Management ChangeJul 30, 2026, 04:19 PM
BGM Group Announces Leadership Changes
AI Summary
BGM Group Ltd. announced significant leadership changes, effective July 30, 2026. Mr. Chen Xin resigned from his positions as Chairman of the Board and Co-Chief Executive Officer due to personal reasons. The Board subsequently appointed Mr. Zhanchang Xin as the new Chairman of the Board and Ms. Hong Li as Co-Chief Executive Officer. Both new appointees bring extensive experience in corporate management and the pharmaceutical or financial industries.
Key Highlights
- Mr. Chen Xin resigned as Chairman of the Board and Co-Chief Executive Officer, effective July 30, 2026.
- Mr. Chen Xin's resignation was due to personal reasons and not a dispute with the Company.
- Mr. Zhanchang Xin was appointed as the new Chairman of the Board, effective July 30, 2026.
- Mr. Zhanchang Xin has over 35 years of experience in the pharmaceutical industry and corporate management.
- Ms. Hong Li was appointed as Co-Chief Executive Officer, effective July 30, 2026.
- Ms. Li has extensive experience in financial management and accounting.
Price Impact
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