Karl Birkenfeld's questions to AGM GROUP HOLDINGS (AGMH) leadership • Q4 2021
Question
Karl Birkenfeld of American Trust Investment inquired about the impact of China's COVID-19 lockdowns on 2022 business, requested a revenue projection for the year, asked about AGMH's key competitors and technical advantages, and questioned the company's strategy regarding clean energy and energy-efficient chip production.
Answer
CFO Steven Sim explained that China's lockdowns make forecasting difficult due to supply chain disruptions, rendering a full-year revenue projection impossible, though he remains positive on a quarterly basis. He identified key peers and highlighted the partnership with HighSharp and the high-spec KOI Miner C16 as technical advantages. Chairman and Co-CEO Chenjun Li, translated by Steven Sim, added that the company is optimistic about miners using clean energy and is actively developing more energy-efficient chips, noting their current C16 model is already one of the most efficient on the market.