SC 13G

 

 

Securities and Exchange Commission

Washington, D.C. 20549

 

 

Schedule 13G

(Rule 13d-102)

Information to be Included in Statements Filed Pursuant

to § 240.13d-1(b), (c) and (d) and Amendments Thereto Filed

Pursuant to § 240.13d-2

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. )*

 

 

OneSmart International Education Group Limited

(Name of Issuer)

Class A Ordinary Shares

(Title of Class of Securities)

68276W103

(CUSIP Number)

December 31, 2018

(Date of Event Which Requires Filing of this Statement)

 

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

☐ Rule 13d-1(b)

☐ Rule 13d-1(c)

☒ 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 the disclosures provided in a prior cover page. The information required in 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. 68276W103

   Schedule 13G    Page 1 of 16

 

  1       

  Names of Reporting Persons

 

   The Carlyle Group L.P.

  2      

  Check the Appropriate Box if a Member of a Group

  (a)  ☐        (b)  ☐

 

  3      

  SEC Use Only

 

  4      

  Citizenship or Place of Organization

 

   Delaware

Number of

Shares

  Beneficially  

Owned by

Each

Reporting

Person

With

    5     

  Sole Voting Power

 

   0

  6     

  Shared Voting Power

 

   926,285,677

  7     

  Sole Dispositive Power

 

   0

  8     

  Shared Dispositive Power

 

   926,285,677

  9      

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

   926,285,677

10      

  Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

  Not Applicable

11      

  Percent of Class Represented by Amount in Row 9

 

   21.9%

12      

  Type of Reporting Person

 

   PN


CUSIP No. 68276W103    Schedule 13G    Page 2 of 16

 

  1       

  Names of Reporting Persons

 

   Carlyle Group Management L.L.C.

  2      

  Check the Appropriate Box if a Member of a Group

  (a)  ☐        (b)  ☐

 

  3      

  SEC Use Only

 

  4      

  Citizenship or Place of Organization

 

   Delaware

Number of

Shares

  Beneficially  

Owned by

Each

Reporting

Person

With

    5     

  Sole Voting Power

 

   0

  6     

  Shared Voting Power

 

   926,285,677

  7     

  Sole Dispositive Power

 

   0

  8     

  Shared Dispositive Power

 

   926,285,677

  9      

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

   926,285,677

10      

  Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

  Not Applicable

11      

  Percent of Class Represented by Amount in Row 9

 

   21.9%

12      

  Type of Reporting Person

 

   OO (Limited Liability Company)


CUSIP No. 68276W103    Schedule 13G    Page 3 of 16

 

  1       

  Names of Reporting Persons

 

   Carlyle Holdings II GP L.L.C.

  2      

  Check the Appropriate Box if a Member of a Group

  (a)  ☐        (b)  ☐

 

  3      

  SEC Use Only

 

  4      

  Citizenship or Place of Organization

 

   Delaware

Number of

Shares

  Beneficially  

Owned by

Each

Reporting

Person

With

    5     

  Sole Voting Power

 

   0

  6     

  Shared Voting Power

 

   926,285,677

  7     

  Sole Dispositive Power

 

   0

  8     

  Shared Dispositive Power

 

   926,285,677

  9      

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

   926,285,677

10      

  Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

  Not Applicable

11      

  Percent of Class Represented by Amount in Row 9

 

   21.9%

12      

  Type of Reporting Person

 

   OO (Limited Liability Company)


CUSIP No. 68276W103    Schedule 13G    Page 4 of 16

 

  1       

  Names of Reporting Persons

 

   Carlyle Holdings II L.P.

  2      

  Check the Appropriate Box if a Member of a Group

  (a)  ☐        (b)  ☐

 

  3      

  SEC Use Only

 

  4      

  Citizenship or Place of Organization

 

   Québec

Number of

Shares

  Beneficially  

Owned by

Each

Reporting

Person

With

    5     

  Sole Voting Power

 

   0

  6     

  Shared Voting Power

 

   926,285,677

  7     

  Sole Dispositive Power

 

   0

  8     

  Shared Dispositive Power

 

   926,285,677

  9      

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

   926,285,677

10      

  Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

  Not Applicable

11      

  Percent of Class Represented by Amount in Row 9

 

   21.9%

12      

  Type of Reporting Person

 

   OO (Québec société en commandit)


CUSIP No. 68276W103    Schedule 13G    Page 5 of 16

 

  1       

  Names of Reporting Persons

 

   TC Group Cayman Investment Holdings, L.P.

