QuantaSing Unveils New Mission and Vision Statements as Part of Strategic Shift
QuantaSing Group (NASDAQ: QSG), a lifestyle solution provider, has unveiled new mission and vision statements as part of a strategic shift. The updated mission, 'Live better, live longer,' and vision, 'Become a long-term partner loved and trusted by adult users,' reflect the company's evolution from an education-focused business to a comprehensive service model for middle-aged and senior adults.
CEO Peng Li emphasized that this change represents a carefully planned business transformation aimed at addressing the multifaceted needs of adults in their middle and later years. The company plans to expand its impact beyond education, leveraging its experience in personal learning and development to offer a wider range of services contributing to a fulfilling life for its target demographic.
QuantaSing Group (NASDAQ: QSG), un fornitore di soluzioni per lo stile di vita, ha svelato nuove dichiarazioni di missione e visione come parte di un cambiamento strategico. La missione aggiornata, 'Vivi meglio, vivi più a lungo,' e la visione, 'Diventare un partner a lungo termine amato e fidato dagli utenti adulti,' riflettono l'evoluzione dell'azienda da un'attività incentrata sull'istruzione a un modello di servizio completo per adulti di mezza età e anziani.
Il CEO Peng Li ha sottolineato che questo cambiamento rappresenta una trasformazione aziendale attentamente pianificata finalizzata a soddisfare le esigenze multifaccettate degli adulti nella loro mezza età e oltre. L'azienda prevede di ampliare il proprio impatto oltre l'istruzione, sfruttando la propria esperienza nell'apprendimento e nello sviluppo personalizzato per offrire una gamma più ampia di servizi che contribuiscano a una vita appagante per il suo pubblico target.
QuantaSing Group (NASDAQ: QSG), un proveedor de soluciones de estilo de vida, ha presentado nuevas declaraciones de misión y visión como parte de un cambio estratégico. La misión actualizada, 'Vive mejor, vive más tiempo,' y la visión, 'Convertirse en un socio a largo plazo amado y de confianza por los usuarios adultos,' reflejan la evolución de la compañía de un negocio centrado en la educación a un modelo de servicio integral para adultos de mediana edad y mayores.
El CEO Peng Li enfatizó que este cambio representa una transformación empresarial cuidadosamente planificada destinada a abordar las diversas necesidades de los adultos en sus años de mediana edad y posteriores. La empresa planea expandir su impacto más allá de la educación, aprovechando su experiencia en el aprendizaje y desarrollo personal para ofrecer una gama más amplia de servicios que contribuyan a una vida satisfactoria para su público objetivo.
QuantaSing Group (NASDAQ: QSG), 라이프스타일 솔루션 제공업체가 전략적 전환의 일환으로 새로운 미션 및 비전 성명을 발표했습니다. 업데이트된 미션인 '더 나은 삶, 더 긴 삶을 살자,'와 비전인 '성인 사용자들에게 사랑받고 신뢰받는 장기 파트너가 되자,'는 교육 중심의 비즈니스에서 중장년 및 노인 성인을 위한 포괄적 서비스 모델로의 발전을 반영합니다.
CEO Peng Li는 이 변화가 중장년 및 노인 성인의 다양한 요구를 충족하기 위한 신중하게 계획된 비즈니스 전환을 나타낸다고 강조했습니다. 이 회사는 개인 학습 및 개발에서의 경험을 활용하여 교육 이상의 영향을 확대하고 목표 인구를 위한 만족스러운 삶에 기여하는 보다 넓은 범위의 서비스를 제공할 계획입니다.
QuantaSing Group (NASDAQ: QSG), un fournisseur de solutions de style de vie, a dévoilé de nouvelles déclarations de mission et de vision dans le cadre d'un changement stratégique. La mission mise à jour, 'Vivre mieux, vivre plus longtemps,' et la vision, 'Devenir un partenaire à long terme aimé et de confiance par les utilisateurs adultes,' reflètent l'évolution de l'entreprise d'un modèle axé sur l'éducation à un modèle de service complet pour les adultes d'âge moyen et les personnes âgées.
Le PDG Peng Li a souligné que ce changement représente une transformation commerciale soigneusement planifiée destinée à répondre aux besoins multiples des adultes à l'âge moyen et plus. L'entreprise prévoit d'élargir son impact au-delà de l'éducation, en tirant parti de son expérience dans l'apprentissage et le développement personnel pour offrir un plus large éventail de services contribuant à une vie épanouissante pour son public cible.
QuantaSing Group (NASDAQ: QSG), ein Anbieter von Lebensstil-Lösungen, hat als Teil eines strategischen Wandels neue Mission- und Visionserklärungen veröffentlicht. Die aktualisierte Mission, 'Besser leben, länger leben,' und die Vision, 'Ein langfristiger Partner zu werden, der von erwachsenen Nutzern geliebt und vertraut wird,' spiegeln die Evolution des Unternehmens von einem bildungsorientierten Geschäft zu einem umfassenden Service-Modell für Erwachsene mittleren und höheren Alters wider.
