Tag Archives: HED

PR Newswire

University of Technology Sydney (UTS) to visit Vietnam

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Opportunity for Vietnamese students to discover Australia’s number one young university[i]

SYDNEY, Oct. 6, 2022 /PRNewswire/ — Students interested in learning more about opportunities at the University of Technology Sydney (UTS) are warmly invited to attend two informative events here in Vietnam. UTS is preparing Open Days in Hanoi and Ho Chi Minh City with presentations from faculty, alumni, and staff.

University of Technology Sydney campus
University of Technology Sydney campus

The Open Days are a rare opportunity to experience the university and talk with academics and alumni without leaving Vietnam. They will include free sessions for students and their families covering study programs, student life in Sydney Australia, accommodation, tuition fees, scholarships, and career opportunities in Australia and around the world for UTS graduates.

Learn more about student life in Australia

Activities on the day will include:

  •  Presentations, career workshops, and mock classes with UTS academics
  •  Information booths where visitors can consult with faculty members and explore pathway options with UTS College
  •  Exclusive support and rewards offered by UTS and partners in Vietnam
  •  Opportunities to meet representatives from Australia’s Trade and Investment Development Authority
  •  UTS staff and alumni available for questions

Why students choose UTS

A degree from UTS prepares graduates for the real world. Major projects, group work, simulations and industry case studies are a core component of each degree. This real-world focus is the result of close ties with industry – industry partners help the university to shape cutting-edge course content. Students graduate ready to deliver real solutions to the challenges of today and tomorrow.

Generous scholarship program

With up to A$12 million awarded to international students each year, UTS offers one of the most generous scholarship programs in Australia. Financial support ranges from academic excellence awards to full-award scholarships, helping international students to thrive at UTS.

Career support for international students

Because studying in Australia presents challenges and opportunities for international students, UTS offers a range of services to help them develop the skills, knowledge, and confidence to succeed at university and beyond. Created with input from industry, graduate recruiters, and faculty experts, these programs, events, and resources are relevant, with an emphasis on ‘real world’ employability.

Event details, Hanoi and Ho Chi Minh City

UTS Open Day Hanoi:
1.30-5.30pm, Saturday 22 October
Hilton Hanoi Opera
1 Le Thanh Tong
Phan Chu Trinh Ward
Hoan Kiem District, Hanoi
Register at https://bit.ly/3M8CVI5

UTS Open Day Ho Chi Minh City:
8.30am-12.00pm, Sunday 23 October
Eastin Grand Hotel Saigon
253 Nguyen Van Troi Ho Chi Minh City
Thanh pho Ho Chi Minh 10

Register at https://bit.ly/3rvcbIl

About UTS and UTS College
The University of Technology Sydney (UTS) is a leading university of technology with global impact and among the top 150 universities in the world. With more than 340 diverse programs for study and research, UTS prepares students for the challenges of today and tomorrow through its future-focused and industry-connected approach to learning. Its location in Sydney’s innovation precinct, Tech Central, places it in the heart of Australia’s tech economy – where creativity meets technology.

Students often begin their UTS experience with UTS College, the pathway to UTS, which offers English Language programs, Diploma courses (undergraduate pathways in Business, Communications, Design & Architecture, Engineering, IT and Science) and a Pre-Master’s Program.

PR Newswire

ViewSonic Celebrates 35th Anniversary with Successful Transformations and “Ecosystem as a Service” Strategy

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BREA, Calif., Sept. 2, 2022 /PRNewswire/ — ViewSonic Corp., a leading global provider of visual and EdTech solutions, celebrates its 35th anniversary and announces its latest strategy – “Ecosystem as a Service” (EaaS). Over the years, the company has successfully transformed from a hardware company to a solutions provider. With its experience and expertise, it further commits itself to innovating and collaborating with its partners to strengthen the entire ecosystem, promoting the industry to greater transformations.

With over 35 years of expertise in visual display, ViewSonic has transformed into a solution company.
With over 35 years of expertise in visual display, ViewSonic has transformed into a solution company.

“Founded in 1987, our business initially produced monitors. We expanded to other product lines and achieved tremendous success in corporate, consumer, and education segments,” said James Chu, CEO of ViewSonic. “To respond to the fast-changing environment, we started to transform our company and develop solutions by integrating hardware, software, and services. With the vision to inspire the world to see the difference between the ordinary and the extraordinary, we will continue to partner with the industry more closely to accelerate innovation and solve our customers’ problems.”

Facilitate Industrial Transformations with EaaS

The concept of Ecosystem as a Service (EaaS) is to include the stakeholders within the industry in the process of solution development and to create new services together. Starting with the education sector, ViewSonic has achieved great results with the EaaS strategy and will plan to implement the strategy in other segments to expand it globally. 

In its pioneer project, ViewSonic partnered with governments, schools, and educational institutes to launch a series of training and certification programs to improve teachers’ digital teaching ability. Beyond that, ViewSonic worked with publishers and hosted competitions to encourage teachers to create innovative learning materials for their lessons. Through engaging on online social media platforms, ViewSonic built a community of educators, allowing them to share their experiences and exchange ideas about teaching digitally. All stakeholders in the industry could come together and work with ViewSonic to establish issues around digital teaching. All these aspects worked to form a well-rounded ecosystem within the education industry.

Lead the World of EdTech from 2D to 3D

As a leading EdTech brand, ViewSonic provides a total solution that integrates ViewBoard interactive displays, myViewBoard software, and an EdTech ecosystem. During the pandemic, ViewSonic offered myViewBoard for free to K-12, colleges, and universities, supporting online teaching and learning during school closures. To date, myViewBoard has exceeded 6 million users around the world.

However, the current mode of online learning is still limited by the lack of interaction, making it difficult for educators to evaluate student engagement during classes. To resolve these issues, ViewSonic elevated the digital learning experience from a 2D education environment to an immersive 3D environment. Through the introduction of UNIVERSE by ViewSonic, a metaverse for education, educators and students can teach and learn as if they were in a real classroom. Combined with intuitive controls and diverse tools, teachers can engage students in discussions and group collaboration, gaining feedback in real-time. Students are able to express themselves and interact with peers through personalized avatars. UNIVERSE brings a sense of belonging to both teachers and students no other online learning platforms can provide.

