SHENZHEN, China, Dec. 20, 2024 /PRNewswire/ -- Taoping Inc. (Nasdaq: TAOP, the "Company"), a provider of innovative smart cloud platform services and solutions, new media and artificial intelligence (AI) solutions, today announced that on December 19, 2024, it received notification from The Nasdaq Stock Market LLC ("Nasdaq") confirming the Company has been granted an additional 180 calendar day period for compliance under its minimum bid price requirement through June 16, 2025. To regain compliance with Nas ...

Exhibit 99.1 TAOPING INC. (F/K/A CHINA INFORMATION TECHNOLOGY, INC.) UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS FOR THE SIX MONTHS ENDED JUNE 30, 2024 AND 2023 INDEX Contents Page(s) | --- | --- | --- | |--------------------------------------------------------|-------|-------| | | | | | Consolidated Balance Sheets | | F-2 | | Consolidated Statements of Operations | | F-3 | | Consolidated Statements of Comprehensive Loss | | F-4 | | Consolidated Statements of Changes in Equity | | F-5 | | Consolidated State ...

SHENZHEN, China, Sept. 5, 2024 /PRNewswire/ -- Taoping Inc. (Nasdaq: TAOP, the "Company"), a provider of innovative smart cloud platform services and solutions, new media and artificial intelligence (AI) solutions, today reported a 28.4% year over year revenue growth to $18.1 million for the six months ended June 30, 2024, with a significant improvement in profitability as the Company delivered net income of $0.13 per diluted share, compared to a net loss of $1.10 per diluted share in the same period of las ...

SHENZHEN, China, Aug. 12, 2024 /PRNewswire/ -- Taoping Inc. (Nasdaq: TAOP, the "Company"), a developer of innovative smart cloud platform services and solutions, new media and artificial intelligence solutions, today reported a total contract revenue value of approximately RMB 27.4 million (approximately USD $3.8 million) for the month of July 2024, representing 30% growth compared to July 2023, driven by strong demand for its AI-based products.Mr. Lin Jianghuai, Chairman and CEO of Taoping, said: "This imp ...

SHENZHEN, China, July 18, 2024 /PRNewswire/ -- Taoping Inc. (Nasdaq: TAOP, the "Company"), a developer of innovative smart cloud platform services and solutions, new media and artificial intelligence solutions, today announced a further expansion of its AI business with a new order for the Company's enhanced AI-powered Smart Terminals, which offer a powerful combination of efficiency, customization, and engagement, making them a compelling choice for businesses looking to optimize their operations and enhan ...

SHENZHEN, China, July 8, 2024 /PRNewswire/ -- Taoping Inc. (Nasdaq: TAOP, the "Company"), a developer of innovative smart cloud platform services and solutions, new media and artificial intelligence solutions, today reported a total contract revenue value of approximately RMB 140 million (approximately USD $19.3 million) for the first half of 2024, representing 32% growth over the year-ago period.Mr. Lin Jianghuai, Chairman and CEO of Taoping, said: "Our AI-based products are driving record growth, and we e ...

SHENZHEN, China, June 24, 2024 /PRNewswire/ -- Taoping Inc. (Nasdaq: TAOP, the "Company"), a developer of innovative smart cloud platform services and solutions, new media and artificial intelligence solutions, today announced that on June 21, 2024, it received a written notification letter (the "Notification Letter") from The Nasdaq Stock Market LLC ("Nasdaq"), notifying the Company that it is currently not in compliance with the minimum bid price requirement set forth under Nasdaq Listing Rule 5550(a)(2), ...

SHENZHEN, China, June 10, 2024 /PRNewswire/ -- Taoping Inc. (Nasdaq: TAOP, the "Company"), a developer of innovative smart cloud platform services and solutions, new media and artificial intelligence solutions, today reported a total contract revenue value of RMB 29.8 million (approximately USD $4.1 million) for the month of May 2024, representing an increase of 52% compared to the month of May 2023. This represents a 43% increase over April 2024, which had a total contract revenue value of RMB 20.8 million ...

SHENZHEN, China, May 30, 2024 /PRNewswire/ -- Taoping Inc. (Nasdaq: TAOP, the "Company"), a developer of innovative smart cloud platform services and solutions, new media and artificial intelligence solutions, today announced receipt of a new AI-powered Smart Terminal contract valued over US$1 million. The Company concurrently entered a strategic cooperation agreement with Zhenjiang Fengchao Information Technology Co., Ltd. ("Zhenjiang Fengchao Technology" or "ZFT") to accelerate market penetration of Taopi ...

SHENZHEN, China, May 15, 2024 /PRNewswire/ -- Taoping Inc. (Nasdaq: TAOP, the "Company"), a developer of innovative smart cloud platform services and solutions, new media and artificial intelligence solutions, today reported a total contract revenue value of RMB 20.8 million (approximately USD $2.9 million) for the month of April 2024, representing an increase of 25% compared to the month of April 2023. The Company highlighted that its impressive growth was driven by its commitment to innovation, as evident ...