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UnionPay's Voice at Boao: Exploring Diverse Pathways to Grow the Cross-Border Payment Ecosystem

HAIKOU, China, March 27, 2026 /PRNewswire/ -- The Boao Forum for Asia (BFA) Annual Conference 2026 was held from March 24 to 27 in Boao, Hainan. Dong Junfeng, Chairman of China UnionPay, attended the conference and spoke as a panelist about UnionPay's practices and observations in promoting a diversified global cross-border payment ecosystem at the event themed "Diversifying Cross-Border Payment System" on March 26. As a provider of fundamental payment and clearing services, a global card brand operator, a creator of and player in cross-border payment networks, UnionPay not only identified new trends in the cross-border payment landscape, but also offered its own approach to building an inclusive and diversified global payment ecosystem by leveraging its extensive experience in international expansion. Such efforts have injected new momentum into cross-border payment connectivity across the Asia-Pacific and beyond. Amidst accelerating global transformations, the cross-border payment landscape is increasingly characterized by regionalization, technological innovation, and greater connectivity. The focus of transformations is increasingly shifting towards the Global South, while emerging technologies—such as central bank digital currencies and artificial intelligence—are becoming deeply integrated with payment infrastructure. Meanwhile, innovative models are continuously emerging to connect both new and existing payment infrastructures. In response to these trends, UnionPay has taken steps in in multi-currency settlement, infrastructure collaboration, and integrated use cases, promoting what it describes as an "ecosystem integration" approach to cross-border payments. To support multi-currency settlement and regional cooperation, UnionPay has been actively advancing QR code interoperability with local payment networks across multiple overseas markets, and has implemented bilateral local-currency settlement arrangements in key markets such as Indonesia and Vietnam. These endeavors have effectively reduced transaction costs and mitigated exchange-rate volatility risks while providing more solid payment support for regional economic activities. By facilitating the broader use of the renminbi in cross-border use cases, UnionPay has become a key bridge for cross-border RMB payments. In advancing infrastructure collaboration, UnionPay has adopted both government-to-government (G2G) and network-to-network (N2N) cooperation models, and has promoted interoperability in infrastructures, rules and specifications. These partnerships aim to contribute to cross-border payment connectivity, and enable compatibility and mutual access between card-based and account-based networks. On one hand, guided by the cooperation arrangements between the People's Bank of China (PBOC) and other central banks, UnionPay has advanced cross-border QR payment connectivity under the G2G model. Specifically, it signed a memorandum of cooperation with the National Payment Corporation of Vietnam (NAPAS), allowing UnionPay partner wallets and Vietnam-based wallets to be accepted in each other's networks. On the other hand, under the N2N model, the company has connected its QR payment network with local schemes such as PayNet in Malaysia and NETS in Singapore. Meanwhile, UnionPay is actively leveraging new technologies such as AI to reshape traditional payment processes, adding new dimensions to the payment infrastructure. The Nihao China App, designed specifically for international visitors to China, offers an AI agent-powered one-stop payment solution equipped with natural language interaction. This app serves as a valuable example of the deep integration of AI with the payment industry, injecting new vitality to the traditional payment infrastructure. To integrate use cases and serve the real economy, UnionPay has deeply embedded payment partnerships in regional industrial chains. It has launched a comprehensive digital trade payment solution to facilitate the development of the pilot zone for Silk Road E-commerce cooperation. Building on its global network, UnionPay has also introduced the Virtual Commercial Card, a product that offers cross-border and cross-channel settlement capabilities to support businesses looking to go global. In addition, it is actively driving the growth of Renminbi remittance to and from China. With these efforts, UnionPay has effectively incorporated payment solutions into global supply chains, cross-border e-commerce and border trade, enabling cross-border payments to power growth in the real economy. Looking ahead to a new era of diversified and inclusive cross-border payments, UnionPay has put forward a comprehensive partnership strategy, and it will adopt a more open approach to fostering a collaborative network with industry players across different regions, business segments, and sectors. On The\ One hand, the company will accelerate the rollout of QR payment connectivity and local-currency settlement projects to extend proven cooperation models to more regions worldwide and jointly build a digital payment corridor for the Global South. On the other hand, it will work with partners to explore the establishment of a new set of multilaterally interoperable technical standards and rules, laying the groundwork for cross-border payment network connectivity. Meanwhile, UnionPay will take advantage of its card network, which covers 183 countries and regions, to ensure compatibility between card- and account-based networks, delivering a seamless, convenient, and secure payment experience for global users. The development of a new paradigm requires concerted efforts of both emerging forces and established institutions across the global payment industry. Upholding the principle of openness, inclusiveness, and win-win cooperation, together with innovative platforms and incumbent financial institutions, UnionPay will continue to seek the greatest common ground in jointly setting standards, and build an integrated global acceptance network through system compatibility. With deeper collaboration with global partners, UnionPay aims to build a diversified and inclusive retail payment network, shape a future of trusted ties and shared success, and contribute to sustainable development of the global economy.

2026-03-29
UnionPay's Voice at Boao: Exploring Diverse Pathways to Grow the Cross-Border Payment Ecosystem

HAIKOU, China, March 27, 2026 /PRNewswire/ -- The Boao Forum for Asia (BFA) Annual Conference 2026 was held from March 24 to 27 in Boao, Hainan. Dong Junfeng, Chairman of China UnionPay, attended the conference and spoke as a panelist about UnionPay's practices and observations in promoting a diversified global cross-border payment ecosystem at the event themed "Diversifying Cross-Border Payment System" on March 26. As a provider of fundamental payment and clearing services, a global card brand operator, a creator of and player in cross-border payment networks, UnionPay not only identified new trends in the cross-border payment landscape, but also offered its own approach to building an inclusive and diversified global payment ecosystem by leveraging its extensive experience in international expansion. Such efforts have injected new momentum into cross-border payment connectivity across the Asia-Pacific and beyond. Amidst accelerating global transformations, the cross-border payment landscape is increasingly characterized by regionalization, technological innovation, and greater connectivity. The focus of transformations is increasingly shifting towards the Global South, while emerging technologies—such as central bank digital currencies and artificial intelligence—are becoming deeply integrated with payment infrastructure. Meanwhile, innovative models are continuously emerging to connect both new and existing payment infrastructures. In response to these trends, UnionPay has taken steps in in multi-currency settlement, infrastructure collaboration, and integrated use cases, promoting what it describes as an "ecosystem integration" approach to cross-border payments. To support multi-currency settlement and regional cooperation, UnionPay has been actively advancing QR code interoperability with local payment networks across multiple overseas markets, and has implemented bilateral local-currency settlement arrangements in key markets such as Indonesia and Vietnam. These endeavors have effectively reduced transaction costs and mitigated exchange-rate volatility risks while providing more solid payment support for regional economic activities. By facilitating the broader use of the renminbi in cross-border use cases, UnionPay has become a key bridge for cross-border RMB payments. In advancing infrastructure collaboration, UnionPay has adopted both government-to-government (G2G) and network-to-network (N2N) cooperation models, and has promoted interoperability in infrastructures, rules and specifications. These partnerships aim to contribute to cross-border payment connectivity, and enable compatibility and mutual access between card-based and account-based networks. On one hand, guided by the cooperation arrangements between the People's Bank of China (PBOC) and other central banks, UnionPay has advanced cross-border QR payment connectivity under the G2G model. Specifically, it signed a memorandum of cooperation with the National Payment Corporation of Vietnam (NAPAS), allowing UnionPay partner wallets and Vietnam-based wallets to be accepted in each other's networks. On the other hand, under the N2N model, the company has connected its QR payment network with local schemes such as PayNet in Malaysia and NETS in Singapore. Meanwhile, UnionPay is actively leveraging new technologies such as AI to reshape traditional payment processes, adding new dimensions to the payment infrastructure. The Nihao China App, designed specifically for international visitors to China, offers an AI agent-powered one-stop payment solution equipped with natural language interaction. This app serves as a valuable example of the deep integration of AI with the payment industry, injecting new vitality to the traditional payment infrastructure. To integrate use cases and serve the real economy, UnionPay has deeply embedded payment partnerships in regional industrial chains. It has launched a comprehensive digital trade payment solution to facilitate the development of the pilot zone for Silk Road E-commerce cooperation. Building on its global network, UnionPay has also introduced the Virtual Commercial Card, a product that offers cross-border and cross-channel settlement capabilities to support businesses looking to go global. In addition, it is actively driving the growth of Renminbi remittance to and from China. With these efforts, UnionPay has effectively incorporated payment solutions into global supply chains, cross-border e-commerce and border trade, enabling cross-border payments to power growth in the real economy. Looking ahead to a new era of diversified and inclusive cross-border payments, UnionPay has put forward a comprehensive partnership strategy, and it will adopt a more open approach to fostering a collaborative network with industry players across different regions, business segments, and sectors. On The\ One hand, the company will accelerate the rollout of QR payment connectivity and local-currency settlement projects to extend proven cooperation models to more regions worldwide and jointly build a digital payment corridor for the Global South. On the other hand, it will work with partners to explore the establishment of a new set of multilaterally interoperable technical standards and rules, laying the groundwork for cross-border payment network connectivity. Meanwhile, UnionPay will take advantage of its card network, which covers 183 countries and regions, to ensure compatibility between card- and account-based networks, delivering a seamless, convenient, and secure payment experience for global users. The development of a new paradigm requires concerted efforts of both emerging forces and established institutions across the global payment industry. Upholding the principle of openness, inclusiveness, and win-win cooperation, together with innovative platforms and incumbent financial institutions, UnionPay will continue to seek the greatest common ground in jointly setting standards, and build an integrated global acceptance network through system compatibility. With deeper collaboration with global partners, UnionPay aims to build a diversified and inclusive retail payment network, shape a future of trusted ties and shared success, and contribute to sustainable development of the global economy.

