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Qilian International Holding Group Limited ( (BGM) ) just unveiled an update.
BGM Group Ltd, a company focused on AI applications, has successfully completed the acquisition of HM Management Company Limited, which includes Catch Group Limited and Expansion Group Limited. This acquisition, finalized on June 20, 2025, involved issuing 16,663,427 Class A ordinary shares to the sellers, representing 8.31% of BGM’s total issued shares. The move is aimed at expanding BGM’s AI application portfolio and integrating resources from its AI insurance and mobility businesses, thereby strengthening its position in the AI industry.
More about Qilian International Holding Group Limited
Average Trading Volume: 46,870
Technical Sentiment Signal: Buy
Current Market Cap: $2.39B
See more insights into BGM stock on TipRanks’ Stock Analysis page.