Fujian Blue Hat Interactive Entertainment Technology Ltd. develops, produces, and operates augmented reality (AR) interactive entertainment games, toys, and educational materials primarily in China. Its products include AR Racer, a car-racing mobile game; AR Crazy Bug, a combat game played using a ladybug-shaped electronic toy; AR 3D Magic Box, which uses AR recognition technology to allow children to draw shapes or objects onto a physical card while the mobile game captures the drawings and animates them onto a set background; AR Dinosaur, an educational toy; ÂTalking Tom and Friends' Bouncing Bubble, which enables children to bounce and play with bubbles; and AR Shake Bouncing Bubble, which helps children to improve concentration and reaction. The company also holds license to sell products with WUHUANGWANSHUI brand images. In addition, it is developing its Internet data center business. The company offers its educational products to pre-schools. Its distribution channels include domestic distributors, e-commerce platforms, supermarkets, and export distributors. The company was incorporated in 2010 and is based in Xiamen, China.
IPO Year: 2019
Exchange: NASDAQ
Website: bluehatgroup.com
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SC 13G - Blue Hat Interactive Entertainment Technology (0001759136) (Subject)
SC 13G - Blue Hat Interactive Entertainment Technology (0001759136) (Subject)
6-K - Blue Hat Interactive Entertainment Technology (0001759136) (Filer)
6-K - Blue Hat Interactive Entertainment Technology (0001759136) (Filer)
6-K - Blue Hat Interactive Entertainment Technology (0001759136) (Filer)
SCHEDULE 13G/A - Blue Hat Interactive Entertainment Technology (0001759136) (Subject)
SCHEDULE 13G - Blue Hat Interactive Entertainment Technology (0001759136) (Subject)
SCHEDULE 13G - Blue Hat Interactive Entertainment Technology (0001759136) (Subject)
SCHEDULE 13G/A - Blue Hat Interactive Entertainment Technology (0001759136) (Subject)
SCHEDULE 13G - Blue Hat Interactive Entertainment Technology (0001759136) (Subject)
SCHEDULE 13G/A - Blue Hat Interactive Entertainment Technology (0001759136) (Subject)
6-K - Blue Hat Interactive Entertainment Technology (0001759136) (Filer)
XIAMEN, China, April 30, 2024 (GLOBE NEWSWIRE) -- Blue Hat Interactive Entertainment Technology ("Blue Hat" or the "Company") (NASDAQ:BHAT), primarily a company of commodity trading in China, today announced its audited financial results for the fiscal year ended December 31, 2023 ("Fiscal Year 2023"), reflecting a remarkable surge in the revenue. Fiscal Year 2023 Financial Highlights Blue Hat achieved a revenue of $73.68 million in 2023, increasing 33 times than the previous year. This extraordinary achievement is credited to the company's robust expansion of its commodity trading business, particularly in the realms of jewelry and gold trading, since the fourth quarter of 2022. However
XIAMEN, China, Dec. 22, 2023 (GLOBE NEWSWIRE) -- Blue Hat Interactive Entertainment Technology ("Blue Hat" or the "Company") (NASDAQ:BHAT), primarily a company of commodity trading in China, today announced its unaudited financial results for the six months ended June 30, 2023 ("First Half of 2023"). First Half of 2023 Financial Highlights First Half of 2023 total revenues of US$46.30 million, compared to US$0.80 million in the prior-year period, due to that increased commodity trading.First Half of 2023 gross profit of US$0.08 million, a decreased of 70.87% from US$0.26 million in the prior-year period. This is due to the lower gross profit margin of mass goods due to greater fluctuatio
XIAMEN, China, Dec. 30, 2022 (GLOBE NEWSWIRE) -- Blue Hat Interactive Entertainment Technology ("Blue Hat" or the "Company") (NASDAQ:BHAT), a leading communication services and Internet Data Center ("IDC") business provider and developer, and an operator of mobile games and augmented reality ("AR") education curricula and products in China, today announced its unaudited financial results for the three months ended June 30, 2022 ("Second Quarter 2022") and six months ended June 30, 2022 ("First Half 2022"). Second Quarter 2022 and First Half 2022 Financial Highlights Second Quarter 2022 total revenues of US $1.7 million, compared to US $5.9 million in the prior-year period, decreased due
