Wah Fu Education Group (NASDAQ:WAFU), "Wah Fu Education" or the "Company", a Nasdaq‑listed education enterprise, today announced that the Wah Fu Education AI Ecosystem Intelligent Agent Industrialization Project, submitted by its majority‑owned subsidiary Hangzhou Wah Fu Qizhen Digital Intelligence Technology Co., Ltd., has successfully passed the review for the 2026 third batch of innovation‑and‑entrepreneurship projects in Yuhang District, Hangzhou. Selected projects will be eligible to apply for local AI technology subsidies and industrial resource support. According to relevant policies, subsidies of up to 1.1 million USD are available, subject to final official approval. The Company’s industrialization roadmap for AI‑agent technology has gained recognition under local science‑and‑innovation policies, creating favorable policy conditions for subsequent R&D implementation, scenario expansion, and industrial resource alignment of the project.
It is reported that the Yuhang District innovation‑and‑entrepreneurship project review focuses on cutting‑edge tracks including artificial intelligence and the digital economy. A comprehensive multi‑dimensional assessment is conducted covering the project’s core independent intellectual property rights, technological barriers, business model, market prospects and team strength, so as to select high‑quality innovation‑and‑entrepreneurship projects. Selected projects will qualify for corresponding financial subsidies and industrial resource support. The Wah Fu Education AI Ecosystem Intelligent Agent Industrialization Project selected in these round builds upon an industry‑leading general‑purpose large‑model technology base. It focuses on AI application development for core scenarios including educational digitalization and AI‑powered enablement for the education sector, aiming to build a scalable, reusable product system and solution suite for educational AI agents.