Datasea Inc. announced that Shuhai Jingwei (Shenzhen) Information Technology Co. Ltd. ("Shuhai Jingwei"), a subsidiary of the Chinese operating company contractually controlled by the Company, has entered into a procurement agreement with Shenzhen Huanchen Technology Co. Ltd. ("Huanchen”) to supply 5G messaging services.

As a result of continued success among 5G Messaging service providers and a great tracking record to enhance client acquisition and engagement workflows, Datasea's large institutional client list keeps expanding. In conjunction with the 5G messaging recharge payment agreement, Shuhai Jingwei will act as the supplier and provide: 1) 5G messaging recharge payment services of China Mobile, China Unicom, and China Telecom; 2) A technical interface as a transmission channel for fee settlement. The term of the agreement is twelve months, during which the service fee will be prepaid by Huanchen and the total purchase amount of the order will be RMB 30 million (approximately USD 4.4 million).