CIMG Inc. Announces Signing of Approximately $2.59 Million Sales Contract for Environmentally Friendly Wood Chip Raw Materials

Rhea-AI Summary

CIMG (Nasdaq: IMG) subsidiary Shenzhen Zhimeng Qiyang signed a sales agreement to deliver approximately 15,000 bone-dry metric tons of wood chips (eucalyptus, acacia, mixed) to Zhangzhou Yuncheng Trading, with a variance of up to 10% and a total contract value of approximately US$2.59 million.

Zhimeng expects to complete delivery by February 28, 2026. The company said the agreement should help stabilize its raw material supply chain and contribute positively to financial performance; CIMG noted it is working to file its delayed annual report to regain listing compliance.

News Market Reaction

-5.60%

3 alerts

-5.60% News Effect

+5.0% Peak Tracked

-$847K Valuation Impact

$14M Market Cap

0.0x Rel. Volume

On the day this news was published, IMG declined 5.60%, reflecting a notable negative market reaction. Argus tracked a peak move of +5.0% during that session. Our momentum scanner triggered 3 alerts that day, indicating moderate trading interest and price volatility. This price movement removed approximately $847K from the company's valuation, bringing the market cap to $14M at that time.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Contract value: US$2.59 million Wood chip volume: 15,000 bone-dry metric tons Volume variance: 10% +1 more

4 metrics

Contract value US$2.59 million Total value of new wood chip sales agreement

Wood chip volume 15,000 bone-dry metric tons Total wood chips to be supplied under contract

Volume variance 10% Allowed variance in contracted wood chip tonnage

Delivery deadline February 28, 2026 Expected completion date for contract deliveries

Market Reality Check

Price: $0.6290 Vol: Volume 56,592 vs 20-day a...

low vol

$0.6290 Last Close

Volume Volume 56,592 vs 20-day average 1,574,046, indicating muted trading ahead of this news. low

Technical Price at $0.9218 is 94.64% below the 52-week high of $17.20 and 2.42% above the 52-week low of $0.90, trading below the $5.49 200-day MA.

Peers on Argus

IMG was down 2.53% while peers showed mixed moves: NAII up 9.19%, FARM up 0.59%,...

1 Up

IMG was down 2.53% while peers showed mixed moves: NAII up 9.19%, FARM up 0.59%, BOF down 3.58%, and JVA down 1.57%. With no clear, coordinated direction across peers and only one momentum-scanner peer (ATPC) moving up, trading appeared stock-specific rather than sector-driven.

Historical Context

5 past events · Latest: Jan 20 (Positive)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Jan 20	Brand award	Positive	-7.1%	Baijiu brand Huo Mao received a 2025 craftsmanship heritage award in China.
Jan 05	Computing contracts	Positive	+1.7%	Entry into computing power industry with initial contracts totaling about $124 million.
Dec 29	Share authorization	Negative	-7.6%	Stockholders approved a large increase in authorized shares and units for up to $850M.
Dec 22	Supplier shortlisting	Positive	-9.2%	Subsidiary shortlisted as supplier candidate for Guangzhou Bank equipment procurement.
Dec 17	Bitcoin acquisition	Positive	+19.7%	Company bought 230 Bitcoin, bringing total holdings to 730 using internal capital.

Pattern Detected

Recent history shows mixed reactions: positive operational news and large contract wins have sometimes sold off, while Bitcoin-related news drew a strong positive move. Dilutive or capital-structure actions saw negative reactions.

Recent Company History

Over the last few months, CIMG announced several sizable initiatives, including computing power contracts with an aggregate value of approximately $124 million and a Bitcoin purchase that brought total holdings to 730 BTC. Shareholder approvals for up to $850,000,000 in unit financing and a major increase in authorized shares highlighted financing needs and dilution risk. Some operational wins, such as supplier shortlisting and brand recognition awards, coincided with share price declines, while the Bitcoin acquisition news on Dec 17, 2025 drew a strong positive reaction.

Market Pulse Summary

The stock moved -5.6% in the session following this news. A negative reaction despite this new US$2....

Analysis

The stock moved -5.6% in the session following this news. A negative reaction despite this new US$2.59 million wood chip contract would fit a pattern where operational announcements did not always support the share price. Past news on supplier wins and brand recognition sometimes coincided with declines. In that context, concerns around execution, financing structure, and recent listing-compliance disclosures could overshadow incremental contract wins and contribute to skepticism about the durability of any single commercial agreement.

Key Terms

bone-dry metric tons

1 terms

bone-dry metric tons technical

"supply a total of approximately 15,000 bone-dry metric tons of wood chips"

Bone-dry metric tons measure the mass of a bulk material after removing all moisture, expressed in metric tons (1,000 kilograms). Investors use this because moisture changes the apparent weight and usable content of commodities—like the difference between a wet sponge and the same sponge after it’s dried—so pricing, inventory levels, shipping costs and production yields are quoted on a dry basis to give a consistent, comparable measure of actual material value.

