CIMG Inc. Secures $106.5 Million Computing Power Supply Deal With Major Chinese Bank

CIMG Inc. (IMG) has inked a substantial sales contract worth approximately $106.5 million with a prominent Chinese commercial bank for computing power equipment supplies. The nasdaq-listed company's subsidiary, Zhongyan Shangyue Technology Co., Ltd., brokered this significant agreement, which underscores a major expansion in the firm's computing infrastructure business operations.

Market sentiment reflected the positive news immediately, with CIMG shares surging to $1.95 in pre-market trading sessions, representing a notable 20% gain on the Nasdaq platform. This valuation movement demonstrates investor confidence in the company's computing power segment trajectory.

The computing power equipment contract represents a pivotal advancement for CIMG's business expansion strategy. According to the company's statement, this agreement is anticipated to generate consistent, predictable revenue streams and strengthen cash flow positions going forward. Such large-scale infrastructure contracts typically signal growing demand for computing solutions from China's financial institutions sector.

This latest contract development reinforces CIMG's competitive positioning within the computing power distribution market. The successful negotiation of a $106.5 million procurement agreement with a major financial institution validates the company's service quality and reliability standards in delivering specialized equipment solutions.

The agreement illustrates how major Chinese commercial banks are increasingly investing in computing power infrastructure—a critical contract milestone that positions CIMG favorably for additional business opportunities within China's financial technology ecosystem. The deal's materialization provides tangible evidence of sustained demand for computing capacity solutions among institutional buyers.