Hui10

Hui10 Inc is a technology company based in Beijing, China, and incorporated in the Cayman Islands. The company focuses on transforming the lottery sector in China through its interests in two operating businesses. Hui10 holds a 33% share in Huishi Dehua, which is expanding the lottery market in China by offering digital payments and terrestrial transaction management platforms. Additionally, Hui10 owns a 60% stake in Lucky World, which provides licensed lottery shops with access to a broader range of fast-moving consumer goods, along with advanced payment and management tools.

Hui10 serves the lottery sector, targeting licensed lottery shops and aiming to increase adult participation rates in China, which currently stands at an estimated 10%. The company operates in the fast-growing Chinese lottery market, leveraging digital and omni-channel technologies to modernize and expand the sector.

Hui10's business model involves generating revenue through its stakes in Huishi Dehua and Lucky World, benefiting from the increased sales of lottery tickets and consumer goods facilitated by its technology platforms. By integrating digital payments and expanding product offerings, Hui10 aims to drive growth and increase revenues for government and welfare projects across China.

Keywords: lottery, digital payments, omni-channel, technology, China, Huishi Dehua, Lucky World, fast-moving consumer goods, management tools, market expansion.