Innovative Solutions to Evolve Lives

The pandemic has changed the foundations of the society and people’s lifestyle. More than ever, people are adopting new technologies to re-adjust to their new lives, while businesses are seeking advanced and efficient solutions to sustain themselves. ViewSonic provides a full range of innovative products and services to help consumers and businesses improve their efficiency, flexibility, and performance.

By introducing a series of portable monitors, projectors, and pen displays, people can work, play, and learn anytime, anywhere. With advanced functions, such as videoconferencing, people can enjoy high-quality communication and collaborate remotely. For sustainability, ViewSonic has been using LED technology to develop more sustainable solutions. It expands its LED projector solutions from consumers to corporations, which addresses the critical need for equipment to be energy-saving and maintenance-free. The latest digital signature solution makes workflow more efficient and fulfills security requirements for multi-identification verification across telecom, banking, hospital, and hotel industries.

With a customer-centric mindset, ViewSonic will continue to upgrade its product line, invest in the latest technologies, and create a tight-knit community between educators, creators, and gamers across different vertical markets to inspire the world with visual excellence.

About ViewSonic

Founded in California, ViewSonic is a leading global provider of visual solutions and conducts business in over 100 countries worldwide. As an innovator and visionary, ViewSonic is committed to providing comprehensive hardware and software solutions that include monitors, projectors, pen displays, commercial displays, All-in-One LED displays, ViewBoard interactive displays, and myViewBoard software ecosystem. With over 35 years of expertise in visual displays, ViewSonic has established a strong position for delivering innovative and reliable solutions for education, enterprise, consumer, and professional markets and helping customers “See the Difference.” To find out more about ViewSonic, please visit www.viewsonic.com.

Source: ViewSonic Corp.

PR Newswire

PageUp to streamline talent management for Stockton University

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Stockton University selects PageUp to overhaul its approach to talent management with PageUp Recruitment Management, Onboarding and Marketplace integrations.

NEW YORK, Aug. 27, 2022 /PRNewswire/ — PageUp [https://www.pageuppeople.com], a leading provider of talent management software, today announced that Stockton University has selected PageUp Recruitment Management, Onboarding and Marketplace integrations to streamline its hiring strategy.

Stockton University is a public university in Galloway Township, New Jersey, and is ranked among the top public universities in the Northeast. With more than 160 undergraduate and graduate programs, as well as continuing education opportunities, Stockton University welcomes students from around the globe.

To maintain its reputation as a leading public university, Stockton needs to hire the best talent. To do that, Stockton will rely on PageUp Recruitment Management, Onboarding and seamless Marketplace integrations to attract the best faculty and support staff.

PageUp will help Stockton automate and streamline the hiring lifecycle, breaking down silos and providing a transparent, cloud-based hiring solution that recruiters, hiring managers, and candidates can enjoy.

Behind the scenes, PageUp will drive greater efficiency, automation and transparency in these critical talent management processes, allowing the institution to increase the quality and diversity of hires while delivering an outstanding candidate to employee experience.

PageUp was ultimately selected for its customer support, configurability, user experience, and proven track record in the higher education industry, with over 160 campuses using PageUp solutions globally.

PageUp will provide Stockton with:

  • A highly configurable Recruitment Management solution to streamline the hiring process
  • Sophisticated talent pipelining functionality to keep valuable candidate information on hand
  • Streamlined reporting with visibility into EEO and diversity data
  • Features built specifically for higher education institutions
  • Engaging onboarding functionality including video content
  • Intuitive, easy to configure workflows and dashboards
  • Seamless 2-way integration with Banner and SSO

“We look forward to working with PageUp. Their track record with institutions of higher education will help streamline the hiring process and support Stockton’s commitment to a diverse workforce that supports our student-centered mission,” said Mamta Patel, Associate Vice President for Human Resources at Stockton University. “As the University continues to grow, PageUp will help us better serve our employees and expand our outreach efforts to attract top talent.”

Mark Rice, PageUp CEO, says, “We are excited to support Stockton University on its mission to modernize hiring. By adopting a reliable, higher education-focused hiring solution, Stockton can now deliver a wonderful candidate and employee experience.”

About PageUp

The powerful PageUp platform optimizes each step of the talent management lifecycle – so everyone can reach their full potential. PageUp Talent Management software enhances HR processes with technology that HR professionals, people leaders and employees love to use. From Recruitment Marketing – including sophisticated content management, marketing automation and candidate relationship management tools – through to Recruitment Management, Onboarding, Learning, Performance, and Succession – all underpinned by Analytics.

Customers love PageUp for its deep functionality and ability to be configured for a range of workflows and industries, all accompanied by outstanding customer service. Used in over 190 countries, PageUp is a truly global solution. PageUp has offices in Melbourne, Sydney, New York, London and Dublin.

PageUp media contact:                                                                                                                                                

Angela Castles
PageUp
M: +61 402 441 046
E: angelac@pageuppeople.com

Cision View original content:https://www.prnewswire.com/news-releases/pageup-to-streamline-talent-management-for-stockton-university-301611762.html

PR Newswire

Visionary Education Technology Holdings Group Inc. Reports Fiscal Year 2022 Financial Results

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MARKHAM, Canada, Aug. 13, 2022 /PRNewswire/ — Visionary Education Technology Holdings Group Inc. (the “Company”) (Nasdaq: VEDU), a private education provider located in Canada that offers high-quality education resources to students around the globe, today announced its financial results for the fiscal year ended March 31, 2022.

Fiscal Year 2022 Financial Highlights

  • Revenues was $5.2 million in fiscal year 2022, compared to $7.7 million in fiscal year 2021.
  • Gross profit margin was 49.8% in fiscal year 2022, compared to 55.2% in fiscal year 2021.
  • Income from operations was $1.0 million in fiscal year 2022, compared to $3.7 million in fiscal year 2021.
  • Net loss was $56,474 in fiscal year 2022, compared to net income of $2,913,646 in fiscal year 2021.

Mr. David Xu, Chief Executive Officer and Chief Operating Officer of the Company, commented, “In fiscal year 2022, we have invested and consolidated our education resources and built a solid foundation for our future development. On May 17, 2022, we completed our initial public offering, which was an important milestone in the history of the Company. Becoming a publicly traded company provides us with more opportunities to continue developing our education resources. We plan to invest in more profitable and higher growth business areas such as high school education for international students, integrated platform of technology and education, online standardized artificial intelligence driven central platforms and offline personalized education services which are expected to drive exponential tuition revenue growth in the near future. In addition, we intend to close the purchase of the properties at 95-105 Moatfield Drive, Toronto this month. This education facility is expected to generate about $10 million annual rent revenue. Looking forward, we will continue to provide high-quality education to students, execute our strategic initiatives and expand our market share. We believe our organic growth and strategic development will position us well for the future and we are confident in creating long-term values and returns for our shareholders.”

