SHANGHAI and HONG KONG, Aug. 28, 2025 (GLOBE NEWSWIRE) -- NETCLASS Technology INC (Nasdaq: NTCL; the “Company” or “NetClass”), a leading B2B smart education IT solutions provider with offices in Shanghai, Hong Kong, Singapore and Tokyo, today announced that the Company will relocate its corporate headquarters to Singapore as cornerstone for its global expansion, effective September 1, 2025. In addition, the Company announced that it has signed a non-binding Letter of Intent (“LOI”) to acquire 51% of the equ ...

Core Insights - NETCLASS Technology INC has entered a strategic partnership with East China Normal University to develop smart education solutions in computational linguistics, marking a significant milestone in university-industry collaboration [1][4] - The partnership aims to integrate technology with language education, focusing on cultivating interdisciplinary talent and transforming academic research into practical applications [2][4] Company Overview - NETCLASS Technology INC is a leading B2B smart education IT solutions provider with offices in Shanghai, Hong Kong, Singapore, and Tokyo, offering services such as SaaS subscription and application software development [6] - The company's mission is to deliver reliable, high-quality products that drive sustainable growth for its customers [6] Partnership Details - The collaboration will provide high-quality internship opportunities in areas like language assessment and adaptive learning systems, giving students hands-on experience [3] - A new course titled "AI + Language Teaching System Development" will be launched, featuring corporate mentors to bridge the gap between theory and practice [3] - A "Joint Research and Development Center for Language and Educational Technology" will be established to support student innovation projects and the application of scientific research [3] Expected Outcomes - The partnership is expected to cultivate high-quality professional talent for the industry and promote innovative development in smart education products and assessment systems [4] - NETCLASS aims to expand its business scope and strengthen its core competitiveness through this collaboration [4]