AGTech's Lottery Terminal Wins Another Hardware Bid in Jiangsu Province

HONG KONG, July 4, 2018 /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. ("GOT"), has won the lottery hardware bid for Jiangsu Provincial Sports Lottery Administration Center, following the winning bids in Guangxi, Jilin, Hunan, Guizhou, Shanghai, Hebei and Henan. The successful bids further strengthened the Company's absolute 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, "In the first half of 2018, GOT has already won tenders in various provinces, municipality and autonomous region across China, further reaffirming our hardware division's continued dedication to and leading position in China's lottery industry. AGTech has and will continue to enhance product innovation, safety and R&D compliance to 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 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 games and systems, hardware and distribution); 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), 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).

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