• A **Twilio** for enterprise mobile messaging and data insights in China.
• A **Teladoc** or **Amwell** for mobile chronic disease management in China.

• Mobile Telecommunications Services: Facilitates mobile data and airtime top-ups, along with enterprise SMS and content services for subscribers and businesses in China.
• Big Data and Healthcare Solutions: Provides predictive data analytics, primarily through its Sapientus platform, to offer insights for disease prevention and early detection within the healthcare sector.

FingerMotion (FNGR) primarily sells its services to other companies (B2B) in China, rather than directly to individuals. The company refers to its clientele as "enterprise customers" in its public filings.

While FingerMotion acknowledges customer concentration, with a few large customers accounting for a significant portion of its revenue, it does not publicly name its specific major customers in its SEC filings (such as 10-K reports). This is common practice for many B2B companies due to confidentiality agreements.

Based on the services FingerMotion provides, which include mobile messaging (SMS/MMS), mobile payment solutions (fintech), and big data insights, its enterprise customers would typically fall into the following categories:

• Telecommunications Carriers: Companies such as China Mobile, China Unicom, and China Telecom, with whom FingerMotion partners to deliver SMS and MMS services to their vast subscriber bases.
• Financial Institutions: Banks, insurance companies, and other fintech firms that utilize FingerMotion's mobile payment and wealth management solutions to serve their customers.
• E-commerce and Internet Companies: Businesses that leverage FingerMotion's platforms for customer engagement through messaging, promotional campaigns, and data analytics to understand user behavior and optimize operations.

• China Mobile Ltd. (HKG: 0941)
• China Unicom (Hong Kong) Limited (HKG: 0762)
• China Telecom Corporation Limited (HKG: 0728)

Martin J. Shen, Chief Executive Officer, President, and Director

Martin J. Shen possesses nearly 15 years of experience in senior management roles within entrepreneurial startups and large multinational corporations, where he gained extensive expertise in corporate management, financial oversight, and operational administration. He has served as the Chief Executive Officer of FingerMotion, Inc. since December 1, 2018. Before joining FingerMotion, he held positions as Chief Operating Officer and Chief Financial Officer at Wales and Son Industrial (later known as Weir Minerals), a company focused on providing mining slurry equipment solutions globally. In these roles, Mr. Shen was responsible for directing all financial and internal operational activities, including the preparation of financial statements, tax filings, banking arrangements, executive compensation, and share purchase agreements.

Lee Yew Hon, Chief Financial Officer, Secretary, and Treasurer

Lee Yew Hon served as the Chief Financial Officer for Cubinet Interactive Group of Companies from 2006 until November 2020 and was a key figure in the establishment of an online game publishing company. During his tenure, he played a crucial role in leading Cubinet and assembling teams across Southeast Asia, where he developed all financial processes efficiently. In 2011, Mr. Lee took on the additional responsibility of Chief Operating Officer at Cubinet, spearheading the company's expansion into new regions such as Europe, the Middle East, and Russia, and forging new strategic alliances. Prior to Cubinet, he was employed by Trisilco IT Sdn Bhd, an IT firm specializing in regulatory reporting and compliance for the financial sector. He started as Finance Manager in 2001, overseeing finance and HR functions, and by 2005, he became General Manager, managing all operations including finance, HR, sales, and operations.

Li Li, General Manager

Ms. Li Li holds a degree from Nanjing Academy of Engineering. In 2007, she was the Vice President of Hangzhou JiuYue Information Technology Co., Ltd., where she focused on the development of SP services, including IVR (Wireless Voice Value-Added Services), voice mail, electronic data exchange, and online data processing. She subsequently served as Vice President of Hangzhou LingXuan Information Technology Co., Ltd. in 2009. More recently, in 2017, Ms. Li Li took on the role of Advisor to Shenzhen WuYiKa Technology Co., Ltd., a comprehensive service platform utilizing carrier traffic for digital online service distribution and payment, which has become a provider of new media marketing solutions for the mobile internet.

