Datasea Intelligent Technology Ltd. Completes Delivery of Three AI Multimodal Solution Projects with Aggregate Contract Value of Approximately USD 1.01 Million

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Completed Projects Further Support the Company's Transition Toward High-Margin, Solution-Driven Revenue and Strengthen Customer Stickiness Across AI Multimodal Application Scenarios BEIJING, April 20, 2026 /PRNewswire/ -- Datasea Intelligent Technology Ltd. (NASDAQ: DTSS) ("Datasea" or the "Company"), a technology company specializing in AI-powered multimodal digital solutions and acoustic high-tech innovation, today announced that its China-based variable interest entity, Datasea Information Technology (Beijing) Co., Ltd., has completed the delivery of three AI multimodal solution projects with an aggregate contract value of RMB 6.9 million (approximately USD 1.01 million). The Company believes that, following completion of the contracted services in accordance with the relevant project requirements, the related revenue is expected to be recognized in accordance with applicable accounting standards, and that these completed projects further reflect continued progress in its transition toward high-margin, solution-driven business lines and are expected to make a strong gross profit contribution. Effective April 16, 2026, the Company completed its redomicile merger from Nevada to the British Virgin Islands, with Datasea Intelligent Technology Ltd. becoming the surviving public holding company. The Company's Class A ordinary shares continue to trade on the Nasdaq Capital Market under the symbol "DTSS" following the effectiveness of the redomicile merger on April 16, 2026. Ms. Zhixin Liu, Chief Executive Officer of Datasea Intelligent Technology Ltd., commented: "We believe the completion and delivery of these three projects further demonstrates customer recognition of our AI multimodal platform capabilities and our ability to deliver practical, scalable solutions across multiple commercial scenarios. More importantly, we believe these projects are expected to deliver strong gross profit contribution and further validate our ongoing strategic transition toward higher-margin, technology-driven, and solution-oriented business lines. Leveraging our multimodal data processing and intelligent agent collaboration capabilities, we are expanding intelligent, scenario-based digital solutions across small and micro enterprise services, new media marketing services, digital rural service applications, and beauty and wellness d...

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