  2      

  Check the Appropriate Box if a Member of a Group

  (a)  ☐        (b)  ☐

 

  3      

  SEC Use Only

 

  4      

  Citizenship or Place of Organization

 

   Cayman Islands

Number of

Shares

  Beneficially  

Owned by

Each

Reporting

Person

With

    5     

  Sole Voting Power

 

   0

  6     

  Shared Voting Power

 

   926,285,677

  7     

  Sole Dispositive Power

 

   0

  8     

  Shared Dispositive Power

 

   926,285,677

  9      

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

   926,285,677

10      

  Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

  Not Applicable

11      

  Percent of Class Represented by Amount in Row 9

 

   21.9%

12      

  Type of Reporting Person

 

   PN


CUSIP No. 68276W103    Schedule 13G    Page 6 of 16

 

  1       

  Names of Reporting Persons

 

   TC Group Cayman Investment Holdings Sub L.P.

  2      

  Check the Appropriate Box if a Member of a Group

  (a)  ☐        (b)  ☐

 

  3      

  SEC Use Only

 

  4      

  Citizenship or Place of Organization

 

   Cayman Islands

Number of

Shares

  Beneficially  

Owned by

Each

Reporting

Person

With

    5     

  Sole Voting Power

 

   0

  6     

  Shared Voting Power

 

   926,285,677

  7     

  Sole Dispositive Power

 

   0

  8     

  Shared Dispositive Power

 

   926,285,677

  9      

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

   926,285,677

10      

  Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

  Not Applicable

11      

  Percent of Class Represented by Amount in Row 9

 

   21.9%

12      

  Type of Reporting Person

 

   PN


CUSIP No. 68276W103    Schedule 13G    Page 7 of 16

 

  1       

  Names of Reporting Persons

 

   CAP IV, L.L.C.

  2      

  Check the Appropriate Box if a Member of a Group

  (a)  ☐        (b)  ☐

 

  3      

  SEC Use Only

 

  4      

  Citizenship or Place of Organization

 

   Delaware

Number of

Shares

  Beneficially  

Owned by

Each

Reporting

Person

With

    5     

  Sole Voting Power

 

   0

  6     

  Shared Voting Power

 

   926,285,677

  7     

  Sole Dispositive Power

 

   0

  8     

  Shared Dispositive Power

 

   926,285,677

  9      

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

   926,285,677

10      

  Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

  Not Applicable

11      

  Percent of Class Represented by Amount in Row 9

 

   21.9%

12      

  Type of Reporting Person

 

   OO (Limited Liability Company)


CUSIP No. 68276W103    Schedule 13G    Page 8 of 16

 

  1       

  Names of Reporting Persons

 

   CAP IV General Partner, L.P.

  2      

  Check the Appropriate Box if a Member of a Group

  (a)  ☐        (b)  ☐

 

  3      

  SEC Use Only

 

  4      

  Citizenship or Place of Organization

 

   Cayman Islands

Number of

Shares

  Beneficially  

Owned by

Each

Reporting

Person

With

    5     

  Sole Voting Power

 

   0

  6     

  Shared Voting Power

 

   926,285,677

  7     

  Sole Dispositive Power

 

   0

  8     

  Shared Dispositive Power

 

   926,285,677

  9      

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

   926,285,677

10      

  Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

  Not Applicable

11      

  Percent of Class Represented by Amount in Row 9

 

   21.9%

12      

  Type of Reporting Person

 

   PN


CUSIP No. 68276W103    Schedule 13G    Page 9 of 16

 

  1       

  Names of Reporting Persons

 

   Carlyle Asia Partners IV, L.P.

