XIAMEN, China, June 25, 2020 — Blue Hat Interactive Entertainment Technology (“Blue Hat” or the “Company”) (NASDAQ: BHAT), a producer, developer and operator of augmented reality (“AR”) interactive entertainment games, toys and educational materials in China, today announced that it has partnered with Xiamen Xing Meng Wei Lai Culture Media Co. LTD (“Xing Meng Wei Lai“) , a leading Chinese multi-channel network (“MCN”) and internet content development agency, to build Direct-to-Consumer (“DTC”) social content marketing channels via short videos and live streaming. Through the partnership, Blue Hat expects to gradually release its product line on various popular short video and live streaming platforms, including Douyin (TikTok).
In recent years, content-driven e-commerce has been surging in China. Taobao Live, Alibaba Group’s dedicated livestreaming channel, thrived in 2019 with livestreaming-led transactions growing over 150% for three consecutive years. Live streaming has become one of the fastest growing forms of e-commerce in China with over 500 million Chinese users. A study by iiMedia Research shows that the market size of Chinese live streaming e-commerce reached RMB 433.8 billion ($61.5 billion) in 2019, and is projected to double to RMB867,6 billion ($123 billion) in 2020. In the past, the majority of toy product sales came from the offline market. The COVID-19 pandemic has led to an increase in the amount of time parents and children interact at home on a daily basis. Accordingly, Blue Hat has been taking initiatives to shift its marketing focus to produce more social media and live stream content.
Based on Blue Hat’s product line, application scenarios and interactive features, Xing Meng Wei Lai intends to provide services from conception to execution, including customized planning for live streaming events, design and launch of online stores, and additional content-driven e-commerce promotions.
“Establishing a short video live streaming DTC sales model is a milestone for Blue Hat because it not only serves to increase our brand awareness, but also to broaden our market reach,” commented Mr. Xiaodong Chen, Chief Executive Officer of Blue Hat. “We believe that combining the power of short video live streaming with the reach of standard e-commerce platforms will be an important driver of Blue Hat’s online sales looking forward. With our comprehensive online and offline sales network, we believe we are building future revenue growth for our products.”
About Blue Hat
Blue Hat Interactive Entertainment Technology is a producer, developer and operator of AR interactive entertainment games and toys in China, including interactive educational materials, mobile games, and toys with mobile game features. The Company’s interactive entertainment platform creates unique user experiences by connecting physical items to mobile devices, which creates a rich visual and interactive environment for users through the integration of real objects and virtual scenery. Distinguished by its own proprietary technology, Blue Hat aims to create an engaging, interactive and immersive community for its users. For more information, please visit the Company’s investor relations website at http://ir.bluehatgroup.com.
Forward-Looking Statements
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the Company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the Company’s SEC filings. These risks and uncertainties could cause the Company’s actual results to differ materially from those indicated in the forward-looking statements.
Contacts:
Lexie Zhang Blue Hat Interactive Entertainment Technology Phone: +86 (592) 228-0010 Email: ir@bluehatgroup.net
The Predator X25 gaming monitor boasts an incredibly fast 360 Hz refresh rate, supporting the smoothest possible animation and gameplay
Predator XB3 gaming monitors deliver lifelike visuals for smooth gaming with up to a speedy 0.5 ms (G to G) response time, NVIDIA® G-SYNC® compatibility and DisplayHDR™ 400
Refreshed Predator Orion 9000 and Orion 3000 gaming rigs give enthusiasts powerful performance for gaining an advantage over their opponents and streaming their battles to fans and friends
The newest Nitro 50 gaming desktops support entry-level to mainstream gamers with a wide range of configuration and pricing options
Predator Gaming Chair x OSIM gives relaxing massages to ease tension and maximize comfort during and after gameplay
Predator Cestus 350 mouse supports gamers with speed, precision and style—wirelessly
Acer has rounded out its award-winning gaming line with a host of powerful, cutting-edge gaming PCs, monitors and accessories. Options are available to suit a wide range of gamers, from professionals looking for top-of-the-line technology to casual players wanting a solid gaming desktop at an affordable price.
“Our latest gaming line-up is outfitted with some of the most innovative and powerful technologies available today,” said Jerry Kao, Co-COO of Acer. “As a leader in the gaming industry, we strive to help gamers gain an advantage over their opponents with robust, feature-rich systems and devices that push the boundaries of performance, ease of use and comfort.”
Predator X25 Monitor – Amazingly Fast 360 Hz Gaming
This powerful 24.5-inch 1920 x 1080 gaming monitor boasts a super speedy 360 Hz refresh rate to give players the smoothest possible animation. Featuring the latest NVIDIA® G-SYNC® processors, the Predator X25 delivers an optimal gaming experience loaded with advanced features, making games look as realistic as possible.
