Announcement • Jan 21
Skillful Craftsman Education Technology Ltd Announces Executive Changes, Effective January 13, 2026 Skillful Craftsman Education Technology Ltd. announced that on January 13, 2026, the Board of Directors received a resignation letter from Mr. Jie Ma, resigning from the position as the Chief Product Officer of the Company, effective immediately. Mr. Ma’s resignation is not because of any disagreement with the Company or its management.
On January 13, 2026, the Board received a resignation letter from Mr. Chunyang Yuan, resigning from the position as the Chief Technology Officer of the Company, effective immediately. Mr. Yuan’s resignation is not because of any disagreement with the Company or its management. Announcement • Nov 22
Skillful Craftsman Education Technology Limited Announces Resignation of Bill Tang as the Chief Strategy Officer , Effective on November 17, 2025 Skillful Craftsman Education Technology Limited announced that on November 17, 2025, the Board of Directors of Company received a resignation letter from Mr. Bill Tang, resigning from the position as the Chief Strategy Officer of the Company, effective on November 17, 2025. Mr. Tang’s resignation is due to his personal reason and not because of any disagreement with the Company or its management. Announcement • Aug 28
Skillful Craftsman Education Technology Ltd. Announces its Sesame Chat App Completes Strategic Upgrade, Pioneering New Frontier in AI Communication Intelligence Skillful Craftsman Education Technology Ltd. announced that its new app product, "Sesame Chat" in English ("Zhi Ma Gou Tong" in Chinese), has undergone a strategic upgrade. This upgrade marks the evolution of Zhi Ma Gou Tong (Sesame Chat) from an AI communication assistance tool to an "AI communication intelligence platform" that empowers personal and professional development in depth, aiming to capture the vast market driven by the demand for efficient communication. In today's fast-paced digital age, communication has become a critical driver of productivity. Whether it's delivering key speech, securing resources in the workplace, or building and maintaining relationships in personal life, countless users face a significant "communication deficit". EDTK has identified this challenge and, through this strategic upgrade, has introduced a ai based solution to its users. Unlike most AI tools in the industry, which remain at the text optimization level, the core innovation of the new Zhi Ma Gou Tong(Sesame Chat) lies in its "Scenario Intelligence Agent". This agent can deeply understand high-risk, high-value communication scenarios, no longer simply "polishing" language, but providing users with forward-looking communication strategies and behavioral recommendations. This means that whether facing complex managing upward communications scenarios or navigating tricky interpersonal dynamics, Zhi Ma Gou Tong (Sesame Chat) serves as an AI advisor. Announcement • Aug 16
Skillful Craftsman Education Technology Limited Announces an Update as to its AI Communications App -Sesame Chat Skillful Craftsman Education Technology announced an update as to its AI communications app "Sesame Chat" in English ("Zhi Ma Gou Tong" in Chinese), that was recently launched in the mainland China market. The update addresses the adaptive architecture of its Multi-Agent System (MAS) that powers Zhi Ma Gou Tong (Sesame Chat) which is the inaugural product of EDTK's communication skills learning (CSL) assistant series. An illustration of how its MAS works in a 'Compliment Scenario' is as follows, where five AI agents are deployed to configure and create more effective communications: Agent 1: Style Profiler Identifies recipient's communication preferences through linguistic patterns (e.g., direct vs. metaphorical expression affinity). Agent 2: Context Interpreter Analyzes relationship history and recent interactions to determine appropriate intimacy level. Agent 3: Knowledge Specialist Retrieves relevant frameworks from cultural /contextual databases (e.g., professional appreciation vs. romantic appreciation). Agent 4: Response Architect Generates tailored options balancing creativity and social context, which allows the reply to be appropriate and meaningful. Agent 5: Quality Validator: Each response is scored and the top answers are presented to the user. Announcement • Aug 01
Skillful Craftsman Education Technology Limited announced delayed 20-F filing On 07/31/2025, Skillful Craftsman Education Technology Limited announced that they will be unable to file their next 20-F by the deadline required by the SEC. Announcement • Jun 19