  2      

  Check the Appropriate Box if a Member of a Group

  (a)  ☐        (b)  ☐

 

  3      

  SEC Use Only

 

  4      

  Citizenship or Place of Organization

 

   Cayman Islands

Number of

Shares

  Beneficially  

Owned by

Each

Reporting

Person

With

    5     

  Sole Voting Power

 

   0

  6     

  Shared Voting Power

 

   926,285,677

  7     

  Sole Dispositive Power

 

   0

  8     

  Shared Dispositive Power

 

   926,285,677

  9      

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

   926,285,677

10      

  Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

  Not Applicable

11      

  Percent of Class Represented by Amount in Row 9

 

   21.9%

12      

  Type of Reporting Person

 

   PN


CUSIP No. 68276W103    Schedule 13G    Page 10 of 16

 

  1       

  Names of Reporting Persons

 

   Origin Investment Holdings Limited

  2      

  Check the Appropriate Box if a Member of a Group

  (a)  ☐        (b)  ☐

 

  3      

  SEC Use Only

 

  4      

  Citizenship or Place of Organization

 

   Cayman Islands

Number of

Shares

  Beneficially  

Owned by

Each

Reporting

Person

With

    5     

  Sole Voting Power

 

   0

  6     

  Shared Voting Power

 

   926,285,677

  7     

  Sole Dispositive Power

 

   0

  8     

  Shared Dispositive Power

 

   926,285,677

  9      

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

   926,285,677

10      

  Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

  Not Applicable

11      

  Percent of Class Represented by Amount in Row 9

 

   21.9%

12      

  Type of Reporting Person

 

   OO (Cayman Islands Exempt Company)


CUSIP No. 68276W103    Schedule 13G    Page 11 of 16

 

ITEM 1.    (a)    Name of Issuer:
     

OneSmart International Education Group Limited (the “Issuer”)

   (b)    Address of Issuer’s Principal Executive Offices:
     

165 West Guangfu Road, Putuo District,

Shanghai, People’s Republic of China

ITEM 2.    (a)    Name of Person Filing:
     

Each of the following is hereinafter individually referred to as a “Reporting Person” and collectively as the “Reporting Persons.” This statement is filed on behalf of:

     

Carlyle Group Management L.L.C.

     

The Carlyle Group L.P.

     

Carlyle Holdings II GP L.L.C.

     

Carlyle Holdings II L.P.

     

TC Group Cayman Investment Holdings, L.P.

     

TC Group Cayman Investment Holdings Sub L.P.

     

CAP IV, L.L.C.

     

CAP IV General Partner, L.P.

     

Carlyle Asia Partners IV, L.P.

     

Origin Investment Holdings Limited

   (b)    Address or Principal Business Office:
     

The business address of TC Group Cayman Investment Holdings, L.P., TC Group Cayman Investment Holdings Sub L.P., CAP IV General Partner, L.P., Carlyle Asia Partners IV, L.P. and Origin Investment Holdings Limited is c/o Walkers Corporate Limited, Cayman Corporate Center, 27 Hospital Road, George Town, Grand Cayman KY1-9008, Cayman Islands. The business address of each of the other Reporting Persons is c/o The Carlyle Group, 1001 Pennsylvania Avenue, NW, Suite 220 South, Washington, D.C. 20004-2505.

   (c)    Citizenship of each Reporting Person is:
     

Carlyle Group Management L.L.C., The Carlyle Group L.P., Carlyle Holdings II GP L.L.C. and CAP IV, L.L.C. are organized in the state of Delaware. Carlyle Holdings II L.P. is a Québec société en commandit. Each of the other Reporting Persons is organized under the laws of the Cayman Islands.


CUSIP No. 68276W103    Schedule 13G    Page 12 of 16

 

   (d)    Title of Class of Securities:
     

Class A Ordinary Shares, par value $0.000001 per share (“Class A Ordinary Shares”).

   (e)    CUSIP Number:
     

68276W103

ITEM 3.      
  

Not applicable.

ITEM 4.    Ownership.
   (a-c)   
  

The ownership information presented below represents beneficial ownership of Class A Ordinary Shares of the Issuer as of December 31, 2018, based upon 4,220,365,545 Class A Ordinary Shares outstanding as of August 31, 2018.

 

Reporting Person   

Amount

beneficially

owned

    

Percent

of class:

    Sole
power
to vote
or to
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:

 

Carlyle Group Management L.L.C.

     926,285,677        21.9     0        926,285,677        0        926,285,677  

The Carlyle Group L.P.

     926,285,677        21.9     0        926,285,677        0        926,285,677  

Carlyle Holdings II GP L.L.C.

     926,285,677        21.9     0        926,285,677        0        926,285,677  

Carlyle Holdings II L.P.

