BGM Group Ltd. Pioneers Innovation in AI and Intel Technology, Fostering Holistic Integration of Healthcare and Insurtech
BGM Group Ltd. - Class A Ordinary Shares (BGM)
Company Research
Source: PR Newswire
CHENGDU, China, Nov. 29, 2024 /PRNewswire/ -- BGM Group Ltd. (NASDAQ: BGM) ("the Company" or "BGM"), a leading global pharmaceutical enterprise, today announced its acquisition of the intelligent platform of AIX Inc. (NASDAQ: AIFU) ("AIX") valued at 1 billion RMB (approximately $140 million). The intelligent platform encompasses AIX's subsidiaries – RONS Intelligent Technology (Beijing) Co., Ltd. ("RONS Technology") and Shenzhen Xinbao Investment Management Co., Ltd. ("Xinbao Investment"). Completion of the transaction is anticipated by the end of 2024.Through this strategic acquisition, BGM formally ventures into the domains of AI intelligent technology and financial and insurance services, setting the stage for diversified growth beyond biopharmaceuticals and inaugurating a new era for the Company in the digital and intelligent landscape.Mr. Xin Chen, CEO of BGM, commented, "AIX's efforts in digital innovation and intelligent transformation have yielded remarkable outcomes. Their ac
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