CHENGDU, China, Nov. 29, 2024 /PRNewswire/ — BGM Group Ltd. (NASDAQ: BGM) (“the Company” or “BGM”), a leading global pharmaceutical enterprise, today announced its acquisition of the intelligent platform of AIX Inc. (NASDAQ: AIFU) (“AIX”) valued at 1 billion RMB (approximately $140 million). The intelligent platform encompasses AIX’s subsidiaries – RONS Intelligent Technology (Beijing) Co., Ltd. (“RONS Technology”) and Shenzhen Xinbao Investment Management Co., Ltd. (“Xinbao Investment”). Completion of the transaction is anticipated by the end of 2024.

Through this strategic acquisition, BGM formally ventures into the domains of AI intelligent technology and financial and insurance services, setting the stage for diversified growth beyond biopharmaceuticals and inaugurating a new era for the Company in the digital and intelligent landscape.

Mr. Xin Chen, CEO of BGM, commented, “AIX’s efforts in digital innovation and intelligent transformation have yielded remarkable outcomes. Their accumulated technology and expertise will serve as a crucial reference for our own transformation in the pharmaceutical and healthcare sectors. This collaboration will not only bolster BGM’s technological capabilities but also expedite our strategic development, enabling us to deliver more efficient and intelligent solutions to the global market. This partnership represents a mutually beneficial opportunity and I am optimistic about our future together.”

Mr. Hu Yinan, CEO of AIX, stated, “Intelligent technology is the future of the insurance sector. AIX’s intelligent platform has already exhibited significant potential within the industry. However, broader advancement requires an open industry perspective and ecological support. Partnering with BGM will allow our platform to reach a wider user base and unlock greater potential for AI technology beyond the insurance realm. Furthermore, this collaboration aligns with national elderly care policies and promotes the growth of the silver economy. By extending our intelligent capabilities from insurance into the pharmaceutical and healthcare sectors, we aim to facilitate industry transformation through technology and propel AIX’s growth. AIX will maintain its role as the primary user of the intelligent platform, actively investing resources to maximize its technological capabilities. We are confident that this collaboration will create new opportunities for both AIX and the intelligent platform, enhancing value for our customers, industry partners, and shareholders.”

Founded in 2009, RONS Technology, a wholly-owned subsidiary of AIX, specializes in developing digital and intelligent technologies for the financial and insurance industries. RONS Technology boasts extensive experience in insurtech, having introduced disruptive innovations through its RONS Open Platform and flagship product Du Xiaobao. RONS Technology has steadily built a strong presence within the insurtech landscape, offering substantial growth potential and development opportunities.

Established in 2004, Xinbao Investment has developed a professional integrated online and offline insurance trading and service platform known as “Baowang”. Baowang provides comprehensive risk protection solutions for individuals, families, and small to medium-sized enterprises through the integration of technology, products, and services. The platform currently offers over 300 flagship products from more than 30 insurance companies, addressing various protection needs such as critical illness, term life, accident, health, travel, and corporate insurance.

By acquiring RONS Technology and Xinbao Investment, BGM will effectively integrate resources from intelligent technology and biopharmaceuticals, creating a new landscape for the synchronized development of “healthcare, medicine, and insurance” in the global market. The technological innovations from RONS Technology, particularly the pioneering achievements of Du Xiaobao in insurance sales, will empower BGM to strengthen its competitive advantage at the intersection of medical technology and insurance technology, offering users comprehensive and intelligent healthcare and insurance solutions while further expanding its global influence.

Moreover, RONS Technology and Xinbao Investment will benefit from enhanced development opportunities arising from this transaction. BGM’s robust presence in the healthcare sector, especially its extensive footprint in the global pharmaceutical market, will provide additional application scenarios for the products and services of both entities. RONS Technology and Xinbao Investment intend to leverage BGM’s international market network and pharmaceutical expertise to explore novel development models within the healthcare and insurance industries, continuously broaden their market reach, and serve as potent profit generators for BGM in the future.

About BGM Group Ltd

BGM Group Ltd,headquartered in Chengdu, China, is an innovative company dedicated to the fields of biopharmaceuticals, bio-extraction, and medical health. Our current product range includes oxytetracycline APIs, licorice preparations, and crude heparin sodium. The oxytetracycline API not only provides raw materials for pharmaceutical companies to produce human antibiotics but also supports the global breeding and livestock industries to ensure the safety of poultry and seafood. The crude heparin sodium, after processing by downstream companies, is transformed into refined heparin sodium and heparin sodium injection solutions, which are major anticoagulants. Licorice preparations, such as compound licorice lozenges, are used as cough suppressants and supplied to retail pharmacies. For more information, visit the Company’s website at: https://www.bgmgroupltd.com/

