Datasea Announces Sales Model Enhancement and Forges New Marketing Partnership to Expand Distribution of 5G Messaging Solutions
May 23 2022 - 8:30AM
Datasea Inc., (NASDAQ: DTSS) ("Datasea" or the "Company"),
incorporated in Nevada on September 2014, is a digital technology
corporation engaged in three converging and innovative business
segments: 5G messaging, acoustic intelligence, and smart city
technology in China. Today, the Company announced that Shuhai
Jingwei (Shenzhen) Information Technology Co., Ltd. ("Shuhai
Jingwei"), a subsidiary of the Chinese operating company
contractually controlled by the Company, has upgraded the sales
model, and entered into a marketing partnership agreement with
Shenzhen Daxin Jike Association (“Daxin Jike”) to further
strengthen presence of 5G Messaging solutions in China.
The Company has upgraded the sales model and adopted an
integrated sales strategy to boost sales to better promote business
development and meet with the demand of customers, which includes:
1) an expansion of the sales team for direct sales; 2) utilizing
sales and marketing partners; 3) joint marketing mode; 4) the
enterprise key customer project cooperation mode.
Daxin Jike shall work with Shuhai Jingwei under the marketing
partnership agreement. As a national association serving and
uniting technology companies, Daxin Jike has a large number of
small and medium-sized business customers who have extensive market
promotion needs. Daxin Jike intends to help its customers
accelerate their digital transformation initiatives in the
marketing by leveraging Shuhai Jingwei’s 5G integrated message
marketing cloud platform (“5G IMMCP”) and related 5G messaging
technology services and solutions.
“Our new partnership with Daxin Jike is an important milestone
in our continued transformation to a diversified product portfolio
with improving profit margin,” said Zhixin Liu, CEO of Datasea.
“The national scale of Daxin Jike ensures that we can reach
customers in the tech sector precisely, assist them to rapidly
deploy 5G IMMCP and empower their marketing efforts. This
represents an opportunity for Datasea to expand our go-to-market
reach through the co-selling efforts we have identified with
trusted partners.”
About Datasea Inc.Datasea Inc., through its
variable interest entity, Shuhai Information Technology Co., Ltd.,
a digital technology company in China, engages in three converging
and innovative industries: smart city, acoustic intelligence and 5G
messaging. Datasea leverages facial recognition technology and
other visual intelligence algorithms, combined with cutting-edge
acoustic and non-visual intelligence algorithms, to provide smart
city solutions that meet the security needs of residential
communities, schools and commercial enterprises. Most recently, in
response to the growing utilization of 5G technologies and the
overall initiative to utilize Datasea’s technology capabilities to
expand business coverage and revenue resources, Datasea has
also strategically expanded business coverage to 5G messaging and
smart payment solutions. Datasea has been certified as one of the
High-Tech Enterprises (jointly issued by the Beijing Science and
Technology Commission, Beijing Finance Bureau, Beijing State
Taxation Bureau and Beijing Local Taxation Bureau) and one of the
Zhongguancun High Tech Enterprises (issued by the Zhongguancun
Science Park Administrative Committee) in recognition of the
company’s achievement in high technology products. For additional
company information, please visit: www.dataseainc.com. Datasea
routinely posts important information on its website.
Cautionary Note Regarding Forward-Looking
Statements This press release contains forward-looking
statements within the meaning of Section 21E of the Securities
Exchange Act of 1934 and as defined in the U.S. Private Securities
Litigation Reform Act of 1995. These forward-looking statements can
be identified by terminology such as "will", "expects",
"anticipates", "future", "intends", "plans", "believes",
"estimates", "target", "going forward", "outlook," “objective” and
similar terms. Such statements are based upon management's current
expectations and current market and operating conditions, and
relate to events that involve known or unknown risks, uncertainties
and other factors, all of which are difficult to predict and which
are beyond Datasea's control, which may cause Datasea's actual
results, performance or achievements (including the RMB/USD value
of its anticipated benefit to Datasea as described herein) to
differ materially and in an adverse manner from anticipated results
contained or implied in the forward-looking statements. Further
information regarding these and other risks, uncertainties or
factors is included in Datasea's filings with the U.S. Securities
and Exchange Commission, which are available at www.sec.gov.
Datasea does not undertake any obligation to update any
forward-looking statement as a result of new information, future
events or otherwise, except as required under law.
Investor and Media Contact: International
Elite Capital Inc. Annabelle ZhangTelephone: +1(646)
866-7989 Email: Datasea@iecapitalusa.com
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