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美股异动丨CIMG跌31.98%,为跌幅最大的中概股
Ge Long Hui· 2025-12-17 00:25
Group 1 - The core point of the article highlights significant declines in the stock prices of several Chinese concept stocks, with CIMG experiencing the largest drop of 31.98% [1] - CIMG's latest price is reported at 1.170, with a decrease of 0.550 and a trading volume of 1.7132 million [1] - Other notable declines include MENS down 31.22% to 15.400, CGTL down 18.63% to 0.952, NCRA down 18.60% to 1.050, and MASK down 17.05% to 0.3401 [1][1][1] Group 2 - The trading volume for MENS was 6.5639 million, while CGTL had a trading volume of 1.1541 million [1] - NCRA's trading volume was 0.4163 million, and MASK's trading volume was 1.8397 million [1][1]
CIMG Inc. Announces New Contract for Computing Power Equipment Sale with Contract Value of Approximately USD 106.5 Million
Prnewswire· 2025-12-15 13:35
Core Insights - CIMG Inc. has signed a sales contract for computing power equipment valued at approximately USD 106.5 million with a prominent commercial bank in China, marking a significant advancement in its computing power business segment [1][2] Company Overview - CIMG Inc. operates in the digital health industry, focusing on cryptocurrency strategies and leveraging AI and cryptocurrencies to enhance user acquisition and brand management for its clients [3]
CIMG Inc. Announces Execution of Computing Power Product Sales Contracts Totaling Approximately USD 1.779 Million via Subsidiaries
Prnewswire· 2025-12-08 14:30
Core Insights - CIMG Inc. has entered into two sales contracts for computing power products, totaling approximately USD 1,779,070, marking a significant step in its strategic expansion into the computing power sector [1][2][3] Group 1: Company Strategy - The expansion into the computing power sector is a strategic initiative launched in Q4 2025, following a partnership with Inspur Electronic Information Industry Co., Ltd. to distribute products through offline channels [2] - CIMG plans to intensify its focus on the computing power sector and accelerate business development in this area to enhance overall competitiveness and resilience [3] Group 2: Sales Contracts - Zhongyan Shangyue Technology Co., Ltd., a subsidiary of CIMG, signed a contract for the sale of 64 high-performance computing servers designed for ultra-high-density computing and AI large model training [7] - Beijing Xinmiao Shidai Technology Co., Ltd., another subsidiary, entered into a contract for the delivery of 145 NVIDIA graphics cards [7]
CIMG Inc. Honored as "Most Investable Company Award" at the 10th Zhitong Finance Capital Market Annual Conference
Prnewswire· 2025-12-04 13:00
Core Points - CIMG Inc. has been awarded the "Most Investable Company Award" at the 10th Zhitong Finance Capital Market Annual Conference held in Shenzhen, China on December 3, 2025 [1] - The award recognizes outstanding performance among listed companies in the Hong Kong and US stock markets, highlighting exceptional business models and operational performance [2][3] Company Overview - CIMG Inc. specializes in digital health and sales development, utilizing technology and marketing to enhance sales growth and commercial value for its business partners [1] - The company operates within the cryptocurrency and digital wellness industries, leveraging AI and cryptocurrencies to drive industry growth and maximize user acquisition [5] - CIMG's portfolio includes brands such as Kangduoyuan, Maca-Noni, Qianmao, Huomao, and Coco-mango [5] Industry Recognition - The Zhitong Finance Capital Market Annual Conference has become a benchmark event in the industry since its inception in 2016, earning acclaim from global investors [2] - The "Most Investable Company Award" specifically honors companies that consistently deliver value to investors while contributing positively to society through superior products or services [3]
CIMG Inc.'s Tokenized Stock to Launch Publicly on FlowStocks
Prnewswire· 2025-11-28 16:33
Core Viewpoint - CIMG Inc. has officially launched its tokenized stock, tIMG, for public trading on the FlowStocks platform, marking a significant step in the company's digital health and sales development strategy [1][2]. Group 1: Tokenization Details - The trading symbol for CIMG stock on FlowStocks is tIMG, with 15,000,000 shares fully transferred into a Special Purpose Vehicle (SPV) and registered under the Transfer Agent system [2]. - These shares have been tokenized on-chain at a 1:1 ratio, with tIMG tokens serving as the underlying asset backing for the token [2]. Group 2: Incentive Programs - In the initial phase of the tIMG launch, CIMG and FlowStocks will introduce incentive programs for purchasing tIMG, including token rewards for users who meet certain deposit or purchase thresholds [3]. Group 3: Company Overview - CIMG Inc. is a global business group in the digital health industry, leveraging AI and cryptocurrencies to drive industry growth and enhance client value [4]. - The company aims to provide greater convenience for investors through stock tokenization, which allows for round-the-clock access to tokenized equity trading [4].
