CIMG shares surge 17.37% after-hours after signing $2M AI computing hardware deals.

CIMG Inc. surged 17.37% in after-hours trading following the announcement that its subsidiary, Beijing Xinmiao Shidai Technology Development, signed five computing power hardware contracts totaling approximately $2 million. These contracts, executed between December 2025 and January 2026, cover computing servers and power components for cloud service providers and industrial enterprises. The deals are expected to contribute to CIMG’s 2026 operating results as the company expands its AI computing infrastructure and scenario-based solutions. The contracts represent a significant portion of CIMG’s $12.7 million market cap (16%) and signal near-term revenue potential amid broader operational challenges, including a $9 million EBITDA loss and $3.45 million credit loss provision. The stock’s sharp after-hours rise reflects optimism about the immediate revenue boost, despite skepticism over the company’s ability to convert the contracts into sustainable cash flow.