2026-03-29
EP YAYING Concludes a Successful Debut at Shanghai Fashion Week MODE, Presenting Immersive Eastern Aesthetics on the Global Fashion Stage

SHANGHAI, March 27, 2026 /PRNewswire/ -- EP YAYING, a leading Chinese high-end fashion brand, has successfully concluded its debut at MODE during Shanghai Fashion Week 2026. On March 25, the brand hosted an immersive preview of its Autumn/Winter 2026 collection for top international buyers and industry elites at MODE, the official trade show of Shanghai Fashion Week, and its Shanghai Maison. Through artistic spatial storytelling and exceptional artisanal craftsmanship, the exhibition interpreted the contemporary expression of Eastern aesthetics, making its appearance on the global fashion stage and garnering extensive attention for its distinct cultural core and solid design craftsmanship. The exhibition highlighted two iconic collections rooted in the brand's core philosophy of "Balance • Love • Happiness": the "YAYING" collection, which embodies the elegance of classical Eastern aesthetics, and the premium "Blue Label" collection, which integrates contemporary ethnic styles. The collections feature the world's finest natural materials including mulberry silk, snowfield yak down and cashmere, paired with signature craftsmanship such as embroidery and pleating from the YAYING Atelier. Blending the beauty of Eastern materials with the sophistication of traditional techniques, the brand delivered an immersive experience of both quality and cultural connotation for on-site guests, fully demonstrating its profound accumulation in material selection, craftsmanship refinement and design innovation. To create an immersive Eastern aesthetic experience, the brand invited a renowned installation artist to co-design an artistic showroom space. Through the layered changes of light and shadow and the tactile collision of different materials, it built a poetic and lasting Eastern aesthetic realm. The exhibition was a vibrant event, where global buyers and media guests experienced the unique charm of Eastern fashion immersively. They expressed great interest in the craft details and design ingenuity of the A/W 2026 collection, and conducted in-depth exchanges on product design and brand philosophy, achieving fruitful international industry interactions. EP YAYING's debut at Shanghai Fashion Week MODE marks a significant milestone for the brand on the international professional fashion stage. The exhibition featured a new presentation of the A/W 2026 collection, through which the brand clearly conveyed its core value proposition of "Eastern Aesthetics • Global Expression" to the global market with a fashion display of profound cultural depth and aesthetic connotation. Going forward, EP YAYING will take this opportunity to continuously deepen exchanges and cooperation with partners around the world, enabling Chinese fashion that embodies Eastern craftsmanship and cultural heritage to gradually step onto a broader international stage, and letting Eastern aesthetics be continuously shared in the global fashion context.

2026-03-29
EP YAYING Concludes a Successful Debut at Shanghai Fashion Week MODE, Presenting Immersive Eastern Aesthetics on the Global Fashion Stage

SHANGHAI, March 27, 2026 /PRNewswire/ -- EP YAYING, a leading Chinese high-end fashion brand, has successfully concluded its debut at MODE during Shanghai Fashion Week 2026. On March 25, the brand hosted an immersive preview of its Autumn/Winter 2026 collection for top international buyers and industry elites at MODE, the official trade show of Shanghai Fashion Week, and its Shanghai Maison. Through artistic spatial storytelling and exceptional artisanal craftsmanship, the exhibition interpreted the contemporary expression of Eastern aesthetics, making its appearance on the global fashion stage and garnering extensive attention for its distinct cultural core and solid design craftsmanship. The exhibition highlighted two iconic collections rooted in the brand's core philosophy of "Balance • Love • Happiness": the "YAYING" collection, which embodies the elegance of classical Eastern aesthetics, and the premium "Blue Label" collection, which integrates contemporary ethnic styles. The collections feature the world's finest natural materials including mulberry silk, snowfield yak down and cashmere, paired with signature craftsmanship such as embroidery and pleating from the YAYING Atelier. Blending the beauty of Eastern materials with the sophistication of traditional techniques, the brand delivered an immersive experience of both quality and cultural connotation for on-site guests, fully demonstrating its profound accumulation in material selection, craftsmanship refinement and design innovation. To create an immersive Eastern aesthetic experience, the brand invited a renowned installation artist to co-design an artistic showroom space. Through the layered changes of light and shadow and the tactile collision of different materials, it built a poetic and lasting Eastern aesthetic realm. The exhibition was a vibrant event, where global buyers and media guests experienced the unique charm of Eastern fashion immersively. They expressed great interest in the craft details and design ingenuity of the A/W 2026 collection, and conducted in-depth exchanges on product design and brand philosophy, achieving fruitful international industry interactions. EP YAYING's debut at Shanghai Fashion Week MODE marks a significant milestone for the brand on the international professional fashion stage. The exhibition featured a new presentation of the A/W 2026 collection, through which the brand clearly conveyed its core value proposition of "Eastern Aesthetics • Global Expression" to the global market with a fashion display of profound cultural depth and aesthetic connotation. Going forward, EP YAYING will take this opportunity to continuously deepen exchanges and cooperation with partners around the world, enabling Chinese fashion that embodies Eastern craftsmanship and cultural heritage to gradually step onto a broader international stage, and letting Eastern aesthetics be continuously shared in the global fashion context.

