Education

Visionary Education Technology Holdings Group Inc.


MARKHAM, Canada, Aug. 01, 2022 (GLOBE NEWSWIRE) — Visionary Training Know-how Holdings Group Inc. (the “Firm”) (Nasdaq: VEDU), a Canadian-based non-public schooling supplier that gives high quality academic sources to college students worldwide, introduced as we speak pronounces that the Firm, by means of its wholly owned subsidiary Farvision Training Group Inc., entered right into a strategic cooperation settlement (the “Settlement”) with Guangdong Dadus Advertising Analysis and Promotion Ltd. on July 26, 2022. (“DDS”), a pioneer in market analysis and precision advertising on-line/offline company promoting in China, to open a licensed cooperative workplace (the “Workplace”) in Guangzhou, China to facilitate the Firm’s examine overseas and immigration applications to encourage Chinese language college students and facilitate the corporate’s enterprise growth.

The workplace goals to facilitate the promotion of the corporate’s service idea and worth orientation to Chinese language clients, broaden the corporate’s market share within the Chinese language mainland market, present advisory companies for finding out in Canada and immigrating to Canada in Guangzhou and the Pearl River Delta. and broaden the corporate’s enterprise to different cities in China.

Pursuant to the Settlement, the Firm agrees to authorize DDS as its agent to enroll Chinese language college students within the Firm’s applications in Canada and to supply related supplies required for admission and related counseling. DDS agrees to be answerable for recruiting Chinese language college students for the corporate’s academic applications(1)its examine overseas and immigration applications(2) and promotional occasions and actions. In return for the companies of DDS, the corporate pays DDS sure upkeep and fee charges.

Mr. David Xu, the Firm’s Chief Govt Officer and Chief Working Officer, commented, “We’re delighted to associate with DDS and welcome the chance to supply our academic applications to college students of varied ages in China who intend to review overseas. With our in depth expertise in academic applications and associated immigration companies, we purpose to serve and meet their wants in the absolute best approach. The strategic partnership is one other strategy for us to extend our enterprise presence and broaden our enterprise into the Chinese language market, particularly in Guangzhou and different cities within the Pearl Delta River area. We count on the workplace will pave the best way for us to broaden to different main cities in China, the place we’re dedicated to increasing our academic program and repair companies.”

(1)comprise Masters Applications, Pre-Masters Applications, Worldwide Excessive College Applications, Faculty Applications, College Applications, Pre-Drugs Faculty Coaching Applications and Vocational Training Diploma Applications.
(2)comprise Ontario Secondary College (Ninth-Twelfth grade), faculty and college tutorial schooling, faculty skilled coaching certificates and diploma applications, summer season and winter camps, scholar visa counseling and companies, immigrant visa counseling and companies, and boarding and funding companies.

About Guangdong dadus Market analysis and promotion GmbH

Guangdong Dadu’s Advertising Analysis and Promotion Ltd. was based in 1994 and is without doubt one of the earliest market analysis and offline promoting corporations in China. It has in depth expertise in customer support and experience in industrial expertise. It’s now elevating enterprise capital, endeavor company reorganizations and dedicated to constructing essentially the most progressive on-line/offline precision advertising promoting firm.

About Visionary Training Know-how Holdings Group Inc.

Visionary Training Know-how Holdings Group Inc., headquartered in Markham, Canada, is a Canada-based non-public schooling supplier that gives high quality academic sources to college students all over the world. The corporate goals to supply college students in Canada with entry to secondary, collegiate, undergraduate, graduate {and professional} schooling by means of technological innovation so extra individuals can study, develop and attain their full potential. As a completely built-in supplier of academic applications and companies in Canada, the corporate has served and can proceed to serve each Canadian and worldwide college students. For extra data, go to the corporate’s web site at https://ir.visiongroupca.com.

Ahead-Trying Statements

All statements on this launch apart from statements of historic reality are forward-looking statements. These forward-looking statements contain identified and unknown dangers and uncertainties and are based mostly on the Firm’s present expectations and projections about future occasions that the Firm believes could have an effect on its monetary situation, outcomes of operations, enterprise technique and monetary wants. Traders can determine these forward-looking statements by phrases or phrases comparable to “believes”, “expects”, “anticipates”, “estimates”, “intends”, “would”, “proceed”, “ought to”, “could”. or related expressions. The Firm undertakes no obligation to publicly replace or revise any forward-looking statements to replicate subsequent occasions or circumstances or modifications in its expectations, besides as required by legislation. Though the Firm believes that the expectations mirrored in these forward-looking statements are affordable, it can’t guarantee you that these expectations will show to be appropriate and the Firm cautions buyers that precise outcomes could differ materially from these anticipated outcomes could differ and encourages buyers to assessment different components that would have an effect on its future ends in the corporate’s registration assertion and in its different filings with the SEC.

For extra data, please contact:

Visionary Training Know-how Holdings Group Inc.
Investor Relations division
E-mail: ir@farvision.ca

Ascent Traders Relations LLC
Tina Xiao
president
Phone: +1 917-609-0333
E-mail: tina.xiao@ascent-ir.com



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