Datasea Receives 31 Purchase Orders for Epidemic Prevention and Control Systems from Public Places Entities in Mingguang City

NEW YORK, April 01, 2020 (GLOBE NEWSWIRE) -- Datasea Inc. (NASDAQ: DTSS), a technology company engaged in providing smart security solutions and developing education-related technologies, today announced that its wholly-owned subsidiary, Guozhong Times (Beijing) Technology Ltd. (“Guozhong Times”), has received 31 purchase orders from 9 development and construction companies in Mingguang City for customized hardware and software solutions to slow the spread of COVID-19 in specific areas. As of March 31, 2020, Guozhong Times has received another 2 purchase orders from Dingyuan County and Fuding City respectively. Datasea’s systems sold in these orders will be utilized in 33 public places, including campuses, shopping malls, scenic areas, residential areas, and factory areas.

Mingguang, which is home to science and technology businesses, covers an area of 2,335 square kilometers located on the northeastern edge of Anhui Province, China. As of December 31, 2018, it has a total population of 644,000 and divided into 17 districts. At the same time, there were 80,536 students in 151 schools in Mingguang City. Among them, 147 schools are K-12 schools with 76,348 students.

Public places such as schools, malls, and factories are densely populated areas with more complicated security needs, especially when addressing the COVID-19 pandemic. As previously disclosed, Datasea’s systems are divided into the campus version and the community version, the batch of purchase orders are all for community version systems. Compared with the campus version, the community version has more customized functions, including attendance records, payroll statistics, real-time monitoring, and visual display of the management department. The value of a single purchase order ranges from $1,620 to $2,620 (RMB 11,500 to RMB 18,600). The total value of the 33 agreements is $84,000 (RMB 596,520). Pursuant to the purchase orders, customers shall pay the full amount within 15 days after the purchase order is signed. As of March 31, 2020, Guozhong Times has received $69,500 (RMB493,500).

“Datasea's primary goal is to use our technology and solutions to keep people safe. By saving time in measuring body temperature and checking masks, we believe our system can improve the work efficiency of community managers and provide a safer and more transparent environment for the public,” said Ms. Zhixin Liu, Chairman and CEO of Datasea. “With the effective control of the COVID-19 in domestic areas, the willingness of schools to resume classes and companies to resume work has become particularly strong, but these customers are also concerned about the recurrence of the virus, which is why they desire our system. We believe that Mingguang City represents a solid foothold for our initial revenue-generating contracts following our previously announced pilot contracts, and we expect to receive more purchase orders in Mingguang City and other cities over the next few months.”