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Fujian Blue Hat Interactive Entertainment Technology Ltd. engages in the designing, producing, promoting, and selling animated toys with mobile games features, intellectual property, and peripheral derivatives features worldwide. It offers AR Racer, a car-racing mobile game; AR Crazy Bug, a combat game played using a ladybug-shaped electronic toy; AR 3D Magic Box, which uses AR recognition technology to allow children to draw shapes or objects onto a physical card while the mobile game captures the drawings and animates them onto a set background; AR Dinosaur, an educational toy; Talking Tom and Friends' Bouncing Bubble, which enables children to bounce and play with bubbles; and AR Shake Bouncing Bubble, which helps children to improve concentration and reaction. The company also holds license to sell products with WUHUANGWANSHUI brand images. Its distribution channels include domestic distributors, e-commerce platforms, supermarkets, and export distributors. Fujian Blue Hat Interactive Entertainment Technology Ltd. was incorporated in 2010 and is based in Xiamen, China.

Fujian Blue Hat Interactive Entertainment Technology Ltd.

XIAMEN, CHINA, MAY 02, 2025 (GLOBE NEWSWIRE) -- BLUE HAT INTERACTIVE ENTERTAINMENT TECHNOLOGY ("BLUE HAT" OR THE "COMPANY") (NASDAQ: BHAT) TODAY RELEASED ITS AUDITED FINANCIAL RESULTS FOR THE FISCAL YEAR ENDED DECEMBER 31, 2024. UNDER THE STRATEGIC GUIDANCE OF MANAGEMENT, THE COMPANY ACTIVELY SEIZED OPPORTUNITIES IN THE GOLD INDUSTRY, COMPLETING THE STRATEGIC PROCUREMENT OF 1 TON OF PHYSICAL GOLD FOR APPROXIMATELY $66.49 MILLION IN AUGUST 2024 AND ESTABLISHING DEEP PARTNERSHIPS WITH LEADING ENTERPRISES IN THE GOLD SECTOR. WHILE TOTAL REVENUES DECREASED BY 74.59% TO $18.72 MILLION IN 2024 FROM $73.69 MILLION IN 2023 DUE TO THE COMPANY'S STRATEGIC BUSINESS TRANSFORMATION, BLUE HAT ACHIEVED A REMARKABLE 53% GROWTH IN TOTAL ASSETS, WITH CURRENT ASSETS GROWING EVEN MORE SIGNIFICANTLY BY 78%. THIS GROWTH IN ASSETS, PARTICULARLY THROUGH OUR GOLD ACQUISITION, HAS LAID A SOLID RESOURCE FOUNDATION FOR FUTURE DEVELOPMENT AS WE TRANSITION TO OUR NEW BUSINESS MODEL. AT THE SAME TIME, THROUGH CONTINUOUS BUSINESS OPTIMIZATION AND COST CONTROL, THE COMPANY REDUCED ITS NET LOSS BY 56%, FROM$21.72 MILLION IN 2023 TO $9.52 MILLION IN 2024, DEMONSTRATING A SIGNIFICANT IMPROVEMENT IN OPERATIONAL QUALITY.

BLUE HAT INTERACTIVE ENTERTAINMENT TECHNOLOGY 2024 FINANCIAL RESULTS REPORT: TOTAL ASSETS SURGE BY 53%

XIAMEN, CHINA, APRIL 07, 2025 (GLOBE NEWSWIRE) -- BLUE HAT INTERACTIVE ENTERTAINMENT TECHNOLOGY (BLUE HAT OR THE COMPANY) (NASDAQ: BHAT), A CAYMAN ISLANDS COMPANY, TODAY ANNOUNCED THAT ON APRIL 2, 2025, IT RECEIVED A LETTER (THE LETTER) FROM THE NASDAQ STOCK MARKET LLC (THE NASDAQ) NOTIFYING THE COMPANY THAT IT HAS REGAINED COMPLIANCE WITH THE NASDAQ CAPITAL MARKET'S MINIMUM BID PRICE REQUIREMENT AND THE MATTER IS CLOSED.

