Business

AGM Group Holdings Inc. Announces Strategic Expansion into Canada

BEIJING, March 22, 2024 /PRNewswire/ -- AGM Group Holdings Inc. ("AGMH" or the "Company"), an integrated technology company specializing in financial technology software services, alongside the manufacture of advanced hardware and computing equipment, has unveiled its plans to form a new subsidiary in Canada. This move is a key element of the Company's strategic intentions to intensify its involvement with energy development, data center infrastructure, and mining operations within the expansive markets of Canada and the United States.

The rapid emergence of the North American region as a pivotal hub in the global market has been noted with considerable interest. Canada, in particular, with its vast energy reserves, presents a strategically advantageous position in the digital currency domain, facilitating a solid foundation for industry growth. In alignment with AGMH's overarching business objectives, the creation of the Canadian subsidiary denotes a concerted effort to partner with major stakeholders in the sectors of energy procurement, resource exploration, and cryptocurrency mining, with the anticipation of driving robust, sustainable advancement.

Zhu Bo, the distinguished Chairman and Chief Executive Officer of AGM Group, expressed optimism regarding the new venture, issuing the following statement: "Our expansion into Canada stands as a testament to AGM Group's dedication to continually evolve on a global scale. This strategic development is poised to amplify opportunities for growth for our clientele and constituents and will impart sustainable value to our shareholders in the long term. We look forward to sharing our progress as our plans unfold."

About AGM Group Holdings Inc.

Founded in April 2015 and based out of Beijing, China, AGM Group Holdings Inc. (NASDAQ: AGMH) has established its presence as an integrated technology firm. AGMH has set an ambitious mission to secure its position as a significant player and contributor within the international financial technology and blockchain landscape. Further details about the company and its endeavors can be found on their official website at www.agmprime.com.

Forward-Looking Statements

This press release harbors "forward-looking statements" in accordance with Section 27A of the Securities Act of 1933, as amended, as well as Section 21E of the Securities Exchange Act of 1934, as amended. Defined under the U.S. Private Securities Litigation Reform Act of 1995, these statements contain words such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," and other similar expressions. Except for historic facts, all statements made herein are forward-looking and involve a range of risks and uncertainties that could result in outcomes that are significantly different from those outlined.

These statements draw from the Company's current forecasts, presumptions, estimates, and projections about AGMH and the industry in which it operates. However, there exists a number of unknown variables and potential risks that may affect the actual results. These uncertainties and risks are detailed in the Company's filings with the U.S. Securities and Exchange Commission. AGMH does not commit to update the forward-looking statements as influenced by subsequent events, changes in circumstances, or alterations in expectations, except as might be required by law. Even though the Company harbors reasonable confidence in these forward-looking statements, it cannot provide assurance that these expectations will prove to be accurate, and actual results could substantially deviate from those anticipated. Stakeholders are encouraged to heed these factors when weighing the contents of these statements, and to place no undue reliance on such forward-looking statements, as they come with a degree of risk.

Company Contact Information

For those seeking further information and commentary from AGM Group, interested parties may contact the company directly in China via email at [email protected] Furthermore, additional inquiries can be addressed to Seaquant Consulting, with Ms. Kristy Li serving as the point of contact, available at [email protected]

This news release from AGM Group represents a manifesto of growth and ambition, signifying a pivotal moment in the company's history. With the launch of the Canadian subsidiary, AGMH is not only expanding its geographic footprint but is also positioning itself to capitalize on the opportunities presented by the evolving energy and digital currency arenas.

AGMH's strategy embraces a forward-thinking approach, integrating technological innovation with practical business acumen. The decision to invest in energy resources and to involve itself deeply in digital currency mining indicates a keen understanding of market trends and the potential that North America, in particular, holds concerning these sectors. Moreover, by tapping into Canada's rich energy reserves, AGMH aims to establish a green, sustainable foundation for its operations – a detail that resonates well with contemporary narratives around environmental responsibility and the role of technology firms in shaping a cleaner future.

The confidence emanating from AGM's leadership mirrors the broader optimism within the industry about the opportunities that diversification and international expansion can bring. As Mr. Zhu Bo's comments suggest, AGM is squarely focused on the pursuit of long-lasting value, both for its clients and its shareholders. The commitment expressed by AGM's CEO underscores that the establishment of the Canadian subsidiary is not merely an expansionist endeavor but a deliberate strategic maneuver orchestrated to enhance core competitive advantages while remaining mindful of the broader ecosystem in which it operates.

As we look forward to AGM Group's forthcoming updates, there is a palpable sense of anticipation about the transformative potential that these developments might unlock. With meticulous planning and strategic partnerships, AGM Group Holdings Inc. is poised to redefine its presence within the global fintech and blockchain arenas, set against the richly resourced and innovative landscape of Canada.

Investors and industry watchers alike will undoubtedly follow AGMH's journey with great interest, as the integration of technology and financial services continues to accelerate and redefine the boundaries of what's possible. AGM Group's commitment to becoming a key participant and contributor to the global financial technology and blockchain ecosystem is indicative of a broader trend where technology companies are increasingly venturing into collaborative projects and expanding their services beyond traditional boundaries.

Essential to the narrative of AGMH's expansion is also an acknowledgment of the imperative to navigate the landscape of corporate governance and compliance, especially when dealing with the nascent yet volatile cryptocurrency market. By foregrounding forward-looking statements and ensuring transparent communication channels, AGM Group is laying the groundwork for ethical engagement and responsible stewardship as it steps into new territories.

In conclusion, AGM Group Holdings Inc. stands on the cusp of a potentially transformative phase in its corporate evolution. With solid foundations laid in Beijing, the company's eyes are now firmly set on the rich opportunities within Canada and by extension, North America. As the world watches, the decisions made and the strategies implemented in the coming months could well shape not only the future of AGMH but also make a significant impact on the global stage of fintech and blockchain innovation.

With AGM Group Holdings Inc. signaling clear intentions to harness the burgeoning tech and energy sectors in Canada, it sets an intriguing precedent for others in the industry. The diversification and expansion efforts undertaken by AGMH do not just portend well for the company’s growth trajectory; they also deliver a broader, remarkable vision for the interconnectivity of technology and finance in the global economy.