Neutech Pushes Tech Ecosystem Amid Mixed 2025 Financial Results

HONG KONG and DALIAN, China – March 27, 2026 – Neutech Group (Stock Code: 9616.HK) today announced its 2025 annual results, highlighting significant progress in its strategy to build an integrated ecosystem spanning education, healthcare, and wellness. While the company celebrated record student enrollment and a rapid expansion into China's burgeoning elderly care market, the financial figures present a more nuanced narrative.

The Group reported total revenue of approximately RMB2.039 billion, a slight 1.5% decrease from the previous year. More notably, its adjusted net profit stood at RMB407 million, marking a 12.6% decline from 2024. Despite the dip in profitability, Neutech affirmed its commitment to shareholder value, proposing a final dividend of HK28.0 cents per share, which represents a 40% payout ratio of the adjusted net profit. This move signals confidence in its long-term vision, even as it navigates short-term financial headwinds.

The results underscore a pivotal moment for the company, which is heavily investing in technology and new market segments to address some of China's most pressing demographic and economic shifts.

Education Arm Strengthened by Technology and Prestige

Neutech's foundational education business demonstrated continued strength and appeal in 2025. Total student enrollment across its three IT-focused undergraduate universities in Dalian, Chengdu, and Guangdong surpassed 59,000, a 1.6% increase over the prior year and an all-time high. This growth is bolstered by strong demand, with the universities reporting highly competitive admission scores. For the 2025/2026 academic year, the top admission score for the physics track at its Chengdu campus exceeded the provincial control line by a remarkable 100 points.

The Group’s institutions also collected numerous accolades, solidifying their brand reputation. Dalian University was ranked first among all private universities nationwide in the 2024 'Chuang Index' for innovation and entrepreneurship education. It also led private universities in the number of approved national first-class undergraduate major construction sites, according to the China Private Education Association.

Behind these achievements is a deliberate strategy of embedding cutting-edge technology into the educational fabric. The company has focused on the application of AI, big data, and the metaverse. Its upgraded Smart Education Platform 3.0 aims for a "deep integration of AI into the entire teaching process," creating a controlled AI system for teaching, learning, and management. Simultaneously, the Neuedu Metaverse Creative Creation and Sharing Platform (OpenNEU) is being deployed to offer more personalized and efficient learning experiences. This 'AI + Education' approach appears central to Neutech's plan to maintain its competitive edge in a crowded higher education market.

A Strategic Foray into the Silver Economy

Perhaps the most ambitious component of Neutech's strategy is its comprehensive expansion into services for China's aging population. Recognizing the profound opportunities within the nation's 'silver economy,' the Group has aggressively rolled out technology-driven solutions for elderly care.

In 2025, the company's "citywide smart elderly care platform" expanded its footprint to over 20 cities, creating a digital backbone connecting government services with institutions, communities, and individual families. As of year-end, the platform was serving over 50,000 users and had aggregated more than 1,750 service providers, offering a vast online catalog of elderly-friendly products and services. This positions Neutech as a key player in building the digital infrastructure for modern elder care, a sector strongly supported by government policy.

Neutech's approach is multi-faceted, extending beyond digital platforms. Its Neucare Phoenix Academy for elderly learners, which emphasizes leisure, wellness, and social engagement, saw over 2,000 paid enrollments in its offline courses. Meanwhile, its affiliated Wecare Family Nursing Home earned the title of a "Liaoning Province Five-Star Elderly Care Institution" and maintained a high occupancy rate of 93%, primarily serving elders with significant care needs. The facility also functions as a showcase for Neutech's integrated medical and wellness SAAS system, demonstrating the practical application of its technology in a real-world care setting.

Global Ambitions Aligned with National Strategy

Beyond its domestic focus, Neutech is actively cultivating an international presence that aligns with China's broader geopolitical goals. In 2025, it became the first Chinese enterprise to join WorldSkills International as a Global Premium Partner, a move that places it at the forefront of global discussions on digital and vocational talent cultivation.

Furthermore, the Group signed a cooperation agreement with the Luban Workshop in Egypt. The Luban Workshop program is a cornerstone of China's Belt and Road Initiative (BRI), designed to export vocational training and technical standards to partner nations. By participating in this initiative, Neutech is not only expanding its market for educational services but also acting as an instrument of China's education diplomacy and soft power. The partnership will focus on co-developing digital talent curricula and providing teacher and student training, directly contributing to the BRI's goals in the Middle East.

These international ventures signal Neutech's ambition to transition from a domestic education provider to a global influencer in technical and vocational training, leveraging its expertise to build bridges and new markets abroad.

An Integrated Future Tested by Financial Realities

The synergy between Neutech's diverse segments is the core of its long-term strategy. The company envisions a self-reinforcing cycle where its education arm trains the talent needed for its healthcare and wellness ventures, while its medical facilities provide real-world training grounds and services. Its affiliated hospitals, such as Ruikang Cardiovascular Hospital and Ruikang Stomatology Hospital, reported significant patient traffic in 2025 and received provincial accolades, serving as key nodes in this integrated network.

Looking ahead, the Group plans to deepen this integration, focusing on an "AI-driven, scenario-led" product matrix and accelerating the nationwide deployment of its smart elderly care platform. The goal is to evolve from providing single treatments to offering full-cycle proactive health management. However, the success of this capital-intensive, long-term vision will be measured against the financial realities reflected in its 2025 results. The decline in adjusted net profit suggests that the heavy investment in technology and market expansion is impacting the bottom line. Observers will be watching closely to see if Neutech's pioneering ecosystem model can deliver sustainable financial growth and successfully navigate the competitive landscapes of both technology and healthcare.