Fiscal Year 2022 Financial Results

Revenues

Revenues decreased by $2.5 million, or 32.1%, to approximately $5.2 million in fiscal year 2022 from approximately $7.7 million in fiscal year 2021. The decrease in revenue was principally  because the Company’s sales of vacant land decreased $4.3 million, partially offset by  increased rent revenue of $1.6 million in fiscal year 2022.

For the Year Ended March 31,

2022

2021

($)

Revenue

Cost of Revenue

Gross Margin

Revenue

Cost of Revenue

Gross Margin

Rent

2,298,198

1,322,188

42.5 %

674,898

256,981

61.9 %

Tuition

669,442

319,913

52.2 %

358,241

124,762

65.2 %

Construction

8,117

4,663

42.6 %

78,219

19,529

75.0 %

Vacant land

2,272,704

990,261

56.4 %

6,613,863

3,058,175

53.8 %

Total

5,248,461

2,637,025

49.8 %

7,725,221

3,459,447

55.2 %

Revenue from rent increased by $1.6 million, or 240.5%, to $2.3 in fiscal year 2022 from $0.7 million in fiscal year 2021. The increase in rent revenue was mainly due to the revenue generated from two office buildings purchased by the Company on April 15, 2021. These two office buildings are located in Downtown Markham, Ontario, Canada. In addition, rent revenue from the Company’s facility located in 41 Metropolitan Road, Toronto, Ontario also increased due to an increase in the number of tenants as compared to fiscal year 2021.

Revenue from tuition income increased by $0.3 million, or 86.9%, to $0.7 million in fiscal year 2022 from $0.4 million in fiscal year 2021. The increase in revenue was mainly from newly acquired Max the Mutt College of Animation, a private career college that offers diplomas in Classical & Computer Animation & Production, Illustration & Storytelling for Sequential Arts, and Concept Art for Animation & Video Games, and Lowell Academy, a private high school that offers high school education. Revenue from the Company’s online learning platform, Toronto ESchool remained stable.

Revenue from the decoration and construction business decreased by $70,102, or 89.6%, to $8,117 in fiscal year 2022 from $78,219 in fiscal year 2021. The decrease was mainly due to the negative impact caused by the COVID-19 pandemic and less focus on this business segment. The Company had no significant income from its construction business in fiscal year 2022.

The Company sold 8 lots of vacant land in fiscal year 2022 and generated revenue of approximately $2.3 million. The Company sold 19 lots of vacant land in fiscal year 2021 and generated revenue of approximately $6.6 million. As of March 31, 2022, the Company had no vacant land for future sales.

Gross Profit and Gross Margin

Total cost of revenue decreased by $0.8 million to $2.6 million in fiscal year 2022, from $3.4 million in fiscal year 2021.

Gross profit decreased by $1.7 million, or 5.5%, to $2.6 million in fiscal year 2022, from $4.3 million in fiscal year 2021. Overall gross margin was 49.8% in fiscal year 2022, compared to  55.2% in fiscal year 2021.

Gross margins for rent business, education business, construction business and sales of vacant land were 42.5%, 52.2%, 42.6% and 56.4%, respectively, for fiscal year 2022, compared to 61.9%, 65.2%, 75.0% and 53.8%, respectively, for fiscal year 2021.

General and Administrative Expenses

General and administrative expenses increased by $305,054, or 230.7%, to $437,278 in fiscal year 2022 from $132,224 in fiscal year 2021. The increase was mainly  because the Company recorded arrear interest of $172,993 in fiscal year 2022 due to the late filing of tax returns. In addition, there was increased amortization and utility expenses from the Company’s newly purchased two office buildings in downtown Markham.

Professional Fees

Professional fees increased by $139,119, or 65.8%, to $350,636 in fiscal year 2022 from $211,517 in fiscal year 2021. The increase was mainly due to the increased legal fees and accounting fees related to the Company’s public offering process.

Salaries and Compensations

Salaries and compensations increased by $599,299, or 310.1%, to $792,546 in fiscal year 2022 from $193,247 in fiscal year 2021. The significant increase was mainly due to the expansion of the Company’s educational business and the increased compensation that the Company paid during fiscal year 2022 to attract and retain experienced senior management and professional employees.

Interest Expense, Net

Interest expense increased by $0.8 million, to $0.9 million in fiscal year 2022 from $0.1 million in fiscal year 2021. The significant increase was mainly due to a higher bank loan balance in connection with the purchase of two office buildings located in Downtown Markham, Ontario, Canada. The Company’s outstanding bank loan balance was approximately $18.8 million and $6.4 million as of March 31, 2022 and 2021, respectively.

Government Subsidies

In fiscal year 2022, the Company received $490,171 from the Canada Emergency Wage Subsidy program and Canada Emergency Rent Subsidy program. In fiscal year 2021, the Company applied for total loans of $143,136 under the Canada Emergency Business Account (CEBA) program, of which $45,450 is expected to be forgiven. In addition, the Company received $39,207 from the Canada Emergency Wage Subsidy program in fiscal year 2021. The increase of wage subsidy was consistent with the increase of the Company’s salary and compensation expenses.

Impairment Expenses

In fiscal year 2022, the Company recorded impairment loss of $379,165 for the intangible assets and goodwill in connection with the private high schools and Conbridge College, a private college because the Company is in the process of improving the efficiency of the operations, streamlining the business lines to focus on its core education sector, and optimizing the structure of the vocational educational business.

Other income

The Company had other income of $20,709 in fiscal year 2022. In fiscal year 2021, the Company had other income of $245,109, mainly from the one-time sales of personal protective equipment to one Canadian financial institution during the pandemic.

Provision for Income Taxes

Provision for income taxes decreased by $0.7 million, to $0.3 million for fiscal year 2022 from $1.0 million for fiscal year 2021. The decrease was mainly due to the decreased income before income taxes.

Net Income (Loss)

Net loss was $56,474 for fiscal year 2022, as compared to net income of approximately $2.9 million for fiscal year 2021.

