CIMG Inc. Announces Framework Contract for Beijing Computing Power Center

What Happened
On June 22, 2026, CIMG Inc. announced via press release (filed on Form 8-K, Item 7.01) that its wholly owned subsidiary, Zhongyan Shangyue Technology Co., Ltd., entered a framework contract with Zhongshishun Technology (Beijing) Co., Ltd. The contract outlines a general cooperation framework for the proposed construction and operation of a computing power center in Beijing, China. The company made clear that implementation — including scope, timing, equipment procurement, delivery, payment and other commercial terms — depends on further arrangements, purchase orders, work orders, definitive agreements and other conditions.

Key Details

• Date filed: June 22, 2026 (Press Release furnished as Exhibit 99.1).
• Parties: Zhongyan Shangyue (CIMG subsidiary) and Zhongshishun Technology (Beijing) Co., Ltd.
• Project: Proposed construction and operation of a computing power center in Beijing.
• Contract status: Framework agreement only; no assurance the project will be implemented or that CIMG will realize any projected contract value.

Why It Matters
This is an early-stage commercial development that could lead to future business and revenue if definitive agreements and project execution occur. However, the filing stresses the arrangement is preliminary — not a binding, detailed contract — so investors should view it as a potential opportunity rather than a guaranteed revenue source. The 8-K is a Regulation FD disclosure providing transparency about the company’s discussions and potential expansion into computing infrastructure in China.