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NetDragon's Online Education Products Support Online Learning amid No-School Period

NetDragon Websoft Holdings Limited ("NetDragon" or "the Company", Hong Kong Stock Code: 777) announces that the Company's online education platform One Stop Learning is introducing a new service plan to provide live-streaming of courses for over 10 million users free of charge. This effort is in response to the novel coronavirus spread and subsequent closing of schools in China and other locales. NetDragon also offers online interactive education platform and resources to teachers and students in Hong Kong and Macau to continue virtual schooling for free.

On 1 February, the Fuzhou Bureau of Education published the "Guidelines on proper management of education for primary, secondary, and vocational schools amidst postponement of school semesters". The guidelines state that NetDragon's One Stop Learning is chosen as the official platform in support of Fuzhou's "Continuous Learning amid School Suspension" mandate. NetDragon's One Stop Learning platform will facilitate online learning of over one million teachers and students as well as several million parents.

In addition to One Stop Learning, NetDragon is offering its integrated software for lesson preparation and delivery, 101 Education PPT, to all teachers in China free of charge, to facilitate online lesson preparation and delivery.

In Hong Kong and Macau, classes are also tentatively suspended until March or later. As such, Edmodo, a subsidiary of NetDragon, will continue to support online interactive learning during the period. On the Edmodo platform, teachers can share reading materials and educational videos with the class, along with online discussions.