Core Viewpoint - Taoping Inc. has secured a new AI-powered Smart Terminal contract valued at over US$1 million and has entered a strategic cooperation agreement with Zhenjiang Fengchao Technology to enhance market penetration of its innovative products [1][2]. Company Overview - Taoping Inc. specializes in developing smart cloud platform services, new media, and AI solutions, aiming to improve communication and marketing effectiveness for clients in both private and public sectors [5][6]. - The company has established a comprehensive ecosystem of city partners and a portfolio of high-traffic areas for its products [5]. Product Development - The newly launched AI-powered Smart Terminals utilize high-end video displays to integrate AI technology, enabling rapid interaction, data collection, and analysis, thereby enhancing user experience [2]. - These terminals are designed to autonomously generate diverse advertising content, including text-to-image, posters, and video ads, which can be customized to align with promotional strategies [2]. Strategic Cooperation - Under the agreement with Zhenjiang Fengchao Technology, the focus will be on boosting sales of the upgraded Smart Terminals in cities such as Zhenjiang, Changzhou, Yangzhou, and Xuzhou [2][3]. - Zhenjiang Fengchao Technology brings over 20 years of experience in real estate marketing and aims to leverage its resources to promote Taoping's AI Smart Terminals within the real estate sector [3][4]. Future Outlook - Taoping plans to continue providing AI technical services through a subscription model and aims to accelerate the deployment of its Smart Terminals across more regions and scenarios nationwide [3]. - The company is optimistic about driving sustainable revenue growth, expanding gross margins, and enhancing shareholder value through its innovative applications and partnerships [3].
Taoping Signs Smart Terminal Contract Valued Over US$1 Million; Announces Strategic Cooperation to Accelerate Market Penetration