Taoping Inc. provides cloud-based platform, resource sharing, and big data solutions to the Chinese new media, education residential community management, and elevator Internet of Things (IoT) industries in the People's Republic of China. The company operates in two segments, Cloud-Based Technology and Traditional Information Technology. It offers cloud-based software as a service to automate the interactive workflow between advertising agencies and their customers, including establishing new advertising projects, submitting advertisement proposals, revising and approving advertising proposals, processing payment online, remotely uploading advertisement content, and tracking and analyzing performance data. The company also provides project-based technology products and services for the public sector; and software and hardware with integrated solutions, including information technology infrastructure, Internet-enabled display technologies, and IoT platforms to customers in government, education, residential community management, media, transportation, healthcare, and other private sectors, as well as related maintenance and support services. In addition, it offers cloud-application-terminal and IoT technology based digital advertising distribution network and media resource sharing platform in the out-of-home advertising markets. Further, the company operates Taoping Net, an advertising-resources trading service platform, which connect screen owners, advertisers, and consumers; Taoping App, which enable customers to distribute and manage ads from mobile terminals; and blockchain business. It has strategic partnership agreement with Ivy International Education Technology Co., Ltd. to develop and market new learning programs for quality education. The company was formerly known as China Information Technology, Inc. and changed its name to Taoping Inc. in June 2018. Taoping Inc. was founded in 1993 and is headquartered in Causeway Bay, Hong Kong.
IPO Year:
Exchange: NASDAQ
Website: taop.com
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SHENZHEN, China, June 2, 2025 /PRNewswire/ -- Taoping Inc. (NASDAQ:TAOP, the ", Company", )), a provider of innovative smart cloud platform services and solutions, today announced that it has been selected for a new RMB 20 million (US$2.8 million) sales and purchase agreement. Under the latest agreement with Hunan Xiuxiang Agricultural Technology Co., Ltd. ("Xiuxiang Agricultural"), the two parties will cooperate over a two-year period, during which Taoping will supply designated agricultural products. Xiuxiang Agricultural, based in Changsha, Hunan Province, specializes in the sale of vegetable products. After studying Taoping's state-of-the-art agricultural base in Mengla County, Yunnan P
SHENZHEN, China, May 27, 2025 /PRNewswire/ -- Taoping Inc. (NASDAQ:TAOP, the ", Company", )), a provider of innovative smart cloud platform services and solutions, today announced that the board of directors of the Company approved a one-for-thirty reverse stock split of the Company's issued and outstanding ordinary shares, no par value (the "Ordinary Shares"). Beginning May 29, 2025, the Company's Ordinary Shares will be trading on a split-adjusted basis under the same symbol "TAOP" but with new CUSIP number, G8675V135. As a result of the share consolidation, each thirty Ordinary Shares outstanding will automatically combine and convert to one issued and outstanding Ordinary Share without
SHENZHEN, China, April 29, 2025 /PRNewswire/ -- Taoping Inc. (NASDAQ:TAOP, the ", Company", )), a provider of innovative smart cloud platform services and solutions, today reported financial results for the year ended December 31, 2024. The Company expects to file its annual report on Form 20-F for the year ended on December 31, 2024 with the U.S. Securities and Exchange Commission ("SEC") on or about April 29, 2025. Mr. Jianghuai Lin, Chairman and CEO of Taoping, said: "2024 marked a significant transition year for the Company as we focused on developing new AI-driven products, while enhancing our existing solutions to become more feature-rich and AI-enabled. This resulted in a slight dec
SHENZHEN, China, April 23, 2025 /PRNewswire/ -- Taoping Inc. (NASDAQ:TAOP, the ", Company", )), a provider of innovative smart cloud platform services and solutions, today reported a total contract revenue value of approximately RMB 72.5 million (approximately USD $9.9 million) for the first quarter of fiscal year 2025, representing 24.5% growth compared to the first quarter of fiscal year 2024, driven by continued strong demand for its products and solutions, which in many cases offer enhanced integration with popular AI components. Mr. Jianghuai Lin, Chairman and CEO of Taoping, said: "Our unwavering focus and consistent efforts in expanding our AI-related product lines and applications c
