Visionary Holdings Lays Out Its Strategy in the Asia - Pacific Market, Accelerating the Expansion of Its New Energy Vehicle Business in the Region

Rhea-AI Summary

Visionary Holdings (Nasdaq: GV) has announced strategic expansion plans in the Asia-Pacific region through two key initiatives. On March 3, 2025, the company established Visionary Holdings (Asia) , a wholly-owned subsidiary headquartered in Hong Kong with an additional office in Shenzhen. Mr. Jun Huang has been appointed as CEO to oversee market development and customer service in the region.

Additionally, on March 10, 2025, the company launched a financial platform in Hong Kong, which will serve as the core hub for the group's financial operations in Asia-Pacific. The company is currently pursuing necessary licenses from the Securities and Futures Commission of Hong Kong to support its PEGASUS New Energy Vehicles division by building a global financial supply chain.

Positive

• Strategic expansion into Asia-Pacific market through new subsidiary establishment
• Development of financial platform to support global supply chain operations
• Pursuing financial licenses in Hong Kong to expand service offerings

Negative

• Financial licenses not yet secured from Hong Kong regulators
• New subsidiary and platform require significant investment with uncertain returns

News Market Reaction

-3.43%

1 alert

-3.43% News Effect

On the day this news was published, GV declined 3.43%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

TORONTO, March 24, 2025 /PRNewswire/ -- On March 3, 2025, in order to deeply explore the Asia - Pacific market, Visionary Holdings Inc (Nasdaq: GV) officially established a wholly - owned subsidiary, Visionary Holdings (Asia) Limited. This strategic move marks an important step in Visionary Holdings' business layout in the Asia - Pacific region.

Visionary Holdings (Asia) Limited has its headquarters in Hong Kong. Meanwhile, an office is set up in Shenzhen, Mainland China, forming a business pattern with Hong Kong as the core, serving the Asia - Pacific region and radiating to the Mainland. The company has appointed Mr. Jun Huang, a group director, as the Chief Executive Officer. He will be fully responsible for the group's market development and customer service in the Asia - Pacific region. Mr. Jun Huang will undertake a number of key responsibilities, including brand management, market value optimization, capital operation, and business cooperation, and is committed to enhancing the market influence and competitiveness of Visionary Holdings in the Asia - Pacific region.

In the financial field, Visionary Holdings has further accelerated its layout. On March 10, 2025, the company officially established a financial platform in Hong Kong. This platform will become the core hub of the group's financial business in the Asia - Pacific region. Currently, Visionary Holdings has started to arrange the application to the Securities and Futures Commission of Hong Kong for the relevant financial licenses required for business operation. It is actively preparing to launch financial service businesses, providing strong support for PEGASUS New Energy Vehicles to build a global financial supply chain to ensure the sustainable growth of the PEGASUS new energy vehicle industry.

This layout aims to seize the market opportunities of the global new energy vehicle industry and promote the high - tech development of the group. By integrating resources and optimizing the business layout, Visionary Holdings will provide higher - quality services to its customers. At the same time, it will strengthen cooperation with partners to jointly explore development opportunities in the new energy vehicle industry. In the future, under the leadership of Mr. Jun Huang, Visionary Holdings (Asia) Limited will actively expand the market, continuously innovate business models, create greater value for shareholders, and contribute to the economic development of the Asia - Pacific region.

View original content:https://www.prnewswire.com/news-releases/visionary-holdings-lays-out-its-strategy-in-the-asia---pacific-market-accelerating-the-expansion-of-its-new-energy-vehicle-business-in-the-region-302409108.html

SOURCE Visionary Holdings Inc

FAQ

What are the key initiatives announced by Visionary Holdings (GV) for Asia-Pacific expansion in March 2025?

GV announced two key initiatives: establishing Visionary Holdings (Asia) on March 3 and launching a financial platform in Hong Kong on March 10, 2025.

Who is leading Visionary Holdings' (GV) Asia-Pacific operations and what are their responsibilities?

Mr. Jun Huang, appointed as CEO, will oversee brand management, market value optimization, capital operation, and business cooperation in the Asia-Pacific region.

What is the purpose of GV's new financial platform in Hong Kong?

The platform will serve as the core hub for financial operations and support PEGASUS New Energy Vehicles by building a global financial supply chain.

Where are GV's new Asia-Pacific operations headquartered?

The operations are headquartered in Hong Kong with an additional office in Shenzhen, China.