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Blue Hat Subsidiary Xunpusen to Provide SMS Channel Services for JD Cloud

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Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT) announced that its subsidiary, Xunpusen Technology Co., Ltd., has signed an agreement to provide SMS channel services for JD Cloud, a major cloud computing provider in China. Xunpusen will own the network SMS channel port and supply the necessary technology and support services to JD Cloud. This agreement will be effective until May 25, 2022. CEO Xiaodong Chen expressed optimism about the partnership, highlighting Blue Hat's growing momentum in the SMS service market.

Positive
  • Agreement with JD Cloud enhances Blue Hat's position as a leading SMS channel service provider.
  • Xunpusen's ownership of SMS channel port establishes a solid technological foundation for future growth.
Negative
  • None.

XIAMEN, China, Oct. 8, 2021 /PRNewswire/ -- Blue Hat Interactive Entertainment Technology ("Blue Hat" or the "Company") (NASDAQ: BHAT), a leading communication services and Internet Data Center ("IDC") business provider and developer, and also an operator of mobile games and augmented reality ("AR") education curriculum and products in China, today announced the Company's operating subsidiary Xunpusen Technology Co., Ltd. ("Xunpusen") has signed an agreement to provide SMS channel services for JD Cloud, a leading cloud computing brand under tech giant JD Technology Group. JD Cloud provides cloud computing services and industry solutions including public, proprietary, and hybrid cloud offerings for various global clients in the Internet, finance, transportation, and energy industries, among others.

According to the terms of the agreement, Xunpusen will be the channel and port provider for JD Cloud's SMS channels services. Xunpusen will have legal ownership of the network SMS channel port and will provide JD Cloud with the technology and support services needed to use the port. Xunpusen will guarantee the effectiveness and legitimacy of the channel technology and services provided. The Company and JD Cloud will work closely to ensure the necessary personnel and SMS technology are in place for optimal use of Xunpusen's channel and port services. This agreement is in effect through May 25, 2022.

Management Commentary

Mr. Xiaodong Chen, CEO of Blue Hat, stated, "We are pleased with the positive momentum in our new business partnerships with the signing of this agreement with JD Cloud, another reputable name in tech. We believe our recent new business wins validate Blue Hat's position as a leading SMS channel service provider and core competency in message marketing and look forward to carrying this momentum into our other related strategic areas of business."

About Blue Hat

Blue Hat Interactive Entertainment Technology Blue Hat is a leading communication services and Internet Data Center ("IDC") business provider as well as a producer, developer and operator of AR interactive entertainment games, toys and educational materials in China. Distinguished by its own proprietary technology, Blue Hat aims to create an engaging, interactive and immersive community for its users. For more information, please visit the Company's investor relations website at http://ir.bluehatgroup.com. The Company routinely provides important information on its website.

Forward-Looking Statements 

This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the Company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the Company's SEC filings. These risks and uncertainties could cause the Company's actual results to differ materially from those indicated in the forward-looking statements.

Contacts:

Blue Hat Interactive Entertainment Technology
Phone: +86 (592) 228-0010
Email: ir@bluehatgroup.net

Investor Relations:

The Equity Group Inc. 
Carolyne Sohn, Vice President 
(415) 568-2255
csohn@equityny.com                                                                     

In China
Lucy Ma, Associate
+86 10 5661 7012
lma@equityny.com

Cision View original content:https://www.prnewswire.com/news-releases/blue-hat-subsidiary-xunpusen-to-provide-sms-channel-services-for-jd-cloud-301395781.html

SOURCE Blue Hat Interactive Entertainment Technology

FAQ

What recent agreement did Blue Hat (BHAT) sign?

Blue Hat's subsidiary, Xunpusen, signed an agreement to provide SMS channel services for JD Cloud.

What is the duration of the agreement between Xunpusen and JD Cloud?

The SMS channel services agreement is effective until May 25, 2022.

How does the agreement with JD Cloud impact Blue Hat's business?

The agreement strengthens Blue Hat's position in the SMS channel service market and showcases its technological capabilities.

Who is the CEO of Blue Hat Interactive Entertainment Technology?

The CEO of Blue Hat is Xiaodong Chen.

What services will Xunpusen provide to JD Cloud?

Xunpusen will provide SMS channel technology and support services for JD Cloud.

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