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    Eason Technology Limited Announces Acquisition of Blockchain Technology Company

    2/19/25 1:43:00 PM ET
    $DXF
    Finance: Consumer Services
    Finance
    Get the next $DXF alert in real time by email

    HONG KONG, Feb. 19, 2025 /PRNewswire/ -- Eason Technology Limited ("Eason" or the "Company") (NYSE:DXF), a company engaged in real estate operation management and investment, and digital technology security business, today announced that it has acquired Hongkong Starlux Intelligent Technology, a blockchain technology company focused on blockchain security and the application of blockchain technology.Terms of the transaction were not disclosed.

    Eason's CEO Stanley commented, "After hard work, Company successfully returned to the main board market from the pink market.At the same time, the company achieved operational results in digital technology and real estate operations, it is a successful strategic transformation. The real estate operation business provides a stable cash flow for the company, and also provides industrial application scenarios for the digital technology business, including industrial manufacturing, medical treatment, media content production, and cross-border e-commerce. The acquisition will strengthen the company's science and technology research and development team, accelerate the company's blockchain product development and commercialization process, and the company plans to complete the development and release of the first blockchain product in Q2 of 2025."

    About Eason Technology Limited

    Eason Technology Limited is a company engaged in real estate operation management and investment and digital technology security business in Hong Kong, China.

    Safe Harbor Statement

    Certain statements made in this release are "forward looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this press release, the words "estimates," "projected," "expects," "anticipates," "forecasts," "plans," "intends," "believes," "seeks," "may," "will," "should," "future," "propose" and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company's control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, are the ability to manage growth; ability to identify and integrate other future acquisitions; ability to obtain additional financing in the future to fund capital expenditures; fluctuations in general economic and business conditions; costs or other factors adversely affecting our profitability; litigation involving patents, intellectual property, and other matters; potential changes in the legislative and regulatory environment; a pandemic or epidemic. The forward-looking statements contained in this release are also subject to other risks and uncertainties, including those more fully described in the Company's filings with the Securities and Exchange Commission, which are available for review at www.sec.gov. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law. Such information speaks only as of the date of this release.

    Cision View original content:https://www.prnewswire.com/news-releases/eason-technology-limited-announces-acquisition-of-blockchain-technology-company-302380568.html

    SOURCE Eason Technology Limited

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