Company: IMG
Filing Date: 2025-07-21
Form Type: 10-K
Source: 0001641172-25-020300
Chunk: 2

Company: CIMG Inc.
Filing Date: 2025-07-21
Form: 10-K
Item: Item 1A
Chunk 2
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 Renminbi may have a material adverse effect on your investment. (see page 32)

    ●
    Restrictions
    on currency exchange may limit our ability to receive and use our revenue effectively. (see page 32)

    ●
    Our
    subsidiary in China is subject to restrictions on making dividends and other payments to us. (see page 32)

    ●
    Uncertainties
    with respect to the PRC legal system could have a material adverse effect on us. (see page 33)

    ●
    The
    PRC’s legal and judicial system under special circumstances may not adequately protect our business and operations and the
    rights of foreign investors. (see page 33)

    ●
    Certain
    PRC regulations, including the M&A Rules and national security regulations, may require a complicated review and approval process
    which could make it more difficult for us to pursue growth through acquisitions in China. (see page 33)

    ●
    PRC
    regulation of loans and direct investment by offshore holding companies to PRC entities may delay or prevent us from making loans
    or additional capital contributions to the PRC Subsidiaries and affiliated entities, which could harm our liquidity and our ability
    to fund and expand our business. (see page 34)

    ●
    We
    must remit offering proceeds to China in a future securities issuance before they may be used to benefit our business in China, the
    process of which may be time-consuming, and we cannot assure that we can complete all necessary governmental registration processes
    in a timely manner. (see page 34)

    ●
    A
    failure by the beneficial owners of our shares who are PRC residents to comply with certain PRC foreign exchange regulations could
    restrict our ability to distribute profits, restrict our overseas and cross-border investment activities and subject us to liability
    under PRC law. (see page 35)

    ●
    We
    may be subject to fine due to our insufficient payment of the social insurance and housing fund of the employees. (see page 35)

    ●
    You
    may face difficulties in protecting your interests and exercising your rights as a stockholder of ours since we conduct part of our
    operations in China and part of our officers and directors reside in China. (see page 36)

    ●
    You
    may experience difficulties in protecting your rights through the United States courts. (