SCHEDULE 13G

TAL ED GROUP

Class A Common Shares · CUSIP: 874080104

Event date: 2024-12-31

Reporting persons may disclose overlapping interests. Their amounts are shown individually and are not added into a filing total.

Filing-level shares

Unavailable

Percent of class

Unavailable

• Morgan Stanley

  Shares: 8,908,863 · Class: 5.8%

• Morgan Stanley Capital Services LLC

  Shares: 8,687,880 · Class: 5.7%

Amounts are as disclosed in this filing. Schedule type alone does not establish investment intent.