NETSOL Technologies' subsidiary in China achieved National High-Tech Enterprise certification, enhancing local R&D and delivery capabilities.
Quiver AI Summary
NETSOL Technologies, Inc. announced that its subsidiary, Tianjin Nuojin Zhicheng Technology Co., Ltd., has received China’s National High-Tech Enterprise certification, which acknowledges its strong R&D capabilities and technological innovation system. This certification signifies that NETSOL has established a compliant, local technology entity in China, enhancing its regional R&D and delivery capabilities to support customer regulatory needs and system stability. The company plans to leverage these capabilities to collaborate more deeply with various financial institutions and automotive groups in China while providing compliant and innovative technology services. NETSOL's commitment to maintaining high global technical standards alongside localized execution is underscored by this achievement, which positions the company as a significant player in the Chinese market.
Potential Positives
- NETSOL Technologies, Inc. has achieved National High-Tech Enterprise certification for its subsidiary in China, marking a significant validation of its independent R&D capabilities and technological innovation.
- This certification enhances NETSOL's local R&D and delivery capabilities in China, allowing for better support of customer needs, particularly in regulatory compliance and system stability.
- The successful establishment of a compliant local technology entity solidifies NETSOL's strategic presence in the Chinese market, positioning the company as a trusted partner for financial institutions and automotive groups.
- The recognition underscores NETSOL's commitment to innovation and long-term investment in technology, which can further drive its growth in the Asia-Pacific region.
Potential Negatives
- The press release relies heavily on the newly acquired certification, which may indicate that the company needed third-party validation to boost its credibility in a competitive market.
- The emphasis on regulatory compliance suggests that NETSOL may have faced challenges in adapting to China’s complex regulatory environment, which could imply potential operational risks.
- The mention of 'risks and uncertainties' in the forward-looking statements section may raise concerns among investors regarding the company's ability to predict future performance effectively.
FAQ
What is the National High-Tech Enterprise certification?
The National High-Tech Enterprise certification is a state-level evaluation of a company's independent R&D capabilities and technological innovation system in China.
How does NETSOL Technologies support automotive finance in China?
NETSOL Technologies provides advanced solutions for automotive finance, including leasing and financing services through its local subsidiary in China.
What role does Tianjin Nuojin Zhicheng play in NETSOL's operations?
Tianjin Nuojin Zhicheng handles core R&D, project implementation, delivery, and technical support for NETSOL across China and the Asia-Pacific region.
Why is this certification important for NETSOL in China?
This certification enhances NETSOL's local R&D and delivery capabilities, ensuring compliance with regulations and meeting customer needs effectively.
What future plans does NETSOL have after receiving this certification?
NETSOL aims to deepen collaboration with financial institutions and industry partners in China leveraging its certified local R&D capabilities.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$NTWK Insider Trading Activity
$NTWK insiders have traded $NTWK stock on the open market 3 times in the past 6 months. Of those trades, 3 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $NTWK stock by insiders over the last 6 months:
- NAJEEB GHAURI (CEO) has made 3 purchases buying 7,664 shares for an estimated $22,679 and 0 sales.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$NTWK Revenue
$NTWK had revenues of $15M in Q1 2026. This is an increase of 2.83% from the same period in the prior year.
You can track NTWK financials on Quiver Quantitative's NTWK stock page.
$NTWK Hedge Fund Activity
We have seen 15 institutional investors add shares of $NTWK stock to their portfolio, and 9 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- PERRITT CAPITAL MANAGEMENT INC removed 130,542 shares (-64.6%) from their portfolio in Q3 2025, for an estimated $620,074
- HRT FINANCIAL LP added 23,183 shares (+inf%) to their portfolio in Q3 2025, for an estimated $110,119
- RENAISSANCE TECHNOLOGIES LLC added 22,300 shares (+4.9%) to their portfolio in Q3 2025, for an estimated $105,925
- TOPLINE CAPITAL MANAGEMENT, LLC removed 20,421 shares (-4.4%) from their portfolio in Q3 2025, for an estimated $96,999
- IFP ADVISORS, INC added 16,794 shares (+33588.0%) to their portfolio in Q3 2025, for an estimated $79,771
- UBS GROUP AG removed 16,082 shares (-69.6%) from their portfolio in Q4 2025, for an estimated $48,728
- GOLDMAN SACHS GROUP INC added 13,901 shares (+inf%) to their portfolio in Q3 2025, for an estimated $66,029
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
TIANJIN, China, Feb. 04, 2026 (GLOBE NEWSWIRE) -- NETSOL Technologies, Inc. (Nasdaq: NTWK), a provider of AI-enabled solutions and services enabling OEMs, dealerships and financial institutions to sell, finance and lease assets, announced that NETSOL China’s wholly-owned subsidiary, Tianjin Nuojin Zhicheng Technology Co., Ltd., has successfully passed China’s National High-Tech Enterprise certification and has subsequently been awarded the ‘National High-Tech Enterprise Certificate’.
