XIAMEN, China, Jan. 18, 2022 /PRNewswire/ -- Blue Hat
Interactive Entertainment Technology ("Blue Hat" or the "Company")
(NASDAQ: BHAT), a leading communication services and internet
data center ("IDC") business provider and
developer, and an operator of mobile games and augmented
reality ("AR") education curricula and products in China, today announced the expansion of
the previously announced cooperation between the Company's
operating subsidiary, Xunpusen Technology Co., Ltd. ("Xunpusen"),
and JD Cloud, a leading cloud computing brand under tech giant JD
Technology Group, following JD Cloud's authorization of Xunpusen as
one of its core channel partners.
In October 2021, Blue Hat
announced that Xunpusen signed an agreement to be a channel and
port provider for JD Cloud's SMS channels services. Having obtained
the certification and licensure as a JD Cloud core channel partner,
Xunpusen anticipates deepening its cooperation with JD Cloud based
on previously signed SMS channel agreements, which will provide
opportunities to grow Blue Hat's IDC business and other businesses,
while developing a flow of additional resources between JD Cloud
and Xunpusen.
Management Commentary
Mr. Xiaodong Chen, CEO of Blue
Hat, stated, "We are pleased to have received this additional vote
of confidence from JD Cloud and look forward to expanding our
cooperation with them as one of their core channel partners.
Xunpusen intends to continue focusing on developing its core
technologies and platforms. We believe our partnerships within the
industry are critical to continuing the growth trajectory of our
IDC business, and we continue to explore new cooperation
opportunities and ways to deepen existing relationships such as
this one."
About Blue Hat
Blue Hat is a leading communication services and IDC business
provider and a producer, developer and operator of AR interactive
entertainment games, toys and educational materials in China. Distinguished by its own proprietary
technology, Blue Hat aims to create an engaging, interactive and
immersive community for its users. For more information, please
visit the Company's investor relations website at
http://ir.bluehatgroup.com. The Company routinely provides
important information on its website.
Forward-Looking Statements
This release contains forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933, as amended
and Section 21E of the Securities Exchange Act of 1934, as amended.
All forward-looking statements are inherently uncertain as they are
based on current expectations and assumptions concerning future
events or future performance of the Company. Readers are cautioned
not to place undue reliance on these forward-looking statements,
which are only predictions and speak only as of the date hereof. In
evaluating such statements, prospective investors should review
carefully various risks and uncertainties identified in this
release and matters set in the Company's SEC filings, including its
Annual Report on Form 20-F. These risks and uncertainties could
cause the Company's actual results to differ materially from those
indicated in the forward-looking statements.
Contacts:
Blue Hat Interactive Entertainment Technology
Phone: +86 (592) 228-0010
Email: ir@bluehatgroup.net
Investor Relations:
The Equity Group Inc.
Carolyne Sohn, Vice
President
(415) 568-2255
csohn@equityny.com
In China
Lucy Ma, Associate
+86 10 5661 7012
lma@equityny.com
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SOURCE Blue Hat Interactive Entertainment Technology