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
xinchen@qiliancorp.com 

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SOURCE BGM Group Ltd

From Dec. 1-2, consumers will find major holiday savings with up to 50% off trending items across tech, video games, home and more Savings continue with new week-long holiday deals announced every Sunday Dec. 1 through Dec. 24The retailer’s popular 10% off Target GiftCards deal for Target Circle members returns Dec. 7-8

MINNEAPOLIS, Nov. 29, 2024 /PRNewswire/ — Target Corporation (NYSE: TGT) today announced its two-day Cyber Monday sale running from December 1-2 and a lineup of new, affordable products giving consumers everything they need to make their holiday moments memorable. Consumers can expect up to 50% off thousands of Target’s must-haves spanning tech, video games, home and more, and 25% off beauty, vitamins and nutrition items exclusively on Target.com and the Target app. New holiday deals will also roll out throughout December in store and online to keep the savings going all season. 

“Target is here to help you find the perfect gift for everyone on your list, and our two-day Cyber Monday sale is the perfect time to shop and save with thousands of must-have items at incredible prices,” said Cara Sylvester, executive vice president and chief guest experience officer, Target. “Our Cyber Monday sale invites families to shop for the season’s hottest gifts without stretching their budget or adding to their busy schedules, and convenient digital tools like our holiday wish list make it so easy and affordable to browse, buy and have items ready for pick up or delivered right to your door.”

The Cyber Monday savings run Dec. 1-2
Starting Sunday, Dec. 1 at 2 a.m. CT, Target’s Cyber Monday event includes deep discounts on tech and video games including Apple, PlayStation, Beats, Ray-Ban Meta and LG, plus:

Up to 50% off tech and video games25% off beauty, vitamins and nutrition from e.l.f., CeraVe, Olly and more50% off shoes and slippersUp to 40% off select apparelUp to 30% off select toys like Hatchimals, Play-Doh and FAO Schwarz30% off holiday decor and stockingsSave up to $200 on select Apple devicesUp to 50% off small appliances plus an extra 15% off50% off Target Circle 360 membership now through Dec. 2 (originally $99)

Even more great deals throughout December
In addition to Target’s two-day Cyber Monday event, the retailer is bringing consumers new deals each week in store and online. These weeklong holiday deals will be announced every Sunday through Dec. 24.

Top deals for Dec. 1-7 include:

Up to 30% off tech and video gamesUp to 40% off small appliances and cookwareUp to 50% off select toysUp to 50% off floorcare50% off Keurig K-Iced Plus and K-Mini Go coffee makers50% off select board games30% off Bluey products storewide (Dec. 5-7)$10 select Favorite Day gingerbread houses and other deals across food and beverage

It’s back: 10% off Target GiftCards from Dec. 7-8
Target’s popular 10% off Target GiftCards deal returns Dec. 7-8, just in time for holiday gifting. The deal is exclusively for members of Target Circle, the retailer’s loyalty program, and new this year, it is applied automatically at checkout for verified Target Circle members. Consumers looking to make the most of their holiday budgets can join Target Circle for free through the Target app or on Target.com and purchase Target GiftCards online or in store.

Discover new finds at great prices with new digital enhancements 
Target is bringing more magic to every holiday mission with additional ways to discover new favorite products while helping consumers save time and money during the Cyber Monday sale and all season long:

Holiday Wish List: Consumers can easily create, build and organize their holiday wish list via a new digital tool that was launched as an extension of Target’s gift registry this season. Shared in a new format this year, the holiday gifting process is now easier than ever.Target Plus: The retailer’s curated digital marketplace allows consumers to shop products from national and specialty brands they love at a great value, including Acer, All-Clad, Bedsure, Carote, Coleman, HP, K-Swiss, Sur La Table, Wilson and more.

Making it easier than ever to shop and save 
Last month, the retailer announced price reductions on more than 2,000 everyday items for the holiday season and beyond. Consumers can also shop holiday deals confidently with Target’s industry-leading fulfillment services, including Drive Up and Order Pickup, unlimited same-day delivery with a Target Circle 360 membership or free 2-day shipping when they spend $35. And shoppers can save an extra 5%1 if they pay with their Target Circle Card, get Target Circle deals (including daily savings with our Deal of the Day) and more.

Plus, Target’s Holiday Price Match Guarantee means the retailer will adjust the price on any item if it goes lower at Target through Dec. 24. Consumers can also take advantage of free and easy returns on most new, unopened items within 90 days of purchase.

From Cyber Monday deals to everyday savings all season, consumers can count on Target for a seamless, affordable and joyful shopping, gifting and gathering experience. For more on the latest deals and store hours, visit Target.com and the Target app. And for more on all the ways Target is delivering holiday magic, savings and ease this season, visit Target’s holiday press hub.

