Wah Fu Education Group Recently Entered into Business Cooperation with Several Domestic Universities
Wah Fu Education Group (NASDAQ: WAFU), a provider of online education and exam preparation services, has announced its entry into educational AI and informatization. The company's subsidiary, Beijing Huaxia Dadi Distance Learning Services Co., , has reached business agreements with four higher vocational colleges in China: Xi'an Railway Vocational & Technical Institute, Guizhou Education University, University of Jinan, and Chengdu Technological University.
Wah Fu aims to leverage its experience in educational technology development to help these colleges improve their informatization of continuing education and enhance their digitalized and intelligent operation and management. The company expects these collaborations to improve profitability and provide valuable experience in the field of educational technology.
Wah Fu Education Group (NASDAQ: WAFU), fornitore di servizi di istruzione online e preparazione agli esami, ha annunciato il suo ingresso nell'IA educativa e nell'informatizzazione. La sussidiaria dell'azienda, Beijing Huaxia Dadi Distance Learning Services Co., ha raggiunto accordi commerciali con quattro istituti di istruzione superiore in Cina: l'Istituto Tecnico e Professionale Ferroviario di Xi'an, l'Università di Educazione del Guizhou, l'Università di Jinan e l'Università Tecnologica di Chengdu.
Wah Fu mira a sfruttare la sua esperienza nello sviluppo di tecnologie educative per aiutare queste università a migliorare l'informatizzazione della formazione continua e potenziare la loro operazione e gestione digitalizzate e intelligenti. L'azienda si aspetta che queste collaborazioni migliorino la redditività e forniscano un'esperienza preziosa nel campo della tecnologia educativa.
Wah Fu Education Group (NASDAQ: WAFU), proveedor de servicios de educación en línea y preparación de exámenes, ha anunciado su entrada en la IA educativa y la informatización. La filial de la empresa, Beijing Huaxia Dadi Distance Learning Services Co., ha alcanzado acuerdos comerciales con cuatro colegios de educación superior en China: el Instituto Profesional y Técnico Ferroviario de Xi'an, la Universidad de Educación de Guizhou, la Universidad de Jinan y la Universidad Tecnológica de Chengdu.
Wah Fu busca aprovechar su experiencia en el desarrollo de tecnología educativa para ayudar a estas universidades a mejorar la informatización de la educación continua y optimizar su operación y gestión digitalizadas e inteligentes. La empresa espera que estas colaboraciones mejoren la rentabilidad y proporcionen una valiosa experiencia en el campo de la tecnología educativa.
Wah Fu Education Group (NASDAQ: WAFU)는 온라인 교육 및 시험 준비 서비스를 제공하는 회사로, 교육 인공지능과 정보화 분야에 진출한다고 발표했습니다. 회사의 자회사인 Beijing Huaxia Dadi Distance Learning Services Co.는 중국의 4개 전문대학과 업무 협약을 체결했습니다: 시안 철도 직업 기술 학교, 귀주 교육 대학교, 지난 대학교, 청두 기술 대학교입니다.
Wah Fu는 교육 기술 개발에 대한 경험을 활용하여 이들 대학이 평생 교육의 정보화를 개선하도록 돕는 것을 목표로 하고 있으며, 디지털화되고 지능적인 운영 및 관리 향상을 추구하고 있습니다. 회사는 이러한 협력이 수익성을 개선하고 교육 기술 분야에서 귀중한 경험을 제공할 것으로 기대하고 있습니다.
Wah Fu Education Group (NASDAQ: WAFU), fournisseur de services d'éducation en ligne et de préparation aux examens, a annoncé son entrée dans l'IA éducative et l'informatisation. La filiale de l'entreprise, Beijing Huaxia Dadi Distance Learning Services Co., a conclu des accords commerciaux avec quatre établissements d'enseignement supérieur en Chine : l'Institut Technique et Professionnel Ferroviaire de Xi'an, l'Université de l'Éducation de Guizhou, l'Université de Jinan et l'Université Technologique de Chengdu.
Wah Fu vise à tirer parti de son expérience dans le développement de la technologie éducative pour aider ces universités à améliorer l'informatisation de l'éducation continue et à renforcer leur fonctionnement et gestion digitalisés et intelligents. L'entreprise s'attend à ce que ces collaborations améliorent la rentabilité et apportent une expérience précieuse dans le domaine de la technologie éducative.
