Blue Hat announces joint development of Tencent QQ emoji branded toys

Blue Hat Interactive Entertainment Technology ("Blue Hat" or the "Company") (NASDAQ: BHAT), a leading communication services and Internet Data Center ("IDC") business provider and developer, and also an operator of mobile games and augmented reality ("AR") education curriculum and products in China, today announced that the Company and Tencent QQ ("QQ"), an instant messaging service provider and social platform for PC and mobile users, have jointly developed two toy products utilizing the intellectual property ("IP") of the QQ emoji, pursuant to the previously announced licensing agreement for certain QQ IP.

Mr. Xiaodong Chen, CEO of Blue Hat, stated, "We are pleased to have the opportunity to work closely with the QQ team in the development and launch of these two QQ emoji branded toy products. The QQ Emoji Gyro Inertial Mystery Box, a popular spinning top toy, is already available to consumers for purchase, and we anticipate rolling out the QQ Emoji Bubble Sticks in the coming weeks. We look forward to introducing additional products in the near future."