Benzinga | Jan 18, 2022 09:06AM EST

Blue Hat Subsidiary Xunpusen Expands Cooperation With JD Cloud

Blue Hat Interactive Entertainment Technology ("Blue Hat" or the "Company") (NASDAQ:BHAT), a leading communication services and internet data center ("IDC") business provider and developer, and an operator of mobile games and augmented reality ("AR") education curricula and products in China, today announced the expansion of the previously announced cooperation between the Company's operating subsidiary, Xunpusen Technology Co., Ltd. ("Xunpusen"), and JD Cloud, a leading cloud computing brand under tech giant JD Technology Group, following JD Cloud's authorization of Xunpusen as one of its core channel partners.

In October 2021, Blue Hat announced that Xunpusen signed an agreement to be a channel and port provider for JD Cloud's SMS channels services. Having obtained the certification and licensure as a JD Cloud core channel partner, Xunpusen anticipates deepening its cooperation with JD Cloud based on previously signed SMS channel agreements, which will provide opportunities to grow Blue Hat's IDC business and other businesses, while developing a flow of additional resources between JD Cloud and Xunpusen.

Management Commentary

Mr. Xiaodong Chen, CEO of Blue Hat, stated, "We are pleased to have received this additional vote of confidence from JD Cloud and look forward to expanding our cooperation with them as one of their core channel partners. Xunpusen intends to continue focusing on developing its core technologies and platforms. We believe our partnerships within the industry are critical to continuing the growth trajectory of our IDC business, and we continue to explore new cooperation opportunities and ways to deepen existing relationships such as this one."