AI-generated analysis. Not financial advice.

HONG KONG, Jan. 29, 2026 /PRNewswire/ -- CIMG Inc. ("CIMG" or the "Company") (Nasdaq: IMG), a business group specializing in digital health and sales development, which utilizes technologies and marketing networks to enhance its business partners' sales growth and commercial value, today announced that its subsidiary, Shenzhen Zhimeng Qiyang Technology Co., Ltd. ("Zhimeng"), has entered into a sales agreement with Zhangzhou Yuncheng Trading Co., Ltd. ("Yuncheng Trading").

Under such agreement, 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%. Based on the pricing terms stipulated in the agreement, the total contract value is approximately US$2.59 million. Zhimeng expects to complete delivery by February 28, 2026. The execution of this agreement is expected to further stabilize the Company's raw material supply chain and contribute positively to its financial performance.

Alice Wang, Chairperson of the Board and Chief Executive Officer of CIMG Inc., stated, "The signing of this sales agreement helps the Company establish long-term, stable relationships with upstream and downstream partners, which aligns with our strategic development objectives. Currently, the Company is operating soundly, with steady performance growth across all business lines. Regarding the delayed submission of the annual report, the Company is working to complete and file the report as soon as practicable in order to regain compliance with listing requirements."

About CIMG

CIMG is a business group specializing in digital health and sales development, with a cryptocurrency-focused strategy. The Company leverages AI and cryptocurrencies (such as Bitcoin and stablecoins) to drive business growth, helping clients maximize user growth and enhance brand management value. The Company's current client portfolio includes brands such as Kangduoyuan, Maca-Noni, Qianmao, Huomao, and Coco-mango.

Forward-Looking Statements

This press release contains information about the Company's view of its future expectations, plans and prospects that constitute forward-looking statements. Actual results may differ materially from historical results or those indicated by these forward-looking statements as a result of a variety of factors including, but not limited to, risks related to the execution, timing, and realization of supply and sales contracts, risks and uncertainties associated with its ability to raise additional funding, its ability to maintain and grow its business, variability of operating results, its ability to maintain and enhance its brand, its development and introduction of new products and services, the successful integration of acquired companies, technologies and assets into its portfolio of products and services, marketing and other business development initiatives, competition in the industry, general government regulation, economic conditions, dependence on key personnel, the ability to attract, hire and retain personnel who possess the technical skills and experience necessary for its operations, and its ability to protect its intellectual property. The Company encourages you to review other factors that may affect its future results in its Annual Reports, Quarterly Reports, registration statements, and other filings with the Securities and Exchange Commission.

For more information, please contact:

CIMG Inc.
+ 852 70106695
http://www.ccmg.tech
ir@ccmg.tech 

 

View original content:https://www.prnewswire.com/news-releases/cimg-inc-announces-signing-of-approximately-2-59-million-sales-contract-for-environmentally-friendly-wood-chip-raw-materials-302674036.html

SOURCE CIMG Inc.

FAQ

What are the key terms of the CIMG (IMG) wood chip sales agreement signed January 29, 2026?

The contract covers about 15,000 bone-dry metric tons of wood chips with a ±10% variance and totals approximately US$2.59 million. According to CIMG, delivery is expected to be completed by February 28, 2026, and products include eucalyptus, acacia, and mixed wood.

How will the US$2.59 million contract affect CIMG (IMG) supply chain stability?

The company said the agreement should help stabilize its raw material supply chain by securing a defined volume and delivery timeline. According to CIMG, the binding sales terms and expected February 28, 2026 completion provide predictable sourcing and revenue visibility for the near term.

When does CIMG (IMG) expect to complete delivery under the Zhangzhou Yuncheng Trading contract?

CIMG expects to complete delivery by February 28, 2026, under the agreement. According to CIMG, the delivery schedule covers the full ~15,000 bone-dry metric tons (subject to a 10% variance), providing a clear near-term fulfillment deadline for the seller and buyer.

What product types are included in CIMG (IMG)'s wood chip contract with Yuncheng Trading?

The contract includes eucalyptus, acacia, and mixed wood chips as the supplied raw materials. According to CIMG, these wood chip types are specified in the sales agreement covering approximately 15,000 bone-dry metric tons with a contract value near US$2.59 million.

Did CIMG (IMG) comment on its annual report and compliance in relation to the January 29, 2026 announcement?

CIMG said it is working to complete and file its delayed annual report to regain compliance with listing requirements. According to CIMG, the company is operating soundly with steady performance growth while it addresses the delayed filing as soon as practicable.