On October 18, Eastsoft Education (09616) held the groundbreaking ceremony for its Health Medical Science and Technology Park in Dalian, adding a new "territory" to the company's integrated strategy of "education-medical-retirement-health-tourism." With the deep accumulation of the education business's "one body and two wings," Eastsoft Education is embarking on a unique and innovative path of high-quality development by continuously deepening its layout in industries such as medical, retirement, culture, and tourism.

The potential for synergistic development is highlighted by the deep integration of multiple industries.

Public information shows that Eastsoft Education's Health Medical Science and Technology Park project is located in the northern section of Daxue Road in the high-tech zone of Dalian. Leveraging the strong foundation of Dalian Eastsoft Information College's provincial university science and technology park, the project focuses on the deep integration of education, technology, and health medical fields, actively expanding the university-connected medical retirement industry, aiming to create a demonstration education health medical science and technology park that covers the entire lifecycle and integrates with urban and natural landscapes.

Specifically, the Health Medical Science and Technology Park focuses on three key areas: information technology, science education culture tourism, and life health. By planning and constructing comprehensive hospitals, student training bases, apartments, research and development centers, etc., it aims to create professional field retirement talent practice training platforms, technology results transformation platforms, innovation entrepreneurship incubation platforms, and city-level smart health retirement comprehensive service platforms.

Looking ahead, the Health Medical Science and Technology Park project will synergize with existing facilities such as Dalian Ruikang Cardiovascular Hospital, Dalian Ruikang Zhuomei Dental Hospital, Dalian Ruikang Home Care Center, Eastsoft Education Science and Technology Metaverse Research Institute, Eastsoft Smart Medical Imaging Research Institute, and Eastsoft Smart Health Research Center, not only further deepening Eastsoft Education's integrated strategy layout of "education-medical-retirement-health-tourism," but also actively promoting the transformation and upgrading of the regional industry and stimulating innovation vitality.

Seizing the opportunity of the trillion-dollar market, accelerating the deepening of the integrated strategy of "education-medical-retirement-health-tourism."

In recent years, with the progress of technology, the improvement of people's living standards, and the increasing awareness of people's health, the big health industry, as an important part of the national strategy, has ushered in unprecedented development opportunities.

Recently, the Healthy Industry Consumer Trends Development Report released by the China Consumer Association shows that the total revenue scale of China's healthy industry will reach 9 trillion yuan in 2024, a significant increase from the total of 8 trillion yuan in 2021, indicating a continuous expansion of the healthy industry market.

Based on a profound insight into the trend of population aging and a grasp of the high-speed growth opportunities in the silver economy, Neuedu is leveraging its own educational resources and advantages across multiple industries to accelerate the construction of a new integrated development model encompassing education, medical care, retirement, health, and tourism. By cleverly integrating multiple business sectors such as education, medical services, retirement care, and cultural tourism, and achieving synergy across multiple businesses, Neuedu is driving a year-on-year increase of 11.2% in gross profit to 0.511 billion yuan in the first half of 2024, with per capita profit growth of 1.2% to 0.277 billion yuan.

Leveraging the solid foundation of three IT application-oriented undergraduate universities (Dalian Neusoft Institute, Neusoft College in Chengdu, Neusoft College in Guangdong), Neuedu's full-time academic higher education services recorded an income of 0.802 billion yuan in the first half of the year, a year-on-year growth of 7.2%; as of October 10, 2024, the total number of students in the 2024/2025 academic year is approximately 0.058 million, an increase of about 2.4% compared to the 2023/2024 academic year (as of September 26, 2023).

In the field of retirement, utilizing the excellent faculty team, high-quality teaching resources, and advanced teaching facilities of its three universities, Neuedu has launched a specialized elderly education product called Neusoft Phoenix Academy. According to reports, Neusoft Phoenix Academy offers personalized courses in the fields of AI and art creation, health and rehabilitation, and spiritual health and tourism tailored to the individual needs of the elderly, innovatively creating a more distinctive and humanistic "LIFECARES" elderly education model.

Additionally, its international high-end retirement care center, Rui Kang Home Care Home, has officially commenced operations. As a typical example of medical and retirement care integration, the Home Care Home collaborates with the three-level cardiovascular hospital within the park, such as Dalian Rui Kang Cardiovascular Hospital (Affiliated Second Hospital of Dalian Medical University Cardiovascular Hospital), and Dalian Rui Kang Zhuomei Dental Hospital, with an internal rehabilitation center to ensure comprehensive medical care for the elderly, including regular visits and consultation services. Leveraging the high-quality medical resources of Neusoft Health Park, the Home Care Home is able to provide customized exclusive scientific care plans and rehabilitation programs for the elderly, covering living care and medical nursing, effectively improving the quality of elderly care services.

From specific planning perspectives, Neuedu's ongoing Health Medical Technology Park project will include sections such as "Rui Kang Comprehensive Hospital," "Education Technology Building," "Apartments," and "Research and Development Center." The Rui Kang Comprehensive Hospital will focus on key areas such as elderly disease rehabilitation, bone disease prevention and treatment, and ophthalmology diagnosis and treatment. By adopting advanced development models in the medical and health industry, integrating Neusoft medical resources with cutting-edge digital technology, and attracting high-level medical talent, the hospital is committed to providing patients with highly professional and intelligent medical service experiences.

It can be seen that as of now, Neuedu has preliminarily formed an industrial layout integrating education, medical services, and retirement care services, constructing a stable, mutually beneficial, efficient, and sustainable new format. The accumulation of disciplines and specialties in its three universities is expected to support talent development in the field of elderly education, while the industrial layout of hospitals and retirement care homes can in turn provide practical bases for related majors in the three universities. Simultaneously, elderly education will attract potential customer flow for the medical and health industry, and the medical industry layout will provide medical support for the operation of elderly education and retirement homes. The multiple-industry strategic layout complements each other, demonstrating strong synergistic effects.

With the prospects of macroeconomic recovery and the favorable winds from the vocational education track blowing, as a leading multi-industry layout figure in the education sector, Neuedu has truly become an attractive investment target. Supported by fundamentals and high growth expectations, Neuedu is also expected to bring more value returns to investors in the future.