RTTNews | Sep 13, 2021 10:31AM EDT

10:30 Monday, September 13, 2021 (RTTNews.com) - Shares of Datasea Inc. (DTSS) are rising over 18% Monday morning, after the company announced that its wholly-owned subsidiary Shuhai Zhangxun Information Technology Co., Ltd. had entered into a $4.33 million short messages business sales cooperation agreement to provide Short Message and 5G Multimedia Message Services to Hubei Kuanyun Network Technology Co., Ltd.

Under the Agreement, Shuhai Zhangxun will provide Messaging Services to help Hubei Kuanyun reach its clients, including suppliers, business partners, and customers.

The stock, which has been trading in the range of $1.71 - $6.84 for the past one year, is currently trading at $2.45, up 37 cents or 18.20%, with trading volume surging over 7.27 million versus an average volume of 3.32 million shares.

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