2026-03-29
Beauty Farm Announces 2025 Annual Results: Net Profit Surges 41%, with Strong Cash Flow Growth

HONG KONG, March 27, 2026 /PRNewswire/ -- On March 27, Beauty Farm Medical and Health Industry Inc. (02373.HK, "Beauty Farm" or the "Group") announced its annual results for 2025. During the year, the Group achieved high-quality growth across revenue, profit, and cash flow, with robust performance underscoring the strong growth resilience of an industry leader. In 2025, Beauty Farm delivered a step-change in profitability. Total revenue reached RMB 3.0 billion, representing a year-on-year increase of 16.7%; the gross profit margin rose to 49.1%, an increase of 2.8 percentage points compared to the previous year. Adjusted net profit climbed to RMB 380 million, representing a significant year-on-year growth of 41.0%, while the adjusted net profit margin reached 12.7%, an increase of 2.2 percentage points, bringing the profitability to a new level. Moreover, the Group continued to demonstrate strong cash-generating capabilities. In 2025, the Group's net cash generated from operating activities reached RMB 1.0 billion, representing a substantial year-on-year increase of 25.4%. As of December 31, 2025, the total amount of the Group's cash and cash equivalents reached RMB 2.59 billion, a net increase of 41.6% year-on-year, providing ample momentum for the Group's strategic investments and shareholder returns. This outstanding performance, characterized by significant growth in both revenue and profit, is a successful manifestation of Beauty Farm's "organic growth + external acquisitions" business model, and serves as a powerful testament to the overall efficiency gains driven by lean management, quality and efficiency improvements, and digital intelligence empowerment. "Dual Beauty + Dual Wellness" Model Deeply Empowers Core Businesses As the cornerstone business, Beauty Farm's beauty and wellness services achieved high growth against the market trend. In 2025, the revenue of this segment reached RMB 1.66 billion, a year-on-year increase of 14.9%, with the gross profit margin increasing by 1.2 percentage points to 41.9%. While delivering high-quality performance growth, the Group also anchored its long-term development strategy. In 2025, the Group officially launched its "super supply chain" strategy. In the future, the approach to product innovation and research will expand into a three-pillar model: global selection, international brand collaboration, and joint R&D with top-tier international laboratories. In February 2026, Beauty Farm announced a strategic partnership with the world-renowned skincare brand Shiseido. The two parties will join forces across multiple dimensions, including brand influence, service experience, and joint R&D. Consumer healthcare possesses both medical value and consumption elasticity, representing a premium track with long-term structural opportunities. Over the past 16 years, Beauty Farm has built its consumer healthcare capabilities from the ground up, with 38 consumer healthcare institutions currently established nationwide. In 2025, the total revenue of the consumer healthcare segment reached RMB 1.34 billion, a year-on-year increase of 18.9%, accounting for 44.8% of total revenue and becoming a key driver of the Group's growth. Specifically, in 2025, the medical aesthetic service provider, CellCare achieved growth against the market trend, recording a revenue of RMB 1.02 billion, a year-on-year increase of 9.6%. Its gross profit margin rose significantly by 3.6 percentage points to 55.9%. Furthermore, CellCare has precisely positioned itself in the "specialized anti-aging" sector. In March 2026, the brand held a brand upgrade conference, unveiling a comprehensive life-cycle product blueprint covering "early-stage anti-aging, age-defying solutions, and rejuvenation-focused offerings", officially embarking on a new era of CellCare Specialized Anti-aging. Meanwhile, in the field of subhealth medical services, Neology has experienced explosive growth. In 2025, Neology's revenue reached RMB 330 million, a significant year-on-year increase of 62.2%, with its revenue share exceeding 10% for the first time. The gross profit margin rose to 64.3%, up 6.1 percentage points year-on-year. Revenue from the functional medicine segment grew by 101% year-on-year. The Group stated that, amidst the AI wave, it will leverage its proprietary AI models to achieve highly personalized treatment plans and 24/7 service. The Women's Special Care Center segment saw a 64% increase. Simultaneously, Neology will continue to expand its service footprint, constructing a comprehensive Women's Special Care Center system encompassing "gynecological prevention, treatment, and anti-aging". Comprehensive Upgrade of M&A Integration Strategy At present, Beauty Farm has elevated investment and M&A to a core group-level strategy and remains committed to driving high-quality development in the beauty industry through an open and win-win approach. In March 2026, the Group held the "Seeking 100 partners in the beauty industry" strategic investment and industry empowerment conference, announcing a focus on beauty and health service institutions across 20 high-tier cities in China. Beauty Farm sincerely invites industry partners to integrate into its corporate ecosystem. The confidence behind this strategic layout stems from the extensive practical experience and reproducible integration methodology accumulated by Beauty Farm through over 30 past M&A projects. In 2024, the Group completed the acquisition of Naturade, the brand with the second-largest market share in the industry. Through systematic and refined integration, Beauty Farm achieved simultaneous improvements in both revenue and profit for Naturade. In 2025, Naturade's per-store revenue increased from RMB 5.75 million before the acquisition to RMB 8.1 million, and its adjusted net profit margin rose significantly from 6.5% to 10.5%. This success not only validates Beauty Farm's robust M&A integration capabilities but also establishes a reproducible and scalable paradigm for industry consolidation. In October 2025, Beauty Farm announced the acquisition of a 100% equity interest in Siyanli for RMB 1.25 billion, the third-largest brand in the industry. Siyanli was officially consolidated in January 2026. With the three major brands now united under Beauty Farm's group, the Group has achieved a leapfrog increase in market share, effectively reshaping the competitive landscape of China's beauty industry. Establishing the Beauty Farm Business System to Strengthen the Foundation for Sustainable Growth Through 33 years of continuous cultivation, Beauty Farm has gradually extended its reach from beauty services to consumer healthcare, successfully building an integrated beauty and health service platform for women in high-tier cities. In 2025, the Group established the Beauty Farm business system, once again constructing a sustainable growth model across multiple dimensions. Among these, the customer value growth system has established a full-lifecycle operational closed-loop covering promotion, acquisition, conversion, member retention, value enhancement, repurchase, and referral, continuously create long-term value for customers. The strong platform + multi-brand system has formed a collaborative organizational system, providing solid support for the orderly expansion of multiple brands and the efficient synergy across various business lines. The M&A value growth system has established a full-cycle management framework of "investment + integration + growth", truly realizing seamless integration and value creation after acquisitions. The digital intelligence and AI system is dedicated to building a data-driven management system, serving as a sturdy pillar for the Group to navigate economic cycles and continuously lead industry development. Enhancement of Capital Market Value Strategy In March 2025, Beauty Farm officially unveiled three major initiatives focused on optimizing shareholder structure, maintaining a high dividend payout ratio, and implementing management incentives, continuously delivering long-term investment value to the capital market. Regarding shareholder structure optimization, in August 2025, the former PE shareholder, CITIC PE, officially exited the ranks of major shareholders, while high-quality long-term strategic investors were introduced, further solidifying the shareholder base. In terms of dividends, the board of directors proposed to maintain a high dividend payout ratio in 2026, allocating 50% of the 2025 net profit attributable to the parent company for dividend distribution, distributing HKD 0.72 per share, a year-on-year increase of 38.5%. This substantial cash return continuously strengthens shareholder rewards and demonstrates the Group's firm confidence in its own development. Regarding management incentives, the Group deeply linked its revenue and profit targets for the next three years with equity incentives in 2025. The first-year performance targets have been exceeded, fully validating the effectiveness of the incentive mechanism. On this basis, the Group further raised the three-year performance targets corresponding to management equity incentives, creating long-term stable returns for investors. In November 2025, Beauty Farm was successfully included in the MSCI Global Small Cap Index, further increasing the Group's visibility among global passive and active funds and attracting broader attention from international investors. Three Super Strategies Leading the Future Anchoring Long-term High-quality Development Goals In November 2025, Beauty Farm officially announced its three major strategies: super brand, super chain, and super digitalization, charting the course for future high-quality development. Under the super brand strategy, the Group is committed to building a comprehensive beauty and health brand portfolio, continuously upgrading its professional capabilities, and creating ultimate experiences that exceed customer expectations. This initiative aims to reshape the value landscape of the beauty industry while actively driving the formulation of industry standards, elevating Beauty Farm's high standards into an industry-wide consensus. Under the super chain, the Group stated it will fully leverage the advantages of its "dual beauty + dual wellness" business model. Driven by both organic growth and external acquisitions, Beauty Farm aims to cultivate 20 core cities with annual revenues exceeding RMB 100 million each. Simultaneously, the Group will build its proprietary supply chain capabilities, integrating premium global selections with collaborative specialized research. This will provide women in China's high-tier cities with professional, personalized, and high-quality beauty and consumer healthcare products and services. Under the super digitalization, the Group is focused on constructing a data-driven corporate management system, striving to establish itself as a benchmark enterprise for digital-led beauty and health service chains. Looking ahead, Beauty Farm will remain committed to its "customer-centric" original aspiration. Leveraging the "Beauty Farm business system" and guided by the "three super strategies", the Group will achieve multidimensional growth while continuously meeting the diverse needs of women in high-tier cities for beauty and health, driving the high-quality development of China's beauty and health industry. About Beauty Farm Beauty Farm Medical and Health Industry Inc. is a leading beauty and health management platform in China. Over the past 33 years, Beauty Farm has developed a unique "dual beauty + dual wellness" business model, covering customers' comprehensive beauty and health needs for their entire life cycle. We offer a diversified service matrix, including beauty and wellness brands Beauty Farm, Naturade, Siyanli and Palaispa, aesthetic medical brand CellCare, and subhealth medical services brand Neology. Our nationwide store network reaches over 100 cities with over 700 stores and serves millions of mid-to-high-end customers in top-tier cities in China. Beauty Farm was successfully listed on the Main Board of the Hong Kong Stock Exchange (stock code: 02373.HK) in January 2023. For more information, please visit https://ir.beautyfarm.com.cn/. For investor and media inquiries, please contact: Beauty Farm Medical and Health Industry Inc.Vivian LuTel: +86 (21) 6095-3299Email: ir@beautyfarm.com.cn EVER BLOOM (HK) COMMUNICATIONS CONSULTANTS GROUP LIMITED Julia LiangTel: +852 3468 8434Email: Julia.liang@everbloom.com.cn EVER BLOOM (HK) COMMUNICATIONS CONSULTANTS GROUP LIMITED Yuvia WangTel: +852 3468 8421Email: Yuvia.wang@everbloom.com.cn