BLUE HAT REGAINS COMPLIANCE WITH NASDAQ MINIMUM BID PRICE REQUIREMENT

HONG KONG, MARCH 25, 2025 (GLOBE NEWSWIRE) -- IN MARCH 2025, THE INTERNATIONAL GOLD MARKET HAS CONTINUED TO STRENGTHEN. ON MARCH 18, THE COMEX GOLD FUTURES PRICE BROKE THROUGH $3,040 PER OUNCE, WHILE THE LONDON SPOT GOLD PRICE ALSO CLIMBED TO $3,030 PER OUNCE, BOTH SETTING NEW HISTORICAL RECORDS. ACCORDING TO THE WORLD GOLD COUNCIL'S RECENTLY RELEASED "GLOBAL GOLD DEMAND TRENDS REPORT" FOR THE FULL YEAR OF 2024, GLOBAL CENTRAL BANKS HAVE PURCHASED MORE THAN 1,000 TONS OF GOLD FOR THREE CONSECUTIVE YEARS. BASED ON THE OFFICIAL RESERVE ASSET DATA PUBLISHED BY THE PEOPLE'S BANK OF CHINA AND THE STATE ADMINISTRATION OF FOREIGN EXCHANGE IN JANUARY, CHINA'S CENTRAL BANK'S GOLD RESERVES HAVE ALSO GROWN FOR THREE CONSECUTIVE QUARTERS, REACHING 73.45 MILLION OUNCES, HIGHLIGHTING THE DEMAND FOR SAFE-HAVEN ASSETS.

GOLD PRICES REACH NEW HIGHS: BLUE HAT'S 1-TON GOLD HOLDINGS SOAR IN VALUE

HONG KONG, MARCH 18, 2025 (GLOBE NEWSWIRE) -- BLUE HAT INTERACTIVE ENTERTAINMENT TECHNOLOGY (BLUE HAT OR THE COMPANY) (NASDAQ: BHAT) HAS SUCCESSFULLY COMPLETED THE FINAL PAYMENT FOR THE GOLD TRANSACTION BETWEEN ITS HONG KONG WHOLLY-OWNED SUBSIDIARY, GOLDEN ALPHA STRATEGY LIMITED, AND MACAU RONGXIN PRECIOUS METALS TECHNOLOGY CO., LTD.

BLUE HAT COMPLETES 1 TON GOLD PURCHASE, SURGING GOLD PRICES BOOST BOOK PROFITS TO NEW HIGHS

HONG KONG, MARCH 14, 2025 (GLOBE NEWSWIRE) -- BLUE HAT INTERACTIVE ENTERTAINMENT TECHNOLOGY (BLUE HAT OR THE COMPANY) (NASDAQ: BHAT) AND AXIS CAPITAL GROUP OFFICIALLY SIGNED A STRATEGIC COOPERATION AGREEMENT IN HONG KONG TO JOINTLY DEVELOP THE WORLD'S FIRST GOLD RWA (REAL WORLD ASSETS) TOKENIZATION PROJECT. THIS COLLABORATION MARKS ANOTHER MILESTONE IN THE DEEP INTEGRATION OF THE TRADITIONAL GOLD INDUSTRY AND BLOCKCHAIN TECHNOLOGY, SIGNALING A TRANSFORMATIVE SHIFT IN THE LIQUIDITY, TRANSPARENCY, AND ACCESSIBILITY OF GOLD INVESTMENTS.

BLUE HAT TEAMS UP WITH AXIS CAPITAL GROUP TO PIONEER INNOVATION IN GOLD RWA

XIAMEN, CHINA, MARCH 12, 2025 (GLOBE NEWSWIRE) -- BLUE HAT INTERACTIVE ENTERTAINMENT TECHNOLOGY ("BLUE HAT" OR THE "COMPANY") (NASDAQ: BHAT), A CAYMAN ISLANDS COMPANY, REPORTED THAT IT EXPECTS TO IMPLEMENT A1-FOR-100REVERSE STOCK SPLIT ON ITS ORDINARY SHARES EFFECTIVE MONDAY, MARCH 17, 2025, WITH TRADING TO BEGIN ON A SPLIT-ADJUSTED BASIS AT THE MARKET OPEN ON THAT DAY. BEFORE SUCH REVERSE STOCK SPLIT, THE COMPANY HAS A TOTAL OF 493,820,989 ORDINARY SHARES ISSUED AND OUTSTANDING. TRADING IN THE ORDINARY SHARES WILL CONTINUE ON THE NASDAQ CAPITAL MARKET UNDER THE SYMBOL BHAT. THE NEW CUSIP NUMBER FOR THE ORDINARY SHARES FOLLOWING THE REVERSE STOCK SPLIT IS G1329V 114.

