A Study of BGM0504 in Early T2DM With Obesity

Inclusion Criteria: * ○ Have been diagnosed with type 2 diabetes mellitus (T2DM)， disease duration ≤5 years, treatment naïve with ≥8 weeks diet/exercise, or off antidiabetic therapy ≥8 weeks prior to screening. * BMI 28.0-35.0 kg/m² at screening, with stable weight (±5%) for 3 months prior to screening. * Have HbA1c between ≥7.5% and ≤10.5% at screening. * FPG ≤15.0 mmol/L at screening. * If hypertensive: SBP \<180 mmHg and DBP \<110 mmHg at enrollment, on stable (≥2 weeks) ≤2 antihypertensives, or no medication with diet/exercise ≥4 weeks. * Willing to comply with protocol, use effective contraception, and provide informed consent. Exclusion Criteria: * ● Previous diagnosis of type 1 diabetes, special type diabetes or gestational diabetes. * Prior use of antidiabetics or systemic glucocorticoids within 8 weeks, prior GLP-1/GIP/GCG receptor agonists with intolerance/poor response, or weight-loss drugs within 3 months. * History of acute/chronic pancreatitis. * Medullary thyroid carcinoma, MEN 2A/2B, or family history. * Malignancy within 5 years (except treated BCC/SCC, cervical/PSC/thyroid papillary carcinoma in situ with no recurrence). * Severe cardiac conditions within 6 months: NYHA III/IV HF, unstable angina, MI, CABG/stent, severe arrhythmias. * Hemorrhagic or ischemic stroke within 6 months. * Severe renal disease or eGFR ≤60 mL/min/1.73 m² (CKD-EPI). * Pregnant or lactating woman. * Prior clinical trial participation with investigational drug or device within 3 months. * Other situations that are deemed as inappropriate for participation by investigators.