HANGZHOU, China, Dec. 31, 2020 (GLOBE NEWSWIRE) — Ebang Worldwide Holdings Inc. (Nasdaq: EBON, the “Firm,” “we” or “our”), a blockchain know-how firm within the world market, at present introduced that the Firm expects to start public testing of its cryptocurrency change and formally launch the change within the first quarter of 2021. At the moment, the Firm has accomplished the inner testing of its cryptocurrency change.
Mr. Dong Hu, Chairman and CEO of the Firm, commented, “The completion of the inner testing of our cryptocurrency change is one other step ahead in increasing our blockchain monetary companies enterprise. In the meantime, we may also discover different enterprise alternatives within the blockchain and cryptocurrency business reminiscent of establishing mining farms and cryptocurrency mining to optimize the construction of our choices within the blockchain business worth chain.”
About Ebang Worldwide Holdings Inc.
Ebang Worldwide Holdings Inc. is a blockchain know-how firm with sturdy application-specific built-in circuit (ASIC) chip design functionality. With years of business expertise and experience in ASIC chip design, it has change into a number one bitcoin mining machine producer within the world market with regular entry to wafer foundry capability. With its licensed or registered entities in numerous jurisdictions, the Firm seeks to launch an expert, handy and progressive digital asset monetary service platform to develop into the upstream and the downstream of blockchain and cryptocurrency business worth chain. For extra data, please go to https://ir.ebang.com.cn/.
Protected Harbor Assertion
This press launch comprises forward-looking statements inside the that means of Part 21E of the Securities Alternate Act of 1934, as amended, and as outlined within the U.S. Non-public Securities Litigation Reform Act of 1995. These forward-looking statements embrace, with out limitation, the Firm’s growth plans and enterprise outlook, which may be recognized by terminology reminiscent of “could,” “will,” “expects,” “anticipates,” “goals,” “potential,” “future,” “intends,” “plans,” “believes,” “estimates,” “proceed,” “more likely to” and different comparable expressions. Such statements will not be historic info, and are based mostly upon the Firm’s present beliefs, plans and expectations, and the present market and working situations. Ahead-looking statements contain inherent recognized or unknown dangers, uncertainties and different components, all of that are troublesome to foretell and plenty of of that are past the Firm’s management, which can trigger the Firm’s precise outcomes, efficiency and achievements to vary materially from these contained in any forward-looking assertion. Additional data relating to these and different dangers, uncertainties or components is included within the Firm’s filings with the U.S. Securities and Alternate Fee. These forward-looking statements are made solely as of the date indicated, and the Firm undertakes no obligation to replace or revise the data contained in any forward-looking statements because of new data, future occasions or in any other case, besides as required below relevant regulation.
Investor Relations Contact
For investor and media inquiries, please contact:
Ebang Worldwide Holdings Inc.
E mail: ir@ebang.com.cn
Ascent Investor Relations LLC
Ms. Tina Xiao
Tel: (917) 609-0333
E mail: tina.xiao@ascent-ir.com
