CIMG Inc. Signs Initial Computing Power Contracts Worth $124 Million

Reuters01-05

<a href="https://laohu8.com/S/IMG">CIMG Inc</a>. Signs Initial Computing Power Contracts Worth $124 Million

CIMG Inc. announced the execution of initial computing power-related commercial contracts through its subsidiaries, with an aggregate contract value of approximately $124 million in the fourth quarter of 2025. The contracts and framework agreements are subject to customary conditions, including customer order quantities, inspections, and acceptance. Additionally, CIMG's subsidiary, Beijing Xinmiao Shidai Technology Development Co., Ltd., was shortlisted in Bank of Guangzhou Co., Ltd.'s 2025 server procurement tender with a benchmark bid amount of approximately $15.95 million, and entered into a framework agreement to provide hardware including CPU servers, hard disks, and solid-state drives manufactured by Inspur Group Co., Ltd. The framework agreement does not obligate Guangzhou Bank to purchase a minimum quantity, and final contract awards have not been guaranteed.

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. CIMG Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: CN56173) on January 05, 2026, and is solely responsible for the information contained therein.

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Signs Initial Computing Power Contracts Worth $124 Million\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        CIMG Inc. announced the execution of initial computing power-related commercial contracts through its subsidiaries, with an aggregate contract value of approximately $124 million in the fourth quarter of 2025. The contracts and framework agreements are subject to customary conditions, including customer order quantities, inspections, and acceptance. Additionally, CIMG's subsidiary, Beijing Xinmiao Shidai Technology Development Co., Ltd., was shortlisted in Bank of Guangzhou Co., Ltd.'s 2025 server procurement tender with a benchmark bid amount of approximately $15.95 million, and entered into a framework agreement to provide hardware including CPU servers, hard disks, and solid-state drives manufactured by Inspur Group Co., Ltd. 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