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CIMG Inc. (NASDAQ: IMG) announced that its product Maca Noni, a plant-based energy drink, has received the 2024 China Annual Most Innovative New Consumer Brand Award from iiMedia Research. The beverage, which contains maca and Noni plant extracts, is designed to help relieve physical fatigue and enhance immunity.
The Maca beverages are currently distributed through multiple channels including Lawson convenience stores in Beijing, Tianjin, and Hebei Province, as well as select USmile PetroChina stores and vending machines across North and South China. CEO Jianshang Wang stated that the company will continue to optimize business development and enhance performance through new strategies to create greater shareholder value.
CIMG Inc. (NASDAQ: IMG) has announced distribution agreements for its Maca Noni beverage through multiple channels in China. The company's subsidiary, Zhongyan Shangyue, secured a contract with Wangbo Trading to distribute the product in 550 Lawson convenience stores across Beijing, Tianjin, and Hebei Province from October 2024 to October 2025. Additional agreements aim to expand distribution to 25,000 uSmile PetroChina stores, 400 Guangdong Petroleum stores, 129 Chengdu Energy Gas Stations, and 300 vending machines within the next three years. This initiative marks CIMG's transformation into a digital marketing and distribution company for consumer products.
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