2026-03-29
Beauty Farm Announces 2025 Annual Results: Net Profit Surges 41%, with Strong Cash Flow Growth

HONG KONG, March 27, 2026 /PRNewswire/ -- On March 27, Beauty Farm Medical and Health Industry Inc. (02373.HK, "Beauty Farm" or the "Group") announced its annual results for 2025. During the year, the Group achieved high-quality growth across revenue, profit, and cash flow, with robust performance underscoring the strong growth resilience of an industry leader. In 2025, Beauty Farm delivered a step-change in profitability. Total revenue reached RMB 3.0 billion, representing a year-on-year increase of 16.7%; the gross profit margin rose to 49.1%, an increase of 2.8 percentage points compared to the previous year. Adjusted net profit climbed to RMB 380 million, representing a significant year-on-year growth of 41.0%, while the adjusted net profit margin reached 12.7%, an increase of 2.2 percentage points, bringing the profitability to a new level. Moreover, the Group continued to demonstrate strong cash-generating capabilities. In 2025, the Group's net cash generated from operating activities reached RMB 1.0 billion, representing a substantial year-on-year increase of 25.4%. As of December 31, 2025, the total amount of the Group's cash and cash equivalents reached RMB 2.59 billion, a net increase of 41.6% year-on-year, providing ample momentum for the Group's strategic investments and shareholder returns. This outstanding performance, characterized by significant growth in both revenue and profit, is a successful manifestation of Beauty Farm's "organic growth + external acquisitions" business model, and serves as a powerful testament to the overall efficiency gains driven by lean management, quality and efficiency improvements, and digital intelligence empowerment. "Dual Beauty + Dual Wellness" Model Deeply Empowers Core Businesses As the cornerstone business, Beauty Farm's beauty and wellness services achieved high growth against the market trend. In 2025, the revenue of this segment reached RMB 1.66 billion, a year-on-year increase of 14.9%, with the gross profit margin increasing by 1.2 percentage points to 41.9%. While delivering high-quality performance growth, the Group also anchored its long-term development strategy. In 2025, the Group officially launched its "super supply chain" strategy. In the future, the approach to product innovation and research will expand into a three-pillar model: global selection, international brand collaboration, and joint R&D with top-tier international laboratories. In February 2026, Beauty Farm announced a strategic partnership with the world-renowned skincare brand Shiseido. The two parties will join forces across multiple dimensions, including brand influence, service experience, and joint R&D. Consumer healthcare possesses both medical value and consumption elasticity, representing a premium track with long-term structural opportunities. Over the past 16 years, Beauty Farm has built its consumer healthcare capabilities from the ground up, with 38 consumer healthcare institutions currently established nationwide. In 2025, the total revenue of the consumer healthcare segment reached RMB 1.34 billion, a year-on-year increase of 18.9%, accounting for 44.8% of total revenue and becoming a key driver of the Group's growth. Specifically, in 2025, the medical aesthetic service provider, CellCare achieved growth against the market trend, recording a revenue of RMB 1.02 billion, a year-on-year increase of 9.6%. Its gross profit margin rose significantly by 3.6 percentage points to 55.9%. Furthermore, CellCare has precisely positioned itself in the "specialized anti-aging" sector. In March 2026, the brand held a brand upgrade conference, unveiling a comprehensive life-cycle product blueprint covering "early-stage anti-aging, age-defying solutions, and rejuvenation-focused offerings", officially embarking on a new era of CellCare Specialized Anti-aging. Meanwhile, in the field of subhealth medical services, Neology has experienced explosive growth. In 2025, Neology's revenue reached RMB 330 million, a significant year-on-year increase of 62.2%, with its revenue share exceeding 10% for the first time. The gross profit margin rose to 64.3%, up 6.1 percentage points year-on-year. Revenue from the functional medicine segment grew by 101% year-on-year. The Group stated that, amidst the AI wave, it will leverage its proprietary AI models to achieve highly personalized treatment plans and 24/7 service. The Women's Special Care Center segment saw a 64% increase. Simultaneously, Neology will continue to expand its service footprint, constructing a comprehensive Women's Special Care Center system encompassing "gynecological prevention, treatment, and anti-aging". Comprehensive Upgrade of M&A Integration Strategy At present, Beauty Farm has elevated investment and M&A to a core group-level strategy and remains committed to driving high-quality development in the beauty industry through an open and win-win approach. In March 2026, the Group held the "Seeking 100 partners in the beauty industry" strategic investment and industry empowerment conference, announcing a focus on beauty and health service institutions across 20 high-tier cities in China. Beauty Farm sincerely invites industry partners to integrate into its corporate ecosystem. The confidence behind this strategic layout stems from the extensive practical experience and reproducible integration methodology accumulated by Beauty Farm through over 30 past M&A projects. In 2024, the Group completed the acquisition of Naturade, the brand with the second-largest market share in the industry. Through systematic and refined integration, Beauty Farm achieved simultaneous improvements in both revenue and profit for Naturade. In 2025, Naturade's per-store revenue increased from RMB 5.75 million before the acquisition to RMB 8.1 million, and its adjusted net profit margin rose significantly from 6.5% to 10.5%. This success not only validates Beauty Farm's robust M&A integration capabilities but also establishes a reproducible and scalable paradigm for industry consolidation. In October 2025, Beauty Farm announced the acquisition of a 100% equity interest in Siyanli for RMB 1.25 billion, the third-largest brand in the industry. Siyanli was officially consolidated in January 2026. With the three major brands now united under Beauty Farm's group, the Group has achieved