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Tuesday, May 09, 2023 12:34:24 AM
BEIJING, May 09, 2023 (GLOBE NEWSWIRE) -- Datasea Inc., (NASDAQ: DTSS) ("Datasea" or the "Company"), incorporated in Nevada in 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 entered an online distributor cooperation agreement with Shenzhen Aerfu Artificial Intelligence Technology Co., Ltd. (“Aerfu”). Pursuant to the agreement, Aerfu will serve as the non-exclusive online distributor to sell the "Hailijia" series of acoustic intelligent air sterilizers on multiple mainstream e-commerce platforms.
The agreement with Aerfu provides Datasea with a significant opportunity to expand its reach and increase market penetration through the sale of innovative products on major e-commerce platforms. The "Hailijia" series of acoustic intelligent products, including both car-mounted and desktop versions, have already been listed on various mainstream e-commerce platforms, such as JD.com and Douyin. With this new cooperation, Datasea plans to further promote and expand the sales of its Hailijia air sterilizers, providing consumers with more convenient, efficient, and healthy environmental and air disinfection solutions.
Datasea's CEO, Ms. Liu Zhixin, expressed her satisfaction with the progress of this cooperation, believing that it will bring greater market coverage, audience, and sales scale to the company's acoustic intelligence business. The company also plans to launch additional products, including ultrasonic air disinfection machines for bathrooms and ultrasonic beauty devices, which will further establish its leading position in China's acoustics intelligence field and gain market attention and recognition.
Overall, this new distributor agreement marks a significant step forward for Datasea in expanding its market reach and positioning itself as a leader in the acoustic intelligent products sector.
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 information, please visit: www.dataseainc.com. Datasea routinely posts important information on its website.
Recent DTSS News
- Datasea Pre-Announces Estimated Revenue of $12.5 Million for April 2024 Supporting its Prior Revenue Guidance of $86 Million for Fiscal 2024 • PR Newswire (US) • 05/06/2024 02:00:00 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 05/06/2024 01:09:01 PM
- Datasea Inc. (NASDAQ: DTSS) and iPower Inc. (NASDAQ: IPW) Collaborate to Expand Product Distribution in US Online Markets • PR Newswire (US) • 04/22/2024 02:00:00 PM
- Datasea Secures Combined $15 Million with its Second Sales Contract for Acoustic Products • PR Newswire (US) • 04/17/2024 02:00:00 PM
- Datasea Announces Intent of its CEO to Purchase Up $3,000,000 of its Common Stock in Open Market Purchases • PR Newswire (US) • 04/09/2024 02:00:00 PM
- Datasea Enters into a Sales Agreement for its Acoustic Products Bringing its Evolutionary Technology to Market in a Strategic Milestone to Develop Rapid Online Sales • PR Newswire (US) • 04/04/2024 02:00:00 PM
- Datasea Enters into 5G AI Multimodal Communication Cooperation Agreement Expected to Expand its China 5G Services Revenue • PR Newswire (US) • 03/26/2024 02:00:00 PM
- Datasea Enters into Manufacturing Agreement to Accelerate Production and Deployment of its Hi-Tech Intelligent Acoustic Products • PR Newswire (US) • 03/19/2024 02:00:00 PM
- Datasea to Drive Growth in its Acoustic Business via Product Upgrades and U.S. Market Entry • PR Newswire (US) • 03/12/2024 02:40:00 PM
- Datasea Expects Approximately 1,128% Revenue Growth in 2024 • PR Newswire (US) • 03/05/2024 03:45:00 PM
- Datasea Establishes Joint Venture Company to Further Penetrate the Estimated Approximately 527.8 billion US Dollars 5G Market in China • PR Newswire (US) • 02/20/2024 02:00:00 PM
- DataSea Announces 5G Multimodal Communication Technology Service Agreement • PR Newswire (US) • 02/15/2024 02:00:00 PM
- Datasea Reports Second Quarter Fiscal Year 2024 Financial Results and Operations Update - Second Quarter Revenue is $11.3 Million Versus $0.1 Million in the Year-Ago Period • PR Newswire (US) • 02/13/2024 02:35:00 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 02/13/2024 02:00:36 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/07/2024 04:55:22 PM
- Datasea Regains Compliance with NASDAQ Minimum Bid Price Requirement • PR Newswire (US) • 02/07/2024 02:15:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/23/2024 04:11:03 PM
- Datasea Pre-Announces First Half 2024 Revenue of $18.2 Million, a 1,037.5% Year-Over-Year Increase • PR Newswire (US) • 01/23/2024 02:35:00 PM
- Datasea Enters into Agreement with U.S. Marketing Firm to Promote and Market its Innovative Intelligent Acoustics Products • PR Newswire (US) • 01/19/2024 02:00:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/18/2024 10:15:35 PM
- Datasea Announces 1-for-15 Reverse Stock Split to Regain Compliance with Nasdaq Minimum Bid Requirement • PR Newswire (US) • 01/18/2024 09:39:00 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/13/2023 01:30:35 PM
- Datasea Reports First Quarter Fiscal Year 2024 Financial Results and Operations Update • PR Newswire (US) • 11/13/2023 01:30:00 PM
- Datasea Announces September 2023 Revenue of $2.5 million from its 5G Messaging Business • PR Newswire (US) • 10/30/2023 01:35:00 PM
- Form S-8 - Securities to be offered to employees in employee benefit plans • Edgar (US Regulatory) • 10/26/2023 08:10:46 PM
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