IMG News & Events

As of September 30, 2025, the Company held approximately 500 Bitcoins with a total value of approximately $57.05 million, based on Bitcoin market prices as of that date. Primarily supported by its digital asset reserves, the Company's total assets increased by approximately 1,227% year-on-year. Alice Wang, Chairman and CEO of CIMG, commented:"2025 was a pivotal year for the Company to achieve strategic transformation and performance breakthroughs. During the reporting period, we optimized our business structure and fully focused on the two high-growth core sectors: AI computing infrastructure and digital health. Driven by the launch of new businesses, the progress of major contracts, and refined management, the Company achieved substantial revenue growth and a significant reduction in net loss, highlighting the effectiveness of our corporate strategy. Moving forward, the Company will continue to deepen its layout in the AI computing business, remain committed to its digital assets strategy, and may increase its Bitcoin holdings from time to time based on market conditions and corporate strategy, so as to strengthen corporate assets, enhance core competitiveness, and create sustainable value for shareholders, customers and partners."

CIMG Inc. announced that its wholly owned subsidiary, DZR Tech, entered into a definitive share purchase agreement on February 5 with the sole shareholder of Daren Business Technology to acquire 100% of the issued and outstanding equity interests in Daren. The transaction is subject to the completion of customary closing conditions, including the satisfactory completion of due diligence. The Company expects the parties to complete the closing within 30 days following the execution of the Agreement. Under the Agreement, the aggregate purchase consideration will be paid in the form of shares of the Company held in escrow, with an aggregate value of approximately $40M. These escrowed shares will be released in four phases over approximately 3.5-year assessment period from April 2026 through September 2029, based on the Target Company's achievement of specified performance targets. The release ratios for each phase are set at 6%, 14%, 28%, and 52%, respectively. Performance Targets are as follows: April 1, 2026 - September 30, 2026: the Target Company shall achieve audited revenue of no less than $29M; October 1, 2026 - September 30, 2027: the Target Company shall achieve audited revenue of no less than $71M; October 1, 2027 - September 30, 2028: the Target Company shall achieve audited revenue of no less than $143M;October 1, 2028 - September 30, 2029: the Target Company shall achieve audited revenue of no less than $257M. The value and number of escrowed shares subject to release are subject to adjustment in accordance with the terms of the Agreement. If the applicable performance targets are not achieved for any assessment period, the portion of the escrowed shares allocated to such period will be reduced in accordance with the Agreement and the unreleased shares will be canceled. If the cumulative performance targets are exceeded, such excess performance may be applied to offset any shortfalls from prior assessment periods.

CIMG Inc. subsidiary Beijing Xinmiao Shidai has entered into five sales contracts for computing power hardware equipment with multiple companies, including Guangzhou Liangjingjing Technology, Tianjin Herunsheng, Tianjin Weixinda and Tianjin Lanhai , executed between December 2025 and January 2026. The total contract value, including taxes, amounts to approximately $2M. The products covered by these contracts include two main categories, computing servers and power electronic components.

CIMG Inc. subsidiary Shenzhen Zhimeng has entered into a sales agreement with Zhangzhou Yuncheng Trading under which Zhimeng will supply a total of approximately 15,000 bone-dry metric tons of wood chips, including eucalyptus, acacia, and mixed wood chips, to Yuncheng Trading, subject to a variance of up to 10%. Total contract value is approximately $2.59M. Zhimeng expects to complete delivery by February 28.