CIMG Inc. Reports Q1 Financial Results
Financial Results for the Three Months ended
1. Total revenue was
2. Expanded scale of digital asset holdings: As of
3. As of
Progress in Business Strategic Transformation and Operations
During the three months ended
1. Continuous improvement of product line layout: Relying on digital marketing strategies, the Company achieved sales growth of its medicine-food homology products; the computing power product series was officially launched in
2. Accelerated global subsidiary layout: During the three months ended
"In terms of capital operation and compliant operations, the company will actively advance the follow-up financing plan and optimize the capital structure. At the same time, we will strictly abide by the Nasdaq listing rules and rectify the previous listing compliance issues. The company has filed an appeal against the Nasdaq delisting decision and will make every effort to maintain its listing status. In addition, the company will strengthen the construction of internal financial management and internal control systems, improve operational efficiency, and drive the Company's transition from business transformation to profit growth,"
About CIMG
CIMG is a business group specializing in digital health and sales development, with a cryptocurrency-focused strategy. The Company leverages AI and cryptocurrencies (such as Bitcoin and stablecoins) to drive business growth, helping clients maximize user growth and enhance brand management value. The Company's current client portfolio includes brands such as Kangduoyuan, Maca-Noni, Qianmao, Huomao, and Coco-mango.
Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of the safe harbor provisions of the
Forward-looking statements are based on current expectations and assumptions that are subject to risks and uncertainties, including, but not limited to, risks related to fluctuations in the market price of Bitcoin and other digital assets; the Company's ability to execute and realize the expected benefits of computing power and digital health contracts; the Company's ability to raise additional capital if needed; its ability to maintain compliance with Nasdaq listing standards; risks related to doing business in
Actual results may differ materially from those expressed or implied by these forward-looking statements. The Company undertakes no obligation to update or revise any forward-looking statements contained herein, except as required by applicable law.
View original content:https://www.prnewswire.com/news-releases/cimg-inc-reports-q1-financial-results-302724800.html
SOURCE CIMG Inc.
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