SHENZHEN, China, Feb. 10, 2025 /PRNewswire/ -- Taoping Inc. (NASDAQ:TAOP, the ", Company", )), a provider of innovative smart cloud platform services and solutions, today revealed that it has entered into a non-binding strategic cooperation framework agreement with the Government of Mengla County, Yunnan Province. The agreement outlines plans for extensive collaboration in the modern agricultural industry, with the objective of boosting regional economic growth. According to the agreement, the project aims to invest in developing an agricultural planting base in Mengla County, Xishuangbanna Prefecture, Yunnan Province. Over the next three years, the partners plan to expand the base to 3,500
SHENZHEN, China, Dec. 20, 2024 /PRNewswire/ -- Taoping Inc. (NASDAQ:TAOP, the ", Company", )), a provider of innovative smart cloud platform services and solutions, new media and artificial intelligence (AI) solutions, today announced that on December 19, 2024, it received notification from The Nasdaq Stock Market LLC ("Nasdaq") confirming the Company has been granted an additional 180 calendar day period for compliance under its minimum bid price requirement through June 16, 2025. To regain compliance with Nasdaq's minimum bid price requirement set forth under Nasdaq Listing Rule 5810(c)(3)(A), the closing bid price of the Company's ordinary shares needs to be at least US$1.00 per share or
SHENZHEN, China, Dec. 9, 2024 /PRNewswire/ -- Taoping Inc. (NASDAQ:TAOP, the ", Company", )), a provider of innovative smart cloud platform services and solutions, new media and artificial intelligence (AI) solutions, today announced that it has signed a non-binding letter of intent to acquire 100% of the equity of Shenzhen Yunti Internet of Things Co., Ltd. ("Yunti"), a Chinese company based in Shenzhen, Guangdong Province. Taoping's acquisition of Yunti, if consummated, is expected to open new revenue growth opportunities for the Company, while further consolidating and expanding the Company's market share in the lucrative elevator equipment and service industry. Under the letter of inten
SHENZHEN, China, Sept. 5, 2024 /PRNewswire/ -- Taoping Inc. (NASDAQ:TAOP, the ", Company", ))), a provider of innovative smart cloud platform services and solutions, new media and artificial intelligence (AI) solutions, today reported a 28.4% year over year revenue growth to $18.1 million for the six months ended June 30, 2024, with a significant improvement in profitability as the Company delivered net income of $0.13 per diluted share, compared to a net loss of $1.10 per diluted share in the same period of last year. Taoping's strong first half 2024 results were driven by in
SHENZHEN, China, Aug. 12, 2024 /PRNewswire/ -- Taoping Inc. (NASDAQ:TAOP, the ", Company", ))), a developer of innovative smart cloud platform services and solutions, new media and artificial intelligence solutions, today reported a total contract revenue value of approximately RMB 27.4 million (approximately USD $3.8 million) for the month of July 2024, representing 30% growth compared to July 2023, driven by strong demand for its AI-based products. Mr. Lin Jianghuai, Chairman and CEO of Taoping, said: "This impressive and consistent growth strengthens our confidence in the unprecedented opportunities for further revenue growth acceleration ahead of the Company. This growth is being led by
SHENZHEN, China, July 18, 2024 /PRNewswire/ -- Taoping Inc. (NASDAQ:TAOP, the ", Company", ))), a developer of innovative smart cloud platform services and solutions, new media and artificial intelligence solutions, today announced a further expansion of its AI business with a new order for the Company's enhanced AI-powered Smart Terminals, which offer a powerful combination of efficiency, customization, and engagement, making them a compelling choice for businesses looking to optimize their operations and enhance customer interactions. Mr. Lin Jianghuai, Chairman and CEO of T
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SHENZHEN, July 01, 2021 (GLOBE NEWSWIRE) -- Taoping Inc. (NASDAQ:TAOP, the "Company" or "TAOP"))), a provider of blockchain technology and smart cloud services, today provides an update of its business and announces the promotion of Huan Li, current director of Digital Culture Business Division, to concurrently serve as the Company's Chief Marketing Officer. Mr. Li will oversee all product marketing, brand strategy, direct and digital marketing, data analytics and marketing operations. "Since joining TAOP in March, Mr. Li has proven to be an experienced marketing leader with keen market observations and strong market development abilities, and his presence has been felt across the entir
SHENZHEN, May 19, 2021 (GLOBE NEWSWIRE) -- Taoping Inc. (NASDAQ:TAOP, the "Company"))), a provider of Internet-based smart display screens, and a new-media ecosystem that enables targeted advertising and online retail, today announced the establishment of its majority-owned subsidiary, Taoping Digital Assets (Hong Kong) Limited ("Taoping Digital Assets"). Taoping Digital Assets is a Hong Kong limited liability company and its main business is expected to be managing Taoping G Cloud Hong Kong Data Center and providing support to the Company's five business divisions from Hong Kong. Mr. Chi To Ip was appointed as president of Taoping Digital Assets. Mr. Ip has more than 20 years of experi
