Blue Hat (BHAT. US) announces the signing of the memorandum

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XIAMEN, China, Sept. 20, 2022 (GLOBE NEWSWIRE) — Blue Hat Interactive Entertainment Technology (“Blue Hat” or “the Company”) (NASDAQ: BHAT) introduced that on September 20, 2022, Fujian Blue Hat Interactive Entertainment Technology Ltd., a completely owned subsidiary of the Company, has signed a memorandum of understanding with Bigg World Pet Ltd. (“Bigg”), a Singapore firm, relating to being a basic agent to develop and function Company’s business technique video games together with “Mengqu Monopoly”, and “Mengqu Game Box” in Southeast Asia.

Bigg is an organization using the world’s first unbiased on-line to offline (O2O) market pushed by blockchain, partaking in digital expertise merchandise, on-line video games, and so forth. It has greater than 10 million registered members in Southeast Asia.

Mr. Chen Xiaodong, CEO of Blue Hat, stated that via cooperation with Bigg, the Company can shortly and confidently open the Southeast Asian market with the assist of Bigg’s personal working channels, distinctive business mannequin and blockchain expertise, which in flip helps the Company enhance our international structure capabilities.

About Blue Hat
Blue Hat is a number one communication providers and IDC business supplier and a producer, developer and operator of AR interactive leisure video games, toys and academic supplies in China. Distinguished by its personal proprietary expertise, Blue Hat goals to create an attractive, interactive and immersive group for its customers. For extra data, please go to the Company’s investor relations web site at http://ir.bluehatgroup.com. The Company routinely supplies vital data on its web site.

Forward-Looking Statements 
This launch comprises forward-looking statements inside the which means 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 unsure as they’re based mostly on present expectations and assumptions regarding future occasions or future efficiency of the Company. Readers are cautioned to not place undue reliance on these forward-looking statements, that are solely predictions and converse solely as of the date hereof. In evaluating such statements, potential buyers ought to overview rigorously varied dangers and uncertainties recognized on this launch and issues set in the Company’s SEC filings, together with its Annual Report on Form 20-F. These dangers and uncertainties may trigger the Company’s precise outcomes to vary materially from these indicated in the forward-looking statements.

Contacts:
Blue Hat Interactive Entertainment Technology
Phone: +86 (592) 228-0010
Email: [email protected]



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