NetClass Technology shares surge 28.50% premarket after securing $1.67M AI service contract and launching CEPA English testing system.

NetClass Technology surged 28.50% in premarket trading following the announcement of a $1.67 million AI-service contract, the launch of its AI-powered CEPA English Proficiency Testing System, and industry recognition for its AI English Go platform. The contract signifies commercial traction in AI application services, while the CEPA platform’s deployment underscores product innovation and scalability in the education technology sector. Additionally, the Second Prize for Outstanding Paper awarded to AI English Go by the Shanghai Educational Technology Association validates the company’s technical expertise and enhances market visibility. Collectively, these developments reflect NetClass’s phased progress in AI commercialization, aligning with the stock’s sharp premarket rise.