Printed: Oct. 26, 2021 at 8:30 AM EDT|Up to date: 28 minutes in the past
BEIJING, Oct. 26, 2021 /PRNewswire/ — AGM Group Holdings Inc. (“AGMH” or the “Firm”) (NASDAQ: AGMH), an built-in expertise firm specializing in offering fintech software program companies and producing high-performance {hardware} and computing tools, as we speak introduced it has entered right into a strategic partnership with Meten Holding Group Ltd. (“Meten”) (NASDAQ: METX).
The partnership will primarily deal with analysis and growth assist for blockchain functions, and in establishing a provide chain for cryptocurrency mining. The settlement contains an preliminary order from Meten for 1,500 Bitcoin mining machines price 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 specialists in blockchain and associated applied sciences, which can be the main motive why Meten selected to companion with AGMH.
Mr. Chenjun Li, Co-Chief Government Officer of AGMH, commented, “We’re delighted to companion with Meten to additional develop a blockchain ecosystem that integrates expertise, 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 tools. These partnerships additional validate our place within the cryptocurrency mining world. Trying forward, we’re optimistic in our skill to assist mining shoppers to reinforce their computing energy, enabling their success within the quickly rising cryptocurrency trade whereas producing worth for our shareholders.”
Mr. Jason Zhao, Co-Founder and Government Director of Meten, stated: “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 one of the best 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 expertise firm specializing in offering fintech software program companies and producing high-performance {hardware} and computing tools. AGMH’s mission is to change into one of many key individuals and contributors within the international fintech and blockchain ecosystem. For extra data, 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 without doubt one of the main omnichannel English language coaching (“ELT”) service suppliers in China, delivering English language and expertise coaching for Chinese language college students and professionals. Along with strengthening its place within the ELT service trade in China, Meten actively explores the blockchain and cryptocurrency mining enterprise outdoors China, with a long-term purpose of making worth throughout the cryptocurrency trade. Meten expects to have interaction in companies associated to blockchain and metaverse in North America and different international locations and areas around the globe (not together with China), together with cryptocurrency mining, mining farm building, and mining pool and knowledge heart operation. The Firm is dedicated to strengthen its aggressive place within the trade and to be a number one expertise pushed blockchain and metaverse firm.
For extra data, please go to: https://investor.metenedu-edtechx.com.
Ahead Trying Statements
This information launch accommodates “forward-looking statements” inside the that means of Part 27A of the Securities Act of 1933, as amended, and Part 21E of the Securities Change 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 corresponding to “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and related statements. All statements apart from statements of historic truth on this press launch are forward-looking statements and contain sure dangers and uncertainties that might trigger precise outcomes to vary materially from these within the forward-looking statements. These forward-looking statements are primarily based on administration’s present expectations, assumptions, estimates and projections concerning the Firm and the trade during which the Firm operates, however contain quite a lot of unknown dangers and uncertainties, Additional data concerning these and different dangers is included within the Firm’s filings with the U.S. Securities and Change 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 regulation. Though the Firm believes that the expectations expressed in these forward-looking statements are affordable, it can’t guarantee you that such expectations will develop into right, and precise outcomes could differ materially from the anticipated outcomes. You’re urged to contemplate these components fastidiously 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 data, please contact:
In China:
On the Firm:
Electronic mail: ir@agmprime.com
The Blueshirt Group
Ms. Feifei Shen
Telephone: +86 13466566136
Electronic mail: feifei@blueshirtgroup.com
The Blueshirt Group
Ms. Suwen Feng
Telephone: +86 139-1711-0134
Electronic mail: suwen@blueshirtgroup.com
In the United States:
The Blueshirt Group
Ms. Julia Qian
Telephone: +1 973-619-3227
Electronic mail: Julia@blueshirtgroup.com
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SOURCE AGM Group Holdings Inc.
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