AGBA: The number one wealth and health group in Greater Bay Area, China

Financials

AGBA: The number one wealth and health group in Greater Bay Area, China

Nasdaq-listed AGBA Group is a one-stop financial services company that offers over 1,800 health and wealth products through its proprietary platform, ‘OnePlatform’. Through OnePlatform, AGBA provides financial services to, and enhances the operational efficiency of, advisers, brokers and financial institutions.

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AGBA offers the broadest set of wealth and health products in the Guangdong-Hong Kong-Macao Greater Bay Area (GBA). The group aims to provide opportunities to grow and protect income over its customers’ lifetimes and deliver additional financial security to what the state currently provides. The GBA is a key megaregion of the world economy. With 86 million people and 11 major cities, including Guangzhou and Shenzhen, as well as Hong Kong and Macao, the GBA’s estimated GDP was US$2tn in 2021.

In this interview, we hear from Wing-Fai Ng, AGBA’s group president, Almond Wong, the group’s chief operating officer, and Jeroen Nieuwkoop, the group’s chief strategy officer, as they shed light on subjects including:

1. Key highlights of Q1 results.
2. The main drivers behind high sales growth.
3. AGBA’s strategy to remain competitive against major insurance houses such as AIA and China Life Insurance.
4. Investor engagement and interest.
5. The latest updates on the share repurchase programme.
6. What to expect from AGBA this year.

IMPORTANT DISCLOSURES

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Edison is engaged by the Company on a paid basis for investor relations services and this communication relates to those services. In connection with its investor relations engagement by the Company, Edison’s standard fees are $20,000 per month. Additional compensation may have accrued since the publication of this notice.

In addition, Edison is engaged by the Company to separately provide investment research coverage of its stock. In connection with its investment research coverage, Edison’s standard fees are £60,000 pa. Additional compensation may have accrued since the publication of this notice. No compensation relating to Edison’s investment research coverage is in any way contingent upon any positive opinions or conclusions in its research reports.

Edison’s investor relations services are independent of its research services, although Edison’s investor relations activities may utilize published Edison research as a source, among others, in connection with its activities. Edison’s investor relations and investment research personnel regularly, but separately, interact with the Company. All source materials relating to any investor relations materials of Edison should be considered to be directly attributable to information provided to Edison by the Company or the third-party sources noted in the communication. While third-party information used in the publication of Edison’s communications is typically compiled from publicly available sources that are believed to be accurate, complete and reliable, Edison does not guarantee the accuracy or completeness of information contained therein, and typically does not independently verify such information.

NOTE THAT ALL INVESTMENTS ARE SUBJECT TO INHERENT RISK AND ANY INVESTMENT IN THE COMPANY IS SUBJECT TO SIGNIFICANT RISKS THAT SHOULD BE ASSESSED BY ANY INVESTOR AND THEIR ADVISORS. PLEASE CLOSELY REVIEW THE COMPANY’S AVAILABLE PUBLIC DISCLOSURES, INCLUDING RISK FACTORS FOR SPECIFIC CONSIDERATION, WHICH ARE AVAILABLE THROUGH THE COMPANY’S INVESTOR RELATIONS WEBSITE, LINKED ABOVE.

This communication may include forward-looking statements that are subject to risks and uncertainties. Factors that could cause a company’s actual results and financial condition to differ from expectations include, without limitation: political uncertainty, changes in general economic conditions that adversely affect the level of demand for the company’s products or services, changes in international and domestic financial markets and in the competitive environment, and other factors relating to the foregoing. All forward-looking statements relating to this communication are qualified in their entirety by this cautionary statement.

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