{*}
Add news
March 2010 April 2010 May 2010 June 2010 July 2010
August 2010
September 2010 October 2010 November 2010 December 2010 January 2011 February 2011 March 2011 April 2011 May 2011 June 2011 July 2011 August 2011 September 2011 October 2011 November 2011 December 2011 January 2012 February 2012 March 2012 April 2012 May 2012 June 2012 July 2012 August 2012 September 2012 October 2012 November 2012 December 2012 January 2013 February 2013 March 2013 April 2013 May 2013 June 2013 July 2013 August 2013 September 2013 October 2013 November 2013 December 2013 January 2014 February 2014 March 2014 April 2014 May 2014 June 2014 July 2014 August 2014 September 2014 October 2014 November 2014 December 2014 January 2015 February 2015 March 2015 April 2015 May 2015 June 2015 July 2015 August 2015 September 2015 October 2015 November 2015 December 2015 January 2016 February 2016 March 2016 April 2016 May 2016 June 2016 July 2016 August 2016 September 2016 October 2016 November 2016 December 2016 January 2017 February 2017 March 2017 April 2017 May 2017 June 2017 July 2017 August 2017 September 2017 October 2017 November 2017 December 2017 January 2018 February 2018 March 2018 April 2018 May 2018 June 2018 July 2018 August 2018 September 2018 October 2018 November 2018 December 2018 January 2019 February 2019 March 2019 April 2019 May 2019 June 2019 July 2019 August 2019 September 2019 October 2019 November 2019 December 2019 January 2020 February 2020 March 2020 April 2020 May 2020 June 2020 July 2020 August 2020 September 2020 October 2020 November 2020 December 2020 January 2021 February 2021 March 2021 April 2021 May 2021 June 2021 July 2021 August 2021 September 2021 October 2021 November 2021 December 2021 January 2022 February 2022 March 2022 April 2022 May 2022 June 2022 July 2022 August 2022 September 2022 October 2022 November 2022 December 2022 January 2023 February 2023 March 2023 April 2023 May 2023 June 2023 July 2023 August 2023 September 2023 October 2023 November 2023 December 2023 January 2024 February 2024 March 2024 April 2024 May 2024 June 2024 July 2024 August 2024 September 2024 October 2024 November 2024 December 2024 January 2025 February 2025 March 2025 April 2025 May 2025 June 2025 July 2025 August 2025 September 2025 October 2025 November 2025 December 2025 January 2026 February 2026 March 2026 April 2026
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
News Every Day |

Visionary Holdings Signs Cooperation Agreement with Strategic Investment Partner for Proposed US$20 Million Investment in Qingdao Anti-Aging Project

Qingdao anti-aging project advances toward staged execution

TORONTO, March 31, 2026 (GLOBE NEWSWIRE) — Visionary Holdings Inc. (NASDAQ: GV) (“Visionary” or the “Company”) today announced that it has entered into an Investment Cooperation Agreement with Qingdao Xihai Rongke Enterprise Operation Management Co., Ltd. in connection with a proposed US$20 million strategic investment for the Company’s Qingdao anti-aging project in Qingdao West Coast New Area, China.

Under the agreement, the parties plan to establish a project company to serve as the operating entity for the collaboration. The project company is expected to establish the “GV China Anti-Aging Research Center” in Qingdao West Coast New Area, with an initial focus on research and translational development in areas including cell therapy and biologics. In parallel, the project company is also expected to begin building out a “GV Anti-Aging Health Management Center” chain model in China, initially with a focus on the Shandong market and with the goal of introducing internationally aligned products and service standards.

According to the cooperation framework, the investor intends to make a total investment of no less than US$20 million into the project company in two phases. The initial phase is structured around three milestone-based payments: 30% upon establishment of the project company and opening of its capital account, 40% upon completion of renovation of the research center and installation of equipment, and the final 30% after the first flagship center opens and generates its first month of operating data. A second-phase investment of US$10 million is contemplated subject to the Company’s subsequent development progress.

