AGM Group Holdings Inc. announced that Mr. Steven Yuan Ning Sim has been appointed as the new Chief Financial Officer of the Company, effective September 24, 2021. Mr. Zhihe Yang tendered his resignation as the Chief Financial Officer of AGM Group Holdings Inc. (the "Company"), effective September 23, 2021. Mr. Yang's resignation as director is not the result of any disagreement with the Company's operations, policies or procedures. Mr. Steven Yuan Ning Sim, age 44, has over 15 years of audit and financial management experience. Prior to join the Company, Mr. Sim served as the Chief Financial Officer of Pintec Technology Holdings Limited, an independent financial solutions provider in China from October 2016 to August 2021. Mr. Sim has also served as an independent director of Skillful Craftsman Education Technology Limited, a provider of online education and technology services in China, since March 2021 member of the Association of Chartered Certified Accountants (ACCA).