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Neutech Group Limited Announces 2024 Annual Results

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2 years ago

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Deepening the Strategic Transformation toward an Ecosystem of Education, Healthcare, Wellness, and Mind Tour, with Synergies Increasingly Materializing

HONG KONG, March 28, 2025 /PRNewswire/ — On the evening of March 27th, 2025, Neutech Group Limited (Stock Code: 9616.HK) announced the annual results of 2024.

In 2024, the Group leveraged the “Education + Technology + Services” tri-engine model and pursued integrated development across education, healthcare, wellness, and mind tour to drive strategic transformation. This cross-business synergy sustained steady growth: During the reporting period, the Group achieved revenue of approximately RMB2.042 billion, representing a year-on-year increase of 13.1%; the gross profit was RMB969 million, representing a year-on-year increase of 12.0%; adjusted net profit was RMB466 million, representing a year-on-year increase of 8.7%; adjusted net profit margin was 22.8%.

In 2024, building on its education technology foundation, the Group strategically acquired Neutech Healthcare Medical and its subsidiaries to strengthen its healthcare wellness service. Concurrently, it launched the Neuedu Phoenix College brand and introduced elderly education and mind tour services. Marking a new era of transformation, the Company completed its renaming as “Neutech Group Limited”, aligning with its integrated ecosystem strategy. This year not only initiated the Group’s strategic upgrade but also positioned Neutech as a pioneer in building a holistic “teaching, medical, health care and health tourism” ecosystem.

Strengthening Its Educational Foundation and Enhancing Its Core Capabilities

Relying on Neutech’s strong industrial DNA and technological resources, the Group’s education business has achieved accelerated growth and remarkable results. In 2024, In terms of full-time higher education, the three applied undergraduate universities under its umbrella focus on the direction of “IT + digital media + health care”, and the quality of education continues to improve. As of 31 December 2024, the three universities had a total of more than 58,000 students, an increase of 2.3% over the same period in 2023, and a record high year after year. The results of subject competitions have been outstanding. In 2024, students from the three universities won a total of more than 9,100 provincial-level third-prize or higher subject competition awards, more than half of which were national-level awards. Employment and entrepreneurship achieve new heights. As of 31 December 2024, the graduate employment rate for the 2024 cohort across all three universities exceeded 90%, once again demonstrating the strong outcomes of our deep integration between education and industry.

In the terms of educational technology research and development, the Group has built a comprehensive service and product matrix in educational technology. In 2024, we launched the metaverse creative platform openNEU, the Neuedu Smart Education Platform V3.0, and the OpenHarmony ICT Training Lab, further showcasing our commitment to empowering education through technology amid digital transformation.

In terms of educational resource development, the Group has focused on three key sectors—”IT + Digital Media + Health Care”—to establish an integrated 4S product and service system spanning professional content, management platforms, and comprehensive software-hardware solutions. In 2024, the Group provided smart education platforms, educational management software, training laboratory products and supporting teaching materials to 133 educational institutions, while establishing industry-academy partnerships and collaborative specialty programs with 62 colleges and universities, benefiting approximately 23,000 students. Its continuing education services implemented 193 training programs for 94 institutions nationwide, including corporate training, government-commissioned projects, institutional training, teacher development programs and vocational qualification certifications, reaching over 80,000 participants through both online and offline channels. Simultaneously, capitalizing on demographic aging trends, the Group innovatively implemented a  model of education for the elderly featuring “LIFECARES”, which integrates “entertainment, nursing, medicine, and learning”, and established Neuedu Phoenix College in August 2024 with simultaneous enrollment launches in Dalian and Chengdu, accumulating over 250 enrolled students.

Innovation Development in Healthcare Wellness 

To proactively address the profound impacts and unique opportunities presented by China’s increasingly prominent aging society, in 2024 the Group strategically initiated expansion and in-depth development in the silver economy market. The Group has pioneered a new integrated “education healthcare wellness” model, creating a novel ecosystem where: education supports medical care and eldercare; medical services transition to eldercare while supplementing education; and eldercare underpins medical services while assisting education—ultimately forming a stable, interconnected, mutually supportive, efficient and sustainable new industry paradigm.

