AGM Group Holdings Inc. Announces First Significant Order of 30,000 Digital Currency Mining Machines

BEIJING, China, October 13, 2021 – AGM Staff Holdings Inc. (“AGMH” or the “Corporate”) (Nasdaq: AGMH), an built-in generation corporate that specialize in offering fintech device products and services and generating high-performance hardware and computing apparatus, lately introduced that it has gained a purchase order order (the “Order”) from Nowlit Answers Corp, a number one virtual foreign money apparatus provide chain products and services and consultancy corporate in North The usa with robust courting and useful resource throughout the Fintech and Blockchain ecosystems having equipped main international gamers together with Lake Parime USA Inc. and StrongHold Virtual Mining. Pursuant to the phrases of the Order, the Corporate shall ship 30,000 gadgets of 100 TH/S ASIC crypto miners with an mixture working hash energy of 3000 PH/S to Nowlit Answers throughout the fourth quarter of 2021.

Mr. Chenjun Li, Co-Leader Govt Officer of AGMH, commented, “We’re excited to announce this primary acquire order from Nowlit Answers, which is some other outstanding growth we had made for the reason that announcement of the corporate’s new expansion technique and the strategic partnership with HighSharp Digital Generation Co. The success of the order within the subsequent couple of months will boost up our finishing touch of the objective USD 100M of orders which is able to carry ahead the formation of the Joint Undertaking with HighSharp and our purpose to place the corporate as a leading edge participant within the subsequent era product analysis and building within the business. We sit up for cooperating with extra generation firms to snatch the giant trade alternatives from this dynamic and fast-growing business.”

Strategic Partnerships For Enlargement

AGM Staff Holdings is dedicated to hitting the $100 million gross sales mark within the subsequent six months. Nowlit, along with in the past introduced partnerships, will permit the corporate to succeed in $100 million in orders, a suite minimal threshold following the partnership with HighSharp.

AGM, in partnership with Nowlit and HighSharp, will produce main crypto miners for the business with best-in-class functionality. This may occasionally additionally permit AGM to make bigger its succeed in and faucet right into a broader miner marketplace.

About AGM Staff Holdings Inc.

Included in April 2015 and headquartered in Beijing, China, AGM Staff Holdings Inc. (NASDAQ: AGMH) is an built-in generation corporate that specialize in offering fintech device products and services and generating high-performance hardware and computing apparatus. AGMH’s project is to grow to be one of the crucial key individuals and individuals within the international fintech and blockchain ecosystem. For more info, please consult with www.agmprime.com.

Ahead-Having a look Statements

This information free up incorporates “forward-looking statements” throughout the which means of Phase 27A of the Securities Act of 1933, as amended, and Phase 21E of the Securities Change Act of 1934, as amended, and as outlined within the U.S. Personal Securities Litigation Reform Act of 1995. Those forward-looking statements will also be known through terminology akin to “will,” “expects,” “anticipates,” “long term,” “intends,” “plans,” “believes,” “estimates” and equivalent statements. All statements instead of statements of historic reality on this press free up are forward-looking statements and contain positive dangers and uncertainties that might reason precise effects to range materially from the ones within the forward-looking statements. Those forward-looking statements are according to control’s present expectancies, assumptions, estimates, and projections concerning the Corporate and the business by which the Corporate operates, however contain various unknown dangers and uncertainties, Additional knowledge referring to those and different dangers is integrated within the Corporate’s filings with the U.S. Securities and Change Fee. The Corporate undertakes no legal responsibility to replace forward-looking statements to replicate next going on occasions or cases, or adjustments in its expectancies, aside from as could also be required through regulation. Even if the Corporate believes that the expectancies expressed in those forward-looking statements are affordable, it can’t guarantee you that such expectancies will become proper, and precise effects might range materially from the expected effects. You might be prompt to imagine those components moderately in comparing the forward-looking statements contained herein and are cautioned to not position undue reliance on such forward-looking statements, which might be certified of their entirety through those cautionary statements.

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