Company: NTCL
Filing Date: 2025-12-29
Form Type: F-3
Source: 0001104659-25-124826
Chunk: 20

Company: NetClass Technology Inc
Filing Date: 2025-12-29
Form: F-3
Chunk 20
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7.1135 |
| Items in the statements of income and cash flows     |     | US$1=RMB 7.2043 |     | US$1=RMB 7.0533 |     | US$1=RMB 6.5532 |
| HK$Balance sheet items, except for equity accounts   |     | US$1= HK$7.7693 |     |  US$1=HK$7.8308 |     |             N/A |
| HK$ Items in the statements of income and cash flows |     | US$1= HK$7.8127 |     |  US$1=HK$7.8310 |     |             N/A |
| SG$ Balance sheet items, except for equity accounts  |     | US$1= SG$1.2831 |     |             N/A |     |             N/A |
| SG$ Items in the statements of income and cash flows |     | US$1= SG$1.3406 |     |             N/A |     |             N/A |

We have relied on statistics provided by a variety
of publicly available sources regarding the PRC’s expectations of growth. We did not directly or indirectly sponsor or participate
in the publication of such materials, and these materials are not incorporated in this prospectus other than to the extent specifically
cited in this prospectus. We have sought to provide current information in this prospectus and believe that the statistics provided in
this prospectus remain up-to-date and reliable, and these materials are not incorporated in this prospectus other than to the extent specifically
cited in this prospectus.

Overview

NETCLASS TECHNOLOGY INC was incorporated on January 4, 2022 under the laws of the Cayman Islands. We conduct business primarily through our wholly-owned subsidiaries, NetClass HK in Hong Kong, NetClass China and its subsidiaries in the PRC, and NetClass Asia in Singapore.
Our primary offices are located in Shanghai, Hong Kong and Singapore, where we serve a large customer base throughout Hong Kong, PRC and
Singapore. We are a B2B (Business-to-Business) smart education specialist, providing IT solutions to schools, training institutions, corporations,
government agencies (mainly the Shanghai Municipal Education Commission), and other institutions or corporate customers. We offer SaaS
subscription services and application software development. Our solutions modules include teaching management, campus management, data
storage and computing system, online teaching, online examination,