Icon Media Holdings Inc (ICNM)

[Ribo]

https://www.vite.asia/investment

INVESTMENT THESIS
An Overview to Vite

A Digital Network and Service Platform
via Eastwin8 – Vite.asia + Kuora + 3DPrinttek
VITE platform is the enabler of B2B eCommerce

Eastwin8, a 100% subsidiary owned by ICNM, is currently developing a digital network and service platform that connects customers to the service providers – the Vite.asia platform. The system will be rolling out firstly in the Southeast Asia region to tap on the fast-growing digital business to business (B2B) market, and to be followed by other regions of the world. With integration of eCommerce, logistics and professional services in a single platform, Vite.asia will provide a seamless process for companies to transform their businesses digitally.

VITE ecommerce platform focuses on facilitating transactions between businesses, such as wholesalers, manufacturers, distributors, and retailers. The platform offers features and functionalities tailored to the specific needs of B2B transactions such as catalogue management, inventory, integration to ERP systems, digital payment.

VITE professional services such as Insurance and Legal Services provide convenient add on to facilitate the business transactions on the platform. VITE provides integration services to supply chain management and logistics partners to support fulfilment of business transactions. By integrating logistics and supply chain management capabilities, VITE B2B platform helps businesses streamline their operations, reduce manual effort, and enhance overall efficiency.

VITE credit facilities can be offered based on buyers’ profiles and credit ratings. With direct integration of micro finance facilities, small merchants could tap on the service to facilitate business transactions on the platform.

The digital B2B market in Southeast Asia is rapidly growing, driven by factors such as the increasing adoption of e-commerce, micro-financing, the rise of the middle class, and the

the growing importance of the region as a global manufacturing hub.


VITE platform will be the key underlying technology to grow the professional service in heavy industries through Kuora

The acquisition of Kuora Inc, (China), one of the largest professional service platforms for heavy industries in China, provides a comprehensive platform technology and business integration. The underlying technology in VITE platform with eCommerce integration of logistics and supply chain, will be able to expand Kuora offerings to its more than 100,000 users in the procurement of industrial equipment and parts to support the customers, in addition to Kuora’s engineering solutions platform.

Kuora, established in 2018, develops and operates one of the most advanced industrial technology service platforms in China. It has been awarded to the national high-tech software enterprise and software product enterprise with eighteen copyrights and ownership of 4 trademarks. There are more than 100,000 industrial technical users and 1,000 technical experts registered on the platform.

Kuora has generated more than 9 million USD in revenue in the year 2022 and is expecting to grow more than 200 million USD in revenue in 5 years.


VITE platform supports rapid building in construction industry through 3D PRINTTEK

Eastwin8 is growing the verticals in products and services markets through the VITE platform. With the Letter of Intent entered with 3D PRINTTEK, a startup company specializing in rapid construction using 3d printing technology, VITE will be the platform of choice to support the transactions and distribution of the related hardware, parts, and materials for construction industry. The products supply chain and services will be supported by the logistics partners on the VITE platform. VITE leasing and insurance service partners could offer the financial services needed to facilitate business transactions. 3D Printtek’s parentage has been in the R&D for new materials and 3D printer design, with registered patents in new materials developments and production.

3D PRINTTEK is a private limited liability company incorporated in Singapore. The business is in the area of 3D printing for the construction industry and its related products and activities. 3D PRINTTEK specializes in developing 3D printers that have a print area from 3x3x3 to 12x20x8 meters and can work around the clock. The 3D printers manufactured are used to fabricate a non-structural frame for walls and foundation slabs. The printer is operated by a two-person shift – a printer operator and a mixture preparation specialist. The construction of the building box, according to our adapted project, is carried out at a speed of more than 500 mm per day. Our printers are adjustable in terms of size as they have a modular design and are customizable to increase the print area. Our printers can prepare the site for printing “from the ground”. This is used for printing foundation forms and minimizes foundation work needed. 3D PRINTTEK provides all the necessary equipment needed to use our printers in construction. Moreover, we also provide after-sales services, training and consultation services to clients, by helping them to create the designs and engineering drawings for complete projects.