SKILLFUL CRAFTSMAN EDUCATION TECHNOLOGY LIMITED ANNOUNCES THE FIRST ENTERPRISE CONTRACT FOR ITS AI-POWERED COMMUNICATION SKILLS LEARNING (CSL) PRODUCT AND SERVICES

Skillful Craftsman Education Technology (NASDAQ: EDTK) announced that its subsidiary Jisen signed a 12-month AI Technology Service and Product Sales Agreement with an auto insurance service company in China.

Rhea-AI Summary

Skillful Craftsman Education Technology (NASDAQ: EDTK) announced that its subsidiary Jisen signed a 12-month AI Technology Service and Product Sales Agreement with an auto insurance service company in China. The contract starts Feb 25, 2026, with a monthly service fee of RMB 100,000 (exclusive of tax).

The Agreement is the company’s first commercial deployment of its Communication Skills Learning (CSL) AI product, targeting employee training, customer service communication, and sales script optimization.

Positive

• First commercial deployment of CSL AI product to a corporate customer
• Contracted monthly fees of RMB 100,000 for recurring revenue
• 12-month term provides defined revenue visibility from Feb 25, 2026

Negative

• Limited contract scale — RMB 100,000 per month suggests modest near-term revenue
• Single-customer deployment concentrates early commercial risk on one account

Argus Mar 4 session

+5.37% close to close Open Argus

Details

News Market Reaction – EDTK

In the Mar 4 session, EDTK gained 5.37%, reflecting a notable positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

The stock moved +5.4% in the session following this news. A strong positive reaction aligns with the...

Analysis

The stock moved +5.4% in the session following this news. A strong positive reaction aligns with the company’s pattern of modest gains on AI news, where prior communication-intelligence updates averaged a 3.27% move. This first enterprise CSL contract adds real commercial validation but comes against a backdrop of net losses, a working capital deficit of $1,416,332, and reliance on related-party financing, factors that have historically raised questions about balance-sheet durability.

Key Figures

Monthly CSL service fee: RMB 100,000 per month Agreement term: 12 months Net loss: $1,000,714 +5 more

Monthly CSL service fee

RMB 100,000 per month

AI Technology Service and Product Sales Agreement, 12-month term

Agreement term

12 months

From February 25, 2026 to February 24, 2027

Net loss

$1,000,714

Six months ended September 30, 2025 (continuing operations)

Cash balance

$567,533

As of September 30, 2025

Working capital deficit

$1,416,332

As of September 30, 2025

Negative operating cash flows

$1,011,462

Six months ended September 30, 2025

Investment income

$888,398

Long-term stake in Fujian Pingtan Ocean Fishery Group, six months ended Sept 30, 2025

Promissory note

$1,000,000 at 6%

Related-party financing from key managers, extended to March 31, 2026

Previous AI Reports

3 past events · Latest: Aug 27

Same Type 3 events

1. Aug 27

   AI platform upgrade

   24h Move

   +6.8%

   Strategic upgrade of Sesame Chat into advanced AI communication intelligence platform.

2. Aug 14

   AI product update

   24h Move

   +3.0%

   Detailed launch of multi-agent AI system architecture for communication coaching.

3. Jul 24

   AI app launch

   24h Move

   +0.0%

   Launch of Sesame Chat AI communication app on iOS in China.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

ai technology service, ai-assisted, going concern, series b preference shares, +2 more

6 terms

ai technology service technical

"entered into an AI Technology Service and Product Sales Agreement (the “Agreement”)"

AI technology service is a product or platform that uses machine learning and related software to perform tasks like analyzing data, automating decisions, recognizing images or language, and improving over time. Investors care because these services can cut costs, create new revenue streams, or change competitive positions—think of them as replacing or upgrading a company’s manual processes the way a smart robot or digital assistant speeds up repetitive work.

ai-assisted technical

"This Agreement represents the first commercial deployment of the Company’s proprietary Communication Skills Learning AI-assisted product"

AI-assisted describes products, services or processes where software powered by artificial intelligence helps humans perform tasks by analyzing data, suggesting decisions or automating routine steps while a person keeps final control. For investors, AI-assistance matters because it can boost speed, lower costs and scale operations like a high-powered calculator or GPS for complex work, but it also introduces risks from errors, bias and regulatory scrutiny that can affect performance and liability.

going concern financial

"leading to “substantial doubt” about its ability to continue as a going concern."

Going concern is the accounting assumption that a company will keep operating and meeting its obligations for the foreseeable future. The phrase matters most when a company or its auditors disclose substantial doubt about it, a formal warning that the business may not have enough resources to continue without raising money, restructuring, or selling assets. That language in a filing or press release signals elevated financial risk.

series b preference shares financial

"designating 4,000,000 authorised but unissued shares as Series B Preference Shares, each carrying 200 votes"

Series B preference shares are a class of preferred stock issued during a company's later private funding round; they give holders priority over common shareholders for dividends and for receiving money if the company is sold or liquidated. Think of them as a “first-in-line” ticket that can also often be converted into ordinary shares or carry special voting or protective rights, so they matter to investors because they shape potential returns, downside protection, ownership percentage, and future dilution.

promissory note financial

"relied on a $1,000,000 promissory note from key managers at a 6% rate"

