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Mergers & Acquisitions ·

On June 5, 2026, the company's wholly owned subsidiary, Shuhai Tianjin, entered into an agreement to acquire a patent…

DTSSDatasea Intelligent Technology Ltd.

On June 5, 2026, the company's wholly owned subsidiary, Shuhai Tianjin, entered into an agreement to acquire a patent titled “A Cloud Detection Method Based on Scene-Level Semantic Guidance and Block-Level Boundary Disambiguation” (No. 202410651396.X) from Tianjin Qianli Culture Media Co., Ltd. The purchase price is RMB 7.0 million (approximately US$1.03 million), which will be paid via the issuance of Class A ordinary shares to two designated individuals. The number of shares will be based on the closing price of the trading day preceding the closing. Datasea Intelligent Technology Ltd. operates in the technology industry, providing intelligent computing and cloud infrastructure services.

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