AGTech Wins Lottery Hardware Bids in Zhejiang and Henan Provinces of China

HONG KONG, Dec. 5, 2019 /PRNewswire/ -- AGTech Holdings Limited ("AGTech" or the "Company", HKEX stock code:08279) is delighted to announce that its wholly-owned subsidiary, Beijing AGTech GOT Technology Co., Ltd ("AGTech GOT") has won the sports lottery terminal procurement bidding projects in Zhejiang and Henan provinces of the People's Republic of China recently. The lottery terminals will be supplied to the sports lottery administration center of the two provinces. The successful bids further strengthened the Company's leading position in China's sports lottery hardware market and demonstrated the continued competitiveness of AGTech's lottery terminals.

John Sun, Chairman and Chief Executive Officer of AGTech said, "So far, AGTech GOT has already won many tenders in various provinces, municipalities and autonomous region across China, further reaffirming our hardware division's continued dedication to and leading position in China's lottery industry. AGTech will continue to enhance product innovation, ensure safety and R&D compliance, and contribute to the overall healthy development of China's lottery market."

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 360 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