Skillful Craftsman Education Technology Limited·Consumer Defensive

Skillful Craftsman Education Technology Limited (NASDAQ: EDTK - Get Free Report) was the recipient of a large drop in short interest during the month of March. As of March 13th, there was short interest totaling 168 shares, a drop of 58.8% from the February 26th total of 408 shares. Currently, 0.0% of the shares of the

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.
Skillful Craftsman Education Technology Limited provides vocational online education and technology services to college students and graduates in the People's Republic of China. The company's education services cover a range of subjects, including vocational, continuing, basic, and higher education. It operates three education platforms, including the Lifelong Education Public Service Platform that offers approximately 200 courses; Vocational Training platform, which provides 642 courses covering mechanics, electronics, auto repair, and construction subjects; and Virtual Simulation Experimental Training platform that offers 12 experimental programs. The company also offers technology services, including software development and maintenance, hardware installation, and testing and related consulting and training services; and cloud services for private companies, academic institutions, and government agencies. In addition, it provides financial education services through financial investment educational platform, which offers global securities market, basic securities knowledge, fundamental analysis, and technical analysis courses; and flexible employment service by providing recruitment outsourcing services for employer's permanent staff hires. The company was founded in 2013 and is headquartered in Wuxi, the People's Republic of China.
Consumer Defensive
Education & Training Services
71
2020-07-23
-0.49