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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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Laifen Expands U.S. Retail Footprint with Costco Launch of Best-Selling SE Hair Dryer

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Starting July 18, Costco Members Can Shop Laifen’s Award-Winning Hair Dryer in Select Warehouse Locations Across the U.S.

NEW YORK, July 18, 2026 /PRNewswire/ — Laifen, ranked the world’s No.1 high-speed hair dryer brand, today announced the launch of its best-selling SE High-Speed Hair Dryer at select Costco warehouse locations, marking the brand’s largest U.S. retail expansion to date and bringing its award-winning haircare technology to Costco members across select U.S. markets.

The launch brings Laifen’s award-winning haircare technology to Costco, making it easier for consumers to experience the brand through one of the nation’s leading membership retailers. Laifen joins Costco’s growing portfolio of premium beauty and personal care brands. The initial rollout includes select Costco warehouse locations across the United States, with a strong presence across the Western U.S., including California, the Pacific Northwest and the Southwest.

Costco’s reputation for quality and its highly selective merchandising approach make this partnership especially meaningful. The Costco launch reflects Laifen’s continued expansion beyond direct-to-consumer channels as the brand accelerates its U.S. omnichannel retail strategy. “Costco represents an important milestone in our U.S. retail strategy,” said Romeo, General Manager of International Business of Laifen. “As more consumers seek salon-quality performance at an accessible price, we’re excited to make Laifen available through one of America’s most trusted retailers.”

Engineered to deliver professional-level performance in a sleek, lightweight design, the Laifen SE is powered by the brand’s proprietary high-speed brushless motor, delivering fast drying, reduced heat damage and smoother styling. An intelligent temperature control system continuously monitors airflow to help minimize frizz while protecting hair from excessive heat.

The Costco launch represents the next phase of Laifen’s U.S. retail expansion as the brand continues to grow beyond its direct-to-consumer and online channels. By expanding into one of the nation’s most trusted retailers, Laifen aims to broaden access to its category-disrupting haircare solutions while advancing its mission to bring more thoughtful design and everyday excellence into more homes.

The Laifen SE High-Speed Hair Dryer in White will be available at select Costco locations, while Costco.com shoppers will have access to additional color options including Purple and Pink, alongside the White model.

For more information on Laifen, please visit LaifenTech.com.

About Laifen: 

Founded in 2019, Laifen is a global personal care technology brand combining high-performance engineering with modern design across hair care, oral care, and grooming categories. Ranked the world’s No. 1 high-speed hair dryer brand by Euromonitor International, Laifen first gained recognition for its self-developed 110,000 RPM high-speed brushless motor, the proprietary technology behind its award-winning hair dryers.

Building on this innovation, Laifen has expanded its portfolio to include electric toothbrushes and shavers, delivering premium technology and elevated everyday experiences to consumers worldwide. Today, Laifen products and accessories are used by over 22 million households across more than 60 countries, supported by more than 600 patents and recognized with over 50 international design and innovation awards. Driven by continuous technological breakthroughs, Laifen is committed to making cutting-edge personal care technology more accessible to consumers around the world.

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SOURCE Laifen

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Pillsbury Notice of Data Breach

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NEW YORK, July 18, 2026 /PRNewswire/ — Pillsbury Winthrop Shaw Pittman LLP (“Pillsbury”) was among many law firms targeted by sophisticated social engineering attempts in an incident last year. While the firm quickly detected and blocked the activity, an unauthorized actor was able to access some of the firm’s documents during a short window of time. Pillsbury notified any impacted clients last year and undertook a detailed process to review the accessed documents for personal information. Pillsbury then began notifying individuals whose personal information was affected. That process is now complete, and today, Pillsbury is publishing substitute notice as a final step.

For more information, please visit the substitute notice on our website at https://www.pillsburylaw.com/en/breach-notice.html

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SOURCE Pillsbury Winthrop Shaw Pittman LLP

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From Remote Racing to Embodied AI: Fibocom and Intedigo Bring 5G Bidirectional Data Transmission into Real-World Applications

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SHANGHAI, July 18, 2026 /PRNewswire/ — From July 17 to 20, Fibocom and Intedigo will jointly present a cross-regional, beyond-visual-line-of-sight (BVLOS) teleoperation demonstration at Booth H3-C408 during the World Artificial Intelligence Conference (WAIC) 2026. Visitors will be able to enter a remote driving cockpit and control a real race car located at HURA PARK in Jiading, Shanghai, steering, accelerating, and braking in real time while experiencing how 5G connectivity enables remote operation.