Skillful Craftsman Education Technology Limited Announces New App Skillful Craftsman Education Technology Limited announced that it will develop aies of communication skills learning (CSL) applications -- " Assistant" -- aimed at enhancing users' communication and interpersonal skills through personalized guidance and support to develop users' communication skills. The Assistant is expected to be the first in aseries of CSL applications developed by the Company, which will leverage the Company's expertise in artificial intelligence and education and align with its new mission to develop artificial intelligence-based products and services. Unlike the current abundance of "AI chatbots" and "AI writing" tools, EDTK believes that truly practical next-generation AI products should help users communicate effectively in real-life social scenarios by "speaking appropriately", "expressing themselves effectively" and "reducing understandings." The Assistant will interact with users through chat-based interactions by calling upon the appropriate vertical application large models in the backend based on specific usage scenarios, thereby helping them improve their communication skills. It will analyze the user's personal profile, personality, habits, and shared chat records to determine the appropriate conversational style for the other party and provide suggestions. AI suggestions are generated through comprehensive considerations such as contextual understanding, relationship analysis, communication goal planning, and expression strategy generation, achieving not just content generation but also the creation of human relationships. The Assistant has diverse application scenarios, applicable to both daily life and the workplace. In daily life, the assistant can pre-plan communication strategies based on the relationships the user wishes to establish, reducing communication costs. It can be used in scenarios such as building romantic relationships, maintaining family ties, and communicating with friends. In the workplace, for newcomers, the assistant will provide customized communication strategies to help them quickly adapt to new environments; for business professionals, the assistant will also offer tailored communication strategies to enhance efficiency. The Assistant will first be launched in the Chinese market and will develop AI applications in different languages based on feedback from the Chinese market. Announcement • May 13
Skillful Craftsman Education Technology Limited Announces Executive Appointments Skillful Craftsman Education Technology Limited announced the hiring of two experienced professionals to help drive new product/service innovation and accelerate business growth. Mr. Chunyang Yuan, the newly hired Chief Technology Officer of the Company, is a senior software development engineer with more than 20 years of software development experience and 8 years of working experience in multinational software companies, and more than 10 years of R&D team management experience. Mr. Yuan is well versed in machine learning and artificial intelligence technologies, especially in the field of human-computer interaction, dialogue systems and big models. Mr. Yuan has led the successful incubation of several products from development to launch at Meituan and has achieved significant results in the business implementation of AI and innovative products. In addition, Mr. Yuan has deep experience in entrepreneurship and driving the deep integration of technology and business through innovation and efficient management. Mr. Jie Ma, the newly hired Chief Product Officer of the Company, is a senior product expert with over 12 years of experience in product management. His career history includes well-known internet companies such as Baidu and Meituan. Mr. Ma is deeply engaged in the field of AI, and highly skilled at building and bringing innovative products to life, and generating markets for them. Mr. Ma has overseen the development of product strategy, operation processes and tool development, strategy optimization, and user experience assurance. Mr. Ma has also successfully promoted the scale application of AI outbound robots of Meituan's business lines. Mr. Ma is expert at driving projects from inception to launch, and has led the development of the innovative products Baidu Chance App and Baidu Cloud Map. Reported Earnings • Jan 16
First half 2025 earnings released: US$0.19 loss per share (vs US$0.024 loss in 1H 2024) First half 2025 results: US$0.19 loss per share (further deteriorated from US$0.024 loss in 1H 2024). Net loss: US$2.94m (loss widened US$2.57m from 1H 2024). Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Board Change • Nov 14
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Shaowei Zhang was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Aug 15
Skillful Craftsman Education Technology Limited announced delayed amended 20-F filing On 08/14/2024, Skillful Craftsman Education Technology Limited announced that they will be unable to file their amended 20-F by the deadline required by the SEC. Announcement • Aug 01
