#China #BGM Group #Chengdu #Chen Xin #Zhanchang Xin

BGM Group's New Leadership Era

BGM Group Ltd has taken a monumental step towards redefining its organizational structure by announcing a board reshuffle that signifies the company’s commitment to technological advancement and sustainable growth. As of March 1, 2025, the company's founder, Zhanchang Xin, will resign from his position as Chairman. He will be succeeded by the current CEO, Chen Xin, who is stepping into this pivotal role during an important transitional period for the company.

Over the six decades of his leadership, Mr. Zhanchang Xin has navigated the company through various milestones, including its successful listing on NASDAQ. His decision to step down stems from a reflection on the company’s path moving forward, emphasizing the need for a new vision as they embrace a new phase of development. In his statement regarding this transition, Zhanchang expressed confidence in the company’s future, believing that the incoming generation of leaders would inject innovative ideas and fresh perspectives.

A New Era with Chen Xin

As Chen Xin becomes the new Chairman of BGM Group, his experience as CEO since May 2024 will be instrumental in guiding the company. His leadership has already resulted in the acquisition project of Duxiaobao Intelligent Technology (Shenzhen) Co., Ltd., showcasing his capability in corporate management and market consolidation. With a professional background as an algorithm engineer specializing in autonomous driving at recognized firms like Shenzhen DJI Innovation Technology and Geely Automobile Research Institute, Chen is well-versed in integrating advanced technologies into business strategies.

Holding both a Bachelor's and a Master's degree in Physics, focusing on machine learning applications, Chen Xin's academic credentials equip him with a solid foundation in technology, essential for resigning in a rapidly evolving industry. He acknowledges Zhanchang Xin's past leadership in establishing the company’s success and aims to build upon that legacy by driving forward an ambitious technological transformation.

A Focus on Technology and Innovation

The board reshuffle comes at a time when the fast pace of technological advancements presents both substantial opportunities and challenges. Under Chen's leadership, the goal is to enhance BGM's market competitiveness while also adding value for shareholders. His plan involves strategic upgrades to propel the company into an era focused on innovation and professional growth.

This transition is further amplified by the appointment of Lin Zhang as an independent director and chairman of the compensation committee, also effective March 1, 2025. Zhang, who significantly contributed to AI model architecture design, is set to bring invaluable experience to the board, fostering synergies in AI and tech development.

An alumni of Sichuan University with a Ph.D. from the National University of Singapore, Zhang's expertise in deep learning networks offers promising advancements that can reshape BGM Group's strategic landscape. His dedication to harnessing cutting-edge technologies aligns with the company’s overarching vision of integrating AI and enhancing decision-making efficiency throughout its operational processes.

Company Overview and Future Aspirations

BGM Group is strategically focused on several high-tech domains such as AI applications, algorithmic computation, intelligent robotics, cloud computing, and biopharmaceuticals. Utilizing platforms like Du Xiao Bao and Bao Wang, the company strives to deliver comprehensive AI solutions tailored for the insurance sector and beyond.

In the biopharmaceutical space, BGM's production capabilities span essential APIs and various pharmaceutical preparations catering to global markets. This comprehensive approach, enhanced by AI-assisted methodologies, confirms the company’s dedication to innovation, operational efficiency, and superior service deliverables.

As BGM Group embarks on this exciting new chapter underscored by leadership transitions and strategic aspirations, industry stakeholders eagerly anticipate the company’s direction in navigating the tech revolution and redefining its legacy. With a new vision on the horizon, BGM is poised to make significant strides in its fields of expertise, securing its position as a prominent entity in the market.

Forward-Looking Statements

This leadership transition is emblematic of BGM Group's desire to rapidly adapt and innovate in today's competitive landscape. It underscores the importance of being agile and responsive to the demands of a tech-driven world. With the fresh ideas and perspectives brought forth by the new leadership, BGM Group looks to forge ahead, achieving greater operational milestones and increased shareholder value.