a leapfrog increase in market share, effectively reshaping the competitive landscape of China's beauty industry. Establishing the Beauty Farm Business System to Strengthen the Foundation for Sustainable Growth Through 33 years of continuous cultivation, Beauty Farm has gradually extended its reach from beauty services to consumer healthcare, successfully building an integrated beauty and health service platform for women in high-tier cities. In 2025, the Group established the Beauty Farm business system, once again constructing a sustainable growth model across multiple dimensions. Among these, the customer value growth system has established a full-lifecycle operational closed-loop covering promotion, acquisition, conversion, member retention, value enhancement, repurchase, and referral, continuously create long-term value for customers. The strong platform + multi-brand system has formed a collaborative organizational system, providing solid support for the orderly expansion of multiple brands and the efficient synergy across various business lines. The M&A value growth system has established a full-cycle management framework of "investment + integration + growth", truly realizing seamless integration and value creation after acquisitions. The digital intelligence and AI system is dedicated to building a data-driven management system, serving as a sturdy pillar for the Group to navigate economic cycles and continuously lead industry development. Enhancement of Capital Market Value Strategy In March 2025, Beauty Farm officially unveiled three major initiatives focused on optimizing shareholder structure, maintaining a high dividend payout ratio, and implementing management incentives, continuously delivering long-term investment value to the capital market. Regarding shareholder structure optimization, in August 2025, the former PE shareholder, CITIC PE, officially exited the ranks of major shareholders, while high-quality long-term strategic investors were introduced, further solidifying the shareholder base. In terms of dividends, the board of directors proposed to maintain a high dividend payout ratio in 2026, allocating 50% of the 2025 net profit attributable to the parent company for dividend distribution, distributing HKD 0.72 per share, a year-on-year increase of 38.5%. This substantial cash return continuously strengthens shareholder rewards and demonstrates the Group's firm confidence in its own development. Regarding management incentives, the Group deeply linked its revenue and profit targets for the next three years with equity incentives in 2025. The first-year performance targets have been exceeded, fully validating the effectiveness of the incentive mechanism. On this basis, the Group further raised the three-year performance targets corresponding to management equity incentives, creating long-term stable returns for investors. In November 2025, Beauty Farm was successfully included in the MSCI Global Small Cap Index, further increasing the Group's visibility among global passive and active funds and attracting broader attention from international investors. Three Super Strategies Leading the Future Anchoring Long-term High-quality Development Goals In November 2025, Beauty Farm officially announced its three major strategies: super brand, super chain, and super digitalization, charting the course for future high-quality development. Under the super brand strategy, the Group is committed to building a comprehensive beauty and health brand portfolio, continuously upgrading its professional capabilities, and creating ultimate experiences that exceed customer expectations. This initiative aims to reshape the value landscape of the beauty industry while actively driving the formulation of industry standards, elevating Beauty Farm's high standards into an industry-wide consensus. Under the super chain, the Group stated it will fully leverage the advantages of its "dual beauty + dual wellness" business model. Driven by both organic growth and external acquisitions, Beauty Farm aims to cultivate 20 core cities with annual revenues exceeding RMB 100 million each. Simultaneously, the Group will build its proprietary supply chain capabilities, integrating premium global selections with collaborative specialized research. This will provide women in China's high-tier cities with professional, personalized, and high-quality beauty and consumer healthcare products and services. Under the super digitalization, the Group is focused on constructing a data-driven corporate management system, striving to establish itself as a benchmark enterprise for digital-led beauty and health service chains. Looking ahead, Beauty Farm will remain committed to its "customer-centric" original aspiration. Leveraging the "Beauty Farm business system" and guided by the "three super strategies", the Group will achieve multidimensional growth while continuously meeting the diverse needs of women in high-tier cities for beauty and health, driving the high-quality development of China's beauty and health industry. About Beauty Farm Beauty Farm Medical and Health Industry Inc. is a leading beauty and health management platform in China. Over the past 33 years, Beauty Farm has developed a unique "dual beauty + dual wellness" business model, covering customers' comprehensive beauty and health needs for their entire life cycle. We offer a diversified service matrix, including beauty and wellness brands Beauty Farm, Naturade, Siyanli and Palaispa, aesthetic medical brand CellCare, and subhealth medical services brand Neology. Our nationwide store network reaches over 100 cities with over 700 stores and serves millions of mid-to-high-end customers in top-tier cities in China. Beauty Farm was successfully listed on the Main Board of the Hong Kong Stock Exchange (stock code: 02373.HK) in January 2023. For more information, please visit https://ir.beautyfarm.com.cn/. For investor and media inquiries, please contact: Beauty Farm Medical and Health Industry Inc.Vivian LuTel: +86 (21) 6095-3299Email: ir@beautyfarm.com.cn EVER BLOOM (HK) COMMUNICATIONS CONSULTANTS GROUP LIMITED Julia LiangTel: +852 3468 8434Email: Julia.liang@everbloom.com.cn EVER BLOOM (HK) COMMUNICATIONS CONSULTANTS GROUP LIMITED Yuvia WangTel: +852 3468 8421Email: Yuvia.wang@everbloom.com.cn

2026-03-29
Neutech Group Creates New Momentum for Ecological Growth in Education, Healthcare, and Wellness

