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
| Date | Price Target | Rating | Analyst |
|---|
SC 13G - Blue Hat Interactive Entertainment Technology (0001759136) (Subject)
SC 13G - Blue Hat Interactive Entertainment Technology (0001759136) (Subject)
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
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)
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)
XIAMEN, China, April 07, 2025 (GLOBE NEWSWIRE) -- Blue Hat Interactive Entertainment Technology ("Blue Hat" or the "Company") (NASDAQ:BHAT), a Cayman Islands company, today announced that on April 2, 2025, it received a letter (the "Letter") from the Nasdaq Stock Market LLC (the "Nasdaq") notifying the Company that it has regained compliance with the Nasdaq Capital Market's minimum bid price requirement and the matter is closed. As previously reported, on September 6, 2024, Nasdaq notified the Company that the bid price of its listed securities had closed at less than $1.00 per share over the previous 30 consecutive business days and, as a result, did not comply with Listing Rule 5550(a)(
HONG KONG, March 25, 2025 (GLOBE NEWSWIRE) -- In March 2025, the international gold market has continued to strengthen. On March 18, the COMEX gold futures price broke through $3,040 per ounce, while the London spot gold price also climbed to $3,030 per ounce, both setting new historical records. According to the World Gold Council's recently released "Global Gold Demand Trends Report" for the full year of 2024, global central banks have purchased more than 1,000 tons of gold for three consecutive years. Based on the official reserve asset data published by the People's Bank of China and the State Administration of Foreign Exchange in January, China's central bank's gold reserves have also
HONG KONG, March 18, 2025 (GLOBE NEWSWIRE) -- Blue Hat Interactive Entertainment Technology ("Blue Hat" or the "Company") (NASDAQ:BHAT) has successfully completed the final payment for the gold transaction between its Hong Kong wholly-owned subsidiary, Golden Alpha Strategy Limited, and Macau Rongxin Precious Metals Technology Co., Ltd. According to the agreement, these ordinary shares are subject to a 3-year lock-up period and do not carry voting rights. This arrangement reflects the full trust and confidence of Macau Rongxin Precious Metals Technology Co., Ltd. in Blue Hat's management. By completely handing over the voting rights to Blue Hat's management by contract, Rongxin not on
HONG KONG, March 14, 2025 (GLOBE NEWSWIRE) -- Blue Hat Interactive Entertainment Technology ("Blue Hat" or the "Company") (NASDAQ:BHAT) and Axis Capital Group officially signed a strategic cooperation agreement in Hong Kong to jointly develop the world's first gold RWA (Real World Assets) tokenization project. This collaboration marks another milestone in the deep integration of the traditional gold industry and blockchain technology, signaling a transformative shift in the liquidity, transparency, and accessibility of gold investments. RWA Tokenization: Reshaping the Landscape of Gold Investment RWA tokenization refers to the process of digitizing real-world assets (such as real est
XIAMEN, China, March 12, 2025 (GLOBE NEWSWIRE) -- Blue Hat Interactive Entertainment Technology ("Blue Hat" or the "Company") (NASDAQ:BHAT), a Cayman Islands company, reported that it expects to implement a 1-for-100 reverse stock split on its ordinary shares effective Monday, March 17, 2025, with trading to begin on a split-adjusted basis at the market open on that day. Before such reverse stock split, the Company has a total of 493,820,989 ordinary shares issued and outstanding. Trading in the ordinary shares will continue on the Nasdaq Capital Market under the symbol "BHAT". The new CUSIP number for the ordinary shares following the reverse stock split is G1329V 114. Upon the effective
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