Qilian International Plans Share Consolidation and Name Change

Qilian International Holding Group Limited (BGM) has released an update.

Qilian International Holding Group Limited has announced an extraordinary general meeting of shareholders to be held on October 18, 2024, with key proposals including a share consolidation, an increase in authorized Class A Ordinary Shares, and a company name change to BGM Group Ltd. Shareholders as of the Record Date, September 6, 2024, will have the right to vote, with a quorum requiring one-third of voting shares represented. The Board unanimously recommends voting ‘for’ all listed proposals, emphasizing the importance of shareholder votes in shaping the company’s future.

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