HONG KONG and DALIAN, China, March 27, 2026 /PRNewswire/ -- On March 27, Neutech Group (Stock Code: 9616.HK) released its 2025 annual results. Its business segments of education, healthcare and elderly care developed in synergy, creating new momentum for ecological growth. During the Reporting Period, the Group recorded revenue of approximately RMB2.039 billion and adjusted net profit of approximately RMB407 million. The Company intends to declare a final dividend for the year 2025 of HK28.0 cents per share, representing 40% of the adjusted net profit attributable to owners of the parent, maintaining a relatively high dividend payout ratio. Education Business Maintains Steady Growth, Brand Reputation Reaches New Heights In full-time formal higher education services, the Group's three IT-focused undergraduate universities in Dalian, Chengdu and Guangdong have integrated AI, deepened professional connotation and smart campus construction. Education quality has risen steadily, further consolidating its leading position in the industry. Student enrollment continued to increase steadily in the 2025/2026 school year. The total number of student enrolment in our three universities reached over 59,000 as of 31 December 2025, representing an increase of 1.6% over the same period in 2024, which has been at an all-time high for years. In 2025, the Group's three universities received numerous accolades. In the 2024 Education Index of National Undergraduate University Innovation and Business Ventures Ranking (《2024年中國本科院校創新創業教育指數榜》) released by "Chuang Index", a research and consulting institution for innovation and entrepreneurship education evaluation in higher education, Dalian University ranked 1st among private universities nationwide. In the Complete List of National First-Class Undergraduate Major Construction Sites in Private Universities (《民辦高校國家級一流本科專業建設點全覽》) issued by the Higher Education Special Committee of the China Private Education Association, Dalian University ranked 1st nationwide among private universities in terms of the number of approved national first-class undergraduate major construction sites. In the 2025 Computer Competition Index co-hosted by the China Higher Education Computer Education Research Association and other organizations, Dalian University retained its top position among private universities nationwide, while Chengdu University remained 1st among private universities in Sichuan Province. In the 2025 Shanghai Ranking's Best Chinese Majors Ranking (《2025軟科中國大學專業排名》) , the Visual Communication Design major of Guangdong University ranked 1st among private universities in Guangdong Province. In addition, the three universities achieved outstanding enrollment results in the 2025/2026 academic year. The highest admission score for the physics track of Dalian University exceeded the Liaoning provincial undergraduate control line by 99 points. The highest admission score for the physics track of Chengdu University exceeded the Sichuan provincial undergraduate control line by 100 points. The highest admission score for the physics track of Guangdong University exceeded the Guangdong provincial undergraduate control line by 68 points. Full enrollment was achieved in one round across multiple provinces. In terms of education resources, the Group focused on the research, development, and application of emerging cutting-edge technologies such as AI, big data, and the metaverse in the education sector following the main line of technology empowering education. Among them, Smart Education Platform 3.0 takes "deep integration of AI into the entire teaching process" as its core upgrade direction, establishing a controllable and trustworthy AI capability system covering all scenarios of teaching, learning, management, training and assessment. The Group upgraded Neuedu Metaverse Creative Creation and Sharing Platform (OpenNEU), providing more personalized, efficient and comprehensive learning support and services for school teaching. It developed an AIOT Home-based Elderly Care Training Laboratory, which, based on the future Smart Home 4.0 concept for home-based elderly care scenarios, built a comprehensive "teaching-training-research-industry-finance" four-in-one training system. In 2025, for 17 majors in IT, digital media, medical and wellness services, the Group developed 22 courses, 79 projects and 9 industry-scenario training laboratories. It carried out major co-construction and industry college cooperation with 52 institutions, covering nearly 15,300 enrolled students. In terms of continuing education services, during the Reporting Period, relying on its more than 90 national, provincial, municipal, and industry-level training qualifications, the Group delivered 219 training programs for 112 institutional clients, representing a 16% increase compared with the full year of 2024. The independently developed Neuedu Education Online platform has accumulated 2.339 million registered users. It was also accredited as a "Training Site for the Industrial and Information Technology Talent Training Project" by the Education and Examination Center of the Ministry of Industry and Information Technology (MIIT) in 2025. In 2025, the Group continued to deepen its global layout and entered into a strategic cooperation with WorldSkills International (WSI), becoming the first Chinese enterprise to join as its Global Premium Partner to jointly cultivate international digital talents. Seizing new opportunities for education export under the Belt and Road Initiative, and on the occasion of the 70th anniversary of the establishment of diplomatic relations between China and Egypt, the Group signed a cooperation agreement with the Luban Workshop. In the future, the two parties will deepen cooperation around three core areas: co-developing digital talent training curricula, teacher training, and student practical training. Comprehensive Layout in Elderly Care Technology and Services with Strategic System Taking Shape To proactively address the profound impacts and unique opportunities arising from China's increasingly prominent "aging" society, the Group has strategically embarked on expanding and deepening its presence in the silver economy market, creating a new ecosystem that integrates "Education, Healthcare and Wellness." In terms of smart elderly care, in 2025, the Group constructed a multi-scenario smart wellness solution and launched the "citywide smart elderly care platform." Positioned as new infrastructure for city elderly care, it creates a digital foundation that connects "government, institutions, communities, and families." As of 31 December 2025, the Group had officially expanded into over 20 cities, basically forming a nationwide layout. The launched "Shenyang Shengqing Wellness (盛情康養)" and "Dalian Smart Wellness" platforms cover 30 core elderly care scenarios, serving over 50,000 users, gathering more than 1,750 high-quality service providers, and offering nearly 8,000 elderly-friendly products and services online. In terms of elderly education services, Neucare Phoenix Academy, adhering to the "LIFECARES" educational model of "leisure, wellness, healthcare, education and social engagement", has built a nationwide elderly education network comprising "3 branch schools and 8 branch institutes." During the Reporting Period, Phoenix Academy recorded over 2,000 enrollments in its offline paid courses for elderly learners. Furthermore, Wecare Family Nursing Home, affiliated with the Group, was awarded the title of "Liaoning Province Five-Star Elderly Care Institution (遼寧省五級養老機構)" by the Department of Civil Affairs of Liaoning Province. As of 31 December 2025, the occupancy rate of Wecare Family Nursing Home reached 93%, among which, 96% were aged 80 or older and mainly for elders with semi-disability or worse. Additionally, acting as a demonstration center for smart elderly care solutions, it has fully deployed the "Ruixintong (睿新通)" integrated medical, wellness, and elderly care SAAS service system. Continuous Improvement of Medical Service Quality and Sustained Enhancement of Brand Influence Through the integration of education, healthcare and wellness, the Group has forged a new model of integrated development in "education, healthcare and wellness." This forms an operational format where education supports healthcare and wellness, healthcare transitions to wellness and assists education, and wellness relies on healthcare and assists education. In 2025, the affiliated Ruikang Cardiovascular Hospital successfully undertook the national cardiovascular high-risk screening project, becoming the solely designated screening institution for this project in the Liaoning region. It obtained the provincial qualification for the mutual recognition of medical examinations and tests, and successfully integrated with the "Liaoning Provincial Mutual Recognition Platform for Examinations and Tests (遼寧省檢查檢驗互認平臺)." This achievement makes it one of the first hospitals in the province, and the very first private medical institution among the nine tertiary hospitals in Dalian, to go live on this platform. In 2025, Ruikang Cardiovascular Hospital received nearly 58,000 outpatient and emergency visits, with over 11,000 inpatient and surgical admissions. Ruikang Stomatology Hospital was awarded the honor of Liaoning Province Elderly-Friendly Medical Institution (《遼寧省老年友善醫療機構》) by the Health Commission of Liaoning Province., with outpatient visits exceeding 23,000 in 2025. Looking ahead, Neutech Group will continuously promote the implementation of the integrated ecosystem of education, healthcare, and wellness through model innovation, platform empowerment, data-driven approaches, and facility upgrades. For formal education, the Group will adhere to the development guideline of "stabilizing scale, building foundations; improving quality, strengthening the core," bridging the entire educational chain of "enrollment-cultivation-employment." Guided by the strategy of "AI + Education, Deep Integration of Industry and Education," the Group will focus on R&D to create a flagship product matrix that is "AI-driven, scenario-led, and hardware-software integrated," continuously enhancing the core capabilities of educational services. Concurrently, the Group will accelerate the nationwide deployment of the citywide smart elderly care platform, systematically building a standardized business system of "One Platform, Two Centers" to create a standardized, replicable operational model. Positioned as new infrastructure for city elderly care, it aims to become a trusted digital elderly care partner for the government. In terms of medical services, the Group will drive the upgrade from single-treatment to full-cycle health management, building a full-chain proactive health management system featuring "early screening and treatment of chronic diseases + personalized lifestyle prescriptions + functional medicine interventions." Through resource integration and complementary advantages, the Group will achieve the deep integration of multiple business formats, concentrating efforts to create an integrated development model of "education, healthcare and wellness" to comprehensively meet the diversified needs of internal and external customers. About Neutech Group Limited Neutech Group Limited (referred to as "Neutech Group" or "the Group"), since its establishment in 2000, has developed over twenty-six years to become a leading provider of digital talent education services and a pioneer of teaching, medical, health care and tourism ecology. In response to China's accelerating aging population, the Group strategically expanded into elderly education and healthcare services starting in 2024. Relying on the innovative research and development capability of "education + technology + medical care" the Group is creating a new integrated model of "teaching, medical care, health and tourism." Currently, the Group operates two main business sectors: (i)Education Services; and (ii)Medical and Healthcare Service. The education service encompasses three key categories:(i) Full-time higher education services; (ii) Educational resource empowerment; and (iii) Lifelong education services. The medical and healthcare service comprises two principal domains:(i) Medical services; and (ii) healthcare services Contact: WeiLinweilin@neuedu.com+852 37953236

