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AGM Group expands with new Canadian subsidiary

EditorEmilio Ghigini
Published 03/22/2024, 08:26 PM
Updated 03/22/2024, 08:26 PM
© Reuters.

BEIJING - AGM Group Holdings Inc. (NASDAQ: AGMH), a technology company specializing in fintech software services and high-performance computing equipment, has initiated the establishment of a subsidiary in Canada. This move is part of AGM's strategy to enhance its presence in the North American energy and cryptocurrency sectors.

The company’s expansion into Canada is aimed at leveraging the country's abundant energy resources and its growing position in the global cryptocurrency market. AGM's Canadian subsidiary will work closely with local partners in energy, exploration, and mining to support sustainable growth in the cryptocurrency industry and advance the company's business interests.

AGM Group's Chairman and CEO, Mr. Zhu Bo, expressed optimism about the new venture, stating that the Canadian branch is expected to contribute to the company's global development and offer long-term value to investors. He also indicated that updates on the subsidiary's progress would be communicated in the near future.

AGM Group Holdings, founded in April 2015 and based in Beijing, aims to be a significant player in the fintech and blockchain ecosystem. The establishment of the Canadian subsidiary aligns with AGM's mission and global business strategy.

The press release includes forward-looking statements, which involve risks and uncertainties that could cause actual results to differ from those projected. These statements are based on current expectations and are subject to change. AGM Group has noted that while they believe their expectations are reasonable, there is no assurance that these results will be achieved.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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