CIMG Inc. Authorizes Individual Shareholder's Equity Tokenization with FlowStocks
Prnewswire· 2025-11-04 12:00
Core Insights - CIMG Inc. has entered into a tripartite agreement with FlowStocks and DYT INFO PTE. LTD. to authorize the tokenization of DYT's CIMG common stock on the FlowStocks platform [1][2] - The tokenized shares, trading under the symbol tIMG, will be available for trading on FlowStocks starting around November 20 [2] - This collaboration represents a significant shift in traditional equity trading, allowing CIMG's shares to benefit from blockchain technology's speed, transparency, and efficiency, with 24/7 market potential [3] Company Strategy - The initiative aligns with CIMG's strategy to enhance its presence in the global on-chain financial ecosystem and advance the tokenization of equity assets [4] - CIMG Inc. operates in the digital health industry, leveraging AI and cryptocurrencies to drive growth and maximize client value [4]
CIMG lnc(IMG) - 2025 Q4 - Annual Report
2025-11-03 21:11
Financial Performance - CIMG Inc. reported net revenues of $61,578 for the three months ended June 30, 2025, a decrease of 83.2% compared to $366,888 for the same period in 2024[16]. - The company's gross profit for the three months ended June 30, 2025, was $5,133, compared to a gross loss of $146,213 in the prior year, indicating a significant improvement in cost management[16]. - CIMG Inc. reported a net loss of $1,069,173 for the three months ended June 30, 2025, compared to a net loss of $1,440,197 for the same period in 2024, representing a 25.8% improvement[16]. - For the nine months ended June 30, 2025, the net revenues were $84,431, a significant decrease of 94.85% compared to $1,641,955 for the same period in 2024[95]. - The gross profit for the nine months ended June 30, 2025 was $20,612, compared to a gross loss of $178,185 for the same period in 2024[95]. - The net loss from continuing operations for the nine months ended June 30, 2025 was $2,990,047, an improvement from a net loss of $4,663,887 in the same period of 2024[95]. Expenses and Liabilities - Operating expenses for the three months ended June 30, 2025, were $1,117,290, down from $1,335,371 in the same period last year, reflecting a reduction of approximately 16.4%[16]. - Operating expenses for the nine months ended June 30, 2025 were $3,387,725, down 28.69% from $4,748,076 in the prior year[72][73]. - Current liabilities decreased to $2,671,985 as of June 30, 2025, from $6,238,323 as of September 30, 2024, a reduction of approximately 57.1%[14]. - The total current liabilities, including accounts payable and accrued expenses, decreased to $1,628,598 as of June 30, 2025, from $2,240,337 as of September 30, 2024[69]. - The accounts payable decreased to $482,000 as of June 30, 2025, down 56.17% from $1,098,582 as of September 30, 2024[69]. - Accrued expenses slightly increased to $1,146,598 as of June 30, 2025, compared to $1,141,755 as of September 30, 2024[69]. Assets and Capital - The total assets of CIMG Inc. increased to $13,309,302 as of June 30, 2025, compared to $5,587,655 as of September 30, 2024, indicating a growth of 138.5%[14]. - As of June 30, 2025, the company reported cash of $35,958 and working capital of $10,571,104[37]. - The company experienced a significant increase in cash used in operating activities, totaling $11,233,693 for the nine months ended June 30, 2025, compared to $4,270,542 for the same period in 2024[25]. - CIMG Inc. issued 19,457,618 shares of common stock for cash, raising approximately $9,561,299 during the reporting period[25]. - The company issued 6,000,000 shares of common stock for a total value of $1,068,480 at a purchase price of $0.17808 per share on June 2, 2025[112]. - The Company raised $4,000,000 through a private placement of convertible notes at a conversion price of $0.24 per share, maturing on August 31, 2026[128]. Strategic Initiatives - The company is focusing on expanding its co-packing services to other products complementary to its current offerings, aiming to enhance revenue streams[12]. - CIMG Inc. is transitioning from a focus on specialty coffee to a broader range of consumer food and beverage products, leveraging an online sales platform[28]. - The company plans to expand its sales and distribution channels in Asia, aiming to enhance its market reach and product offerings[28]. - The company completed the acquisition of Beijing Xilin and Huomao in March and April 2025, respectively, expanding its market presence in China[32]. - Zhongyan, a wholly-owned subsidiary of the Company, acquired 51% equity interest in Shenzhen Zhimeng Qiyang Technology Co., Ltd. for a total valuation of RMB13,000,000[129]. - The Company established a new wholly-owned subsidiary, Beijing Zhongyan