EDTK Skillful Craftsman Education Technology Ltd

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 6-K

 

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13A-16 OR 15D-16 UNDER

THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of April 2025

 

Commission file number: 001-39360

 

 

SKILLFUL CRAFTSMAN EDUCATION TECHNOLOGY LIMITED

 

 

Floor 4, Building 1, No. 311, Yanxin Road

Huishan District, Wuxi

Jiangsu Province, PRC 214000

(Address of Principal Executive Offices)

 

 

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F: Form 20-F ☒ Form 40-F ☐

 

 

 

INFORMATION CONTAINED IN THIS FORM 6-K REPORT

 

On March 31, 2025, Shenzhen Qianhai Jisen Information Technology Co., Ltd. (“Jisen”), a wholly owned subsidiary of Skillful Craftsman Education Technology Limited, a Cayman Islands exempted company (the “Company”) entered into a Technology Consulting Service Agreement (“Puda Agreement”) with Beijing Puda Education Technology Co., Ltd. (“Puda”), pursuant to which Jisen will provide professional skill training classes and support to Puda’s employees, design training programs based on the skill and career development needs of the employees and Puda, provide advices on use of education technology products, provide vocational education related consulting services and maintenance of educational training materials and equipment for Puda. The term of the Puda Agreement is from April 1, 2025 to March 31, 2026 and the total consulting service fee is RMB 5.2 million (approximately $707,482) including taxes, of which RMB 2.08 million (approximately $282,993) should be paid before September 30, 2025 and the remaining RMB 3.12 million (approximately $424,489) should be paid before March 31, 2026.

 

On March 31, 2025, Shenzhen Qianhai Jisen Information Technology Co., Ltd. entered into a Technology Service Agreement (“Prepshine Agreement”) with Prepshine Holdings Co., Limited (“Prepshine”), pursuant to which Jisen will provide technology development and consulting services to Prepshine, including data system technology development services and technology consulting services for optimizing information technology decision-making plan, risk control strategies and information comparison needs. The term of the Prepshine Agreement is from April 1, 2025 to March 31, 2026 and the consulting service fee is RMB 10 million (approximately $1.36 million) including taxes, of which RMB 4 million (approximately $544,218) should be paid before September 30, 2025 and the remaining RMB 6 million (approximately $816,327) should be paid before March 31, 2026.

 

On April 2, 2025, the Board of Directors of the Company approved to move its principal executive offices from Floor 4, Building l, No. 3ll, Yanxin Road, Huishan District, Wuxi, Jiangsu Province, PRC 214000 to 7th Floor, West Lobby, Building 7B, Shenzhen Bay Science and Technology Ecological Park, Nanshan District, Shenzhen, Guangdong Province, PRC 518000 as the Company currently conducts its business primarily through Shenzhen Qianhai Jisen Information Technology Ltd., a wholly owned subsidiary of the Company, located in Shenzhen China. The Company’s main phone number is also changed to 86- 0755 26652763.

 

The foregoing description is merely a summary of the Puda Agreement and Prepshine Agreement (“Agreements”) and therefore does not purport to be complete and is qualified in its entirety by reference to the Agreements, copies of which are attached hereto as Exhibit 10.1 and Exhibit 10.2 and are incorporated by reference herein.

 

Exhibits Index

 

Exhibit No.		Description
10.1		Technology Consulting Service Agreement between Shenzhen Qianhai Jisen Information Technology Co., Ltd. and Beijing Puda Education Technology Co., Ltd.  dated March 31, 2025.
10.2		Technology Service Agreement between Shenzhen Qianhai Jisen Information Technology Co., Ltd. and Prepshine Holdings Co., Limited dated March 31, 2025.

 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

	SKILLFUL CRAFTSMAN EDUCATION TECHNOLOGY LIMITED
	(Registrant)
	By:	/s/ Bin Fu
	Name:	Bin Fu
	Title:	Chief Executive Officer

 

Date: April 4, 2025

 

 

 

Exhibit 10.1

 

Technology Consulting Services Agreement

 

Party A: Beijing Puda Education Technology Co. Ltd.

