Bright Unison Limited
By:
/s/ Bangxin Zhang
 
Name:
Bangxin Zhang
 
Title:
Director
   
   
   
Bangxin Zhang
 /s/ Bangxin Zhang
 
Bangxin Zhang



 
 

 

 
LIST OF EXHIBITS
 
 
Exhibit No.
Description
   
A
Joint Filing Agreement


 

 
 

 

ex-a.htm
 
Exhibit A
 
Joint Filing Agreement
 
 
In accordance with Rule 13d-1(k) promulgated under the Securities Exchange Act of 1934, as amended, the undersigned hereby agree to the joint filing with all other Reporting Persons (as such term is defined in the Schedule 13G referred to below) on behalf of each of them of a statement on Schedule 13G (including amendments thereto) with respect to the common shares, with US$ 0.001 per share, of TAL Education Group, a Cayman Islands company, and that this Agreement may be included as an Exhibit to such joint filing.  This Agreement may be executed in any number of counterparts, all of which taken together shall constitute one and the same instrument.
 

[Remainder of this page has been left intentionally blank.]
 


 
 

 

 
Signature Page
 
IN WITNESS WHEREOF, the undersigned hereby execute this Agreement as of February 14, 2011.
 

 

 

Bright Unison Limited
By:
/s/ Bangxin Zhang
 
Name:
Bangxin Zhang
 
Title:
Director
   
   
   
Bangxin Zhang
/s/ Bangxin Zhang
 
Bangxin Zhang