Board Change • May 22
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Mao Jianping was the last independent director to join the board, commencing their role in 2026. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Apr 30
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Lin Zhang was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 공시 • Jan 31
BGM Group Ltd. announced delayed 20-F filing On 01/30/2026, BGM Group Ltd. announced that they will be unable to file their next 20-F by the deadline required by the SEC. New Risk • Jul 29
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risk Share price has been volatile over the past 3 months (17% average weekly change). 공시 • Jul 23
BGM Group Ltd. to Report First Half, 2025 Results on Jul 24, 2025 BGM Group Ltd. announced that they will report first half, 2025 results on Jul 24, 2025 공시 • Jun 26
BGM Group Ltd. (NasdaqCM:BGM) completed the acquisition of HM Management Company Limited BGM Group Ltd. (NasdaqCM:BGM) agreed to acquire HM Management Company Limited for CNY 1.3 billion on May 2, 2025. The consideration consists of 16.66 million common equity of BGM Group Ltd. having a value of CNY 1.3 billion to be issued for common equity of HM Management Company Limited.
The transaction is expected to close in the second quarter of 2025, subject to customary closing conditions. As of May 6, 2025, the deal has been approved by the Board of Directors of BGM Group Ltd.
BGM Group Ltd. (NasdaqCM:BGM) completed the acquisition of HM Management Company Limited on June 26, 2025. 공시 • Apr 22
BGM Group Ltd. (NasdaqCM:BGM) agreed to acquire Wonder Dragon Global Limited from its existing shareholders for CNY 3.1 billion. BGM Group Ltd. (NasdaqCM:BGM) agreed to acquire Wonder Dragon Global Limited from its existing shareholders for CNY 3.1 billion on April 21, 2025.
The expected completion of the transaction is April 22, 2025 to June 30, 2025. Board Change • Apr 01
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Independent Director Maofan Tang is the most experienced director on the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. 공시 • Feb 28
BGM Group Ltd. Announces Changes to Its Board of Directors BGM Group Ltd. announced changes to its board of directors, marking the Company's entry into a new phase of technological transformation and sustainable growth. Mr. Zhanchang Xin has tendered his resignation and will step down from his role as Chairman of the Company, effective March 1, 2025. He will be succeeded by Mr. Chen Xin, the current Chief Executive Officer of the Company, who will assume the position of Chairman. As the founder of the Company, Mr. Zhanchang Xin has, over the past six decades, has played a pivotal role in leading the Company through numerous challenges and milestones, including its successful listing on NASDAQ, laying a solid foundation for the Company's development. At this critical juncture in the Company's strategic transformation, Mr. Zhanchang Xin, with a clear vision of the Company's future, has made the decision to step down. Effective March 1, 2025, Mr. Chen Xin will officially assume the role of Chairman. Since becoming Chief Executive Officer in May 2024, he has led and participated in the acquisition project of Duxiaobao Intelligent Technology (Shenzhen) Co. Ltd. and has served as a member of its management committee, accumulating extensive experience in market consolidation and corporate management. Previously, he worked as an autonomous driving algorithm engineer at Shenzhen DJI Innovation Technology Co. Ltd. and Geely Automobile Research Institute. He has extensive engineering experience in artificial intelligence algorithms and data analytics. He holds a Bachelor's degree in Physics from Sichuan University and a Master's degree in Physics from the National University of Singapore, with a focus on the intersection of Physics and Machine Learning. His graduate research focuses on electron microscopy image processing and three-dimensional protein molecular structure prediction, bringing profound technological expertise and cutting-edge ideas to the Company's technological transformation. The Board of Directors also announces the appointment of Mr. Lin Zhang as an independent director, chairman of the compensation committee, and a member of the audit committee and the nominating and corporate governance committee, effective March 1, 2025. taking over the position previously held by Mr. Ming Jing. Mr. Lin Zhang has rich experience in AI model architecture design, development, and mass production application. Since August 2023, he has served as the chief algorithm engineer at Geely Automobile Research Institute, leading the deep learning projects for intelligent driving planning models for multiple mass-produced vehicle models. From May 2022 to July 2023, he worked as an algorithm engineer at Shanghai Yunji Zhixing Intelligent Technology Co. Ltd., where he successfully led the development of the multimodal trajectory prediction AI model for the Robotaxi project and achieved remarkable results in multi-agent interaction modeling in complex urban scenarios. He holds a Ph.D. in Physics from the National University of Singapore, with a focus on deep learning network theory in artificial intelligence. He graduated with a Bachelor's degree in Physics from Sichuan University. His expertise and practical experience will provide strong support for Company A Group's decision-making, helping the company navigate technological waves and foster innovation. He holds a Ph.D. in Physics from the National University of Singapore with his doctoral research focusing on the theory of deep learning networks in artificial intelligence. He graduated from Sichuan University with a Bachelor's degree in Physics. His professional background and practical experience will provide strong support for the decision-making of BGM Group and help the Company navigate technological waves and foster innovation. 공시 • Feb 21
BGM Group Establishes Duxiaobao Management Committee to Accelerate AI Strategy and Drive Intelligent Transformation in the Insurance Industry BGM Group Ltd. announced the establishment of the "Duxiaobao Management Committee," which will be fully responsible for the management and decision-making of the "Duxiaobao" ecosystem. This move signifies BGM Group's strategic entry into the field of artificial intelligence, aiming to accelerate the transformation of the insurance industry into the smart era through AI technology. The Duxiaobao Management Committee consists of industry leaders such as Xin Chen, Li Yuqing, Ge Peng, Zhao Qi, Ren Yong, Li Jun, Zhou Xin, and Wang Hui. The committee has appointed Li Yuqing as the CEO of Duxiaobao, with Li Jun, Ren Yong, Zhou Xin, and Tan Yinghua as Vice Presidents. Mr. Li Yuqing, formerly a senior executive at Didi Chuxing Science and Technology Co. Ltd., brings extensive experience in managing internet platforms and will oversee Duxiaobao's overall operations and expansion in the blue-collar worker service market. Mr. Li Jun, an expert in information technology, digitization, and intelligent systems within the insurance sector, will lead the development and optimization of the technical architecture. Mr. Ren Yong, with 15 years of insurance intermediary experience and 5 years as CEO of a US-listed company, will oversee the Baowang business division. Mr. Zhou Xin, a former product expert from Alibaba Group Holding Limited, who led the development of the health code project, will drive the rapid transformation of Duxiaobao into intelligent avatars. Xin Chen, an outstanding young talent of the Post-90s Generation and formerly an algorithm engineer at Shenzhen Dajiang Innovation Technology Co. Ltd. and Geely Automobile Holdings Limited, has a keen vision for the future of the AI era. Tan Yinghua, a Microsoft Most Valuable Expert and a pioneer in AI entrepreneurship and investment, will be responsible for AI application innovation and mergers and acquisitions.