Skillful Craftsman Education Technology Limited announced delayed 20-F filing On 07/31/2024, Skillful Craftsman Education Technology Limited announced that they will be unable to file their next 20-F by the deadline required by the SEC. New Risk • Jul 21
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 83% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). Shareholders have been diluted in the past year (3.7% increase in shares outstanding). Market cap is less than US$100m (US$17.2m market cap). New Risk • Nov 28
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 10% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 71% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Shareholders have been diluted in the past year (3.7% increase in shares outstanding). Market cap is less than US$100m (US$13.9m market cap). Announcement • Sep 15
Skillful Craftsman Education Technology Limited Announces Executive Changes On September 6, 2023, the Board of Directors of Skillful Craftsman Education Technology Limited received a resignation letter from Mr. Xiaofeng Gao to resign from his position as the Co-Chief Executive Officer of the Company, effective immediately. Mr. Gao indicated that his resignation as Co-CEO is not because of any disagreement with the Company, its management or its directors, and Mr. Gao will remain as a director and Chairman of the Board of the Company. On September 6, 2023, the Company entered into an employment agreement with Mr. Bin (Bill) Fu to employ him as the Chief Executive Officer of the Company. Mr. Fu has served as the Co-CEO of the Company since May 2021. Announcement • Aug 01
Skillful Craftsman Education Technology Limited announced delayed 20-F filing On 07/31/2023, Skillful Craftsman Education Technology Limited announced that they will be unable to file their next 20-F by the deadline required by the SEC. New Risk • Jul 09
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 58% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported September 2022 fiscal period end). Market cap is less than US$100m (US$19.1m market cap). Announcement • Feb 17
Skillful Craftsman Education Technology Ltd. to Launch Class Bot Powered by Technology from Developer of ChatGPT Skillful Craftsman Education Technology Ltd. announced that it is developing Class Bot, a set of innovative AI-embedded application tools for different online education scenarios. Powered by the technology from OpenAI, the developer of ChatGPT, Class Bot is designed to help schools and training institutions quickly build online curricula, and improve the learning efficiency and graduation rate for students who are enrolling in online education classes through the adaptive learning model. Currently, the Company is at the research and development stage for Class Bot and expects to complete the internal testing in the fourth quarter of 2023. With its auto curriculum function, Class Bot can collect and refine learning materials from different sources, highlight material learning points, and automatically generate course outlines and tests. The adaptive learning function of Class Bot will help personalize learning experience for students by managing their study syllabuses, organizing notes, and implementing customized study timetable. In addition, Class Bot will have an AI tutor function to help answer students’ questions, track and supervise their learning progress, review test results, and give real-time feedback on students’ learning achievements and areas to improve. Reported Earnings • Jan 06
First half 2023 earnings released: US$0.20 loss per share (vs US$0.003 loss in 1H 2022) First half 2023 results: US$0.20 loss per share (further deteriorated from US$0.003 loss in 1H 2022). Revenue: US$7.29m (down 39% from 1H 2022). Net loss: US$2.98m (loss widened US$2.94m from 1H 2022). Board Change • Nov 16
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Founder, Chairman of the Board of Directors & Co-CEO Xiaofeng Gao is the most experienced director on the board, commencing their role in 2019. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 02
Full year 2022 earnings released: US$0.10 loss per share (vs US$0.32 profit in FY 2021) Full year 2022 results: US$0.10 loss per share (down from US$0.32 profit in FY 2021). Revenue: US$23.1m (down 21% from FY 2021). Net loss: US$1.40m (down 140% from profit in FY 2021). Board Change • Apr 27
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Founder, Chairman of the Board of Directors & Co-CEO Xiaofeng Gao is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Announcement • Jan 30
