AGTech was incorporated in Bermuda and its shares are listed on GEM (Stock Code: 8279). AGTech is an integrated technology and services company engaged in the lottery and mobile games and entertainment market with a focus on China and selected international markets. A member of the Alibaba Group with around 400 employees, AGTech is the exclusive lottery platform of Alibaba Group and Ant Financial Group.
AGTech’s businesses are broadly divided into two categories:
• Lottery (including hardware, games and systems and provision of distribution and ancillary services); and
• Games and Entertainment.
AGTech is a Gold Contributor of the World Lottery Association (WLA), an associate member of the Asia Pacific Lottery Association (APLA), and an official partner of the International Mind Sports Association (IMSA).
CORPORATE STRATEGY AND OBJECTIVES
AGTech is committed to evolving its business into a comprehensive lottery, mobile games and entertainment content and technology provider to customers around the world.
Lottery technology and services have been and will continue to be AGTech’s domain expertise. To this end, we continue to support both of China’s legal lottery operators, namely the Sports Lottery and the Welfare Lottery, across the full value chain by bringing together industry expertise, innovative technology and infrastructure, as well as management and operating experience into the Chinese lottery market.
Further, the Group continues to leverage its industry experience thru innovation to support authorities in areas including product development, physical channel expansion, smart lottery hardware, technology and data service, marketing and promotions, all in assisting to broaden the reach of lottery products in China and to advance the industry as a whole.
As the exclusive lottery platform of Alibaba Group and Ant Financial Group, we believe that our position in both existing and potential new lottery channels is strengthened as we continue to improve upon the appeal and access of lottery products to the end consumers in China and actively contribute to the healthy growth and development of the industry.
Looking forward, AGTech will continue to pursue overseas opportunities and globalize our business thru offering our proprietary systems and platforms, as well as operational and technical expertise, in addition to strategic partnership with local partners in overseas markets such as India, South East Asia and beyond.