On May 6, 2021, the Board of AGM Group Holdings Inc. appointed Dr. Bo Zhu as the Chief Strategy Officer, with an annual compensation of USD 120,000 effective May 6, 2021. Dr. Zhu, age 34, is a veteran entrepreneur in the sector of computer software, now serving as the general manager of Hangzhou Fanteng Technology Co. Ltd. and as an assistant researcher at Zhejiang University, where he received his doctoral degree in Computer Science and Technology in 2013.