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AGM GROUP HOLDINGS INC.

(AGMH)
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AGM Group Holdings, Inc. and HighSharp (Shenzhen Gaorui) Electronic Technology Co., Ltd Enter into a Strategic Partnership

09/27/2021 | 05:00am EDT

AGM Group Holdings Inc. HighSharp (Shenzhen Gaorui) Electronic Technology Co. Ltd. announced that they have entered into a definitive agreement for a strategic partnership that is expected to accelerate growths for both companies in the fast-growing global cryptocurrency markets. This innovative partnership aligns the unique strengths and assets of AGMH and HighSharp by combining AGMH's leading software and technical services capabilities, and HighSharp's proven expertise as a next-generation high performance ASIC chip designer and manufacturing, in order to expand blockchain-oriented ASIC chip research and development, as well as to extend the full services of crypto mining equipment manufacturing and sales. More importantly, this long-term collaboration represents an advanced transformation for both businesses in addressing the dynamic needs of the market, as well as in creating compelling value for both companies and their respective shareholders. Some key transaction details are: Intellectual Property rights endorsement; Product distribution; Personal exchange for joint advanced R&D.


© S&P Capital IQ 2021
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Financials (USD)
Sales 2020 0,05 M - -
Net income 2020 -1,07 M - -
Net cash 2020 0,07 M - -
P/E ratio 2020 -311x
Yield 2020 -
Capitalization 231 M 231 M -
EV / Sales 2019 1 091x
EV / Sales 2020 6 257x
Nbr of Employees 11
Free-Float 45,2%
Chart AGM GROUP HOLDINGS INC.
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AGM Group Holdings Inc. Technical Analysis Chart | AGMH | VGG0132V1058 | MarketScreener
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Managers and Directors
Wen Jie Tang Co-Chief Executive Officer & Director
Chenjun Li Co-Chief Executive Officer
Yuan Ning Sim Chief Financial Officer
Bin Cao Chairman
Yu Feng Mi Chief Technology Officer
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