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 expect this trend to continue into the second half of the year, based on positive indications from customers and emerging opportunities. We believe our current stock price does not fully reflect our Company's strong business fundamentals. We remain committed to unlocking greater value for shareholders as we continue to execute on our business strategy, leverage our AI-based product portfolio and drive accelerated growth."
Taoping's enhanced AI-powered Smart Terminals offer a powerful combination ...