CEO Peng Li betonte, dass dieser Wandel eine sorgfältig geplante Unternehmensumwandlung darstellt, die darauf abzielt, den vielfältigen Bedürfnissen von Erwachsenen in ihren mittleren und späteren Jahren gerecht zu werden. Das Unternehmen plant, seinen Einfluss über die Bildung hinaus auszudehnen und seine Erfahrung im persönlichen Lernen und in der Entwicklung zu nutzen, um ein breiteres Spektrum an Dienstleistungen anzubieten, die zu einem erfüllten Leben für seine Zielgruppe beitragen.
- Strategic shift towards a comprehensive lifestyle solution provider for middle-aged and senior adults
- Expansion of service offerings beyond education, potentially opening new revenue streams
- Leveraging existing experience in personal learning and development for new market opportunities
- Potential risks associated with transitioning from core education business to a broader service model
- Uncertainty in successfully penetrating new markets and service areas
BEIJING, Aug. 21, 2024 (GLOBE NEWSWIRE) -- QuantaSing Group Limited (NASDAQ: QSG) (“QuantaSing” or the “Company”), a leading lifestyle solution provider empowering adults to live better and longer, today announced the launch of a new mission statement and vision statement. The updated mission and vision statements are the first step in a carefully planned business transformation, which represents a significant evolution in QuantaSing’s commitment to enhancing quality of life for middle-aged and senior adults.
QuantaSing’s updated mission statement, “Live better, live longer,” reflects the Company’s dedication to improving well-being for adults across various life stages. This shift is further emphasized in the new vision statement, “Become a long-term partner loved and trusted by adult users,” which underscores QuantaSing’s goal of addressing the multifaceted needs of adults in their middle and later years.
Mr. Peng Li, Chairman and Chief Executive Officer of QuantaSing, commented, “Our years of experience in personal learning and development have given us profound insights into the evolving needs of adults, particularly those in their middle and later years. We have recognized the opportunity to expand our impact beyond education, addressing a wider range of services that contribute to a fulfilling life. This change in focus represents a carefully planned transition from QuantaSing’s roots in education to a more comprehensive service model. This is not just a change in words, but a thoughtful realignment of our entire business model, and we are eager to expand into new offerings that we believe will significantly enhance the lives of our customers.”
About QuantaSing Group Limited
QuantaSing is a leading lifestyle solution provider empowering adults to live better and longer. Leveraging its profound understanding of adult users and robust infrastructure, QuantaSing offers easy-to-understand, affordable, and accessible online courses to adult learners, as well as consumer products and services in selected areas to address the senior users’ aspirations for wellness.
For more information, please visit: https://ir.quantasing.com.
Safe Harbor Statements
This announcement contains forward-looking statements within the meaning of Section 27A of Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended and the Private Securities Litigation Reform Act of 1955. All statements other than statements of historical or current fact included in this press release are forward-looking statements, including but not limited to statements regarding QuantaSing’s financial outlook, beliefs and expectations. These statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “potential,” “continue,” “ongoing,” “targets,” “guidance” and similar statements. Among other things, the Financial Outlook in this announcement contains forward-looking statements. The Company may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the “SEC”), in its annual report to shareholders, in press releases, and other written materials and in oral statements made by its officers, directors or employees to third parties. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the Company’s growth strategies; its future business development, results of operations and financial condition; its ability to attract and retain new users and learners and to increase the spending and revenues generated from users and learners; its ability to maintain and enhance the recognition and reputation of its brand; its expectations regarding demand for and market acceptance of its services and products; trends and competition in China’s adult learning market; changes in its revenues and certain cost or expense items; the expected growth of China’s adult learning market; PRC governmental policies and regulations relating to the Company’s business and industry, general economic and political conditions in China and globally, and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks, uncertainties, or factors is included in the Company’s filings with the SEC, including, without limitation, the final prospectus related to the IPO filed with the SEC dated January 24, 2023. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date this press release. All forward-looking statements are qualified in their entirety by this cautionary statement, and the Company undertakes no obligation to revise or update any forward-looking statements to reflect events or circumstances after the date hereof.
Contact
Investor Relations
Leah Guo
QuantaSing Group Limited
Email: ir@quantasing.com
Tel: +86 (10) 6493-7857
Robin Yang, Partner
ICR, LLC
Email: QuantaSing.IR@icrinc.com
Phone: +1 (212) 537-0429
FAQ
What is QuantaSing's new mission statement?
How is QuantaSing (QSG) changing its business focus?
What is the significance of QuantaSing's (QSG) new vision statement?
Why is QuantaSing (QSG) making this strategic shift in 2024?