2026-03-29
Neutech Group Creates New Momentum for Ecological Growth in Education, Healthcare, and Wellness

HONG KONG and DALIAN, China, March 27, 2026 /PRNewswire/ -- On March 27, Neutech Group (Stock Code: 9616.HK) released its 2025 annual results. Its business segments of education, healthcare and elderly care developed in synergy, creating new momentum for ecological growth. During the Reporting Period, the Group recorded revenue of approximately RMB2.039 billion and adjusted net profit of approximately RMB407 million. The Company intends to declare a final dividend for the year 2025 of HK28.0 cents per share, representing 40% of the adjusted net profit attributable to owners of the parent, maintaining a relatively high dividend payout ratio. Education Business Maintains Steady Growth, Brand Reputation Reaches New Heights In full-time formal higher education services, the Group's three IT-focused undergraduate universities in Dalian, Chengdu and Guangdong have integrated AI, deepened professional connotation and smart campus construction. Education quality has risen steadily, further consolidating its leading position in the industry. Student enrollment continued to increase steadily in the 2025/2026 school year. The total number of student enrolment in our three universities reached over 59,000 as of 31 December 2025, representing an increase of 1.6% over the same period in 2024, which has been at an all-time high for years. In 2025, the Group's three universities received numerous accolades. In the 2024 Education Index of National Undergraduate University Innovation and Business Ventures Ranking (《2024年中國本科院校創新創業教育指數榜》) released by "Chuang Index", a research and consulting institution for innovation and entrepreneurship education evaluation in higher education, Dalian University ranked 1st among private universities nationwide. In the Complete List of National First-Class Undergraduate Major Construction Sites in Private Universities (《民辦高校國家級一流本科專業建設點全覽》) issued by the Higher Education Special Committee of the China Private Education Association, Dalian University ranked 1st nationwide among private universities in terms of the number of approved national first-class undergraduate major construction sites. In the 2025 Computer Competition Index co-hosted by the China Higher Education Computer Education Research Association and other organizations, Dalian University retained its top position among private universities nationwide, while Chengdu University remained 1st among private universities in Sichuan Province. In the 2025 Shanghai Ranking's Best Chinese Majors Ranking (《2025軟科中國大學專業排名》) , the Visual Communication Design major of Guangdong University ranked 1st among private universities in Guangdong Province. In addition, the three universities achieved outstanding enrollment results in the 2025/2026 academic year. The highest admission score for the physics track of Dalian University exceeded the Liaoning provincial undergraduate control line by 99 points. The highest admission score for the physics track of Chengdu University exceeded the Sichuan provincial undergraduate control line by 100 points. The highest admission score for the physics track of Guangdong University exceeded the Guangdong provincial undergraduate control line by 68 points. Full enrollment was achieved in one round across multiple provinces. In terms of education resources, the Group focused on the research, development, and application of emerging cutting-edge technologies such as AI, big data, and the metaverse in the education sector following the main line of technology empowering education. Among them, Smart Education Platform 3.0 takes "deep integration of AI into the entire teaching process" as its core upgrade direction, establishing a controllable and trustworthy AI capability system covering all scenarios of teaching, learning, management, training and assessment. The Group upgraded Neuedu Metaverse Creative Creation and Sharing Platform (OpenNEU), providing more personalized, efficient and comprehensive learning support and services for school teaching. It developed an AIOT Home-based Elderly Care Training Laboratory, which, based on the future Smart Home 4.0 concept for home-based elderly care scenarios, built a comprehensive "teaching-training-research-industry-finance" four-in-one training system. In 2025, for 17 majors in IT, digital media, medical and wellness services, the Group developed 22 courses, 79 projects and 9 industry-scenario training laboratories. It carried out major co-construction and industry college cooperation with 52 institutions, covering nearly 15,300 enrolled students. In terms of continuing education services, during the Reporting Period, relying on its more than 90 national, provincial, municipal, and industry-level training qualifications, the Group delivered 219 training programs for 112 institutional clients, representing a 16% increase compared with the full year of 2024. The independently developed Neuedu Education Online platform has accumulated 2.339 million registered users. It was also accredited as a "Training Site for the Industrial and Information Technology Talent Training Project" by the Education and Examination Center of the Ministry of Industry and Information Technology (MIIT) in 2025. In 2025, the Group continued to deepen its global layout and entered into a strategic cooperation with WorldSkills International (WSI), becoming the first Chinese enterprise to join as its Global Premium Partner to jointly cultivate international digital talents. Seizing new opportunities for education export under the Belt and Road Initiative, and on the occasion of the 70th anniversary of the establishment of diplomatic relations between China and Egypt, the Group signed a cooperation agreement with the Luban Workshop. In the future, the two parties will deepen cooperation around three core areas: co-developing digital talent training curricula, teacher training, and student practical training. Comprehensive Layout in Elderly Care Technology and Services with Strategic System Taking Shape To proactively address the profound impacts and unique opportunities arising from China's increasingly prominent "aging" society, the Group has strategically embarked on expanding and deepening its presence in the silver economy market, creating a new ecosystem that integrates "Education, Healthcare and Wellness." In terms of smart elderly care, in 2025, the Group constructed a multi-scenario smart wellness solution and launched the "citywide smart elderly care platform." Positioned as new infrastructure for city elderly care, it creates a digital foundation that connects "government, institutions, communities, and families." As of 31 December 2025, the Group had officially expanded into over 20 cities, basically forming a nationwide layout. The launched "Shenyang Shengqing Wellness (盛情康養)" and "Dalian Smart Wellness" platforms cover 30 core elderly care scenarios, serving over 50,000 users, gathering more than 1,750 high-quality service providers, and offering nearly 8,000 elderly-friendly products and services online. In terms of elderly education services, Neucare Phoenix Academy, adhering to the "LIFECARES" educational model of "leisure, wellness, healthcare, education and social engagement", has built a nationwide elderly education network comprising "3 branch schools and 8 branch institutes." During the Reporting Period, Phoenix Academy recorded over 2,000 enrollments in its offline paid courses for elderly learners. Furthermore, Wecare Family Nursing Home, affiliated with the Group, was awarded the title of "Liaoning Province Five-Star Elderly Care Institution (遼寧省五級養老機構)" by the Department of Civil Affairs of Liaoning Province. As of 31 December 2025, the occupancy rate of Wecare Family Nursing Home reached 93%, among which, 96% were aged 80 or older and mainly for elders with semi-disability or worse. Additionally, acting as a demonstration center for smart elderly care solutions, it has fully deployed the "Ruixintong (睿新通)" integrated medical, wellness, and elderly care SAAS service system. Continuous Improvement of Medical Service Quality and Sustained Enhancement of Brand Influence Through the integration of education, healthcare and wellness, the Group has forged a new model of integrated development in "education, healthcare and wellness." This forms an operational format where education supports healthcare and wellness, healthcare transitions to wellness and assists education, and wellness relies on healthcare and assists education. In 2025, the affiliated Ruikang Cardiovascular Hospital successfully undertook the national cardiovascular high-risk screening project, becoming the solely designated screening institution for this project in the Liaoning region. It obtained the provincial qualification for the mutual recognition of medical examinations and tests, and successfully integrated with the "Liaoning Provincial Mutual Recognition Platform for Examinations and Tests (遼寧省檢查檢驗互認平臺)." This achievement makes it one of the first hospitals in the province, and the very first private medical institution among the nine tertiary hospitals in Dalian, to go live on this platform. In 2025, Ruikang Cardiovascular Hospital received nearly 58,000 outpatient and emergency visits, with over 11,000 inpatient and surgical admissions. Ruikang Stomatology Hospital was awarded the honor of Liaoning Province Elderly-Friendly Medical Institution (《遼寧省老年友善醫療機構》) by the Health Commission of Liaoning Province., with outpatient visits exceeding 23,000 in 2025. Looking ahead, Neutech Group will continuously promote the implementation of the integrated ecosystem of education, healthcare, and wellness through model innovation, platform empowerment, data-driven approaches, and facility upgrades. For formal education, the Group will adhere to the development guideline of "stabilizing scale, building foundations; improving quality, strengthening the core," bridging the entire educational chain of "enrollment-cultivation-employment." Guided by the strategy of "AI + Education, Deep Integration of Industry and Education," the Group will focus on R&D to create a flagship product matrix that is "AI-driven, scenario-led, and hardware-software integrated," continuously enhancing the core capabilities of educational services. Concurrently, the Group will accelerate the nationwide deployment of the citywide smart elderly care platform, systematically building a standardized business system of "One Platform, Two Centers" to create a standardized, replicable operational model. Positioned as new infrastructure for city elderly care, it aims to become a trusted digital elderly care partner for the government. In terms of medical services, the Group will drive the upgrade from single-treatment to full-cycle health management, building a full-chain proactive health management system featuring "early screening and treatment of chronic diseases + personalized lifestyle prescriptions + functional medicine interventions." Through resource integration and complementary advantages, the Group will achieve the deep integration of multiple business formats, concentrating efforts to create an integrated development model of "education, healthcare and wellness" to comprehensively meet the diversified needs of internal and external customers. About Neutech Group Limited Neutech Group Limited (referred to as "Neutech Group" or "the Group"), since its establishment in 2000, has developed over twenty-six years to become a leading provider of digital talent education services and a pioneer of teaching, medical, health care and tourism ecology. In response to China's accelerating aging population, the Group strategically expanded into elderly education and healthcare services starting in 2024. Relying on the innovative research and development capability of "education + technology + medical care" the Group is creating a new integrated model of "teaching, medical care, health and tourism." Currently, the Group operates two main business sectors: (i)Education Services; and (ii)Medical and Healthcare Service. The education service encompasses three key categories:(i) Full-time higher education services; (ii) Educational resource empowerment; and (iii) Lifelong education services. The medical and healthcare service comprises two principal domains:(i) Medical services; and (ii) healthcare services Contact: WeiLinweilin@neuedu.com+852 37953236

