In order to regulate the management of kindergarten fees and safeguard the legitimate rights of the children and kindergartens, the National Development and Reform Commission (“NDRC”), the Ministry of Education and the Ministry of Finance jointly issued the Interim Measures on Management of Kindergarten Fees (Fa Gai Jia Ge [2011] No. 3207, the“Interim Measures”) on December 31, 2011, which shall take effect as of January 30, 2012.