CIMG Inc. Secures Approximately $1.8 Million in Contracts
CIMG Inc. (NASDAQ: IMG) has taken a significant step forward as it announces the execution of sales contracts valued at around USD 1.779 million through its subsidiaries. This momentum highlights the company's commitment to innovation and growth in the computing power sector.
Details of the Sales Contracts
The contracts involve two of CIMG's wholly-owned subsidiaries, which have partnered with reputable companies to bolster their computing power offerings. Details of these contracts include:
High-Performance Computing Servers
Zhongyan Shangyue Technology Co., Ltd., one of CIMG's subsidiaries, has entered into a contract with Zhonghao Xinying Co., Ltd. for the procurement of 64 high-performance computing servers. These advanced servers are specifically designed to meet the needs of ultra-high-density computing and artificial intelligence (AI) training, positioning CIMG to excel in areas requiring substantial computational resources.
NVIDIA Graphics Cards Supply
Another subsidiary, Beijing Xinmiao Shidai Technology Co., Ltd., has contracted with Shanghai Yundeng Technology Co., Ltd. for the supply of 145 units of NVIDIA graphics cards. This strategic acquisition enhances CIMG's capability to deliver cutting-edge technological solutions aimed at optimizing performance in various computational environments.
CIMG's Strategic Expansion
This initiative is part of CIMG's broader strategy launched in the fourth quarter of 2025, focusing on expanding its presence in the computing power sector. The company recently solidified a partnership with Inspur Electronic Information Industry Co., Ltd., enabling them to distribute Inspur's products through offline channels. This collaboration marks a pivotal moment for CIMG as it broadens its product portfolio.
Building a Stronger Offline Network
Since the initiation of its strategic expansion, CIMG has been actively enhancing its offline sales network and has established dedicated sales teams in key areas of China. This approach will facilitate a closer connection with clients and promote robust sales growth in the region.
A Vision for the Future
Ms. Alice Wang, the Chairwoman and Chief Executive Officer of CIMG, expressed optimism about the company's newfound direction. She stated, "Our strategic expansion into the computing power industry signifies a promising new venture for us. The validations from our recently signed contracts encourage us to persist in this growth path, making computing power a critical aspect of our business model moving forward. We are dedicated to strengthening our roots within Mainland China while also looking to expand globally."
About CIMG Inc.
CIMG Inc. operates as a global business leader in the digital health industry, utilizing cryptocurrency strategies and artificial intelligence to propel industry growth. The company's focus on AI and cryptocurrencies, including Bitcoin and stablecoins, supports its mission to help clients maximize brand management and user acquisition. CIMG boasts a diverse product portfolio featuring brands like Kangduoyuan, Maca-Noni, Qianmao, Huomao, and Coco-mango, among others.
Frequently Asked Questions
What is the total value of contracts announced by CIMG Inc.?
The total value of the contracts announced by CIMG Inc. amounts to approximately USD 1.779 million.
What kind of products are involved in these contracts?
The contracts involve the supply of high-performance computing servers and NVIDIA graphics cards.
What is the focus of CIMG's expansion strategy?
CIMG is focused on expanding its presence in the computing power sector while also maintaining a strong base in Mainland China.
Who is the CEO of CIMG Inc.?
The Chairwoman and Chief Executive Officer of CIMG Inc. is Ms. Alice Wang.
What industries does CIMG Inc. operate in?
CIMG Inc. operates in the digital health industry, leveraging technology and cryptocurrency strategies to enhance its business offerings.