Balance Sheet

As of March 31, 2022, the Company had cash of $0.7 million, as compared to $1.2 million as of March 31, 2021.

Cash Flow

Net cash provided by operating cash flow was $6.4 million in fiscal year 2022, compared to $4.4 million for fiscal year 2021.

Net cash used in investing activities was $24.3 million in fiscal year 2022, compared to $3.1 million in fiscal year 2021. The increase in net cash used in investing activities was primarily attributable to the purchase of two office buildings for approximately $16.9 million in downtown Markham, the deposits of approximately $7.2 million paid to acquire the properties located on 95-105 Moatfield Drive, Toronto, as well as the payments made to acquire various private school licenses and Max the Mutt College of Animation.

Net cash provided by financing activities was $17.5 million in fiscal year 2022, compared to net cash used in financing activities of $0.4 million in fiscal year 2021. The increase in net cash provided by financing activities in fiscal year 2022 was primarily attributable to the mortgages the Company obtained from HSBC Bank. In connection with the purchase of the two office buildings, on April 15, 2021, the Company obtained bank loans of $7.2 million (C$9.0 million) and $5.6 million (C$7.0 million) respectively from HSBC Bank.

Recent Development

Initial Public Offering

On May 19, 2022, the Company closed its IPO of 4,250,000 Common Shares at a public offering price of $4.00 per share for gross proceeds of $17.0 million. The total net proceeds to the Company from the IPO, after deducting discounts, expense allowance, and expenses, were approximately $14.3 million. Following the closing of the Offering, the Company has a total of 39,250,000 Common Shares issued and outstanding. In connection with the offering, the Company’s common shares began trading on the NASDAQ under the symbol “VEDU.”

Acquisition of Griggs International Academy China Co. Ltd.

On July 14, 2022, the Company entered into a Capital Increase and Share Expansion Agreement (the “Contribution Agreement”) with Griggs International Academy China Co. Ltd. (“Griggs China“), a Hong Kong private consulting and investment holding company offering United States K-12 diploma programs and services of Griggs International Academy USA at four locations in China.. Pursuant to the Contribution Agreement, the Company has agreed to invest $900,000 in Griggs China in exchange for 9,000 newly issued shares of Griggs China, which will equal 90% of issued and outstanding shares of Griggs China. This transaction closed on July 29, 2022.

On July 19, 2022, the Company signed a purchase agreement with the two principal shareholders of Griggs China  to purchase their 1,000 shares for a total consideration of $50,000. The two shareholders will retain 10% of the dividend rights of the Company’s Griggs Program in exchange for the sale of their ordinary shares, and the Company guaranteed to pay an annual minimum of $20,000 and $10,000, respectively, to the two shareholders as a retainer if no dividend is to be declared. The payment of the retainer commences September 1, 2022 and remains in effect until August 31, 2032. After completing this transaction, the Company will own 100% of Griggs China.

About Visionary Education Technology Holdings Group Inc.

Visionary Education Technology Holdings Group Inc., headquartered in Markham, Canada, is a private education provider located in Canada that offers high-quality education resources to students around the globe. The Company aims to provide access to secondary, college, undergraduate and graduate and vocational education to students in Canada through technological innovation so that more people can learn, grow and succeed to their full potential. As a fully integrated provider of educational programs and services in Canada, the Company has been serving and will continue to serve both Canadian and international students. For more information, visit the Company’s website at https://ir.visiongroupca.com.   

Forward-Looking Statements

All statements other than statements of historical fact in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “believes,” “expects,” “anticipates,” “estimates,” “intends,” “would,” “continue,” “should,” “may,” or similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and in its other filings with the SEC.

For more information, please contact:

Visionary Education Technology Holdings Group Inc.
Investor Relations Department
Email: ir@farvision.ca    

Ascent Investors Relations LLC
Tina Xiao
President
Phone: +1 917-609-0333
Email: tina.xiao@ascent-ir.com 

VISIONARY EDUCATION TECHNOLOGY HOLDINGS GROUP INC.

CONSOLIDATED BALANCE SHEETS

(IN U.S. DOLLARS) 

March 31,

March 31,

2022

2021

ASSETS

CURRENT ASSETS

Cash

$

741,868

$

1,190,616

Short-term investments

56,021

–

Accounts receivable, net

1,653

183,690

Accounts receivable – related party

–

286,272

Prepaid and other receivable

179,647

81,522

Inventories

–

839,390

Due from related parties

432,676

3,104,042

Loan receivable – current

131,036

–

Related parties loan receivable – current

–

105,898

Total current assets

1,542,901

5,791,430

Restricted cash – non-current

67,821

–

Property, plant and equipment, net

23,240,470

4,469,767

Right of use assets

958,477

35,445

Intangible assets, net

1,082,061

428,061

Acquisition deposits

7,364,241

2,496,790

Goodwill

1,030,399

–

Loan receivable

–

127,232

Deferred offering cost

940,214

–

Related parties loan receivable – non-current

–

318,377

TOTAL ASSETS

$

36,226,584

$

13,667,102

LIABILITIES AND EQUITY

CURRENT LIABILITIES

Accounts payable

$

278,544

$

50,198

Accrued liabilities

1,465,318

120,149

Other tax payable

1,435,045

1,020,329

Due to related parties

7,219,022

1,471,191

Deferred revenue

532,520

201,169

Lease liability – current

211,600

16,150

Bank loans – current

542,264

172,629

Income tax payable

1,598,153

1,116,024

Total current liabilities

13,282,466

4,167,839

Deferred tax liabilities

243,762

33,627

Lease liability, non-current

746,877

19,295

Bank loans, non-current

18,278,316

6,214,428

TOTAL LIABILITIES

32,551,421

10,435,189

Commitments

EQUITY

Common shares, no par value, unlimited shares authorized, 35,000,000 issued and outstanding*

–

–

Additional paid-in capital

665,985

665,985

Retained earnings

2,587,747

2,577,998

Accumulated other comprehensive income

185,179

163,295

Total shareholders’ equity attributable to the Company

3,438,911

3,407,278

Noncontrolling interest

236,252

(175,365)

Total shareholders’ equity

3,675,163

3,231,913

TOTAL LIABILITIES AND EQUITY

$

36,226,584

$

13,667,102

*

Retroactively restated for effect of recapitalization

VISIONARY EDUCATION TECHNOLOGY HOLDINGS GROUP INC.

