CH GENERAL EDU (02175.HK): sets up wholly-owned unit to run AIGC training for art and design students

NewTimeSpace News: CH GENERAL EDU (02175.HK) released a voluntary announcement that the Company has established a wholly-owned subsidiary as the Group's new operating company to align with the industry development trend of Artificial Intelligence Generated Content (AIGC), adhere to relevant national policies on digital talent development and fully leverage the Company's extensive experience in the education sector to operate the AIGC training programme.

According to the announcement, the programme represents an innovation of the Company's existing education business by offering vocational training in AIGC film and brand advertising design for students majoring in art and design. It is expected to integrate resources from leading art institutions such as the China Academy of Art and the Guangzhou Academy of Fine Arts and to build a comprehensive ecosystem encompassing curriculum development, practical training and career placement, with the aim of meeting the evolving talent needs of the design industry amid its AI-driven transformation and cultivating high-calibre talent for film and television production companies, brand design agencies and digital cultural and creative enterprises.

The Company considers the programme a business initiative in the field of artificial intelligence talent training that aligns with the Group's long-term development objectives and business development strategies and is in the interest of the Company and its shareholders as a whole. It said it has been actively exploring new business opportunities and development feasibilities with a view to generating higher returns for shareholders, and will make further announcement(s) regarding the progress of the new company as and when appropriate under the Listing Rules, while advising shareholders and potential investors to exercise caution when dealing in its securities.