The Predator X25 can also adjust its brightness and color temperature automatically based on environmental light. With LightSense, the Predator X25 detects the amount of ambient light in the viewing environment and automatically adjusts its brightness settings to maximize viewing comfort. AdaptiveLight automatically adjusts the monitor’s backlights to suit the ambient light in the room, while ProxiSense reminds gamers to take a break after a set amount of time. Ergonomic, the monitor is adjustable with -5 to -25 degree tilt, +/- 30 degree swivel, up to 4.7-inch height adjustment and +/- 90 degree pivot.
Predator XB3 Series Monitors – Smooth Gameplay, Brilliant Visuals
Acer is launching four Predator XB3 series monitors: the 31.5-inch Predator XB323QK NV, the 27-inch Predator XB273U GS and Predator XB273U GX, plus the 24.5-inch Predator XB253Q GZ. All are certified as NVIDIA G-SYNC Compatible, with up to 240 Hz refresh rates and up to 4K UHD resolution, this new line of monitors delivers silky smooth gameplay and wide 178-degree viewing angles. DisplayHDR™ 400 supports stunningly bright images with high contrast and color accuracy, while up to a 0.5 ms (G to G) response time in overdrive drastically reduces motion blur in fast moving images. The new line includes Acer AdaptiveLight, helping gamers stay comfortable during long gaming sessions, and is ergonomically designed, with a stand that features tilt, swivel, pivot and height adjustment. RGB LightSense lets gamers choose a variety of different lighting effects, including color, speed, duration and brightness, which can be set to react to gameplay, music or video.
Predator Orion 9000 – Extreme Performance for Pros and Hardcore Gamers
Designed for hardcore and professional gamers, the refreshed Predator Orion 9000 (P09-920) delivers extreme performance, advanced cooling and easy upgradability. A gaming monster, this series packs a powerful punch with up to an Intel® Core™ i9 Extreme Edition processor, dual NVIDIA® Geforce® RTX® 2080 Ti graphics cards in SLI mode, up to three 3.5-inch HDDs and two 2.5-inch SDDs with a USB 3.2 Gen2 Type-C hot swap dock for SSD/HDDs. Three 4.7-inch Predator FrostBlade™ fans provide up to 16% more airflow and 55% increased static pressure compared to prior generations[1], while a CPU liquid cooler fan keeps the temperature low as battles heat up. Integrated Killer™ E3100G and Intel® WiFi 6 support fast and reliable wireless connectivity. Overclocking can be activated at the touch of a button. An EMI-compliant edge-to-edge tempered glass side panel showcases the colorful ARGB lighting on the internal fans and has a tool-less design to simplify upgrades. The chassis includes a convenient headset cradle, handles and wheels.
Predator Orion 3000– Powerful Performance in a Mid-Sized Tower
The newest Predator Orion 3000 models are made for gamers desiring a mid-sized tower rig for enjoying their favorite game titles or diving into streaming without seeing an impact on performance. Thanks to a 10th Gen Intel® Core™ i7 processor[2] and GeForce® RTX 2070 SUPER™ GPU[2], it can tackle a wide range of games. Top that off with up to 64 GB of 2666 MHz DDR4 memory, up to 1TB[2] PCIe NVMe SSD and two 3.5-inch SATA3 hard drives, and it has the guts for editing and storing videos. Two custom-engineered Predator FrostBlade™ fans swiftly handle intake and exhaust to keep temperatures low, while the lighting on the fans and vertical light bars at the front of the case can be customized with special effects and up to 16.7 million colors via PredatorSense™ software. An optional EMI-compliant tempered glass side panel showcases the powerful components and colorful RGB lighting within. Killer E2600 fuels high-speed gigabit network performance and Intel® Wi-Fi 6 functionality[2] delivers high-speed, low-latency wireless performance.
Nitro 50 – Practical Desktop for Casual Gamers and Beginners
The Nitro 50 Series desktops deliver powerful performance for lag-free gaming and smooth graphics-intensive tasks with up to a 10th Gen Intel® Core™ i7 processor and up to a GeForce® RTX 2060 SUPER™ GPU. Up to 64GB of DDR4-2666 memory[2] fuels the best possible performance. Sharp contours and red LEDs[2] set the mood for epic game play, while the 18-liter chassis fits neatly on or under a desk. Powerful Predator FrostBlade™ cooling keeps the temperature low, and gamers can control and make adjustments to fan speed in real time. High capacity storage is provided by a 1TB NVMe PCIe SSD[2] and two 3TB HDDs[2].