In addition to the proposed investment, the agreement provides for a range of implementation-related support measures, including coordination of local resources in Qingdao West Coast New Area, provision of preferential office and R&D space, talent housing support, assistance with business registration, foreign investment filings, environmental review, and healthcare-related qualification approvals, as well as joint development of a Sino-U.S. international life sciences incubator intended to attract upstream and downstream participants.

The agreement also outlines an initial investment framework for valuation and ownership. Based on the parties’ preliminary understanding, the project company’s pre-investment valuation is expected to be determined with reference to the value of the Company’s contributed intellectual property and cash capital, and, following the initial US$10 million phase of investment, the investor’s equity interest is currently contemplated on a preliminary basis, with final ownership percentages to be determined in definitive transaction documents following appraisal and due diligence.

The project company is also expected to operate with exclusive and lawful technology authorization, with core management and technical personnel to be designated to support ongoing operations. The agreement also references operating and development targets, including the goal of achieving profitability for the first anti-aging center within one year following completion of the investment and the pursuit of a leading market position within two years.

Xiyong Hou, Chief Executive Officer of Visionary, stated:

“We believe this agreement provides a defined framework for the proposed project, including a contemplated project vehicle, a phased funding structure, implementation milestones, regional support measures, and a basis for subsequent definitive documentation. We intend to continue advancing the formal investment agreement and shareholder agreement and move the project toward operational implementation as efficiently as possible. The timing of any initial financing remains subject to the execution of definitive agreements and the satisfaction of customary closing conditions.”

The Company further noted that progress under the proposed cooperation will depend on subsequent definitive agreements, establishment of the project company, capital arrangements, and implementation milestones. Subject to applicable law and disclosure requirements, the Company intends to provide further updates regarding definitive agreements, establishment of the project company, first-phase capital arrangements, construction of the research center, and launch of the first operating site as and when material developments occur.

About Visionary Holdings Inc.
Visionary Holdings Inc. (Nasdaq: GV) is a technology-driven multinational enterprise focused on AI applications, and high-tech healthcare solutions. Headquartered in Toronto, Canada, the Company operates through its subsidiaries across North America and Asia, driving technological advancement, cross-border innovation, and global health transformation.

Cautionary Note Regarding Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934 and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will”, “expects”, “anticipates”, “future”, “intends”, “plans”, “believes”, “estimates”, “target”, “going forward”, “outlook”, “objective” and similar terms. Such statements are based upon management’s current expectations and current market and operating conditions, and relate to events that involve known or unknown risks, uncertainties and other factors, all of which are difficult to predict and which are beyond GV’s control, which may cause GV’s actual results, performance or achievements (including the RMB/USD value of its anticipated benefit to GV as described herein) to differ materially and in an adverse manner from anticipated results contained or implied in the forward-looking statements. Further information regarding these and other risks, uncertainties or factors is included in GV’s filings with the U.S. Securities and Exchange Commission, which are available at www.sec.gov. GV does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under law.

Contacts:

Visionary Holdings Inc.
Investor Relations
Email: IR@visionary.holdings



The post Visionary Holdings Signs Cooperation Agreement with Strategic Investment Partner for Proposed US$20 Million Investment in Qingdao Anti-Aging Project appeared first on Montreal Gazette.

Ria.city






Read also

Electricity prices to fall by 5%

Federal judge temporarily blocks construction of Trump's White House ballroom

Joseph Duggar's New Mugshot Released, Enters 'Not Guilty Plea' Plea

News, articles, comments, with a minute-by-minute update, now on Today24.pro

Today24.pro — latest news 24/7. You can add your news instantly now — here




Sports today


Новости тенниса


Спорт в России и мире


All sports news today





Sports in Russia today


Новости России


Russian.city



Губернаторы России









Путин в России и мире







Персональные новости
Russian.city





Friends of Today24

Музыкальные новости

Персональные новости