NETCLASS TECHNOLOGY INC Signed Strategic MOU with RunSun Cloud to Advance AI Computing and Application Development in Southeast Asia
NetClass Technology (Nasdaq: NTCL) announced an MOU on Oct 22, 2025 with Singapore-based RunSun Cloud to strengthen AI computing infrastructure and application development across Singapore and Southeast Asia.
The collaboration follows a three-year sales contract with HPC AI Technology, where initial six-month sales reached approximately $443,000. NetClass recently established a Singapore subsidiary, relocated its global headquarters to Singapore, and completed $2.4 million PIPE financing to support AI and blockchain initiatives.
NetClass Technology (Nasdaq: NTCL) ha annunciato il 22 ottobre 2025 un MOU con RunSun Cloud, con sede a Singapore, per rafforzare l'infrastruttura di calcolo AI e lo sviluppo di applicazioni in Singapore e nel Sud-Est asiatico.
La collaborazione segue un contratto di vendita triennale con HPC AI Technology, dove le vendite iniziali di sei mesi hanno raggiunto circa $443,000. NetClass ha recentemente costituito una filiale a Singapore, spostato la sede globale a Singapore e completato un finanziamento PIPE di $2.4 milioni per sostenere iniziative di IA e blockchain.
NetClass Technology (Nasdaq: NTCL) anunció un memorando de entendimiento el 22 de octubre de 2025 con RunSun Cloud, con sede en Singapur, para fortalecer la infraestructura de computación de IA y el desarrollo de aplicaciones en Singapur y el Sudeste Asiático.
La colaboración sigue a un contrato de ventas de tres años con HPC AI Technology, donde las ventas iniciales de seis meses alcanzaron aproximadamente $443,000. NetClass recientemente estableció una subsidiaria en Singapur, trasladó su sede mundial a Singapur y completó un financiamiento PIPE de $2.4 millones para apoyar iniciativas de IA y blockchain.
NetClass Technology (나스닥: NTCL)은 2025년 10월 22일 싱가포르에 본사를 둔 RunSun Cloud와 양해각서를 발표하여 싱가포르와 동남아시아 전역의 AI 컴퓨팅 인프라 및 애플리케이션 개발을 강화합니다.
이번 협력은 HPC AI Technology와의 3년간의 판매 계약에 따른 것이며, 처음 6개월 매출은 약 $443,000에 달했습니다. NetClass는 최근 싱가포르에 자회사를 설립하고 글로벌 본사를 싱가포르로 이전했으며, AI 및 블록체인 이니셔티브를 지원하기 위해 $2.4백만의 PIPE 자금 조달을 완료했습니다.
NetClass Technology (Nasdaq: NTCL) a annoncé le 22 octobre 2025 un protocole d'accord avec RunSun Cloud, basé à Singapour, afin de renforcer l'infrastructure de calcul IA et le développement d'applications à Singapour et dans le Sud-Est asiatique.
La collaboration fait suite à un contrat de vente de trois ans avec HPC AI Technology, où les ventes initiales sur six mois se sont élevées à environ $443,000. NetClass a récemment établi une filiale à Singapour, déplacé son siège mondial à Singapour et finalisé un financement PIPE de $2.4 millions pour soutenir les initiatives en IA et en blockchain.
NetClass Technology (Nasdaq: NTCL) gab am 22. Oktober 2025 eine Absichtserklärung mit RunSun Cloud mit Sitz in Singapur bekannt, um KI-Computing-Infrastruktur und Anwendungsentwicklung in Singapur und Südostasien zu stärken.
Die Zusammenarbeit folgt auf einen dreijährigen Verkaufsvertrag mit HPC AI Technology, bei dem die anfänglichen sechs Monate Verkäufe ca. $443,000 betrugen. NetClass hat kürzlich eine Niederlassung in Singapur gegründet, seinen globalen Hauptsitz nach Singapur verlegt und $2.4 Millionen PIPE-Finanzierung abgeschlossen, um Initiativen zu KI und Blockchain zu unterstützen.
NetClass Technology (Nasdaq: NTCL) أعلنت عن مذكرة تفاهم في 22 أكتوبر 2025 مع RunSun Cloud ومقرها في سنغافورة لتعزيز بنية تحتية للحوسبة بالذكاء الاصطناعي وتطوير التطبيقات عبر سنغافورة وجنوب شرق آسيا.
يأتي التعاون عقب عقد مبيعات لمدة ثلاث سنوات مع HPC AI Technology، حيث بلغت المبيعات في الأشهر الستة الأولى نحو $443,000. أنشأت NetClass مؤخرًا فرعًا في سنغافورة، ونقلت مقرها العالمي إلى سنغافورة، وأتمت تمويل PIPE بقيمة $2.4 مليون لدعم مبادرات الذكاء الاصطناعي والبلوكتشين.
