Fujian Blue Hat Interactive Entertainment Technology Ltd. is a global leader in the production and distribution of animated toys with mobile game features, intellectual property, and peripheral derivatives. The company, founded in 2010 and headquartered in Xiamen, China, specializes in designing, producing, promoting, and selling a variety of innovative products. Blue Hat's product lineup includes mobile games such as AR Racer, AR Crazy Bug, AR 3D Magic Box, AR Dinosaur, Talking Tom and Friends' Bouncing Bubble, and AR Shake Bouncing Bubble. The company also owns the license to sell merchandise featuring WUHUANGWANSHUI brand images. Blue Hat has an extensive distribution network that includes domestic distributors, e-commerce platforms, supermarkets, and export distributors, making it one of the most influential entertainment technology companies in the world.