Datasea Enters Into Agreements That Will Place Its Acoustic High-Tech Products In A Total Of 263 Beauty Stores In Northern China; Projected To Generate Sales Of Up To 140,000 Units And $11M In Revenue By Year End 2025

Author: Benzinga Newsdesk | January 06, 2025 09:46am

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.

Posted In: DTSS