Wah Fu Education Group (NASDAQ: WAFU), Anbieter von Online-Bildungs- und Prüfungsvorbereitungservices, hat seinen Eintritt in die Bildungstechnologie und Informatisierung angekündigt. Die Tochtergesellschaft des Unternehmens, Beijing Huaxia Dadi Distance Learning Services Co., hat Geschäftsvereinbarungen mit vier Hochschulen in China getroffen: dem Xi'an Railway Vocational & Technical Institute, der Guizhou Education University, der University of Jinan und der Chengdu Technological University.
Wah Fu strebt an, seine Erfahrung in der Entwicklung von Bildungstechnologien zu nutzen, um den Hochschulen zu helfen, die Informatisierung der Erwachsenenbildung zu verbessern und ihre digitalisierten und intelligenten Betriebs- und Verwaltungsprozesse zu optimieren. Das Unternehmen erwartet, dass diese Kooperationen die Rentabilität verbessern und wertvolle Erfahrungen im Bereich der Bildungstechnologie bieten.
- Entry into educational AI and informatization markets
- Business agreements with four higher vocational colleges
- Potential for improved profitability through new collaborations
- Expansion of services in digitalized and intelligent education management
- None.
Insights
Wah Fu Education Group's recent agreements with four higher vocational colleges mark a strategic expansion into educational AI and informatization. This move leverages the company's expertise in educational technology to enhance continuing education programs and digital operations at these institutions.
The partnerships with Xi'an Railway Vocational & Technical Institute, Guizhou Education University, University of Jinan and Chengdu Technological University position Wah Fu to tap into the growing demand for digital education solutions in China's higher education sector. By focusing on improving the informatization of continuing education, Wah Fu is addressing a critical need in the evolving landscape of vocational training and lifelong learning.
For investors, these agreements could potentially lead to:
- Increased revenue streams from service contracts with educational institutions
- Enhanced market position in the educational technology sector
- Opportunities for scaling their technology solutions across more institutions
However, the impact on Wah Fu's financials remains to be seen, as the announcement lacks specific details on contract values or revenue projections. Investors should monitor future earnings reports for tangible evidence of how these partnerships translate into financial growth for the company.
BEIJING, China, Oct. 01, 2024 (GLOBE NEWSWIRE) -- Wah Fu Education Group Limited (“Wah Fu” or the “Company”) (NASDAQ: WAFU), a provider of online education and exam preparation services, as well as related training materials and technology solutions for both institutions and individuals, announcing its entry into the fields of educational AI and informatization.
Recently, Wah Fu's subsidiary, Beijing Huaxia Dadi Distance Learning Services Co., Ltd, reached business agreements with four higher vocational colleges, namely Xi'an Railway Vocational & Technical Institute, Guizhou Education University, University of Jinan and Chengdu Technological University. With its years of experience and expertise in continuous iterative educational technology development, Wah Fu will help the colleges improve their informatization of continuing education and enhance their digitalized and intelligent operation and management. We expect Wah Fu to improve profitability and gain valuable experience through business collaboration with these colleges.
About Wah Fu Education Group Limited
Since its establishment in 1999, Wah Fu has been committed to providing diversified and customized education solutions for the development of students, institutions and universities. It keeps innovating in self-taught examination for higher academic degrees, information application in adult education, non-degree training and others. It has now become one of the most influential brands of distance education for adults in China.
Safe Harbor Statement
This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are not statements of historical facts. When the Company uses words such as “may, “will, “intend,” “should,” “believe,” “expect,” “anticipate,” “project,” “estimate” or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company’s expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the following: the Company’s goals and strategies; the Company’s future business development; product and service demand and acceptance; changes in technology; government regulations; and assumptions underlying or related to any of the foregoing and other risks contained in reports filed by the Company with the Securities and Exchange Commission (the “SEC”). For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company’s filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly update these forward-looking statements to reflect events or circumstances that arise after the date hereof.
For more information, please contact:
At the Company:
Raincy Du
ir@edu-edu.com.cn
FAQ
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