TIANJIN, China, Dec. 29, 2025 /PRNewswire/ -- Taoping Inc. (Nasdaq: TAOP) (the "Company"), a provider of innovative smart cloud platform services and solutions, today announced two significant strategic milestones underscoring its accelerating growth trajectory: the establishment of a new corporate headquarters and the signing of US$2 million in smart elevator renewal contracts. stAs part of its long-term growth and scale strategy, Taoping has officially relocated its corporate headquarters to a more promi ...

Group 1 - The core point of the article highlights the significant stock price increases of several Chinese concept stocks, with notable gains in specific companies [1] Group 2 - BQ (波奇宠物) saw a price increase of 41.54%, closing at 2.760 with a trading volume of 90.9233 million [1] - TAOP (淘屏) experienced a rise of 32.71%, closing at 2.840 with a trading volume of 62.272 million [1] - PMAX (安林财经印刷) increased by 29.71%, closing at 2.270 with a trading volume of 28.241 million [1] - AIHS (森淼科技) rose by 18.49%, closing at 1.410 with a trading volume of 0.0964 million [1] - LOT (路特斯) had a gain of 17.19%, closing at 1.500 with a trading volume of 0.3482 million [1]

Market Performance Summary - Sinopec Oilfield Service (01033) rose over 12% as the company continues to advance its overseas strategy, with new contract signings increasing by over 70% in the first half of the year [1] - China Hongqiao Group (00931) fell over 13% after a significant 55% surge the previous day, with ongoing discussions regarding potential investments [1] - BYD Electronic (00285) increased over 4% as the company is set to supply power components for NVIDIA's new 800VDC AI server architecture [1] - Horizon Robotics-W (09660) rose over 6% as its HSD technology was first adopted by the ET5 model, with multiple automakers already confirming orders [1] - Bilibili-W (09626) increased over 10% due to strong performance of new games, indicating a gradual release of its commercial value [1] - CRRC Corporation (01766) rose nearly 4% ahead of its third-quarter earnings report, with expectations for continued growth in new train procurement and maintenance [1] - Genscript Biotech (01952) rose over 5% as its EVM14 treatment for squamous cell carcinoma addresses critical clinical needs, leading in clinical development progress [1] - Bosideng (03998) increased nearly 6% following the appointment of renowned British designer Kim Jones as the creative director for its new AREAL high-end urban line [1] - Derin Holdings (01709) fell over 11% after announcing a discounted placement of shares to raise funds for expanding Bitcoin mining operations [1] US Market Highlights - TSMC (TSM.US) rose 0.89% as the first NVIDIA Blackwell wafers were recently produced in the US [3] - Pony.ai (PONY.US) increased 1.76% after partnering with Stellantis for autonomous vehicle solutions [3] - WeRide (WRD.US) rose 2.67% after successfully passing the Hong Kong Stock Exchange hearing, positioning itself to become the first "Robotaxi" stock in Hong Kong [3] - Zeekr (ZK.US) increased 4.48% as pre-sales for the refreshed Zeekr 7X officially began, offering significant pre-sale benefits [3] - iQIYI (IQ.US) rose 8.37% as Morgan Stanley upgraded its target price, citing the long-term growth potential of the domestic IP merchandise market [3] - Taoping (TAOP.US) increased 4.27% after announcing a non-binding letter of intent to acquire 100% of Alphalion Holding Limited [3] - Micron Technology (MU.US) rose 2.17% as several major firms raised their target prices for the company [4] - U.S. Antimony Corporation (UAMY.US) surged 20.02% following its proposal to acquire Larvotto Resources to enhance its critical mineral asset portfolio [4] - Apple (AAPL.US) rose 3.94% as a report indicated strong early sales of the iPhone 17 series in China and the U.S. [4] - Moderna (MRNA.US) increased 4.73% after presenting positive data on its mRNA vaccine pipeline at the IDWeek 2025 conference [4]

Core Viewpoint - Taoping (TAOP.US) experienced a significant drop of over 25% last Friday, reaching a new low, but rebounded by 2.84% in pre-market trading following the announcement of a non-binding letter of intent (LOI) to acquire 100% of Alphalion Holding Limited [1] Group 1: Acquisition Details - The proposed acquisition represents a significant milestone in Taoping's strategic expansion of its AI-driven digital ecosystem [1] - The acquisition is expected to enhance Taoping's robust technological infrastructure and expand its proprietary hardware capabilities [1] - The deal aims to accelerate the integration of artificial intelligence into popular industrial applications [1]

Core Viewpoint - Taoping Inc. has entered into a non-binding Letter of Intent to acquire 100% equity interests in Alphalion Holding Limited, marking a strategic expansion in its AI-driven digital ecosystem [1][2]. Group 1: Acquisition Details - The acquisition is subject to due diligence, negotiation of a definitive agreement, and customary closing conditions, with no assurance that the transaction will be completed [1]. - The purchase price and payment method will be determined in the definitive agreement following due diligence [1]. - The LOI will terminate automatically if the transaction is not completed by October 31, 2026 [1]. Group 2: Strategic Importance - This acquisition is seen as a significant milestone in Taoping's strategic expansion, expected to enhance its technological infrastructure and proprietary hardware capabilities [2]. - The integration of AI into real-world industrial applications is anticipated to accelerate through this acquisition [2]. Group 3: Alphalion Holding Overview - Alphalion Holding is a technology enterprise group with over 60 core patents, operating in embodied robotics, AI servers, and composite new materials [3]. - The company has expanded from high-end manufacturing in China to a conglomerate with operations in Hong Kong, mainland China, and Singapore [3]. - Alphalion Holding controls several subsidiaries, including an approximately 80.5% stake in Dongguan Yuanchuan Composite Materials Co., Ltd. [3]. Group 4: Leadership Perspective - Mr. Jianghuai Lin, Chairman and CEO of Taoping, emphasized that the acquisition aligns with global technology trends and aims to strengthen the company's AI-robotics footprint [4]. - The acquisition is expected to create long-term value for shareholders by enhancing operational synergies [4].

