Datasea and Guangdong Canbo Announce Collaboration to Deliver Acoustic Intelligence-Enabled Solutions for Disinfect Cabinets at Scale
29 March 2022 - 12:15AM
Datasea Inc., (NASDAQ: DTSS) ("Datasea" or the "Company"),
incorporated in Nevada in September 2014, is a digital technology
corporation engaged in three converging and innovative business
segments: 5G messaging, acoustic intelligence, and smart city
technology in China. Today, the Company announced that its
subsidiary company named Shuhai Shengxiao Technology Co., Ltd.
("Shuhai Shengxiao") has entered into a three-year collaboration
agreement with Guangdong Canbo Electrical Co., Ltd. ("Canbo"), a
giant company in smart home household appliance. The collaboration
will support the advancement of next-generation disinfection
cabinet with the integration of Shuhai Shengxiao's innovative
acoustic intelligence-enabled sterilization technology.
Canbo is the inventor of the world's first household
disinfection bowl cabinet. According to Jingcanmo Data, by November
2021, Canbo has captured a dominant share of the disinfection
cabinet market and accounted for nearly 40% of all online
disinfection cabinet sales in China. The Company develops,
produces, and sells disinfection bowl cabinets, water heaters, gas
stoves, smoke machines, and other household appliances. Canbo has
grown into the world's largest production base of disinfection bowl
cabinets and a famous kitchen and bathroom appliances brand in
China.
The new collaboration will focus on leveraging the respective
strengths of Shuhai Shengxiao and Canbo to promote product
evolution and enhance user experience. Shuhai Shengxiao will
provide technology called "high-frequency sound air coupling
microorganisms and synergistic disinfection" to upgrade Canbo's
disinfection cabinet products and tackle the main problems of
current disinfection cabinet products such as heat generation and
ozone odor, and effectively bring the disinfection time from 3mins
down to 10 seconds.
Under the agreement terms, both companies will work closely and
take on responsibilities for subsequent development and
commercialization activities. Once the technology integration and
product development are finished and quality assurance is
confirmed, the product's sales are expected to reach 500,000 units
annually.
“The combination of Shuhai Shengxiao’s expertise in acoustic
intelligence and Canbo's dominance in disinfection cabinet market
makes for an ideal partnership to advance disinfection solutions
for users. This partnership closely contributes to our goals to
give users unique experiences that fundamentally enhance their
everyday lives,” said Zhixin Liu, the CEO of Datasea, “Datasea has
earned the trust of many institutions and is delivering significant
value in the form of technology-powered solutions in 5G messaging,
acoustic intelligence, and smart city. We're continually working to
ensure our customers and business partners have access to the
top-quality products and services.”
About Datasea Inc. Datasea Inc., through its variable interest
entity, Shuhai Information Technology Co., Ltd., a digital
technology company in China, engages in three converging and
innovative industries: smart city, acoustic intelligence and 5G
messaging. Datasea leverages facial recognition technology and
other visual intelligence algorithms, combined with cutting-edge
acoustic and non-visual intelligence algorithms, to provide smart
city solutions that meet the security needs of residential
communities, schools and commercial enterprises. Most recently, in
response to the growing utilization of 5G technologies and the
overall initiative to utilize Datasea’s technology capabilities to
expand business coverage and revenue resources, Datasea has also
strategically expanded business coverage to 5G messaging and smart
payment solutions. Datasea has been certified as one of the High
Tech Enterprises (jointly issued by the Beijing Science and
Technology Commission, Beijing Finance Bureau, Beijing State
Taxation Bureau and Beijing Local Taxation Bureau) and one of the
Zhongguancun High Tech Enterprises (issued by the Zhongguancun
Science Park Administrative Committee) in recognition of the
company’s achievement in high technology products. For additional
company information, please visit: www.dataseainc.com. Datasea
routinely posts important information on its website.
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.
Datasea investor and media
Contact:International Elite Capital Inc. Annabelle
ZhangTelephone: +1(646) 866-7989 Email:
datasea@iecapitalusa.com
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