XIAMEN, China, Nov. 25, 2022 (GLOBE NEWSWIRE) -- Blue Hat Interactive Entertainment Technology ("Blue Hat" or "the Company") (NASDAQ:BHAT) announced that Fujian Blue Hat Group Co. Ltd ("Fujian Blue Hat"), a wholly owned subsidiary of the Company, has acquired 100% equity interests of Xiamen Shengruihao Technology Co., Ltd. ("Shengruihao"), a company specialized in product supply chain services and integrated enterprise services, has been completed. Management Commentary Mr. Chen Xiaodong, CEO of Blue Hat, said: "I am glad to announce that the Company has completed the acquisition of Shengruihao through Fujian Blue Hat. The turnover of Shengruihao is 45 million USD over six months. Wi
XIAMEN, China, Dec. 6, 2021 /PRNewswire/ -- Blue Hat Interactive Entertainment Technology ("Blue Hat" or the "Company") (NASDAQ:BHAT), a leading communication services and internet data center ("IDC") business provider and developer, and an operator of mobile games and augmented reality ("AR") education curricula and products in China, today announced its unaudited financial results for the three and nine months ended September 30, 2021 ("Third Quarter 2021" and "Nine Months 2021", respectively). Third Quarter 2021 and Nine Months 2021 Financial Highlights Total revenues of US $13.3 million, up 235.6% from US $4.0 million in the prior-year period, driven primarily by increased sales from th
XIAMEN, China, Jan. 31, 2025 (GLOBE NEWSWIRE) -- Blue Hat Interactive Entertainment Technology ("Blue Hat" or the "Company") (NASDAQ:BHAT) today announced the completion of its purchase of one ton of gold, pursuant to sales agreement dated October, 2023, with Rongxin Precious Metal Technology Co., Ltd ("Rongxin"). The transaction was finalized following the Company's settlement of the remaining balance through the issuance of ordinary shares. Showcasing the Effectiveness of the Company's Strategic Positioning Blue Hat has made a number of strategic moves over the past two years as part of its transition to focus gold and supply chain businesses: Driving business development: In March 20
XIAMEN, China, Jan. 28, 2025 (GLOBE NEWSWIRE) -- Blue Hat Interactive Entertainment Technology ("Blue Hat" or the "Company") (NASDAQ:BHAT), today announced that on January 24, 2025, it has received a letter from The Nasdaq Stock Market LLC ("Nasdaq"), notifying that the Company is not in compliance with Nasdaq Listing Rule 5810(c)(3)(A)(iii) (the "Low Priced Stocks Rule"), as the Company's securities had a closing bid price of $0.10 or less for ten consecutive trading days from January 8, 2025 through January 23, 2025. The letter indicated that, as a result, the Nasdaq staff has determined to delist the Company's ordinary shares from The Nasdaq Capital Market (the "Delisting Determination"
XIAMEN, China, Jan. 13, 2025 (GLOBE NEWSWIRE) -- Blue Hat Interactive Entertainment Technology ("Blue Hat" or the "Company") (NASDAQ:BHAT), today announced that it has entered into securities purchase agreements with several institutional investors to purchase an aggregate of 77,989,800 Ordinary Shares (the "Ordinary Shares") in a registered direct offering. The Ordinary Shares are being sold at an offering price of $0.055 per share. The gross proceeds to the Company from the registered direct offering are estimated to be approximately $4.3 million before deducting the placement agent's fees and other estimated offering expenses payable by the Company. The offering is expected to close on
XIAMEN, China, Jan. 08, 2025 (GLOBE NEWSWIRE) -- Blue Hat Interactive Entertainment Technology ("Blue Hat" or the "Company") (NASDAQ:BHAT), today announced that it has entered into securities purchase agreements with several institutional investors to purchase an aggregate of 55,950,000 Ordinary Shares (the "Ordinary Shares") in a registered direct offering. The Ordinary Shares are being sold at an offering price of $0.07 per share. The gross proceeds to the Company from the registered direct offering are estimated to be approximately $3.9 million before deducting the placement agent's fees and other estimated offering expenses payable by the Company. The offering is expected to close on
