The New Agreements Projected to Generate Sales of up to
140,000 Units and $11 Million in
Revenue by Year End 2025
BEIJING, Jan. 6, 2025
/PRNewswire/ -- Datasea Inc. (Nasdaq: DTSS, "Datasea" or "the
Company"), a Nevada-based digital
technology company specializing in acoustic high-tech and 5G AI
multimodal digital innovation, today announced a major milestone
for its acoustic high-tech business. On December 28, 2024, Guozhong Haoze (Beijing) Technology Ltd. ("Guozhong Haoze"), a
subsidiary of the Chinese operating company contractually
controlled by the Company, signed cooperation agreements (the
"Agreements") with 14 beauty industry service and management
companies, such as Tianjin Chuangfukang Consulting Service Co.,
Ltd. and Tianjin Haideci Technology Co., Ltd., to place its
acoustic high tech products in a total of approximately 263 beauty
salons and body care stores in key markets in northern China, including Tianjin and Hebei
Province. The Agreements strengthen the Company's market
presence in northern China and lay
a solid foundation for substantial revenue growth from its acoustic
high-tech product segment.
Pursuant to the Agreements, the Company is targeting the sale of
a total of approximately 140,000 acoustic high-tech products by
calendar year end 2025. The acoustic products included in the
Agreements are acoustic air sterilizers and sleep products, as well
as the Company's 5G AI Digital Service System specifically
developed for beauty industry stores. Through its 5G AI Digital
System, Datasea will also provide independent technical services to
these stores, ultimately helping them offer better services to
their customers.
Ms. Zhixin Liu, CEO of Datasea,
commented, "We are both pleased and excited to announce these
partnerships with multiple beauty salons and body care retail
stores in northern China. With
these new partnerships, we believe we are strategically positioned
to market our acoustic high-tech products and advance the adoption
of our Digital System for Beauty industry, which opens up a new
sales channel for our products. We expect the new cooperation
agreements to contribute a total of approximately 140,000 units in
sales of acoustic high-tech products by the end of 2025,
potentially driving the sales of the Company's acoustic high-tech
products to over $11.0 million
(Approximately RMB 77 million) in
2025. Over the next 2-5 years, we plan to further expand our
customer channel to up to 10,000 beauty and body care stores,
covering provinces in Tianjin,
Hebei, Beijing and Inner Mongolia."
Key Aspects of the Agreements
1. A Boost to Acoustic High-Tech Product Sales
- Datasea partners with beauty and body care stores to sell
acoustic high-tech products directly to consumers across
approximately 263 stores.
- Major products include the 'Ultrasonic Sterilizer' and the
'Non-Contact Sleep Aid'.
- Through technological innovation, these acoustic products
enhance customer experience and optimize service quality for the
partnered stores.
2. Provides 5G AI Digital Beauty System to Partnered
Stores
- Tailored Design: The system is purpose-built for
the beauty salon and body care industry, integrating 5G and AI
technologies to reshape service workflows.
- Intelligent Services: AI capabilities enable
precise customer need identification and personalized service
recommendations, enhancing service quality and efficiency.
- Efficient Marketing: Leveraging big data analytics, the
system enables targeted promotions and automated marketing, helping
businesses attract customers to increase sales.
- Private Domain Customer Expansion: The system builds
basic private domain traffic pools to deepen customer insights and
deploy marketing tools, effectively growing the customer base.
- Enhanced Retail Store Experience: Optimized store
management and employee training to ensure improved customer
satisfaction and overall service quality.
Establishes Foundation for Expansion of High-Tech Acoustics
Segment
- Datasea plans to continue to drive the sales of acoustic
hardware products through its expanding network of retail beauty
salon and body care stores, targeting sales of approximately
140,000 products by the end of 2025.
- Concurrently, the Company will charge technical service fees to
provide its 5G AI Digital System for Beauty industry to partnered
stores .
- Over the next 2-5 years, the Company plans to expand its
customer base to up to 10,000 beauty and body care stores, covering
provinces in Tianjin, Hebei, Beijing, and Inner Mongolia.
- With the continued growth in the number of its partner stores,
Datasea expects to increase its online and offline sales of its
acoustic high-tech products.
Strategic Success Plan for the High-Tech Acoustics
Segment
Datasea intends to continue to expand its sales channels and
drive the digital transformation of this vertical in northern
China via its advanced acoustic
high-tech products and 5G AI Digital Beauty System. With leading
edge technological expertise and marketing knowhow, the Company is
committed to creating sustainable value for merchants and
consumers. As Datasea further expands its operations, it is
positioned to achieve significant growth and sustained
profitability in its collaborative partnership with China's beauty and body care industry.
About Datasea Inc.
Datasea is a leading provider of products, services, and
solutions for enterprise and retail customers in converging and
innovative industries, Acoustics High tech, and 5G AI multimodal
digital platform, 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 digital segment operates on a cloud
platform based on AI. Datasea leverages cutting-edge technologies
in intelligent acoustics, 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 High tech and its intent to offer leading edge acoustic
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 Contact:
Datasea Inc. Investor relations
Email: investorrelations@shuhaixinxi.com
Precept Investor Relations LLC
David Rudnick
+1 646-694-8538
david.rudnick@preceptir.com
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SOURCE Datasea Inc.