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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; border-top: Black 2.25pt double"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>&nbsp;</B><B>UNITED
STATES</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>SECURITIES AND EXCHANGE COMMISSION</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="text-transform: uppercase"><B>Washington</B></FONT><B>,
D.C. 20549</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; text-align: center; margin-bottom: 0pt"><B>&#9;FORM 8-K&#9;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>CURRENT REPORT</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="text-transform: uppercase"><B>d</B></FONT><B>ate
of Report (Date of earliest event reported): July 16, 2012</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">CHINACAST EDUCATION CORPORATION</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(Exact name of registrant as specified in
its charter)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

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    <TD STYLE="width: 28%; padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Delaware</B></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(State or other jurisdiction of<BR>
        incorporation)</P></TD>
    <TD STYLE="width: 44%; padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>001-33771</B></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(Commission File Number)</P></TD>
    <TD STYLE="width: 28%; padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>20-0178991</B></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(I.R.S. Employer<BR>
        Identification Number)</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-size: 10pt; font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Suite 08, 20/F,</B></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>One International Financial Centre,<BR>
        1 Harbour View Street</B></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Central, Hong Kong<BR STYLE="mso-special-character: line-break">
        <BR STYLE="mso-special-character: line-break">
        </B></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(Address of principal executive offices,
        including zip code)</P></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-size: 10pt; font-weight: bold; text-align: center">&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">Registrant&rsquo;s telephone number, including area code:&#9;(852)
3960 6506</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Check the appropriate box below if the Form 8-K filing is intended
to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction
A.2. below):</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-family: Wingdings">&#168;</FONT></TD><TD STYLE="text-align: justify">Written communications pursuant to Rule 425 under the
Securities Act (17 CFR 230.425)</TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-family: Wingdings">&#168;</FONT></TD><TD STYLE="text-align: justify">Soliciting material pursuant to Rule 14a-12 under the
Exchange Act (17 CFR 240.14a-12)</TD>
</TR></TABLE>

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<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-family: Wingdings">&#168;</FONT></TD><TD STYLE="text-align: justify">Pre-commencement communications pursuant to Rule 14d-2(b)
under the Exchange Act (17 CFR 240.14d-2(b))</TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-family: Wingdings">&#168;</FONT></TD><TD STYLE="text-align: justify">Pre-commencement communications pursuant to Rule 13e-4(c)
under the Exchange Act (17 CFR 240.13e-4(c))</TD>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 58.3pt; text-indent: -58.3pt"><B>Item 8.01.&#9;Other Events.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 58.3pt; text-indent: -58.3pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><I>Hong Kong Litigation</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">As previously disclosed, on June 19, 2012,
ChinaCast Education Corporation (the &ldquo;Company&rdquo;) and several of its subsidiaries had filed a lawsuit with the High Court
of the Hong Kong Special Administrative Region, Court of First Instance (the &ldquo;Hong Kong Court&rdquo;), against former chairman
and chief executive officer Ron Chan Tze Ngon, former chief financial officer Antonio Sena, former chief accounting officer Jim
Ma, and former president-China Jiang Xiangyuan, alleging that these defendants had converted Company cash and assets and committed
various other wrongs against the Company. As previously disclosed, on June 19, 2012, the Hong Kong Court granted an injunction
that restricted the defendants from removing their assets from Hong Kong, up to a value of Rmb800 million, and had scheduled a
hearing for July 6, 2012, to consider continuing the injunction. Prior to the hearing, Mr. Chan, Mr. Sena and Mr. Ma each affirmed
that they will contest the Company&rsquo;s claims against them. On July 13, 2012, the Hong Kong Court scheduled a new hearing for
November 27, 2012, to consider whether the injunction would be continued. Mr. Jiang has not yet appeared before the Hong Kong Court
to contest the Company&rsquo;s claims against him.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><I>Additional Information on Investigations into Questionable
Activities</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Further to its prior public filings, the
Company hereby provides the following additional information regarding its investigations into questionable activities involving
Mr. Chan, Mr. Jiang and/or their associates, which remain under investigation:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>The Company has been informed that Mr. Shi Shicheng, the former vice president who represented the Company at FTBC, has been
detained by Chongqing police since mid-June 2012 and is being investigated for his suspected involvement in loan fraud and misappropriation
of FTBC school funds during the period from 2009 and 2012.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">The Company had previously disclosed that it had discovered
evidence that Mr. Shi may have been involved in the purported transfer of its Hubei Industrial University Business College (&ldquo;HIUBC&rdquo;)
