AGM Group Holdings Inc. that the Company is exploring strategic opportunities to set up its North American manufacturing operations in the United States or Canada to strengthen the company's leadership position in the Bitcoin mining sector. This move is part of AGMH's ongoing efforts to expand its global footprint in the cryptocurrency mining machine industry and signifies a new stage of growth. North America in particular is a key region for Bitcoin mining where establishing a manufacturing base will bring the Company closer to customers, streamline the supply chain, and mitigate the impact of global logistics issues while accelerating local market penetration. Pittsburgh and Seattle are among cities the Company is considering for this manufacturing base, which is potentially expected to accommodate AGMH's R&D lab, hardware production, assembly lines, and business development team. This strategic initiative is led by Mr. Bo Zhu, Chief Strategy Officer of AGMH. Mr. Zhu has extensive knowledge in the local North American customer base and networks. As a first step in reaching into the North American industry network, AGMH has sent some sample components of mining machines to local manufacturers for production tests and manufacturing base selection.