Core Insights - Datasea Inc. has signed a service agreement with Hainan Zhixingjian to commercialize acoustic smart health shoes, marking a significant step in the application of its acoustic technology in the health wearable market [1][3]. Agreement Overview - Hainan Zhixingjian is focused on smart health wearables and has shipped over 3 million pairs of smart shoes, holding more than 50 patents and software copyrights [2]. - The collaboration aims to leverage the resources of the Hainan Free Trade Zone to enhance product offerings in the smart health sector [2]. Technology and Financial Details - The contract is for 12 months, during which Datasea will provide proprietary acoustic health technology solutions for smart health insoles, enabling various health benefits [4]. - The technology service fee is based on production volume, starting at RMB 9 (USD 1.26) per pair, decreasing to RMB 7 (USD 0.98) if production exceeds 1 million pairs [4]. - Datasea anticipates generating up to RMB 7 million (approximately USD 0.98 million) in technology service fees during the contract period [4]. Strategic Implications - This partnership exemplifies Datasea's transition from hardware sales to a solution-driven profit model, enhancing its market position in the health sector [3][5]. - The integration of acoustic technology with AI is expected to create scalable commercialization paths and establish a recurring revenue model [3][5].