An announcement from Fanhua ( (AIFU) ) is now available.
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AIX Inc. has completed a significant share exchange transaction with BGM Group Ltd., transferring its equity interests in RONS Intelligent Technology, Shenzhen Xinbao Investment Management, and its subsidiaries to BGM in exchange for a substantial stake in BGM. This transaction results in AIX owning 72% of BGM’s ordinary shares and aims to enhance innovation and development in the intelligent insurance platform by leveraging BGM’s resources in the global healthcare sector.
More about Fanhua
YTD Price Performance: -82.93%
Average Trading Volume: 282,174
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $64.37M
See more insights into AIFU stock on TipRanks’ Stock Analysis page.