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Neusoft Education Actively Advances Education-Healthcare-Wellness Integrated Development, Starting a New Horizon for High-Quality Development

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HONG KONG, Aug. 29, 2024 /PRNewswire/ — Neusoft Education Technology Co. Limited (Stock code: 9616.HK, “Neusoft Education” or “the Group”) announced its interim results for 2024. In 2024, the Group strategically expanded its elderly education and healthcare and wellness services on the basis of its existing “One Fundamental Business with Two Strategic Businesses” business system, and entered into a new strategic stage of healthcare-wellness integrated development. In the first half of the year, the Group achieved revenue of approximately RMB968 million, representing a year-on-year increase of 5.4%; gross profit of approximately RMB511 million, representing a year-on-year increase of 11.2%; and adjusted net profit of approximately RMB277 million, representing a year-on-year increase of 1.8%.

Deepening digital talent education services while empowering development with a “technology +R&D” dual-engine mode
In the first half of 2024, Neusoft Education’s full-time higher education program comprising its three self-owned universities further improved in terms of enrollment scale, educational quality, and reputation. As of 30 June 2024, the total number of student enrollments in the three universities amounted to approximately 57,000, marking a year-on-year increase of approximately 7.5% compared with that of 2023, setting a new record high. The teaching quality of these institutions has saw steady improvement, with Dalian University cumulatively obtaining 7 National-level First-class Bachelor Degree Programme Construction Sites (國家級一流本科專業建設點) and 8 Provincial-level First-class Bachelor Degree Programme Construction Sites (省級一流本科專業建設點); Chengdu University cumulatively obtaining 1 National-level First-class Bachelor Degree Programme Construction Site and 6 Provincial-level First-class Bachelor Degree Programme Construction Sites; and Guangdong University cumulatively obtaining 3 Provincial-level First-class Bachelor Degree Programme Construction Sites. Dalian University ranked second in China and first in Liaoning Province in the WUSHULIAN China’s First-Class Private Universities Rankings (2024).

In terms of education resources business, in the first half of 2024, we optimized the cooperation structure for joint establishment of academic majors, deepened the programmes of joint establishment of academic majors, and collaborated with 54 institutions on the joint establishment of industrial colleges and academic majors, with a total of 224 cooperation projects covering approximately 20,000 students. At the same time, we continued to improve the 4S product service system, launched the Metaverse Creation Sharing Platform – OpenNEU (元宇宙創意創作分享平台– OpenNEU), the Comprehensive Innovation Quality Development Platform (全維創新素質發展平台), and the Intelligent Platform for Educational Quality Monitoring and Evaluation (教育質量監測評估數智化平台). Based on continuous application and practical verification in three universities, we focused on the application scenarios of “teaching-learning-management training-evaluation”, and iteratively upgraded the integrated Neuedu Smart Education. In addition, we newly launched several practical training labs including the HarmonyOS OpenHarmony Information Technology Innovation Practical Training Lab, Intelligent and Connected Vehicle Practical Training Lab, Large Model Practical Training Lab, Virtual Studio Practical Training Lab, and Smart Manufacturing Dual Carbon Control System Practical Training Lab, forming a portfolio of smart practical training lab products that cover Neuedu’s five predominant advantageous major clusters: computer science & software, artificial intelligence, big data, digital media, and healthcare and wellness.

In terms of continuing education business, during the Reporting Period, we implemented 42 2B training projects for 33 institutions across 12 provincial regions, covering nearly 3,000 trainees. For 2C training services, Neuedu has established partnerships with over 2,000 renowned enterprises, to create a closed-loop rolling talent delivery and diversified cooperation model Neuedu Online and Neuedu IT Cloud Class had registered users of approximately 2.3 million.

Intensifying efforts in elderly education and wellness businesses, and building the “education-healthcare-wellness” integrated strategic layout
The Group has strategically embarked on expanding and deepening our presence in the silver economy market and completed the acquisition of Neusoft Health Medical Management Co., Ltd. and its subsidiaries on 31 May 2024, improving the layout of education-healthcare-wellness business.

