Qilian International Holding Group

BGM Group Ltd. Class A Ordinary Shares represent equity ownership in BGM Group Ltd., a holding company with operations in China across pharmaceuticals, chemicals, and related industrial products. The company’s current business activities include the manufacture and distribution of active pharmaceutical ingredients, traditional Chinese medicine derivatives, heparin products, sausage casing, and fertilizer products. BGM Group Ltd. also describes exposure to technology-focused areas such as AI applications, intelligent robots, algorithmic computing power, and cloud computing, reflecting a broader operating profile that spans healthcare and emerging technology themes. As a Class A share class, these ordinary shares carry voting rights and form part of the company’s capital structure used by public market investors to participate in the business. BGM Group Ltd. serves customers and counterparties primarily through its operating subsidiaries and variable interest entity structure in China.