Core Insights - Taoping Inc. has signed a share purchase agreement to acquire 100% equity in Skyladder Group Limited for approximately RMB 152 million (around US$21.36 million), which is expected to significantly increase its annual revenue and expand its addressable market [1][2] - The acquisition will allow Taoping to leverage AI technology to enhance its smart elevator services and IoT strategy, integrating Skyladder Group's technological advantages with its own resources [1][4] Financial Performance Targets - The purchase price will be paid in ordinary shares, with performance-based targets set for Skyladder Group, including projected revenues of RMB 74.14 million and net profit of RMB 3.80 million in 2026, escalating to revenues of RMB 180.66 million and net profit of RMB 22.14 million by 2029 [2] Industry Positioning - Skyladder Group is a leader in smart elevator services in China, focusing on AI-powered supervision and providing comprehensive services throughout the elevator lifecycle, including sales, installation, and maintenance [3] - The Chinese elevator industry is experiencing growth driven by "quantity renewal and incremental intelligence," which aligns with Taoping's strategic goals in the smart elevator sector [4]

Core Viewpoint - Taoping Inc. aims to achieve annual sales of approximately RMB 200 million (around US$27 million) in 2026 through expanded cooperation in smart agriculture with Mengla County Agricultural Reclamation Group and its subsidiary [1] Group 1: Business Expansion - The partnership plans to increase the total planting area from nearly 75 acres to 500 acres, creating several thousand flexible jobs [2] - The company previously announced a target to expand the planting base in Mengla County to 3,500 acres by 2027, with projected annual output valued at RMB 600 million (US$82.5 million) [3] Group 2: Technological Integration - Taoping Yunnan and Mengla are utilizing advanced technologies such as drones, artificial intelligence (AI), big data, and the Internet of Things to improve production and operational efficiency [2] Group 3: Strategic Partnership - The strategic partnership with Mengla has already shown strong results, with successful trial vegetable crops leading to additional land lease agreements and an expanded demonstration planting base [4]

Company Overview - Taoping Inc. is a provider of innovative smart cloud platform services and solutions, focusing on helping customers in both private and public sectors to communicate and market effectively [2] - The company has developed a comprehensive portfolio of high-value, high-traffic areas for its products, which are integrated with its smart cloud platform, cloud services, new media, and artificial intelligence [2] Compliance Update - On June 13, 2025, Taoping Inc. received notification from Nasdaq confirming that it has cured its bid price deficiency and regained compliance with Nasdaq Listing Rule 5550(a)(2) [1] - As a result, the company's ordinary shares will continue to trade uninterrupted on Nasdaq under the ticker "TAOP" [1]

Core Viewpoint - Taoping Inc. has entered into a new sales and purchase agreement worth RMB 20 million (approximately US$2.8 million) with Hunan Xiuxiang Agricultural Technology Co., Ltd. to supply agricultural products over a two-year period, indicating a strategic move to enhance its operations in the agricultural sector [1][2]. Company Overview - Taoping Inc. specializes in providing innovative smart cloud platform services and solutions, leveraging technology to enhance communication and marketing for both private and public sector clients [6]. - The company has established a comprehensive ecosystem of city partners and a portfolio of high-value areas for its products, aligning with its smart cloud platform and services [6]. Recent Developments - The new agreement with Xiuxiang Agricultural follows a previous major agreement that is projected to generate an annual output value of RMB 600 million (approximately US$83.3 million) by 2027, focusing on advanced agricultural practices and technologies in Mengla County, Yunnan Province [3][4]. - The company has conducted successful trials at its agricultural base in Mengla County, resulting in positive improvements in both yield and quality of the products grown, which supports its strategy to expand in the agricultural market [4]. Market Context - Xiuxiang Agricultural, based in Changsha, Hunan Province, aims to modernize its operations and improve supply chain efficiency by collaborating with Taoping, reflecting the growing demand for agricultural products, particularly vegetables, in China [2][4]. - Mengla County, where Taoping operates, is recognized for its rich biodiversity and serves as a significant trade hub, which enhances the potential for agricultural development and tourism [5].

Company Overview - Taoping Inc. is a provider of innovative smart cloud platform services and solutions, focusing on technology to enhance communication and marketing for both private and public sectors [4]. Reverse Stock Split Announcement - The board of directors approved a one-for-thirty reverse stock split of the Company's issued and outstanding ordinary shares, effective May 29, 2025 [1]. - Each thirty ordinary shares will automatically combine into one issued and outstanding ordinary share without requiring action from shareholders [2]. Purpose of the Reverse Stock Split - The reverse stock split aims to increase the per share trading price to meet the $1.00 minimum bid price requirement for continued listing on the Nasdaq Stock Market [3]. - Post-split, the Company will have approximately 0.89 million ordinary shares issued and outstanding, excluding shares from options and convertible notes [3].