XIAMEN, China, Jan. 06, 2025 (GLOBE NEWSWIRE) -- Blue Hat Interactive Entertainment Technology ("Blue Hat" or the "Company") (NASDAQ:BHAT), today announced that it has entered into securities purchase agreements with several institutional investors to purchase an aggregate of 55,200,000 Ordinary Shares (the "Ordinary Shares") in a registered direct offering. The Ordinary Shares are being sold at an offering price of $0.08 per share. The gross proceeds to the Company from the registered direct offering are estimated to be approximately $4.4 million before deducting the placement agent's fees and other estimated offering expenses payable by the Company. The offering is expected to close on
XIAMEN, China, Sept. 11, 2024 (GLOBE NEWSWIRE) -- Blue Hat Interactive Entertainment Technology ("Blue Hat" or the "Company") (NASDAQ:BHAT), today announced that on September 6, 2024, it has received a notification letter from The Nasdaq Stock Market LLC ("Nasdaq") notifying the Company that it is not in compliance with the minimum bid price requirement from July 25, 2024 through September 5, 2024, as set forth in Nasdaq Listing Rules 5550(a)(2), which require that the closing bid price for the Company's ordinary shares listed on Nasdaq be maintained at a minimum of US$1.00 and failure to meet it for 30 consecutive business days constitutes a compliance deficiency. The notification has no
HONG KONG, Aug. 29, 2024 (GLOBE NEWSWIRE) -- Blue Hat Interactive Entertainment Technology ("BHAT" or the "Company") (NASDAQ:BHAT) announced the execution of a 1,000-kilogram (approximately 2,204.62 pounds) gold delivery, officially marking the launch of its gold supply chain business. This delivery follows the framework agreement signed in October 2023 with Macau Rongxin Precious Metals Technology Co., Ltd. ("Macau Rongxin"), a company registered in Macau with registration number: 86918(SO) registered with the Macau Commercial Register. The spot price for gold at the time of the October 2023 framework agreement was approximately $61.14 per gram, while the spot price for gold as of
HONG KONG, Aug. 15, 2024 (GLOBE NEWSWIRE) -- Blue Hat Interactive Entertainment Technology (NASDAQ:BHAT) is emerging as a key player in gold trading industry. As reported by Reuters, since August 1st, 2024, gold prices have exhibited a mix of volatility and upward trends, influenced by various economic and geopolitical factors. Gold hit a notable high above $2,483 per ounce in July, supported by favorable market sentiment and political risks, indicating strong safe-haven demand while short-term corrections might occur due to various economic data releases and market dynamics, the medium to long-term outlook for gold remains bullish, driven by continued safe-haven demand and broader econom
CHENGDU, China, June 12, 2024 (GLOBE NEWSWIRE) -- NASDAQ-listed company Blue Hat Interactive Entertainment Technology (NASDAQ:BHAT, hereinafter referred to as ", Blue Hat", or the "Company"))) and Sichuan Jinyinghe Industrial Co., Ltd. (hereinafter referred to as "Jinyinghe") announced the signing of a framework cooperation agreement to jointly establish a leading gold supply chain company. This collaboration aims to integrate industrial resources and international financial capital to address various issues currently faced by the gold industry, promote industry transformation and innovation, and create a comprehensive, efficient gold supply chain ecosystem. In recent years, with changes
HONG KONG, June 05, 2024 (GLOBE NEWSWIRE) -- Blue Hat Interactive Entertainment Technology, a NASDAQ listed company (hereinafter referred to as "BHAT"), recently announced that its wholly-owned Hong Kong subsidiary, Golden Alpha Strategy Ltd., has been granted Dealers in Precious Metals and Stones Category A Registration by Hong Kong Customs and Excise Department. This regulatory system, implemented by the Hong Kong government on April 1, 2023, aims to combat money laundering and terrorist financing activities. BHAT actively responds to the Hong Kong government's policy initiative, committing itself to conducting and facilitating commodity trading of precious metals and stones under legal