CIMG ( (IMG) ) has shared an update.
On March 27, 2025, CIMG Inc.’s subsidiary, Zhongyan Shangyue Technology Co., Ltd., signed a Business Cooperation Intent Agreement with Xilin Online (Beijing) E-commerce Co., Ltd. The agreement involves the transfer of 51% equity interest in Xilin to Zhongyan, with plans to integrate Xilin’s employees into CIMG’s corporate group and appoint Mr. Tianyong Lyu as CEO of Xilin. This strategic move aims to leverage Xilin’s expertise in digital and intelligent transformation solutions, enhancing CIMG’s operational efficiency and market reach. The collaboration is expected to strengthen CIMG’s position in the e-commerce sector by combining Xilin’s AI-powered platform with CIMG’s global business capabilities.
More about CIMG
CIMG Inc. is a global business group specializing in digital health and sales development. The company utilizes technology and marketing, including MarTech and Multi-Channel Network, to enhance its partners’ sales growth and commercial value. CIMG’s brands include Kangduoyuan, Maca-Noni, Qianmao, Huomao, and Coco-mango.
YTD Price Performance: -27.92%
Average Trading Volume: 1,348,174
Technical Sentiment Signal: Strong Buy
Current Market Cap: $5.57M
Find detailed analytics on IMG stock on TipRanks’ Stock Analysis page.