DTSS on Track to Achieve Record Revenue for Fiscal 2024 as it Further Penetrates China's $528 Billion 5G Market BEIJING, May 6, 2024 /PRNewswire/ -- Datasea Inc. (NASDAQ:DTSS) ("Datasea" or the "Company"), a digital technology company incorporated in Nevada and engaged in innovative business segments for acoustic high tech and 5G-AI multimodal communication technology in China, pre-announced estimated revenue of approximately $12.5 million for the month of April 2024. This revenue, which is mainly attributable to Datasea's 5G multimodal communication business, supports the Company's revenue previously announced guidance of $86 million for its full fiscal year, representing a 1,128% year-over-year increase. Datasea's CEO, Zhixin Liu, commented, "Our projected revenue stems primarily from our leading 5G-AI multimodal communication business. Through relentless effort and continuous innovation, we have established solid cooperative relationships with major clients, providing strong impetus for the company's business growth, and we expect to achieve revenue of $86 million for the full fiscal year, as projected. Our clients include important partners whose trust and support represent a vital factor in our success." The Company's announcement of estimated revenue of approximately $12.5 million for the month of April 2024 accelerates the Company's revenue ramp, as it recorded approximately $11.3 million in revenue for the three months comprising its second quarter ended December 31, 2023. The Company will announce its third quarter financial results for the period ended March 31, 2024, in mid-May. Datasea's 5G Communications Segment Datasea serves more than 48 million enterprises and individual users in China ...