Company: IMG
Filing Date: 2025-07-21
Form Type: 10-K
Source: 0001641172-25-020300
Chunk: 815

Company: CIMG Inc.
Filing Date: 2025-07-21
Form: 10-K
Item: Item 7
Chunk 815
---
 on internal control over financial reporting

Our
management, including our Chief Executive Officer and Chief Financial Officer, is responsible for establishing and maintaining
adequate internal control over financial reporting as defined in Exchange Act Rules 13a-15(f) and 15d-15(f). Our internal control
system was designed to provide reasonable assurance to our management and board of directors regarding the preparation and fair
presentation of published financial statements. Our management assessed the effectiveness of the Company’s internal control
over financial reporting as of the end of the period covered by this Report based on the criteria for effective internal control
described in Internal Control-Integrated Framework (2013) issued by the Committee of Sponsoring Organization of the Treadway
Commission (COSO). Based on this assessment, our management has concluded that the Company’s internal control over financial
reporting was not effective as of September 30, 2024.

As
we are a non-accelerated filer, our independent registered public accounting firm is not required to issue an attestation report on our
internal control over financial reporting.

Changes
In Internal Control Over Financial Reporting

There
are no changes in our internal control over financial reporting that occurred during the fiscal year ended September 30, 2024 that have
materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.

ITEM
9B. OTHER INFORMATION

None.

ITEM
9C. DISCLOSURE REGARDING FOREIGN JURISDICTIONS THAT PREVENT INSPECTIONS

Not
applicable.

57

PART
III

ITEM
10. DIRECTORS, EXECUTIVE OFFICERS AND CORPORATE GOVERNANCE.

Management
and Board of Directors

Our
Board of Directors (“Board”) is comprised of six directors. In addition to the information set forth below regarding our
directors and the skills that led our Board to conclude that these individuals should serve as directors, we also believe that all of
our directors have a reputation for integrity, honesty and adherence to the highest ethical standards. We believe they each have demonstrated
business acumen and an ability to exercise sound judgment, as well as a commitment of service to our Company and to their Board duties.

The
following persons currently serve as CIMG’s executive officers and directors. For biographical information concerning the executive
officers and directors, see below.

    Name 
    Age 
    Position(s)
    Held
  
    Executive
    Officers 

    Jianshuang