Company: IMG
Filing Date: 2025-12-17
Form Type: 8-K
Source: 0001493152-25-028158
Chunk: 1

Company: CIMG Inc.
Filing Date: 2025-12-17
Form: 8-K
Item: Item 1.01
Chunk 1
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 Framework Contract”)
with China Merchants Bank Co., Ltd. (“ CMB”).

Pursuant
to the IT Equipment Procurement Framework Contract, Zhongyan Shangyue agreed to supply CMB with certain computing power and server equipment,
including CPU servers and GPU servers, together with related installation, commissioning, warranty and maintenance services. The total
agreement value is approximately RMB 752.2 million (approximately USD 106.5 million), inclusive of value-added tax, with the final amount
subject to CMB’s inspection and acceptance. If CMB modifies its quantity requirements for the products, Zhongyan Shangyue is obligated
to supply the corresponding products upon receipt of notice from CMB, with the contract amount to be determined based on the actual quantities
ordered and accepted.

Under
the terms of the IT Equipment Procurement Framework Contract, Zhongyan Shangyue is required to deliver the equipment to designated locations
specified by CMB within 30 working days from the execution of this IT Equipment Procurement Framework Contract and to provide a warranty
period of 60 months from acceptance. Payment is to be made by CMB within 60 working days after acceptance of the products and receipt
of a valid value-added tax invoice.

The
IT Equipment Procurement Framework Contract contains customary representations, warranties, quality assurance obligations, service continuity
requirements, intellectual property protections, liquidated damages, force majeure provisions and dispute resolution terms.

The
foregoing description of the IT Equipment Procurement Framework Contract does not purport to be complete and is qualified in its entirety
by reference to the full text of the IT Equipment Procurement Framework Contract, a copy of which is filed as Exhibit 10.2 to this Current
Report on Form 8-K and incorporated herein by reference.

Item
2.01 Completion of Acquisition or Disposition of Assets.