The latest Predator mouse brings gamers fast and accurate control without messy wires. Different games feature varying play styles, each having its own optimal settings. With the Predator Cestus 350, players can create five custom profiles or leverage preset DPI (up to 16,000) settings via the hyper-accurate Pixart 3335 optical sensor and make use of 8 programmable buttons, enabling them to optimize their mouse for each game. It also supports fast wireless connectivity with a polling rate of 1 ms/1000 Hz for wireless and 0.5 ms/2000 Hz for wired.
Predator Gaming Chair x OSIM – Maximum Gaming Comfort
Designed for professional gamers and eSports enthusiasts alike, the new Predator Gaming Chair x OSIM gives a relaxing massage that leverages OSIM V-Hand™ Massage Technology to emulate the agile hands of a professional masseuse on the user’s neck and shoulders. Together with other massage techniques such as knead, press, roll and tap that cover the entire back, this gaming chair has been specially designed to decrease tension and optimize physical comfort during or after gameplay.
The cozy and ergonomic chair is highly adjustable, able to be reclined up to 145 degrees, and gamers can make use of buttons on the chair’s right-side arm rest to control two sets of rollers that mimic a pair of agile hands tracing the s-curve of the spine. Three automatic massage programs (Neck & Shoulders, Lumbar and Energize) are available, designed by a massage expert to target the neck, shoulder and lumbar regions—all known to be common pain points for gamers due to prolonged periods spent sitting.
Gamers are provided with many options to customize their massage beyond simply varying the massage techniques used. The chair’s rollers can be adjusted to suit six different shoulder positions in order to cater to people of differing heights and there are also roller width settings which provide gamers with the ability to hit exactly the right spot, regardless of their body width. Furthermore, gamers have the option of setting a programmable spot-massage that focuses on a single area, giving particularly aching muscles a bit of extra attention and care.
Featuring black carbon fiber patterned PVC leather with metallic dark gray and teal accents, the Predator Gaming Chair x OSIM has a sporty, yet professional, look and feel. Topping it off, two built-in Bluetooth speakers on the chair’s headrest deliver dynamic sound effects to intensify gaming immersion without the hassle of a headset.
Pricing & Availability
The Predator XB3 Series will be available in North America in September starting at USD 429.99; in EMEA in August starting at EUR 439; and in China in July, starting at RMB 2,999.
The Predator Orion 9000 will be available in EMEA in October starting at EUR 2,799; and in China in September, starting at RMB 20,999.
The Predator Orion 3000 will be available in North America in September starting at USD 999.99; in EMEA in August starting at EUR 899; and in China in July, starting at RMB 8,999.
The Nitro 50 will be available in North America in September starting at USD 799.99; in EMEA in August starting at EUR 799; and in China in July, starting at RMB 4,599.
The Predator Cestus 350 gaming mouse is currently available in North America starting at USD $124.99; in EMEA it will be available in Q2, starting at EUR 99.
Exact specifications, prices, and availability will vary by region. To learn more about availability, product specifications and prices in specific markets, please contact your nearest Acer office via www.acer.com.
About Acer
Founded in 1976, today Acer is one of the world’s top ICT companies and has a presence in over 160 countries. As Acer looks into the future, it is focused on enabling a world where hardware, software and services will infuse with one another to open up new possibilities for consumers and businesses alike. From service-oriented technologies to the Internet of Things to gaming and virtual reality, Acer’s 7,000+ employees are dedicated to the research, design, marketing, sale, and support of products and solutions that break barriers between people and technology. Please visit www.acer.com for more information.
[1] Performance is based on a comparison at 24dBA with the 120x120mm Predator FrostBlade™ fan and a fan of the same size as those used in PO9-900 and PO9-600 devices. Actual airflow will vary based on site conditions, size of fan and other factors.
[2] Specifications may vary depending on model and/or region. All models subject to availability.
LONDON, June 18, 2020 — FIDE Online Arena, the official chess gaming platform, today redefined online chess with the global launch of the new gaming experience and online ratings. Chess players from around the world are now able to compete for the official online ratings and qualify for official titles. This makes chess the first IOC-recognized sport to create the officially-recognized online category.
The online experience has been designed by World Chess, the company that organized the 2016 and 2018 Championship matches that were dubbed the main chess events of the 21st century and have resulted in immense rise of popularity of chess globally. FIDE Online Arena has the same look and feel as a professional chess tournament: the same chess pieces, boards, colors, and even typefaces. Sounds of moves and pieces capture replicates those from the final games of the 2018 World Chess Championship Match.
Online gaming adheres to the over-the-board FIDE rules, including Swiss tournament structure, time controls and other requirements. Players from around the world are able to play official online rated games (€25 per year) and qualify for the official online titles, effectively becoming professional chess players by playing on computers or mobile devices.