By integrating healthcare and wellness industry resources, it constructed a unique and integrated elderly education product, Neuedu Phoenix Academy, that integrates “education, healthcare, wellness, and travel”. It has created an integrated new “LIFECARES” model for elderly education, which encapsulates leisure, wellness, healthcare and education, tailored to meet the individual needs of seniors in learning, socializing, and health in the digital times, comprehensively covering their physical and mental needs in diverse life stages from early retirement to advanced age. Currently, Neuedu Phoenix Academy primarily offers distinctive courses in three major sections: “AI and Artistic Creation”, “Health and Rehabilitation”, and “Mental Wellness Travel”. The academy has started to recruit students in Dalian and Chengdu.

Looking ahead, Neuedu will leverage its research and development capabilities in “education + technology + healthcare and wellness” to forge a new integrated development paradigm that intertwines education, healthcare, wellness and other key resources. It will deepen the development of elderly education by leveraging educational resources and teaching facilities our three universities, designing a wide range of diversified elderly education courses and establishing practical training bases for healthcare, wellness, tourism. Neuedu will actively expand the quality cooperation network at home and abroad, jointly establish the smart elderly care technology platform and wellness talents output system, and form the new benchmark in China’s elderly care technology industry. We will accelerate the professional layout of healthcare and wellness services with a focus on quality enhancement and cultivation improvement to support our business development; at the same time, by leveraging advanced technologies and superior resources, we continue to improve the 4S product service system to establish Neuedu’s leading brand with distinctive features in digital talent education services, and make continuous efforts to foster a stable, interoperable, mutually supportive, efficient, and sustainable new business format, where education enhances healthcare and wellness, healthcare transitions into wellness and supplements education, and wellness supports and complements both healthcare and education.

About Neusoft Education Technology Co. Limited
Headquartered in Dalian, Neusoft Education Technology Co. Limited (“Neuedu” or the “Company”) is China’s leading IT higher education technology group and a provider of digital talent education services. For more than 20 years, the Company has leveraged its research and development capabilities in “education + technology + healthcare and wellness” with a focus on value creation for learners to embark on a fresh strategic chapter featuring an integrated development paradigm that intertwines education, healthcare, and wellness.

In full-time formal higher education services, since 2000, the Company has established three IT application-oriented undergraduate universities with a high starting point and standards in Dalian, Liaoning, Chengdu, Sichuan, and Foshan, Guangdong, under brand-new institutional mechanisms, namely, Dalian Neusoft University of Information, Chengdu Neusoft University, and Neusoft Institute, Guangdong. In education resources, it has established a 4S product service system spanning four levels: resources, software, platforms, and data (CaaS – Content as a Service, SaaS – Software as a Service, PaaS – Platform as a Service, DaaS – Data as a Service), continuously empowering more undergraduate universities and vocational colleges with first-class educational products and services. In continuing education services, the Company has established a continuing education service system with its own characteristics. In healthcare and wellness services, on 31 May 2024, the Company completed the acquisition of Neusoft Healthcare Management Co., Ltd. and its subsidiaries, namely Cardiovascular Hospital, Stomatological Hospital and Nursing Home, thereby embarking on a fresh strategic chapter.

CONTACT: Wei Lin, weilin@neuedu.com

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SOURCE Neusoft Education Technology Co. Limited

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BASX Hosts Ribbon-Cutting Ceremony for New State-of-the-Art Weld Shop

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REDMOND, Ore., Sept. 19, 2024 /PRNewswire/ — BASX (“BASX” or the “Company”), a leader in the manufacturing of high-efficiency data center cooling solutions, cleanroom systems, and custom HVAC systems, is proud to announce the official ribbon-cutting ceremony for its newly completed 36,000-square-foot weld shop. The Redmond Chamber of Commerce performed the ribbon cutting on September 18th, 2024, at BASX headquarters.

The weld shop will create significant job opportunities in the Central Oregon region, with the capacity to fill an additional 30 welding positions. Positions range from entry-level to experienced roles, with professional opportunities in various growing departments within the Company.