Skillful Craftsman Education Technology Limited (NasdaqCM:EDTK) entered into an equity transfer agreementto acquire a 60% stake in Wuxi Talent Home Information Technology Co., Ltd. from certain shareholders for CNY 21.5 million. Skillful Craftsman Education Technology Limited (NasdaqCM:EDTK) entered into an equity transfer agreementto acquire a 60% stake in Wuxi Talent Home Information Technology Co., Ltd. from certain shareholders for CNY 21.5 million on January 28, 2022. Under the terms, Skillful Craftsman Education Technology will pay CNY 15 million in cash and will issue 791,667 newly ordinary shares. The transaction has been unanimously approved by the Skillful Craftsman Education Technology Limited board of directors and is expected to close by February 28, 2022. Reported Earnings • Dec 10
First half 2022 earnings: Revenues and EPS in line with analyst expectations First half 2022 results: US$0.003 loss per share (down from US$0.44 profit in 1H 2021). Revenue: US$11.9m (down 23% from 1H 2021). Net loss: US$43.4k (down 101% from profit in 1H 2021). Revenue was in line with analyst estimates. Valuation Update With 7 Day Price Move • Nov 24
Investor sentiment deteriorated over the past week After last week's 16% share price decline to US$1.19, the stock trades at a trailing P/E ratio of 4.1x. Average trailing P/E is 21x in the Consumer Services industry in the US. Total loss to shareholders of 62% over the past year. Valuation Update With 7 Day Price Move • Nov 03
Investor sentiment improved over the past week After last week's 15% share price gain to US$1.45, the stock trades at a trailing P/E ratio of 5x. Average trailing P/E is 14x in the Consumer Services industry in the US. Total loss to shareholders of 51% over the past year. Valuation Update With 7 Day Price Move • Oct 12
Investor sentiment improved over the past week After last week's 17% share price gain to US$1.37, the stock trades at a trailing P/E ratio of 4.7x. Average trailing P/E is 15x in the Consumer Services industry in the US. Total loss to shareholders of 55% over the past year. Valuation Update With 7 Day Price Move • Sep 17
Investor sentiment deteriorated over the past week After last week's 16% share price decline to US$1.32, the stock trades at a trailing P/E ratio of 4.5x. Average trailing P/E is 17x in the Consumer Services industry in the US. Total loss to shareholders of 58% over the past year. Announcement • Sep 15
Skillful Craftsman Education Technology Limited (NasdaqCM:EDTK) acquired Shenzhen Jishen Information Tech Limited for CNY 29.6 million. Skillful Craftsman Education Technology Limited (NasdaqCM:EDTK) entered into a definitive agreement to acquire Shenzhen Jishen Information Tech Limited for CNY 29.6 million on May 25, 2021. Total consideration of 2,900,000 newly issued ordinary shares of Skillful Craftsman Education Technology Limited paid to the seller. The transaction has been unanimously approved by Skillful’s board of directors.
Skillful Craftsman Education Technology Limited (NasdaqCM:EDTK) completed the acquisition of Shenzhen Jishen Information Tech Limited on September 1, 2021. Board Change • Sep 02
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Founder, Chairman of the Board of Directors & Co-CEO Xiaofeng Gao is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Executive Departure • Aug 19
Independent Director Limin Huang has left the company On the 13th of August, Limin Huang's tenure as Independent Director ended after 1.2 years in the role. We don't have any record of a personal shareholding under Limin's name. A total of 4 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Aug 17
Investor sentiment deteriorated over the past week After last week's 18% share price decline to US$1.46, the stock trades at a trailing P/E ratio of 4.6x. Average trailing P/E is 16x in the Consumer Services industry in the US. Total loss to shareholders of 67% over the past year. Valuation Update With 7 Day Price Move • Jul 27
Investor sentiment deteriorated over the past week After last week's 19% share price decline to US$1.70, the stock trades at a trailing P/E ratio of 5.4x. Average trailing P/E is 17x in the Consumer Services industry in the US. Total loss to shareholders of 55% over the past year. Reported Earnings • Jul 23
Full year 2021 earnings released: EPS US$0.32 (vs US$1.11 in FY 2020) The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2021 results: Revenue: US$29.2m (up 2.0% from FY 2020). Net income: US$3.50m (down 65% from FY 2020). Profit margin: 12% (down from 35% in FY 2020). Valuation Update With 7 Day Price Move • Jun 17
Investor sentiment deteriorated over the past week After last week's 15% share price decline to US$2.10, the stock trades at a trailing P/E ratio of 6.6x. Average trailing P/E is 20x in the Consumer Services industry in the US. Reported Earnings • Jun 12
