BGM Group Ltd. Announces Acquisition of Xingdao Intelligent and YD Network to Advance AI Capabilities and Industry Integration

Reuters

05-29

BGM Group Ltd. Announces Acquisition of Xingdao Intelligent and YD Network to Advance AI Capabilities and Industry Integration

CHENGDU, China, May 28, 2025 - BGM Group Ltd. $(BGM)$ has announced definitive agreements to acquire Xingdao Intelligent Cloud Chain (Shenzhen) Co., Ltd. and YD Network Technology Company Limited. The acquisition, valued at RMB800 million, will be completed through the issuance of 37,123,142 new Class A ordinary shares of BGM at US$3.0 per share. The transaction is expected to close by the end of June 2025, pending customary conditions. Post-acquisition, the shareholders of the two companies will collectively own about 15.6% of BGM's total shares. According to Chen Xin, CEO of BGM, these acquisitions mark significant advancements in both embodied intelligence and industry-specific AI applications, supporting the company's strategy to enhance its AI productivity platform and expand its industry reach.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. BGM Group Ltd. published the original content used to generate this news brief via PR Newswire (Ref. ID: CN97609) on May 28, 2025, and is solely responsible for the information contained therein.

免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。

熱議股票

1
2
3
4
5
6
7
8
9
10

{"basename":"/hant","ssrTDKData":{"titleTemplate":"%s - 老虎證券","title":"老虎证券全球投资理财平台| 一站式投资美股新股港股A股","description":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","keywords":"老虎證券,老虎證券開戶,老虎券商,老虎證券官網,老虎證券app,tigertrade老虎證券,股票,炒股,新加坡股票交易平臺,投資,投資理財","social":{"ogDescription":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/hant/news/2539092804"},"companyName":"老虎證券"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2539092804\",edition:\"fundamental\",,,undefined,":{"share":"https://ttm.financial/m/news/2539092804?lang=zh_TW&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-05-29 04:30","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2539092804","market":"nz","top_or_hot":-1,"title":"BGM Group Ltd. Announces Acquisition of Xingdao Intelligent and YD Network to Advance AI Capabilities and Industry Integration","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      BGM Group Ltd. Announces Acquisition of Xingdao Intelligent and YD Network to Advance AI Capabilities and Industry Integration\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        CHENGDU, China, May 28, 2025 - BGM Group Ltd. <a href=\"https://laohu8.com/S/BGM\">$(BGM)$</a> has announced definitive agreements to acquire Xingdao Intelligent Cloud Chain (Shenzhen) Co., Ltd. and YD Network Technology Company Limited. The acquisition, valued at RMB800 million, will be completed through the issuance of 37,123,142 new Class A ordinary shares of BGM at US$3.0 per share. The transaction is expected to close by the end of June 2025, pending customary conditions. Post-acquisition, the shareholders of the two companies will collectively own about 15.6% of BGM's total shares. According to Chen Xin, CEO of BGM, these acquisitions mark significant advancements in both embodied intelligence and industry-specific AI applications, supporting the company's strategy to enhance its AI productivity platform and expand its industry reach.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. BGM Group Ltd. published the original content used to generate this news brief via PR Newswire (Ref. ID: CN97609) on May 28, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>BGM Group Ltd. Announces Acquisition of Xingdao Intelligent and YD Network to Advance AI Capabilities and Industry Integration</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBGM Group Ltd. Announces Acquisition of Xingdao Intelligent and YD Network to Advance AI Capabilities and Industry Integration\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time smaller\">2025-05-29 04:30</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      BGM Group Ltd. Announces Acquisition of Xingdao Intelligent and YD Network to Advance AI Capabilities and Industry Integration\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        CHENGDU, China, May 28, 2025 - BGM Group Ltd. <a href=\"https://laohu8.com/S/BGM\">$(BGM)$</a> has announced definitive agreements to acquire Xingdao Intelligent Cloud Chain (Shenzhen) Co., Ltd. and YD Network Technology Company Limited. The acquisition, valued at RMB800 million, will be completed through the issuance of 37,123,142 new Class A ordinary shares of BGM at US$3.0 per share. The transaction is expected to close by the end of June 2025, pending customary conditions. Post-acquisition, the shareholders of the two companies will collectively own about 15.6% of BGM's total shares. According to Chen Xin, CEO of BGM, these acquisitions mark significant advancements in both embodied intelligence and industry-specific AI applications, supporting the company's strategy to enhance its AI productivity platform and expand its industry reach.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. BGM Group Ltd. published the original content used to generate this news brief via PR Newswire (Ref. ID: CN97609) on May 28, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250528:nNDL87VMWG:1","article_id":"2539092804","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2539092804","pubTimestamp":1748464220,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"BGM Group Ltd. Announces Acquisition of Xingdao Intelligent and YD Network to Advance AI Capabilities and Industry Integration. Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. BGM Group Ltd. published the original content used to generate this news brief via PR Newswire  on May 28, 2025, and is solely responsible for the information contained therein.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{},"translate_title":"BGM Group Ltd.宣布收购星岛智能和YD网络，以推进人工智能能力和行业整合","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BGM":0.9},"content_text":"BGM Group Ltd. Announces Acquisition of Xingdao Intelligent and YD Network to Advance AI Capabilities and Industry Integration\n    \n\n        CHENGDU, China, May 28, 2025 - BGM Group Ltd. $(BGM)$ has announced definitive agreements to acquire Xingdao Intelligent Cloud Chain (Shenzhen) Co., Ltd. and YD Network Technology Company Limited. The acquisition, valued at RMB800 million, will be completed through the issuance of 37,123,142 new Class A ordinary shares of BGM at US$3.0 per share. The transaction is expected to close by the end of June 2025, pending customary conditions. Post-acquisition, the shareholders of the two companies will collectively own about 15.6% of BGM's total shares. According to Chen Xin, CEO of BGM, these acquisitions mark significant advancements in both embodied intelligence and industry-specific AI applications, supporting the company's strategy to enhance its AI productivity platform and expand its industry reach.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. BGM Group Ltd. published the original content used to generate this news brief via PR Newswire (Ref. ID: CN97609) on May 28, 2025, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":0,"code":"91000000","status":"200"}}}