BIMI International Medical

BIMI International Medical, Inc. engages in the provision of healthcare products and services. It operates through the following segments: Wholesale Pharmaceuticals, Wholesale Medical Devices, Medical Services, and Retail Pharmacies. The Wholesale Pharmaceuticals segment includes supplying prescription and OTC medicines, TCM, healthcare supplies and sundry items to clinics, third party pharmacies, hospitals, and other drug vendors. The Wholesale Medical Devices segment distributes medical devices, including medical consumables to drug stores, private clinics, pharmaceutical dealers and hospitals. The Medical Services segment includes the hospitals acquired in 2021.The Retail Pharmacy segment sells prescription and OTC medicines, traditional Chinese medicines (“TCM”), healthcare supplies, and sundry items to retail customers through its directly-owned pharmacies and authorized retail stores. The company was founded on October 31, 2000 and is headquartered in Chongqing, China.

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BIMI International Medical, Inc. engages in the provision of healthcare products and services. It operates through the following segments: Wholesale Pharmaceuticals, Wholesale Medical Devices, Medical Services, and Retail Pharmacies. The Wholesale Pharmaceuticals segment includes supplying prescription and OTC medicines, TCM, healthcare supplies and sundry items to clinics, third party pharmacies, hospitals, and other drug vendors. The Wholesale Medical Devices segment distributes medical devices, including medical consumables to drug stores, private clinics, pharmaceutical dealers and hospitals. The Medical Services segment includes the hospitals acquired in 2021.The Retail Pharmacy segment sells prescription and OTC medicines, traditional Chinese medicines (“TCM”), healthcare supplies, and sundry items to retail customers through its directly-owned pharmacies and authorized retail stores. The company was founded on October 31, 2000 and is headquartered in New York, NY.

NEW YORK, Feb. 03, 2022 (GLOBE NEWSWIRE) -- BIMI International Medical Inc. (NASDAQ: BIMI) (“BIMI” or the “Company”), a healthcare products and services provider, today announced that on February 1, 2022, the Company entered into an Amendment and Settlement Agreement to amend the Stock Purchase Agreement relating to the acquisition of Chaohu Zhongshan Minimally Invasive Hospital (“Zhongshan Hospital”) dated in December 2020. The Amendment reduces post-closing performance targets and payments and settles certain payments as a result of such amendment.

BIMI Announces Amendment to Stock Purchase Agreement of Chaohu Zhongshan Minimally Invasive Hospital

NEW YORK, Feb. 02, 2022 (GLOBE NEWSWIRE) --  BIMI International Medical Inc. (NASDAQ: BIMI) (“BIMI” or the “Company”), a healthcare products and services provider, today announced a 1-for-5 reverse split of its common stock effective today at 5:00 PM EST. Beginning on February 3, 2022, the Company's common stock will trade on Nasdaq on a split adjusted basis.

BIMI Announces 1-for -5 Reverse Stock Split

NEW YORK, Dec. 21, 2021 (GLOBE NEWSWIRE) -- BIMI International Medical Inc. (NASDAQ: BIMI) (“BIMI” or the “Company”) today announced that it has signed a stock purchase agreement with Bengbu Mali OB-GYN Hospital (the “Mali Hospital”), also known as Bengbu Mali Maternity Hospital.

BIMI International Medical Inc. Signs Stock Purchase Agreement With Bengbu Mali OB-GYN Hospital

The stock price of BIMI International Medical Inc. (NASDAQ: BIMI) increased by over 15% pre-market today. This is why it happened.

BIMI International Medical (BIMI) Stock: Why The Price Jumped Today

BIMI International Medical Inc. (NASDAQ: BIMI) (“BIMI” or the “Company”), a healthcare products and services provider, today announced that it has entered into a Securities Purchase Agreement (the “SPA”) with two institutional investors (the “Holders”) to sell certain senior secured convertible notes of the Company in a private placement in the aggregate principal amount of $7,800,000 in the aggregate original principal amount of $6,500,000, representing an aggregate original issue discount of 20% (the “Convertible Notes”). The Convertible Notes do not bear interest except upon the occurrence of certain events of default.

BIMI International Medical Inc. Announces Pricing of $7.8 million Private Placement

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BIMI International Medical (NASDAQ: BIMI) is a leading healthcare services and products provider that recently announced its third-quarter financial for 2021 and went up by 60%.  How does top brass feel about this?

Bimi International up 60% after announcing third-quarter results

BIMI International Medical (BIMI) stock is on the rise Tuesday and we're diving into all the latest details about the company. The post BIMI Stock: 10 Things to Know About BIMI International Medical as Shares Rocket appeared first on InvestorPlace.

BIMI Stock: 10 Things to Know About BIMI International Medical as Shares Rocket

The stock price of Bimi International Medical Inc (NASDAQ: BIMI) increased by over 60% pre-market today. This is why it happened.

Bimi International Medical (BIMI) Stock: Why The Price Surged Today

NEW YORK, Nov. 15, 2021 (GLOBE NEWSWIRE) -- BIMI International Medical Inc. (NASDAQ: BIMI) (“BIMI” or the “Company”), a leading healthcare products and services provider, today announced its unaudited financial results for the third quarter ended September 30, 2021.