In terms of the medical care, the Group established four-part integrated system of “medical, health and conservation” in 2024. Ruikang Cardiovascular Hospital handled over 44,000 outpatient and emergency cases, while exceeding 6,000 inpatient admissions and surgical procedures. Meanwhile, Ruikang Stomatolog Hospital served more than 12,000 outpatient visits. In the realm of healthcare, as of December 31, 2024, the Group’s Ruikang Home Care Certer achieved an occupancy rate exceeding 75%. By deeply integrating education, medical care, healthcare, and technology, the Group has realized mutual empowerment between education and industry in practical training bases and talent delivery, promoting efficient resource utilization and continuous value growth.

Looking ahead, the Group will uphold education as its foundation and nexus, deeply engaging in the initiative of “Empower education healthcare wellness ecosystem with technology and boost digital intelligent lifestyles with innovative education.” This entails providing digital-intelligent products and services across the entire lifecycle, encompassing education, healthcare, wellness, industry, and cultural tourism, thereby forging a new integrated development framework. The Group will persist in advancing technology-enabled education and fostering coordinated development across all educational domains. It aims to develop university-affiliated medical and wellness industries, driving the deep integration of healthcare and education through technological innovation. By establishing a digital-intelligent urban elderly care service platform, the Group seeks to offer high-quality consulting services and senior consumer products for home-based, community-based, and institutional elderly care. Additionally, it plans to integrate Neuedu Phoenix College with mind tour services, creating a comprehensive education model of “study-tour-care” model for the elderly. Through efficient sharing and utilization of human, financial, and material resources, the Group aspires to build a harmonious and prosperous ecosystem, delivering greater value to society.

Contact: weilin@neuedu.com 

View original content:https://www.prnewswire.com/apac/news-releases/neutech-group-limited-announces-2024-annual-results-302413932.html

SOURCE Neutech Group Limited

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LEAP Group Relaunches HumanView, a Growth Intelligence System Built to Explain Why Customers Behave the Way They Do

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7 hours ago

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October 24, 2026

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Reimagined from the ground up, HumanView pairs statistical modeling with expert analysts to turn millions of real-world customer signals into business decisions

LOUISVILLE, Ky., Oct. 23, 2026 /PRNewswire/ — LEAP Group today announced the relaunch of HumanView, its growth intelligence service. The new version has been rebuilt from the ground up and now has a dedicated home at leapgroupnetwork.com/humanview.

HumanView analyzes what customers say and do across social platforms, e-commerce sites, review platforms, search behavior and user-generated content, including signals from Reddit, TikTok, YouTube, Meta, Amazon and Walmart+ that general AI tools cannot always access. Because the data reflects unprompted, real-world behavior, it avoids the response bias built into surveys and focus groups.

The service works in three layers. HumanView captures signals at scale, decodes millions of records through validated statistical models such as regression, correlation and clustering, and then relies on experienced analysts to interpret the patterns. Clients receive clear, human-validated insights instead of another dashboard.

“Machines find the patterns. Humans find the point,” said Alan Gilleo, CEO at LEAP Group. “The first version of HumanView showed us how much customers reveal when nobody is asking them questions. This version is built to explain why they act the way they do, and to put those answers in front of everyone making decisions, from product to service to marketing.”

HumanView focuses on three areas:

Growth Intelligence: customer motivations and how people perceive a brand and its competitors

Market and Category Intelligence: product pain points, service friction, unmet needs and competitive gaps

Audience Intelligence: new segments, positioning opportunities and gaps in the market

Every model is designed and validated by data scientists and benchmarked before it informs a recommendation.

To learn more about HumanView, visit leapgroupnetwork.com/humanview.

About LEAP Group
LEAP Group is a boutique marketing agency holding company with offices in Louisville, Indianapolis, Cincinnati and Chicago. Guided by the belief that brands should “Market Less. Matter More.,” LEAP gives clients access to specialized experts across its entire network. Learn more at leapgroupnetwork.com.

