Taoping (TAOP) Launches Digital Culture Business Division

Taoping Inc. (NASDAQ: TAOP, the “Company”), a provider of internet-based smart display screens, and a new-media ecosystem that enables targeted advertising and online retail, today announced the launch of a newly-created Digital Culture Business Division that covers Taoping’s new-media business and education business, and the appointment of Zhixiong Huang, COO of TAOP, as director of Digital Culture Business Division concurrently, and Huan Li as Executive Associate Director of the Division.

Huan Li has over 15 years’ experience in the culture and media field. He has worked as a reporter for several media outlets including Asia Pacific Media Group. Mr. Li has been directly responsible for the planning and operation management of a number of large-scale commercial and cultural projects.

The Digital Culture Business Division plans to build a new interconnected and open platform ecosystem based on the current Taoping smart cloud. Relying on artificial intelligence and big data technology, the new platform expected to integrate offline scenes and online Internet interaction channels and provide overall solutions for industries such as Internet education and new media.

“TAOP has devoted years to the new media industry," said Mr. Jianghuai Lin, Chairman and CEO of TAOP. “We believe the launch of the Digital Culture Business Division and the new appointments of Mr. Huang and Mr. Li can advance our plan to grow in the digital culture industry.”

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