AGTech Wins Lottery Hardware Bids in Five Provinces of China

HONG KONG,June23,2020 --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("AGTech GOT") has won the sports lottery terminal procurement bidding projects successively in Anhui,Shanxi,Jilin,Hubei,and Guizhouof the People's Republic of China. Among them,traditional sales terminals for sports lotteryare provided for Jilin and Hubei,and Android terminals for sports lotteryare provided for Anhui,Shanxi and Guizhou.

The procurement of lottery terminals across the nation in the first four months of 2020 was basically at a standstill due to the epidemic,and has now resumed. AGTech GOT won in various provinces in succession inthe first batch of bidding projects,which consolidated AGTech's leading position in China's sports lottery terminal market,demonstrating the continued effort and competitiveness of AGTech's lottery terminals. AGTech will continue to enhance product innovation,ensure safety and R&D compliance,and 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 350 employees,AGTech is the exclusive lottery platform of Alibaba Group and Ant Group.

AGTech's businesses are broadly divided into two categories:

Lottery (including hardware,games and systems,provision of distribution and ancillary services); 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),and an official partner of the International Mind Sports Association (IMSA).

For more information,please visit www.agtech.com

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Tyler Zhang

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