BEIJING, Sept. 7,
2023 /PRNewswire/ -- Datasea Inc., (NASDAQ:
DTSS) ("Datasea" or the "Company"), a Nevada incorporated digital technology
corporation engaged in converging and innovative business segments
for intelligent acoustics and 5G messaging technology in
China, today announced that
Datasea's Chinese operating entity, Shuhai Information Technology
Co., Ltd. ("Shuhai Beijing"), together with Heilongjiang Xunrui
Technology Co., Ltd ("Xunrui Technology), Shuhai Jingwei
(Shenzhen) Information Technology
Co., Ltd. ("Shuhai Jingwei") and Guozhong
Times (Beijing) Technology
Co., Ltd.("subsidiaries") have entered into agreements with two
prominent new clients: Hainuo Xintong (Qingdao) Network Technology Co., Ltd.
("Hainuo") and Shenzhen Qiake Technology Co., Ltd. ("Shenzhen
Qiake") This current move aims to bolster our 5G messaging top-up
services, catering to a broader spectrum of industries within the
Chinese market.
These agreements enable Hainuo and Shenzhen Qiake to purchase 5G
message virtual recharge cards in various denominations ranging
from ¥10 to ¥500 RMB ($1.38 to
$69.4) over the course of the 12
months of the agreements. In just the few short weeks since the
agreements were signed with Hainuo and Shenzhen Qiake, Shuhai
Beijing and its subsidiaries have provided 5G messaging top-up
services valued at approximately $1.89
million (RMB 13.80 million).
In addition to the new agreements, our ongoing services to
pre-existing clients have generated approximately $1.06 million (RMB 7.71
million) in revenue providing for the month of August
alone.
Hainuo and Shenzhen Qiake operate in various industry sectors
and serve a diverse and geographically dispersed customer base in
China. Shuhai Beijing and its
subsidiaries offer these clients comprehensive 5G messaging
services, including multiple top-up plans, data interfaces, and a
streamlined 5G messaging payment platform.
Datasea's CEO, Zhixin Liu,
commented, "The addition of these new clients to our 5G messaging
services portfolio underscores the growing demand for enhanced 5G
capabilities in the Chinese market. It reaffirms our commitment to
providing efficient and customized recharge solutions that meet the
needs of our diverse clientele."
About Datasea Inc.
Datasea Inc., was incorporated in Nevada on September
2014 and listed on the NASDAQ Capital Market on December 21, 2018 under the symbol DTSS. Datasea
is a leading provider of products, services, and solutions for
enterprise and retail customers in converging and innovative
industries, Intelligent Acoustics and 5G messaging business,
especially focusing on ultrasonic, infrasound and directional sound
technology. Datasea leverages cutting-edge technologies in the
realm of intelligent acoustics, especially harnessing the power of
ultrasonic sterilization to combat viruses and prevent human
infections. Alongside this, the company delves into innovations in
directional sound and medical ultrasonic cosmetology. With a
diverse product lineup, Datasea is devoted to enhancing the quality
of life using sound-based solutions. In a strategic move to mark
its presence in the global arena, Datasea established a
wholly-owned subsidiary, Datasea Acoustics LLC, in Delaware, USA, on July
31, 2023. This venture underlines Datasea's dedication to
"Intelligent Acoustics" and marks its ambition to offer avant-garde
antiviral acoustic solutions at ultrasonic disinfection and
sterilization, ultrasonic cosmetology, acoustic medical care, and
acoustic agriculture to the US and international market, reaching
an ever-growing consumer audience. Simultaneously, the
establishment of production, assembly, and sales channels, coupled
with the reinforcement of technological enhancements and
collaborations with international technology laboratories, augments
the prospects for the enduring progress of Datasea Acoustics LLC.
For additional information, please visit: www.dataseainc.com.
Datasea routinely posts important information on its website.
Twitter @Dataseainc, https://twitter.com/Dataseainc.
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:
Datasea Inc. Investor
relations
Email: investorrelations@shuhaixinxi.com
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SOURCE Datasea Inc.