The Prospective Partnership with a Subsidiary of China
Mobile, one of the World's Largest Mobile Operator, Underscores
DTSS' Achievements in 5G-AI Communications
BEIJING, Aug. 6, 2024
/PRNewswire/ -- Datasea Inc. (Nasdaq: DTSS) ("Datasea" or the
"Company"), a digital technology company incorporated in
Nevada, engaged in innovative
businesses in high-tech intelligent acoustics in the United States, and 5G-Artificial
Intelligence ("AI") multimodal communication technology in
China, today announced that on
July 17, 2024, the Company's
wholly-owned subsidiary, Heilongjiang Xunrui Technology Co., Ltd.
("Xunrui Technology"), was selected by China Mobile Internet Co.,
Ltd. ("China Mobile Internet") as a prospective partner in its
database of companies (the "Partner Database"), that may be chosen
to sign specific project cooperation contracts. China Mobile
Internet is a subsidiary of China Mobile, one of the world's
largest mobile operator and the largest wireless carrier in
China.
According to the announcement released on July 8, 2024 by China Mobile Internet regarding
choosing prospective partners for the Database, Xunrui Technology
will now be able to be selected to undertake specific projects for
China Mobile Internet, leveraging the development and application
of Datasea's advanced 5G-AI multimodal communication technologies.
This collaboration aims to promote the joint development of
communications and internet innovations, and has the potential to
contribute to future revenue growth for Datasea.
Ms. Liu Zhixin, CEO of Datasea, commented, "Our selection as a
prospective partner of a China Mobile core subsidiary is a major
milestone in our corporate development and a confirmation of our
achievements in technological innovation and market expansion. We
believe that this opportunity for collaboration will provide new
possibilities for growth of our existing businesses, which may
enable Xunrui Technology to further broaden its market channels,
enhance brand influence, and offer higher quality products and
services to a wider range of customers."
As a specialized subsidiary of China Mobile, China Mobile
Internet is responsible for creating CHBN ("Customer", "Home",
"Business" and "New" markets) innovative communication and internet
products throughout China. Through
its Database, China Mobile Internet selects enterprises to partner
with that have project integration capabilities, platform
integration capabilities, rapid development capabilities and rapid
delivery capabilities.
Xunrui Technology, Datasea's subsidiary, with its professional
R&D capabilities, customer expansion capabilities, and proven
performance in the 5G-AI multimodal communication technology
industry, passed the rigorous review of China Mobile Internet. and
officially became a member of its Partner Database. This means that
Xunrui Technology will have the opportunity to collaborate with
China Mobile Internet on specific projects in the future, jointly
promoting the development and application of cutting-edge
technologies such as 5G, AI, and multimodal communication.
Mr. Li, the head of the CHBN project at China Mobile Internet,
stated, "We are very excited to establish this relationship with
Datasea. Datasea's project integration capabilities, platform
integration capabilities, rapid development capabilities, and rapid
delivery capabilities in 5G communication and the internet have
genuinely impressed us, especially its AI-based 5G multimodal
platform, which has the potential to further enhance the product
value, service capability, operational capability, and innovation
capability of CHBN innovative products. We look forward to specific
collaborations with Datasea on a number of innovative
projects."
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
View original
content:https://www.prnewswire.com/news-releases/dataseas-digital-technology-subsidiary-selected-as-prospective-partner-for-future-projects-with-subsidiary-of-china-mobile-302215427.html
SOURCE Datasea Inc.