CIMG Inc. announced the execution of initial computing power-related commercial contracts through its subsidiaries, totaling approximately $124 million in aggregate contract value in the fourth quarter of 2025. The company signed multiple sales contracts and framework agreements, which are subject to customary conditions, order quantities, inspections, and acceptance. Notably, 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, though this does not represent a final contract value or guarantee of award. Additionally, on December 10, 2025, Xinmiao Shidai entered into a framework agreement with Guangzhou Bank to offer CPU servers, hard disks, and solid-state drives manufactured by Inspur Group Co., Ltd. The agreement does not obligate Guangzhou Bank to purchase a minimum quantity.
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 EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-000802), on January 07, 2026, and is solely responsible for the information contained therein.
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