Datasea says operations ‘normal,’ business and financial position ‘solid’

Datasea (DTSS) issued a brief statement regarding recent trading activity in its common stock. “The company has observed fluctuations in its share price and trading volume over the past several days. Datasea emphasizes that operations remain normal, the Company’s business and financial position are solid, and all core initiatives continue to progress as planned. Management is not aware of any undisclosed material information or corporate developments that would explain the recent market activity. Last week, Datasea reported strong financial results for the first fiscal quarter of 2026, including gross profit of USD 1.17 million, up 4.9x year-over-year, and a gross margin improvement to 8.46%, reflecting the Company’s successful shift toward high-margin, technology-driven solutions. We are actively evaluating a range of strategic measures to help the market better recognize the value created by our technology innovation, margin improvement, and expanding commercial opportunities. Our goal is to ensure that Datasea’s market performance more accurately reflects its financial progress and future growth trajectory.” CEO Zhixin Liu stated, “We sincerely appreciate the continued trust and support from our investors. We remain confident that as Datasea executes its established strategies and advances its long-term development plans, the Company will achieve sustainable, high-quality growth. Most recently, we have achieved important technological breakthroughs in acoustic technologies and brain-computer interface applications, further strengthening our competitive advantages and future growth momentum. We look forward to advancing together with our shareholders to realize the full value and long-term potential of Datasea.”