Datasea Inc. Affirms Business Stability Amid Unusual Market Activity

Reuters
2025/11/18
Datasea Inc. Affirms Business Stability Amid Unusual Market Activity

Datasea Inc. issued a statement addressing recent fluctuations in its share price and trading volume, emphasizing that its operations and financial position remain solid and all core initiatives are progressing as planned. The company stated that management is not aware of any undisclosed material information or corporate developments that would explain the market activity. Datasea urged investors to rely only on official SEC filings and authorized communications for information. CEO Zhixin Liu highlighted the company's recent technological breakthroughs in acoustic technologies and brain-computer interface applications, expressing confidence in Datasea's long-term growth. The company also noted strong financial results for the first fiscal quarter of 2026, including a significant increase in gross profit and improved margins, and said it is considering strategic measures to help the market better recognize its value.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Datasea Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: CN27477) on November 18, 2025, and is solely responsible for the information contained therein.

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