Official ratings and titles data will be recorded on Algorand blockchain and open to all other chess platforms and media sites, making the official online ratings universal. Algorand’s public blockchain allows digital chess organizations to verify player’s ratings in a scalable manner for the hundreds of millions of chess players globally. Storing ratings on blockchain will ensure full transparency and reliability associated with decentralized systems. Algorand’s throughput of over 1000 transactions per second ensures instant recording of ratings on blockchain and open access to the data for the community.
FIDE Online Arena employs FIDE-approved complex anti-cheating technology as well as an Artificial Intelligence behavior-tracking module.
As an official cybersecurity partner for the FIDE World Chess Championship series, Kaspersky also provides a complex protection for the newly released gaming platform, including protection from DDoS attacks, analyzing the website’s load with various techniques that help to detect an attack on time and use traffic filtering mechanisms. Thus, even if there is an attack, all users will retain constant access to the platform.
"We believe that the next World Chess Champion will be someone who learned to play chess on a computer," says Ilya Merenzon, World Chess CEO, "And we are looking forward to an opportunity to give people around the world an opportunity to play chess for a professional online rating and get a thrill of a professional competition and eventually take on Magnus Carlsen and become the next world champion," adds Merenzon.
About FIDE Online Arena FIDE Online Arena – the official online chess platform which awards official online ratings and titles. It hosts rated tournaments and games 24 hours per day. Arena.myfide.net,
About FIDE The International Chess Federation or Fédération Internationale des Echecs, (FIDE), is recognized by its members and the International Olympic Committee as the international federation in the domain of chess, the supreme body responsible for the sport of chess and its Championships. FIDE has the sole rights to organize the World Chess Championships and the Chess Olympiads. www.fide.com
About World Chess World Chess is a London-based media company. It’s an official broadcaster of the World Chess Federation events and a commercial partner of the World Chess Federation (FIDE). World Chess organized the World Championship Matches in Russia, USA, and the UK. It revolutionized chess by signing the biggest media partnerships in the history of chess. World Chess is also developing Armageddon, the chess league designed for television. It operates worldchess.com.
About Algorand Based in Boston and founded by cryptography pioneer and Turing award winner Silvio Micali, Algorand is an open-source software company building technical innovation for the borderless economy with a platform that delivers decentralization, scalability and security. Algorand’s first-of-its-kind, permissionless, pure proof-of-stake protocol supports the scale, open participation, and transaction finality needed by users to build opportunity and fulfill the promise of blockchain technology. For more information, visit https://www.algorand.com/
About Kaspersky Kaspersky is a global cybersecurity company founded in 1997. Kaspersky’s deep threat intelligence and security expertise is constantly transforming into innovative security solutions and services to protect businesses, critical infrastructure, governments and consumers around the globe. The company’s comprehensive security portfolio includes leading endpoint protection and a number of specialized security solutions and services to fight sophisticated and evolving digital threats. Over 400 million users are protected by Kaspersky technologies and we help 250,000 corporate clients protect what matters most to them. Learn more at www.kaspersky.com.
World Chess leverages Algorand to remove friction in new era of decentralized and transparent gaming; expands access to players globally
BOSTON, June 18, 2020 — Algorand, a world-class blockchain powering secure and efficient frictionless exchange, today announced official ratings and titles data from World Chess players will be recorded on Algorand’s decentralized blockchain network in real-time, bringing reliability and transparency to the rating system of digital chess.
Coming on the launch of digital chess games by FIDE Online Arena, millions of chess ratings from players all around the world will be recorded on the Algorand blockchain for the first time ever, and universally accessible to all other chess platforms and media sites, making this a momentous event for both the digital chess and blockchain communities.
Algorand’s open, public blockchain brings full transparency and automation to the digital chess ecosystem. As player ratings will be verified on the blockchain, results reporting will be reliable and secure from fraudulent activity. With the Algorand protocol removing friction from the existing model, millions of global chess players will have access to transparent reporting to one of the world’s most popular games. Algorand’s public ledger provides enterprise-grade scalability to accommodate digital chess organizations’ need to verify ratings for the hundreds of millions of chess players globally. The combination of transparency, security and scalability make Algorand the preferred platform for reliable and transparent reporting in the digital gaming ecosystem.
“We are beyond thrilled to partner with FIDE Online Arena and World Chess to bring digital chess ratings onto the Algorand blockchain for the first time,” said Sean Ford, COO of Algorand. “This historic moment brings the blockchain community one step closer to mainstream adoption, as a widely popular competitive game like chess leverages distributed ledger technology to serve as the official record for trust of millions of online chess players and fans.”
