CIMG Inc. Subsidiary Shortlisted as Supplier Candidate for Guangzhou Bank Equipment Procurement with a Total Benchmark Bid Amount of Approximately US$15.95 Million
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).
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
Details
News Market Reaction – IMG
On Dec 22, the day this news came out, IMG closed 9.15% below the previous close.
Data tracked by StockTitan Argus for the Dec 22 session.
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
Historical Context
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Purchase of 230 Bitcoin, bringing total holdings to 730 BTC.
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USD 106.5M computing power equipment contract with major Chinese bank.
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Two computing power sales contracts totaling about USD 1.779M.
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Recognition as “Most Investable Company” at capital markets conference.
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20-for-1 reverse split to address Nasdaq compliance and capital structure.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
cpu servers technical
solid-state drives technical
AI-generated analysis. How Rhea-AI works. Not financial advice.
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
View original content:SOURCE CIMG Inc.
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