Breaking News: Color Star Technology Co., Ltd Announces Collaboration with Red Phoenix Entertainment to Strategically Expand into Sports Education

Color Star Technology Co., Ltd. (NASDAQ: HHT) (the “Company”, “we” or “HHT”), a company engaged in the business of providing education services, today announced that its wholly owned subsidiary, Color China Entertainment Limited (“Color China”), has officially reached a long-term strategic agreement with Red Phoenix Entertainment. In the future, the two parties will leverage on each other’s advantages to develop in-depth cooperation on sports education, brand promotion, and online star education.

The cooperation between the two parties allows Color China to strategically expand into sports area to create professional, diversified and educational services. The cooperation also enables Color China to expand from the entertainment industry to more profitable and derivative industries such as sports, and greatly enhances Color China’s extensiveness and operability through the combination of online and offline. In the near future, Color China and its parent company Color Star Technology Co., Ltd. will launch its self-developed star online education service software globally. After the software is launched, Red Phoenix will leverage its influence and profound resources in sports, including actively encouraging outstanding athletes to cooperate with Color China in sports education.

CEO of Color Star Technology Co., Ltd., Mr. Biao Lu said, “Color China aims to strategically expand in sports area to bring top athletes to its star instructor crew. We believe that cooperating with Red Phoenix will generate more users for Color Star Technology platform and reach a new milestone. A deep and long-term strategic alliance with the Red Phoenix will unquestionably become a mutually beneficial, win-win partnership for the development and growth of both parties.”

About Color Star Technology Co., Ltd.

Color Star Technology Co, Ltd. (Nasdaq: HHT) offers online and offline innovative knowledge-paid services for music and entertainment industries globally. Its official website is www.colorstarinternational.com. Its business operations are conducted through its wholly-owned subsidiaries Color China Entertainment Ltd. and CACM Group NY, Inc. The Company’s online education is provided through its Color World music and entertainment education platform. The Company also offers after-school entertainment tutoring in New York via its joint venture entity Baytao LLC.

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