2026-03-29
Vietnam's Heritage Retreat at "Asia's Leading Lifestyle Resort" Shilla Monogram Danang

DA NANG, Vietnam, March 27, 2026 /PRNewswire/ -- Travelers to Vietnam's central coast this summer are increasingly seeking more than a simple escape, desiring a refined blend of modern precision and deep cultural resonance. Shilla Monogram Danang has emerged as the definitive destination where this balance is perfected. To understand the soul of this resort, one must look toward its lineage. Operated by The Shilla Hotels & Resorts - the esteemed hospitality arm of the Samsung Group - this property marks a historic first: Samsung's official hospitality expansion outside of Korea, merging its decades-long legacy of elite service with the "local flavors" of Vietnam. Shilla Monogram Danang, Central Vietnam The Heritage Journey The retreat functions as a bridge between different worlds, offering a "heritage station" for the curious traveler. A short drive north brings you to the stunning coastline of Da Nang - the "City of Bridges" - and the majestic Son Tra Peninsula, known as Monkey Mountain, a haven of rainforests and rare wildlife. Heading fifteen minutes south transports you into the golden-hued, lantern-lit streets of UNESCO's Hoi An Ancient Town. UNESCO World Heritage - My Son Sanctuary For those seeking deeper echoes of the past, a thirty-minute journey leads into the heart of the 'Valley of Kings' My Son Sanctuary. This UNESCO World Heritage site stands as a silent, sacred testament to a thousand years of Champa spiritual heritage. Rooted in a retreat-focused DNA, it offers a holistic wellbeing journey highlighted by Vietnam's only in-hotel Sulwhasoo Spa. Here, the world-renowned Korean skincare brand blends the anti-aging power of ginseng's root, leaf, and stem, and traditional massage techniques restore profound inner balance. One might spend the day in the tranquil therapy garden's outdoor jetted tubs, recover in the sauna, or find serenity in four oceanfront outdoor pools during daylight or even late night under the stars. Elite Events and "Century Weddings" Translating Samsung's technological prowess into professional excellence, this resort serves as the region's premier event hub by combining high-tech meeting facilities and a 500-guest private beach with the celebrated Shilla Seoul legacy of "century weddings" held within sophisticated, nature-inspired banquet halls. Awarded "2025 Asia's Leading Lifestyle Resort" by World Travel Award, Shilla Monogram Danang offers a summer journey that is as intellectually stimulating as it is physically restorative. It is, quite simply, where the heritage of the past meets the precision of the future. Your journey into the heart of Vietnamese heritage begins here: Charming Vietnam

2026-03-29
Vietnam's Heritage Retreat at "Asia's Leading Lifestyle Resort" Shilla Monogram Danang

DA NANG, Vietnam, March 27, 2026 /PRNewswire/ -- Travelers to Vietnam's central coast this summer are increasingly seeking more than a simple escape, desiring a refined blend of modern precision and deep cultural resonance. Shilla Monogram Danang has emerged as the definitive destination where this balance is perfected. To understand the soul of this resort, one must look toward its lineage. Operated by The Shilla Hotels & Resorts - the esteemed hospitality arm of the Samsung Group - this property marks a historic first: Samsung's official hospitality expansion outside of Korea, merging its decades-long legacy of elite service with the "local flavors" of Vietnam. Shilla Monogram Danang, Central Vietnam The Heritage Journey The retreat functions as a bridge between different worlds, offering a "heritage station" for the curious traveler. A short drive north brings you to the stunning coastline of Da Nang - the "City of Bridges" - and the majestic Son Tra Peninsula, known as Monkey Mountain, a haven of rainforests and rare wildlife. Heading fifteen minutes south transports you into the golden-hued, lantern-lit streets of UNESCO's Hoi An Ancient Town. UNESCO World Heritage - My Son Sanctuary For those seeking deeper echoes of the past, a thirty-minute journey leads into the heart of the 'Valley of Kings' My Son Sanctuary. This UNESCO World Heritage site stands as a silent, sacred testament to a thousand years of Champa spiritual heritage. Rooted in a retreat-focused DNA, it offers a holistic wellbeing journey highlighted by Vietnam's only in-hotel Sulwhasoo Spa. Here, the world-renowned Korean skincare brand blends the anti-aging power of ginseng's root, leaf, and stem, and traditional massage techniques restore profound inner balance. One might spend the day in the tranquil therapy garden's outdoor jetted tubs, recover in the sauna, or find serenity in four oceanfront outdoor pools during daylight or even late night under the stars. Elite Events and "Century Weddings" Translating Samsung's technological prowess into professional excellence, this resort serves as the region's premier event hub by combining high-tech meeting facilities and a 500-guest private beach with the celebrated Shilla Seoul legacy of "century weddings" held within sophisticated, nature-inspired banquet halls. Awarded "2025 Asia's Leading Lifestyle Resort" by World Travel Award, Shilla Monogram Danang offers a summer journey that is as intellectually stimulating as it is physically restorative. It is, quite simply, where the heritage of the past meets the precision of the future. Your journey into the heart of Vietnamese heritage begins here: Charming Vietnam

2026-03-29