Company Overview

Cultivating the Chinese Sports Market with a
Focus on Sports Lottery New Retail to Accelerate Growth

V1 Group began its expedition in the trillion Chinese sports market in 2010, which has given it a solid foundation as a prominent pioneer in the industry. It has accumulated over a decade of experience as a leading listed company in the lottery industry, which has led to the successful operation of Lottery 365, China's largest lottery mobile user terminal, and the China Soccer Lottery website. Altogether, these platforms have over 200 million users, which has, in turn, formed a vast user community and big data vault for the Group as a core competitive advantage.

Wholly owned by V1 Group, Crazy Sports is the creator of China's largest sports community and lottery e-commerce ecosystem. It holds a wide range of domestic intellectual properties, foreign intellectual properties and industry resources. Its business scope covers sports mobile games development and operation, sports information and video live-broadcast, the Crazy Recommendation online paid lottery information services platform, and the sports lottery new retail business, which is built upon a network of sports lottery terminals installed at renowned convenience store chains nation-wide. The Group acts swiftly and in concert with national lottery policies. It acted quickly, as permitted by the PRC government, to commence marketing and expansion of the online user base of the Shandong Sports Lottery Centre. It has also rapidly expanded its offline sports lottery sales terminal network. Through these actions, the Group has successfully built a new retail model that comprises exponential growth in online and offline user base, O2O user redirection and consumption through both channels, which, in turn, brings uplifting linear growth prospects to the Group.

Accompanied by the Group's businesses and investments in the digital, cultural and media sectors, including the development of its video new media business, cultural proliferation business, technology research institute and other financial investments, the Company's development strategy can fully utilise its all-rounded advantages to keep innovating and dedicate itself to the construction of a large-scale online-offline culture and sports ecosystem.

Looking forward, V1 Group will adhere to its country, market and shareholder-oriented principle. With strong technological capabilities, the Company will keep a steady and healthy growth and continue to mine the industry. It will continue to promote the widespread of sustainable development of the internet and sports industry, to read the world with a digital and innovative mindset, such that we can all live a better, more prolific and efficient life.