Company: IMG
Filing Date: 2025-07-21
Form Type: 10-K
Source: 0001641172-25-020300
Chunk: 56

Company: CIMG Inc.
Filing Date: 2025-07-21
Form: 10-K
Item: Item 1A
Chunk 56
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igashida, our former
Chief Executive Officer and Director, under which we sold all issued and outstanding shares of our wholly-owned subsidiaries, NuZee KOREA
Ltd. and NuZee Investment Co., Ltd., to Mr. Higashida, which sale was completed in June 2024.

Since
July 2024, CIMG has been undergoing a transformation in digital marketing, distribution, and sales. As part of this transformation, we
have extended our sales and distribution network to include maca-infused food and beverages, reaffirming our commitment to reshaping
the online marketing, sales, and distribution landscape for consumer products.

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Maca,
a plant of the Brassicaceae family that originated in South America, has oval leaves and a rootstock shaped like a small round radish.
It is edible and renowned as a natural superfood. Maca is rich in nutrients, boasts high levels of essential nutrients, and is believed
to nourish and strengthen the human body. It is often referred to as “South American ginseng.” The primary cultivation regions
for maca include the Andes Mountains in South America and the Jade Dragon Snow Mountain in Lijiang, Yunnan, China.

CIMG
has successfully secured the exclusive distribution and sales rights for all maca products produced by Jiangsu Kangduoyuan Beverage Co.,
Ltd., a leading maca production base in Asia. These products include Maca Peptide Coffee, Maca-Noni, Maca Wine, Maca Purified Powder,
and other full-range offerings. Through a comprehensive digital marketing strategy, CIMG is optimistic in its ability to achieve sales
growth and enhance the Company’s enterprise value.

CIMG
aims to become a leading distributor of premium maca products, a natural superfood known for its numerous health benefits. Our business
focuses on sourcing, marketing, and distributing a wide range of maca-based dietary supplements, functional foods, and beauty products.
We operate with a commitment to providing high-quality, sustainably sourced products to consumers who seek to enhance their health and
wellness. Our products are sold through both online channels and a network of retail partners, including grocery stores, convenience
stores, and vending machines.

The
diagram below is our corporate structure as of the date of this report.

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Our
sources of revenue

Co-Packing
and Product Innovation

With
years of experience as a third-party contract packer for leading companies in the coffee beverage industry