Strict and evolving enforcement of China's Personal Information Protection Law (PIPL), which could significantly impact FingerMotion's ability to collect, process, and utilize mobile data for its "Big Data" services, leading to potential compliance costs, restrictions on data operations, or fines.

FingerMotion (symbol: FNGR) operates primarily in China, offering a range of mobile and data-related services. The addressable markets for their main products and services in China are as follows:

• Telecommunications Products and Services (Mobile Payment and Recharge, Data Plans, Mobile Phones, Loyalty Points Redemption, Subscription Plans): The addressable market for the Mobile Telecommunications industry in China is projected to be approximately $168.2 billion in 2025.
• Big Data Insights (Sapientus Platform / Big Data Analytics): The China data analytics market is expected to reach approximately $42.02 billion by 2030. Separately, the China Big Data Technology Investment Opportunities Market is projected to reach approximately $95.6 billion by 2031. The China Big Data Analytics Market Size was estimated at $7.94 billion in 2023 and is expected to grow to $30 billion by 2035.
• Rich Communication Services (RCS) Platform: null (While a specific market size for RCS in China is not readily available, it falls within the broader mobile application and telecommunications markets. The mobile application market in China is expected to reach approximately $89.62 billion by 2030, and the China Mobile Application Market is expected to grow to $98 billion by 2035.)
• SMS & MMS Services: The SMS market in the telecommunications industry in China was approximately $6.31 billion in 2023, based on 1,869 billion SMS sent.

Expected Drivers of Future Revenue Growth for FingerMotion (FNGR) over the Next 2-3 Years:

1. Growth and Expansion of New Platforms and Services: FingerMotion anticipates revenue growth from the continued development and monetization of its new platforms, specifically the DaGe and C2 Platforms, which have already generated initial revenues. Additionally, the company is focused on launching new products such as a mobile device protection plan, similar to AppleCare, targeted at the Chinese market, which is expected to be competitive.
2. Expansion of AI and Big Data Solutions (Sapientus Platform): The company's Sapientus AI and Big Data division is a significant driver, with FingerMotion strengthening business development efforts in Southeast Asia. Sapientus offers AI-powered data analytics platforms for customer acquisition, risk scoring, product personalization, and collaboration between telecommunications and insurance companies, aiming to leverage advanced analytics for new monetization avenues.
3. Continued Growth in Core Telecommunications Products & Services: The Telecommunications Products & Services segment remains a cornerstone of FingerMotion's operations in China and has shown consistent growth. The company's vision includes rapidly growing its user base in China organically and eventually expanding this model to other regional markets, creating an ecosystem of highly engaged users.
4. Strategic Partnerships and Market Expansion in Specialized Verticals: FingerMotion has embarked on strategic collaborations, such as with Zhejiang Jincheng Automotive, to jointly develop and market a new line of emergency response vehicles. This initiative leverages FingerMotion's advanced Mobile Integrated Command and Communication Platform to enhance public safety services and expand market reach, initially in Zhejiang Province with plans for broader national deployment.
5. Sustained Growth in the SMS & MMS Business: The SMS & MMS business segment demonstrated significant growth of 206% in FY2025, contributing substantially to the company's revenue. This momentum is expected to continue driving future revenue.

Share Issuance

• FingerMotion's outstanding shares significantly increased from 35.03 million in 2020 to 57.28 million in 2025.
• In fiscal year 2025 (ended February 28, 2025), the company issued 12,000,000 common shares as part of a Share Exchange Agreement, along with 600,000 shares to consultants and an additional 2,562,500 shares to accredited investors through a concurrent financing.
• In October 2025, FingerMotion entered into an "at-the-Market Issuance Sales Agreement" for a common stock offering of up to $50 million. The company also issued 4,000,000 common stock purchase warrants to a consultant for investor relations services.

Inbound Investments

• In October 2025, FingerMotion announced it expected to receive approximately $0.1002 million in funding by issuing 60,000 common shares at an issue price of $1.67 per share.
• In fiscal year 2025 (ended February 28, 2025), 2,562,500 shares were issued to accredited investors as part of a concurrent financing.