About VONGROUP Company

Yellow River Industrial Co., Ltd. is a global company headquartered in Hong Kong that also has a presence in the United Kingdom (“UK”). It is mainly engaged in consulting and business solutions related to software and intelligent technology services, and focuses on deploying our technology application portfolio, digital transformation, and scalable cloud platforms. These solutions include, but are not limited to, vertical industry expertise in enterprise management technology, event management solutions, financial management solutions for large-scale events, software-as-a-service (SaaS) mobile enterprise solutions, distance learning/training solutions, and virtual/hybrid event solutions. Our team of technical and commercial professionals and the solutions, services and products of the Yellow River Group ecosystem have enabled us to achieve steady results. Further expand and enhance our digital ecosystem and operations: Continued investment in technology and business expertise, and deep knowledge of multiple industries. Our Huanghe Industrial Technology Solutions and Business Process Division is committed to continuing to invest in and further enhance our cutting-edge intelligent technology and business process outsourcing services. We utilize our broad technical and business expertise combined with deep knowledge across multiple industry verticals to maintain our standards of excellence in service delivery. This dedication extends to our valued customers in Hong Kong, across Asia and the United Kingdom/European Union (“EU”). We focus on expanding and enhancing our digital ecosystem by integrating advanced artificial intelligence technology, data-driven intelligence, fintech services, digital event management, e-commerce, education technology and remote training, corporate information and productivity, and big data analytics. This initiative is aimed at strengthening and deepening our relationships with customers. Drive business growth for critical international events with our fintech, software-as-a-service (SaaS), virtual reality (VR), and augmented reality (AR) technology-driven management services. We are committed to advancing the strategic alliance with our subsidiary Claman Global Limited, which owns and operates FringeBacker Events. As one of Asia's leading SaaS platforms, focusing on event management and fintech solutions for large-scale events, FringeBacker Events stands out for its excellent and unique user experience. FringeBacker Events recently provided technology for some of the biggest and most important international events in Hong Kong, such as the Standard Chartered Hong Kong Marathon, which began in 2019, the 2023 Bank of China (Hong Kong) Hong Kong-Zhuhai-Macao Bridge (Hong Kong Section) Half Marathon, and the 2023 Sun Hung Kai Properties Hong Kong Cycle Festival organized by the Hong Kong Tourism Board. We are proud to provide powerful and highly secure advanced white label services, ensuring continued market differentiation. These large-scale events often involve tens of thousands or even hundreds of thousands of participants and interactions, and require extensive technical and project management expertise, strict security and privacy measures, unique fintech payment solutions, and unrivaled reputation guarantees. We are also speeding up the integration of FringeBacker Events' SaaS services, virtual reality (VR), and augmented reality (AR). The integration covers full management, operations, reporting, payments, and engagement to provide a seamless and immersive experience for our customers. Furthermore, we are committed to further strengthening data-driven and artificial intelligence management aspects of major international events, including marathons, trade shows, ticket events, and technology-driven payment services. This policy is in line with our commitment to use cutting-edge technology to improve the efficiency and innovation of event management around the world. Revitalize enterprise business practices in the new digital age: leading mobile enterprise applications that meet the need for work interaction outside the office. Our TeamTech subsidiary has established strong market-strategic partnerships for TeamSoft mobile enterprise applications to meet the changing needs of enterprise employees accustomed to working outside the office. With our knowledge in the vertical field of the industry, TeamSoft has successfully developed and operated an enterprise-grade SaaS mobile enterprise resource platform. These platforms enable client companies to effectively manage and operate their businesses in the new digital age, and remote work interactions have become an integral part of everyday business life. To expand market coverage, TeamSoft strives to enhance industry-specific functions and products, with a particular focus on small and medium-sized enterprises, and actively expands its distribution network. Continued expansion and development in the UK/EU and beyond. In addition to focusing on Asian markets other than Hong Kong, we are also seeing huge growth potential in the UK and the European Union. We are therefore committed to expanding our strategic base in the UK to advance initiatives in these regions. Our goal is to build on the momentum established in Hong Kong and other Asian markets, and take advantage of the growing popularity of digital technology in the UK and EU markets to further develop and grow. This strategic initiative allows us to fully seize the tremendous opportunities offered by these regions, thereby driving us to continue expanding our global footprint. Establish strategic alliances and business partnerships to expand virtual/hybrid conferencing and mobile marketing solutions. Building on existing strategic alliances and market collaborations, we are determined to drive further growth through new business partnership relationships. Our focus covers virtual and hybrid conferences, exhibitions and events, as well as mobile marketing within the Hong Kong market and international markets. This strategic expansion enhances our capabilities and business in these dynamic fields, enabling us to continue to achieve success and increase our market influence. Affirm and confirm our commitment to our customers Our corporate clients addressed the economic impact of geopolitical tensions, supply chain disruptions, rising inflation, and interest rate increases throughout the review period in a rapidly changing and uncertain global environment. In this dynamic environment, we play a critical role in both the upward and downward cycles, and are committed to helping our customers meet their challenges. Our expertise is to facilitate their digital transformation to the cloud and accelerate adoption of new business models by integrating leading technology. With rich multi-disciplinary business and technology experience, as well as a deep understanding of vertical fields in multiple industries, we will continue to be committed to serving our customers, continuously strengthening and deepening our relationships through enduring partnerships, cultivating trust, and continuing to provide excellent value.