EBANG INTERNATIONAL HOLDINGS INC.

HANGZHOU, China, 15 Feb. 10, 2022 (GLOBE NEWSWIRE) — Ebang International Holdings Inc. (Nasdaq: EBON, the “Company,” “we,” or “our”), a global blockchain technology company, today announced the official launch of the Ebonex Exchange. , the company’s cryptocurrency exchange in Australia, on February 15, 2022. Eligible participants in certain geographic regions will be able to register and trade by visiting the official website at www.ebonex.com.au or by downloading our application from the Apple Store or Google Play Store at Ebonex.

Ebonex Exchange is a digital asset trading platform independently created and developed by the company’s technicians who are seasoned industry experts. It is designed to provide global cryptocurrency participants with secure, fast, efficient and stable trading services in multiple currencies and modes.

The company launched its Australian operations with the establishment of its Sydney office in 2021. The move is intended to support the company’s growth initiative in Australia, as well as demonstrate the ambition and determination of the team. leadership to create long-term value in Fintech. .

Mr. Dong Hu, Chairman and CEO of the company, said, “We believe the mature business environment and stringent regulatory regime in Australia will have a material positive impact on Ebonex Exchange’s outlook. We expect the cryptocurrency space to be poised for significant growth as the market for trusted platforms has grown significantly over the past year. Our goal is to make Ebonex Exchange one of the leading marketplaces in the cryptocurrency space and to become a trusted platform for cryptocurrency participants around the world. The launch of Ebonex Exchange has opened up a whole new market for the Fintech industry and is another crucial step in the company’s strategic development.

There can be no assurance that the Company’s operation of its Ebonex Exchange will improve the Company’s financial performance or results of operations. Shareholders are cautioned not to place undue reliance on this press release or any forward-looking statements contained herein.

About Ebang International Holdings Inc.

Ebang International Holdings Inc. is a blockchain technology company with strong capability in application-specific integrated circuit (ASIC) chip design. With years of industry experience and expertise in ASIC chip design, it has become a global producer of bitcoin mining machines with steady access to wafer foundry capacity. With its entities licensed and registered in various jurisdictions, the Company intends to launch a professional, convenient and innovative digital asset financial services platform to expand up and down the asset value chain. blockchain and cryptocurrency industry. For more information, please visit https://ir.ebang.com.

Forward-looking statements

This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements include, without limited thereto, the Company’s development plans and business prospects, which may be identified by terms such as “may”, “will”, “expect”, “anticipate”, “aim”, “potential “, “future”, “intends”, “anticipates”, “believes”, “estimates”, “continues”, “is likely to” and other similar expressions intended to identify forward-looking statements, although all forward-looking statements do not contain these identifying words. These statements are not historical facts and are based on the Company’s current beliefs, plans and expectations, as well as current market and operating conditions. Forward-looking statements involve known and unknown inherent risks, uncertainties and other factors, all of which are difficult to predict and many of which are beyond the Company’s control, which may cause the actual results, performance and achievements of the Company differ materially from those contained in any forward-looking statements. Further information regarding these and other risks, uncertainties or factors is included in the Company’s filings with the United States Securities and Exchange Commission. These forward-looking statements are made only as of the date indicated, and the Company undertakes no obligation to update or revise the information contained in the forward-looking statements as a result of new information, future events or otherwise, except if required by law.

Investor Relations

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Ebang International Holdings Inc.
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Ms. Tina Xiao
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