     926,285,677        21.9     0        926,285,677        0        926,285,677  

TC Group Cayman Investment Holdings, L.P.

     926,285,677        21.9     0        926,285,677        0        926,285,677  

TC Group Cayman Investment Holdings Sub L.P.

     926,285,677        21.9     0        926,285,677        0        926,285,677  

CAP IV, L.L.C.

     926,285,677        21.9     0        926,285,677        0        926,285,677  

CAP IV General Partner, L.P.

     926,285,677        21.9     0        926,285,677        0        926,285,677  

Carlyle Asia Partners IV, L.P.

     926,285,677        21.9     0        926,285,677        0        926,285,677  

Origin Investment Holdings Limited

     926,285,677        21.9     0        926,285,677        0        926,285,677  

Origin Investment Holdings Limited is the record holder of 926,285,677 Class A Ordinary Shares.

Carlyle Group Management L.L.C. is the general partner of The Carlyle Group L.P., which is a publicly traded entity listed on NASDAQ. The Carlyle Group L.P. is the managing member of Carlyle Holdings II GP L.L.C., which is the general partner of Carlyle Holdings II L.P., which is the general partner of TC Group Cayman Investment Holdings, L.P., which is the general partner of TC Group Cayman Investment Holdings Sub L.P., which is the managing member of CAP IV, L.L.C.,


CUSIP No. 68276W103    Schedule 13G    Page 13 of 16

 

which is the general partner of CAP IV General Partner, L.P., which is the general partner of Carlyle Asia Partners IV, L.P., which is the majority shareholder of Origin Investment Holdings Limited. Accordingly, each of the forgoing entities may be deemed to share beneficial ownership of the Class A Ordinary Shares held of record by Origin Investment Holdings Limited.

 

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.

 

ITEM 7.

Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company.

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.

Certification.

Not applicable.


CUSIP No. 68276W103    Schedule 13G    Page 14 of 16

 

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.

Date: February 12, 2019

 

CARLYLE GROUP MANAGEMENT L.L.C.
By:  

/s/ Anne Frederick, attorney-in-fact

Name:   Curtis L. Buser
Title:   Chief Financial Officer
THE CARLYLE GROUP L.P.
By: Carlyle Group Management L.L.C., its general partner
By:  

/s/ Anne Frederick, attorney-in-fact

Name:   Curtis L. Buser
Title:   Chief Financial Officer
CARLYLE HOLDINGS II GP L.L.C.
By: The Carlyle Group L.P., its managing member
By: Carlyle Group Management L.L.C., its general partner
By:  

/s/ Anne Frederick, attorney-in-fact

Name:   Curtis L. Buser
Title:   Chief Financial Officer
CARLYLE HOLDINGS II L.P.
By:  

/s/ Anne Frederick, attorney-in-fact

Name:   Curtis L. Buser
Title:   Chief Financial Officer
TC GROUP CAYMAN INVESTMENT HOLDINGS, L.P.
By: Carlyle Holdings II L.P., its general partner
By:  

/s/ Anne Frederick, attorney-in-fact

Name:   Curtis L. Buser
Title:   Chief Financial Officer


CUSIP No. 68276W103    Schedule 13G    Page 15 of 16

 

 

TC GROUP CAYMAN INVESTMENT HOLDINGS SUB L.P.
By: TC Group Cayman Investment Holdings, L.P., its general partner
By: Carlyle Holdings II L.P., its general partner
By:  

/s/ Anne Frederick, attorney-in-fact

Name:   Curtis L. Buser
Title:   Chief Financial Officer
CAP IV, L.L.C.
By:  

/s/ Norma Kuntz

Name:   Norma Kuntz
Title:   Authorized Person
CAP IV GENERAL PARTNER, L.P.
By:  

/s/ Norma Kuntz

Name:   Norma Kuntz
Title:   Authorized Person
CARLYLE ASIA PARTNERS IV, L.P.
By: CAP IV General Partner, L.P., its general partner
By:  

/s/ Norma Kuntz

Name:   Norma Kuntz
Title:   Authorized Person
ORIGIN INVESTMENT HOLDINGS LIMITED
By:  

/s/ Norma Kuntz

Name:   Norma Kuntz
Title:   Director


CUSIP No. 68276W103    Schedule 13G    Page 16 of 16

 

LIST OF EXHIBITS

 

Exhibit No.

