Taoping Announces Transformational Growth Milestones: New Corporate Headquarters and US$2 Million Smart Infrastructure Contracts

Rhea-AI Summary

Taoping (Nasdaq: TAOP) announced two strategic milestones: a new corporate headquarters in Tiankai Higher Education Park, Tianjin, and the award of US$2 million smart elevator renewal contracts to its newly acquired subsidiary Skyladder (Tianjin) Technology Development Co., Ltd.

The company expects to complete the project and recognize full contract revenue in Q1 2026. Taoping cites a large addressable market—about 12 million elevators in China with nearly 10% older than 15 years—and references state policies from July 2024 and January 2025 supporting large-scale equipment renewal. The move aims to strengthen operations, access innovation resources, and support growth in smart elevator modernization.

Positive

• US$2 million in signed smart elevator renewal contracts
• Contract revenue expected to be recognized in Q1 2026
• New Tianjin headquarters to strengthen operations and innovation access
• Addressable market: 12 million elevators in China, ~10% over 15 years old

Negative

• None.

News Market Reaction

-6.12%

6 alerts

-6.12% News Effect

-29.2% Trough in 27 hr 10 min

-$885K Valuation Impact

$14M Market Cap

0.1x Rel. Volume

On the day this news was published, TAOP declined 6.12%, reflecting a notable negative market reaction. Argus tracked a trough of -29.2% from its starting point during tracking. Our momentum scanner triggered 6 alerts that day, indicating moderate trading interest and price volatility. This price movement removed approximately $885K from the company's valuation, bringing the market cap to $14M at that time.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Smart elevator contracts: US$2 million Revenue timing: Q1 2026 Elevators in China: Approximately 12 million +3 more

6 metrics

Smart elevator contracts US$2 million Renewal contracts awarded to Skyladder (Tianjin) subsidiary

Revenue timing Q1 2026 Company expects to recognize full US$2 million contract value

Elevators in China Approximately 12 million Elevators in operation per State Administration for Market Regulation

Aging elevator share Nearly 10% Portion of elevators in service for more than 15 years

Service life threshold More than 15 years Definition of aging elevators targeted for renewal

Policy dates July 2024 and January 2025 State-issued measures supporting large-scale equipment renewal

Market Reality Check

Price: $1.34 Vol: Volume 68,087 is far belo...

low vol

$1.34 Last Close

Volume Volume 68,087 is far below 20-day average 1,359,354 (relative volume 0.05) ahead of the announcement. low

Technical Shares at $1.47 are below the 200-day MA $4.49 and near the 52-week low $1.46, far from the 52-week high $20.10.

Peers on Argus

TAOP showed a -6.96% move with very light volume, while peers were mixed: CETX -...

1 Up

TAOP showed a -6.96% move with very light volume, while peers were mixed: CETX -4.2%, RVYL -9.32%, OLB -1.75%, ATCH +0.53%. BNAI appeared in momentum scanners with a move of about +35%, highlighting stock-specific action rather than a uniform sector trend.

Common Catalyst One peer, BNAI, reported an AI engagement agreement, suggesting selective AI-related catalysts rather than a broad software infrastructure move.

Historical Context

3 past events · Latest: Oct 17 (Positive)

Pattern 3 events

Date	Event	Sentiment	Move	Catalyst
Oct 17	AI acquisition LOI	Positive	-25.7%	LOI to acquire Alphalion Holding to enhance AI and robotics capabilities.
Sep 30	Smart elevator deal	Positive	-4.6%	All-stock acquisition of Skyladder Group to expand smart elevator services.
Aug 04	Smart agriculture targets	Positive	-5.2%	Announced 2026 smart agriculture sales targets and acreage expansion plans.

Pattern Detected

Recent strategic and growth-oriented announcements have been followed by negative 24-hour price reactions, indicating a pattern of divergence between positive news flow and near-term trading.

Recent Company History

Over the past months, Taoping has focused on expansion and diversification. On Aug 4, 2025, it outlined ambitious smart agriculture sales targets. On Sep 30, 2025, it agreed to acquire Skyladder Group in an all-stock deal to deepen smart elevator capabilities. On Oct 17, 2025, it signed an LOI to acquire Alphalion Holding to bolster AI and robotics. Each event carried a strategic growth narrative but was followed by a negative 24-hour price reaction, framing today’s smart elevator contract win and HQ relocation within a history of cautious market responses.

Regulatory & Risk Context

Active S-3 Shelf

Shelf Active

Active S-3 Shelf Registration 2025-12-23

Taoping has an active Form F-3 shelf registration that was amended on Dec 23, 2025 via an F-3/A filing. The amendment was described as administrative, updating the auditor consent and making minor cover and index changes, with the underlying prospectus remaining unchanged. This confirms ongoing shelf availability but does not modify previously filed offering terms.