“This new facility is a major investment not just in our company, but in the future of Central Oregon,” said Dave Benson, AAON VP and BASX President. “We can now deliver even higher levels of quality and efficiency while providing more job opportunities for the community. We’re proud to support local manufacturing growth and look forward to seeing the impact this expansion will have on both BASX and the region.”

The new shop marks a major expansion in the Company’s production capabilities, introducing state-of-the-art welding technology within a climate-controlled environment. Equipped with advanced air filtration systems, including an AAON make-up air unit and multiple air scrubbers, the shop ensures exceptional air quality for its workers. The space also features two 5-ton overhead cranes and six ½-ton cantilever jib cranes, allowing for efficient movement of materials across the facility.

A key highlight of the facility is its cutting-edge tube laser, capable of precision cutting and profiling round and square tubes, as well as C-channel and I-beam profiles up to 27 feet in length. Additionally, a 75-foot-long dual-zone robotic welding cell is scheduled to be installed and operational in early 2025, enabling the welding of large subassemblies up to 10 tons.

The shop’s innovative capabilities will support the Company’s growth and solidify its position for ongoing expansion. In addition to the 30 new welding jobs, BASX is actively hiring across various departments to support its continued success. To learn more about available positions and apply, visit the BASX careers page at www.basxsolutions.com/careers.

About BASX
Founded in 2014 in Central Oregon, BASX is an industry leader in the manufacturing of high-efficiency data center cooling solutions, cleanroom systems, custom HVAC systems, and modular solutions. Acquired by AAON in 2021, BASX continues to focus on quality, innovation, and state-of-the-art technology. The Company is proud to display the Made-in-America emblem on all its products. For more information, please visit www.basx.com.

Contact Information
Christina Lattanzio
Marketing Manager
(918) 508-9272
Email: Marketing@basx.com

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SOURCE AAON

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NASA Sets Coverage for Astronaut Tracy C. Dyson, Crewmates Return

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WASHINGTON, Sept. 19, 2024 /PRNewswire/ — NASA astronaut Tracy C. Dyson, accompanied by Roscosmos cosmonauts Nikolai Chub and Oleg Kononenko, will depart from the International Space Station aboard the Soyuz MS-25 spacecraft, and return to Earth.

Dyson, Chub, and Kononenko will undock from the orbiting laboratory’s Prichal module at 4:37 a.m. EDT Monday, Sept. 23, heading for a parachute-assisted landing at 8 a.m. (5 p.m. Kazakhstan time) on the steppe of Kazakhstan, southeast of the town of Dzhezkazgan.

NASA’s live coverage of return and related activities will stream on NASA+ and the agency’s website. Learn how to stream NASA content through a variety of platforms, including social media.

A change of command ceremony also will stream on NASA platforms at 10:15 a.m. Sunday, Sept. 22. Kononenko will hand over station command to NASA astronaut Suni Williams for Expedition 72, which begins at the time of undocking.

Spanning 184 days in space, Dyson’s mission includes covering 2,944 orbits of the Earth and a journey of 78 million miles. The Soyuz MS-25 spacecraft launched March 23, and arrived at the station March 25, with Dyson, Roscosmos cosmonaut Oleg Novitskiy, and spaceflight participant Marina Vasilevskaya of Belarus. Novitskiy and Vasilevskaya were aboard the station for 12 days before returning home with NASA astronaut Loral O’Hara on April 6.

Kononenko and Chub, who launched with O’Hara to the station on the Soyuz MS-24 spacecraft last September, will return after 374 days in space and a trip of 158.6 million miles, spanning 5,984 orbits.

Dyson spent her fourth spaceflight aboard the station as an Expedition 70 and 71 flight engineer, and departs with Kononenko, completing his fifth flight into space and accruing an all-time record 1,111 days in orbit, and Chub, who completed his first spaceflight.

After returning to Earth, the three crew members will fly on a helicopter from the landing site to the recovery staging city of Karaganda, Kazakhstan. Dyson will board a NASA plane and return to Houston, while Kononenko and Chub will depart for a training base in Star City, Russia.

NASA’s coverage is as follows (all times Eastern and subject to change based on real-time operations):

Sunday, Sept. 22
10:15 a.m. – Expedition 71/72 change of command ceremony begins on NASA+ and the agency’s website.

