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USD 442 million computing power framework for CIMG (Nasdaq: CIMG)

Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

CIMG Inc. reported that its wholly owned subsidiary Zhongyan Shangyue Technology Co., Ltd. entered into a framework contract with Zhongshishun Technology (Beijing) Co., Ltd. for the construction and operation of a computing power center in Beijing.

The framework contract has a potential total value of up to approximately USD 442 million over a two-year period and covers equipment supply, data center construction, system deployment, commissioning and ongoing maintenance. However, the project’s scope, timing, commercial terms and any revenues depend on future purchase orders, definitive agreements and other conditions, and there is no assurance the project will be implemented in whole or that the full contract value will be realized.

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Insights

CIMG announces a large, but highly conditional, USD 442 million computing power framework contract.

CIMG describes a framework contract under which subsidiary Zhongyan Shangyue would act as general contractor for a Beijing computing power center for Zhongshishun. The potential value is up to approximately USD 442 million over a two-year term, covering hardware, construction, deployment and maintenance services.

The agreement is explicitly a general cooperation framework. Implementation details such as scope, timing, equipment procurement, delivery, payment and other commercial arrangements require later purchase orders, work orders and definitive contracts. The text also stresses there is no assurance the project will be implemented fully or that the potential contract value will be realized.

Economically, this represents a possible entry into large-scale computing power infrastructure alongside CIMG’s digital health and sales development focus. Actual financial impact will depend on follow-on agreements and execution, which are not specified here, while typical risks around funding, competition and evolving digital asset and AI regulation are reiterated in the forward-looking statements disclaimer.

Item 7.01 Regulation FD Disclosure Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Potential contract value Up to approximately USD 442 million Total value of computing power framework contract, inclusive of tax
Contract period Two years Duration of the computing power framework contract
framework contract financial
"entered into a framework contract (the “Framework Contract”) for the construction and operation"
A framework contract is a standing agreement that sets the prices, terms and conditions under which a buyer and seller will place future orders over a set period, without committing to specific quantities up front. Think of it like a master subscription that makes repeat purchases faster and more predictable; for investors it signals a potential steady revenue pipeline and lower sales friction, while also noting that actual income depends on the volume of orders placed under the framework.
computing power center technical
"for the construction and operation of a computing power center with Zhongshishun"
forward-looking statements regulatory
"This press release contains information about the Company’s view of its future expectations, plans, and prospects that constitute forward-looking statements."
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
digital health financial
"CIMG Inc. ... a business group specializing in digital health and sales development"
Digital health involves the use of technology, such as apps, wearable devices, and online platforms, to monitor, manage, and improve people's health and healthcare. For investors, it represents a growing industry that combines healthcare with digital innovation, offering new ways to deliver medical services and track wellness, which can lead to advancements in patient care and potential business opportunities.
stablecoins financial
"leverages AI and cryptocurrencies (such as Bitcoin and stablecoins) to drive business growth"
Stablecoins are a type of digital currency designed to maintain a steady value, often linked to traditional currencies like the dollar or euro. They function like digital cash that offers the convenience of online transactions while avoiding the large price swings common with other cryptocurrencies. This stability makes them useful for investors and users who want a reliable way to store and transfer value without exposure to sudden market changes.
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Learn about SEC filing dates
false 0001527613 0001527613 2026-06-22 2026-06-22 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): June 22, 2026

 

CIMG Inc.

(Exact name of registrant as specified in its charter)

 

Nevada   001-39338   38-3849791

(State or other jurisdiction

of incorporation or organization

 

(Commission

File No.)

 

(IRS Employer

Identification No.)

 

Room R2, FTY D, 16/F, Kin Ga Industrial Building,

9 San On Street, Tuen Mun, Hong Kong

(Address of principal executive offices)

 

+ 852 70106695

(Registrant’s telephone number, including area code)

 

N/A

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Common Stock, $0.00001 par value   IMG   The Nasdaq Stock Market LLC

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

  

 

 

 

Item 7.01 Regulation FD Disclosure.

 

On June 22, 2026, CIMG Inc. (the “Company”) issued a press release (the “Press Release”) announcing that Zhongyan Shangyue Technology Co., Ltd. (“Zhongyan Shangyue”), a wholly-owned subsidiary of the Company, entered into a framework contract with Zhongshishun Technology (Beijing) Co., Ltd. (“Zhongshishun”) in connection with the proposed construction and operation of a computing power center project of Zhongshishun to be located in Beijing, China.

 

The framework contract sets forth a general cooperation framework for the proposed project. The implementation of the proposed project, including the scope, timing, equipment procurement, delivery, payment and other commercial arrangements, is subject to further arrangements, purchase orders, work orders, definitive agreements and/or satisfaction of other conditions, as applicable. There can be no assurance that the proposed project will be implemented in whole or in part, or that the Company will realize the full potential contract value described in the Press Release. A copy of the Press Release is furnished as Exhibit 99.1 to this Current Report on Form 8-K.

 

The information furnished under this Item 7.01, including Exhibit 99.1, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of such section, nor shall such information be deemed incorporated by reference into any filing of the Company under the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended, except as expressly set forth by specific reference in such filing.