Market Pulse Summary

The stock moved -6.1% in the session following this news. A negative reaction despite contract wins ...

Analysis

The stock moved -6.1% in the session following this news. A negative reaction despite contract wins and relocation milestones would fit a recent pattern where seemingly positive growth news around acquisitions and expansion preceded weak 24-hour price performance. With the stock already trading well below its 200-day MA and near its 52-week low, downside moves could reflect ongoing skepticism rather than the specifics of this US$2 million contract. The active shelf registration may also factor into perceptions of future capital-raising risk.

Key Terms

smart cloud platform, smart infrastructure, smart elevator, deep iot perception, +3 more

7 terms

smart cloud platform technical

"a provider of innovative smart cloud platform services and solutions"

A smart cloud platform is a set of online computing services that combines data storage, processing power and automated software tools—often including analytics or machine learning—to help organizations run applications and make decisions without owning physical servers. For investors it matters because these platforms can lower costs, speed product development, and create recurring revenue or efficiency gains; like renting a flexible, intelligent utility that can scale with demand and reveal business trends faster.

smart infrastructure technical

"US$2 million Smart Infrastructure Contracts"

Smart infrastructure is physical systems—roads, bridges, power grids, water networks and buildings—upgraded with sensors, controls and software so they can monitor conditions, communicate status and adjust automatically. For investors it matters because these upgrades can lower operating costs, extend asset life, reduce downtime and create new revenue streams, similar to turning a passive appliance into a connected device that reports problems and optimizes performance in real time.

smart elevator technical

"newly secured smart elevator renewal contracts valued at US$2 million"

A smart elevator is a lift equipped with sensors, connected software and automated controls that optimize performance, safety and energy use—like a thermostat and traffic manager combined for vertical transport. For investors, smart elevators matter because they can lower operating costs, extend equipment life, improve building value and create recurring revenue from upgrades and data services, making property and facilities more profitable and easier to manage.

deep iot perception technical

"leverages core technologies such as deep IoT perception and AI-powered"

Deep IoT perception combines networks of connected sensors and devices with advanced artificial intelligence that learns from raw data to recognize objects, patterns, events or anomalies in real time — think of a camera system that not only records but understands what it sees. For investors it matters because this capability can unlock new revenue streams, cut operating costs, speed automation and create competitive advantages in industries from manufacturing to healthcare, while also raising considerations about data needs and privacy.

ai-powered autonomous decision-making technical

"deep IoT perception and AI-powered autonomous decision-making to collect"

Computer systems that use artificial intelligence to make choices and take actions without human intervention, like an autopilot that adjusts course and settings on its own. Investors care because these systems can cut labor costs, speed up operations, and scale decisions consistently, but they also introduce new risks—errors, unexpected behavior, and regulatory or reputational exposure—that can affect a company’s performance and valuation.

intelligent sensors technical

"collect real-time elevator operational data through intelligent sensors"

Intelligent sensors are small devices that not only detect physical signals like temperature, motion, or chemical levels but also analyze and act on that data locally using built‑in computing and rules. Think of them as a thermometer that can decide to send an alert, change a machine’s setting, or report a trend without a person in the loop. For investors, they matter because they can boost product value, cut operating and maintenance costs, enable subscription services based on real‑time data, and create recurring revenue or competitive advantages for companies that deploy them at scale.

full life-cycle smart service system technical

"delivers a comprehensive, full life-cycle smart service system that enhances"

A full life-cycle smart service system is an integrated platform that uses sensors, data analysis and automated tools to manage a product or service from design and delivery through maintenance and eventual replacement. It turns one-time sales into ongoing relationships by predicting problems, scheduling upkeep and delivering updates much like a smart home hub that watches appliances, orders repairs and optimizes performance over time. Investors care because it can create steady recurring revenue, lower operating costs and stronger customer loyalty, making a business more predictable and scalable.

AI-generated analysis. Not financial advice.

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.

As part of its long-term growth and scale strategy, Taoping has officially relocated its corporate headquarters to a more prominent and strategic location in Tianjin, China. The new headquarters is situated in the Tiankai Higher Education Park on the 21^st floor of Building 3, Tianjin Science and Technology Plaza, Keyan West Road, Nankai District, Tianjin. This move strengthens Taoping's operational foundation, enhances access to innovation resources, and positions the Company closer to key partners and customers stakeholders. Taoping will continue to maintain an active presence in Shenzhen, China, serving as its southern headquarters and innovation hub.

Anchoring this relocation are the newly secured smart elevator renewal contracts valued at US$2 million, awarded to Taoping's newly acquired subsidiary, Skyladder (Tianjin) Technology Development Co., Ltd. The Company expects to complete the project and recognize the full contract value as revenue in the first quarter of 2026, providing near-term revenue visibility and reinforcing execution strength.