 

Address: No. 75 Suzhou Street, Haidian District, Beijing 010-82605578

 

Party B: Shenzhen Qianhai Jisen Information Technology Co. Ltd.

 

Address: Room 201, Building A, No. 1 Qianwan 1st Road, Qianhai Shenzhen Shenzhen-Hong Kong Cooperation Zone, Shenzhen, China

 

Party A is satisfied with the technology consulting service provided by Party B after the cooperation from November 1, 2024 to March 31, 2025, and plans to continue to cooperate with Party B. According to the relevant laws and regulations, the following agreement is reached and abided by both parties. Parties agree to sign this agreement in accordance with the following terms.

 

I.	Content of cooperation

 

	1、	Party B agrees to provide to Party A, and Party A agrees to accept from Party B, the services set out in this agreement.
	2、	Any party may not assign its rights, obligations and/or liabilities under this agreement to a third party without the prior written permission of the other party;
	3、	Party A agrees that it will provide Party B with the relevant data and necessary information necessary for the completion of the cooperation, and will operate in accordance with the program provided by Party B;
	4、	Party B agrees to provide Party A with standard services within its capacity to meet Party A’s reasonable needs in information technology matters.

 

 

II.

Services

 

The technical consulting services provided by Party B to Party A include:

 

	1.	Provide professional skill training classes and support to PartyA’s employees, both face-to-face and online;
	2.	According to the employee’s skill and career development needs and the company’s current situation, design the training program to match the career development needs, provide the employees what they need for development, and help the company complete its talent strategy
	3.	Provide advice on the use of educational technology products;
	4.	Provide counseling services on vocational education;
	5.	Provide educational training materials and educational equipment maintenance services.

 

III.	Duration of service

 

	1、	Term of Service: April 1, 2025 to March 31, 2026
	2、	The agreement will be automatically terminated upon expiration if there are no objections from both parties.
	3、	Both parties have the right to initiate termination of this Agreement by giving 30 working days’ written notice to the other party and reaching a unanimous written agreement.

 

IV.	fee settlement

 

	1、	Party A shall pay Party B the consulting fee required for the provision of the consulting service in a timely manner, and the “Total Service Fee” shall be RMB5,200,000.00 (five million two hundred thousand rounds) inclusive of tax.
	2、	Party A shall pay the service fee in the amount of RMB 2,080,000.00 (two million eight hundred thousand rounds) by September 30, 2025; and RMB 3,120,000.00 (three million one hundred and twenty thousand rounds) by March 31, 2026; and Party B shall issue a VAT invoice of the corresponding amount to Party A within five working days after receiving the service fee.
	3、	Both parties agree that the relevant VAT amount shall be borne by Party A; the applicable VAT rate is the then effective rate by the General Administration of Taxation. In case of small differences in the VAT amount, the actual invoiced amount shall prevail.
	4、	Your bank account information is as follows:

 

Account Name: Shenzhen Qianhai Jisen Information Technology Co. Ltd.

Bank of deposit: Shenzhen Construction Bank Yuanboyuan Sub-branch

Account number:

 

 

V.	Change of Services

 

	1、	Changes to this agreement must be agreed upon by both parties to be effective. Either party may request changes to the Data Processing and Analysis Services. Any request for changes must be submitted in writing;
	2、	Depending on the scope and complexity of the change request, Party A and Party B may negotiate the costs to be incurred in realizing the change request;
	3、	The party requesting the change shall submit a written request describing the change, the reasons for the change and the effect the change will have, and submit it to the other party for discussion, and the receiving party shall notify the proposing party of its decision within three weeks of receipt of the request.

 

VI.	Data protection

 

	1、	Ownership of Data: Party B acknowledges that all Customer Data and rights relating thereto shall remain the sole property of Party A that will retain all rights subsisting in such data;
	2、	Protection: Party B shall take all necessary measures to safeguard the data for a specified period of time in accordance with current accepted business practices and guidelines issued by regulatory bodies with adjudicative powers to ensure the security and integrity of all data and to prevent the destruction, modification and loss of data;
	3、	Party B must keep the data and all information related to the services confidential at all times and shall not use the data for any purpose other than the fulfillment of its obligations under this Agreement (except as otherwise provided by the laws, regulations and regulatory requirements of the PRC);
	4、	Without Party A prior written consent, Party B shall not disclose the Data (whether in whole or in part) to any person except as may be necessary for the consideration and purpose of this Agreement or as may be required by the laws and/or legal requirements of the PRC.

