CIMG unit to acquire 51% of Shanghai Huomao for 200,000 shares

CIMG Inc.

Zhongyan acquires 51% equity in Huomao from three shareholders.
Consideration: 200,000 CIMG common shares, locked up for six months.
Transfer to close within 15 calendar days of March 10, 2025.
Xiaocheng Hao appointed CEO of Huomao post-closing.
Decision committee (3 members) must approve Huomao transactions >RMB 200k.

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