AgiiPlus

About AgiiPlus

AgiiPlus Inc., founded in 2016, operates as a work solutions provider with a presence in China and Singapore. The company's establishment is credited to Dr. Jing Hu, who serves as the Chairman of the Board of Directors and Chief Executive Officer. Dr. Hu's extensive background in architecture and real estate, including a 15-year tenure at Greenland Holdings where he led numerous development projects, provides a foundation for AgiiPlus's real estate-focused service offerings. Co-founder Keming Chen also contributes significant real estate experience to the company's management. The firm's journey included a planned merger with Goldenbridge Acquisition, a special purpose acquisition company (SPAC), in 2021, which was later terminated. AgiiPlus is structured as a Cayman Islands holding company, with its primary operations conducted through its subsidiaries.

The core of AgiiPlus's business is its proprietary "S²aaS — Space & Software As A Solution" model, which integrates physical workspaces with technology-driven services. This model serves enterprise customers by providing a suite of integrated work solutions. The company's revenue is generated from three primary streams: workspace leasing and operations, renovation and smart building technology, and brokerage and enterprise services. Operations are conducted under several brand names, including "Distrii" for workspace leasing, "Spacii" for design and renovation solutions, and "Tangtang" for brokerage and enterprise services. The company utilizes an asset-light model, partnering with landlords to design, build, and manage workspaces, which allows for scalable expansion.

AgiiPlus offers a comprehensive platform that combines physical and digital services. This includes flexible and cost-effective workspace solutions in major business districts. Through its subsidiaries, the company provides customizable workspace renovations, smart building solutions, and high-quality flexible workspaces complemented by on-demand services. A key component of its digital offering is the Distrii app, a proprietary platform for members that provides seamless access to enterprise services beyond the physical office space. These services can range from administrative support to finance, legal, and human resources assistance, for which AgiiPlus charges a fee. By June 2023, the company managed a network of 52 workspaces across seven cities in China and Singapore.