Printed: Oct. 26, 2021 at 8:30 AM EDT|Up to date: 56 minutes in the past

BEIJING, Oct. 26, 2021 /PRNewswire/ — AGM Group Holdings Inc. (“AGMH” or the “Firm”) (NASDAQ: AGMH), an built-in know-how firm specializing in offering fintech software program providers and producing high-performance {hardware} and computing gear, at present introduced it has entered right into a strategic partnership with Meten Holding Group Ltd. (“Meten”) (NASDAQ: METX).

The partnership will primarily give attention to analysis and improvement help for blockchain functions, and in establishing a provide chain for cryptocurrency mining. The settlement consists of an preliminary order from Meten for 1,500 Bitcoin mining machines value US$12 million.  Meten additionally has an choice to buy extra machines.

AGMH by way of its strategic partnership with HighSharp (Shenzhen Gaorui) Digital Know-how Co., Ltd (“HighSharp”) has constructed a cutting-edge R&D functionality with engineers who’re consultants in blockchain and associated applied sciences, which can also be the key motive why Meten selected to associate with AGMH.

Mr. Chenjun Li, Co-Chief Govt Officer of AGMH, commented, “We’re delighted to associate with Meten to additional develop a blockchain ecosystem that integrates know-how, merchandise, gross sales and repair.  Constructing on our lately introduced AGMH-HighSharp partnership, we see rising demand for our high-performance mining {hardware} and associated computing gear.  These partnerships additional validate our place within the cryptocurrency mining world.  Trying forward, we’re optimistic in our potential to assist mining purchasers to reinforce their computing energy, enabling their success within the quickly rising cryptocurrency business whereas producing worth for our shareholders.”

Mr. Jason Zhao, Co-Founder and Govt Director of Meten, mentioned: “We’re thrilled to be working with AGMH.  With respective strengths, we imagine our partnership will additional unlock the complete potential of the blockchain and cryptocurrency enterprise, placing each of us on the most effective path to success.”

About AGM Group Holdings Inc.

Integrated in April 2015 and headquartered in Beijing, China, AGM Group Holdings Inc. (NASDAQ: AGMH) is an built-in know-how firm specializing in offering fintech software program providers and producing high-performance {hardware} and computing gear. AGMH’s mission is to change into one of many key contributors and contributors within the international fintech and blockchain ecosystem. For extra info, please go to www.agmprime.com.

About Meten Holding Group Inc.

Meten Holding Group Ltd., previously referred to as Meten EdtechX Schooling Group Ltd., is likely one of the main omnichannel English language coaching (“ELT”) service suppliers in China, delivering English language and abilities coaching for Chinese language college students and professionals. Along with strengthening its place within the ELT service business in China, Meten actively explores the blockchain and cryptocurrency mining enterprise outdoors China, with a long-term aim of making worth throughout the cryptocurrency business. Meten expects to have interaction in companies associated to blockchain and metaverse in North America and different international locations and areas world wide (not together with China), together with cryptocurrency mining, mining farm building, and mining pool and knowledge middle operation. The Firm is dedicated to strengthen its aggressive place within the business and to be a number one know-how pushed blockchain and metaverse firm.

For extra info, please go to: https://investor.metenedu-edtechx.com.

Ahead Trying Statements

This information launch incorporates “forward-looking statements” throughout the which means of Part 27A of the Securities Act of 1933, as amended, and Part 21E of the Securities Trade Act of 1934, as amended, and as outlined within the U.S. Personal Securities Litigation Reform Act of 1995. These forward-looking statements will be recognized by terminology comparable to “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and related statements. All statements apart from statements of historic reality on this press launch are forward-looking statements and contain sure dangers and uncertainties that would trigger precise outcomes to vary materially from these within the forward-looking statements. These forward-looking statements are based mostly on administration’s present expectations, assumptions, estimates and projections concerning the Firm and the business by which the Firm operates, however contain a variety of unknown dangers and uncertainties, Additional info relating to these and different dangers is included within the Firm’s filings with the U.S. Securities and Trade Fee. The Firm undertakes no obligation to replace forward-looking statements to replicate subsequent occurring occasions or circumstances, or modifications in its expectations, besides as could also be required by legislation. Though the Firm believes that the expectations expressed in these forward-looking statements are cheap, it can’t guarantee you that such expectations will develop into right, and precise outcomes might differ materially from the anticipated outcomes. You’re urged to think about these components rigorously in evaluating the forward-looking statements contained herein and are cautioned to not place undue reliance on such forward-looking statements, that are certified of their entirety by these cautionary statements.

For extra info, please contact:

In China:

On the Firm:
Electronic mail: ir@agmprime.com

The Blueshirt Group
Ms. Feifei Shen
Cellphone: +86 13466566136
Electronic mail: feifei@blueshirtgroup.com

The Blueshirt Group
Ms. Suwen Feng
Cellphone: +86 139-1711-0134
Electronic mail: suwen@blueshirtgroup.com

In the United States:

The Blueshirt Group
Ms. Julia Qian
Cellphone: +1 973-619-3227
Electronic mail: Julia@blueshirtgroup.com

View authentic content material:

SOURCE AGM Group Holdings Inc.

The above press launch was supplied courtesy of PRNewswire. The views, opinions and statements within the press launch will not be endorsed by Grey Media Group nor do they essentially state or replicate these of Grey Media Group, Inc.



Source link

YOU MAY ALSO LIKE

Leave a Reply

Your email address will not be published.