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Datasea Inc. (Nasdaq: DTSS) is a dynamic digital technology company incorporated in Nevada, specializing in innovative businesses that merge acoustic high-tech and 5G-Artificial Intelligence (AI) multimodal communication technologies. With a commitment to advancing cutting-edge solutions, Datasea operates primarily in the United States and China.
The company leverages its advanced R&D technology to serve as the core infrastructure and backbone for its products. It focuses on a wide array of applications, from business software, healthcare, to government intelligence. Datasea’s ad-hoc query and reporting engine can discover data relationships across multiple data sources and generate reports effortlessly, akin to a search engine interface.
In the realm of Internet security, Datasea offers a suite of services and products including Internet Security Equipment, New Media Advertising Services, Micro Marketing Services, Internet Service Provider (ISP) Connecting Services, and Big Data Processing Services. The company’s business activities are predominantly conducted in China.
In 2024, Datasea announced several pivotal developments. Notably, its subsidiary Shuhai Jingwei entered a Manufacturing Cooperation Agreement with Broadway Precision Technology to accelerate the production and marketing of hi-tech intelligent acoustic deodorization and disinfection products. These upgraded products are equipped with an ultrasonic core module providing functions like odor removal, sterilization, and air purification.
Datasea also entered into a 5G AI Multimodal Communication Cooperation Agreement with Xiamen Star Miracle Information Technology, valued at approximately $30 million, to provide 5G multimodal communication services. This collaboration is set to enhance Datasea’s market presence in China’s burgeoning 5G sector.
Furthering its distribution strategy, Datasea signed a Sales Agreement worth $8.45 million with Shenzhen Xiaoranfang Marketing Co., Ltd., aimed at boosting sales of its
Datasea Inc. (NASDAQ: DTSS) announced a sales agreement between its subsidiary, Shuhai Jingwei, and Shanghai Chengming Shengyuan for a minimum of 100,000 Hailijia air purifiers, valued at over RMB 150 million (about USD 20.5 million) from November 2022 to November 2023. The air purifiers leverage innovative acoustic intelligence for disinfection, addressing heightened demand post-pandemic. CEO Zhixin Liu highlighted the agreement as a key step in realizing the commercial potential of their air purifier technology, which aims to expand brand reach and generate revenue.
Datasea Inc. (NASDAQ: DTSS) announced a one-year sales agreement between its subsidiary, Shuhai Jingwei, and Shenzhen Yusheng Technology Co., Ltd. to supply Ultrasonic Sound Air Disinfection Equipment. This equipment boasts a disinfection efficacy of 99.83% against Covid-19 in nine seconds. Yusheng commits to purchasing at least 10,000 units, valued at a minimum of RMB 35 million (approximately USD 5 million), with the first batch of 1,000 units expected to be delivered by November 15, 2022. The product aims to set new benchmarks in disinfection technology.
Datasea Inc. (NASDAQ: DTSS) reported remarkable fiscal results for the year ended June 30, 2022, with revenue surging to $17.08 million, marking a 9,653% increase year-over-year. This growth was primarily driven by the adoption of its 5G messaging solutions. Gross profit rose to $955,673, up 917% from the previous year due to robust service delivery. The company has signed $41.72 million in 5G messaging contracts, while also expanding its acoustic intelligence and smart city offerings. Notably, Datasea is engaging in regulatory discussions and enhancing its marketing strategies to solidify its market position.
Datasea (NASDAQ: DTSS) has successfully delivered its Smart Hotel Solution to China Mobile Construction Nanjing Co., Ltd. following a $961,000 procurement agreement. This solution enhances customer experience and operational efficiency within the hospitality sector by streamlining IT operations and centralizing data. CEO Zhixin Liu emphasized the growing demand for smart city solutions in China, positioning Datasea to benefit from an upward trend in IoT applications. The company focuses on smart city technology, acoustic intelligence, and 5G messaging.
Datasea (NASDAQ: DTSS) has announced a five-year manufacturing agreement with Antuopu for its Ultrasonic Sound Air Disinfection Equipment, which utilizes acoustic intelligence technology achieving 99.83% efficacy against Covid-19 in just nine seconds. The partnership aims for a global market rollout following prototype confirmation. Antuopu's extensive production capacity ensures efficient fulfillment of orders. Additionally, Datasea is pursuing multiple certifications to enhance product credibility in international markets, including the U.S. and Europe.
Datasea Inc. (NASDAQ: DTSS) announced a procurement agreement through its subsidiary, Shuhai Jingwei, with Shenzhen Huanchen Technology Co., Ltd. for 5G messaging services. This agreement, valued at RMB 30 million (approximately USD 4.4 million), covers a twelve-month term and includes prepaid service fees. CEO Zhixin Liu emphasized the company's commitment to enhancing 5G messaging as an effective marketing tool, indicating strong growth potential in this market. The partnership aligns with Datasea's strategy to capitalize on increasing demand for innovative marketing solutions in China's vibrant technology sector.
Datasea Inc. (NASDAQ: DTSS) announced successful test results from the Wuhan Institute of Virology for its Ultrasonic Sound Sterilization and Antivirus Equipment, achieving a 99.83% disinfection rate against SARS-CoV-2 in just nine seconds. This breakthrough addresses the increased demand for effective sterilization due to the COVID-19 pandemic. The device offers fast, contactless disinfection without environmental damage. CEO Zhixin Liu expressed optimism about the partnership with the prestigious laboratory and the potential impact on infection transmission control.
Datasea Inc. (NASDAQ: DTSS) announced a significant purchase agreement between its subsidiary, Guohao Century, and Hangzhou Runsheng Network Technology on July 18, 2022. This agreement, valued at approximately USD 22.3 million, highlights an increasing demand for Datasea's 5G messaging services. Guohao Century will provide services including recharge payment options and telecommunication value-added services, thereby facilitating enhanced marketing efforts for Hangzhou Runsheng. CEO Zhixin Liu emphasized that this partnership positions Datasea favorably for achieving revenue and profitability goals.
Datasea Inc. (NASDAQ: DTSS) has expanded its customer base via its subsidiary, Shuhai Zhangxun, which offers Smart Push, a 5G messaging precision marketing solution. The company added eight new enterprise clients, with service fees ranging from RMB 2,000 to RMB 80,000. Shuhai Zhangxun's platform allows businesses to send personalized messages to target audiences effectively. This technology combines big data and 5G for improved marketing experiences. Datasea aims to enhance user engagement through personalized content across various industries, positioning itself as a leader in the 5G messaging sector.
Datasea Inc. (NASDAQ: DTSS) has announced a procurement agreement through its subsidiary Shuhai Jingwei with Zhangzhou Baina Intelligent Technology Co., Ltd. The agreement, valued at approximately USD 14.99 million, focuses on providing 5G messaging services to enhance customer interactions and operational efficiency in smart city solutions. It encompasses messaging recharge payment services and other telecommunications value-added services. The term of the agreement is set for six months, reflecting Datasea's commitment to advance innovative communication in smart technology.
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