Innovation and enterprising, setting sail for dreams | Neusoft Education Technology Co.Ltd successfully listed on the Main Board of HKEX

News|2020-09-30 14:05

On September 29th, Neusoft Education Technology Co.Ltd (Neuedu) was successfully listed and commenced dealings on the Main Board of The Stock Exchange of Hong Kong Limited (“HKEX”)(stock code 9616.HK), becoming “the first private IT higher education share” in HKEX.

Member of Standing Committee of Municipal Committee of Dalian, Secretary of the Party Working Committee of High-tech Zone, Director of Administrative Committee Zeng Bo, Deputy Mayor Jin Guowei, Deputy Director of the Education Department of Liaoning Province Hua Lei, president of Northeastern University Zhao Ji, former secretary of Party Committee of Dalian University of Technology (DUT), former president of Northeastern University Zhaoji, former vice-president of Northeastern University Wang Wanshan, Neusoft Group Chairperson and CEO, Neusoft Education Technology Co.Ltd Chairperson Liu Jiren, Neusoft Education Technology Co.Ltd executive Wen Tao, and government representatives, college and university representatives, company representatives, financial institution representatives, sponsor representatives, agency representatives, media representatives, shareholder representatives, investor representatives, the board of the company, management team, staff representatives, celebrating and sharing the glory moment together with the company.

At 9:25 a.m., Member of Standing Committee of Municipal Committee of Dalian, Secretary of the Party Working Committee of High-tech Zone, Director of Administrative Committee Zeng Bo announced the online listing ceremony began on time, and official connected with HKEX on cloud platform.

 
Member of Standing Committee of Municipal Committee of Dalian, Secretary of the Party Working Committee of High-tech Zone, Director of Administrative Committee Zeng Bo announced the beginning of online listing ceremony

At 9.30 a.m., Chairperson Liu Jiren, Executive Wen Tao, accompanied by shareholders, company’s directors, listing project core members, held the held the stick and strike the gong together. Along with sound of the gong, Neuedu officially embarked on a new development journey. Since then, 9616.HK (stock code) has become the exclusive symbol of Neusoft Education Technology Co.Ltd. Neuedu, born on June 16, 2000, was successfully listed on the main board of the HKEX on September 29, 2020, representing that Neuedu would run smoothly and permanently since its first day of life (number 9 means long lasting in Chinese). At the ceremony, sponsor representatives and shareholder representatives congratulated Neuedu on its successful listing on HKEX.

 

Yu Yang, CEO of CITIC Securities Global IBD, delivered a speech on behalf of the sponsor. He expressed that, as the most solid cooperate partner of Neuedu, CITIC has gone through two years journey together with Neuedu. Finally, we over-subscribed 300 times for Hong Kong offerings, and 18 times for global offerings. The top pricing outcome is a perfect performance, making Neuedu this year’s highest valuation multiples star shock in education industry. In the future, CITIC will serve as Neuedu’s House Bank, put on the new armor and fighting for a magnificent future together with Neuedu.

 
CEO of CITIC Securities Global IBD, Mr. Yu Yang, delivered a speech on behalf of sponsors

Mr. Jia Jinliang, partner of Beijing JIHE Investment Management Co. Ltd., delivered a speech on behalf of shareholders. He congratulated Neuedu’s successful listing on HKEX and indicated that the investment in Neuedu is the most important strategic layout for company’s investment in higher education sector. He also expressed gratitude to Chairperson Liu Jiren and the Neuedu colleague’s approval of JIHE Investment. In the future, JIHE Investment will further take its industrial capital advantage, and contribute to the sustainable development of Neuwedu after its listing.


