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AGTech's Lottery Terminal Wins Two More Hardware Bids in Zhejiang Province and Hubei Province

2018-09-11 19:13 1808

HONG KONG, Sept. 11, 2018 /PRNewswire/ -- AGTech Holdings Limited ("AGTech" or the "Company", HKEX stock code: 8279) is delighted to announce that its wholly-owned subsidiary, Beijing AGTech GOT Technology Co., Ltd. ("GOT"), has won two more lottery terminal bids to supply sports lottery hardware in Zhejiang Province and Hubei Province, bringing the total number of successful bids for GOT in 2018 to 12 following the winning bids in Guangxi, Jilin, Hunan, Guizhou, Shanghai, Hebei, Henan and Jiangsu. The successful bids further solidify the continued competitiveness of AGTech's lottery terminals.

With over 70,600 lottery terminal units manufactured by GOT currently in use today, GOT has nearly half of China Sports Lottery's lottery hardware terminal market share nationwide, reaffirming our industry leading position and continued commitment in China's lottery hardware market. 

John Sun, Chairman and Chief Executive Officer of AGTech, said, "In 2018, GOT has already won 12 tenders in various provinces, municipality and autonomous region across China, further demonstrating our hardware division's continued dedication to and leading position in China's lottery industry. As we continue to enhance product innovation, safety and R&D compliance of lottery hardware, we expect to continue to contribute to the overall healthy development of China's lottery market."

Note: For complete information, please refer to the company's announcement on the HKSE website at http://www.hkexnews.hk/listedco/listconews/GEM/2018/0911/GLN20180911009.pdf

About AGTech Holdings Limited

AGTech was incorporated in Bermuda and its shares are listed on the GEM (Stock Code: 08279). 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, 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).

For more information, please visit www.agtech.com.

Source: AGTech Holdings Limited
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