CIMG Other Monday, June 22, 2026 +0.65 Positive

CIMG subsidiary enters $442M computing power center framework contract in Beijing

CIMG's wholly-owned subsidiary Zhongyan Shangyue signed a framework contract valued up to $442 million with Zhongshishun Technology for construction and operation of a computing power center in Beijing using NVIDIA and Inspur equipment. The deal diversifies CIMG's business into high-demand AI infrastructure services, though full implementation remains subject to purchase orders and other conditions.

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AI-generated summary for informational purposes only. Always verify against the original filing. Not investment advice. BriefTape is not a registered investment adviser.

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