CIMG shares surge 24.79% after-hours after subsidiary signs $2M computing hardware deals.

CIMG Inc. surged 24.79% in after-hours trading following the announcement of five $2 million computing power hardware contracts signed by its subsidiary, Beijing Xinmiao Shidai. The deals, executed between December 2025 and January 2026, involve servers and components for cloud and industrial clients and are expected to contribute to 2026 operating results. The contracts represent ~16% of CIMG’s $12.7 million market cap, signaling a material near-term revenue boost for the company, which has faced skepticism over its financial health and execution risks. Despite challenges including a -$9 million EBITDA and a $3.45 million credit loss provision, the new contracts highlight expansion in AI computing infrastructure, aligning with the stock’s sharp post-announcement rally. The positive move reflects market recognition of the tangible revenue catalyst, even as broader operational risks remain unresolved.