 

Description

24

  Power of Attorney.

99

  Joint Filing Agreement.

 

EX-24

Exhibit 24

POWER OF ATTORNEY

The undersigned understands that, from time to time, the Carlyle Companies (defined below) are required to prepare, execute and file certain federal and state securities laws filings.

Know all by these presents, that the undersigned hereby constitutes and appoints each of Jeremy Anderson, Joanne Cosiol, Anne Frederick, Kevin Gasque, Erica Herberg, Norma Kuntz, Joshua Lefkowitz, David Lobe, Karen McMonagle, Aditya Narain, Venu Rathi, Michelle Reing, Ryan Toteja and Catherine Ziobro, or any of them signing singly, and with full power of substitution, the undersigned’s true and lawful attorney-in-fact to:

 

  (1)

prepare, execute in the name of each Carlyle Company and on behalf of each Carlyle Company, and submit to the U.S. Securities and Exchange Commission (the “SEC”) a Form ID, including amendments thereto, and any other documents necessary or appropriate to obtain codes and passwords enabling the undersigned to make electronic filings with the SEC of Forms D (“Form D”) required to be filed in accordance with Rule 503 (“Rule 503”) promulgated with respect to Sections 4(2), 4(6) and 3(b) of the Securities Act of 1933 (the “1933 Act”) and reports required by Sections 13(d) and 16(a) of the Securities Exchange Act of 1934 (the “1934 Act”) or any rule or regulation of the SEC;

 

  (2)

prepare and execute for and on behalf of each Carlyle Company, in the undersigned’s capacity as a Chairman, authorized person, officer and/or director of each Carlyle Company, federal and state securities laws filings including without limitation Forms D pursuant to Rule 503 and Schedules 13D and 13G and Forms 3, 4, and 5 in accordance with Sections 13(d) and 16(a) of the 1934 Act and the rules thereunder;

 

  (3)

do and perform any and all acts for and on behalf of each Carlyle Company which may be necessary or desirable to complete and execute any such federal and state securities laws filings including without limitation Forms D, Schedules 13D and 13G and Forms 3, 4, and 5, complete and execute any amendment or amendments thereto, and timely file such form with the SEC and the securities administrators of any state, the District of Columbia, the Commonwealth of Puerto Rico, Guam and the United States Virgin Islands or their designees and any stock exchange or similar authority; and

 

  (4)

take any other action of any type whatsoever in connection with the foregoing which, in the opinion of such attorney-in-fact, may be of benefit to, in the best interest of, or legally required by, the undersigned, it being understood that the documents executed by such attorney-in-fact on behalf of the undersigned pursuant to this Power of Attorney shall be in such form and shall contain such terms and conditions as such attorney-in-fact may approve in such attorney-in-fact’s discretion.


The undersigned hereby grants to each such attorney-in-fact full power and authority to do and perform any and every act and thing whatsoever requisite, necessary, or proper to be done in the exercise of any of the rights and powers herein granted, as fully to all intents and purposes as the undersigned might or could do if personally present, with full power of substitution or revocation, hereby ratifying and confirming all that such attorney-in-fact, or such attorney-in-fact’s substitute or substitutes, shall lawfully do or cause to be done by virtue of this power of attorney and the rights and powers herein granted, whether the same needs to be executed, taken or done by him in his capacity as a current or former member, partner, shareholder, director or officer of any company, partnership, corporation, organization, firm, branch or other entity connected with, related to or affiliated with any of the entities constituting the Carlyle Companies or entities that directly or indirectly hold interests in the Carlyle Companies.

The undersigned acknowledges that the foregoing attorneys-in-fact, in serving in such capacity at the request of the undersigned, are not assuming any of the undersigned’s responsibilities to comply with federal and state securities laws, including without limitation Rule 503 of the 1933 Act or Section 13 and Section 16 of the 1934 Act.

This Power of Attorney and all authority conferred hereby shall not be terminated by operation of law, whether by the death or incapacity of the undersigned or by occurrence of any other event. Actions taken by an attorney-in-fact pursuant to this Power of Attorney shall be as valid as if any event described in the preceding sentence had not occurred, whether or not the attorney-in-fact shall have received notice of such event. Notwithstanding the foregoing, (i) in the event that an attorney-in-fact is no longer employed by The Carlyle Group Employee Co., L.L.C. or its affiliates, this Power of Attorney and all authority conferred hereby shall be immediately terminated with respect to such Attorney, and (ii) the undersigned may terminate or revoke this Power of Attorney at any time.

