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)
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6-K - Blue Hat Interactive Entertainment Technology (0001759136) (Filer)
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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
BEIJING, China, May 29, 2024 (GLOBE NEWSWIRE) -- Blue Hat Interactive Entertainment Technology ("Blue Hat" or the "Company") (NASDAQ:BHAT), a company expanding its business to commodity trading, aiming to become a leading intelligent commodity trader worldwide today announced that its CEO has accepted an exclusive interview from China Finance Net. As technology continues to advance especially in artificial intelligence, and globalization deepens, the financial sector is undergoing significant changes. New products, scenarios, and business models are emerging, with innovation being a core driving force of industry development. Blue Hat Interactive Entertainment Technology (the "Company",
XIAMEN, China, May 22, 2024 (GLOBE NEWSWIRE) -- Blue Hat Interactive Entertainment Technology ("Blue Hat" or the "Company") (NASDAQ:BHAT) today announced that it has entered into a Letter of Intent (the "LOI") to acquire GTC Multi Trading DMCC ("GTCM"), a financial technology company registered in the United Arab Emirates. According to the LOI, BHAT plans to acquire, through multiple rounds, an aggregate of 60% of the shares of GTCM through the issuance of ordinary shares. The transaction represents a significant milestone for BHAT in the global fintech sector, especially in the innovative realm of artificial intelligence (AI)-assisted trading of gold and other precious metals and financia
HONG KONG, May 15, 2024 /PRNewswire/ -- Driven by artificial intelligence technology, Blue Hat Interactive Entertainment (Ticker: BHAT) today announced that an independently developed AI digital person, " Aileen," will serve as the company's Chief Information Officer (CIO). The development of this AI digital person is based on the company's long-term technical buildup in the gaming field and in-depth application of market-leading third-party AI technology, marking an important step for BHAT in the field of AI application services. The development of Aileen brings together two core technologies: a highly realistic digital person image and advanced language interaction capabilities. Its image
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HONG KONG, March 19, 2024 /PRNewswire/ -- Blue Hat Interactive Entertainment Technology Ltd. (NASDAQ:BHAT) announced its shift into AI financial services. Dr. Deanna Liu, Executive Director of Golden Strategy Ltd, a wholly-owned subsidiary of BHAT, stated that this strategy is a proactive response to the growth in Artificial Intelligence technology and the evolving market dynamics. BHAT's strategic shift is not merely a pursuit of new technology but is based on an understanding of the trends in AI technology development, and also the full utilization of BHAT's market resources
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