TORONTO, Feb. 27,
2025 /PRNewswire/ -- Since May
8, 2024, Visionary Holdings (referred to as
"Visionary", NASDAQ stock code: GV) has released the
significant news of its industrial upgrading and strategic
expansion globally. It has achieved remarkable and substantial
results in various fields. With decisive transformation decisions
and efficient implementation strategies, Visionary has successfully
overcome the development bottlenecks of traditional education and
traditional real estate, smoothly advanced into the new arenas of
AI - education and technology - based real estate. Simultaneously,
it has been steadily expanding into emerging industrial sectors
such as high - tech and fintech. Gradually, it has established a
diversified multinational group framework integrating four core
businesses: technology, education, finance, and real estate,
demonstrating strong comprehensive competitiveness and broad
development potential in the global market.
Recently, Visionary has reached a strategically - significant
cooperation agreement in the new - energy vehicle industry with
Pegasus International Holding Limited and So, Sumi Susanna. This
cooperation is highly consistent with the current development trend
of the new - energy industry, sending positive signals from
multiple dimensions and injecting strong impetus into boosting
investors' confidence and strengthening market - value
management.
Capital Operation and Listing Plan: Targeting Value
Growth
In terms of capital operation, Pegasus International Holding
Limited will be incorporated into Visionary's new - energy vehicle
industry project. The two parties plan to facilitate the successful
listing of the project on the NASDAQ Main Board in the United States within 6 to 12 months. This
efficient listing plan not only showcases Visionary's high
confidence in the value of its own project and its robust capital -
operation capabilities but also opens a clear value - growth
channel for investors. Additionally, the long - term plan to assist
Pegasus International in listing on the Main Board of the Hong Kong
Stock Exchange within the next 3 to 5 years further broadens the
path of capital appreciation, laying a solid foundation for the
continuous increase of the company's market value and instilling
confidence in investors regarding the company's long - term
development.
Large - Scale Orders and Product Strength: Bolstering
Performance Support
Pegasus International has placed an order with Visionary for the
purchase of 12,000 new - energy vehicles (Hong Kong taxi version) at a unit price of
HK$145,800. This substantial order is
undoubtedly a powerful testament to the quality of Visionary's
products and its market competitiveness. In Hong Kong, a mature market with a high
penetration rate of new - energy vehicles, securing an order of
such scale fully indicates that Visionary's products have gained
high market recognition. The stable and substantial order revenue
will directly translate into a powerful driving force for the
company's performance growth, providing solid performance support
for market - value enhancement and enabling investors to clearly
perceive the company's profitability and development potential in
the market.
Diversified Market Expansion: Unveiling a New Chapter of
Growth
The Hong Kong and Southeast
Asian markets are emerging hotspots for the global development of
new - energy vehicles. In the Hong
Kong region, due to the government's tax - reduction,
subsidy policies, and the continuous improvement of charging
infrastructure, the new - energy vehicle market is booming.
Electric vehicles account for a relatively high proportion in the
number of first - time private - car registrations. In the
Southeast Asian region, governments of various countries have
actively introduced incentive policies. For example, Thailand, Malaysia, Indonesia, and Vietnam have all provided subsidies and tariff
exemptions, attracting numerous new - energy vehicle manufacturers
to compete for market share.
Visionary, together with its partners, is jointly developing the
new - energy light - truck market in Hong
Kong and expanding the battery - swapping/charging service
business for new - energy vehicles in Hong Kong and Southeast Asia, accurately grasping the market
development trend. The diversified market layout can not only
effectively diversify market risks but also bring new profit -
growth points to the company, significantly enhancing the company's
comprehensive competitiveness and market share in the new - energy
industry. It demonstrates to investors the company's broad
development prospects and strong risk - resistance
capabilities.
This cooperation represents a major strategic breakthrough for
Visionary in the new - energy vehicle field. From capital
operation, product - market performance to business expansion, it
comprehensively showcases the company's strong strength and forward
- looking strategic vision. It is believed that through the joint
efforts of both parties, Visionary will progress steadily in the
new - energy vehicle market, continuously create substantial value
for investors, and achieve a two - way increase in the company's
market value and investors' confidence.
For more information, please contact:
Visionary Holdings Inc.
Investor Relations Department
Email: ir@farvision.ca
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SOURCE Visionary Holdings Inc.
