On March 27, Neusoft Ruixin Technology Group (Stock Code: 9616.HK) announced its 2025 annual results, highlighting the synergistic development across its education, healthcare, and elderly care business segments, which has generated new momentum for its ecosystem. During the reporting period, the company achieved revenue of approximately RMB 2.039 billion and adjusted net profit of approximately RMB 407 million. The company proposes to declare a final dividend for 2025 at 40% of the adjusted net profit attributable to shareholders, amounting to HK$0.28 per share, thereby maintaining a high dividend payout ratio.
Education Business Develops Steadily
Brand Reputation Reaches New Heights
In the realm of full-time higher education, its three IT-oriented undergraduate institutions in Dalian, Chengdu, and Guangdong have integrated AI to deepen disciplinary connotations and advance smart campus development. Educational quality has steadily improved, further solidifying their leading position in the industry. Student enrollment continued to grow steadily during the 2025/2026 academic year. As of December 31, 2025, the total number of enrolled students across the three universities exceeded 59,000, representing a 1.6% year-on-year increase from 2024 and reaching a new historical high.
In 2025, the Group’s three universities received numerous honors: In the “2024 China Undergraduate Institutions Innovation and Entrepreneurship Education Index Ranking” released by Chuangzhishu, a research and consulting agency specializing in innovation and entrepreneurship education evaluation for higher education institutions, Dalian College ranked first among private colleges and universities nationwide; In the “Overview of National First-Class Undergraduate Major Construction Sites at Private Colleges and Universities” issued by the Higher Education Professional Committee of the China Association for Non-Governmental Education, Dalian College led all private colleges and universities in China in the number of approved national first-class undergraduate major construction sites; According to the 2025 edition of the Computer Competition Index, co-hosted by the National Research Society for Computer Education in Higher Education and other organizations, Dalian College retained its top position among private colleges and universities nationwide, while Chengdu College firmly held the leading spot among private colleges and universities in Sichuan Province. In the “2025 Soft Science China University Major Rankings,” Guangdong College’s Visual Communication Design program ranked first among private colleges and universities in Guangdong Province.

Furthermore, the admissions data for the three colleges in the 2025/2026 academic year were impressive. The highest admission score for the physics track at Dalian College was 99 points above the Liaoning Province undergraduate cutoff; the highest admission score for the physics track at Chengdu College was 100 points above the Sichuan Province undergraduate cutoff; and the highest admission score for the physics track at Guangdong College was 68 points above the Guangdong Province undergraduate cutoff. Full enrollment was achieved in a single round of admissions in multiple provinces.
In terms of educational resource export, 2025 focused on technology-enabled education as the main thread, comprehensively advancing the R&D and application of emerging frontier technologies such as AI, big data, and the metaverse in the education sector. Specifically, Smart Education Platform 3.0 took “deep integration of AI into the entire teaching process” as its core upgrade direction, building a controllable and trustworthy AI capability system covering all scenarios of “teaching, learning, management, training, and evaluation.” The Neusoft Metaverse Creative Creation and Sharing Platform (OpenNEU) was upgraded to provide more personalized, efficient, and comprehensive learning support and services for school teaching. An AIoT home-based elderly care training laboratory was developed, establishing a four-in-one comprehensive cultivation system integrating “teaching, practical training, scientific research, and industry-finance collaboration,” based on home-based elderly care scenarios aligned with the Future Smart Home 4.0 concept. In 2025, facing 17 majors in IT, digital media, and healthcare/elderly care, 22 courses, 79 projects, and 9 industry-scenario training laboratories were established. Professional co-construction and industrial college collaborations were carried out with 52 institutions, covering nearly 15,300 enrolled students.
In terms of continuing education services, during the reporting period, leveraging more than 90 national-, provincial-, municipal-, and industry-level training accreditations, we delivered 219 training programs to 112 institutional clients, representing a 16% increase in the number of projects delivered compared to the full year of 2024. The self-developed “Neusoft Education Online” platform has accumulated 2.339 million registered users and has been approved as a “Training Site for the Industrial and Information Technology Talent Development Project” by the Education and Examination Center of the Ministry of Industry and Information Technology (2025).
In 2025, the Group continued to deepen its global footprint by entering into a strategic partnership with WorldSkills International (WSI), becoming the first Chinese enterprise to be named a Global Premium Partner, jointly fostering the development of international digital talent. Seizing new opportunities in the global expansion of education under the Belt and Road Initiative, and on the occasion of the 70th anniversary of diplomatic relations between China and Egypt, the Group signed a cooperation agreement with Luban Workshop. Future collaboration will be deepened across three core dimensions: co-development of digital talent training curricula, faculty training, and student practical experience.
