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CIMG ( (IMG) ) has issued an announcement.
On April 30, 2025, CIMG Inc. announced the completion of its acquisition of Shanghai Huomao Cultural Development Co., Ltd and Xilin Online (Beijing) E-commerce Co., Ltd, marking a significant expansion in its business operations. Concurrently, Mr. Xiaocheng Hao was appointed as the Chief Operating Officer, a move aimed at strengthening the company’s leadership and driving business growth. Mr. Hao, who will continue as CEO of Shanghai Huomao, brings over 20 years of experience in sales and management, which is expected to contribute significantly to CIMG’s sales business. The acquisition and appointment are part of CIMG’s strategy to enhance its market position and improve company performance.
More about CIMG
CIMG Inc. is a global business group specializing in digital health and sales development. The company utilizes technology, including Artificial Intelligence, Brain Science, and Big Data, along with marketing strategies like MarTech and Multi-Channel Network, to enhance its partners’ sales growth and commercial value. Its brands include Kangduoyuan, Maca-Noni, Qianmao, Huomao, and Coco-mango.
YTD Price Performance: -15.56%
Average Trading Volume: 705,568
Technical Sentiment Signal: Buy
Current Market Cap: $6.53M
Learn more about IMG stock on TipRanks’ Stock Analysis page.