Core Insights - Visionary is entering the new energy vehicle industry, aiming to create an integrated industrial ecosystem encompassing "vehicle-station-power-cloud-research-finance" to promote sustainable development [1][11] Industrial Ecosystem Construction - The new energy vehicle is the core of Visionary's industrial ecosystem, with plans for collaboration with Magna Group and Skyworth Group to develop new vehicle models for Hong Kong and Southeast Asia [2] - The strategic layout is expected to facilitate the popularization of new energy vehicles, supported by favorable policies in Hong Kong and the potential of the Southeast Asian market [2] Battery Swap Station Network - Visionary will collaborate with battery swap enterprises in China to strategically plan the location of battery swap stations, enhancing efficiency and reducing costs [3] - The standardized design aims to create a convenient battery swap network for new energy vehicle users [3] Battery Lifecycle Management - The company plans to establish a battery bank in cooperation with leading battery enterprises for standardized and digital management of batteries, focusing on procurement, usage, and recycling [4] - A distributed energy storage system will be developed to support stable power grid operations and promote efficient energy use [4] Intelligent Operation - Visionary will create an intelligent cloud platform to integrate data from vehicles, users, and battery swap stations, optimizing services through data analysis [5] - This platform aims to enhance user experience and improve operational efficiency for the enterprise [5] Research and Innovation - Collaboration with universities, including the University of Toronto, will focus on key areas such as battery technology and intelligent driving to drive technological innovation [6] - The goal is to enhance the industry's core competitiveness and maintain a leading position [6] Financial Services - Visionary plans to partner with OZTURK HOLDING to offer financial leasing services for new energy vehicles and batteries, providing low-interest loans to alleviate financial pressure on buyers [7] - Comprehensive financial support will be provided to bolster industrial development [7] Technology Integration and Management - The company will integrate technical resources across the ecosystem, employing intelligent driving technology and automated battery swap equipment [8] - A unified operation management system will be established to optimize resource allocation and improve service quality [9] Market Promotion - Visionary will utilize local media, social platforms, and offline activities to promote the advantages of new energy vehicles and the convenience of battery swap modes [10] Overall Ecosystem Impact - The constructed industrial ecosystem encompasses technology R&D, production, market promotion, and financial services, forming a closed-loop system [11] - This innovative model aligns with green development trends and is expected to yield significant achievements in the new energy vehicle sector [11]

Core Insights - Visionary Holdings has secured an order for 12,000 new energy vehicles specifically for the Hong Kong taxi market, highlighting its manufacturing strength and potential for market expansion [1][2] - The company plans to establish a network of battery swap service stations in Hong Kong to enhance operational efficiency and support the growing demand for green transportation [3][5] Group 1: New Energy Vehicle Order - The order for 12,000 new energy vehicles represents a significant achievement for Visionary Holdings in the new energy vehicle sector, aimed at addressing the increasing demand for environmentally friendly transportation in Hong Kong [2] - New energy vehicles are characterized by zero emissions and low energy consumption, contributing positively to air quality and sustainable development in the region [2] Group 2: Battery Swap Service Stations - Visionary Holdings intends to create a comprehensive network of battery swap service stations, utilizing advanced technologies to facilitate quick battery replacements, thereby improving taxi operational efficiency [3][4] - The battery swap model is designed to reduce downtime for taxis compared to traditional charging methods, potentially increasing drivers' income [3] Group 3: Intelligent Management and Ecosystem Development - The company will implement an intelligent management system for real-time monitoring and scheduling of battery swap stations, enhancing service reliability and user convenience through a mobile application [4] - Establishing the battery swap network is a strategic move towards building an industrial ecosystem for new energy vehicles, with ongoing investments in R&D, production, and service improvements planned for the future [5] Group 4: Market Position and Economic Impact - With the development of the battery swap service network, Visionary Holdings is poised to become a key player in the Hong Kong new energy vehicle market, which is expected to yield significant economic benefits [6] - The initiative will also contribute positively to the promotion of green transportation and sustainable development in the Hong Kong region [6]

Core Insights - The integration of artificial intelligence in the medical field is revolutionizing healthcare, particularly through targeted therapy, which is reshaping cancer treatment and other major diseases [1][2] - Visionary Holdings is a leading player in the biopharmaceutical sector, focusing on targeted therapy and precision medicine, with significant investments in innovative technologies [3][4] Industry Overview - Targeted therapy is based on molecular biology, effectively targeting diseased cells while minimizing harm to healthy cells, leading to improved treatment outcomes and reduced side effects compared to traditional therapies [2] - The global biopharmaceutical market is expected to exceed $1.5 trillion by 2030, with the precision medicine sector projected to grow at a compound annual growth rate (CAGR) of over 10% [2] Company Strategy - Visionary Holdings is investing in tumor-targeted therapy, gene sequencing, AI-assisted drug development, and liquid biopsy technologies to enhance cancer treatment and early diagnosis [3][4] - The company has made strategic investments in biotech firms to develop third-generation EGFR inhibitors for non-small cell lung cancer, which are currently in global clinical trials [4] - Collaborations with leading biotech firms and AI pharmaceutical companies are focused on developing next-generation anticancer drugs targeting specific gene mutations [5] Future Outlook - The combination of targeted therapy and immunotherapy is anticipated to be a significant trend, with AI integration expected to shorten drug development cycles and reduce costs [6] - Visionary Holdings aims to expand the application of targeted therapy to a broader range of diseases, enhancing patient access to advanced treatments [6]

