BEIJING, June 29, 2021 (Globe NEWSWIRE) — Datasea Inc. (NASDAQ: DTSS) (“Datasea” or the “Company”), a engineering company engaged in furnishing intelligent security methods, wise hardware, and education-related systems in China, declared these days that its wholly-owned subsidiary business named Shuhai Zhangxun Information Technological innovation Co., Ltd. (“Shuhai Zhangxun”) had entered into a cooperation arrangement with National Engineering Laboratory for Logistics Information and facts Technologies (“National Engineering Laboratory”) to jointly endorse the formulation of 5G Messaging expectations in the categorical business in China.
The National Engineering Laboratory is approved by the Nationwide Growth and Reform Fee of China and led by YTO Specific (Inventory ticker: 600233.SH), 1 of the top categorical companies in China. In accordance to the settlement, the Organization will empower the categorical business with its 5G Message-advertising Cloud System (5G MMCP), operate with Nationwide Engineering Laboratory to acquire standards in trade and sharing of logistics information and facts and boost the adoption of 5G messaging companies.
“This partnership demonstrates the blended energy of Datasea and Nationwide Engineering Laboratory to acquire 5G Messaging expectations about the express market,” explained Zhixin Liu, CEO of Datasea, “This cooperation is also a milestone for Datasea as it recognizes the company’s technology expertise and impact in the industry. We feel the formulation of 5G messaging specifications will not only assistance to make improvements to the operational effectiveness and decrease charges of express delivery corporations in terms of advertising and conversation, but also boost end consumers’ fulfillment of logistics companies and products and solutions in the foreseeable future.”
Cautionary Notice About Ahead-Looking Statements
This push release incorporates ahead-seeking statements in just the that means of Segment 21E of the Securities Exchange Act of 1934 and as outlined in the U.S. Private Securities Litigation Reform Act of 1995. These ahead-searching statements can be recognized by terminology these as “will”, “expects”, “anticipates”, “upcoming”, “intends”, “plans”, “thinks”, “estimates”, “concentrate on”, “going ahead”, “outlook” and equivalent statements. These kinds of statements are dependent on management’s current expectations and current marketplace and functioning conditions, and relate to gatherings that include recognized or unknown dangers, uncertainties and other things, all of which are tough to forecast and which are outside of Datasea’s command, which may lead to Datasea’s precise results, effectiveness or achievements to vary materially and in an adverse way from anticipated success contained or implied in the ahead-seeking statements. Further more details concerning these and other challenges, uncertainties or factors is integrated in Datasea’s filings with the U.S. Securities and Trade Commission, which are available at www.sec.gov. Datasea does not undertake any obligation to update any forward-seeking assertion as a outcome of new data, long term functions or or else, except as needed under law.
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