SHENZHEN, May 10, 2021 (GLOBE NEWSWIRE) -- Taoping Inc. (NASDAQ:TAOP, the "Company"))), a provider of Internet-based smart display screens, and a new-media ecosystem that enables targeted advertising and online retail, today announced the appointment of Ms. Liqiong (Iris) Yan as Chief Financial Officer and the launch of two newly-created business divisions- Digital Server Business Division and G Cloud Computing Power Business Division. The Company also announced the appointment of Mr. Zhiqiang Zhao, president of TAOP, concurrently as director of Digital Server Business Division, and the appointment of Mr. Zhixiong Huang, COO of TAOP, concurrently as director of G Cloud Computing Power Busi
SHENZHEN, March 18, 2021 (GLOBE NEWSWIRE) -- Taoping Inc. (NASDAQ: TAOP, the “Company”), a provider of internet-based smart display screens, and a new-media ecosystem that enables targeted advertising and online retail, today announced the launch of a newly-created Digital Culture Business Division that covers Taoping’s new-media business and education business, and the appointment of Zhixiong Huang, COO of TAOP, as director of Digital Culture Business Division concurrently, and Huan Li as Executive Associate Director of the Division. Huan Li has over 15 years’ experience in the culture and media field. He has worked as a reporter for several media outlets including Asia Pacific Media Gro
SHENZHEN, March 09, 2021 (GLOBE NEWSWIRE) -- Taoping Inc. (NASDAQ: TAOP, the “Company”), a provider of internet-based smart display screens, and a new-media ecosystem that enables targeted advertising and online retail, today announced the launch of a newly-created Blockchain Business Division and the appointment of Linxi Deng as director of Blockchain Business Division. Linxi Deng has over five years’ experience in Bitcoin mining operations. Before joining TAOP, she served as chief operating officer at Polar Bear Mining in charge of the construction of a 10MW Bitcoin Mining Unit powered by natural gas in Alberta, Canada. From December 2016 to December 2018, Ms. Deng worked at New Block
SHENZHEN, March 03, 2021 (GLOBE NEWSWIRE) -- Taoping Inc. (NASDAQ: TAOP, the “Company”), a provider of internet-based smart display screens, and a new-media ecosystem that enables targeted advertising and online retail, today announced the appointment of Dongfeng Wang to Chief Strategy Officer. Mr. Wang will be responsible for blockchain and digital assets business development and will be a driving force for the Company to uncover marketplace opportunities. “We are pleased to bolster our management team by adding Mr. Wang’s experience and expertise in blockchain and investment. As we seek to tap into the blockchain and digital asset market, Mr. Wang is exactly the transformational leader
Revenue Increased 124.6% YoY and Gross Margin increased to 37.6% HONG KONG, May 02, 2022 (GLOBE NEWSWIRE) -- Taoping Inc. (NASDAQ:TAOP, the "Company" or "TAOP"))), a provider of blockchain technology and smart cloud services, today announced its financial results for the year ended December 31, 2021. Fiscal Year 2021 Financial Highlights Revenue was $24.8 million for the year ended December 31, 2021, an increase of $13.8 million from $11.0 million for the year ended December 31, 2020. The revenue increase was mainly attributed to products and software sales totalling $5.8 million, advertising from the recently acquired subsidiary, Taoping New Media Co., Ltd. ("TNM") of
Hong Kong, Oct. 26, 2021 (GLOBE NEWSWIRE) -- Taoping Inc. (NASDAQ:TAOP), a provider of blockchain technology and smart cloud services, today announced its unaudited financial results for the six months ended June 30, 2021. Revenue was $6.4 million for the first six months of 2021 as compared to $3.7 million for the same period of last year, representing an increase of $2.7 million, or 71.9%. The increase was primarily due to the increase of the sale of high-end data storage servers and software, the addition of advertising revenue as a result of the acquisition of Taoping New Media Co., Ltd. ("TNM") on June 9, 2021, and the new revenue stream from cryptocurrency mining that the Compan
SHENZHEN, China, April 30, 2021 (GLOBE NEWSWIRE) -- Taoping Inc. (NASDAQ:TAOP), a provider of Internet-based smart display screens, and a new-media ecosystem that enables targeted advertising and online retail, today announced its financial results for the year ended December 31, 2020. Revenue was $11.0 million for the year ended December 31, 2020, a decrease of $2.8 million, compared to $13.8 million for the year ended December 31, 2019. Revenue was $7.3 million for the second half year of 2020, an increase of $3.6 million or 96% from $3.7 million for the first half year of 2020, and an increase of $0.6 million or 9% from $6.7 million for the second half year of 2019. The decrease in rev