CIMG Inc. (IMG) subsidiary Shenzhen Zhimeng has entered into a sales agreement with Zhangzhou Yuncheng Trading under which Zhimeng will supply a total of approximately 15,000 bone-dry metric tons of wood chips, including eucalyptus, acacia, and mixed wood chips, to Yuncheng Trading, subject to a variance of up to 10%. Total contract value is approximately $2.59M. Zhimeng expects to complete delivery by February 28.
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