Qilian International’s Strategic Transaction and Reorganization

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

Qilian International Holding Group Limited is involved in a strategic transaction involving multiple entities, including BGM Group Ltd and CISG Holding Ltd. The agreement outlines a comprehensive reorganization plan where subsidiaries like RONS Intelligent and Shenzhen Baowang will become wholly owned subsidiaries of the Target Co., facilitating a share exchange. This move could signal a new phase of growth and restructuring for the involved companies, potentially impacting their market performance.

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