 

VII.	Confidentiality

 

Either party will treat all information relating to the business of the other party as business secrets and is obliged to keep it confidential and not to disclose any information obtained at the time of the negotiation of this agreement or during the agreement period to any third party (unless otherwise provided for by PRC laws and regulations and regulatory requirements).

 

VIII.

Force Majeure

 

In case of national laws, policy adjustments and force majeure factors that make it impossible to continue the implementation of this agreement, the two parties shall terminate the agreement by mutual agreement without assuming the responsibility for breach of agreement, and the losses shall be borne by each party.

 

 

IX.	Breach of Agreement

 

If either party fails to fulfill or incompletely fulfills its obligations under the agreement, unless otherwise agreed, the other party has the right to demand that the breaching party be held liable for the breach of agreement and pay a breaching fee at the rate of 10% of the fee in the agreement, and to demand that the breaching party to pay compensation for the damages.

 

X.	Dispute resolution

 

Any disputes arising from the fulfillment of this agreement shall be resolved by Party A and Party B through friendly consultation. If the negotiation fails, either party may file a lawsuit with the competent court in the place where Party B is located. The laws of mainland China shall apply to this Agreement, its conclusion, entry into force, validity, interpretation and fulfillment, and all matters relating to this Agreement.

 

XI.

Others

 

1、Any matters not covered in this agreement shall be resolved through consultation between the two parties and a supplementary agreement shall be signed; the supplementary agreement shall have the same legal effect as this agreement.

 

2、Party A’s contact person is: Xiaoxi Wang

 

3、Party B’s contact person is: BinYu Bai

 

4、This agreement shall enter into force after both parties have signed and sealed it. This agreement is in two copies and has the same legal effect.

 

(no text below)

 

 

(This page is a agreement signature page)

 

Party A: Beijing Puda Education Technology Co. Ltd.

 

(Stamped)

 

Legal representative/authorized representative:

 

Date: March 31, 2025

 

Party B: Shenzhen Qianhai Jisen Information Technology Co. Ltd.

 

(Stamped)

 

Legal representative/ authorized representative

 

Date: March 31, 2025

 

 

Exhibit 10.2

 

Technology Service Agreement

 

Party A: Prepshine Holdings Co., Ltd.

 

Address: 5/F, Dingjun Building, No. 75 Suzhou Street, Haidian District, Beijing, China

 

Party B: Shenzhen Qianhai Jisen Information Technology Co. Ltd.

 

Address: Room 201, Building A, No. 1 Qianwan 1st Road, Qianhai Shenzhen Shenzhen-Hong Kong Cooperation Zone, Shenzhen, China

 

Party A is satisfied with the technical consulting service provided by Party B after the cooperation from November 1, 2024 to March 31, 2025, and plans to continue to cooperate with Party B. Now the two parties, in accordance with the provisions of the Civil Code of the People’s Republic of China and relevant laws and regulations, and after friendly consultation, enter into this agreement for mutual compliance:

 

I. Services

 

Party A commissions Party B to provide technology development and technical consulting services for it, the specific services are as follows:

 

1. Party B provides data system technology development services for Party A’s information technology development data;

 

2. Party B provides technical consulting services for Party A’s optimizing information technology decision-making solutions, risk control strategies and information comparison needs.

 

II. Rights and obligations of the parties

 

(i) Rights and obligations of Party A

 

1. Party A guarantees that it has the right to sign this Agreement and use the services provided by Party B within the scope permitted by law.

 

2. Party A shall pay Party B the corresponding service fee in accordance with this Agreement.

 

 

3. Party A shall provide Party B with the necessary support.

 

4. Party A has the right to supervise Party B’s performance, and the means of supervision include, but are not limited to, regular spot checks.

 

(ii) Party B’s rights and obligations.

