Datasea Inc. Issues Statement Regarding Recent Market Activity
BEIJING, Nov. 18, 2025 /PRNewswire/ -- Datasea Inc. (NASDAQ:DTSS) ("Datasea" or the "Company") ,a Nevada-based high-tech enterprise engaged in acoustic technologies and AI multimodal digitalization, today issues a brief statement regarding recent trading activity in its common stock.
The Company has observed fluctuations in its share price and trading volume over the past several days. Datasea emphasizes that operations remain normal, the Company's business and financial position are solid, and all core initiatives continue to progress as planned. Management is not aware of any undisclosed material information or corporate developments that would explain the recent market activity.
Last week, Datasea reported strong financial results for the first fiscal quarter of 2026, including gross profit of USD 1.17 million, up 4.9x year-over-year, and a gross margin improvement to 8.46%, reflecting the Company's successful shift toward high-margin, technology-driven solutions. We are actively evaluating a range of strategic measures to help the market better recognize the value created by our technology innovation, margin improvement, and expanding commercial opportunities. Our goal is to ensure that Datasea's market performance more accurately reflects its financial progress and future growth trajectory.
CEO Ms. Zhixin Liu stated, "We sincerely appreciate the continued trust and support from our investors. We remain confident that as Datasea executes its established strategies and advances its long-term development plans, the Company will achieve sustainable, high-quality growth. Most recently, we have achieved important technological breakthroughs in acoustic technologies and brain–computer interface applications, further strengthening our competitive advantages and future growth momentum. We look forward to advancing together with our shareholders to realize the full value and long-term potential of Datasea."
The Company reminds investors to rely solely on information issued through official SEC filings, press releases, and authorized public communications.
The Company will continue to provide timely updates on its business progress and maintain transparent communication with the market in accordance with applicable disclosure requirements.
About Datasea Inc.
Datasea Inc. ("Datasea") is a leading provider of products, services, and solutions for enterprise and retail customers in two innovative industries, acoustic high tech and 5G-AI multimodal digitalization. The Company's advanced R&D technology serves as the core infrastructure and backbone for its products. Its 5G multimodal digital segment operates on a cloud platform based on AI. Datasea leverages cutting-edge technologies, precision manufacturing, and ultrasonic, infrasound and directional sound technology in its acoustics business to combat viruses and prevent human infections, and it is also developing applications in medical ultrasonic cosmetology. In July 2023, Datasea established a wholly-owned subsidiary, Datasea Acoustics LLC, in Delaware, in a strategic move to enter the U.S. markets and to mark its global expansion plan. For additional information, please visit www.dataseainc.com.
Cautionary Note Regarding Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934 and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will", "expects", "anticipates", "future", "intends", "plans", "believes", "estimates", "target", "going forward", "outlook," "objective" and similar terms. Such statements are based upon management's current expectations and current market and operating conditions, and relate to events that involve known or unknown risks, uncertainties and other factors, all of which are difficult to predict and which are beyond Datasea's control, which may cause Datasea's actual results, performance or achievements (including the RMB/USD value of its anticipated benefit to Datasea as described herein) to differ materially and in an adverse manner from anticipated results contained or implied in the forward-looking statements. Further information regarding these and other risks, uncertainties or factors is included in Datasea's filings with the SEC, which are available at www.sec.gov. Datasea does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under law.
Investor and Media Contact:
Datasea Investor Relations
Email: investorrelations@shuhaixinxi.com
[email protected]
Precept Investor Relations LLC
David Rudnick
+1 646-694-8538
[email protected]
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SOURCE Datasea Inc.