Full year 2021 earnings released: EPS US$0.32 (vs US$1.11 in FY 2020) The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2021 results: Revenue: US$29.2m (up 2.0% from FY 2020). Net income: US$3.50m (down 65% from FY 2020). Profit margin: 12% (down from 35% in FY 2020). Executive Departure • Jun 11
Independent Director David H. Sherman has left the company On the 1st of June, David H. Sherman's tenure as Independent Director ended after less than a year in the role. We don't have any record of a personal shareholding under David H.'s name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • May 21
Investor sentiment improved over the past week After last week's 18% share price gain to US$2.28, the stock trades at a trailing P/E ratio of 2.3x. Average trailing P/E is 19x in the Consumer Services industry in the US. Valuation Update With 7 Day Price Move • Apr 14
Investor sentiment deteriorated over the past week After last week's 18% share price decline to US$2.89, the stock trades at a trailing P/E ratio of 3x. Average trailing P/E is 26x in the Consumer Services industry in the US. Announcement • Mar 05
Skillful Craftsman Education Technology Limited Announces Board Changes Skillful Craftsman Education Technology Ltd. announced that Mr. Steven Yuan Ning Sim has been appointed as the successor to Ms. Teoh Chun Hiah to serve as a director on the Board, member of the Audit Committee and Chairperson of the Nominating and Corporate Governance Committee, effective on March 3, 2021. Ms. Teoh Chun Hiah resigned from her roles in the Company on February 17, 2021 due to personal reasons. Mr. Steven Yuan Ning Sim serves as the Chief Financial Officer of Pintec Technology Holdings Limited. Mr. Sim has over 15 years of audit and financial management experience. Previously, Mr. Sim served as Vice President of finance at Sohu.com Inc. from 2014 to 2016. Valuation Update With 7 Day Price Move • Feb 25
Investor sentiment deteriorated over the past week After last week's 17% share price decline to US$3.64, the stock is trading at a trailing P/E ratio of 3.7x, down from the previous P/E ratio of 4.5x. This compares to an average P/E of 25x in the Consumer Services industry in the US. Is New 90 Day High Low • Feb 05
New 90-day high: US$3.61 The company is up 24% from its price of US$2.90 on 06 November 2020. The American market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Services industry, which is up 11% over the same period. Valuation Update With 7 Day Price Move • Feb 05
Investor sentiment improved over the past week After last week's 17% share price gain to US$3.61, the stock is trading at a trailing P/E ratio of 3.7x, up from the previous P/E ratio of 3.2x. This compares to an average P/E of 25x in the Consumer Services industry in the US. Announcement • Jan 22
Skillful Craftsman Education Technology Limited Appoints Dawei Chen as Chief Strategy Officer Skillful Craftsman Education Technology Ltd. appointed Mr. Dawei Chen as Chief Strategy Officer (CSO), effective on January 21, 2021. In this newly created position, Mr. Chen will be responsible for working collaboratively with the Company’s business divisions to develop the Company’s strategic plan, making capital markets connections, creating M&A opportunities, and improving investor relations to achieve the Company’s strategic goals. Prior to joining the Company, Mr. Chen has taken senior positions in leading multinational corporations and consulting firms, where he gained extensive experience in strategic planning and management consultancy. Over the past ten years, Mr. Chen focused on equity investment, with more than 20 successful IPOs and M&A transactions mainly in education, high-end manufacturing, IT infrastructure, Blockchain technology, and e-commerce. Additionally, Mr. Chen served as senior consultant for several Chinese companies listed abroad and took key roles in financing advisory and investor relations. Mr. Chen holds a bachelor’s degree from Beijing University of Posts and Telecommunications (BUPT), a Master of Engineering degree from Beijing Jiaotong University (BJTU) and an MBA degree from Concordia University in Canada. Reported Earnings • Jan 17
First half 2021 earnings released: EPS US$0.44 The company reported a soft first half result with weaker earnings and profit margins, although revenues were improved. First half 2021 results: Revenue: US$15.3m (up 14% from 1H 2020). Net income: US$4.39m (down 14% from 1H 2020). Profit margin: 29% (down from 38% in 1H 2020). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Dec 26
Investor sentiment deteriorated over the past week After last week's 15% share price decline to US$3.04, the stock is trading at a trailing P/E ratio of 2.7x, down from the previous P/E ratio of 3.2x. This compares to an average P/E of 27x in the Consumer Services industry in the US. Valuation Update With 7 Day Price Move • Dec 18
