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Overview of Datasea Inc. (DTSS)
Datasea Inc. is a technology company that operates at the intersection of high-tech intelligent acoustics and 5G-AI multimodal digital communication, delivering advanced products, services, and solutions for enterprise and retail customers. Leveraging breakthrough R&D and precision manufacturing, the company offers innovative acoustic technology solutions such as ultrasonic, infrasound, and directional sound applications. Its cloud-based 5G-AI multimodal platform integrates natural language processing with data discovery across diverse data sources, providing a search-like interface that simplifies report generation and data analysis analogous to popular search engines.
Business Segments and Key Capabilities
Intelligent Acoustics: Datasea employs advanced acoustic high-tech solutions to support a wide spectrum of applications from health and wellness to public safety. The company utilizes ultrasonic sterilization methods and infrasound technology to create environments that are safer and more hygienic. Its focus on precision and digital integration has led to the development of products that combat viruses, improve indoor air quality, and even support specialized medical applications.
5G-AI Multimodal Digital Solutions: In parallel, Datasea has developed a cloud-based digital platform powered by artificial intelligence, facilitating high-speed, low-latency communication. This platform is designed to seamlessly integrate various media formats such as text, sound, images, and video into a multimodal system, ideal for enhancing digital marketing, enterprise search, and custom software solutions. The incorporation of natural language capabilities enables users to query and generate snapshot reports effortlessly, positioning the company as a trusted innovator in next-generation digital communications.
Industry Applications and Market Presence
- Enterprise Software: The company’s ad-hoc query and reporting engine is a valuable asset for CRM, ERP, and BI applications, helping organizations to efficiently retrieve and analyze data from multiple sources.
- Healthcare: Datasea applies its acoustic technologies in health and wellness environments, such as air sterilization systems and forms of acoustic cosmetology, thereby enhancing safety and comfort.
- Government and Intelligence: With its capability to extract insights from structured and unstructured data, Datasea supports advanced digital solutions in public sector and government intelligence applications.
- Custom Development: The company builds tailored components for diverse software environments, catering to the unique needs of a broad range of clients including custom development consultants.
Technological Innovation and R&D
At its core, Datasea is driven by cutting-edge research and development that serves as the backbone for its innovative technologies. The company’s systematic approach to discovering data relationships within large and varied datasets paves the way for efficient digital transformation in multiple sectors. By focusing on developing a powerful 5G-AI multimodal platform and state-of-the-art acoustic technologies, Datasea continuously enhances its service offerings and maintains its competitive edge in the evolving digital technology landscape.
Global Footprint and Strategic Positioning
Operating primarily across China and expanding its influence in the United States, Datasea strategically positions itself to serve a global clientele. Its initiative to establish subsidiaries in key markets reinforces its commitment to innovation and sustainable growth. With robust partnerships and agreements across various industries, the company delivers comprehensive digital services while reinforcing its reputation for technological excellence and reliability.
Commitment to Expertise and Industry Leadership
Datasea Inc. distinguishes itself through its advanced technological expertise and operational proficiency. The seamless integration of intelligent acoustics with high-performance 5G-AI digital solutions not only enhances product functionality but also lays a strong foundation for future scalable operations. Although the company operates in dynamic markets, its focus on evergreen, technology-driven solutions ensures that its innovations remain relevant over the long term, supporting a diverse range of use cases and customer needs.
This comprehensive overview of Datasea Inc. highlights the firm’s multifaceted approach to digital transformation, underscoring its ability to merge data discovery with sophisticated acoustic and digital communication technologies to deliver tangible value across industries.
Datasea Inc. (NASDAQ:DTSS) has announced the establishment of a new subsidiary, Shuhai Zhangxun Information Technology Co., Ltd., focused on 5G opportunities and related value-added services. The initiative aims to leverage Datasea's technology in smart security and big data to explore 5G messaging and enhance user experiences. CEO Zhixin Liu highlighted the potential of Rich Communication Services (RCS), predicting significant market growth, with RCS valued at approximately USD $74 billion by the end of 2021. This move reflects Datasea's commitment to improving its offerings across various business lines.