CONSOLIDATED STATEMENTS OF INCOME

AND COMPREHENSIVE INCOME

(IN U.S. DOLLARS)

For the Years Ended March 31,

2022

2021

Revenue – rent

$

2,298,198

$

674,898

Revenue – tuition

669,442

358,241

Revenue – construction

8,117

78,219

Revenue – sales of land

2,272,704

6,613,863

Total Revenues

5,248,461

7,725,221

Cost of revenue – rent

1,322,188

256,981

Cost of revenue – tuition

319,913

124,762

Cost of revenue – construction

4,663

19,529

Cost of revenue – sales of land

990,261

3,058,175

Total cost of revenues

2,637,025

3,459,447

Gross Profit

2,611,436

4,265,774

Operating expenses:

General and administrative expenses

437,278

132,224

Professional fees

350,636

211,517

Salaries

792,546

193,247

Total operating expenses

1,580,460

536,988

Income from operations

1,030,976

3,728,786

Other (expense) income

Interest expense

(906,398)

(141,690)

Impairment loss

(379,165)

–

Government subsidies

490,171

84,657

Other income

20,709

245,019

Total other (expense) income, net

(774,683)

187,986

Income before income taxes

256,293

3,916,772

Provision for income taxes – current

(312,767)

(1,003,126)

Net (loss) income

(56,474)

2,913,646

Less: net loss (income) attributable to noncontrolling interest

66,223

(46,789)

Net income attributable to Visionary Education Technology Holdings Group

9,749

2,866,857

Other comprehensive income:

Foreign currency translation gain

26,333

164,684

Comprehensive (loss) income

(30,141)

3,078,330

Less: comprehensive loss (income) attributable to noncontrolling interest

61,774

(23,626)

Comprehensive income attributable to Visionary Education Technology Holdings Group

$

31,633

$

3,054,704

Earnings Per share

Basic and diluted

$

(0.00)

$

0.08

Weighted Average Shares Outstanding*

Basic and diluted

35,000,000

35,000,000

  * Retroactively restated for effect of recapitalization

VISIONARY EDUCATION TECHNOLOGY HOLDINGS GROUP INC.

CONSOLIDATED STATEMENTS OF CASH FLOWS

(IN U.S. DOLLARS)

For the Years Ended March 31,

2022

2021

Cash flows from operating activities:

Net (loss) income

$

(56,474)

$

2,913,646

Adjustments to reconcile net income to net cash provided by operating activities:

Depreciation and amortization

494,729

53,763

Gain recognized on government subsidy

22,883

(45,450)

Impairment loss on intangible assets and goodwill

379,165

–

Changes in operating assets and liabilities:

Accounts receivable

202,741

(174,982)

Accounts receivable from related party

167,550

(272,700)

Inventories

842,346

2,686,597

Prepayments and other current assets

(97,322)

(77,657)

Due from related party

2,114,745

(2,692,545)

Accounts payables

227,370

37,367

Accrued liabilities

854,071

114,453

Other tax payable

406,999

877,215

Deferred revenue

329,113

9,796

Taxes payable

473,607

1,010,214

Net cash provided by operating activities

6,361,523

4,439,717

Cash flows from investing activities:

Acquisition of business

(471,550)

(151,500)

Acquisition deposit

(17,016,884)

(2,378,418)

Purchase additional shares from NCI

–

(31,808)

Loan advance to related parties

425,770

(377,785)

Refund of land deposit

52,668

–

Short-term investment

(55,860)

–

Loan advance to unrelated parties

(2,979)

(121,200)

Acquisition deposits

(7,215,396)

–

Net cash used in investing activities

(24,284,231)

(3,060,711)

Cash flows from financing activities:

Proceeds from bank loan

85,909

136,350

Proceeds from mortgage

12,768,000

6,060,000

Finance costs on mortgage

(49,928)

(30,300)

Deferred offering costs

(451,049)

–

Repayment of mortgage

(469,921)

(2,565,470)

Proceeds (Repayment) of shareholder advance

5,652,248

(3,995,358)

Net cash provided by (used in) financing activities

17,535,259

(394,778)

Effect of exchange rate changes on cash

6,522

96,528

Net increase (decrease) in cash

(380,927)

1,080,756

Cash and restricted cash, beginning of the year

1,190,616

109,860

Cash and restricted cash, end of the year

$

809,689

$

1,190,616

SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:

Cash paid for income tax

$

–

$

–

Cash paid for interest

$

906,398

$

117,708

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Source: Visionary Education Technology Holdings Group Inc.

PR Newswire

Gale and the Bodleian Libraries Continue to Support Asia-Pacific Research on Digital Humanities with Second Year of Fellowships

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Fellows to Use the Centre for Digital Scholarship of the Bodleian Libraries to Access Gale Primary Sources and Gale Digital Scholar Lab to Advance Digital Humanities Research in the Asia-Pacific Region

FARMINGTON HILLS, Mich. and OXFORD, England, Aug. 3, 2022 /PRNewswire/ — To increase access to digital humanities (DH) tools and support emerging research and collaboration amongst scholars, Gale, part of Cengage Group, and Bodleian Libraries at the University of Oxford, announce the recipients of the second cohort of the Gale Scholar Asia Pacific, Digital Humanities Oxford Fellowships. Gale will fund the research of two scholars for three months. The fellowship seeks to support the scholars’ research into a DH-related topic at the University of Oxford, using the Centre for Digital Scholarship of the Bodleian Libraries. To help foster emerging scholarship in the Asia-Pacific region, the fellows have access to the Bodleian Libraries’ resources including Gale Primary Sources as well as Gale Digital Scholar Lab which provides fellows with invaluable text and data mining tools to advance their work through DH methods.

Dr. Xiurong Zhao, Renmin University of China, China
Dr. Xiurong Zhao, Renmin University of China, China

Gale and the Bodleian Libraries congratulate the following candidates, who were awarded the fellowships in the second year of the program and highlight the projects they are pursuing:

Dr. Xiurong Zhao, Renmin University of China, China

Project: The Use of GIS to Map Infectious Diseases in Victorian England seeks to find new answers about the causes of infectious diseases and their spread, and the social impacts of these diseases. By using tools from Gale Digital Scholar Lab, the project will utilize new research methods to produce disease maps to support new information and resources that are easily accessible to the public.

