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09616 NEUEDU

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  • 2.420
  • 0.0000.00%
Trading Dec 11 09:00 CST
1.56BMarket Cap3.30P/E (TTM)

About NEUEDU Company

Over the past 20 years, Neusoft Education Technology Co., Ltd. has focused on value creation for learners, based on innovative full-time higher education services, integrated online and offline, vigorously expanded the two major businesses of continuing education, education resources, and digital workshops, established a digital talent education service ecosystem where the three major business segments support and interact with each other, and is committed to becoming a leading provider (ESP) of IT and health care technology education services. Full-time academic higher education As one of the largest IT solution and service providers in China and the first listed software company in China, Neusoft is keenly aware of the gap between college talent training and IT industry talent demand during its rapid development, and the serious disconnect between talent supply and demand has given birth to Neusoft's dream of running a school. Relying on Neusoft's strong industrial genes and technological resources, since 2000, three IT application undergraduate colleges have been established with a high starting point and high standards in Dalian, Liaoning, Chengdu, and Foshan, Guangdong, with new institutional mechanisms — Dalian Neusoft Information University, Chengdu Neusoft University, and Guangdong Neusoft University. Currently, there are more than 0.036 million full-time undergraduate college students, and the cumulative number of graduates has exceeded 0.1 million, making a positive contribution to the development of China's IT industry. Twenty years of educational innovation and leapfrogging development, it has become a leader in private IT higher education in China. Neuedu has always taken “education creates value for students”, built an industry-education integrated, application-oriented operating system, formed a school-enterprise cooperation and win-win operation mechanism, creatively proposed and implemented the TOPCARES integrated talent training model, created a nationally renowned SOVO innovation and entrepreneurship education system with unique Neusoft characteristics, built a university science and technology park with deep integration of industry, education and research, and adopted a group management model with efficient operation and sharing to implement unified education and teaching concepts, methods, models, systems and standards through first-class applied majors and high-level teachers Team building, scientific research and social services close to application, high-quality employment and entrepreneurship for students, the construction of beautiful and smart campuses, and the continuous improvement of school brand influence have built the three universities into test fields for innovative education, research centers for educational methods, and training bases for teacher skills in partner institutions, and achieve the leading position of the three universities in applied universities in China. Continuing education business With the industrial practice of Neusoft's “IT+ Health and Medical Technology” and the accumulation of applied education at Neusoft's three universities, Neusoft Education has built a continuing education service system with Neusoft characteristics, supported by three universities and a nationwide sales network, and vigorously developed a hybrid lifelong education model integrating online and offline. The first is to rely on three Neusoft universities to actively carry out continuing education services such as advanced education for adults; the second is self-study examinations, undertaking various non-academic short-term training services commissioned by the government, enterprises, and colleges. Existing customers cover government departments at all levels such as education, human society, industry and information technology, as well as enterprises in the financial, construction, energy and other industries. Currently, there are 30 training qualifications certified by national, provincial, and municipal governments and other agencies, such as the first batch of 50 national vocational education teacher enterprise practice bases certified by the Ministry of Education and the Ministry of Human Resources and Social Affairs One of the online platforms for skills training, etc. ; The third is to launch IT employment skills training services for college students, graduates, and individual social students to accurately enhance students' employment competitiveness. Educational resources and digital factory business Relying on Neusoft's strong industrial advantages and rich academic experience, we digitize, commercialize, and platformize advanced educational concepts, methods, models, systems, standards, etc. of the three universities that have been verified in practice, and on the basis of continuous application, feedback and iterative upgrades of the three universities, in the form of professional co-construction with industrial colleges, smart education platforms and teaching content, and experimental training room solutions, etc., with O2O (Offline to Online), light assets, and low manpower “3+N (“3”) represents our three universities. “N” represents other higher education institutions using our quality education resources)” business model, which exports first-class educational products and services to many general undergraduate and vocational colleges, and empowers education reform and innovation in partner institutions. Since 2017, our educational resources have been successfully applied to more than 400 undergraduate and vocational colleges. According to Frost & Sullivan's report, Neusoft Education Technology Group's cumulative number of schools providing IT value-added education services in 2019 ranked second in the country among IT value-added education service providers in China. In order to guarantee the characteristics and competitiveness of educational resources and the digital factory business, meet the engineering environment needs of partner institutions, and the talent needs of local governments for local economic and social development, and broaden the employment channels for students, we creatively proposed and built a “digital factory” as one of the implementation carriers for educational resources and digital factory business, forming a complete talent ecosystem from customized training, intensive training, induction internships to talent output for college students. Through the layout of delivery centers and cooperative enterprises in various regions of the country, students from partner colleges and universities are provided with shared simulation or real engineering environments, and talent support services are also provided for cooperative enterprises and regional economic development. After going through a stage of customized training within the school or outside of school, students from partner colleges can either participate in actual project training (induction internships) at third party companies under the guidance of engineers, or enter direct employment in recommended companies, thus forming a healthy ecosystem where the school, enterprise, and government, students, teachers, and engineers all cooperate and win. Neusoft Education Technology Group exports first-class educational products and services to many general undergraduate and vocational colleges using an O2O (Offline to Online), asset-light, and “3+N” business model with few manpower. On the one hand, the Group cooperated with partner institutions and local governments to jointly build a “regional cooperation platform model school”. While carrying out professional co-construction, the group gave full play to the platform model school's leading and radiative promotion effects, and relied on regional delivery centers to provide shared platform services such as digital factories to other cooperative institutions in the region; on the other hand, it carried out professional co-construction cooperation with many regional cooperative institutions distributed across the country to enhance the professional construction and talent training level of partner institutions by providing services such as professional construction and professional co-construction. From becoming the first batch of 35 national-level exemplary software vocational and technical colleges in 2003 and becoming the chairman unit of the Joint Deans' Association, to first winning the first prize for national teaching achievements in 2005, to successively receiving the first batch of 50 colleges with typical experience in innovation and entrepreneurship in the country and the first batch of 99 model colleges and universities to deepen innovation and education reform in the country, the quality of operation of Neusoft Education's universities has continued to improve. The results have continued to be fruitful, and the brand has been widely recognized by all sectors of society in recent years. For many years in a row, it has been rated by media such as Xinhuanet and ChinaNet as honorary titles of China's top ten private universities, the most powerful private university in China, and the most attractive campus in China. In the “Wu Shulian China Private University Comprehensive Strength Ranking”, Dalian Neusoft Information Institute ranked 5th in the country for 2 consecutive years in 2018 and 2019; in the “2020 SoftTech China Private University Rankings”, all three Neusoft universities ranked in the top 100, and Dalian Neusoft Information Institute ranked 5th in the country; the Chinese Higher Education Association released the first “China Higher Education Association” Normal all over the country “University Teacher Teaching Development Index”. The “National College Teacher Teaching Competition Analysis Report (2012-2019)” was released in early 2020. The two evaluations ranked first among all private colleges and independent colleges in the country; at the beginning of 2020, three majors from Dalian Neusoft Information College were selected as the first batch of national-level first-class undergraduate professional construction sites. The number of approvals ranked 1st among all independent colleges of private colleges and universities in the country. It is also the only private college among colleges and universities with three majors selected. Neusoft Education has also successively won the “Xinhuanet 2019 · Comprehensive Strength Education Group”, the first batch of vocational education teacher enterprise practice bases in the country, and the first batch of 50 online vocational skills training platform institutions recommended by the Ministry of Human Resources and Social Affairs. In July 2020, it was included in the first batch of industry-education integrated enterprise construction and cultivation units in Dalian.

