On April 2, 2026, Datasea Inc. held a special meeting of stockholders where significant decisions were made regarding the company's future. The primary focus of the meeting was the approval of a Merger Agreement and Plan of Merger with Datasea Intelligent Technology Ltd. (DIT), a wholly owned subsidiary of Datasea Inc. The merger is set to position Datasea Inc. for enhanced operational capabilities and market reach. The voting results revealed overwhelming support for the merger proposal, with 6,535,347 votes in favor and only 15,306 against, indicating strong confidence among shareholders in the strategic direction of the company. This merger is expected to streamline operations and potentially increase shareholder value, as it consolidates resources and expertise under a unified entity. Additionally, the meeting addressed the conversion of shares, where 2,000,000 shares of common stock held by key stakeholders will be converted into Class B ordinary shares of DIT, while other shares will convert into Class A ordinary shares. This strategic move is anticipated to enhance the company's capital structure and provide a clearer path for future growth. The merger aligns with Datasea's long-term strategy to expand its footprint in the technology sector, particularly in data solutions and intelligent technology services. As the company moves forward with this merger, it is poised to leverage synergies that could lead to improved operational efficiencies and market competitiveness.

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