Dr. Terhi Nurmikko-Fuller, Australian National University, Australia 

Project: Transnational Liberalism: A Linked Data Case Study of Australian Political History will leverage data sets to answer questions about the political landscape in colonial Australia, the wider Asia-Pacific region, and the British world more generally during the mid- to late-1800’s. The project provides comprehensive insight into the origins of the Liberal party, which has dominated the national government of Australia for 62 years (since WWII) and shaped the Asia-Pacific region for decades.

“I am thrilled to welcome our second group of Gale fellows to the Bodleian Libraries,” said Richard Ovenden, Bodley’s librarian at the University of Oxford. “We have chosen the finest researchers and academics with the intention of advancing their respective fields through access to our rich holdings and the various forms of digital scholarship employed at the Bodleian. The first group of Gale fellows were able to use Bodleian approaches and collections to significantly advance understanding of the humanities in their research areas, and we are so excited to see what we can achieve together this year.”

The goal of the Gale Scholar Asia Pacific, Digital Humanities Oxford Fellowships is to encourage emerging DH scholarship in the Asia-Pacific region and progress the contribution of non-Western and regional perspectives in the field of DH research. The program increases opportunities for collaboration with other scholars to share new ideas, while providing access to critical tools to support their work. Fellows will become short-term visiting fellows at the University’s Jesus College to allow them access to a range of facilities and resources during their stay.

“We are pleased to continue sponsoring fellowships at the Bodleian Libraries this year. We hope the second-year cohort derives as much value from their stay at Oxford as the first-year cohort,” said Terry Robinson, senior vice president for Gale Global Academic. “Having access to University of Oxford’s world-class facilities, resources and people will undoubtedly enrich their understanding and use of digital scholarship in their projects. We also hope that access to Gale Digital Scholar Lab and Gale Primary Sources at the Bodleian will help them push the boundaries of their research and bring it to the attention of a global audience.”

The fellows will start the program at the University of Oxford in October 2022 and complete it in June 2023.

Gale has been at the forefront of supporting digital scholarship for many years. Gale Digital Scholar Lab was created to address common challenges researchers and scholars face when analyzing large sets of archives. In offering fellowships to scholars in multiple disciplines, Gale is increasing access to text and data mining tools and furthering opportunities in both research and teaching. In June, Gale also announced fellowships to support emerging LGBTQ+ research.

For more information on Gale Scholar Asia Pacific, Digital Humanities Oxford Fellowships, visit its webpage.  

About Cengage Group and Gale

Cengage Group, an education technology company serving millions of learners in 165 countries, advances the way students learn through quality, digital experiences. The company currently serves the K-12, higher education, professional, library, English language teaching and workforce training markets worldwide. Gale, part of Cengage Group, provides libraries with original and curated content, as well as the modern research tools and technology that are crucial in connecting libraries to learning, and learners to libraries. For more than 65 years, Gale has partnered with libraries around the world to empower the discovery of knowledge and insights – where, when and how people need it. Gale has 500 employees globally with its main operations in Farmington Hills, Michigan. For more information, please visit www.gale.com.

Follow Gale on:

About the Bodleian Libraries

The Bodleian Libraries at the University of Oxford is the largest university library system in the United Kingdom. It includes the principal University library – the Bodleian Library – which has been a legal deposit library for 400 years; as well as 26 libraries across Oxford including major research libraries and faculty, department and institute libraries. Together, the Libraries hold more than 13 million printed items, over 80,000 e-journals and outstanding special collections including rare books and manuscripts, classical papyri, maps, music, art and printed ephemera. Members of the public can explore the collections via the Bodleian’s online image portal at digital.bodleian.ox.ac.uk or by visiting the exhibition galleries in the Bodleian’s Weston Library. For more information, visit www.bodleian.ox.ac.uk. Follow the Bodleian Libraries on Twitter and Instagram: @bodleianlibs.

Media Contacts:
Kayla Siefker, Gale, part of Cengage Group
248-378-3376
kayla.siefker@cengage.com 

Rachel Smith, The Bodleian Libraries, University of Oxford
+44 7718 118141
communications@bodleian.ox.ac.uk  

Dr. Terhi Nurmikko-Fuller, Australian National University, Australia
Dr. Terhi Nurmikko-Fuller, Australian National University, Australia
PR Newswire

RightPick’s “Pickup Artifact” pioneered JUPAS big data analysis AI to help recommend the DSE candidates for 20 department rankings

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At the same time, the test of Hong Kong’s first subject selection on personality is implemented and being released in July.

HONG KONG, July 30, 2022 /PRNewswire/ — The DSE is about to be released, which means the end of an annual DSE. Since the epidemic, many students have been affected by the epidemic, causing lots of difficulties and pressures in their studies. What they are facing is not only the pressure of the public exams, but also the academic pressure due to the suspension of classes under the epidemic, resulting in the slow progress of teaching. In addition, students are making important decisions about choosing subjects. The founder of RightPick, Mr Wong, felt that due to the impacts of the epidemic, the communication between students and teachers was reduced, and thus, the support of JUPAS for subject selection or other further education’s information to students are lacking. Therefore, he began to work and study with the middle school teachers and human resources consultants on the direction for students to analyse the artificial intelligence system – RightPick for analysing the ways of subject selections. Since its launch, many middle schools and students have chosen– RightPick’s online subject selection resources to help them to rank the JUPAS subjects.

RightPick’s has three professional majors in helping JUPAS selection. First, in July, we developed the first personality analysis for subject selection in Hong Kong, and one-on-one consultation and analysis. Through the RightPick test, students could recognize their own personality traits and abilities, different professional advice are provided to students based on the analysis, and answers the questions from students one-by-one. Second, by using the  artificial intelligence, it could find out the latent characteristics of the department and students and to calculate the level of mutual matching, so as to provide professional recommendation. The calculation method is based on the students’ personality, interests, abilities, and career orientation etc in order to achieve a balance. Hence, to give the most suitable JUPAS subject selection advice. Third, using big data analysis, provide professional opinions and information on 362 JUPAS subjects in 11 universities in Hong Kong, and analyse the 20 JUPAS subjects which are the most suitable for each DSE student.

