CHENGDU,
China, Oct. 29, 2024 /PRNewswire/ -- Qilian
International Holding Group Ltd. ("Qilian" or the "Company")
(NASDAQ: BGM) is pleased to announce that effective on
October 30, 2024, the Company will
change its name to "BGM Group Ltd." In connection with the name
change, the trading symbol of the Company's Class A ordinary shares
has been changed to "BGM" on the Nasdaq Stock Market, effective on
August 11, 2024, and the CUSIP number
remains unchanged.
About Qilian International Holding Group Ltd.
BGM Group Ltd., formerly known as Qilian International Holding
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: www.bgm.ltd.
Safe Harbor Statement
Certain statements made in this release are "forward looking
statements" within the meaning of the "safe harbor" provisions of
the United States Private Securities Litigation Reform Act of 1995.
When used in this press release, the words "estimates,"
"projected," "expects," "anticipates," "forecasts," "plans,"
"intends," "believes," "seeks," "may," "will," "should," "future,"
"propose" and variations of these words or similar expressions (or
the negative versions of such words or expressions) are intended to
identify forward-looking statements. These forward-looking
statements are not guarantees of future performance, conditions or
results, and involve a number of known and unknown risks,
uncertainties, assumptions and other important factors, many of
which are outside the Company's control, that could cause actual
results or outcomes to differ materially from those discussed in
the forward-looking statements. Important factors, among others,
are the ability to manage growth; ability to identify and integrate
other future acquisitions; ability to obtain additional financing
in the future to fund capital expenditures; fluctuations in general
economic and business conditions; costs or other factors adversely
affecting our profitability; litigation involving patents,
intellectual property, and other matters; potential changes in the
legislative and regulatory environment; a pandemic or epidemic. The
forward-looking statements contained in this release are also
subject to other risks and uncertainties, including those more
fully described in the Company's filings with the Securities and
Exchange Commission, which are available for review
at www.sec.gov. The Company undertakes no obligation to update
or revise any forward-looking statements, whether as a result of
new information, future events or otherwise, except as required by
applicable law. Such information speaks only as of the date of this
release.
For investor and media inquiries, please contact:
info@qiliancorp.com, jiangyubin@qiliancorp.com or xinchen@qiliancorp.com
View original
content:https://www.prnewswire.com/news-releases/qilian-international-holding-group-limited-announces-name-change-to-bgm-group-ltd-302289949.html
SOURCE Qilian International Holding Group Co., LTD
