Company: NTCL
Filing Date: 2025-10-20
Form Type: F-1
Source: 0001104659-25-100526
Chunk: 274

Company: NetClass Technology Inc
Filing Date: 2025-10-20
Form: F-1
Chunk 274
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 Netwide Enterprise Management Co., Ltd. (“Shanghai Netwide”)    | ​ | April 27, 2022    | ​ | PRC             | ​ | 100%            | ​ | Subscription and Application development service                     |
| Shanghai NetClass Information Technology Co., Ltd. (“NetClass China”)    | ​ | May 13, 2003      | ​ | PRC             | ​ | 100%            | ​ | Subscription and Application development service                     |
| Shanghai NetClass Enterprise Management Co., Ltd (“NetClass Management”) | ​ | August 29, 2016   | ​ | PRC             | ​ | 100%            | ​ | Subscription and Application development service                     |
| Shanghai NetClass Human Resources Co., Ltd (“NetClass HR”)               | ​ | November 09, 2016 | ​ | PRC             | ​ | 100%            | ​ | Subscription and Application development service                     |
| Shanghai Chuangyuan Education Technology Co., Ltd (“NetClass Education”) | ​ | April 14, 2004    | ​ | PRC             | ​ | 100%            | ​ | Subscription and Application development service                     |
| NetClass Training (Shanghai) Co., Ltd. (“NetClass Training”)             | ​ | August 19, 2016   | ​ | PRC             | ​ | 100%            | ​ | Subscription and Application development service                     |
| Netclass International Limited                                           | ​ | July 28, 2023     | ​ | Hong Kong, PRC  | ​ | 100%            | ​ | No activities                                                        |
| NetClass Data Pte Ltd (“NetClass Singapore”)                             | ​ | May 13, 2024      | ​ | Singapore       | ​ | 60%             | ​ | Subscription and Application development service                     |

As described below, the Company, through a series of transactions accounted for as a reorganization of entities under common control (the “Reorganization”), became the ultimate parent of its subsidiaries. Mr. Jianbiao Dai, the CEO and the Chairman of the Board of Directors of the Company, is the ultimate controlling shareholder of the Company.

F-8

NOTE 1 — ORGANIZATION AND BUSINESS DESCRIPTION (Continued)

Reorganization

A reorganization of the legal structure was completed on June 10, 2022. The reorganization involved:

| (i) | the formation of the Company’s wholly owned subsidiary NetClass HK;