Datasea Inc. (NASDAQ:DTSS) has signed a five-year agreement with Zhejiang Kecai Technology Transformation Services Ltd. to provide smart consumptive payment services. Datasea will offer hardware, maintenance, and software installation for a share of 0.25% from transaction values, which are estimated to reach RMB 250 million (about USD 38 million) annually. This could result in earnings of approximately RMB 625,000 (USD 95,630) for Datasea. The services utilize advanced technologies like code scanning and facial recognition to streamline payment processes.
Datasea (NASDAQ: DTSS) has secured service agreements for its Smart Information Service System with five companies including Guangdong Dingxin Hongtu Technology and Shenzhen Odomco Wine. Through these agreements, which span five years, Datasea will earn approximately 0.38% of transaction values from its technology, estimating annual revenues around RMB 0.976 million (approximately USD 148,742). The Smart System uses facial recognition to facilitate POS transactions, enhancing efficiency and safety for retail vendors.
Datasea Inc. (NASDAQ: DTSS), a technology company focused on smart security and education technologies in China, has signed a common stock purchase agreement with Triton Funds LP. Under this agreement, Triton will purchase up to $2.0 million of Datasea's common stock through December 31, 2020, with a maximum of 523,596 shares. The purchase price will be 90% of the lowest closing price over five business days prior. The company plans to use the proceeds for general corporate purposes. This offering is conducted under an effective SEC registration statement.
Datasea Inc. (NASDAQ: DTSS) has signed service agreements for its Smart Information Service System with multiple companies in Guangdong, China. The system, which incorporates facial recognition technology and big data analytics, enables retailers to charge customers without physical interaction. Datasea will earn 0.38% of each transaction made using its technology. Each agreement has a term of one year. The company's CEO, Liu Zhixin, expressed optimism about the agreements, highlighting the ability to meet the needs of retailers.
Datasea Inc. (NASDAQ: DTSS) has announced a Cooperation Framework Agreement with China Africa Friendship Town Investment Group Limited (CAFTI) to expand its operations in Africa. This partnership aims to promote Datasea's products, including automatic temperature measurement devices, infrared imagers, and facial recognition tools across various countries. The agreement provides an additional sales channel through CAFTI's established network in regions like Uganda and Ethiopia, aligning with Datasea’s international growth strategy.
Datasea Inc. (NASDAQ: DTSS) has been awarded a subsidy of RMB 300,000 (approximately USD 43,000) from the Harbin Municipal Government to improve its Safe Campus Management System, part of the government’s “Eagle Plan” initiative aimed at fostering innovative technologies. This system enhances K-12 security through intelligent video and identity recognition, and now includes infrared temperature monitoring. The CEO expressed that this grant acknowledges their efforts in educational security technology and supports ongoing research and development.
Datasea Inc. (NASDAQ: DTSS) has signed a three-year agreement with Beijing Tengyuejunjie Parking Management to install its proprietary Control System in a residential community in Chaoyang District, Beijing. The contract is valued at approximately $7,800 (RMB 55,000) and represents the company's first engagement of this nature in the capital. The system, designed for monitoring public health threats, includes features such as contactless body temperature measurement and AI-based facial recognition. This expansion reflects Datasea's aim to capture more of Beijing's 21 million residents.
Datasea Inc. (NASDAQ: DTSS) has announced a contract to deploy its Safe Campus Intelligent Management and Control Platform at Harbin New District No. 1 School, marking a significant pilot project for the company.
The agreement entails the provision of software, hardware, and installation services, totaling RMB 392,000 (approximately USD 55,861). This initiative aims to enhance school operations through features like homework tracking and attendance monitoring.
Chairman and CEO Liu Zhixin emphasized the commercial potential of the platform, supported by local government backing.
Datasea (NASDAQ: DTSS) announced that its subsidiary, Heilongjiang Xunrui Technology, received approximately $113,000 in subsidies from the Harbin Municipal Government to implement its Safe Campus Management System at two schools. The system features intelligent video surveillance and health monitoring capabilities. This project marks a significant step in expanding Datasea's presence in Harbin, which has over 10 million residents and 2,000 K-12 schools. Datasea's CEO expressed optimism about the project's future commercialization.
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