- Business
- China Ecotourism Group Limited (1371.HK) is an investment holding company engaged in providing technology and operation services for lottery systems, terminal equipment, and game products; natural and health foods; and ecotourism, primarily in the People's Republic of China with overseas expansion in the Philippines and Ghana. The company offers core lottery products and services including computer-generated ticket core transaction systems and comprehensive information management systems, lottery betting terminals, scanners, and readers supplied to national welfare and sports lottery organizations across 19 provinces; video lottery terminal equipment; smart retail solutions encompassing intelligent terminals, storefront management, payment, marketing, and big data services; natural health foods such as bar-packed wheat protein powder, Yongzhentang honey gift boxes, and related products distributed via e-commerce platforms, private communities, and group leaders; and ecotourism operations managing national 4A-level scenic areas Wangwu Shan and Wulongkou in Jiyuan, Henan Province, featuring cultural tourism projects like the Golden Summit, night climbing sunrise activities, and international tourism festivals, alongside strategic partnerships for projects including Sanqing Mountain Xiaoyaogu with Jinlv Group. Incorporated in 2000 and headquartered at Unit 1801, 18th Floor, Landmark South, 39 Yip Kan Street, Wong Chuk Hang, Hong Kong, the company, formerly known as China LotSynergy Holdings Limited, changed its name in February 2021 to reflect its ecotourism focus. Recent developments include winning the sixth consecutive bid in May 2024 for the Guangdong Welfare Lottery computer-generated ticket sales management system maintenance and development project; securing sports lottery terminal projects in provinces such as Guizhou, Inner Mongolia, Shaanxi, and others; deploying over 12,000 lottery POS units in Ghana with 27.4% monthly sales growth and expanding product modes to mobile clients; launching new natural health food production lines and gift box products with strong initial sales; advancing Wangwu Shan 5A scenic spot creation and holding the third Wangwushan International Tourism Festival in 2024; entering a strategic cooperation with Jinlv Group in July for Sanqing Mountain Xiaoyaogu tourism project; and receiving Hong Kong High Court approval for a creditors' scheme in October 2025 amid ongoing debt restructuring efforts for convertible bonds.