Core Insights - Acentra Health's Chief Technology Officer, Harish Nanda, has been recognized as a 2024 NVTC Tech100 Tech Executive honoree, highlighting the company's commitment to innovation in healthcare technology [1][2] - Acentra Health has been acknowledged among the Tech100 companies for its role in driving innovation and supporting economic growth in the Northern Virginia region [1][4] Company Initiatives - Under Nanda's leadership since 2019, Acentra Health has improved health outcomes for over 140 million U.S. beneficiaries through innovative products and solutions [2] - Key strategic initiatives led by Nanda in 2024 include: - Successful migration of key products to the cloud - Adoption of a microservices-based architecture for independent scaling of application components - Integration of AI-driven approaches to enhance the software development lifecycle - Development of a platform for unifying data from various sources to improve analysis and decision-making [2][3] Operational Impact - These initiatives have resulted in improved operational efficiencies, accelerated software development cycles, and reduced costs, enabling Acentra Health to deliver scalable, secure, and efficient solutions tailored to the evolving needs of healthcare clients [3] Recognition and Leadership - Nanda expressed gratitude for the recognition, attributing the achievement to the collective efforts of Acentra Health employees in delivering impactful healthcare solutions [4] - Acentra Health's CEO, Todd Stottlemyer, praised Nanda's vision and leadership, emphasizing the company's role as an innovative healthcare technology leader [4] - The recognition as a Tech100 honoree marks Acentra Health's fifth acknowledgment since the list's inception in 2018, reflecting its significant impact on the National Capital Region's tech ecosystem [4] Industry Context - The 2024 Tech100 cohort includes 68 technology companies, 27 executives, and 5 emerging leaders, selected by an independent panel, showcasing the vibrancy and collaborative nature of the technology community in the region [5]

Core Insights - Evisort has been recognized as a Visionary in the 2024 Gartner® Magic Quadrant™ for Contract Life Cycle Management (CLM) for the third consecutive year, highlighting its leadership in AI for contract management [1] - The company has achieved ISO 42001 certification for responsible AI development and use, emphasizing its commitment to ethical AI practices [1][2] - Evisort has introduced significant innovations, including a dedicated large language model (LLM) and features like Document X-Ray™ and Ask AI, aimed at enhancing document intelligence and business decision-making [2] Company Developments - Evisort's AI-native platform is trusted by hundreds of companies to provide visibility into contracts, helping to identify risks and financial opportunities [1] - The acquisition by Workday enhances Evisort's capabilities, allowing customers to leverage critical business data more effectively within a unified system [2] - Evisort's proprietary AI technology enables organizations to draft, manage, analyze, and optimize contracts more efficiently, transforming legal challenges into strategic opportunities [6]

Meta has poured a boatload of money into its metaverse vision. Meta Platforms (META 0.90%) held its annual Connect Event toward the end of September, with wearables, mixed reality, and artificial intelligence (AI) the main focus of the event. The company's Orion augmented realty (AR) glasses held the spotlight; however, there are currently no plans to sell them. That left investors wondering whether the company looks visionary, or simply distracted by side projects. CEO Mark Zuckerberg has been criticized i ...

TORONTO, Sept. 12, 2024 /PRNewswire/ -- On September 2, 2024, Visionary Holdings Inc. (NASDAQ: GV) officially signed a Memorandum of Understanding (MOU) with the world's largest sovereign wealth fund, the Public Investment Fund (PIF) of Saudi Arabia. The two parties have become close partners, with PIF investing USD 120 million to fully support the development of Visionary's various industry projects. This includes debt replacement for four of Visionary's commercial buildings (including debt replacement wit ...

TORONTO, Aug. 15, 2024 /PRNewswire/ -- Visionary Holdings Inc. (the "Company") (NASDAQ:GV), a private education provider located in Canada, with subsidiaries in Canada and market partners in China, today announced its financial results for the fiscal year ended March 31, 2024. Fiscal Year 2024 Financial Highlights Revenues increased by $0.9 million, or 11.2%, to approximately $9.4 million in fiscal 2024 from approximately $8.4 million in fiscal 2023. Gross margin was 27.1% in fiscal 2024, as compared with 4 ...

Core Insights - The Company is facing unprecedented challenges due to the post-pandemic economic slowdown and rising bank interest rates, prompting a strategic adjustment and talent recruitment to enhance development [1] - Under the new leadership of CEO Mr. Zhong Chen, the Company has successfully regained compliance with Nasdaq's minimum bid price requirement and is focusing on internal resource development [1][3] - The Company is upgrading its properties in Toronto and Markham, Ontario, aiming to convert them into mixed-use and high-end residential apartments, which is projected to increase their value by over 700% and generate more than US$2.1 billion in revenue and US$500 million in profit over the next five years [1] Company Strategy - The new leadership team is committed to innovation and change, prioritizing shareholder interests while responding actively to market changes [3] - The Company plans to file F3 to accelerate the growth of its new business, thereby creating greater value for shareholders and society [3] Future Outlook - The Company aims to enhance its technological innovation capabilities and expand its market presence while emphasizing corporate social responsibility for sustainable development [4] - Visionary Holdings Inc. is a private education provider in Canada, offering high-quality educational resources and aiming to serve both Canadian and international students through technological innovation [5]

On June 14, 2023, Staff notified the Company that its common shares failed to maintain a minimum bid price of $1.00 over the previous 30 consecutive business days as required by the Listing Rules of The Nasdaq Stock Market. Forward-Looking Statements TORONTO, June 13, 2024 /PRNewswire/ -- Visionary Holdings Inc. (the "Company") (NASDAQ: GV), a private education provider with technology of artificial intelligence and life science on the cutting edge, with subsidiaries in Canada and market partners in China, ...