Epsium Enterprise Ltd (NASDAQ: EPSM)

Epsium Enterprise Limited is a holding company incorporated under the laws of the British Virgin Islands that conducts substantially all of its operations through its Macau subsidiary Luz which imports and wholesales premium alcoholic beverages mainly Chinese liquor cognac and whiskey serving the Macau market.

Epsium Enterprise Limited generates revenue primarily from the sale of alcoholic beverages including Chinese liquor such as Moutai French cognac and Scottish whiskey sold through its wholesale operations in Macau additionally the company earns income from consignment arrangements with hotel casinos where it supplies products that are sold to casino patrons.

Epsium Enterprise Limited holds a leading position in the Macau high end Chinese liquor wholesale market with Luz ranked as the number one wholesaler based on aggregate sales revenue for the period 2020 to 2022 capturing approximately thirty point seven percent of that segment.

The company benefits from the founder's over fifteen years of experience in alcoholic beverage distribution stable long term relationships with key suppliers and customers and mutually beneficial consignment arrangements with hotel casinos that provide value added services such as tasting events and product education.

Epsium Enterprise Limited serves a variety of customers in Macau including casino and hotel groups food and beverage distributors liquor stores supermarkets and other retailers with notable major customers such as Casino and Hotel Group A Food Product and Alcoholic Beverage Distributor D Liquor Store B Food Product and Alcoholic Beverage Distributor C Supermarket Chain A and Liquor Store A.