Company: NTCL
Filing Date: 2025-10-20
Form Type: F-1
Source: 0001104659-25-100526
Chunk: 169

Company: NetClass Technology Inc
Filing Date: 2025-10-20
Form: F-1
Chunk 169
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 training platform to address those potential needs. In the future, we plan to leverage our pioneering position in blockchain technologies to optimize its utility.

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Our Employees As of March 31, 2025, and September 30, 2024, 2023 and 2022, we had a total of 45, 37, 32, and 35 employees, respectively. The following table provides a breakdown of our employees by function as of March 31, 2025.

| ​                        | ​ |         ​ |
| ​                        |   |     As of |
| ​                        | ​ | March 31, |
| ​                        | ​ |      2025 |
| Administration           |   |         9 |
| Finance                  |   |         2 |
| Research and Development |   |        26 |
| Market and Sales         |   |         8 |
| Total                    |   |        45 |

Our employees are not represented by a labor organization or covered by a collective bargaining agreement. We believe that we maintain a good working relationship with our employees, and we have not experienced any significant labor disputes. We are required under PRC law to make contributions to employee benefit plans at specified percentages of the salaries, bonuses, and certain allowances of our employees, up to a maximum amount specified by the local government from time to time. As required by regulations in the PRC, we participate in various employee social securities plans that local governments organize. We believe we have covered housing provident fund and all five types of social insurance, including, pension insurance, medical insurance, work-related injury insurance, unemployment insurance, and maternity insurance. Our employees’ compensation for the six months ended March 31, 2025 was as follows:

| ​                                     
 ​                                     | ​ |              ​ 
 March 31, 2025 |
|:--------------------------------------|:--|---------------:|
| Total payment US$equivalent           |   |        400,195 |
| Average monthly payment US$equivalent |   |         66,699 |

Our employees’ compensation for the years ended September 30, 2024, 2023 and 2022 was as follows:

| ​                                     | ​ |       ​ | ​ |         ​ | ​ |         ​ |
| ​                                     |   |    2024 |   |      2023 |   |      2022 |
| Total payment in RMB                  |   |