BGM Group Ltd. (NASDAQ: BGM) has entered into definitive agreements to acquire Xingdao Intelligent Cloud Chain (Shenzhen) Co., Ltd. and YD Network Technology Company Limited in an all-stock deal valued at RMB800 million (approx. US$110 million). The acquisitions underscore BGM’s commitment to advancing its multi-agent AI productivity platform and expanding its footprint into embodied robotics and intelligent fintech applications.
Deal Details: $110M Acquisition to Strengthen AI Ecosystem
- Transaction Value: RMB800 million (approx. US$110 million)
- Payment Method: 37,123,142 newly issued Class A ordinary shares of BGM at US$3.00 per share
- Expected Closing: End of June 2025, subject to customary conditions
- Post-Deal Ownership: Acquired shareholders to hold ~15.6% of BGM’s total outstanding share capital
Xingdao Intelligent: A Leader in Embodied Robotics
- Core Focus: Embodied service robots for real-world applications
- Key Capabilities:
- Proprietary robotic hardware and foundational algorithms
- Over 300 service robotics patents
- Expertise in mechanical design, intelligent perception, and autonomous decision-making
- Industries Served: Hospitality, retail, building management, healthcare, and industrial inspection
- Strategic Fit: Completes the AI cycle of perception-understanding-execution, enabling BGM to integrate hardware with AI software for intelligent service delivery
YD Network: Advancing FinTech with AI Trading Intelligence
- Core Focus: AI-powered stock trading strategies and risk management
- Key Capabilities:
- Proprietary financial models and quantitative algorithms
- Intelligent stock selection and trading optimization
- Proven success across U.S. equity and options markets
- Client Base: Individual traders, investment banks, private equity firms
- Strategic Fit: Strengthens BGM’s AI fintech stack and broadens its industry reach into capital markets
Leadership Insight: Multi-Agent AI for Cross-Industry Innovation
“We believe the future of AI lies in multi-agent collaboration—across both virtual and physical domains, and into deep vertical applications.”
— Chen Xin, CEO of BGM
Chen Xin emphasized that the acquisitions represent dual breakthroughs for BGM: advancing embodied intelligence through Xingdao and penetrating fintech innovation with YD Network. These moves are critical steps toward expanding BGM’s AI workforce and building a cross-industry intelligence ecosystem.
Strategic Vision: Multi-Agent AI Productivity Platform
BGM is rapidly evolving its multi-agent AI strategy, aiming to build a cohesive productivity platform spanning:
- AI Marketing – Driving customer engagement with intelligent automation
- AI Workforce Platforms – Integrating robots and digital agents
- Industry-Specific Applications – Tailored solutions for finance, retail, logistics, and healthcare
- AI Infrastructure – Scalable, secure systems for global deployment
By acquiring Xingdao Intelligent and YD Network, BGM fortifies its vertical expertise, hardware-software integration, and algorithmic innovation—all key pillars of its next growth phase.
Laying the Groundwork for Global AI Leadership
BGM’s acquisitions of Xingdao Intelligent and YD Network are more than expansion moves—they are foundational to a larger vision of AI-powered transformation. From robotic automation to smart trading, BGM is positioning itself as a category-defining platform for multi-agent intelligence. These transactions reinforce the company’s roadmap toward intelligent, efficient, and scalable solutions that redefine how industries operate in the AI era.