to himself and other unauthorized persons without the approval of the Company&rsquo;s board of directors. As previously disclosed,
according to records filed with the Wuhan Administration of Industry and Commerce (&ldquo;AIC&rdquo;), Mr. Shi (as to 30%) and
Mr. Jiang (as to 70%) purportedly acquired from the Company its equity interest in Wuhan Jiyang Education Investment Co. Ltd. (&ldquo;Jiyang&rdquo;),
the holding company for HIUBC, on March 7, 2012. As previously disclosed, Mr. Shi and Mr. Jiang purportedly transferred their interests
in Jiyang to Wei Hua (as to 40%), Xie Jiwu (as to 40%) and Zhan Xiaochun (as to 20%) on April 5, 2012, according to Wuhan AIC records.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>Separately, the Company has also obtained bank statements which possibly indicate that from January 1,
2012, to April 30, 2012, there may have been a series of cash transfers between Mr. Shi Shicheng&rsquo;s son, Mr. Shi Qinyan, and
the Company that were not authorized by the Company&rsquo;s board of directors, which may have included the unauthorized transfer
of an aggregate Rmb35.9 million from the Company&rsquo;s bank accounts to Mr. Shi Qinyan.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">In connection with its ongoing investigation
into questionable activities by Mr. Chan, Mr. Jiang and/or their associates, the Company is assessing its legal options for recovering
the assets that it believes may have been misappropriated from the Company. The Company also has been in the process of informing
the police about some of the questionable activities of Mr. Chan, Mr. Jiang and their associates uncovered through its ongoing
investigation. The Company, along with certain shareholders, is also pursuing governmental, political and diplomatic channels to
help resolve these issues. However, as with all legal, regulatory and other processes, these processes will take time to complete
and a favorable outcome is not assured. In addition, during the intervening period, these individuals may continue to inflict damage
on the Company, its operations and assets, and its goodwill and reputation (including by incurring additional liabilities on the
Company&rsquo;s behalf), particularly given the limited remedies available under PRC law as compared to some other jurisdictions.
As a result, the Company cannot give any assurance that it will regain control over the assets that the Company believes may have
been misappropriated, and if so, when, or whether the other assets of the Company are secure. To the extent the Company is unable
to regain control over its misappropriated assets or loses control of additional assets or if the results of its investigatory
efforts reveal fraud or other illegal conduct, the Company&rsquo;s business and operations will be materially and adversely harmed.
Furthermore, the matters discussed herein continue to delay the Company&rsquo;s reporting of financial results and could result
in delays in financial reporting for future periods. These matters could also impact the Company&rsquo;s ability to consolidate
certain assets for financial reporting purposes, result in a significant impairment or writeoff, and/or result in additional liabilities
that the Company&rsquo;s management is currently not aware of.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;&nbsp;</P>

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<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">SIGNATURES</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Date: July 16, 2012</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<TABLE BORDER="0" CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif">
<TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="2">ChinaCast
Education Corporation</TD>
    <TD>&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; width: 50%">&nbsp;</TD>
    <TD STYLE="width: 3%">By:</TD>
    <TD STYLE="vertical-align: top; width: 35%">/s/ Derek Feng</TD>
    <TD STYLE="width: 12%">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-top: #000000 1px solid">Derek Feng<BR>Chief Executive Officer</TD>
    <TD>&nbsp;</TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; text-indent: 0pt; margin-top: 0pt; margin-bottom: 6pt">&nbsp;</P>

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{"company-data": {"conformed-name": "CHINACAST EDUCATION CORP", "cik": "0001261888", "assigned-sic": "8200", "irs-number": "200178991", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-33771", "film-number": "12963926"}, "business-address": {"street1": "SUITE 08, 20/F, ONE INTL FINANCE CENTRE", "street2": "1 HARBOUR VIEW STREET", "city": "CENTRAL,", "state": "K3", "zip": "00000", "phone": "(852) 3960 6506"}, "mail-address": {"street1": "SUITE 08, 20/F, ONE INTL FINANCE CENTRE", "street2": "1 HARBOUR VIEW STREET", "city": "CENTRAL,", "state": "K3", "zip": "00000"}, "former-company": {"former-conformed-name": "GREAT WALL ACQUISITION CORP", "date-changed": "20030829"}}
UNITED
STATES
SECURITIES AND EXCHANGE COMMISSION
Washington
,
D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
d
ate
of Report (Date of earliest event reported): July 16, 2012
CHINACAST EDUCATION CORPORATION
(Exact name of registrant as specified in
its charter)
Delaware
(State or other jurisdiction of
incorporation)
001-33771
(Commission File Number)
20-0178991
(I.R.S. Employer
Identification Number)
Suite 08, 20/F,
One International Financial Centre,
1 Harbour View Street
Central, Hong Kong
(Address of principal executive offices,
        including zip code)
Registrant's telephone number, including area code:	(852)
3960 6506
Check the appropriate box below if the Form 8-K filing is intended
to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction
A.2. below):
¨
Written communications pursuant to Rule 425 under the
Securities Act (17 CFR 230.425)
¨
Soliciting material pursuant to Rule 14a-12 under the
Exchange Act (17 CFR 240.14a-12)
¨
Pre-commencement communications pursuant to Rule 14d-2(b)
under the Exchange Act (17 CFR 240.14d-2(b))
¨
Pre-commencement communications pursuant to Rule 13e-4(c)
under the Exchange Act (17 CFR 240.13e-4(c))
Item 8.01.	Other Events.