Six months after World Chess, the designer of the online chess experience and the company that organized the 2016 and 2018 Championship matches, announced a hybrid IPO on Algorand, World Chess is leveraging the Algorand blockchain to further develop inclusive and modern gaming opportunities for millions of chess players around the world, including rewards and incentives for the chess community, internal currency and blockchain-based live betting.
“It’s exciting to continue bringing innovation to chess,” said Ilya Merenzon, CEO of World Сhess. “The advent of digital games on the internet made chess more popular than before, and now we can’t wait to further explore blockchain innovation for digital chess.”
World Chess will be hosting a virtual game on June 17 where renowned player Sergey Karjakin and Turing Award-winning cryptographer and Algorand Founder, Silvio Micali will face off in a match. Viewers will be able to witness the first-ever recorded digital chess ratings on the blockchain. To view this historic event please visit: www.worldchess.com.
About Algorand Inc. Algorand Inc. built the world’s first open source, permissionless, pure proof-of-stake blockchain protocol for the next generation of financial products. This blockchain, the Algorand protocol, is the brainchild of Turing Award-winning cryptographer Silvio Micali. A technology company dedicated to removing friction from financial exchange, Algorand Inc. is powering the DeFi evolution by enabling the creation and exchange of value, building new financial tools and services, bringing assets on-chain and providing responsible privacy models. For more information, visit https://www.algorand.com/
About FIDE Online Arena FIDE Online Arena – the official online chess platform which awards official online ratings and titles. It hosts rated tournaments and games 24 hours per day. The platform’s fairplay is supported by advanced FIDE-approved anti cheating software. The platform was launched in June 2020. https://arena.myfide.net/.
About FIDE The International Chess Federation or Fédération Internationale des Echecs (FIDE), is recognized by its members and the International Olympic Committee as the international federation in the domain of chess, the supreme body responsible for the sport of chess and its Championships. FIDE has the sole rights to organize the World Chess Championships and the Chess Olympiads. www.fide.com
About World Chess World Chess is a London-based media company. It’s official broadcaster of the World Chess Federation events and a commercial partner of the World Chess Federation (FIDE). World Chess organized the World Championship Matches in Russia, USA, and the UK. It revolutionized chess by signing the biggest media partnerships in the history of chess. World Chess is also developing Armageddon, the chess league designed for television. It operates worldchess.com.
SINGAPORE, June 17, 2020 /PRNewswire/ —Today Coda Payments (“Coda”) and Riot Games, the developer of League of Legends, announced that players in six markets across Southeast Asia, including Myanmar, can purchase VALORANT Points on Codashop (www.codashop.com), a website where millions of customers come to top up their favourite games every month.
VALORANT is a free-to-play team-based, first-person tactical shooter game with a 5v5 setup. In the main game mode, each player gets to pick Agents, characters that have exciting abilities like building walls, calling down airstrikes and more.
How to Top Up VALORANT Points
As soon as the transaction is completed, VALORANT Points will appear in the game. There’s no login required on Codashop, neither do users need to use a voucher nor PIN code.
Gamers love Codashop due to the wide range of popular local payment methods that are accepted, including
MPT
Telenor
Ooredoo
Mytel
easyPoints
WaveMoney
Coda as the exclusive alternative payment channel for VALORANT’s launch in 6 countries on Jun 2, 2020, will also offer payment solutions for Riot Games’ upcoming titles, including Teamfight Tactics Mobile and League of Legends: Wild Rift.
“Our mission at Coda is to make world-class content accessible to everyone,” Philippe Limes, Coda’s Chief Executive Officer, said. “With this partnership, we are delighted to make it simple for millions of players to participate in the new competitive stage.”
“Here in Southeast Asia, we recognize that gameplay and payment preferences are extremely diverse,” said Justin Hulog, General Manager of Riot Games Southeast Asia. “Our partnership with Coda will allow gamers to access and enjoy all our upcoming, new games with comfort and ease.”
About Coda Payments
Coda Payments (www.codapayments.com) helps digital content providers monetize their products and services in more than twenty emerging markets. Publishers of leading games like PUBG Mobile and Call of Duty: Mobile, streaming platforms like beIN and Bigo Live, dating apps like Tinder, and video-on-demand platforms like Viu have integrated with Coda to accept payments on/at:
their own website using Codapay, allowing their users to pay at a wide network of alternative payment channels, including using direct carrier billing with dozens of telcos;
Codashop, which more than 11 million users visit every month to top up their favourite games and content services; and
Coda’s e-commerce (Lazada, Tokopedia, Bukalapak, Shopee), telco (Digi, XL), and super app (Gojek) distribution partners who leverage Coda’s xShop solution to offer their users a wide range of premium digital content.