 

1. Party B warrant that it has the right to sign this Agreement.

 

2. Party B provides services to Party A in accordance with the program confirmed by both parties.

 

3. Party B guarantees that the technical services provided by it are stable and can be operated well in the long term.

 

4. Party B shall carry out data docking in accordance with Party A’s format requirements, and provide technology development services and technical consulting services that meet Party A’s requirements.

 

5. Party B has the right to collect service fees from Party A in accordance with this Agreement.

 

III. Settlement of fees

 

1. Payment of Service Fee: “Total Service Fee” is RMB 10,000,000.00 including tax (RMB 10,000,000); both parties agree that the relevant VAT tax shall be borne by Party A; the applicable VAT rate is the then effective rate of the General Administration of Taxation. In case of small differences in VAT amount, the actual invoiced amount shall prevail.

 

 

2. The parties agree that: 1) Payment of service fee of RMB 4,000,000.00 by September 30, 2025, (RMB four hundred thousand rounds); 2) Payment of service fee of RMB 6,000,000.00 by March 31, 2026, (RMB six hundred thousand rounds);

 

Party B shall issue a VAT invoice of the corresponding amount to Party A within 5 working days after receiving the service fee.

 

3. Party B’s collection account number is:

 

Account Name: Shenzhen Qianhai Jisen Information Technology Co. Ltd.

 

Bank of deposit: Shenzhen Construction Bank Yuanboyuan Sub-branch

 

Account number:

 

IV. Liability for breach of contract

 

1. If one of the parties to the agreement refuses to fulfill its obligations or violates the agreement, the other party has the right to suspend cooperation with it and request it to make corrections: If it suffers losses, it has the right to demand compensation for direct economic losses.

 

2. The defaulting party shall immediately stop and correct the defaulting behavior on the date of receiving the written notice from the other party requesting it to correct the defaulting behavior. If the defaulting party continues the default behavior, the other party has the right to unilaterally terminate this agreement after written notification, and retains all the rights to pursue the subsequent liability, and has the right to demand the defaulting party to compensate for the complying party for the direct economic losses caused by the breaching party and the related costs relating to the collections, including, but not limited to, the attorney’s fees, litigation costs, and so on.

 

 

V. Force majeure

 

1, In this agreement, force majeure refers to unforeseen, cannot be avoided and cannot be overcome by objective circumstances, including: war, fire, floods, typhoons, earthquakes, policy changes, the widespread spread of sudden infectious diseases, or other human force irresistible events.

 

2, Either party due to force majeure reasons cannot fulfill the agreement, should promptly notify the other party, and should provide written proof within 15 days after the above force majeure is over.

 

VI. Duration of cooperation

 

The term of cooperation shall be from April 1, 2025 to March 31, 2026.

 

2, Party A and Party B both have the right to terminate this agreement, but must be 30 working days in advance to the other party to send a written notice, and reach a written agreement.

 

VII. Dispute resolution

 

Disputes between Party A and Party B in the course of the fulfillment of this Agreement shall be resolved through negotiation; in the event that the negotiation fails to be resolved, the two parties agree to submit it to the Shenzhen International Arbitration Institute for arbitration to be resolved under the confidential arbitration process.

 

VIII. Other

 

l. The two parties may sign a supplementary agreement on any matter not covered by this Agreement. Either party to this Agreement may propose additions and amendments to the contents of this Agreement, but any additions and amendments can only be made in the form of a written document jointly sealed by both parties to the Agreement, and such documents are an effective part of this Agreement.

 

2. Party A’s contact person is: Xiaoxi Wang

 

3、Contact person of Party B is: BinYu Bai

 

4, This agreement in two copies, Party A and Party B both sides of one, with the same legal effect.

 

5. This Agreement shall enter into force after the official seal or special seal of the contract is affixed by both parties.

 

 

(The following is a signature page to the contract.)

 

Party A: Prepshine Holdings Co., Ltd

 

(Stamped)

 

Date of signing: March 31, 2025

 

Party B: Shenzhen Qianhai Jisen Information Technology Co.

 

(Stamped)

 

Date of signing: March 31, 2025

 

 

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