A promissory note is a written IOU in which one party promises to pay a specific sum, often with interest, to another party by a set date or on demand. Investors care because it functions like a loan: it creates a legal claim on future cash flows, carries credit and timing risk, and can affect valuation or liquidity—think of it as a formal, tradable promise to be repaid that can be assessed like any other debt investment.

u.s. gaap financial

"The company states it prepares financial statements in U.S. GAAP, has a U.S.-based auditor"

U.S. GAAP is a set of rules and standards that companies in the United States follow to prepare their financial reports. It helps ensure that financial information is consistent and clear, so investors and others can compare and understand a company's financial health easily.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SHENZHEN, China, March 04, 2026 (GLOBE NEWSWIRE) -- Skillful Craftsman Education Technology Co., Ltd. (“Skillful Craftsman” or the “Company”) (NASDAQ: EDTK), a company specializing in educational technology innovation, artificial intelligence (AI) skills training, and digital transformation for educational institutions, today announced that its wholly-owned subsidiary, Shenzhen Qianhai Jisen Information Technology Co., Ltd. (“Jisen”), has entered into an AI Technology Service and Product Sales Agreement (the “Agreement”) with an auto insurance service company in China. Pursuant to the Agreement, Jisen will provide its self-developed Communication Skills Learning (CSL) intelligent communication assistance product and related supporting services to the customer and assist it enhancing efficiency in scenarios such as employee training, customer service communication & support, and sales script optimization. The technical service and product usage fees under the Agreement are on a monthly fee basis. The monthly service fee (exclusive of tax) is RMB 100,000 per month (approximately $14,493). The term of the Agreement is 12 months, commencing from February 25, 2026, and ending on February 24, 2027. This Agreement represents the first commercial deployment of the Company’s proprietary Communication Skills Learning AI-assisted product to a corporate customer, aligning with its strategic focus on developing AI products that enhance communication proficiency.

The AI-assisted platform of Skillful Craftsman is an AI tool specifically designed for communication scenarios, focusing on expression optimization and relationship management. Its core functionalities include scenario and emotion intelligent sensing, communication strategy and goal management, personalized expression optimization, and a closed-loop learning mechanism.

Mr. Bin Fu, Chief Executive Officer of Skillful Craftsman, commented, “This contract validates the market demand for our CSL technology in commercial applications. Securing our first business customer demonstrates the practical value and broad applicability of our AI platform in optimizing professional communication and improving corporate productivity.”

About Skillful Craftsman Education Technology Limited

Skillful Craftsman Education Technology Limited (“Skillful Craftsman” or the “Company”) is focused on advancing educational technology innovation, artificial intelligence (AI) skills training and digital transformation for educational institutions. The Company’s intelligent learning platforms and teaching management systems help companies and educational organizations achieve more effective training, teaching and learning experiences. The Company is committed to promoting learning innovation through the integration of artificial intelligence and digital technology, and creating efficient, intelligent and sustainable education solutions. For more information, please visit the Company’s website at ​edtk.ai.

Safe Harbor Statement

This report contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements represent the beliefs, projections, and predictions of the Company about future events. All statements other than statements of historical fact are forward-looking statements. Words such as “may,” “will,” “should,” “could,” “would,” “predicts,” “potential,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” and similar expressions, as well as statements in the future tense, identify forward-looking statements. These statements are based on information available at the time they are made and reflect the management’s beliefs as of that time. However, they are subject to known and unknown risks, uncertainties, and other important factors that could cause actual results, performance, or achievements to differ materially from any future results, performance, or achievements described in or implied by such statements. Forward-looking statements should not be read as a guarantee of future performance or results and will not necessarily be accurate indications of the times by which, or whether, our performance or results may be achieved. The Company disclaims any intention to, and undertakes no obligation to, update or revise any forward-looking statement.

For investor and media inquiries, please contact:

Skillful Craftsman Education Technology Limited
Investor Relations Department
Mello Bai, Corporate Secretary
Email: mello.bai@edtk.ai

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Skillful Craftsman (EDTK) announce on March 4, 2026 about its CSL product?

It announced a 12-month commercial agreement to deploy its CSL AI product to an auto insurance service company. According to the company, the contract starts Feb 25, 2026 with a monthly fee of RMB 100,000 (exclusive of tax).

How much revenue does the EDTK contract with the auto insurer generate per month and term?

The contract specifies a monthly service fee of RMB 100,000, billed monthly for 12 months. According to the company, the term runs Feb 25, 2026 through Feb 24, 2027, creating a defined one-year revenue stream.

What business functions will EDTK’s CSL AI product support for the customer?

The CSL product will support employee training, customer service communication, and sales script optimization. According to the company, core features include scenario and emotion sensing, personalized expression optimization, and closed-loop learning.

Why is this contract significant for Skillful Craftsman (EDTK) investors?

It marks the company’s first corporate commercial deployment of its proprietary CSL product, indicating product-market validation. According to the company, the deal demonstrates demand for AI-assisted communication tools in commercial settings.

When does the EDTK Jisen agreement with the auto insurance company become effective?

The Agreement commences on Feb 25, 2026 and terminates on Feb 24, 2027. According to the company, fees are charged monthly and are exclusive of tax.