Coda helps its clients collect payments in Argentina, Bahrain, Bangladesh, Brazil, Cambodia, Egypt, India, Indonesia, Japan, Kuwait, Laos, Malaysia, Mexico, Morocco, Myanmar, Nigeria, Philippines, Russia, Saudi Arabia, Singapore, South Africa, Sri Lanka, Taiwan, Thailand, Turkey, and the United Arab Emirates.
Founded in 2011, Coda is headquartered in Singapore with additional offices in Jakarta and Bangkok. It is backed by Apis Partners—a private equity asset manager that invests in growth-stage financial services and financial infrastructure businesses in Asia and Africa—and GMO Global Payment Fund, whose strategic management company is GMO Payment Gateway, Japan’s largest online payment gateway.
Riot Games was founded in 2006 to develop, publish, and support the most player-focused games in the world. Riot has finally released its first major non-League of Legends Game: VALORANT, codenamed Project A. It was announced during its League of Legends’ 10-year anniversary stream in October 2019.
Riot continues to evolve the game while delivering new experiences to players with Legends of Runeterra, VALORANT, League of Legends: Wild Rift, Teamfight Tactics, and multiple work-in-progress titles.
Founded by Brandon Beck and Marc Merrill, Riot is headquartered in Los Angeles, California, and has 2,500+ Rioters in 20+ offices worldwide. Riot has been featured on numerous lists including Fortune’s “100 Best Companies to Work For,” “25 Best Companies to Work in Technology,” “100 Best Workplaces for Millennials,” and “50 Best Workplaces for Flexibility.”
XIAMEN, China, June 12, 2020 /PRNewswire/ — Blue Hat Interactive Entertainment Technology (“Blue Hat” or the “Company”) (NASDAQ: BHAT), a producer, developer and operator of augmented reality (“AR”) interactive entertainment games, toys and educational materials in China, today announced that, on June 11, 2020, the Company received notification from The Nasdaq Stock Market LLC (“Nasdaq”) stating that the Company has regained compliance with Nasdaq Listing Rule 5550(a)(2), as the closing bid price of the Company’s ordinary shares closed at or above $1.00 per share for a minimum of 10 consecutive business days, and that Nasdaq considers the matter closed.
About Blue Hat
Blue Hat Interactive Entertainment Technology is a producer, developer and operator of AR interactive entertainment games and toys in China, including interactive educational materials, mobile games, and toys with mobile game features. The Company’s interactive entertainment platform creates unique user experiences by connecting physical items to mobile devices, which creates a rich visual and interactive environment for users through the integration of real objects and virtual scenery. Distinguished by its own proprietary technology, Blue Hat aims to create an engaging, interactive and immersive community for its users. For more information, please visit the Company’s investor relations website at http://ir.bluehatgroup.com.
Forward-Looking Statements
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the Company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the Company’s SEC filings. These risks and uncertainties could cause the Company’s actual results to differ materially from those indicated in the forward-looking statements.
Contacts:
Lexie Zhang Blue Hat Interactive Entertainment Technology Phone: +86 (592) 228-0010 Email: ir@bluehatgroup.net
SEOUL, South Korea, June 12, 2020 /PRNewswire/ — Pearl Abyss today announced that a new Hero Tagahl Sherekhan has arrived in Shadow Arena, Pearl Abyss’ brand new action-packed battle royale game currently available in Early Access on Steam. The free-to-play game now offers eleven Heroes, each catering to different strategies and combat styles.
New Hero Tagahl Sherekhan Arrives in Shadow Arena
With an origin story written in the annals of Black Desert Online lore, Tagahl Sherekhan is a descendant of the Dragon Hunter tribe Sherekhan. When a ferocious dragon appeared in Calpheon and terrorized its people, they called Tagahl for help. However, when Calpheon failed to reward him for defeating the dragon, he turned his back on those lands in discontent and left. He has finally found his way to the world of Shadow Arena, where he is preparing himself for a new battle.
Tagahl is a warrior who uses his main weapon, his signature glaive, to deliver widespread damage with every blow. His ability to bypass or weaken his opponents’ defenses also allows him to attempt reversals. Players can now use his Inherent Skills to attack enemies more strategically.
With the arrival of the new Hero, various in-game events are taking place in Shadow Arena. Players can now claim a Hero through the free DLC package on Steam until July 9. Those who submit their play strategies through the official website or participate in the social media event will also have the chance to win a special item. Until June 18, a Hot Time event will run where players can receive 5 times more silver for completing Daily Quests.
