About AGTECH HOLDINGS Company

Abel Technology was incorporated in Bermuda and its shares are listed on GEM (stock code: 8279). Abel Technology is an integrated technology and service company serving mainland China and Macau, China, focusing on electronic payment services, lotteries, mobile games and entertainment, and marketing technology services; and non-lottery hardware supply markets. As a member company of Alibaba Group, the Group is the exclusive lottery platform for Alibaba Group and Ant Group. Yabo Technology's business is broadly divided into four categories: (i) Lottery: (a) Sale of lottery hardware; (b) Selling lottery tickets and supporting services through physical channels; (ii) Electronic payments: (a) Providing payment card services and ancillary services; (b) Providing e-wallet services; (c) Providing billing services for other payment platforms; (iii) gaming and entertainment and marketing technology services; and (iv) Non-lottery hardware supply (including sales and leasing). ADB Technology is currently an affiliated member of the World Lottery Association (WLA) and the Asia Pacific Lottery Association (APLA). Corporate Strategy and Objectives Abel Technology is committed to developing its business into a full range of electronic payment services, lotteries, mobile games and entertainment content and technology providers serving customers around the world. As the exclusive lottery platform of Alibaba Group and Ant Group, lottery technology and services will continue to be the main field of expertise of Yabo Technology. With rich experience and innovative technology in the lottery industry, the Group will continue to support lottery organizations in physical channel expansion, innovative hardware, marketing services and promotion. Drawing on the Group's past experience in designing, operating and/or providing online and mobile gaming and entertainment content to multiple online or mobile shopping and payment platforms, the Group will endeavour to integrate its core competitiveness into its electronic payment business in Macau, China, not only to enhance its business performance in Macau, China, but also expand its scope of business in complementary fields (including but not limited to e-commerce, entertainment and advertising or marketing technology services) and expand its business beyond Macau, China. The Group will continue to use its R&D capabilities in lottery hardware to expand its hardware products to non-lottery hardware in the retail sector to expand the product range of its hardware business. At the same time, the Group will consolidate and optimize the technical capabilities of POS machines in payment business scenarios to provide better services to merchants in Macau, China. Looking ahead, Abel Technology will continue to seek opportunities overseas, launch its own systems and platforms and operational and technical expertise, and strategically cooperate with local partners in Asia to globalize our business.