RNS Number : 7940S
DJI Holdings PLC
29 September 2014
 



29 September 2014

  

DJI Holdings plc

 

DJI signs partnership to supply Xinhua for rapidly growing Chinese mobile lottery market

 

DJI Holdings plc (AIM: DJI, "DJI", the "Group"), a licensed and authorised provider of regulated lottery products in the Chinese lottery market, has been awarded the exclusive contract to supply Xinhuacai Technology Company ("Xinhuacai") with a technology platform and a comprehensive range of mobile lottery games and lottery services.

 

Xinhuacai is a subsidiary of Xinhuatong Software Development (Beijing) Company ("Xinhuatong Software"), a subsidiary of Xinhua News Agency, the official Chinese Government news and media authority.  Xinhuacai has the stated objective to become a leading provider and distributor of lottery products in China.  

 

Xinhuacai is focussed on exploiting the growing mobile lottery market which has benefitted from the rapid spread of smartphones throughout China.  Xinhuacai is seeking to secure appropriate licenses and approvals from the relevant lottery authorities and government departments throughout China.

 

Xinhuacai intends to provide a wide variety of new lottery products and games for both the Welfare and Sports Lotteries to be distributed through numerous sales channels.

 

Darren Mercer, Group Chief Executive of DJI, commented:

 

"We are delighted to be awarded the opportunity to be Xinhuacai's partner. 

 

"To be selected by one of China's most important institutions is both very exciting and we see this as a key strategic development for our Group.

 

"We believe that our technology platform, marketing expertise and tailored lottery games for both Welfare and Sports lotteries, along with Xinhua's position in China, will provide an ideal platform to capitalise on the rapidly expanding market for mobile lottery sales."

 

Mr. Dong Jinhua, Chairman of Xinhuacai, commented:

 

"We are delighted to be working with DJI.  They have the technical expertise and considerable experience in these markets.  We believe they will provide us with the best suite of games and an excellent technology platform to address the rapidly growing mobile lottery and games market."

 

Enquiries:

 

DJI Holdings plc 

+44 (0) 1565 872990

Darren Mercer, Group Chief Executive

Rodney Davis, Chief Financial Officer




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