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SOURCE LEAP Group

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STEPHEN A. SMITH ADDRESSES WHITE HOUSE DINNER ATTENDANCE, REAFFIRMS COMMITMENT TO HBCUs AND PROTECTING CORPORATE INVESTMENT IN BLACK EDUCATION

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8 hours ago

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October 24, 2026

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NEW YORK, Oct. 23, 2026 /PRNewswire/ — Stephen A. Smith, media mogul, New York Times bestselling author, and proud 1991 graduate of Winston-Salem State University, is addressing the public discussion surrounding his decision to attend a White House dinner with President Donald Trump, emphasizing his commitment to the long-term financial stability of Historically Black Colleges and Universities (HBCUs).

For Smith, the decision was rooted in a commitment to institutions that have educated generations of Black leaders, professionals, entrepreneurs, and public servants.

“I will always advocate for HBCUs and the students whose futures depend on them,” Smith said. “My reason for attending the White House dinner was to discuss the challenges these institutions face in securing long-term funding and to make the case that corporate America must continue to invest in them.”

Smith acknowledged federal support through the FUTURE Act while expressing concern that political tensions surrounding diversity, equity, and inclusion (DEI) could discourage private companies from supporting HBCUs. He maintains that these institutions deserve sustained corporate partnerships, philanthropic contributions, and public investment.

“If we truly believe in free-market capitalism, businesses should be able to support educational institutions and charitable causes without fear of criticism or repercussions,” Smith said. “HBCUs have made extraordinary contributions to this country. They deserve sustained public and private investment.”

Ashley Christopher, Esq., Founder and CEO of the HBCU Week Foundation, recognized Smith’s advocacy and decision to engage with the administration.

“Stephen A. Smith has been a powerful advocate for HBCUs, using his platform and influence to shine a national spotlight on our institutions,” expressed Christopher, “His continued support of HBCU Week helps advance our mission of connecting students with life-changing educational opportunities, and we are proud to have him as our ambassador.”

Since Smith became an HBCU Week Ambassador in 2019, the initiative has facilitated more than 15,000 on-the-spot college acceptances and raised and awarded more than $150 million in scholarships, according to the HBCU Week Foundation.

As public discussion continues, Smith is emphasizing the importance of ensuring HBCUs have the resources and partnerships needed to educate future generations and expand opportunities for students.

CLICK HERE to watch Smith’s full response to his White House visit.

MEDIA CONTACT:

media@mrsasinc.com

View original content:https://www.prnewswire.com/news-releases/stephen-a-smith-addresses-white-house-dinner-attendance-reaffirms-commitment-to-hbcus-and-protecting-corporate-investment-in-black-education-302918547.html

SOURCE Straight Shooter Media

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Advantex Announces Completion of Financing and Extension of Maturity Date of Previously Issued Debentures

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8 hours ago

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October 24, 2026

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TORONTO, Oct. 23, 2026 /CNW/ — Advantex Marketing International Inc. (CSE: ADX) (“Advantex”), a leader in the merchant cash advance and loyalty marketing products for merchants, today announced the completion of a $250,000 secured debt financing. Advantex issued a $250,000 non-convertible debenture which bears an interest rate at 12% per annum and matures December 15, 2027. The proceeds raised from this issuance of the Debenture will be used for working capital purposes.

Advantex has also extended the maturity of its existing $700,000 in 12% secured debentures from October 10, 2026 to December 15, 2027.

About Advantex Marketing International Inc.

Advantex provides working capital to merchants. Advantex also provides specialized marketing programs that enable members of Aeroplan to earn Aeroplan points at participating merchants.

Advantex shares trade on the Canadian Securities Exchange under the symbol ADX. For more information go to Advantex’s profile on www.sedar.com

Forward-Looking Information

This news release contains “forward-looking statements” within the meaning of applicable securities laws relating to the future business and operations of Advantex. Actual results and developments may differ materially from those contemplated by these statements. The business and operations of Advantex described herein is dependent on a number of factors and is subject to a number of risks and uncertainties. Factors that could cause actual results to differ material include, but are not limited to, changes in Advantex’s economic and competitive conditions including but not limited to the industry sectors in which Advantex operates.

The statements in this news release are made of the date of this release. Forward-looking statements are made based on management’s beliefs, estimates and opinions on the date the statements are made and Advantex undertakes no obligation to update forward-looking statements if these beliefs, estimates and opinions or other circumstances should change, except as required by applicable law.

SOURCE Advantex Marketing International Inc.

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