An announcement from Fanhua ( (AIFU) ) is now available.
AIX Inc. has completed a significant share exchange transaction with BGM Group Ltd., transferring its equity interests in RONS Intelligent Technology, Shenzhen Xinbao Investment Management, and its subsidiaries to BGM in exchange for a substantial stake in BGM. This transaction results in AIX owning 72% of BGM’s ordinary shares and aims to enhance innovation and development in the intelligent insurance platform by leveraging BGM’s resources in the global healthcare sector.