BGM Group names Huandi Zhao co-CEO, replaces directors following resignations

• BGM Group reshuffled top leadership, naming Huandi Zhao co-CEO and director effective May 7, 2026, replacing departing co-CEO Yuqing Li.
• Zhao previously served as chief technology officer at Innovation Global Financial Group from May 2021 to December 2025, leading AI transformation and IT operations.
• Board changes take effect May 7, with director Yuehua Ren stepping down, independent director Lin Zhang exiting board and committee roles, and audit committee chair Maofan Tang also resigning.
• Jianping Mao joined as independent director and compensation committee chair; he has worked as a financial consultant at Huasu Capital since 2012.
• Junjie Wang joined as independent director and audit committee chair; he has been CFO of Waltz since November 2024, following finance leadership roles at Shenzhen Huashuo New Material Application Technology.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. BGM Group Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-057159), on May 07, 2026, and is solely responsible for the information contained therein.