CIMG subsidiary to acquire 51% of Xilin Online e-commerce tech firm within 15 days

CIMG Inc.

Zhongyan Shangyue, CIMG's wholly-owned subsidiary, signs intent agreement to buy 51% equity in Xilin Online.
Transfer expected within 15 calendar days from March 27, 2025; no deal value disclosed.
Xilin Online provides digital transformation solutions leveraging JD.com and Alibaba ecosystems.
Post-closing, Tianyong Lyu to become CEO of Xilin; decision-making committee for transactions over RMB200,000.
CIMG may grant incentive shares to Xilin employees based on future sales performance.

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