Taoping Launches New Smart Elevator Insurance Pilot Program
TIANJIN, China, August 10, 2026 – Taoping Inc. (Nasdaq: TAOP) (“Taoping” or the “Company”), a provider of innovative cloud-based technologies, Smart City IoT platforms, and related products and services, today announced that its wholly owned subsidiary, Skyladder (Tianjin) Technology Development Co., Ltd. (“Skyladder Technology”), has launched an elevator maintenance insurance pilot program with the Tianjin Branch of the People’s Insurance Company of China Property and Casualty Company Limited (“PICC P&C”). The new Insurance + Technology model integrates real-time monitoring, maintenance and risk protection, while targeting a 20% reduction in long-term elevator operating and maintenance costs. The program is designed to bring together the community, insurer, property manager and mainte
Taoping Secures $5.2 Million in Smart Elevator Orders, Advancing AI-Powered Growth Strategy
TIANJIN, China, July 27, 2026 – Taoping Inc. (Nasdaq: TAOP) (“Taoping” or the “Company”), a provider of innovative cloud-based technologies, Smart City IoT platforms, and related products and services, today announced that its wholly owned subsidiary, Skyladder (Tianjin) Technology Development Co., Ltd. (“Skyladder Technology”), has secured approximately $5.2 million in new smart elevator project orders. The new orders represent another important milestone in Taoping’s “AI + elevator” growth strategy and further validate the Company’s expanding role in China’s elevator modernization and intelligent infrastructure market. The projects cover a broad range of high-demand use cases, including urban renewal, affordable housing, commercial housing, vocational education parks, emerging industrial
Strategic Transformation Drives Platform Expansion, Positions Company for Accelerated Growth Tianjin, China, April 30, 2026 – Taoping Inc. (Nasdaq: TAOP, the “Company”), a provider of innovative Cloud-based technologies on the Smart City IoT platform, and related products and services, today reported financial results for the year ended December 31, 2025. The Company expects to file its annual report on Form 20-F for the year ended on December 31, 2025 with the U.S. Securities and Exchange Commission (“SEC”) on or about April 30, 2026. Mr. Bin Ma, Co-CEO of Taoping, said, “Our 2025 financial performance reflects both deliberate strategic realignment and disciplined investment in future growth drivers. While revenue declined year-over-year, we diversified revenue streams and strengthened ou
Taoping Expands Smart Elevator Services Business with New Orders Exceeding US$3 Million
Tianjin, China, April 8, 2026 – Taoping Inc. (Nasdaq: TAOP) (the “Company” or “Taoping”), a provider of innovative smart cloud platform services and solutions, today announced a significant expansion of its core smart elevator business with the new orders exceeding US$3 million. The multi-million dollars in new orders won through its wholly-owned subsidiary Skyladder (Tianjin) Technology Development Co., Ltd. ("Skyladder Technology") reflects a rebound in demand in the broader market for highly-reliable, state-of-the-art elevators and services, and further consolidates the Company's leading position in Tianjin.The Company is capitalizing on its innovation leadership, deep technical bench, and consistent execution to establish a category-defining position in intelligent elevator infrastruct
Taoping Signs Letter of Intent to Acquire Alphalion Holding, Significantly Bolsters AI-Driven Digital Ecosystem
Shenzhen, China, October 17, 2025 – Taoping Inc. (Nasdaq: TAOP, the “Company”), a provider of innovative smart cloud platform services and solutions, today announced that it has entered into a non-binding Letter of Intent (“LOI") with the shareholders of Alphalion Holding Limited (“Alphalion Holding”) to acquire 100% of its equity interests. The proposed acquisition remains subject to the completion of due diligence, negotiation and execution of a definitive agreement, and satisfaction of customary closing conditions. There can be no assurance that the parties will enter into a definitive agreement or that any transaction will be consummated. Under the LOI, the parties have agreed to determine the purchase price and payment method in the definitive agreement to be negotiated following the