AGM Group Enters Two New Business Lines, Announces Strategic Partnership With HighSharp

China, September 29, 2021 – AGM Group Holdings Inc. (“AGMH”) (NASDAQ: AGMH), an built-in expertise firm targeted on superior blockchain chip options, fintech software program providers, and crypto-miner manufacturing, introduced that it has entered an preliminary six-month strategic cooperation settlement with HighSharp Digital Expertise Co., Ltd, an built-in circuit designer offering superior semiconductor options for supercomputing {hardware}.

AGM Holdings & HighSharp: A Partnership That Can Construct Income Development

The phrases of the HighSharp partnership will allow AGMH to make use of the most recent gen of chips and manufacturing providers accessible. The deal allows AGMH to focus on a minimal of $100M in orders in the course of the six-month time period. Ought to orders exceed the goal minimal, the 2 events will kind a three way partnership to construct upon next-generation product analysis and improvement for premium semiconductor options for supercomputing {hardware}. With this announcement, AGMH has additionally shifted broader focus into new enterprise strains together with ASIC chip analysis and improvement, and crypto mining tools manufacturing and gross sales. 

Refined Enterprise Development & AGMH’s Jinli Miner-C16

AMGH lately shaped a brand new firm progress technique, paired with veteran group members with intensive expertise in high-performance chip designs and blockchain purposes. The corporate can be exploring blockchain-based NFT and DeFi applied sciences to construct the ecosystem round current product choices.

AGMH lately launched its first ASIC crypto miner, the KOI Miner C16 (“C16”), with robust metrics that embrace a hashrate of 113TH/s and energy effectivity of 30J/T, reflecting efficiency that’s greatest in school. The corporate additionally continues to geo-diversify its clientele, with many consumers of the C16 coming from the U.S. and Canada, permitting for minimal publicity to unbiased policy-making impacts (such because the current improvement of China’s ban on bitcoin) and for industry-leading practices. 

About AGM Holdings (AGMH):

AGM Group Holdings Inc., is a monetary integration firm targeted on high-performance chip options. The corporate is headquartered in Beijing, China, and supplies chip design, chip analysis and improvement, and crypto mining {hardware}. AGM Group Holdings Inc. trades on the NASDAQ (NASDAQ:AGMH) and likewise supplies fintech software program providers to complement blockchain-based merchandise. AGMH is at the moment aiming to be a key participant and contributor within the world blockchain ecosystem.

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