Visionary Aggressively Expands Its High - Tech Landscape, Empowering New Momentum for Market Value Growth
Rhea-AI Summary
Visionary Holdings (NASDAQ: GV) has announced significant strategic expansion in the new-energy vehicle industry through a partnership with Pegasus International Holding The company plans to list its new-energy vehicle project on the NASDAQ Main Board within 6-12 months, with a subsequent plan to list Pegasus International on the Hong Kong Stock Exchange in 3-5 years.
Pegasus International has placed an order for 12,000 new-energy vehicles (Hong Kong taxi version) at HK$145,800 per unit. The company is expanding into Hong Kong and Southeast Asian markets, focusing on new-energy light-truck market and battery-swapping/charging services. This expansion leverages regional government incentives and growing market demand for electric vehicles.
The company has transformed from traditional education and real estate to establish a diversified multinational framework incorporating four core businesses: technology, education, finance, and real estate.
Positive
- Secured major order for 12,000 new-energy vehicles at HK$145,800 per unit
- Planned NASDAQ listing of new-energy vehicle project within 6-12 months
- Strategic expansion into high-growth Hong Kong and Southeast Asian EV markets
- Diversification from traditional business into four core segments
Negative
- Significant transition costs and risks associated with business transformation
- High dependence on single large order from Pegasus International
- Extended timeline (3-5 years) for Pegasus International's Hong Kong listing
News Market Reaction 1 Alert
On the day this news was published, GV gained 4.11%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Recently, Visionary has reached a strategically - significant cooperation agreement in the new - energy vehicle industry with Pegasus International Holding Limited and So, Sumi Susanna. This cooperation is highly consistent with the current development trend of the new - energy industry, sending positive signals from multiple dimensions and injecting strong impetus into boosting investors' confidence and strengthening market - value management.
Capital Operation and Listing Plan: Targeting Value Growth
In terms of capital operation, Pegasus International Holding Limited will be incorporated into Visionary's new - energy vehicle industry project. The two parties plan to facilitate the successful listing of the project on the NASDAQ Main Board in
Large - Scale Orders and Product Strength: Bolstering Performance Support
Pegasus International has placed an order with Visionary for the purchase of 12,000 new - energy vehicles (
Diversified Market Expansion: Unveiling a New Chapter of Growth
The
Visionary, together with its partners, is jointly developing the new - energy light - truck market in
This cooperation represents a major strategic breakthrough for Visionary in the new - energy vehicle field. From capital operation, product - market performance to business expansion, it comprehensively showcases the company's strong strength and forward - looking strategic vision. It is believed that through the joint efforts of both parties, Visionary will progress steadily in the new - energy vehicle market, continuously create substantial value for investors, and achieve a two - way increase in the company's market value and investors' confidence.
For more information, please contact:
Visionary Holdings Inc.
Investor Relations Department
Email: ir@farvision.ca
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SOURCE Visionary Holdings Inc.
