TORONTO, May 30, 2024 /PRNewswire/ -- Visionary Holdings Inc. (the "Company") (NASDAQ: GV), a private education provider with technology of artificial intelligence and life science on the cutting edge, with subsidiaries in Canada and market partners in China, today announced the Company will collaborate with AI experts and academicians from China and Canada, aiming to become a global leader in AI education, popular science, and technological innovation. Visionary Guli Global AI Industrial Complex will be established at Visionary Tower, No. 95 Moatfield Dr, Toronto, Ontario, Canada, M3B 0A2.

Visionary has acquired Shenzhen Guoli Intelligent Technology Group, a global leader in STEM-AI youth education solutions. Guoli Intelligent Technology Group holds nearly a hundred independent patents and offers over a hundred products, which are sold in more than 30 countries worldwide. This acquisition positions Visionary as the largest provider of artificial intelligence education services in Canada.

Shenzhen Guoli Intelligent Technology Group focusing on artificial intelligence and robotics technology, with customers in more than thirty countries and regions around the world, they own two national high-tech enterprises and a provincial-level specialized and innovative enterprise. We are an industry-leading AI-powered soft robotics company, with businesses covering AI education, AI popular science, and embodied intelligent robots.

Guli Intelligence was founded by several high-level overseas talents, including experts from the United States, Canada, France, and the Hong Kong region of China. We have a strong international technical team, possessing nearly a hundred domestic and international intellectual property rights in core technologies such as artificial intelligence, soft robotics, computer vision, and motion control. We have established substantial industry-university-research cooperation relationships with renowned experts and professors from several universities in Canada and China.

As the pioneer and leader in the integrated concept of AI education, popular science, and technological innovation, we provide comprehensive AI education solutions. These solutions include AI robots, AIOT scenario sandboxes, experiential programming training and digital course platforms, AI large model interactive platforms, as well as various software and hardware teaching tools. Additionally, we offer a comprehensive system of courses, competitions, and teacher training. Our solutions are highly practical and effective, integrating extensive knowledge in education, artificial intelligence, and robotics, while also understanding the personalized needs of schools. We possess strong capabilities in technology research and development, teacher services, curriculum development, and competition/evaluation operations.

We have established and actively participated in multiple popular science research bases, with extensive experience in design, construction, and operation. In the consumer-grade robot market, both domestically and internationally, we possess deep insights and channel resources.

About Visionary Holdings Inc.

Visionary Holdings Inc. headquartered in Toronto, Canada, is a private education provider located in Canada, with subsidiaries in Canada and market partners in China, 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 Holdings Inc.
Investor Relations Department
Email: ir@farvision.ca

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SOURCE Visionary Holdings Inc.

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