Comprehensive Layout of Elderly Care Technology and Services
The Strategic Framework Has Begun to Take Shape
To proactively address the profound impacts and unique opportunities presented by China’s increasingly prominent aging society, the Group has strategically launched an initiative to expand and deepen its presence in the silver economy market, creating a new integrated ecosystem of “education, healthcare, and elderly care.”
In the realm of smart elderly care, the Group established a comprehensive smart health and elderly care solution covering multiple scenarios in 2025. It launched the “City-Level Smart Elderly Care Platform” as new digital infrastructure for urban elderly care, creating a digital foundation that facilitates collaboration among “government, institutions, communities, and households.” As of December 31, 2025, the platform had been officially deployed in over 20 cities, essentially achieving nationwide coverage across China. The already operational “Shenyang Shengqing Health and Elderly Care” and “Dalian Smart Health and Elderly Care” platforms cover 30 core elderly care scenarios, serving more than 50,000 users, aggregating over 1,750 high-quality service providers, and offering nearly 8,000 age-friendly products and services.
In the realm of elderly education services, Neusoft Phoenix Academy adheres to the “LIFECARES” educational model—encompassing Leisure, Care, Health, Learning, and Contribution—and has established a nationwide network for elderly education comprising “3 branch campuses + 8 affiliated colleges.” During the reporting period, Phoenix Academy served over 2,000 enrollments of senior students in offline paid courses.
In addition, the Group’s Ruikang Home Elderly Care Center was rated as a “Liaoning Province Level-5 Elderly Care Institution” by the Liaoning Provincial Department of Civil Affairs. As of December 31, 2025, the occupancy rate at Ruikang Home Elderly Care Center reached 93%. Among its residents, 96% were aged 80 or above, primarily requiring semi-dependent care or higher levels of assistance. Furthermore, serving as a showcase center for smart elderly care solutions, the facility has fully deployed the “Ruixintong” integrated medical-nursing-care SaaS service system.
Continuous Improvement in the Quality of Medical Services
Brand Influence Continues to Deepen
By integrating education with medical care and elderly care, the Group has pioneered a new model of integrated “education-medical care-elderly care” development, establishing an ecosystem in which education supports medical care and elderly care, medical services facilitate elderly care and supplement education, and elderly care complements medical services and supports education.
In 2025, Ruikang Cardiovascular Hospital successfully undertook the National High-Risk Cardiovascular Disease Screening Project, becoming the sole designated examination institution for this project in Liaoning Province. It obtained qualifications for mutual recognition of medical examinations and test results within the province, completed integration with the “Liaoning Provincial Mutual Recognition Platform for Examinations and Test Results,” and became the first private medical institution among the nine tertiary hospitals in Dalian City to launch on this platform, ranking among the first batch in the entire province. In 2025, Ruikang Cardiovascular Hospital recorded nearly 58,000 outpatient and emergency visits, with over 11,000 hospitalizations and surgical procedures. Ruikang Stomatological Hospital was awarded the title of “Age-Friendly Medical Institution in Liaoning Province” by the Liaoning Provincial Health Commission, with its outpatient visits exceeding 23,000 in 2025.
Looking ahead, Neusoft Ruixin Technology Group will continue to advance the implementation of an integrated ecosystem for education, healthcare, and elderly care through model innovation, platform empowerment, data-driven strategies, and facility upgrades. In degree education, the group adheres to the development principle of “stabilizing scale and solidifying foundations; improving quality and strengthening core capabilities,” connecting the entire talent cultivation chain from “recruitment to training to employment.” Guided by the strategy of “AI + Education” and deep integration of industry and education, it focuses on R&D to create a flagship product matrix characterized by “AI-driven, scenario-led, and integrated hardware-software solutions,” continuously enhancing its core educational service capabilities. Meanwhile, the group will accelerate the nationwide deployment of city-level smart elderly care platforms, systematically building a standardized business system featuring “one platform and two centers.” By establishing standardized and replicable operational models, it aims to serve as new urban infrastructure for elderly care and become a trusted digital partner for governments in this sector. In medical services, the group will promote the upgrade from single-disease treatment to full-cycle health management, constructing a comprehensive proactive health management system that integrates “early screening and treatment of chronic diseases + personalized lifestyle prescriptions + functional medicine interventions.” Through resource integration and complementary advantages, the group will achieve deep integration across multiple business sectors, focusing on creating an integrated development model for “education, healthcare, and elderly care” to comprehensively meet the diverse needs of both internal and external customers.