Color Star Technology Co., Ltd. Announces that Japanese Idol Ryota Hayashi Will Perform at its Planned Online Concert

NEW YORK,July 30,2020 -- Color Star Technology Co.,Ltd. (Nasdaq CM: HHT) (the "Company","we" or "HHT"),a company engaged in the business of providing innovative education services,is pleased to announce that the famous Japanese idol Ryota Hayashi will perform at the online concert "Fearless,Color World" hosted by the Company.

On September 9th,2020,Ryota Hayashi,a well-known Japanese idol,will make his appearance,bringing a special and unparalleled performance to fans all over the world online. At that time,the world's top superstars will be invited to perform online,and the show will be broadcasted on more than 200 video and social platforms worldwide.

Born in Osaka,Japan and known for his stage plays singing,dancing and acting skills,Ryota participated in a live show "My Prince of the Year" in 2018,which helped him gained big fan base and is now known as the "Osaka Prince" by many fans. Ryota also starred in the survival reality show "PRODUCE 101 JAPAN",which became a big hit in Japan in 2019. Ryota successfully captured audience with his great acting skills and stood out among 101 participants.

Biao (Luke) Lu,Company's CEO comments,"The 'Color World' online concert will bring to hundreds of millions of audiences around the world not only the wonderful performances from the world's top artists,but also the dazzling stage design and top audio equipment. The concert aims to bring in a broader audience base from Japan and increase the company's exposure in Asia."

About Color Star Technology Co.,Ltd.

Color Star Technology Co,Ltd. (Nasdaq: HHT) offers online and offline innovative education services for the music and entertainment industries globally. 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 inNew Yorkvia its joint venture entity Baytao LLC.

Forward-Looking Statements

Certain statements made herein are "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as "anticipate","believe","expect","estimate","plan","outlook",and "project" and other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. Such forward-looking statements include the business plans,objectives,expectations and intentions of the parties following the completion of the acquisition,and HHT's estimated and future results of operations,business strategies,competitive position,industry environment and potential growth opportunities. These forward-looking statements reflect the current analysis of existing information and are subject to various risks and uncertainties. As a result,caution must be exercised in relying on forward-looking statements. Due to known and unknown risks,our actual results may differ materially from our expectations or projections. All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws,the Company does not assume a duty to update these forward-looking statements. The following factors,among others,could cause actual results to differ materially from those described in these forward-looking statements: there is uncertainty about the spread of the COVID-19 virus and the impact it will have on HHT's operations,the demand for the HHT's products and services,global supply chains and economic activity in general. These and other risks and uncertainties are detailed in the other public filings with the Securities and Exchange Commission (the "SEC") by HHT. Additional information concerning these and other factors that may impact our expectations and projections will be found in our periodic filings with the SEC,including our Annual Report on Form 20-F for the fiscal year ended June 30,2019. HHT's SEC filings are available publicly on the SEC's website at www.sec.gov. HHT disclaims any obligation to update the forward-looking statements,whether as a result of new information,future events or otherwise.

Color Star Technology Co.,Ltd.

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