The Group is one of the leading suppliers of lottery terminals in China, primarily providing sports lottery hardware that has been deployed across most provinces, municipalities, autonomous regions and directly governed cities in China. We maintain a strong focus on research and development to expand and upgrade our product range while developing new hardware series, and will continue to participate in bidding for lottery and other hardware supply markets.
The Group currently distributes lottery products (including lotto-type lottery, prediction-based sports lottery and instant scratch tickets) by expanding its physical lottery sales channels in the Chinese Mainland, focusing on small and micro retail outlets.
Additionally, the Group has operated its dedicated lottery resources channel on Alipay. While this lottery resources channel has not conducted any internet lottery sales, it serves as a one-stop platform for many lottery-related services and resources, providing online users in China with an easy access to information and resources that address various lottery needs. Through this lottery resources channel, the Group hopes to build on its online presence and maximise the value of its business partnership with Alibaba Group and Ant Group, in addition to preparation for any potential policy approval and authorization of online distribution of lottery products in the future.