NetClass Technology (纳斯达克：NTCL) 于 2025 年 10 月 22 日宣布与新加坡 RunSun Cloud 达成谅解备忘录，旨在加强新加坡及东南亚地区的 AI 计算基础设施与应用开发。
该合作是在与 HPC AI Technology 签署为期三年的销售合同之后进行的，前六个月的销售额约为 $443,000。NetClass 最近在新加坡设立了子公司，将全球总部迁往新加坡，并完成了 $2.4 百万 的 PIPE 融资，以支持 AI 和区块链计划。
- Initial six-month AI cloud sales of approximately $443,000
- Signed MOU with RunSun Cloud to expand AI computing in Southeast Asia
- Completed $2.4 million PIPE financing to support AI and blockchain innovation
- Established Singapore subsidiary and relocated global headquarters to Singapore
- MOU is a memorandum of understanding and does not itself guarantee future revenue
Insights
Partnership with RunSun Cloud expands AI compute access in Southeast Asia and links NetClass to NVIDIA's ecosystem.
Combining NetClass’s AI application skills with RunSun Cloud’s NCP-aligned infrastructure creates a clearer route to deploy generative AI and enterprise solutions across Singapore and the region.
Execution depends on integration speed, commercial terms, and customer uptake; the announcement cites an initial sales contribution of
Watch partnerships converting into multi-period contracts and capacity commitments over the next 6–18 months; meaningful upside requires signed customer deals, measurable deployment metrics, and clarity on commercial splitting and service SLAs by
Recent MOU plus prior sales and a
The prior three-year sales contract and the cited
Key risks include the scale of repeatable revenue, margin impact from infrastructure costs, and timing of customer conversions; the release lacks unit economics and contract renewal terms, limiting visibility into durable profitability.
Monitor quarterly revenue cadence, contract backlog conversion, and any disclosed service-level or pricing terms over the next 3–12 months to assess whether these initiatives materially lift recurring revenue and margins.
SINGAPORE and HONG KONG, Oct. 22, 2025 (GLOBE NEWSWIRE) -- NETCLASS TECHNOLOGY INC (Nasdaq: NTCL; the “Company” or “NetClass”), a leading B2B smart education IT solutions provider with offices in Shanghai, Hong Kong, Singapore and Tokyo, today announced that the Company has entered a Memorandum of Understanding (MOU) with RunSun Cloud Pte. Ltd., a Singapore-based computing service provider and one of NVIDIA’s global NCP partners, to collaboratively strengthen AI computing infrastructure and application development across Singapore and the broader Southeast Asian region.
This collaboration follows NetClass’s recent three-year sales contract with HPC AI Technology Pte. Ltd. to provide AI cloud services, with sales in the initial six-month term reaching approximately
This partnership represents another strategic milestone for NetClass following its recent initiatives, including the establishment of its Singapore subsidiary, relocation of its global headquarters to Singapore, and
“Our collaboration with RunSun Cloud marks a key step in accelerating NetClass’s AI ecosystem expansion and driving innovation in the region,” said Dr. Jianbiao Dai, Chairman and Chief Executive Officer of NetClass. “By combining our strengths in AI application development with RunSun’s powerful computing infrastructure, we are well-positioned to deliver transformative AI solutions that create sustainable value across industries.”
About NETCLASS TECHNOLOGY INC
NETCLASS TECHNOLOGY INC is a leading B2B smart education specialist with offices in Shanghai, Hong Kong, Singapore, and Tokyo, providing innovative IT solutions to schools, training institutions, corporations, public agencies, and other organizations. Our services include SaaS subscription services and application software development, with solutions spanning teaching and campus management, online teaching, examinations, epidemic prevention, data storage, EDC (Education Credit) blockchain systems, and lecturer evaluation services. Our mission is to deliver reliable, high-quality products that drive sustainable growth for our customers. For more information, please visit the Company’s website: https://ir.netclasstech.com
About RunSun Cloud Pte. Ltd.
RunSun Cloud Pte. Ltd. is a Singapore-based cloud service provider and one of NVIDIA’s global NCP partners, offering high-performance computing solutions to support AI-driven industries including Internet services, finance, and government. RunSun Cloud is recognized for its robust global deployment capabilities and continuous optimization of computing resources to empower innovation across sectors.
Forward-Looking Statements
All statements other than statements of historical fact in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “approximates,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may” or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward- looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the U.S. Securities and Exchange Commission.
For investor and media inquiries, please contact:
NETCLASS TECHNOLOGY INC
Investor Relations
Email: ir@netclasstech.com
Jackson Lin
Lambert by LLYC
Phone: +1 (646) 717-4593
Email: jian.lin@llyc.global
FAQ
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