 

Item 9.01 Financial Statements and Exhibits.

 

(d) Exhibits.

 

Exhibit No.   Description
99.1   The Press Release, dated June 22, 2026
104   Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

 

 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

 

  CIMG Inc.
     
Dated: June 22, 2026 By: /s/ Jianshuang Wang
  Name: Jianshuang Wang
  Title: Chief Executive Officer

 

 

 

 

Exhibit 99.1

 

CIMG Inc. Entered Framework Contract for Computing Power Services With Contract Value of Up To USD 442 Million

 

HONG KONG, June 22, 2026 — CIMG Inc. (“CIMG” or the “Company”) (Nasdaq: IMG; OTCID: CIMG), 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 wholly-owned subsidiary Zhongyan Shangyue Technology Co., Ltd. (“Zhongyan Shangyue”) entered into a framework contract (the “Framework Contract”) for the construction and operation of a computing power center with Zhongshishun Technology (Beijing) Co., Ltd. (“Zhongshishun”). Under the Framework Contract, Zhongyan Shangyue will act as the general contracting service provider, delivering full-range services, including comprehensive equipment supplies, computer room construction, system deployment and commissioning, as well as post-operation and a fixed period of maintenance for the computing power center project of Zhongshishun, to be located in Beijing, China.

 

The total contract value stands at up to approximately USD 442 million, inclusive of tax, with a contract period of two years.

 

Hardware procured for this project will cover certain cutting-edge mainstream computing power equipment in the industry, such as NVIDIA H100 and H200 series GPU servers, Inspur’s full lineup of high-performance servers, high-end core switches and high-speed network devices. Zhongyan Shangyue also plans to deliver full-scale services, such as basic software deployment and commissioning, with the goal to ensure high performance and high stability of the computing power center.

 

All products are manufactured in strict compliance with industrial standards to sustain the long-term and stable performance of the computing power center.

 

Pursuant to the Framework Contract, Zhongyan Shangyue will strictly abide by industrial technical standards in equipment delivery, installation and commissioning, multi-phase acceptance inspections and full life-cycle maintenance services. In addition, Zhongyan Shangyue intends to establish a comprehensive delivery and service system to ensure smooth project implementation and long-term efficient operations of the data center for Zhongshishun. For clarification purposes, the Framework Contract sets forth a general cooperation framework for the proposed project, the implementation of which, including the scope, timing, equipment procurement, delivery, payment and other commercial arrangements, is subject to further arrangements, purchase orders, work orders, definitive agreements and/or satisfaction of other conditions, as applicable. There can be no assurance that the proposed project will be implemented in whole or in part, or that the Company will realize the full potential contract value described in this press release.

 

Alice Wang, Chairman and CEO of CIMG, stated: “As the core foundation of the digital economy and artificial intelligence industry, the computing power sector boasts vast market potential and robust growth momentum. The execution of this large-scale order will not only generate steady and sustainable revenue for and increase profitability of the Company, but also further diversify our lines of business, effectively hedging cyclical risks from being in a single industry and building up the corporate resilience against certain industry-specific risks.”

 

 

 

 

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, risks associated with digital asset markets, evolving regulatory frameworks, and emerging AI-related technologies, 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

 

 

 

FAQ

What did CIMG Inc. (CIMG) announce in this 8-K filing?

CIMG Inc. announced that its subsidiary Zhongyan Shangyue entered into a framework contract with Zhongshishun to build and operate a computing power center in Beijing, outlining planned equipment supply, data center construction, deployment and maintenance services, subject to later detailed agreements and conditions.

What is the potential contract value of CIMG’s computing power framework deal?

The framework contract has a potential total value of up to approximately USD 442 million over two years. This figure includes tax and covers equipment, construction, deployment and maintenance services for the computing power center, but realization depends on future definitive agreements and project execution.

How long is the contract period for CIMG’s computing power project?

The computing power framework contract for CIMG’s subsidiary specifies a contract period of two years. During this time, Zhongyan Shangyue is expected to provide equipment, construction, system deployment, commissioning and maintenance services, assuming subsequent purchase orders and definitive agreements are executed as contemplated.

Is CIMG guaranteed to receive the full USD 442 million from this contract?

No, CIMG explicitly states there is no assurance the proposed project will be implemented in whole or that it will realize the full potential contract value. Actual revenues depend on future arrangements, purchase orders, work orders, definitive agreements and satisfaction of various conditions.

What technology is expected to be used in CIMG’s computing power center project?

The project is expected to use cutting-edge mainstream computing power equipment, including NVIDIA H100 and H200 series GPU servers, Inspur high-performance servers, high-end core switches, and high-speed network devices, alongside software deployment aimed at achieving high performance and stability for the computing power center.

How does this framework contract relate to CIMG’s existing business focus?

CIMG describes itself as a business group focused on digital health and sales development with a cryptocurrency-focused strategy. Management views this large computing power framework as a way to diversify business lines, potentially adding steady revenue while reducing reliance on a single industry, subject to successful implementation.

Filing Exhibits & Attachments

4 documents