TARENA INTL INC

CUSIP: 876108101 Class: American Depository Receipt

Yiheng Capital Management, L.P.'s Holding History (CIK: 0001447228)

Note: Option positions (PUT/CALL) are excluded.

Q1 2016

Shares 289,103 Value ($000) $3,125 Avg Close — Range —

Q4 2015

Shares 448,941 Value ($000) $4,687 Avg Close — Range —

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2016	289,103	$3,125	—	—
Q4 2015	448,941	$4,687	—	—