Hong Kong Litigation
As previously disclosed, on June 19, 2012,
ChinaCast Education Corporation (the "Company") and several of its subsidiaries had filed a lawsuit with the High Court
of the Hong Kong Special Administrative Region, Court of First Instance (the "Hong Kong Court"), against former chairman
and chief executive officer Ron Chan Tze Ngon, former chief financial officer Antonio Sena, former chief accounting officer Jim
Ma, and former president-China Jiang Xiangyuan, alleging that these defendants had converted Company cash and assets and committed
various other wrongs against the Company. As previously disclosed, on June 19, 2012, the Hong Kong Court granted an injunction
that restricted the defendants from removing their assets from Hong Kong, up to a value of Rmb800 million, and had scheduled a
hearing for July 6, 2012, to consider continuing the injunction. Prior to the hearing, Mr. Chan, Mr. Sena and Mr. Ma each affirmed
that they will contest the Company's claims against them. On July 13, 2012, the Hong Kong Court scheduled a new hearing for
November 27, 2012, to consider whether the injunction would be continued. Mr. Jiang has not yet appeared before the Hong Kong Court
to contest the Company's claims against him.
Additional Information on Investigations into Questionable
Activities
Further to its prior public filings, the
Company hereby provides the following additional information regarding its investigations into questionable activities involving
Mr. Chan, Mr. Jiang and/or their associates, which remain under investigation:
·
The Company has been informed that Mr. Shi Shicheng, the former vice president who represented the Company at FTBC, has been
detained by Chongqing police since mid-June 2012 and is being investigated for his suspected involvement in loan fraud and misappropriation
of FTBC school funds during the period from 2009 and 2012.
The Company had previously disclosed that it had discovered
evidence that Mr. Shi may have been involved in the purported transfer of its Hubei Industrial University Business College ("HIUBC")
to himself and other unauthorized persons without the approval of the Company's board of directors. As previously disclosed,
according to records filed with the Wuhan Administration of Industry and Commerce ("AIC"), Mr. Shi (as to 30%) and
Mr. Jiang (as to 70%) purportedly acquired from the Company its equity interest in Wuhan Jiyang Education Investment Co. Ltd. ("Jiyang"),
the holding company for HIUBC, on March 7, 2012. As previously disclosed, Mr. Shi and Mr. Jiang purportedly transferred their interests
in Jiyang to Wei Hua (as to 40%), Xie Jiwu (as to 40%) and Zhan Xiaochun (as to 20%) on April 5, 2012, according to Wuhan AIC records.
·
Separately, the Company has also obtained bank statements which possibly indicate that from January 1,
2012, to April 30, 2012, there may have been a series of cash transfers between Mr. Shi Shicheng's son, Mr. Shi Qinyan, and
the Company that were not authorized by the Company's board of directors, which may have included the unauthorized transfer
of an aggregate Rmb35.9 million from the Company's bank accounts to Mr. Shi Qinyan.
1
In connection with its ongoing investigation
into questionable activities by Mr. Chan, Mr. Jiang and/or their associates, the Company is assessing its legal options for recovering
the assets that it believes may have been misappropriated from the Company. The Company also has been in the process of informing
the police about some of the questionable activities of Mr. Chan, Mr. Jiang and their associates uncovered through its ongoing
investigation. The Company, along with certain shareholders, is also pursuing governmental, political and diplomatic channels to
help resolve these issues. However, as with all legal, regulatory and other processes, these processes will take time to complete
and a favorable outcome is not assured. In addition, during the intervening period, these individuals may continue to inflict damage
on the Company, its operations and assets, and its goodwill and reputation (including by incurring additional liabilities on the
Company's behalf), particularly given the limited remedies available under PRC law as compared to some other jurisdictions.
As a result, the Company cannot give any assurance that it will regain control over the assets that the Company believes may have
been misappropriated, and if so, when, or whether the other assets of the Company are secure. To the extent the Company is unable
to regain control over its misappropriated assets or loses control of additional assets or if the results of its investigatory
efforts reveal fraud or other illegal conduct, the Company's business and operations will be materially and adversely harmed.
Furthermore, the matters discussed herein continue to delay the Company's reporting of financial results and could result
in delays in financial reporting for future periods. These matters could also impact the Company's ability to consolidate
certain assets for financial reporting purposes, result in a significant impairment or writeoff, and/or result in additional liabilities
that the Company's management is currently not aware of.
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SIGNATURES
Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: July 16, 2012
ChinaCast
Education Corporation
By:
/s/ Derek Feng
Derek Feng
Chief Executive Officer
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