January 09, 2020

PAX Global Technology Limited (“PAX", HKEX stock code: 00327.HK), one of the world’s leading electronic payment terminal solutions providers, is pleased to announce the Group has been awarded “The Best TMT Company” in the Golden Hong Kong Stocks Awards 2019, showing the investment value of the Group is highly recognized by the capital market.

The Golden Hong Kong Stock Awards 2019 is co-organized by ZhiTong CaiJing and Hithink Royal Flush Information. The winners were elected by a panel of experts based on criteria in terms of results performance, industry ranking, corporate governance, business model, market influence and capital market performance in the previous year, as well as by public voting. “The Best TMT Company” aims to commend the most promising TMT company with the fastest growth rate, great development potential and capital market attention in 2019. Meanwhile, the Group has also been awarded the “Best CFO” and “Best IR”.

Mr Jack Lu, CEO of PAX Global, said, “PAX Global is honoured to stand out among the many TMT listed companies and achieved “The Best TMT Company” award, indicating the Group's development potential has received widespread attention in the capital market. As one of the world's leading providers of innovative E-payment terminal solution, PAX’s solutions have been deployed to more than 100 countries around the world. The strong global presence has empowered the Group to take a leading position in the global market. Over the past five years, the Group’s overseas sales achieved strong growth with a CAGR of 54.3%. In the future, we will continue to focus on providing customers with innovative products and superior payment solutions, maintaining good communication with all stakeholders, bringing long-term and sustainable returns for investors."