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Qilian International Holding Group Limited ( (BGM) ) has provided an announcement.
On May 27, 2025, BGM Group Ltd entered into a transaction agreement to acquire 100% equity interest in Xingdao Intelligent and YD Network for 37,123,142 Class A ordinary shares. This acquisition, expected to close by the end of June 2025, will enhance BGM’s AI capabilities in both embodied intelligence and fintech, strengthening its position in hardware-software integration and industry expansion.
More about Qilian International Holding Group Limited
BGM Group Ltd focuses on AI applications, intelligent robots, algorithmic computing power, cloud computing, and biopharmaceuticals. It provides AI solutions and intelligent robot services for insurance companies and brokers, and produces biopharmaceuticals like oxytetracycline API and crude heparin sodium for global markets.
Average Trading Volume: 22,525
Technical Sentiment Signal: Buy
Current Market Cap: $2.08B
For a thorough assessment of BGM stock, go to TipRanks’ Stock Analysis page.