| Schedule of AGM Holdings' Subsidiaries |
As of December 31, 2023, AGM Holdings’ subsidiaries are as follows:
| Name | | Date of
Incorporation | | | Place of
Incorporation | | Percentage of
Effective
Ownership | | | Principal Activities | | AGM Technology Limited (“AGM Technology “) | | | May 21, 2015 | | | Hong Kong | | | 100 | % | | Sale of cryptocurrency mining machines and standardized computing equipment | | AGM Tianjin Construction Development Co., Ltd. (“AGM Tianjin”) formerly Shenzhen AnGaoMeng Financial Technology Service Co., Ltd. | | | October 13, 2015 | | | China | | | 100 | % | | Holding entity | | Beijing AnGaoMeng Technology Service Co., Ltd. (“AGM Beijing”) | | | November 13, 2015 | | | China | | | 100 | % | | Software development and provider | | AGM Software Service LTD (“AGM Software”) | | | June 14, 2017 | | | BVI | | | 100 | % | | Core technology service provider | | *Nanjing Lucun Semiconductor Co., Ltd. (“Nanjing Lucun”) | | | June 17, 2021 | | | China | | | 100 | % | | Sale of cryptocurrency mining machines and standardized computing equipment | | AGM Defi Lab Ptd Limited (“AGM Defi Lab”) | | | July 30, 2021 | | | Singapore | | | 100 | % | | Software development and provider | | AGM Defi Tech Limited (“AGM Defi Tech”) | | | August 8, 2021 | | | Hong Kong | | | 100 | % | | Software development and provider | | Beijing Keen Sense Technology Service Co., Ltd (“Beijing Keen Sense”) | | | October 21, 2021 | | | China | | | 100 | % | | Software development and provider | | AGM Electronic Technology Limited (“AGM Electronic”) | | | January 26, 2024 | | | Hong Kong | | | 100 | % | | Sale of cryptocurrency mining machines and standardized computing equipment | | AGM Canada Holdings Limited (“AGM Canada”) | | | April 17, 2024 | | | Canada | | | 100 | % | | Sale of cryptocurrency mining machines and standardized computing equipment | | Beijing Bixin Electronic Technology Co., Ltd (“Beijing Bixin”) | | | April 26, 2024 | | | China | | | 100 | % | | Software development and provider | | AGM Energy Corp. (“AGM Energy”) | | | October 1, 2024 | | | Canada | | | 49 | % | | Clean energy industries | | AGM Integrated Tech Limited (“AGM Integrated”) | | | October 1, 2024 | | | Hong Kong | | | 100 | % | | Sale of cryptocurrency mining machines and standardized computing
equipment |
| * | On
December 10, 2024, the board of directors decided to sell the Nanjing Lucun, a wholly-owned subsidiary of the company before April 30,
2025. The sale of Nanjing Lucun falls under the category of non-continuing operations that have significant impact on the company’s
entity’s operation, financial performance, or represent a strategic shift as it conforms to the definition of discontinued operations
under ASC 205-20-45-1A to 45-1C and ASC 205-20-45-1E. We retrospectively classified it as a discontinued operation |
|