Company Profile

Symbol09616
Company NameNEUEDU
ISINKYG6460B1086
Listing DateSep 29, 2020
Issue Price6.22
Shares Offered166.67M share(s)
FoundedAug 20, 2018
Registered AddressCayman Islands
Chairmanjiren liu
Secretaryjing he
Audit InstitutionErnst & Young
Company CategoryOverseas registration of Mainland Individuals control
Registered Office89 Nexus Way Camana Bay Grand Cayman, KY1-9009 Cayman Islands
Head Office and Principal Place of BusinessRoom 903, 9th floor, Eagle King Centre, 23 Harbour Road, Wanchai, Hong Kong
Fiscal Year Ends12-31
Employees3755
MarketHong Kong motherboard
Phone(86)41184835288
Fax(86)41184760003
Emailjtbrand@neusoft.edu.cn
Business Neusoft Education Technology Co., Ltd. is an investment holding company in China. It mainly provides full-time higher education services, continuing education services, educational resources and digital workshops. Its full-time higher education services and continuing education services are operated by three universities and eight training schools. Its educational resources and digital workshop are provided by Dalian Education and several of its subsidiaries (such as Shanghai Ruixiang and Tianjin Ruidao). Its full-time higher education services include undergraduate courses, specialist courses, and post-secondary undergraduate courses. Continuing education services include higher education continuing education courses, higher non-academic continuing education courses and short-term training programs.

Company Executives

  • Name
  • Position
  • Salary
  • jiren liu
  • Chairman, Non-executive Directors, Chairman of the Nomination Committee, Remuneration Committee Members
  • --
  • tao wen
  • President, CEO, Executive Director, Authorized Representative
  • 27.82M
  • xinjie rong
  • Non-executive Directors, Audit Committee Members
  • --
  • xia zhang
  • Non-executive Directors
  • --
  • yinghui zhang
  • Non-executive Directors
  • 9.03M
  • yinhuan sun
  • Non-executive Directors
  • --
  • shulian liu
  • Independent Non-Executive Director, Chairman of the Audit Committee, Nomination Committee Members
  • 162.00K
  • daokui qu
  • Independent Non-Executive Director, Remuneration Committee Chairman, Audit Committee Members
  • 162.00K
  • weiping wang
  • Independent Non-Executive Director, Remuneration Committee Members, Nomination Committee Members
  • 162.00K
  • yujun chao
  • VP, Chief Financial Officer
  • --
  • yingao li
  • VP
  • --
  • weikun wang
  • VP
  • --
  • jing he
  • Authorized Representative, Company Secretary
  • --
  • lin wei
  • Authorised Representative Replacements for Dr. Wen Tao and Ms. He Jing
  • --
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