Visionary Holdings Launches Ambitious New Energy Vehicle Strategy with Elite Team and Financial Backbone

Visionary Holdings' Strategic Surge into New Energy Vehicles

Visionary Holdings Inc (NASDAQ: GV) has made a significant leap in its ambitions within the new energy vehicle sector. With the assembly of an elite core team, the company aims to spearhead a major technological transformation that promises to reshape its market approach and strategies. This move symbolizes Visionary's commitment to becoming a key player in the burgeoning field of new energy vehicles.

The newly formed team is led by Mr. Zhu Dashu, who has been appointed Senior Vice President. With a stellar background in finance, Zhu has previously held crucial positions in various significant financial institutions, including the Bank of China and the Bank of Canada. His impressive educational credentials span a bachelor’s in Geophysics from Peking University and advanced degrees in Systems Engineering from Xi'an Jiaotong University. Zhu's role will be pivotal as he focuses on enhancing Visionary's financial infrastructure, especially by collaborating with the Saudi Arabian Public Investment Fund and European partners to build a robust financial supply chain for new energy vehicles. This collaboration is geared towards securing substantial financial support necessary for Visionary to penetrate the global market effectively.

Another prominent appointment within this powerhouse team is Mr. Luc Lainé, who has taken the helm as Chairman of PEGASUS New Energy Vehicle Group, a subsidiary of Visionary. Lainé, a member of the Huron-Wendat Nation, carries a wealth of experience in public affairs and indigenous representation. Known for his previous role as the Acting Chief of the Assembly of First Nations in Canada, he aims to leverage his vast network and knowledge to enable PEGASUS to build an assembly plant in Quebec. Lainé’s leadership is anticipated to foster essential partnerships with indigenous communities, thus creating opportunities for sustainable development and market entry for PEGASUS new energy vehicles.

Mr. Hu Yongheng has been appointed as the Executive Director and CEO of PEGASUS New Energy Vehicle Group. With over two decades in the field, Hu's expertise spans various key management positions in significant firms, including Shuguang Co., Ltd. His stewardship is expected to drive technological R&D, production operations, and market strategies, solidifying PEGASUS's position amidst competitive forces in the market.

The alliance of these leading figures presents Visionary with an exceptional reservoir of expertise across finance, indigenous partnership, and corporate management. This core team aims to establish a comprehensive operating system that not only enriches talent acquisition but also enhances collaborative resources and maximizes operational efficiency in the production of new energy vehicles.

Visionary has been strategically poised to tap into the immense potential of the new energy vehicle market, driven by its diversification in business sectors including education and real estate. By embracing technological innovation and resource optimization, Visionary is determined to construct an internationally competitive new energy vehicle enterprise committed to the global pursuit of sustainable transportation solutions.

The establishment of this core team is more than just a structural change; it signals Visionary's vigorous pursuit of growth and its readiness to engage with the demands of the evolving automotive landscape. Under this powerful new leadership, Visionary stands ready to enter a significant growth stage, instilling confidence in investors and attracting the attention of capital markets, all while ensuring adherence to U.S. disclosure standards.

As Visionary Holdings ventures into this transformative era, they are focused on delivering unmatched value to shareholders by establishing a defined roadmap for the sustainability and success of their new energy vehicle initiative. They aim not just to compete but to excel in an industry crucial for future mobility and environmental considerations.

For shareholders closely monitoring this development, Visionary promises to maintain transparency throughout its evolution, sharing updates on strategic intentions and operational dynamics as they unfold in the coming months.