Shangyue Holdings Co., LTD, on September 3, 2025[130]. Legal and Compliance - The Company is currently involved in ongoing legal proceedings related to the Kim Litigation and the Ex-Directors lawsuit, with no trial dates set[124][134]. - Mr. Sooncha Kim filed a complaint against the Company seeking $1,041,216 in damages for alleged breaches of a Convertible Note and Warrant Purchase Agreement[123]. - A judgment by default was entered against the Company for $58,920.34 in the Ex-Directors lawsuit, with total claims expected to reach $222,062.28 after amendments[126]. - The Company entered into a settlement agreement with a former employee, paying $125,000 to resolve a lawsuit[122]. - The Company believes it has a basis to defend against the claims in the Kim Litigation, although the outcome remains uncertain[125]. Financial Challenges - The company’s accumulated deficit increased to $85,335,700 as of June 30, 2025, compared to $82,344,722 as of September 30, 2024, reflecting a rise of 3.6%[14]. - The total accumulated deficit as of June 30, 2025, was $(85,335,700), reflecting ongoing financial challenges[25]. - The company anticipates needing to raise additional capital immediately to fund operations, with no assurance of obtaining funds on commercially acceptable terms[38]. - The company recognized a foreign currency translation loss of $(178,895) for the nine months ended June 30, 2025[25]. - The company recorded total accounts receivable of $75,630 as of June 30, 2025, compared to $3,450,141 as of September 30, 2024, reflecting a significant decrease[44][45]. - The company recorded an allowance for credit loss of $Nil as of June 30, 2025, compared to $3,450,141 as of September 30, 2024[44].
CIMG Inc's Subsidiary Becomes Authorized Distributor for Inspur Information, in a Strategic Move to Expand Into the High-Growth Computing Power Industry
Prnewswire· 2025-10-31 13:32
Core Insights - CIMG Inc. has announced that its subsidiary, Xinmiao Times, has been authorized as a distributor for Inspur Information, marking its entry into the computing power industry [1][2] - This partnership is expected to enhance CIMG's presence in the high-growth computing power sector and leverage Inspur's technology and ecosystem resources [2][3] Company Overview - CIMG Inc. specializes in digital health and sales development, utilizing technology and marketing to boost partners' sales growth [1] - The company employs AI and cryptocurrencies to drive industry growth and enhance user acquisition and brand management [3] Strategic Implications - The collaboration with Inspur aligns with CIMG's long-term strategy to deepen its presence in the computing power industry, aiming to build competitive advantages [3]
CIMG Inc. Appoints Mr. Wenlong Tong as its President
Prnewswire· 2025-10-09 12:30
Core Insights - CIMG Inc. has appointed Mr. Wenlong Tong as President to enhance its competitiveness in digital assets and diversify its industrial layout [1][3] - Mr. Tong brings extensive entrepreneurial experience and a successful track record in high-growth sectors such as Finance, Smart City initiatives, New Energy, and E-commerce [2] - The company aims to strengthen its computing power business and advance its Web3.0 strategy under Mr. Tong's leadership [3] Company Overview - CIMG Inc. specializes in digital health and sales development, leveraging technology and marketing to boost partners' sales growth and commercial value [4] - The company's brands include Kangduoyuan, Maca-Noni, Qianmao, Huomao, and Coco-mango, indicating a diverse product portfolio [4]
CIMG Inc. Establishes Hong Kong Subsidiary Braincoin Limited to Expand Global Computing Power Ecosystem
Prnewswire· 2025-09-30 13:00
Core Viewpoint - CIMG Inc. has established a subsidiary, Braincoin Limited, in Hong Kong to enhance its strategic expansion into the global computing power industry and advance its AI initiatives [1][2][4] Group 1: Company Expansion - The new subsidiary will act as a hub connecting mainland China with international markets, facilitating collaboration with global partners [2] - This move emphasizes the company's commitment to building a global computing power ecosystem and delivering cutting-edge AI solutions [4] Group 2: Business Models - Braincoin will operate under several business models starting in October, including the development and operation of AI computing centers for enterprises with high computing power demands [3][8] - The company will provide customized multi-modal enterprise AI assistants by integrating large AI models with clients' internal and industry-specific datasets [8] - Managed services will be offered to existing AI computing center clients, focusing on maintenance and operational support to enhance efficiency and reduce costs [8]