Alpha is a holding company incorporated in BVI which has no material operations of its own, and it currently conducts our business through its Operating Subsidiaries, Techlution and NSL. (Incorporated in the British Virgin Islands)

Our Operating Subsidiaries are cloud-based IT solution service providers in Hong Kong which utilize analytic skills, programming skills, artificial intelligence technologies and technological know-hows to provide comprehensive solutions designed to optimize business performance, meet various industry-specific operational challenges and create new business opportunities.

Those IT solution services can be categorized as follows:

*System development services: Our Operating Subsidiaries develop cloud-based and customized customer relationship management (“CRM”) systems and enterprise resource planning (“ERP”) systems to cater to the operational and business needs of our customers.

*Web and mobile application development services: Techlution leverages its technological knowledge to develop applications that assist users in carrying specified tasks, such as drafting, storing information, transferring documents, communication, tracking geographic locations, productivity management, status reporting, etc.

*Artificial intelligence powered optical character recognition (“AI-OCR”) services: NSL provides optical character recognition (“OCR”) services with self-developed artificial intelligence technology to extract printed texts and data from imported documents such as invoices, receipts, applications, forms and identification documents.

*Technological support and maintenance service and other services: Our Operating Subsidiaries provide maintenance and enhancement services for systems we built. Techlution provides three types of NFT-related services — creating NFT artwork, NFT marketplace and developing NFT-related games for customers. As of the date of this prospectus, we have not provided any other NFT-related ancillary services beyond the three above-mentioned services. Additionally, we have not owned or traded any NFT deliverables of our projects, and we do not develop or own any blockchain technologies. We currently do not have any plan to provide other NFT-related ancillary services in the future.

Our Operating Subsidiaries have a diversified customer base and our customers come from a variety of industries with different scale of operations, including consulting, real estate, architectural design, carpark management, electronic payment services, logistics, investments, retail, textiles, wholesale and distribution, etc.

We generate revenues primarily from our Operating Subsidiaries’ cloud-based IT solution services including (i) system development services; (ii) web and mobile application development services; and (iii) AI-OCR services.

***Note: Revenue and net loss figures are in U.S. dollars (converted from Hong Kong dollars) for the financial year that ended Sept. 30, 2022.

(Note: Alpha Technology Group Ltd. priced its micro-cap IPO on Oct. 30, 2023, at $4.00 – the low end of its $4.00-to-$5.00 price range – and sold 1.75 million shares – the number in the prospectus – to raise $7.0 million. Background: Alpha Technology Group Ltd. filed its F-1 dated July 17, 2023, and disclosed terms for its micro-cap IPO: 1.75 million shares at a price range of $4.00 to $5.00 to raise $7.87 million. The company submitted confidential IPO documents to the SEC on March 24, 2023.)