AGM Group Announces Order for 10,000 Cryptocurrency Mining Machines from Code Chain New Continent

Beijing, China, November 1, 2021 – 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, announced today that it has won a purchase order (the “Order”) from Code Chain New Continent Limited (“Code Chain” or “CCNC”) (NASDAQ: CCNC), a vertically integrated cryptocurrency miner, for cryptocurrency mining machines. Pursuant to the Order agreement, AGMH will deliver 10,000 units of KOI Miner 100 TH/S mining machines worth US$60 million from the first quarter of 2022. This agreement also provides Code Chain with an option to purchase 10,000 additional mining machines. Mr. Chenjun Li, Co-Chief Executive Officer of AGMH, commented: “We are very pleased with this collaboration with Code Chain, and we believe is a fantastic step forward for both parties. This Order signifies that the quality of our mining equipment is recognized in the industry, and will further strengthen our ability to serve a growing and broad client base. Looking ahead, we will continue to enhance our expertise, technology, and talent to explore business opportunities while helping our clients to innovate and thrive in the evolving cryptocurrency market.” Mr. Tingjun Yang, Chief Executive Officer of Code Chain, said, ” Our team is excited to partner with AGMH. The collaboration will provid...