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Eason Technology Limited Announces Acquisition of Blockchain Technology Company

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Eason Technology (NYSE American: DXF) has announced the acquisition of Hongkong Starlux Intelligent Technology, a blockchain technology company specializing in blockchain security and applications. The company, which operates in real estate management and digital technology security, sees this acquisition as part of its strategic transformation.

The company's CEO Stanley highlighted their successful return to the main board market from the pink market, noting that their real estate operations provide stable cash flow while offering industrial application scenarios for digital technology across sectors including industrial manufacturing, medical treatment, media content production, and cross-border e-commerce.

Through this acquisition, Eason aims to strengthen its R&D team and accelerate blockchain product development, with plans to release their first blockchain product in Q2 2025. Financial terms of the acquisition were not disclosed.

Eason Technology (NYSE American: DXF) ha annunciato l'acquisizione di Hongkong Starlux Intelligent Technology, un'azienda di tecnologia blockchain specializzata nella sicurezza e nelle applicazioni blockchain. L'azienda, che opera nella gestione immobiliare e nella sicurezza delle tecnologie digitali, considera questa acquisizione come parte della sua trasformazione strategica.

Il CEO dell'azienda, Stanley, ha evidenziato il loro ritorno di successo al mercato principale dopo essere stati nel mercato rosa, sottolineando che le loro operazioni immobiliari forniscono un flusso di cassa stabile, offrendo al contempo scenari di applicazione industriale per la tecnologia digitale in settori tra cui la produzione industriale, il trattamento medico, la produzione di contenuti multimediali e l'e-commerce transfrontaliero.

Attraverso questa acquisizione, Eason mira a rafforzare il suo team di ricerca e sviluppo e ad accelerare lo sviluppo di prodotti blockchain, con piani per lanciare il loro primo prodotto blockchain nel Q2 2025. I termini finanziari dell'acquisizione non sono stati divulgati.

Eason Technology (NYSE American: DXF) ha anunciado la adquisición de Hongkong Starlux Intelligent Technology, una empresa de tecnología blockchain especializada en seguridad y aplicaciones de blockchain. La compañía, que opera en la gestión inmobiliaria y la seguridad de tecnologías digitales, ve esta adquisición como parte de su transformación estratégica.

El CEO de la empresa, Stanley, destacó su exitoso regreso al mercado principal desde el mercado rosa, señalando que sus operaciones inmobiliarias proporcionan un flujo de efectivo estable, al tiempo que ofrecen escenarios de aplicación industrial para la tecnología digital en sectores que incluyen la fabricación industrial, el tratamiento médico, la producción de contenido multimedia y el comercio electrónico transfronterizo.

A través de esta adquisición, Eason busca fortalecer su equipo de I+D y acelerar el desarrollo de productos blockchain, con planes de lanzar su primer producto blockchain en Q2 2025. Los términos financieros de la adquisición no fueron divulgados.

Eason Technology (NYSE American: DXF)는 블록체인 보안 및 응용 프로그램을 전문으로 하는 블록체인 기술 회사인 홍콩 스타룩스 인텔리전트 테크놀로지를 인수했다고 발표했습니다. 부동산 관리 및 디지털 기술 보안 분야에서 활동하는 이 회사는 이번 인수를 전략적 변혁의 일환으로 보고 있습니다.

회사의 CEO인 스탠리는 핑크 마켓에서 주요 보드 시장으로의 성공적인 복귀를 강조하며, 그들의 부동산 운영이 안정적인 현금 흐름을 제공하고, 산업 제조, 의료, 미디어 콘텐츠 제작 및 크로스보더 전자 상거래를 포함한 여러 분야에서 디지털 기술의 산업 응용 시나리오를 제공한다고 언급했습니다.

이번 인수를 통해 Eason은 연구 및 개발 팀을 강화하고 블록체인 제품 개발을 가속화할 계획이며, 2025년 2분기에 첫 번째 블록체인 제품을 출시할 예정입니다. 인수의 재무 조건은 공개되지 않았습니다.

Eason Technology (NYSE American: DXF) a annoncé l'acquisition de Hongkong Starlux Intelligent Technology, une entreprise de technologie blockchain spécialisée dans la sécurité et les applications blockchain. L'entreprise, qui opère dans la gestion immobilière et la sécurité des technologies numériques, considère cette acquisition comme une partie de sa transformation stratégique.

