Agape ATP Corp

Agape ATP Corporation

Legal form and scope

• Nevada corporation, incorporated June 1, 2016.
• Operates through multiple subsidiaries and an associated VIE structure.
• Primary activities: health and wellness product distribution and advisory services; expanding into renewable energy and digital wellness platforms.

Core business areas

• Distribution and advisory services for health and wellness products in Malaysia, with regional reach through subsidiaries.
• Renewable energy initiatives via Green Energy/AGE, including solar power and energy-efficiency solutions.
• Development of a digital wellness platform (ATPC Tech in China) to support e-commerce, online consultations, chronic disease management, and supply chain services for the ASEAN market.
• Delivery of wellness programs and complementary therapies (ATP Zeta Health Program, E.A.T.S., DSY Wellness).

Financial highlights

• Revenue for the year ended December 31, 2025: approximately USD 1.5 million (up from approximately USD 1.3 million in 2024; ~15.2% year over year).
• Gross profit for 2025: approximately USD 0.8 million (up from USD 0.7 million in 2024; ~10.4% increase).

Customers and distribution

• As of December 31, 2025:
  • Members: 56,465
  • Distributors: 72,201
  • Total customers (members + distributors): 128,666
• Membership and distributor model:
  • Lifetime membership available for a one-time fee with product discounts.
  • Members may be promoted to distributors by meeting recruitment and sales targets.
  • Distributors earn direct profit from product sales and bonuses based on network performance.
  • Top distributors may operate physical stores as stockists, with centralized inventory tracking and return/exchange options.

Employees

• As of December 31, 2025: 18 employees (excluding directors).
• Functional breakdown:
  • Senior Management: 5
  • Business Development: 2
  • Finance: 3
  • Human Resources: 2
  • Operations: 5
  • Technology Infrastructure: 1

Geographic and organizational footprint

• Key subsidiaries and entities:
  • Agape Labuan (Labuan, Malaysia) — 100% owned; investment holding.
  • ATP International Holding Limited (Hong Kong) — 100% owned; wholesale of health and wellness products and health-solution advisory services.
  • Agape Superior Living Sdn. Bhd. (ASL) — Malaysia — 99.99% owned; network marketing of health and wellness products and advisory services (ATP Zeta Health Program and E.A.T.S).
  • Cedar ATPC Sdn. Bhd. (formerly Wellness ATP International Holdings Sdn. Bhd.) — Malaysia — 100% owned; wellness program services and product distribution.
  • DSY Wellness International Sdn. Bhd. — Malaysia — 60% owned; complementary health therapies.
  • Green Energy Sdn. Bhd. (AGE; formerly OIE ATPC Holdings (M) Sdn. Bhd.) — Malaysia — 100% owned; renewable energy, solar, and energy-efficiency solutions.
  • ATPC Exim (M) Sdn. Bhd. — Malaysia — 100% owned; previously contemplated but not pursued.
  • ATPC China (ATPC Technology Private Limited) — China — 100% owned (incorporated December 25, 2024); digital wellness platform development.
  • ATPC Tech (China) — wholly owned by AATP HK; development of a comprehensive digital wellness platform for the ASEAN market.
  • SEA (Agape S.E.A. Sdn. Bhd.) — VIE; part of the consolidated group structure related to SEA operations (no material purchase in 2025).
• Ownership update:
  • OIE ATPC Holdings (M) Sdn. Bhd. was formed January 3, 2024, as a 50/50 equity-method investment with Oriental Industries Enterprise (M) Sdn. Bhd. On March 14, 2024, the Company acquired the remaining 50% to make AGE a wholly owned subsidiary.

Intellectual property and branding

• Five registered trademarks in Malaysia.
• Domain names: agapeatpgroup.com and atpc.com.my.

Products and services

• ATP Zeta Health Program: focuses on cellular energy (ATP) supplementation, nutrition, and advisor support.
• E.A.T.S. (Easy and Tasty Series): nutritious lifestyle products for convenient healthy living.
• DSY Wellness: complementary health therapies informed by health screening and product therapies.
• Cedar (formerly Wellness ATP International/WATP): wellness and skin/healthcare products plus customer training.
• AGE: solar energy solutions and energy savings services.
• ATPC Tech: digital wellness platform with e-commerce, online consultations, chronic disease management, and supply chain services targeting ASEAN.

Operations and controls

• Central warehouse in Kuala Lumpur, Malaysia; inventory management supports up to approximately six months’ supply per product.
• Distributor stockists operate physical stores with centralized stock-tracking oversight and return/exchange options for unsold inventory.
• The company uses third-party logistics providers.

Regulation and compliance

• Products sold in Malaysia require approvals from the Food Safety and Quality Division, Ministry of Health (Health Food category); samples are tested prior to inventory replenishment.
• The regulatory environment may change; the group has identified risks from changes in regulations and import/export controls.

Capital structure and fundraising

• February 5, 2025: stockholders approved increasing authorized common stock from 50,000,000 to 500,000,000 and authorized a private placement of 46,000,000 shares at USD 0.50 per share.
• February 28, 2025: Private Placement closed with 46,000,000 shares issued; total common shares outstanding increased from 4,005,381 to approximately 50,005,381.
• Nasdaq communications (January–February 2026): Company was notified of non-compliance with minimum bid price and potential delisting; a hearing was requested.

Risk factors and concentrations

• Concentration of suppliers: three major suppliers accounted for a large portion of purchases in 2025 (USD 365,840; USD 133,406; USD 73,163), representing approximately 55.6%, 20.3%, and 11.1% of total purchases, respectively.
• Other identified risks: regulatory change, competition, product acceptance, currency fluctuations, and public-market listing pressures.
• The company does not carry Key Man insurance for the CEO and depends on founder/CEO How Kok Choong for leadership.

Business summary

Agape ATP Corporation supplies health and wellness products and provides advisory services in Malaysia through a network-marketing distribution model. The company is expanding into renewable energy via AGE and developing a China-based digital wellness platform (ATPC Tech) to serve the ASEAN market. Growth priorities include expanding the distributor and member network, operating a centralized e-commerce and trading platform, launching new wellness programs, and integrating sustainability and digital health initiatives.