In the meantime, “Shadow Arena Regional Cup – Asia” was hosted for the first time to determine the best of the best on the Asia server. The top 3 placements were announced based on points earned during the tournament who received rewards including a special winner’s-exclusive skin, title, and a large amount of silver.
HANGZHOU, China, June 7, 2020 /PRNewswire/ — NetEase, Inc. (NASDAQ: NTES) (“NetEase” or “the Company”) today announced the pricing of the Global Offering of 171,480,000 new ordinary shares (the “Offer Shares” or “Shares”) which comprises an International Offering and a Hong Kong Public Offering. The final offer price for both the International Offering and the Hong Kong Public Offering (the “Offer Price”) has been set at HK$123 per Share. Based on the ratio of 25 ordinary shares per Nasdaq-listed American depositary share (“ADS”), the Offer Price translates to approximately US$397 per ADS. The Company has set the abovementioned offer price by taking into consideration, among other factors, the closing price of the ADSs on June 4, 2020 (the latest trading day before pricing). Subject to approval from The Stock Exchange of Hong Kong Limited (the “SEHK”), the Shares are expected to begin trading on the Main Board of the SEHK on June 11, 2020 under the stock code “9999.” The Global Offering is expected to close on the same day, subject to customary closing conditions.
The gross proceeds to the Company from the Global Offering, before deducting underwriting fees and the offering expenses, are expected to be approximately HK$21,092 million. In addition, the Company has granted the international underwriters an over-allotment option, exercisable from June 5, 2020 until 30 days thereafter, to require the Company to issue up to an additional 25,722,000 new Shares at the Offer Price.
The Company plans to use the net proceeds from the Offering for globalization strategies and opportunities, fueling continued pursuit of innovation, and general corporate purposes.
CICC, Credit Suisse and J.P. Morgan (in alphabetical order) are the joint sponsors and joint global coordinators for the proposed Offering.
The International Offering is being made only by means of a prospectus supplement and the accompanying prospectus included in an automatic shelf registration statement on Form F-3 filed with the U.S. Securities and Exchange Commission (the “SEC”) on May 29, 2020, which automatically became effective upon filing. The registration statement on Form F-3 and the preliminary prospectus supplement dated June 1, 2010 are available at the SEC website at: http://www.sec.gov. The final prospectus supplement will be filed with the SEC and will be available on the SEC’s website at: http://www.sec.gov. When available, copies of the final prospectus supplement and the accompanying prospectus relating to the offering may also be obtained from China International Capital Corporation Hong Kong Securities Limited, Email: g_prospectus@cicc.com.cn, Credit Suisse (Hong Kong) Limited, Email: newyork.prospectus@credit-suisse.com, or J.P. Morgan Securities (Asia Pacific) Limited, Email: prospectus-eq_fi@jpmchase.com.
This press release shall not constitute an offer to sell or the solicitation of an offer or an invitation to buy any securities, nor shall there be any offer or sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction. This press release does not constitute a prospectus (including as defined under the laws of Hong Kong) and potential investors should read the prospectus of the Company for detailed information about the Company and the proposed offering, before deciding whether or not to invest in the Company. This press release has not been reviewed or approved by the SEHK or the Securities and Futures Commission of Hong Kong.
The price of the Shares of the Company may be stabilized in accordance with the Securities and Futures (Price Stabilization) Rules. The details of the intended stabilization and how it will be regulated under the Securities and Futures Ordinance (Chapter 571 of the laws of Hong Kong) have been contained in the prospectus of the Company dated June 2, 2020.
About NetEase, Inc.
As a leading internet technology company based in China, NetEase, Inc. (NASDAQ: NTES) is dedicated to providing premium online services centered around innovative and diverse content, community, communication and commerce. NetEase develops and operates some of China’s most popular mobile and PC-client games. In more recent years, NetEase has expanded into international markets including Japan and North America. In addition to its self-developed game content, NetEase partners with other leading game developers, such as Blizzard Entertainment and Mojang AB (a Microsoft subsidiary), to operate globally renowned games in China. NetEase’s other innovative service offerings include the intelligent learning services of its majority-controlled subsidiary, Youdao (NYSE: DAO); music streaming through its leading NetEase Cloud Music business; and its private label e-commerce platform, Yanxuan. For more information, please visit: http://ir.netease.com/.
Safe Harbor Statement
This press release contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “potential,” “continue,” “ongoing,” “targets,” “guidance” and similar statements. Statements that are not historical facts, including statements about the offering and listing, the use of proceeds and the Company’s strategies and goals, are or contain forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement. There can be no guarantee that the offering and listing will be completed as planned, or that the expected benefits from the offering and listing will be achieved. You should consider the risk factors included in the registration statement (including any documents incorporated by reference), prospectus and prospectus supplements that have been or will be filed with the SEC and the prospectus registered in Hong Kong. All information provided in this press release is as of the date of this press release and are based on assumptions that the Company believes to be reasonable as of this date, and the Company does not undertake any obligation to update any forward-looking statement, except as required under applicable law.
