Datasea Inc. (NASDAQ:DTSS) (“Datasea” or the “Company”), a digital technology company incorporated in Nevada, dedicated to innovative business in acoustic high tech and 5G-Artificial Intelligence multimodal communication technology in the United States and China, today announced that the Company’s wholly-owned subsidiary, Shuhai Jingwei (Shenzhen) Information Technology Co., Ltd. (“Shuhai Jingwei”), entered into a Sales Agreement (the “Agreement”) with Shenzhen Xiaoranfang Marketing Co., Ltd. (“Xiaoranfang Marketing”) for the sale of up to approximately $8.45 million (RMB 60 million) of the Company’s acoustic high tech products. The signing of this Agreement signifies a new milestone for Datasea in promoting the domestic and international sales of its acoustic high tech products and it is expected to be a key driver of the Company’s future revenue growth.
Zhixin Liu, CEO of Datasea, commented, “We are delighted to have signed this Agreement with Xiaoranfang Marketing. This marks a significant milestone in advancing the market promotion and sales of our leading-edge acoustic high tech products. In addition to comprehensive promotion of our “Hailijia” and “Star Dream” series of high-tech acoustic products on mainstream e-commerce channels in China, this partnership is also expected to drive online sales in the U.S. market, including on platforms such as Amazon. We are optimistic about the market demand and prospects for orders, and believe this will provide a new breakthrough and momentum for the Company’s performance and growth.”
According to the Agreement, Xiaoranfang Marketing has agreed to conduct online sales of the Company’s “Hailiji”‘ brand’s air disinfection machines and closet and bathroom deodorization and disinfection products, and its “Star Dream” brand of sleep aids, among other series of acoustic high tech products, in both the Chinese and international markets. This includes traditional mainstream e-commerce platforms such as Taobao, JD.com, and PDD in China, and emerging new media platforms, such as Douyin, Kuaishou, and Little Red Book. Xiaoranfang Marketing will also access international channels like Amazon in the U.S. to promote the Company’s products.
The “Hailijia” and “Star Dream” series of acoustic high tech products are equipped with ultrasonic core modules, and feature core functions that provide powerful sterilization, odor elimination, air purification, and sleep aids which can be used in household and work environments to provide clean, safe and healthy living environments.
Xiaoranfang Marketing is a prominent marketing and promotion firm in China with extensive experience in e-commerce, new media marketing and product sales. They have substantial expertise in online sales channels through mainstream Chinese internet platforms and new media platforms as well as experience in operating and managing international Amazon platforms. The Company believes that Xiaoranfang Marketing is a perfect fit for the promotion and sales of the Company’s high tech acoustic products in both the domestic and the international markets.
Chen Siqi, CEO of Xiaoranfang Marketing, stated, “We are excited to collaborate with Datasea as their “Hailijia” and “Star Dream” series of acoustic high tech products are uniquely engineered to kill a variety of bacteria and viruses, including COVID-19 and H1N1, using sound wave technology. Datasea’s rate for killing the COVID-19 virus is an astonishing 99.83%, providing users with clean and safe living environments. We are confident that our experience with digital sales promotion and online sales channels, with our large customer base, will promote sales of Datasea’s products and achieve a win-win situation.”