Le PDG de l'entreprise, Stanley, a souligné leur retour réussi sur le marché principal après avoir été sur le marché rose, notant que leurs opérations immobilières fournissent un flux de trésorerie stable tout en offrant des scénarios d'application industrielle pour la technologie numérique dans des secteurs tels que la fabrication industrielle, le traitement médical, la production de contenu multimédia et le commerce électronique transfrontalier.

Grâce à cette acquisition, Eason vise à renforcer son équipe de R&D et à accélérer le développement de produits blockchain, avec des plans de lancement de leur premier produit blockchain au Q2 2025. Les conditions financières de l'acquisition n'ont pas été divulguées.

Eason Technology (NYSE American: DXF) hat die Übernahme von Hongkong Starlux Intelligent Technology angekündigt, einem Blockchain-Technologieunternehmen, das auf Blockchain-Sicherheit und -Anwendungen spezialisiert ist. Das Unternehmen, das in der Immobilienverwaltung und der Sicherheit digitaler Technologien tätig ist, sieht diese Übernahme als Teil seiner strategischen Transformation.

Der CEO des Unternehmens, Stanley, hob ihren erfolgreichen Rückkehr zum Hauptmarkt von dem Pink Market hervor und bemerkte, dass ihre Immobilienoperationen einen stabilen Cashflow bieten, während sie industrielle Anwendungsszenarien für digitale Technologien in Sektoren wie der industriellen Fertigung, der medizinischen Behandlung, der Medieninhaltsproduktion und dem grenzüberschreitenden E-Commerce anbieten.

Durch diese Übernahme beabsichtigt Eason, sein F&E-Team zu stärken und die Entwicklung von Blockchain-Produkten zu beschleunigen, mit dem Ziel, ihr erstes Blockchain-Produkt im Q2 2025 auf den Markt zu bringen. Die finanziellen Bedingungen der Übernahme wurden nicht bekannt gegeben.

Positive
  • Return to main board market from pink market indicates improved listing status
  • Stable cash flow from real estate operations
  • Expansion into blockchain technology through strategic acquisition
  • Clear product development timeline with first blockchain product planned for Q2 2025
Negative
  • Undisclosed acquisition terms create uncertainty about financial impact
  • Entering new technology sector may pose integration and execution risks

Insights

This strategic acquisition marks a significant pivot in Eason Technology's business model, representing a calculated move to leverage blockchain technology across multiple high-value sectors. The company's dual-stream strategy is particularly noteworthy - utilizing stable real estate cash flows to fund technological innovation while simultaneously creating practical application scenarios for blockchain implementation.

The synergy between real estate operations and blockchain technology presents several strategic advantages:

  • Real estate operations provide consistent revenue streams to fund R&D and blockchain initiatives
  • Property management offers immediate use-cases for blockchain implementation, particularly in smart contracts and property tokenization
  • The combination creates a unique value proposition in both traditional and digital markets

However, the undisclosed transaction terms raise some concerns about the valuation and potential dilution risks. The Q2 2025 timeline for the first blockchain product launch appears ambitious, considering typical development cycles and regulatory requirements in both Hong Kong and U.S. markets.

The move from the pink sheets to the main board, combined with this acquisition, suggests a comprehensive corporate transformation strategy. This could potentially position Eason as a pioneer in integrating traditional real estate operations with blockchain technology, particularly in the Asian market where digital adoption rates are historically high.

The success of this venture will largely depend on three critical factors:

  • The seamless integration of Starlux's blockchain expertise with Eason's existing operations
  • The company's ability to navigate complex regulatory requirements across multiple jurisdictions
  • The market's reception to blockchain applications in traditional real estate operations

HONG KONG, Feb. 19, 2025 /PRNewswire/ -- Eason Technology Limited ("Eason" or the "Company") (NYSE American: 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

FAQ

What is the strategic importance of DXF's acquisition of Hongkong Starlux Intelligent Technology?

The acquisition aims to strengthen DXF's R&D team and accelerate blockchain product development, while complementing their existing real estate operations and digital technology business.

When will DXF launch its first blockchain product?

DXF plans to complete development and release its first blockchain product in Q2 2025.

What are the main business segments of DXF after the acquisition?

DXF operates in real estate operation management, digital technology security, and blockchain technology following the acquisition.

How does DXF's real estate business support its technology initiatives?

The real estate operations provide stable cash flow and industrial application scenarios for digital technology across sectors including manufacturing, medical treatment, media content production, and e-commerce.

What market transition did DXF recently complete?

DXF successfully transitioned from the pink market to the main board market, indicating an improved listing status.

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