HONG KONG, June 6, 2018 /PRNewswire/ -- AGTech Holdings Limited ("AGTech" or the "Company", HKEX stock code: 08279), China's leading integrated lottery and entertainment technology company, is proud to announce that its wholly owned subsidiary, Beijing AGTech GOT Technology Co., Ltd. ("GOT"), has won three lottery hardware tenders with its new lottery terminal to supply to the China Sports Lottery in the Guizhou, Shanghai and Hebei provinces/municipality. GOT has nearly half of the China Sports Lottery's lottery hardware terminal market share nationwide, and the successful bids have further bolstered AGTech's leading position in China's sports lottery hardware market.
Importantly, when compared with traditional lottery terminals, this new lottery terminal model greatly elevates the overall experience for both lottery store owners and customers. First of all, the new terminal's dual screens facing both the store owners and customers effectively strengthens the interactive experience at the time of purchase. Secondly, the terminal is equipped with touch screens, which increases its ease of use and interactivity. In addition, the smart terminal operates on the Android operating platform, which is in line with the trend of development in the terminal market, is more beneficial for backend system controls and upgrades, and complies with the security specifications of the lottery industry. In the meantime, the new terminal will play a more important role in the lottery industry in achieving a more efficient and effective expansion of multi-business social channels.
John Sun, Chairman and Chief Executive Officer of AGTech, said, "We are pleased that our hardware division's continued dedication to China's lottery industry is reaffirmed with the winning of these three important tenders for the new model of the lottery terminal hardware. GOT continues to strive for excellence in product innovation, with both lottery store owners and customers in mind during the design process. GOT also maintains the highest standards of safety and compliance in the R&D and production of lottery hardware, further contributing to the healthy development of the Chinese lottery market as a whole."
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:
AGTech is a Gold Contributor of the World Lottery Association (WLA), an associate member of the Asia Pacific Lottery Association (APLA), an official organizer and operator of the competition card games Guan Dan and Two-on-One Poker in China, and an official partner of the International Mind Sports Association (IMSA).
For more information, please visit www.agtech.com
For enquiries, please contact Hill+Knowlton Strategies Asia:
Crystal Yip
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Email: crystal.yip@hkstrategies.com
Renee Chen
Tel: (852) 2894 6228
Email: renee.chen@hkstrategies.com