- Business
- Neutech Group Limited (9616.HK), an investment holding company formerly known as Neusoft Education Technology Co. Limited until its name change in January 2025, provides digital talent education services, healthcare and wellness offerings, and related industrial solutions primarily in the People's Republic of China. Founded in 2000 and headquartered at No. 8, Software Park Road, Ganjingzi District, Dalian, Liaoning Province, the company operates through two main segments: education services, encompassing full-time formal higher education via three IT application-oriented universities in Dalian, Chengdu and Foshan with nearly 58,000 students and over 162,000 alumni; educational resources including a 4S product-service system (CaaS-Content as a Service, SaaS-Software as a Service, PaaS-Platform as a Service, DaaS-Data as a Service) in IT, digital media and healthcare delivered to over 700 colleges via smart platforms, teaching content, training labs and digital workshops; continuing education such as academic qualifications, self-study exams, IT skills training, employment services and online platforms like Neuedu Smart Education reaching over 2 million users; and healthcare and wellness services featuring elderly education under the Neuedu Phoenix College brand with LIFECARES model integrating learning, entertainment, nursing and medicine, elderly care technology from Japan, medical rehabilitation via Ruikang hospitals and nursing homes, wellness tourism, and an intelligent elderly care platform, complemented by publishing, software development, property management, training, hotel services and medical devices. The company targets universities, vocational schools, enterprises, governments and elderly individuals, with operations spanning 26 provinces through industry-academy partnerships with over 60 colleges benefiting 23,000 students annually and a focus on "IT + digital media + healthcare" sectors via TOPCARES talent model and SOVO entrepreneurship system. Recent developments include the strategic acquisition of Neutech Healthcare Medical and subsidiaries in 2024 to bolster healthcare wellness; launch of Neuedu Phoenix College and elderly education/mind tour services; completion of the name change from Neusoft Education Technology Co. Limited effective December 2024; and on May 20, 2025, a wholly-owned subsidiary's purchase of partial equity in Xikang Wellness & Resorts to integrate wellness tourism resources, advance the "education-healthcare-wellness and mind tour" ecosystem, support elderly education and expand university practical platforms.