For purposes hereof, the “Carlyle Companies” shall consist of: (i) Carlyle Group Management L.L.C., The Carlyle Group L.P., Carlyle Holdings I GP Inc., Carlyle Holdings I GP Sub L.L.C., Carlyle Holdings I L.P., TC Group, L.L.C., Carlyle Holdings II GP L.L.C., Carlyle Holdings II L.P., TC Group Investment Holdings, L.P., Carlyle Holdings III GP Management L.L.C., Carlyle Holdings III GP L.P., Carlyle Holdings III GP Sub L.L.C., Carlyle Holdings III L.P., TC Group Cayman L.P., TC Group Sub L.P., TC Group Investment Holdings Sub L.P., TC Group Cayman Investment Holdings Sub L.P., TC Group Cayman Sub L.P. and (ii) the subsidiaries and affiliates of the foregoing in clause (i), including without limitation investment funds sponsored directly or indirectly by one or more of the Carlyle Companies.

[Signature Page Follows]


IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be executed as of this 11th day of February, 2019.

 

By:

 

/s/ Curtis L. Buser

Name:   Curtis L. Buser
Title:   Chief Financial Officer
EX-99

Exhibit 99

JOINT FILING AGREEMENT

In accordance with Rule 13d-1(k)(1) promulgated under the Securities Exchange Act of 1934, as amended, the undersigned hereby agree that they are jointly filing this statement on Schedule 13G. Each of them is responsible for the timely filing of such statement and any amendments thereto, and for the completeness and accuracy of the information concerning such person contained therein; but none of them is responsible for the completeness or accuracy of the information concerning the other persons making the filing, unless such person knows or has reason to believe that such information is inaccurate.

IN WITNESS WHEREOF, the undersigned hereby execute this Joint Filing Agreement as of the 12th day of February, 2019.

 

CARLYLE GROUP MANAGEMENT L.L.C.
By:  

/s/ Anne Frederick, attorney-in-fact

Name:   Curtis L. Buser
Title:   Chief Financial Officer
THE CARLYLE GROUP L.P.
By:   Carlyle Group Management L.L.C., its general partner
By:  

/s/ Anne Frederick, attorney-in-fact

Name:   Curtis L. Buser
Title:   Chief Financial Officer
CARLYLE HOLDINGS II GP L.L.C.
By:   The Carlyle Group L.P., its managing member
By:   Carlyle Group Management L.L.C., its general partner
By:  

/s/ Anne Frederick, attorney-in-fact

Name:   Curtis L. Buser
Title:   Chief Financial Officer
CARLYLE HOLDINGS II L.P.
By:  

/s/ Anne Frederick, attorney-in-fact

Name:   Curtis L. Buser
Title:   Chief Financial Officer


TC GROUP CAYMAN INVESTMENT HOLDINGS, L.P.
By:   Carlyle Holdings II L.P., its general partner
By:  

/s/ Anne Frederick, attorney-in-fact

Name:   Curtis L. Buser
Title:   Chief Financial Officer
TC GROUP CAYMAN INVESTMENT HOLDINGS SUB L.P.
By:   TC Group Cayman Investment Holdings, L.P., its general partner
By:   Carlyle Holdings II L.P., its general partner
By:  

/s/ Anne Frederick, attorney-in-fact

Name:   Curtis L. Buser
Title:   Chief Financial Officer
CAP IV, L.L.C.
By:  

/s/ Norma Kuntz

Name:   Norma Kuntz
Title:   Authorized Person
CAP IV GENERAL PARTNER, L.P.
By:  

/s/ Norma Kuntz

Name:   Norma Kuntz
Title:   Authorized Person
CARLYLE ASIA PARTNERS IV, L.P.
By:   CAP IV General Partner, L.P., its general partner
By:  

/s/ Norma Kuntz

Name:   Norma Kuntz
Title:   Authorized Person
ORIGIN INVESTMENT HOLDINGS LIMITED
By:  

/s/ Norma Kuntz

Name:   Norma Kuntz
Title:   Director