CIMG Inc. Subsidiary Shortlisted as Supplier Candidate for Guangzhou Bank Equipment Procurement with a Total Benchmark Bid Amount of Approximately US$15.95 Million

Rhea-AI Summary

CIMG (Nasdaq: IMG) announced that its subsidiary Beijing Xinmiao Shidai was shortlisted as a candidate supplier for Bank of Guangzhou 2025 server procurement, with a total benchmark bid amount of approximately US$15.95 million (tax-inclusive).

On Dec 10, 2025 Xinmiao Shidai signed a Framework Agreement for Shortlisted Equipment Suppliers establishing a two-year partnership under which Xinmiao Shidai will offer Inspur-manufactured CPU servers, hard disks, and SSDs. Guangzhou Bank will run demand-based price inquiries or bidding among shortlisted suppliers and award specific supply contracts per its procurement policies.

Positive

• Framework agreement signed on Dec 10, 2025
• Benchmark bid amount of ~US$15.95M (tax-inclusive)
• Two-year supplier partnership with Bank of Guangzhou
• Inspur-manufactured servers, HDDs, and SSDs named

Negative

• No guaranteed purchase — awards depend on future bids
• Supply contracts contingent on bank procurement policies

Key Figures

Benchmark bid amount US$15.95 million Total benchmark bid amount for Guangzhou Bank 2025 server procurement (tax-inclusive)

Agreement term 2 years Validity period of Framework Agreement for shortlisted equipment suppliers

Market Reality Check

$1.15 Last Close

Volume Volume 2,394,088 is about 1.26x the 20-day average 1,899,439, signaling elevated interest ahead of this contract update. normal

Technical Shares at $1.42 trade well below the 200-day MA of $6.64 and about 95.07% under the 52-week high, despite being 25.31% above the 52-week low.

Peers on Argus 2 Up

IMG gained 20.34% while sector peers showed mixed, smaller moves; scanner flagged FARM up 6.36% and LSF up 9.09% without news, suggesting today’s jump is primarily stock-specific.

Historical Context

Date	Event	Sentiment	Move	Catalyst
Dec 17	Bitcoin accumulation	Positive	+19.7%	Purchase of 230 Bitcoin, bringing total holdings to 730 BTC.
Dec 15	Large bank contract	Positive	+6.2%	USD 106.5M computing power equipment contract with major Chinese bank.
Dec 08	Smaller sales contracts	Positive	-14.7%	Two computing power sales contracts totaling about USD 1.779M.
Dec 04	Investor award	Positive	-11.8%	Recognition as “Most Investable Company” at capital markets conference.
Dec 03	Reverse stock split	Negative	-33.8%	20-for-1 reverse split to address Nasdaq compliance and capital structure.

Pattern Detected

Recent positive operational and crypto-related news often saw sizable moves, but reactions have been mixed, with some strong selloffs on otherwise favorable announcements and a sharp drop on the reverse split.

Recent Company History

Over the last month, IMG reported several notable developments. On Dec 3–5, 2025 it executed a 20-for-1 reverse split and later received a “Most Investable Company Award,” yet shares fell double digits on both days. Subsequent computing power sales contracts worth about USD 1.779 million and a larger USD 106.5 million bank equipment contract drew divergent price reactions, including a -14.68% move and a 6.17% gain. A 230 Bitcoin purchase on Dec 17, 2025 coincided with a 19.66% rise. Today’s bank tender shortlisting fits the recent shift toward computing power and financial-institution contracts.

Market Pulse Summary

The stock moved -9.2% in the session following this news. A negative reaction despite contract-related news would fit IMG’s mixed pattern, where positive announcements sometimes preceded declines, such as the -14.68% move after smaller computing contracts and the -11.85% move following an investor award. Investors have also contended with a 20-for-1 reverse split and significant equity issuance highlighted in filings. In that context, skepticism around long-term sustainability of new contracts or concerns about future financing could weigh on sentiment.

Key Terms

cpu servers technical

"Xinmiao Shidai will offer CPU servers, hard disks, and solid-state drives"

CPU servers are computers designed to run business applications and process data using central processors—the “brains” that handle general-purpose tasks like calculations, transaction processing, and running software. Investors care because the type, performance and efficiency of these servers affect a company’s costs, speed of operations and ability to scale computing needs—much like choosing a reliable delivery fleet determines how fast and cheaply a business can serve customers.

solid-state drives technical

"CPU servers, hard disks, and solid-state drives manufactured by Inspur Group"

Solid-state drives are storage devices that hold computer data on electronic memory chips rather than on spinning disks, so they have no moving parts. For investors, they matter because they speed up devices, use less power, and last longer than traditional hard drives—traits that can lower costs, raise product value, and shift demand across industries from consumer electronics to data centers, affecting company sales, margins, and supply chains.

AI-generated analysis. Not financial advice.

BEIJING, Dec. 22, 2025 /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, Beijing Xinmiao Shidai Technology Development Co., Ltd. ("Xinmiao Shidai"), participated in Bank of Guangzhou Co., Ltd.'s ("Guangzhou Bank") 2025 server procurement tender and has been shortlisted as a candidate supplier with a total benchmark bid amount of approximately US$15.95 million (tax-inclusive). On December 10, 2025, Xinmiao Shidai entered into a Framework Agreement for Shortlisted Equipment Suppliers (the "Agreement") with Guangzhou Bank, formally establishing a partnership.

Under the Agreement, Xinmiao Shidai will offer CPU servers, hard disks, and solid-state drives manufactured by Inspur Group Co., Ltd. The Agreement is valid for two years. During this period, Guangzhou Bank will, based on demand, carry out price inquiries or invite bids among the shortlisted suppliers in batches, and determine the winning supplier in accordance with its procurement policies before executing the corresponding supply contracts.

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 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. There can be no assurance that the Company and the counterparty will enter into a supply contract. The Company encourages you to review other factors that may affect its future results in the Company's Annual Reports on Form 10-K and its other filings with the Securities and Exchange Commission.

For more information, please contact:

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

 

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SOURCE CIMG Inc.

FAQ

What did CIMG announce about the Bank of Guangzhou procurement on Dec 22, 2025?

CIMG said its subsidiary Xinmiao Shidai was shortlisted and signed a Dec 10, 2025 two-year framework agreement for a benchmark bid of ~US$15.95M.

What products will Xinmiao Shidai supply to Guangzhou Bank under the IMG agreement?

Xinmiao Shidai will offer CPU servers, hard disks, and solid-state drives manufactured by Inspur.

Does the framework agreement guarantee Guangzhou Bank will buy US$15.95M from IMG?

No; the US$15.95M is a benchmark bid amount and actual purchases depend on future bids and demand.

How long is the supplier framework agreement between IMG subsidiary and Guangzhou Bank valid?

The Agreement is valid for two years from the effective date.

How will Guangzhou Bank select winning suppliers under the IMG framework?

Guangzhou Bank will carry out price inquiries or invite bids among shortlisted suppliers and award contracts per its procurement policies.