Datasea Announces Continued Expansion with Agreements to Place its Acoustic High-Tech Products in an Additional 200 Beauty Stores in Northern China

January 24, 2025 01:30 AM AEDT | By Cision
Follow us on Google News: https://kalkinemedia.com/resources/assets/public/images/google-news.webp

With the New Agreements, Products to be Placed in a Total of 463 New Stores with 
Total Projected Sales of 260,000 Units and Revenue of $19 Million 
Expected by Year End 2025

BEIJING, Jan. 23, 2025 /PRNewswire/ -- Datasea Inc. (Nasdaq: DTSS), a Nevada-based digital technology company specializing in acoustic high-tech and 5G AI multimodal digital innovation ("Datasea" or "the Company"), today announced a major update for its acoustic high-tech business. Following the successful signing of agreements with 263 beauty salons and body care stores in Northern China at the end of December 2024, Guozhong Haoze (Beijing) Technology Ltd. ("Guozhong Haoze"), a subsidiary of the Chinese operating company contractually controlled by the Company, has now entered into 12 additional agreements with health management companies in Tianjin, one of the largest cities in China, further expanding its reach in January 2025 (the "New Agreements"). The Agreements will place Datasea's acoustic high-tech products in an additional 200 beauty stores across key Northern Chinese markets, including Hebei Province, which are expected to drive sales of 120,000 additional units and provide added revenue of approximately $8.2 million by year end 2025.

Pursuant to the New Agreements, the Company is targeting the sale of an estimated 120,000 units of Datasea's acoustic high-tech products which comprise acoustic sterilizers, sleep products and 5G+AI Digital Service Systems specifically developed for the beauty industry. The New Agreements demonstrate the growing market acceptance of Datasea's acoustic high-tech products and the successful implementation of its strategic plan to position these products in certain sectors including the beauty and body care industry.

As of today, Datasea has placed its acoustic high-tech products in total 263 beauty salons and body care stores targeting a projected sale of 140,000 units and revenue of $11 million by calendar year end 2025.

Ms. Zhixin Liu, CEO of Datasea, commented, "We are very pleased to announce our latest progress in the dynamic scaling of our acoustic high-tech products. We also anticipate developing additional avenues for our innovative healthy-living systems which will further amplify our sales of acoustic high-tech segment. The positive response from our new partners validates the market's confidence in our acoustic high-tech products and 5G+AI Digital Systems, and we expect that this momentum will continue to accelerate throughout 2025. We believe that those new Agreements will help us achieve our forecasted full-year revenue of $90 million for our fiscal year ended June 30, 2025."

Key Aspects of the New Agreements

  1. Increased Reach for Acoustic High-Tech Products
    • Datasea partners with 12 health management companies in Tianjin and Hebei to place its products in 200 additional beauty stores.
    • The primary products in the agreements include the Ultrasonic Sterilizer and the Non-Contact Sleep Aid.
    • These advanced acoustic products aim to improve service quality and enhance customer experience in partnered stores.
  2. Expansion of 5G+AI Digital Beauty System
    • The Company will continue to deploy its 5G+AI Digital System tailored for beauty industry needs, offering personalized customer services, data-driven marketing, and efficient store management.
    • The system enables optimized service workflows, AI-powered customer insights, and enhances retail store operations, helping stores offer more customized and efficient services to their customers.
  3. Revenue Growth and Market Validation
    • New agreements to drive sales of 120,000 units with a projected additional revenue of approximately $8.2 Million by year end 2025.
    • This expansion builds on the momentum from the 263 stores announced on January 6, 2025 and reinforces the positive market reception of Datasea's products and systems.

Foundation for Continued Growth and Expansion

The Company remains focused on expanding its footprint across Northern China, with plans to increase the number of partnered stores up to 10,000 beauty and body care locations in the coming years, covering additional provinces and Cities including Beijing and Inner Mongolia. Datasea aims to continue driving sales growth in its acoustic high-tech product segment while delivering value through its 5G+AI Digital System, which enhances customer service and helps its partners optimize business operations.

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
[email protected]

 


Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (“Kalkine Media, we or us”), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary.
The content published on Kalkine Media also includes feeds sourced from third-party providers. Kalkine does not assert any ownership rights over the content provided by these third-party sources. The inclusion of such feeds on the Website is for informational purposes only. Kalkine does not guarantee the accuracy, completeness, or reliability of the content obtained from third-party feeds. Furthermore, Kalkine Media shall not be held liable for any errors, omissions, or inaccuracies in the content obtained from third-party feeds, nor for any damages or losses arising from the use of such content.
Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyrighted to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have made reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.

This disclaimer is subject to change without notice. Users are advised to review this disclaimer periodically for any updates or modifications.

Two ASX Listed Stocks Giving Bullish Indications

Recent Articles

Investing Tips

Previous Next
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.