BGM Group Ltd. Files 20-F/A Amendment
Ticker: BGM · Form: 20-F/A · Filed: Apr 3, 2025 · CIK: 1779578
Sentiment: neutral
Topics: amendment, corporate-actions, financials
TL;DR
BGM Group Ltd. (formerly Qilian) filed a 20-F/A for FY24, check retained earnings & parent info.
AI Summary
BGM Group Ltd. filed an amendment (20-F/A) on April 3, 2025, for their fiscal year ending September 30, 2024. The company, formerly known as Qilian International Holding Group, is based in Chengdu, China, and operates in the pharmaceutical preparations sector. The filing includes details on retained earnings and parent company information as of September 30, 2024.
Why It Matters
This filing provides updated financial information and corporate details for BGM Group Ltd., which is important for investors and stakeholders to assess the company's current financial standing and structure.
Risk Assessment
Risk Level: medium — The company has undergone several name changes, indicating potential restructuring or strategic shifts that could introduce uncertainty.
Key Numbers
- 7.226480 — Total Assets (Reported for the fiscal year ending September 30, 2024.)
- 30,000,000 — Noncontrolling Interest (As of September 30, 2024.)
Key Players & Entities
- BGM Group Ltd. (company) — Filer
- Qilian International Holding Group (company) — Former Company Name
- Chengdu (location) — Business Address City
- September 30, 2024 (date) — Fiscal Year End
- April 3, 2025 (date) — Filing Date
FAQ
What was the primary reason for the amendment to the 20-F filing?
The filing is an amendment (20-F/A) to the annual report, indicating updates or corrections to previously filed information for the fiscal year ending September 30, 2024.
When did BGM Group Ltd. change its name from Qilian International Holding Group?
The company's name was changed from Qilian International Holding Group on October 21, 2024.
Where is BGM Group Ltd. headquartered?
BGM Group Ltd.'s business and mailing address is in Chengdu, China.
What industry does BGM Group Ltd. operate in?
BGM Group Ltd. operates in the Pharmaceutical Preparations sector, with SIC code 2834.
What are the reported retained earnings as of September 30, 2024?
The filing indicates retained earnings as of September 30, 2024, but the specific dollar amount is not directly extracted in this summary.
Filing Details
This Form 20-F/A (Form 20-F/A) was filed with the SEC on April 3, 2025 regarding BGM Group Ltd. (BGM).