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BGM Completes Acquisition of YX to Advance AI-Powered Intelligent Platform

1. BGM completed acquisition of YX Management for $95M on April 25, 2025. 2. YX shareholders own 32.6% of BGM's equity, enhancing strategic influence. 3. Acquisition bolsters BGM's AI-driven transformation in mobility and insurance sectors. 4. CEO highlights AI integration as key to long-term growth strategy. 5. BGM aims for enhanced operational capabilities and technology commercialization.

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Why Bullish?

The acquisition strategically aligns with BGM's growth in AI and technology sectors, similar to past acquisitions benefiting tech firms. Historical parallels include successful integrations like Microsoft's acquisition of LinkedIn, boosting overall company value and market positioning.

How important is it?

This acquisition directly influences BGM's future growth trajectory and market positioning, making it significant for stakeholders.

Why Long Term?

The sustained integration of AI across core sectors suggests gradual value appreciation. Companies like Tesla have shown long-term positive impacts following strategic technology-focused acquisitions.

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, /PRNewswire/ -- BGM Group Ltd. (NASDAQ: BGM) (the "Company" or BGM)  today announced the completion of its acquisition of YX Management Company Ltd. ("YX"), an leading intelligent mobility technology platform, on April 25, 2025. As previously disclosed, BGM acquired 100% of YX by issuing 47.5 million Class A ordinary shares to YX's existing shareholders, representing a valuation of US$95.0 million. Upon completion of the acquisition, YX's shareholders collectively own approximately 32.6% of BGM's equity interests and approximately 2.2% of the total voting power. This acquisition represents a significant step in BGM's AI-driven transformation, enhancing its capabilities in large-scale operations, digital infrastructure, and commercializing cutting-edge technologies. YX's expertise in business model optimization, rapid technology iteration, and cross-industry resource integration will strengthen BGM's intelligent platform. With the completion of this acquisition, BGM will further accelerate the deep integration of AI into its core businesses across intelligent insurance, intelligent mobility, and digital services, continuously expanding the scope and commercial potential of its intelligent platform. Mr. Chen Xin, Chief Executive Officer of BGM, stated:"The successful completion of this transaction marks an important milestone in our AI strategy. By integrating YX's technological expertise and industry resources, we will further accelerate the application of AI across key sectors such as insurance and mobility, advancing our core businesses toward an AI Agent-driven model. We believe AI-powered innovation and strategic execution will fuel BGM's long-term growth, delivering sustained value to shareholders, customers, and partners." About BGM Group Ltd. BGM Group Ltd. has a strategic focus on the technology fields of AI application, intelligent robots, algorithmic computing power, cloud computing, and biopharmaceuticals. In terms of AI application implementation, the group relies on advanced analytics and AI Agent technology, and utilizes the two platforms of Du Xiao Bao and Bao Wang to provide comprehensive and professional AI solutions and intelligent robot services for insurance companies, insurance brokers, and consumers. Its services cover multiple key scenarios such as sales and marketing, underwriting assessment, claims processing, and customer service. The group is capable of analyzing consumer data, building consumer profiles, accurately predicting insurance needs, and providing highly customized services for consumers. In the field of biopharmaceuticals, the group's biopharmaceutical division mainly produces oxytetracycline API, crude heparin sodium, and licorice preparations, which are widely supplied to the global animal husbandry, pharmaceutical, and drug retail markets. The group deeply integrates AI-assisted decision-making into every link of production and manufacturing, achieving supply chain optimization, process efficiency improvement, and market trend prediction. This provides scientific decision-making basis for the management and offers high-quality products and precise services for consumers. Forward-looking Statements This news release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will", "expects", "anticipates", "future", "intends", "plans", "believes", "estimates", "target", "going forward", "outlook" and similar statements. Such statements are based upon management's current expectations and current market and operating conditions and relate to events that involve known or unknown risks, uncertainties and other factors, all of which are difficult to predict and many of which are beyond the Company's control, which may cause the Company's actual results, performance or achievements to differ materially from those in the forward-looking statements. Further information regarding these and other risks, uncertainties or factors is included in the Company's filings with the U.S. Securities and Exchange Commission. The Company does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under law. For investor and media inquiries, please contact: [email protected] SOURCE BGM Group Ltd WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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