BEIJING, April 4,
2024 /PRNewswire/ -- Datasea Inc. (Nasdaq: DTSS)
("Datasea" or the "Company"), a digital technology company
incorporated in Nevada, dedicated
to innovative business in acoustic high tech and 5G-Artificial
Intelligence multimodal communication technology in the United States and China, today announced that the Company's
wholly-owned subsidiary, Shuhai Jingwei (Shenzhen) Information Technology Co., Ltd.
("Shuhai Jingwei"), entered into a Sales Agreement (the
"Agreement") with Shenzhen Xiaoranfang Marketing Co., Ltd.
("Xiaoranfang Marketing") for the sale of up to approximately
$8.45 million (RMB 60 million) of the Company's acoustic high
tech products. The signing of this Agreement signifies a new
milestone for Datasea in promoting the domestic and international
sales of its acoustic high tech products and it is expected to be a
key driver of the Company's future revenue growth.
Zhixin Liu, CEO of Datasea,
commented, "We are delighted to have signed this Agreement with
Xiaoranfang Marketing. This marks a significant milestone in
advancing the market promotion and sales of our leading-edge
acoustic high tech products. In addition to comprehensive promotion
of our "Hailijia" and "Star Dream" series of high-tech acoustic
products on mainstream e-commerce channels in China, this partnership is also expected to
drive online sales in the U.S. market, including on platforms such
as Amazon. We are optimistic about the market demand and prospects
for orders, and believe this will provide a new breakthrough and
momentum for the Company's performance and growth."
According to the Agreement, Xiaoranfang Marketing has agreed to
conduct online sales of the Company's "Hailiji"' brand's air
disinfection machines and closet and bathroom deodorization and
disinfection products, and its "Star Dream" brand of sleep aids,
among other series of acoustic high tech products, in both the
Chinese and international markets. This includes traditional
mainstream e-commerce platforms such as Taobao, JD.com, and PDD in
China, and emerging new media
platforms, such as Douyin, Kuaishou, and Little Red Book.
Xiaoranfang Marketing will also access international channels like
Amazon in the U.S. to promote the Company's products.
The "Hailijia" and "Star Dream" series of acoustic high tech
products are equipped with ultrasonic core modules, and feature
core functions that provide powerful sterilization, odor
elimination, air purification, and sleep aids which can be used in
household and work environments to provide clean, safe and
healthy living environments.
Xiaoranfang Marketing is a prominent marketing and promotion
firm in China with extensive
experience in e-commerce, new media marketing and product sales.
They have substantial expertise in online sales channels through
mainstream Chinese internet platforms and new media platforms as
well as experience in operating and managing international Amazon
platforms. The Company believes that Xiaoranfang Marketing is a
perfect fit for the promotion and sales of the Company's high tech
acoustic products in both the domestic and the international
markets.
Chen Siqi, CEO of Xiaoranfang
Marketing, stated, "We are excited to collaborate with Datasea as
their "Hailijia" and "Star Dream" series of acoustic high tech
products are uniquely engineered to kill a variety of bacteria and
viruses, including COVID-19 and H1N1, using sound wave technology.
Datasea's rate for killing the COVID-19 virus is an astonishing
99.83%, providing users with clean and safe living environments. We
are confident that our experience with digital sales promotion and
online sales channels, with our large customer base, will promote
sales of Datasea's products and achieve a win-win situation."
About Datasea Inc.
Datasea Inc. ("Datasea") is a leading provider of products,
services, and solutions for enterprise and retail customers in its
innovative industries, Acoustics and 5G-AI multimodal
communication, especially focusing on ultrasonic, infrasound and
directional sound technology. The Company's advanced R&D
technology serves as the core infrastructure and backbone for its
products. Its 5G multimodal communication segment operates on a
cloud platform based on AI. Datasea leverages cutting-edge
technologies, precision manufacturing in its Acoustics business,
utilizing ultrasonic sterilization to combat viruses and prevent
human infections, and is also developing innovations in directional
sound and medical ultrasonic cosmetology. In July 2023, Datasea established a wholly-owned
subsidiary, Datasea Acoustics LLC, in Delaware, in a strategic move to mark its
global presence. This underlies Datasea's commitment to Acoustics
hi-tech and its intent to offer leading edge acoustic products and
solutions to the U.S. market. For additional information, please
visit: www.dataseainc.com.
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 Contacts:
Datasea Investor Relations
Email:
investorrelations@shuhaixinxi.com
sunhezhi@shuhaixinxi.com
Precept Investor Relations LLC
David Rudnick
+1 646-694-8538
david.rudnick@preceptir.com
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SOURCE Datasea Inc.