Contact for Investors: Margaret Shi NetEase, Inc. ir@service.netease.com Tel: (+86) 571-8985-3378
SEOUL, South Korea, June 3, 2020 /PRNewswire/ — Pearl Abyss today announced that the new Valencia region has arrived in Black Desert Mobile. Starting today, Adventurers can delve deeper into the main story behind the world of Black Desert and fight against powerful enemies for valuable rewards.
New Valencia Region Arrives in Black Desert Mobile
Located east of Mediah, Valencia stretches across a large expanse of land that is equivalent in size to Balenos, Calpheon, Serendia, and Mediah put together. There is a vast desert that separates the Valencian Empire from the Republic of Calpheon and claims the lives of unprepared Adventurers.
West Valencia, which includes the Bashim and Waragon Territories, is the first of more Valencia region updates to follow in Black Desert Mobile. West Valencia offers Adventures a chance to acquire Abyssal-grade gear by defeating monsters that reside in the region. The main story of Black Desert Mobile will also be further unveiled as Adventurers play through the in-game quests.
Moreover, it will be easier for Adventurers to obtain high-grade Alchemy Stones as the success rate of crafting and synthesizing Alchemy Stones has been increased. In addition, auto-crafting is now available for Alchemy Stones.
Last but not least, Black Desert Mobile’s level cap has been raised to 75. Adventurers who reach the new level cap will be given a chance to fight against powerful monsters in the new region.
Visit Black Desert Mobile‘s official website for more information.
About Pearl Abyss
Best known for the MMORPG franchise Black Desert, Pearl Abyss is a leading developer in the game industry. Established in 2010, Pearl Abyss has since developed Black Desert for PC, mobile, and console, and is developing Shadow Arena for PC and console. All of Pearl Abyss’ games are built on the company’s own proprietary engine and are renowned for their cutting-edge graphics. The company is also developing Crimson Desert, DokeV, and PLAN 8 and is poised to continue its growth through 2020 and maintain its position as one of Asia’s leaders in game development. More information about Pearl Abyss is available at: www.pearlabyss.com
JAKARTA, Indonesia, May 27, 2020 /PRNewswire/ — In order to help others during the COVID-19 pandemic, POP Domino, an Indonesian android game application, will hold a “Donasi Hati – Breathe The Same Air” campaign for the second time. The campaign which aims to help those whose lives are affected by COVID-19 will be held from 30 May to 12 June 2020.
Donasi Hati Event – Breathe The Same Air will be held on 30 May – 12 June 2020 by POP Domino
On April 26 to 2May 2020, POP Domino has conducted its first donation activity. In the previous activity, POP Domino distributed 60 food packages that consists of rice, oil, canned food, and various other food items to 60 underprivileges families in Jakarta and surrounding areas. This contribution has been given directly to family representatives to help them welcomed the fasting month.
“This pandemic has not only affected Indonesia but the whole world too. Everybody is going through a hard time. Therefore, through our previous donation activity, even just a little, we want to help and give hope to those who carry out the fasting month of Ramadan,” said POP Domino representative.
Not only accompanying players during this quarantine time, POP Domino wants to invite players to participate in “Donasi hati” event that will be held in the game to show their solidarity and care to the society. During the second event period, players can collect “Hearts” as donation items. “Hearts” can be collected by playing the game every day, then the collected “Hearts” will be put into “Heart Pool”. “Hearts” collected in the Pool will be donated in the form of basic needs to those in need.
This event is not only providing donations to those in need, but every player who participates in this event has the opportunity to get a variety of attractive prizes that have been prepared by POP Domino. The prize for the “Donasi Hati” are in-game special decoration items and game coupons. Game coupons can be exchanged for prizes such as in-game items, phone credits and smartphones.
“We hope we can all get together through difficult times during this pandemic. And of course, comply with physical distancing regulations, always wear a mask and keep your distance in public places, washing hands thoroughly, and avoid going out and gathering. May we always be healthy.”
For more info on “Donasi Hati” event, please visit POP Domino’s official Facebook fan page.
About POP Domino
POP Domino is a traditional Indonesian card game application that is popular among game lovers. Play with players from all over the world, show your analytical skills, win attractive prizes and be number 1 in the world. The total registered users of the POP Domino game have reached more than 10 million players, ranked 1st in the card game ranking and top 100 in the game ranking. Launched in 2018, POP Domino is developed by SEA GAMES.
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