About Target
Minneapolis-based Target Corporation (NYSE: TGT) serves guests at nearly 2,000 stores and at Target.com, with the purpose of helping all families discover the joy of everyday life. Since 1946, Target has given 5%1 of its profit to communities, which today equals millions of dollars a week. Additional company information can be found by visiting the corporate website and press center.

1. Restrictions apply. Subject to application approval and identity verification. See Target.com/CircleCard for program rules and details.

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SOURCE Target Corporation

Diversity-Jobs.com, a leading job board connecting underrepresented talent with employers committed to diversity, equity, and inclusion, has unveiled significant updates to its job board. With a mobile-friendly design, enhanced technology, and integration with Google Jobs, the site now offers 294,958 job opportunities while helping employers recruit top talent more efficiently.

STUDIO CITY, Calif., Nov. 29, 2024 /PRNewswire-PRWeb/ — Diversity-Jobs.com, a trusted job board connecting underrepresented and minority talent with inclusive employers since 2008, has unveiled significant updates to its job board. The new mobile-friendly design and enhanced technology make the site easier to navigate than ever before, empowering job seekers to find opportunities quickly and helping employers efficiently recruit top talent.

With 294,958 jobs currently available, Diversity-Jobs.com offers job seekers access to a wide range of opportunities across industries, while employers benefit from a platform designed to connect them with qualified candidates efficiently. Additionally, all jobs posted on the site are integrated with Google Jobs, providing companies with increased visibility and helping them connect with minority and underrepresented candidates faster.

Empowering Employers and Job Seekers

The redesigned job board is tailored to support employers in building inclusive workplaces and helping job seekers discover meaningful career opportunities. Diversity-Jobs.com connects job postings with over 60 million candidates worldwide, ensuring increased visibility for employers and broader opportunities for job seekers.

Key Features of the Enhanced Job Board Include:

Advanced Job Search Tools: Job seekers can refine searches by location, industry, job type, and more, making it easier to find the most relevant opportunities.Personalized Job Alerts: Tailored notifications ensure job seekers never miss a chance to apply for roles that match their skills and interests.Enhanced Employer Tools: Employers benefit from an intuitive dashboard for posting jobs, reviewing applications, and showcasing their company’s commitment to diversity, equity, and inclusion.Extensive Job Network: Through the JobBoard.com network, jobs posted on Diversity-Jobs.com can be distributed to over 4,000 other job boards, amplifying reach and efficiency in finding top candidates.Google Jobs Integration: Jobs posted on Diversity-Jobs.com are automatically listed on Google Jobs, providing employers with additional exposure to a broader audience and helping them attract candidates faster.

A Proud Legacy of Service

Since its founding in 2008, Diversity-Jobs.com has been a leading job board connecting underrepresented professionals with employers who value diversity, equity, and inclusion. These updates ensure the job board continues to serve as a vital resource for advancing diversity, equity, and inclusion in workplaces across industries. Diversity-Jobs.com is part of the Diversity Advertising, Inc. family, alongside sister sites Hispanic-Jobs.com and Asian-Jobs.com, which serve the unique needs of other diverse and bilingual talent pools.

“We’re proud to have been a leader in promoting diversity, equity, and inclusion in the workforce for over 15 years,” added Simone. “With these job board enhancements, we’re furthering our mission of creating equal opportunities for all and supporting employers who share that vision. We also extend our heartfelt gratitude to the 15,000+ companies that have trusted us to share their job opportunities over the years—our success wouldn’t be possible without their continued support.”

Explore the Enhanced Job Board

Diversity-Jobs.com invites employers and job seekers to explore the job board’s new features.

Job Seekers: Sign up to create personalized job alerts, upload your resume, and discover opportunities with employers who value diversity, equity, and inclusion.Employers: Post jobs to connect with diverse talent, ensure their postings appear on Google Jobs, and demonstrate your company’s commitment to building an inclusive workforce.

Visit Diversity-Jobs.com today to get started.

About Diversity-Jobs.com

Founded in 2008, Diversity-Jobs.com is a leading job board dedicated to connecting underrepresented talent with employers committed to diversity, equity, and inclusion. With 294,958 jobs currently available, Diversity-Jobs.com offers unmatched job posting visibility and access to a broad and qualified candidate pool. All jobs posted on the site are integrated with Google Jobs, ensuring greater exposure for employers and helping job seekers find meaningful opportunities.

Media Contact:

Simone Emmons

President, Diversity Advertising, Inc.

[818-530-4852]

simone@diversity-jobs.com

Media Contact

Simone Emmons, Diversity Advertising, Inc./Diversity-Jobs.com, 1 818-530-4852 2, simone@diversity-jobs.com, https://diversity-jobs.com/

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SOURCE Diversity Advertising, Inc./Diversity-Jobs.com