Datasea Announces the Cooperation with National Engineering Laboratory for Logistics Details Engineering to Jointly Advertise the Formulation of 5G Messaging Expectations in the Express Market

BEIJING, June 29, 2021 (Globe NEWSWIRE) — Datasea Inc. (NASDAQ: DTSS) (“Datasea” or the “Company”),

BEIJING, June 29, 2021 (Globe NEWSWIRE) — Datasea Inc. (NASDAQ: DTSS) (“Datasea” or the “Company”), a technology company engaged in providing sensible protection methods, clever components, and instruction-similar systems in China, announced today that its wholly-owned subsidiary enterprise named Shuhai Zhangxun Information Technological know-how Co., Ltd. (“Shuhai Zhangxun”) experienced entered into a cooperation arrangement with Countrywide Engineering Laboratory for Logistics Facts Technological innovation (“National Engineering Laboratory”) to jointly market the formulation of 5G Messaging benchmarks in the convey business in China.

The Nationwide Engineering Laboratory is accredited by the National Progress and Reform Commission of China and led by YTO Specific (Stock ticker: 600233.SH), a person of the best categorical organizations in China. According to the agreement, the Corporation will empower the convey business with its 5G Information-marketing Cloud System (5G MMCP), operate with Countrywide Engineering Laboratory to produce standards in exchange and sharing of logistics details and promote the adoption of 5G messaging expert services.

“This partnership demonstrates the blended strength of Datasea and Countrywide Engineering Laboratory to build 5G Messaging expectations all around the categorical business,” mentioned Zhixin Liu, CEO of Datasea, “This cooperation is also a milestone for Datasea as it acknowledges the company’s technological innovation abilities and affect in the industry. We consider the formulation of 5G messaging standards will not only help to strengthen the operational effectiveness and reduce charges of categorical delivery firms in phrases of promoting and interaction, but also raise close consumers’ pleasure of logistics providers and items in the upcoming.”

Cautionary Be aware Regarding Ahead-Seeking Statements

This press launch includes ahead-hunting statements in the meaning of Portion 21E of the Securities Exchange Act of 1934 and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These ahead-hunting statements can be recognized by terminology this kind of as “will”, “expects”, “anticipates”, “foreseeable future”, “intends”, “programs”, “thinks”, “estimates”, “goal”, “going ahead”, “outlook” and equivalent statements. These types of statements are dependent on management’s present anticipations and existing marketplace and working problems, and relate to events that entail recognised or unidentified risks, uncertainties and other variables, all of which are complicated to predict and which are over and above Datasea’s regulate, which may well cause Datasea’s actual results, functionality or achievements to differ materially and in an adverse manner from anticipated effects contained or implied in the ahead-looking statements. More facts about these and other hazards, uncertainties or elements is involved in Datasea’s filings with the U.S. Securities and Exchange Fee, which are available at Datasea does not undertake any obligation to update any forward-looking assertion as a end result of new facts, upcoming activities or in any other case, other than as demanded below regulation.

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