BIMI International Medical Inc. Announces Third Quarter 2021 Financial Results

BIMI International Medical Inc. (NASDAQ: BIMI) (“BIMI” or the “Company”), a leading healthcare products and services provider, today announced that shareholders have approved the two proposals voted on at the Registrant's special meeting of shareholders held on November 5, 2021.

BIMI International Medical Inc. Announces Results of Special Meeting

NEW YORK, Nov. 08, 2021 (GLOBE NEWSWIRE) -- BIMI International Medical Inc. (NASDAQ: BIMI) (“BIMI” or the “Company”), a leading healthcare products and services provider, today announced that it has signed a Memorandum of Understanding (MoU) for the acquisition 100% interest of Bengbu Mali Maternity Hospital through BIMI's common shares at the price of $3.00 per share.

BIMI International Medical Inc. Signs MoU to Acquire Bengbu Mali Maternity Hospital

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NEW YORK, Sept. 14, 2021 (GLOBE NEWSWIRE) -- BIMI International Medical Inc. (NASDAQ: BIMI) (“BIMI” or the “Company”), a leading healthcare products and services provider in China, today announced that it entered into a Stock Purchase Agreement (the “Agreement”) on September 10, 2021, to acquire Chongqing Zhuoda Pharmaceutical Co., Ltd. (“Zhuoda”), a wholesale supplier of pharmaceuticals and medical equipment, including over 1,220 pharmaceutical products, thousands of Chinese herbal medicines and more than 50 types of medical equipment.

BIMI International Medical Inc. Signs Stock Purchase Agreement to Acquire Chongqing Zhuoda Pharmaceutical Co., Ltd.

NEW YORK, July 19, 2021 (GLOBE NEWSWIRE) -- BIMI International Medical Inc. (NASDAQ: BIMI) (“BIMI” or the “Company”), a leading healthcare products and services provider in China, today announced the appointment of Amy Xue as the Company's new Chief Financial Officer, effective July 15, 2021.

BIMI International Medical Inc. Announces Appointment of New Chief Financial Officer

NEW YORK, June 28, 2021 (GLOBE NEWSWIRE) -- BIMI International Medical Inc. (NASDAQ: BIMI) (“BIMI” or the “Company”), a leading healthcare products and services provider in China, today announced that on June 15, 2021, the shareholders of the Company approved an amendment to the Company's certificate of incorporation to change the Company's name from BOQI International Medical Inc. to BIMI International Medical Inc. The Company's common stock traded under the new name and the same symbol “BIMI”.

BIMI International Medical Inc. Announces Corporate Name Change

NEW YORK, May 24, 2021 (GLOBE NEWSWIRE) --  BOQI International Medical Inc. (NASDAQ: BIMI) (“BIMI” or the “Company”), a leading healthcare products and services provider in China, today announced its financial results for the first quarter ended March 31, 2021.

BOQI International Medical Announces First Quarter 2021 Financial Results

NEW YORK, May 12, 2021 (GLOBE NEWSWIRE) -- BOQI International Medical Inc. (NASDAQ: BIMI) (“BIMI” or the “Company”), a leading healthcare products and services provider in China, today announced that it had completed the acquisition of three private hospitals in China, namely Wuzhou Qiangsheng Hospital, Suzhou Eurasia Hospital and Yunan Yuxi Minkang Hospital.

BOQI International Medical Inc. Announces Closing of the Acquisition of Wuzhou Qiangsheng Hospital, Suzhou Eurasia Hospital and Yunan Yuxi Minkang Hospital

NEW YORK, April 01, 2021 (GLOBE NEWSWIRE) -- BOQI International Medical Inc. (NASDAQ: BIMI) (“BIMI” or the “Company”) announced its financial results for the fiscal year ended December 31, 2020.

BOQI International Medical Announces Fiscal Year 2020 Financial Results

The stock price of BOQI International Medical Inc (NASDAQ: BIMI) is trading at over 5% pre-market. This is why it happened.

BIMI Stock Price Increased Over 5% Pre-Market: Why It Happened

NEW YORK, March 25, 2021 (GLOBE NEWSWIRE) -- BOQI International Medical Inc. (NASDAQ: BIMI) (“BIMI” or the “Company”) today announces the signing of a Memorandum of Understanding (“MOU”) with two individual sellers (“Sellers”) on March 24, 2021, with the intent of acquiring three hospitals, Yunnan Yuxi Minkang Hospital, Wuzhou Qiangsheng Hospital, and Suzhou Eurasia Hospital (“Hospitals”). The Sellers own 100% of the shares of these three companies.

BOQI International Medical Inc. Enters into MOU to Acquire 3 Hospitals

NEW YORK, March 01, 2021 (GLOBE NEWSWIRE) -- BOQI International Medical Inc. (NASDAQ: BIMI) (“BIMI” or the “Company”) today announced that it closed a private placement of $5,400,000 of its senior convertible notes (the “Convertible Notes”) to two existing institutional investors (the “Investors”).  The closing took place on February 26, 2021.

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