About AGTECH HOLDINGS Company

Abo Technology was incorporated in Bermuda, and its shares are listed on GEM (stock code: 8279). Yabo Technology is a comprehensive technology and service company serving mainland China and Macau, focusing on electronic payment services, lottery services, local consumer services, and non-lottery hardware supply markets. As a member company of Alibaba Group, the Group is an exclusive lottery platform for Alibaba Group and Ant Group. ADP Technology is currently an affiliate member of the World Lottery Association (WLA) and the Asia Pacific Lottery Association (APLA). Yabo Technology's business is broadly divided into four major categories: (i) Electronic payment services: (a) Providing payment card services and ancillary services; (b) Providing e-wallet services; (c) Providing billing services to merchants; (ii) Lottery business: (a) lottery hardware sales; (b) Selling lottery tickets and ancillary services through physical channels; (iii) Local consumer service businesses: lifestyle services, gaming and entertainment, marketing technology services and e-commerce; and (iv) Non-lottery hardware supply business (including sales and leasing). Corporate Strategy and Goals Yabo Technology is committed to developing its business to become a comprehensive technology and service company providing electronic payment services, lottery services, local consumer services, and non-lottery hardware supply services to satisfy customers around the world. As the exclusive lottery platform of Alibaba Group and Ant Group, lottery technology and services will continue to be one of the main areas of expertise of Yabo Technology. With rich experience in the lottery industry and innovative technology, the Group will continue to support lottery organizations in physical channel expansion and innovative lottery hardware. Based on the Group's past experience in cooperating with multiple online or mobile shopping and payment platforms, the Group will strive to integrate its core competencies into its electronic payment services and local consumer service business in Macau, not only to enhance its business performance in Macau, but also to expand its business scope in complementary fields (including but not limited to e-commerce, lifestyle services, entertainment and advertising, or marketing technology services), and expand its business outside of Macau. The Group will continue to expand its hardware products to non-lottery hardware in the retail sector to expand the product range of its hardware supply business and provide better services to merchants in Macau. Looking forward to the future, Yabo Technology will strive to expand electronic payment services and local consumer services to cover more customers in China's Guangdong-Hong Kong-Macao Greater Bay Area and overseas countries.