Monday, Sept. 23
12:45 a.m. – Hatch closing coverage begins on NASA+ and the agency’s website.

1:05 a.m. – Hatch closing

4 a.m. – Undocking coverage begins on NASA+ and the agency’s website.

4:37 a.m. – Undocking

6:45 a.m. – Coverage begins for deorbit burn, entry, and landing on NASA+ and the agency’s website.

7:05 a.m. – Deorbit burn

8 a.m. – Landing

For more than two decades, people have lived and worked continuously aboard the International Space Station, advancing scientific knowledge, and making research breakthroughs that are not possible on Earth. The station is a critical testbed for NASA to understand and overcome the challenges of long-duration spaceflight and to expand commercial opportunities in low Earth orbit. As commercial companies focus on providing human space transportation services and destinations as part of a robust low Earth orbit economy, NASA is focusing more resources on deep space missions to the Moon as part of Artemis in preparation for future human missions to Mars.

Learn more about International Space Station research and operations at:

https://www.nasa.gov/station

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SOURCE NASA

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Global claims guidance leader EvolutionIQ joins as CALI’s inaugural Life Partner

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NEW YORK, Sept. 20, 2024 /PRNewswire/ — US-based EvolutionIQ, a global leader in claims guidance technology, has signed on as the Council of Australian Life Insurers (CALI)’s first Life Partner as part of its corporate partner program.

The CALI Partner Program is designed to foster collaboration and create a connected ecosystem of industry experts.

CALI Life Partners share the industry’s mission to make life insurance accessible, understandable and trusted. They are companies that support Australian life insurers to help Australians and their families have peace of mind about their future so they can live in the most healthy, confident and secure way.

“We are pleased to welcome EvolutionIQ as CALI’s inaugural Life Partner. The CALI Partner Program plays an important role in connecting our members to the latest innovators, like EvolutionIQ, that can move their businesses forward,” said CALI CEO Christine Cupitt.

“We want to work closely with each of our partners to strengthen and support the life insurance industry to deliver better customer experiences for millions of Australians on their best and worst days.”

Headquartered in New York, EvolutionIQ has expanded significantly since 2019. Its clients include major insurance carriers such as Sun Life, Reliance Matrix and Principal Financial. Their AI-powered software makes insurance claims processes more personalised, fair and cost-effective so that more people can recover faster and return to work.

“We are committed to supporting the Australian life insurance ecosystem and being a CALI Life Partner enables us to specialise our products to meet the dynamic needs of the Australian markets,” said EvolutionIQ’s Co-CEO, Mike Saltzman.

“Our partnership with CALI means we can contribute to and shape customer experiences in Australia, and ultimately help more people return to health and a livelihood sooner.”

About EvolutionIQ
EvolutionIQ pioneered Claims Guidance in 2019. Its explainable AI guides insurance claims professionals to their highest potential impact claims, improving the claimant experience and delivering better claim outcomes to claimants, carriers and their customers. EvolutionIQ serves the group disability, individual disability and workers’ compensation markets worldwide. EvolutionIQ’s AI native products have been adopted by 70% of the top 15 U.S. disability carriers and a growing list of workers’ compensation carriers. The New York-based company employs 185 staff across the United States, Europe and Australia. For more information, visit evolutioniq.com and follow the company on LinkedIn.

About CALI
We support Australians to make informed choices about their future and help them live in a healthy, confident and secure way over their lifetime.

Our members’ products and services give people peace of mind when making important decisions and provide a financial safety net during life’s biggest challenges.

We advocate for national policy settings that expand Australians’ access to the life insurance protection that suits them when they need it most.

CALI represents all life insurers and reinsurers in Australia. The Australian life insurance industry is today a $26.4billion industry, employing thousands of Australians and paying billions of dollars of benefits each year.

To view CALI’s corporate partners visit www.cali.org.au/about-us/#our-partners

For more information, visit www.cali.org.au

Media Contact
Jason Kapler
Vice President of Marketing
EvolutionIQ
(917) 740-5608
Press@evolutioniq.com

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SOURCE EvolutionIQ

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