Partner of Beijing JIHE Investment Management Co. Ltd., Jia Jinliang, delivered a speech on behalf of shareholders

In Chairman Liu Jinren’s on-site speech, he expressed sincere gratitude to leaders at of all levels, shareholders, investors, people from Dalian government, Northeastern University, cooperation partners, agency, Neuedu educators, and all other sectors who have given support and assistance. He indicated that the successful listing of Neuedu, not only started a new journey, but also gave us greater social responsibility and duty. Looking into the future, we will grasp new opportunities given to us by the new era and new economy, taking listing as a chance, using power of the capital market, further improve the quality of school running, develop high-quality education, and making our three universities better. Not only use our education and technology to empower students, but also turn our accumulated experience in running schools and innovative methods into more knowledge assets, which will benefit more cooperation partners. Today is our brand new beginning, neither will we forget our original aspiration or education responsibility, nor failing to meet expectations from the society. We hope that we will bring surprising reward to the public every year with our unremitting efforts.


 Neusoft Group Chairperson and CEO, Neusoft Education Technology Co.Ltd Chairperson Liu Jiren delivered a speech

Deputy Mayor Jin Guowei, on behalf of the Dalian Municipal Government expressed sincere congratulations on Neuedu’s successful listing on the HKEX. He indicated that the successful listing of Neuedu today is gratifying, and it is also the first achievement of  recent year’s corporate listing cultivation project. In last over 20 years, Neusoft has been accompanied with Dalian, and has always played a leading role in looking for new industry and achieving new growth. In the future, as the talent training scale of IT+ health and medical technology will continue to expand, Neuedu will undoubtedly have greater competitive advantages. We believe that Neuedu will continue to receive favors from the capital market and broad investors after its listing. Accordingly, Neuedu will win more better developing opportunities, and become the leader in China’s talent education market.


Deputy Mayor Jin Guowei delivered a speech

This is a milestone of insisting on serving regional economic and social development as own responsibility, and it is also a paradigm of developing and growing together with Dalian software industry over years. In last 20 years, it’s Neusoft’s remaining true to original aspiration and taking responsibility of cultivating talents for Dalian software industry has been an indivisible component of Dalian “National Software Industry Base”“National Outsourcing Demonstration City”developing process. He hope that Neuedu will take this listing success as a new start of future development, taking active advantage of market resources, continue to innovate and develop with the courage of being a pioneer, and strive to reward the society and investors with better results.

Twenty years ago, Neusoft emerged from Northeastern University, as China's largest IT solutions and service provider, remaining true to original aspiration, contributing and giving back to education, successively established three IT application-oriented universities in Dalian, Foshan and Chengdu. On this basis, we integrated online and offline models, vigorously developed our two major businesses: continuing education services, education resources and apprenticeship programme, supplied our high quality education resources to over 400 universities, colleges and vocational schools in China for reform and development, 
set up subsidiaries in Shenyang, Dalian, Shanghai, Tianjin, Suzhou, Chengdu, Guangzhou and other places, established 10 apprenticeship programme delivery center in eight provinces across the country, and has become a leading IT value-added education service provider in China.

Relying on innate sense of industry and consciousness of innovation, adhering to the mission of empowering students with innovative education, insisting on developing and pioneering new education approach, cultivation mode and operating model. In the last two decades, Neusoft has delivered a large number of high-quality application-oriented IT talents to the society, becoming a driving force for local IT industry development. Taking serving social development as our mission, promoting the integration of education and regional economy, industry and information technology, Neuedu has built a business development pattern of “ a main body and two wings (full-time higher education services as main bogy, continuing education services, education resources and apprenticeship programme as two wings)”, integrating school running with economic and social development, providing high-quality education products and services to individuals, governments and companies. Moving from “school running” to “education operating”, pursuing self innovation, unceasing improvement, incessant breakthroughs, breaking traditional education pattern, implementing teaching reform, Neuedu has always taken the lead in innovative education.

Today, September 29, 2020, after 20 years of leap development, Neuedu has become the 20th higher education group which successfully listed on the Main Board of HKEX, staring its new development journey. Facing the brand-new future, Neuedu will stick to its innovative and progressive concept, continue to create a share total win educational ecology, deliver ongoing value to social organizations and individual learners. Taking dreams as shore, striving as oar, Neuedu strive to become a leading provider of digital talent education services, fighting all the way, setting sail for dreams.

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