This certification is an authoritative, state-level evaluation of a company’s core independent R&D capabilities and technological innovation system. It signifies that NETSOL has established a local technology entity in China that meets national technical and regulatory requirements, providing a solid foundation for long-term, sustainable R&D and delivery operations. The certification will further strengthen NETSOL’s local R&D and delivery capabilities in China and better support customer needs for regulatory compliance, system stability and continuous iteration.
As a wholly-owned subsidiary of NETSOL in China, Tianjin Nuojin Zhicheng Technology Co., Ltd. operates under NETSOL’s globally unified product architecture, technical standards and delivery methodology. It undertakes and executes core system R&D, project implementation and delivery, and technical support for NETSOL across China and the Asia-Pacific region.
Focusing on the automotive finance and leasing sectors, the NETSOL China team has developed powerful and scalable capabilities spanning core system research and development, the systematic implementation of China-specific business rules and regulatory compliance requirements, the engineering delivery of large-scale and complex projects, and the design of system architectures capable of supporting high-concurrency, high-availability financial business scenarios.
“NETSOL’s success in China reflects our long-term commitment to building real, in-country technology capability aligned with global standards,” said Najeeb Ghauri, Founder and CEO of NETSOL Technologies Inc. “This recognition as a National High-Tech Enterprise represents authoritative validation of NETSOL China’s strengths, acknowledging the team’s technical depth, the maturity of its R&D and its ability to sustain continuous innovation over the long-term. It underscores the strength of our engineering culture, our investment in innovation and our confidence in China as a strategic pillar of NETSOL’s global growth.”
“This achievement is a direct result of our team’s deep understanding of China’s regulatory and business environment, combined with NETSOL’s global Transcend Finance platform,” added Amanda Li Linjie, General Manager of NETSOL Technologies China. “It affirms our ability to deliver complex, mission-critical systems locally while continuing to evolve alongside our clients and the market.”
“Leveraging its nationally certified local R&D and delivery capabilities, NETSOL looks forward to deeper collaboration in the Chinese market with financial institutions, automotive groups and industry partners from around the world,” she further stated.
In China, National High-Tech Enterprise status is not merely a qualification; it signifies inclusion within the core national evaluation framework for science and industry, reflecting a company’s ability to sustain long-term technology investment, stable R&D output and compliant operations.
The successful certification of Tianjin Nuojin Zhicheng further elevates NETSOL’s role in the Chinese market, positioning it as a local technology entity with independent R&D capabilities, long-term compliant operational capacity and continuous technological evolution.
This achievement also validates NETSOL’s operating model of ‘globally unified technical standards plus deep local execution in China’, enabling the company to provide long-term, stable, compliant and trustworthy technology and delivery services to multinational and domestic financial institutions in a highly regulated and complex market environment.
About NETSOL Technologies
NETSOL Technologies delivers state-of-the-art solutions for the asset finance and leasing industry, serving automotive and equipment OEMs, auto captives and financial institutions across over 30 countries. Since its inception in 1996, NETSOL has been at the cutting edge of technology, pioneering innovations with its asset finance solutions, and today leverages advanced AI and cloud services to meet the complex needs of the global market. Renowned for its deep industry expertise, customer-centric approach and commitment to excellence, NETSOL fosters strong partnerships with its clients, ensuring their success in an ever-evolving landscape. With a rich history of innovation, ethical business practices and a focus on sustainability, NETSOL is dedicated to empowering businesses worldwide, securing its position as the trusted partner for leading firms around the globe.
Forward-Looking Statements
This press release may contain forward-looking statements relating to the development of the Company's products and services and future operation results, including statements regarding the Company that are subject to certain risks and uncertainties that could cause actual results to differ materially from those projected. The words “expects,” “anticipates,” variations of such words, and similar expressions, identify forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, but their absence does not mean that the statement is not forward-looking. These statements are not guarantees of future performance and are subject to certain risks, uncertainties, and assumptions that are difficult to predict. Factors that could affect the Company's actual results include the progress and costs of the development of products and services and the timing of the market acceptance. The subject Companies expressly disclaim any obligation or undertaking to update or revise any forward-looking statement contained herein to reflect any change in the company's expectations with regard thereto or any change in events, conditions or circumstances upon which any statement is based.
Investor Relations Contact:
Investor Relations
+86 10 6568 2256
[email protected]