NetClass is a China-based B2B education technology company that sells software platforms and IT systems to schools, training institutions, corporations, and government agencies. Its two core product lines are Smart Campus Solutions — integrated IT systems that manage classrooms, student records, attendance, campus safety, and surveillance — and Mobile Learning Platforms, which allow organizations to host video courses, manage training programs, and track learner progress. NetClass sells directly to institutional customers under project-based or multi-year service contracts, typically one to three years in length. Revenue falls into two main buckets: application development services, which include custom software projects, hardware sales, and technical services; and SaaS subscriptions from its campus management and online learning platforms. NetClass HK also sells computing hardware and software packages to Hong Kong customers, with a single customer, Gallop Trading, representing a large share of total revenue. A small and nascent AI computing power resale business, where NetClass buys capacity from third-party providers and resells it at a spread, launched in 2025 but remains immaterial. Margins depend heavily on the mix of hardware versus software, with hardware carrying lower margins. Historically focused on Shanghai and eastern China, NetClass has expanded into Hong Kong and is pivoting its headquarters to Singapore to target Southeast Asian markets, while also pursuing Japan through a recently acquired subsidiary. The company completed its Nasdaq IPO in December 2024.