*”Inadequate Self-knowledge” is the disadvantage of students in their JUPAS course selection*  The RightPick team has conducted more than 5,000 questionnaires, synthesizing the data of graduates from 362 departments, and using big data, algorithms and AI to analyse the most suitable for each DSEers on 20 University JUPAS subjects. By the RightPick test, not only does it help students match the subjects, but more importantly, also solves some common problems which students will be faced with in the subject selection. In order to improve the self-awareness of students, the questions of the RightPick’s test have been carefully designed. Students need to fill in the detailed items of different categories, in the process will stimulate the thoughts on the attributes such as personality, interests, university expectations, and also job expectations.

Besides, many secondary schools should also have some career planning and further education counseling services to help students choosing their JUPAS subjects. However, due to the recent impacts of the epidemic, many lessons have switched to online teaching, making it difficult for the teachers to have contact and connection with the students, causing students could not get sufficient professional opinions. Therefore, one of the selling points of RightPick is that we can provide a series of professional information and assistance for students online without leaving home.

The intelligent subject selection system provides information for further studies, and the preparation for career development. Even though students have clear goals and have already recognized their own characters and abilities, but based on the numerous choices of Jupas subjects, it is difficult for students to search for the information of each subject one by one. Therefore, there is a high chance of randomly choosing subjects, as well as choosing the wrong subjects. To make up for these deficiencies and help students master their ability to pursue further studies in education and their subject interests as early as possible, RightPick has established a subject selection system covering the characteristics of 362 JUPAS subjects among 11 universities in Hong Kong. Furthermore, using artificial intelligence to find out how well the relevant subjects and students are matched, and rank the 20 subjects which are the most suitable for students. The advice provided by RightPick not only matches the personalities and abilities of the students, but also on the directions and future of the career. During the consultation, get to know the attitudes of students, match their interests, values, and salary requirements of various careers, so as to predict the choices to articulate to the career in an easy way.

Using Big Data to help students pursue their dreams, RightPick collects those big data from multiple universities and faculties, and obtains various professional opinions and information from college students through questionnaires, resulting in one million data points. Therefore, besides helping students to choose the most suitable JUPAS subjects, RightPick can also help those who want to obtain comprehensive information about the university, such as the environment of the college, assignments requirements, study format, future job opportunities, etc.

RightPick utmost understands that most of the students are only needed to get some professional opinions and information to set their own goals and dreams. We believe that if you get to know your character as early as you can, you will be able to go to school more smoothly in the future and be able to achieve your goals successfully.

Except from providing the above professional information, RightPick also understands what nowadays students are confronting. Not only are students under heavy academic pressure, but also feel anxious because of the expectations of their families and teachers, and want to strive for the best. Therefore, having doubts and worries on the subject selection, and hope to choose the most suitable subject for itself. In this sense, RightPick’s service not only helps students with the problems on the course selection, but also listens to the ideas or thoughts through one-on-one consultation and counseling.

RightPick hopes that we can comprehensively take care of the emotional needs of students and the studies. Hoping, students can enjoy a fruitful and cheerful school life, but at the same time, can achieve their goals of further education.

URL: https://rightpickhk.com

FB: https://www.facebook.com/rightpickhk

IG: https://instagram.com/rightpickhk

Youtube video introduction: https://www.youtube.com/watch?v=_KL-qYLcWOc

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University of Technology Sydney and Microsoft collaborate to build workforce of the future

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SYDNEY, Aug. 2, 2022 /PRNewswire/ — UTS and Microsoft have created a graduate certificate that addresses a massive technology skills shortage in the labour market.

Microsoft Director of Education, Australia, Tiffany Wright and UTS Deputy Vice-Chancellor (Innovation and Enterprise) Glenn Wightwick. Image supplied by Microsoft.
Microsoft Director of Education, Australia, Tiffany Wright and UTS Deputy Vice-Chancellor (Innovation and Enterprise) Glenn Wightwick. Image supplied by Microsoft.

Microsoft and the University of Technology Sydney (UTS) have announced a new course that provides students with the skills to succeed in functional consulting.

The Graduate Certificate in Business Consulting and Technology Implementation has been co-designed by Microsoft and UTS in collaboration with leading services firms Avanade, Capgemini, and EY. The course melds technology skills with human-centric skills – like creative thinking, adaptability and emotional intelligence – to fill a growing gap in the market for business and technology consultants.

Through the graduate certificate, UTS aims to produce 1,200 graduates who can deliver solutions with Microsoft Dynamics and other platforms. The course will be delivered online and take eight to ten months to complete on a part-time basis, enabling learners to work while they study.

The first global cohort of lifelong learners will begin their studies in October 2022.

Based on forecasts by International Data Corporation, spending on customer relationship management and low-code solutions is expected to grow approximately 20% year-on-year until 2024. However, businesses may face a lack of talent – to meet demand, an estimated 286,000 additional skilled technology workers are needed over the next two years, according to the Tech Council of Australia.

Tiffany Wright, Director for Education at Microsoft Australia and New Zealand: “Organisations…are looking to grasp the huge opportunity offered by business applications, but a lack of skilled workers puts this at risk. The Graduate Certificate helps provide students with real-world skills and experience that they can put to use straight away.”

Glenn Wightwick, Deputy Vice-Chancellor of Enterprise at UTS: “The Graduate Certificate… brings together the expertise of our world-class educators at UTS in the Faculty of Arts and Social Sciences and UTS Business School, the advanced technologies of Microsoft and the valuable real-world experiences of EY, Capgemini, and Avanade. We at UTS are proud to launch this course, and excited to welcome the first cohort of students in October.”

The University of Technology (UTS) is ranked in Australia for AI Research, Computer Science and Engineering. Discover more at Virtual Open Day http://www.uts.edu.au/virtualopenday.

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Don’t Miss GIGABYTE’s ‘Back To School’ Deals on Laptops

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TAIPEI, July 22, 2022 /PRNewswire/ — GIGABYTE, the industry-leading brand in PC components and laptops with a gaming concentration, announces fetching deals on its laptop family to celebrate the ‘Back To School’ season. Acknowledging a lightweight, portable powerhouse is doubtlessly the best companion to students on their educational journey; GIGABYTE offers discounts up to 31% on the brand’s gaming line-up as well as the content creation-focused model. Wherever the classroom is, GIGABYTE will be along. The models that will be involved in the promotion below:

GIGABYTE Announces ‘Back To School’ Deals on Laptops
GIGABYTE Announces ‘Back To School’ Deals on Laptops

For students who have strong creative pursuits but also prioritize portability and an uncompromised experience in video or 3D rendering, the AERO 15 and AERO 16 laptops are deals that cannot be missed. These award-winning models are equipped with a stunning 4K OLED panel, Intel 12th Gen H-series processor, and RTX 30 series are designed to make learning and working as smooth as possible.

