AGTech was incorporated in Bermuda and its Shares are listed on GEM (Stock Code: 8279). The Company is also included as a constituent stock in the MSCI World Micro Cap Index. As a banking and comprehensive digital financial technology group, AGTech’s core business covers banking services, electronic payment services, local consumer services, lottery business and payment-related hardware supply.
AGTech’s businesses are broadly divided into five principal categories:
(i) Banking services:
(a) digital banking services for individuals and SMEs (including deposits, loans, transfers and cross-border remittances, cross-border e-commerce/supply chain financing, wealth management, etc.);
(b) internet securities investment services;
(c) insurance agency services;
(ii) Electronic payment services:
(a) payment card services and ancillary services;
(b) e-wallet services;
(c) acquiring services for merchants;
(iii) Local consumer services: lifestyle, games and entertainment, marketing technical services and e-commerce;
(iv) Lottery:
(a) lottery hardware sales;
(b) lottery distribution through physical channels and ancillary services;
(v) Payment-related hardware supply (including sales and leasing).
As a member of the Alibaba Group, the Group is the exclusive lottery platform of Alibaba Group and Ant Group. AGTech is an associate member of the World Lottery Association (WLA) and the Asia Pacific Lottery Association (APLA).
AGTech is committed to evolving its businesses, with an aim to become a global leading group in banking and integrated digital financial technologies, providing worldwide customers with diversified services including banking services, electronic payment services, local consumer services, lottery and payment-related hardware supply to cater for the needs of different markets.
Building on the past experiences in collaborating with several online or mobile shopping and payment platforms, the Group will strive to integrate its core competencies into its electronic payment services and local consumer services businesses in Macau and a broader territory, with a view to not only popularise mobile payment, but also facilitate the construction of smart cities by broadening its business coverage in complementary sectors including but not limited to banking, e-commerce, lifestyle, entertainment and advertising or marketing technical services.
The Group is further expanding its business into the field of banking services, with an aim to create synergies with the Group’s existing lifestyle, culture and entertainment and e-commerce businesses by utilising the resources of the ecosystems in the Alibaba Group, connecting scenarios and resources of the ecosystem with payment plus inclusive finance to meet the consumption and financing needs of residents and SMEs and to support the digitization of financial services.
Looking forward, AGTech will continue to expand its business and deepen service scenarios to fulfill the increasingly diversified needs of users from the Greater Bay Area and around the world. We dedicate ourselves to becoming the link between the present and the future, tradition and innovation, as well as local and global communities, and to commencing a new chapter in financial services.