China Chunlai Education's Chair Donates AI, Blockchain Tech

MT Newswires Live

2025/10/08

China Chunlai Education Group's (HKG:1969) Founder and Chairman Hou Chunlai agreed to make a significant donation to support the firm's advancement of AI and blockchain research and education across its schools, a Wednesday Hong Kong bourse filing said.

Hou currently owns a data center in Washington, the U.S., and will provide free-of-charge access to the AI and blockchain technology it develops from time to time.

The chair also agreed to donate the profits generated by the data center to the educational company to drive technological innovations in education.

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