China's elevator modernization market represents a substantial and rapidly expanding opportunity. According to official data from the State Administration for Market Regulation, China currently has approximately 12 million elevators in operation, with nearly 10% having been in service for more than 15 years. The large-scale renewal of aging elevators has become a national priority, supported by the July 2024 and January 2025 State-issued policy, "Several Measures on Strengthening Support for Large-scale Equipment Renewal and Consumer Goods Trade-in."

Backed by favorable government policy, Taoping is addressing longstanding industry pain points through a technology-driven, data- and AI-enabled business model. Moving beyond the traditional single-equipment upgrade approach, Taoping leverages core technologies such as deep IoT perception and AI-powered autonomous decision-making to collect real-time elevator operational data through intelligent sensors. By integrating its proprietary platforms, the Company delivers a comprehensive, full life-cycle smart service system that enhances safety, efficiency, and operational intelligence, creating a clear and differentiated competitive advantage.

Mr. Jianghuai Lin, Chairman and Chief Executive Officer of Taoping, commented, "We are excited to be entering 2026 in a strong position for growth as we focus on unlocking greater value for shareholders. China's elevator industry is entering a powerful dual-growth cycle driven by both large-scale renewal demand and comprehensive intelligence upgrades. The deep synergy between Taoping's full life-cycle smart service capabilities and our platform resources significantly strengthens our strategic position in the smart elevator sector. Looking ahead, we will continue to advance our renewal plus integrated operations and maintenance model and leverage our proven success across key cities nationwide as we deliver sustainable long-term value for our shareholders."

About Taoping Inc.

Taoping Inc. (Nasdaq: TAOP) has a long history of successfully leveraging technology in the development of innovative solutions to help customers in both the private and public sectors to more effectively communicate and market to their desired targets. The Company has built a far-reaching city partner ecosystem and comprehensive portfolio of high-value, high-traffic areas for its products, which are aligned together with Taoping's smart cloud platform, cloud services and solutions, new media and artificial intelligence. For more information about Taoping, please visit http://en.taop.com. You can also follow us on X.

Safe Harbor Statement

This press release contains "forward-looking statements" that involve substantial risks and uncertainties. All statements other than statements of historical facts contained in this press release, such as statements regarding our estimated future results of operations and financial position, our strategy and plans, and our objectives or goals, are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. We have attempted to identify forward-looking statements by terminology including "anticipates," "believes," "can," "continue," "could," "estimates," "expects," "intends," "may," "plans," "potential," "predicts," "should," or "will" or the negative of these terms or other comparable terminology. Our actual results may differ materially or perhaps significantly from those discussed herein, or implied by these forward-looking statements. There are a significant number of factors that could cause actual results to differ materially from statements made in this press release, including: our potential inability to achieve or sustain profitability or reasonably predict our future results, the effects of the global pandemic or other health crisis, the emergence of additional competing technologies, changes in domestic and foreign laws, regulations and taxes, uncertainties related to China's legal system and economic, political and social events in China, the volatility of the securities markets; and other risks including, but not limited to, those that we discussed or referred to in the Company's disclosure documents filed with the U.S. Securities and Exchange Commission (the "SEC") available on the SEC's website at www.sec.gov, including the Company's most recent Annual Report on Form 20-F as well as in our other reports filed or furnished from time to time with the SEC. The forward-looking statements included in this press release are made as of the date of this press release and the Company undertakes no obligation to publicly update or revise any forward-looking statements, other than as required by applicable law.

View original content:https://www.prnewswire.com/news-releases/taoping-announces-transformational-growth-milestones-new-corporate-headquarters-and-us2-million-smart-infrastructure-contracts-302649888.html

SOURCE Taoping Inc.

FAQ

What did Taoping (TAOP) announce on December 29, 2025 regarding headquarters?

Taoping moved its corporate headquarters to the Tiankai Higher Education Park, 21st floor of Building 3, Tianjin Science and Technology Plaza in Nankai District, Tianjin.

How much are the smart elevator contracts Taoping (TAOP) signed and who will execute them?

Taoping signed US$2 million in smart elevator renewal contracts awarded to its subsidiary Skyladder (Tianjin) Technology Development Co., Ltd.

When will Taoping (TAOP) recognize revenue from the US$2 million contracts?

The company expects to complete the project and recognize the full contract value as revenue in Q1 2026.

What market data did Taoping (TAOP) cite about China’s elevator industry?

Taoping referenced official data showing about 12 million elevators in operation in China, with nearly 10% in service over 15 years.

Which government policies did Taoping (TAOP) reference as supportive for elevator renewal demand?

Taoping referenced state-issued measures dated July 2024 and January 2025 that strengthen support for large-scale equipment renewal and consumer goods trade-in.

How does Taoping (TAOP) position its technology in the smart elevator market?

Taoping describes a data- and AI-enabled model using deep IoT sensors and AI decision-making to deliver a full life-cycle smart service system for safety, efficiency, and operational intelligence.