Datasea Intelligent Technology Ltd. completed the delivery of three AI multimodal solution projects for its Beijing‑based subsidiary, Datasea Information Technology (Beijing) Co., Ltd., on April 16 2026. The combined contract value of the projects is RMB 6.9 million, roughly USD 1.01 million, and the company expects the related revenue to be recognized in accordance with accounting standards.
The projects are a key element of Datasea’s shift toward higher‑margin, solution‑driven business lines. CEO Ms. Zhixin Liu said, "We believe the completion and delivery of these three projects further demonstrates customer recognition of our AI multimodal platform capabilities and our ability to deliver practical, scalable solutions across multiple commercial scenarios." She added that the projects are expected to deliver strong gross‑profit contribution and validate the company’s ongoing strategic transition from scale expansion to profitability optimization.
Datasea’s FY2025 financials provide context for the significance of the projects. The company reported revenue of $71.62 million, up 198.7% from FY2024, but also a net loss of $5.09 million and a gross‑profit margin of 7.4%. The new projects are therefore expected to help lift margins and support the company’s profitability goals.
In addition to the project completion, Datasea completed a redomicile merger from Nevada to the British Virgin Islands on April 16 2026, with Datasea Intelligent Technology Ltd. becoming the surviving public holding company. The merger aligns the company’s legal structure with its strategic focus on AI‑driven solutions and positions it for future growth in the high‑margin segment.
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