BLUE HAT ANNOUNCES 1-FOR-100 REVERSE STOCK SPLIT

XIAMEN, CHINA, JAN. 31, 2025 (GLOBE NEWSWIRE) -- BLUE HAT INTERACTIVE ENTERTAINMENT TECHNOLOGY (BLUE HAT OR THE COMPANY) (NASDAQ: BHAT)TODAY ANNOUNCED THE COMPLETION OF ITS PURCHASE OF ONE TON OF GOLD, PURSUANT TO SALES AGREEMENT DATED OCTOBER, 2023, WITH RONGXIN PRECIOUS METAL TECHNOLOGY CO., LTD (RONGXIN). THE TRANSACTION WAS FINALIZED FOLLOWING THE COMPANY'S SETTLEMENT OF THE REMAINING BALANCE THROUGH THE ISSUANCE OF ORDINARY SHARES.

BLUE HAT ANNOUNCES THE COMPLETION OF ITS PURCHASE OF ONE TON OF GOLD, SHOWCASING THE EFFECTIVENESS OF ITS STRATEGIC POSITIONING

XIAMEN, CHINA, JAN. 28, 2025 (GLOBE NEWSWIRE) -- BLUE HAT INTERACTIVE ENTERTAINMENT TECHNOLOGY (BLUE HAT OR THE COMPANY) (NASDAQ: BHAT), TODAY ANNOUNCED THAT ON JANUARY 24, 2025, IT HAS RECEIVED A LETTER FROM THE NASDAQ STOCK MARKET LLC (NASDAQ), NOTIFYING THAT THE COMPANY IS NOT IN COMPLIANCE WITH NASDAQ LISTING RULE 5810(C)(3)(A)(III) (THE LOW PRICED STOCKS RULE), AS THE COMPANY'S SECURITIES HAD A CLOSING BID PRICE OF $0.10 OR LESS FOR TEN CONSECUTIVE TRADING DAYS FROM JANUARY 8, 2025 THROUGH JANUARY 23, 2025. THE LETTER INDICATED THAT, AS A RESULT, THE NASDAQ STAFF HAS DETERMINED TO DELIST THE COMPANY'S ORDINARY SHARES FROM THE NASDAQ CAPITAL MARKET (THE DELISTING DETERMINATION).

BLUE HAT ANNOUNCES RECEIPT OF NASDAQ DELISTING NOTICE SUBJECT TO HEARING REQUEST

XIAMEN, CHINA, JAN. 13, 2025 (GLOBE NEWSWIRE) -- BLUE HAT INTERACTIVE ENTERTAINMENT TECHNOLOGY (BLUE HAT OR THE COMPANY) (NASDAQ: BHAT), TODAY ANNOUNCED THAT IT HAS ENTERED INTO SECURITIES PURCHASE AGREEMENTS WITH SEVERAL INSTITUTIONAL INVESTORS TO PURCHASE AN AGGREGATE OF 77,989,800 ORDINARY SHARES (THE ORDINARY SHARES) IN A REGISTERED DIRECT OFFERING. THE ORDINARY SHARES ARE BEING SOLD AT AN OFFERING PRICE OF $0.055 PER SHARE.

BLUE HAT ANNOUNCES PRICING OF $4.3 MILLION REGISTERED DIRECT OFFERING

XIAMEN, CHINA, JAN. 08, 2025 (GLOBE NEWSWIRE) -- BLUE HAT INTERACTIVE ENTERTAINMENT TECHNOLOGY (BLUE HAT OR THE COMPANY) (NASDAQ: BHAT), TODAY ANNOUNCED THAT IT HAS ENTERED INTO SECURITIES PURCHASE AGREEMENTS WITH SEVERAL INSTITUTIONAL INVESTORS TO PURCHASE AN AGGREGATE OF 55,950,000 ORDINARY SHARES (THE ORDINARY SHARES) IN A REGISTERED DIRECT OFFERING. THE ORDINARY SHARES ARE BEING SOLD AT AN OFFERING PRICE OF $0.07 PER SHARE.

Fujian Blue Hat Interactive Entertainment Technology Ltd.

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