AGM Group Announces Delivery of 1,335 Units of Crypto Mining Machines to Meten
US Eastern time: 2021-12-28 21:42
BEIJING, Dec. 28, 2021 /PRNewswire/ -- AGM Group Holdings Inc. ("AGMH" or the "Company") (NASDAQ: AGMH), an integrated technology company focusing on providing fintech software services and producing high-performance hardware and computing equipment, today announced it has delivered 1,335 units of Bitcoin mining machines to Meten Holding Group Ltd. ("Meten") (NASDAQ: METX).
The delivery is part of a strategic partnership between the two companies to nurture a blockchain ecosystem by integrating technology, products, sales, and services.
Mr. Chenjun Li, Co-Chief Executive Officer of AGMH, commented, "We are very pleased to have partnered with Meten. Despite disruptions in the global supply chain and logistics during the year end, we successfully managed to fully deliver the first batch of mining machines to Meten, demonstrating the effectiveness of our execution. Looking ahead, we will further enhance our supply capabilities as we accumulate more large-scale orders from the cryptocurrency mining sector."
Mr. Jason Zhao, Co-Founder and Executive Director of Meten, said: "We are excited to be collaborating with AGMH. With the deliveries of these technologically advanced products, we are confident in building up our Bitcoin business and development in the blockchain ecosystem."
About AGM Group Holdings Inc.
Incorporated in April 2015 and headquartered in Beijing, China, AGM Group Holdings Inc. (NASDAQ: AGMH) is an integrated technology company focusing on providing fintech software services and producing high-performance hardware and computing equipment. AGMH's mission is to become one of the key participants and contributors in the global fintech and blockchain ecosystem. For more information, please visit www.agmprime.com.
About Meten Holding Group Inc.
Meten Holding Group Ltd., formerly known as Meten EdtechX Education Group Ltd., is one of the leading omnichannel English language training ("ELT") service providers in China, delivering English language and skills training for Chinese students and professionals. In addition to strengthening its position in the ELT service industry in China, Meten actively explores the blockchain and cryptocurrency mining business outside China, with a long-term goal of creating value across the cryptocurrency industry. Meten expects to engage in businesses related to blockchain and metaverse in North America and other countries and areas around the world (not including China), including cryptocurrency mining, mining farm construction, and mining pool and data center operation.
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