China Vanguard's Bozone Group is currently ranked as the 3rd largest lottery solutions and transaction system related services provider to the Welfare Lottery in China. Bozone Group provides services to the Welfare Lottery centres of Heilongjiang, Zhejiang and Shenzhen. These jurisdictions boast over 13,000 point of sales machines ("POS Machines"). Bozone Group's suite of services include: software development, integration of network systems, network security solutions, lottery operation solutions and services, and research and development into and the supply and maintenance of POS machines.
Bozone Group has the knowledge, experience and expertise to provide a one-stop services solution to Welfare Lottery centres in China. The Welfare Lottery has grown rapidly since its inception in 1987. The revenue of the Welfare Lottery has grown at a CAGR of about 30% over the past 10 years. The strong growth of China lottery industry provides a very positive backdrop for growth in demand of Bozone Group's products and services.
|