Recent Updates — DTSS
Datasea Intelligent Technology Ltd. closed the acquisition of certain patents from Tianjin Qianli Culture Media Co., Ltd. on June 23, 2026. The transaction involved an aggregate purchase price of RMB 7.0 million, settled by issuing 1,122,156 restricted Class A ordinary shares at US$0.9156 per share to designated individuals. The acquired technology is intended to enhance the multimodal data processing and visual analysis capabilities of the company's Business Execution AI Agent. Datasea Intelligent Technology Ltd. provides AI-driven technology services and software solutions.
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.