Investor sentiment improved over the past week After last week's 16% share price gain to US$3.50, the stock is trading at a trailing P/E ratio of 3.2x, up from the previous P/E ratio of 2.7x. This compares to an average P/E of 28x in the Consumer Services industry in the US. Announcement • Nov 25
Skillful Craftsman Education Technology Ltd. Enters into Strategic Cooperation Agreement with Tianfu Institute of International Big Data Strategy Technology to Participate in National Pilot Project of “Education Certificate + Several Vocation Skill Level Certificates” Skillful Craftsman Education Technology Ltd. has entered into a strategic cooperation agreement with Tianfu Institute of International Big Data Strategy Technology on November 11, 2020 to participate in the national pilot project of “Education Certificate + Several Vocational Skill Level Certificates”(“1+X”). The purpose of the 1+X pilot project is to allow students to obtain certificates of various vocational skills at the same time of obtaining academic certificates. TIBD has actively participated in the “1+X” pilot project and successfully developed “Big Data Governance” Vocational Skill Level Certificate, which is one of the vocational skill level certificates of “1+X” and was officially approved and publicized by an inter-ministerial joint meeting on vocational education of the State Council in September 2020. As of November 18, 2020, 320 companies have participated in the “1+X” pilot project. As part of the Agreement, both parties agree to cooperate, for an initial three-year period, in the development and operation of the “China Big Data Educational Cloud” as well as the development of the learning resources platform for “Big Data Governance” Vocational Skill Level Certificate. TIBD agrees to provide the Company with experts, talent, content and associated support while the Company agrees to provide comprehensive online educational cloud service technology, hardware, software and other related operational supporting services that are necessary. Additionally, both parties agreed to cooperate in the funding of several related projects of the pilot project of the “1+X” Vocational Skill Level Certificate, among which the Company expects to contribute about RMB 9 million. TIBD has agreed to support the Company’s participation in the project and provide experts, channels, experience and other assistance. Announcement • Oct 16
Skillful Craftsman Education Technology Announces Development Progress on New Version of Its Cloud Education Platform Skillful Craftsman Education Technology Ltd. announced that a new version of its Cloud Education Platform is undergoing final testing and is expected to launch in fourth quarter 2020. The new version of its Cloud Education Platform will be designed to implement the latest innovative technology and a new structural concept. After six months of development and construction, it is now entering the final internal testing stage. The Company plans to launch the platform upon successful completion of this internal testing. This new version of the Cloud Platform will utilize a new infrastructure that will augment capacity, security, and various front-end functional add-ons. With increased cloud and system capacity, the new infrastructure is being designed to accommodate and operate with larger data loads, providing faster processing and response times. It is anticipated that these capabilities will enable new add-on functions and will be compatible with the emerging 5G infrastructure. Security enhancements will be deployed in the new infrastructure to improve the security and stability of the operating system, heightened information encryption, as well as anti-theft and anti-download protection for course materials and other student resources. The new infrastructure is also being designed to prevent SQL and XSS attacks. This new infrastructure is being designed to allow for a variety of front-end functional add-ons and layout upgrades that are not offered on the current platform, so that the platform can support compatible layouts and optimized learning tools, facilitating better user habits and user experience. Announcement • Aug 01
Skillful Craftsman Education Technology Limited announced delayed 20-F filing On 07/31/2020, Skillful Craftsman Education Technology Limited announced that they will be unable to file their next 20-F by the deadline required by the SEC. Announcement • Jul 23
Skillful Craftsman Education Technology Limited has completed an IPO in the amount of $15 million. Skillful Craftsman Education Technology Limited has completed an IPO in the amount of $15 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 3,000,000
Price\Range: $5
Discount Per Security: $0.35