Born for hardcore gamers that prefer mobility and versatility, the world’s first four-sided super-thin bezel gaming laptops, AORUS 15 and 17, are Intel 12th Gen and RTX 30 series-ready, with a 360Hz Gaming display, with the goal to build the ultimate gear for the quintessential gamers. 

For consumers that seek a balance of gaming, entertainment, and work capabilities, the GIGABYTE G5, powered by Intel 11th Gen processor and RTX 3050, is now on Bestbuy.

For more details on these great ‘Back To School’ deals, visit GIGABYTE’s BTS page: https://www.gigabyte.com/us/back-to-school.

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Virtual Intensive Study in China Trigger Exchange between China and UK Youth

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CHENGDU, China, July 22, 2022 /PRNewswire/ — When the two-week Mandarin Excellence Programme (MEP) virtual study trip to China pulled the curtain down on July 15, more than 1,500 secondary school students from 64 schools across England had completed the online summer camp of learning Chinese and Chinese cultural under four themes of panda zoo, sport and modern life, Chinese campus, history and cultural heritage.

Supported by Chinese peers, UK students had immersed themselves in Chinese through live classes, video tours, folk experiences, concerts, family visits and other interactive activities which were designed by 16 host institutions from 11 Chinese mainland cities. As the host institute in Chengdu, capital city of China’s southwest Sichuan Province, teachers from the Department of International Chinese Education, Southwest Jiaotong University designed the panda themed part of the immersed activities of the intensive study and leaded them to a journey with giant pandas.

The camp started from a virtual tour in a panda zoo in Chengdu, the hometown of pandas. British students asked panda experts various questions in this tour, made paper panda dolls and created stories by what they made followed the tour.

During this two-week online summer camp, British students also visited Tianfu Greenway, the longest city greenway, the Sanxingdui Museum which is about ancient Shu Dynasty dating back 3,000 years and Daoming Bamboo Art Village, a bamboo woven intangible cultural heritage spot. “Pretty”, “cool” and “colorful” were top three words on their minds about Chengdu, of course, after the word “xiongmao” (panda).

With scenery and heritages of the city lingering on their minds, British and Chinese students designed electronic posters about the Greenway, painted masks from Sanxingdui Museum together. More admirably, students learned to weave bamboo crafts after a skillful inheritors of Sichuan Intangible Cultural Heritage. Also in the live room, several student representatives from schools in Chengdu shared their school life with British peers and guided a visit to the family of one Chinese student.

“The MEP virtual China trip was a once-in-a-lifetime opportunity that allowed me and my classmates to communicate with other students our age while learning mandarin! My favourite thing was when we made stop motion stories about pandas we had crafted from paper! Although it was very different from going to china in real life, it was still incredibly enjoyable,” said Francesca Walton, a ninth grade British student.

Highlighting the importance of the programme to the UK, British Council Director China Matt Burney said: “I’m delighted to see that through our Mandarin Excellence Programme, we are connecting the young generation of people in the UK and China through language learning. Mandarin Chinese is the most widely spoken first language in the world. I look forward to seeing more UK pupils acquire the skill of Mandarin language and work together with their Chinese peers to deepen the trust and understanding of our two countries.”

Funded by the Department for Education (England) and delivered by University College London (UCL) Institute of Education in partnership with the British Council, the MEP is a unique intensive language programme that started in 2016. There are now around 8,000 pupils enrolled on the programme in 75 schools in England. This virtual visit to China, as the important part of MEP programme, offers students a real-life focus on learning Mandarin Chinese and aims to foster cultural understanding and mutual appreciation.

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EdTech Unicorn EEO Joins Hands with Peking University — Redesigning learning experiences for the new digital-forward model of education

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BEIJING, July 8, 2022 /PRNewswire/ — In July, 2022, with the support of EEO’s hybrid technologies, Peking University successfully concluded the first academic year of its Global Open Courses Program in partnership with a list of distinguished institutions, including Tokyo University, Nanyang Technology University, Moscow State University, Waseda University, University of Granada, Osaka University, Ritsumeikan University, Chulalongkorn University, Cornell University, and Cairo University.

EEO was founded in 2014 with the purpose of building an inclusive and student-centered learning ecosystem through the power of technology. Since 2019, EEO and Peking University joined hands to collaborate on digitizing physical learning environments, constructing specialized archeology classrooms, and adopting hybrid learning methods. It is a nonstop journey for EEO and Peking University to explore how to better motivate students and support educators in experimental teaching strategies. The project of Global Open Courses Program focuses on how hybrid learning gives rise to an enriched learning experience and expands learning communities. 


Hybrid learning, a method that incorporates hybrid technologies and open educational practices, has witnessed increasing adoption in K12 and higher ed institutions globally. Teaching Economics as part of the Global Open Courses Program, Professor Huang Yiping successfully engaged students in the classroom and those joining virtually with group discussions and activities.

“Our professor came up with eight topics for discussion, encouraging us to form groups with students overseas. And we have been keeping in close touch with students online as well,” Li Yipin, a student in Professor Huang’s class, reported.

For many, the program’s hybrid courses placed vast learning resources within reach. With abundant course offerings, students had extensive opportunities to explore emerging topics with a cohort coming from diverse background.

The platform of choice, ClassIn, is an all-in-one solution for online and hybrid learning with interactive virtual classrooms, a school management backend system, student learning reports, and more. Currently under internal testing, the product will support more innovative teaching methods by transforming into an LMS, a platform that caters to each step of the learning process in addition to the already powerful synchronous in-class interaction.

It is evident that EEO’s product family is designed with the consideration of scientific methods, masterful teaching, and lifelong learning. ClassIn, one of the first online classrooms in the world, was released in 2015. Building on feedback from educators and in-depth research, EEO released ClassIn X, a new hybrid solution for the new era. The company is also in the process of developing TeacherIn, a curriculum co-construction platform. It helps teachers find like-minded partners, with whom they can design and share lessons.

As of now, EEO has partnered with more than 60,000 institutions around the globe and expressed great passion to collaborate with international educators and institutions, sparking the creativity of teachers and creating innovative learning experiences for students.

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