More than an immersive driving experience, the demonstration provides a live validation of 5G bidirectional data transmission for embodied AI teleoperation. The vehicle continuously sends live track video, vehicle status, and operating data to the remote cockpit, while control commands are transmitted back to the vehicle, creating a closed-loop teleoperation system. Stable, low-latency, and highly reliable connectivity is essential for high-dynamic maneuvers such as high-speed cornering, precision braking, and continuous lane changes.

Developed by Intedigo, the remote driving system connects a real race car with an immersive remote driving cockpit. It supports 1080p@60Hz video transmission, glass-to-glass (G2G) video latency of less than 80 ms, and control latency of less than 10 ms. The demanding racing environment magnifies differences in video continuity and control responsiveness, making communications performance directly perceptible, measurable, and verifiable.

At the joint demonstration, Fibocom’s FM160 5G module provides cellular connectivity for the system. Powered by the Qualcomm Snapdragon™ X62 5G Modem-RF System, the FM160 supports SA and NSA network architectures as well as 3GPP Release 16. On the downlink, it supports NR Carrier Aggregation (NR CA) with bandwidth of up to 120 MHz, delivering peak speeds of up to 3.5 Gbps in NSA mode and 2.5 Gbps in SA mode. On the uplink, it supports UL MIMO and delivers peak speeds of up to 900 Mbps in SA mode. These capabilities support the continuous transmission of HD video and vehicle status data, along with reliable delivery of control commands.

As embodied AI moves into factories, data centers, logistics operations, and industrial parks, robots are becoming increasingly capable of performing tasks autonomously. Yet complex environments, unexpected events, and edge cases still require Human-in-the-Loop (HITL) remote intervention to help ensure safe and reliable operation.

Daniel Liu, CEO of Intedigo, said:

“5G represents the pinnacle of human communications and the starting point of machine communications. In the past, communications connected people to people; in the future, they will connect people to robots and robots to robots. Remote racing is simply the easiest entry point for people to understand this concept. What we are truly validating is a communications system capable of supporting remote collaboration for embodied AI. HURA makes low-latency remote driving a tangible experience, while RoBOX extends this capability to robots and a broader range of intelligent terminals. Together with Fibocom, we hope to enable more machines to receive remote assistance whenever needed while remaining continuously connected and operating reliably.”

Simon Tao, VP of Wireless Solutions Business Group and General Manager of MBB BU at Fibocom, said:

“As embodied AI enters real-world industrial environments, reliable connectivity will become the foundation for telemetry feedback, remote control and operational management. Fibocom’s 5G solutions, represented by FM160, provide the cellular connectivity required for continuous on-site data transmission and reliable control command delivery. Fibocom will continue collaborating with ecosystem partners such as Intedigo to bring cellular connectivity to more robots, autonomous machines and mobile intelligent terminals, enabling embodied AI systems to stay continuously connected and respond reliably in real-world applications.”

From remote race cars to robots, unmanned equipment, and mobile intelligent terminals, 5G is evolving from connecting people to connecting machines. This joint demonstration makes the capabilities of 5G bidirectional data transmission directly perceptible, experiential, and verifiable, helping pave the way for embodied AI to scale across real-world applications.
 

About Fibocom

Fibocom, founded in 1999, is China’s first wireless communication module company listed on both the A-share and H-share markets (300638.SZ, 0638.HK). As a global leading provider of wireless communication modules and AI solutions, Fibocom leverages wireless communication and artificial intelligence as its core technologies to provide integrated hardware and software solutions that empower industry applications. These solutions accelerate the transformation from “Connect Everything” to “Intelligent Connectivity” across diverse industries.

Fibocom’s one-stop solutions encompass cellular communication, AI, automotive, and GNSS modules, as well as AI toolchains, supporting industry-side and mainstream large model integration, and providing AI Agent, global connectivity, and cloud services, driving the digital intelligence upgrades in industries such as robotics, consumer electronics, low-altitude economy, intelligent transportation, smart retail, and smart energy.

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SOURCE Fibocom Wireless Inc.

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