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AIX and BGM Group Enter Strategic Transaction Agreement for Equity Interests Transfer and Share Acquisition
Contract Type
agreement
ChengduBiotechnologyArtificial IntelligencePharmaceuticalDescription
AIX Inc. has entered into a strategic transaction agreement with BGM Group Ltd., involving the transfer of the equity interests of RONS Intelligent Technology (Beijing) Co., Ltd. and Shenzhen Xinbao Investment Management Co., Ltd., valued at approximately US$140.0 million, to BGM in exchange for 69,995,661 of BGM’s Class A ordinary shares. This agreement is expected to lead to enhanced development opportunities and growth potential for both RONS Technology and Xinbao Investment, as well as accelerate AIX’s strategic expansion into the pharmaceutical and healthcare sector.