As of March 31, 2026, the Company’s subsidiaries and consolidated affiliated entities are as follows:
Subsidiaries | | Date of
Incorporation | | Jurisdiction of
Formation | | Percentage of
direct/indirect
Economic
Ownership | | Principal
Activities |
DRAGONSOFT GROUP CO., LIMITED (“NetClass HK”) | | December 12, 2006 | | Hong Kong, PRC | | 100% | | Investment Holding/ Subscription and Application development service |
Shanghai Zhima Information Technology Co., Ltd. (“WFOE”) | | April 30, 2019 | | PRC | | 100% | | Investment Holding |
Shanghai 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 |
Nova Solutions Inc. (“NetClass Japan”, formerly named Create Solutions Inc.) | | January 22, 2022 | | Japan | | 51% | | Subscription and Application development service |
Netclass International PTE Ltd. | | July 18, 2025 | | Singapore | | 100% | | Subscription and Application development service |