As of December 31, 2024, the details
of the Company’s subsidiaries were as follows:
| Entity | | Date of
incorporation | | Place of
incorporation | | Percentage of
direct or indirect
economic ownership | | Principal activities | | Major subsidiaries: | | | | | | | | | | Meten International Education Group | | July 10, 2018 | | Cayman Islands | | 100% | | Investment holding | | Meten Education Investment Limited (“Meten BVI”) | | July 18, 2018 | | British Virgin
Islands (“BVI”) | | 100% | | Investment holding | | Likeshuo Education Investment Limited (“Likeshuo BVI”) | | July 18, 2018 | | BVI | | 100% | | Investment holding | | Meten Education (Hong Kong) Limited (“Meten HK”) | | August 22, 2018 | | Hong Kong | | 100% | | Investment holding | | Likeshuo Education (Hong Kong) Limited (“Likeshuo HK”) | | August 22, 2018 | | Hong Kong | | 100% | | Investment holding | | Meta Path investing holding company | | December 3, 2021 | | Cayman Islands | | 100% | | Investment holding | | Met Chain investing holding company Ltd | | January 5, 2022 | | BVI | | 100% | | Investment holding | | METEN BLOCK CHAIN LLC | | March 8, 2022 | | United States | | 100% | | Investment holding | | Meten Service USA Corp. | | March 3, 2016 | | United States | | 100% | | Investment holding | | BTC DIGITAL SINGAPORE PTE. LTD. | | March 14, 2024 | | Singapore | | 100% | | Investment holding | | QUENCH DATA LLC | | January 3, 2024 | | United States | | 100% | | Leasing of property for Group use only |
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