Form: 20-F

Annual and transition report of foreign private issuers pursuant to Section 13 or 15(d)

May 14, 2021

Exhibit 8.1

List of Significant Subsidiaries and Consolidated Affiliated Entities of RYB Education, Inc.

Subsidiaries

Place of
Incorporation

Beijing RYB Technology Development Co., Ltd.
(北京红黄蓝科技发展有限公司)

PRC

Precious Companion Group Limited

(启元教育集团有限公司)

Hong Kong

Consolidated Variable Interest Entity

Place of
Incorporation

Beijing RYB Children Education Technology Development Co., Ltd. 
(北京红黄蓝儿童教育科技发展有限公司)

PRC

Subsidiaries and Sponsored Entities of Consolidated Variable Interest Entity

Place of
Incorporation

Beijing Aizhudou Culture Development Co., Ltd.

(北京爱竹兜文化发展有限公司)

PRC

Shenzhen RYB Children Education Technology Development Co., Ltd.

(深圳红黄蓝儿童教育科技有限公司)

PRC

Beijing Youer Lezhi Technology Development Co., Ltd.

(北京优儿乐智科技发展有限公司)

PRC

* Other subsidiaries and sponsored entities of the consolidated variable interest entity of RYB Education, Inc. have been omitted from this list since, considered in the aggregate as a single entity, they would not constitute a significant subsidiary.

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