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Skillful Craftsman Education Announces Key Hires for New Business Expansion Initiatives

1. EDTK hires Chunyang Yuan as CTO to drive innovation. 2. New CPO Jie Ma specializes in product management and AI integration. 3. Company focuses on technological advancements in education industry. 4. Key hires expected to accelerate business growth through new technology.

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Why Bullish?

The addition of experienced professionals in tech leadership positions suggests a strong growth potential for EDTK, akin to historical growth seen in tech firms post-executive changes.

How important is it?

The strategic hiring of key personnel directly correlates with potential innovation and growth, critically affecting investor sentiment and future company performance.

Why Long Term?

The impact of strategic hires on product development and company growth likely unfolds over multiple quarters, echoing patterns observed in similar tech companies after key leadership changes.

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BIDUMEITAAPL
Shenzhen, China, May 12, 2025 (GLOBE NEWSWIRE) -- Skillful Craftsman Education Technology Limited ("Skillful Craftsman" or the "Company") (NASDAQ: EDTK), a pioneering education technology company that offers interactive online learning services, today announced the hiring of two experienced professionals to help drive new product/service innovation and accelerate business growth. Mr. Chunyang Yuan, the newly hired Chief Technology Officer of the Company, is a senior software development engineer with more than 20 years of software development experience and 8 years of working experience in multinational software companies, and more than 10 years of R&D team management experience. Mr. Yuan is well versed in machine learning and artificial intelligence technologies, especially in the field of human-computer interaction, dialogue systems and big models. Mr. Yuan has led the successful incubation of several products from development to launch at Meituan, a leading Chinese technology-driven retail and local services platform, and has achieved significant results in the business implementation of AI and innovative products. In addition, Mr. Yuan has deep experience in entrepreneurship and driving the deep integration of technology and business through innovation and efficient management. Mr. Jie Ma, the newly hired Chief Product Officer of the Company, is a senior product expert with over 12 years of experience in product management. His career history includes well-known internet companies such as Baidu, a leading Chinese technology company primarily focused on search engineering, AI and internet-related services, and Meituan. Mr. Ma is deeply engaged in the field of AI, and highly skilled at building and bringing innovative products to life, and generating markets for them. Mr. Ma has overseen the development of product strategy, operation processes and tool development, strategy optimization, and user experience assurance. Mr. Ma has also successfully promoted the scale application of AI outbound robots of Meituan's business lines. Mr. Ma is expert at driving projects from inception to launch, and has led the development of the innovative products Baidu Chance App and Baidu Cloud Map. About Skillful Craftsman Education Technology Limited Skillful Craftsman Education Technology Limited ("Skillful Craftsman" or the "Company") is focused on advancing technological innovation in education through the digital transformation of educational institutions. The Company’s intelligent learning platforms and teaching management systems help educational organizations achieve more effective teaching, enhanced student outcomes and stronger connections in education communities. 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. 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 LimitedInvestor Relations DepartmentMello Bai, Corporate SecretaryEmail: mello.bai@kingwayedu.cn

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