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Qilian International Holding Group Limited ( (BGM) ) has shared an update.
On July 5, 2025, BGM Group Ltd announced that Ms. Furong Cao, a director of the company, entered into an acting in concert agreement with Mr. Zhanchang Xin. This agreement, involving their respective subsidiaries, aims to maintain a stable shareholder structure and control of the company. Ms. Cao and Mr. Xin collectively hold significant voting power, with the agreement stipulating that they will vote in concert on shareholder and board matters, or against if a unanimous decision cannot be reached. This move is intended to solidify control and influence over company decisions, potentially impacting the company’s governance and strategic direction.
More about Qilian International Holding Group Limited
Average Trading Volume: 77,648
Technical Sentiment Signal: Sell
Current Market Cap: $1.37B
See more data about BGM stock on TipRanks’ Stock Analysis page.