CHENGDU,
China, Feb. 19, 2025 /PRNewswire/ -- BGM
Group Ltd. (Nasdaq: BGM) announced the establishment of
the "Duxiaobao Management Committee," which will be fully
responsible for the management and decision-making of the
"Duxiaobao" ecosystem. This move signifies BGM Group's strategic
entry into the field of artificial intelligence, aiming to
accelerate the transformation of the insurance industry into the
smart era through AI technology.
The Duxiaobao Management Committee consists of industry
leaders such as Xin Chen,
Li Yuqing, Ge Peng, Zhao Qi, Ren
Yong, Li Jun, Zhou Xin, and Wang
Hui. The committee has appointed Li
Yuqing as the CEO of Duxiaobao, with Li Jun, Ren Yong,
Zhou Xin, and Tan Yinghua as Vice Presidents. Mr. Li Yuqing, formerly a senior executive at Didi
Chuxing Science and Technology Co., Ltd., brings extensive
experience in managing internet platforms and will oversee
Duxiaobao's overall operations and expansion in the blue-collar
worker service market. Mr. Li Jun,
an expert in information technology, digitization, and intelligent
systems within the insurance sector, will lead the development and
optimization of the technical architecture. Mr. Ren Yong, with 15 years of insurance
intermediary experience and 5 years as CEO of a US-listed company,
will oversee the Baowang business division. Mr.
Zhou Xin, a former product expert
from Alibaba Group Holding Limited, who led the development of
the health code project, will drive the rapid transformation of
Duxiaobao into intelligent avatars. Xin
Chen, an outstanding young talent of the Post-90s
Generation and formerly an algorithm engineer at Shenzhen Dajiang
Innovation Technology Co., Ltd. and Geely Automobile Holdings
Limited, has a keen vision for the future of the AI era.
Tan Yinghua, a Microsoft Most
Valuable Expert and a pioneer in AI entrepreneurship and
investment, will be responsible for AI application innovation and
mergers and acquisitions.
Mr. Xin Chen, CEO of BGM Group,
expressed warm congratulations and high hopes for the establishment
of the management committee. Xin
Chen stated: "The establishment of the Duxiaobao Management
Committee is a significant milestone for BGM Group in the field of
AI. We believe that, with the members' rich industry experience and
profound professional backgrounds, Duxiaobao will play a leading
role in the intelligent transformation of the insurance industry.
AI is a key driving force in reshaping industry productivity. We
look forward to Duxiaobao, under the leadership of Mr. Li Yuqing, promoting the deep integration of
technology and business, bringing new business models and
efficiency improvements to the insurance industry."
Newly appointed Duxiaobao CEO Mr. Li
Yuqing expressed a strong commitment and dedication to the
appointment. Li Yuqing stated: "I am
honored to join BGM Group and serve as the CEO of Duxiaobao. The
intelligent transformation of the insurance industry is a
tremendous opportunity and a challenging task. I will lead the team
to fully leverage my experience in internet platform operations to
maximize the application of Duxiaobao's intelligent technology. Our
goal is to use advanced technology to innovate and optimize
business processes, enhance operational efficiency, and empower the
team, ultimately saving time investment and reducing costs for
insurance brokers. By not having to handle policy transactions
manually, insurance brokers can focus on more core and challenging
business areas, achieving 'automating simple tasks and refining
expertise for complex ones.' We are committed to promoting the
AI-driven transformation of the company, delivering a more
precise and efficient service experience for our customers."
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
big data mining 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:
info@qiliancorp.com
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SOURCE BGM Group Ltd
