Eason Technology Announces Issuance of Shares under the Company's 2025 Incentive Plan and Lock-Up Commitment by All Management

Rhea-AI Summary

Eason Technology (NYSE American: DXF) issued 33,333 American Depository Shares (ADS), each representing 60,000 class A ordinary shares, under its 2025 equity incentive plan adopted on Dec 13, 2024 and approved by shareholders on Jan 10, 2025. The issued incentive ADS are subject to a one‑year restriction period ending Oct 6, 2026. The awards were granted to management and certain employees. The company said management and core staff committed to retain their shares for the restriction period, with CEO Longwen (Stanley) He noting this demonstrates confidence in the company's strategy and progress.

HONG KONG, Oct. 8, 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 the Company has issued 33,333 American Depository Shares, each representing 60,000 of the Company's class A ordinary shares, par value of $0.00005 per share, to the management and certain employees of the Company, under the Company's 2025 equity incentive plan, adopted on December 13, 2024 and approved by the shareholders on January 10, 2025. All incentive shares are subject to a period of restriction of one year, until October 6, 2026.

Longwen (Stanley) He, the chief executive officer of the Company, commented that "we are pleased that our management and core staff have decided to extend their agreements to retain all their shares, demonstrating confidence in our strategy and progress."

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.

CONTACT: Mark Xu, ir@dunxin.us

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SOURCE Eason Technology Limited

FAQ

How many ADS did Eason Technology (DXF) issue on October 8, 2025?

Eason issued 33,333 ADS on October 8, 2025.

How many ordinary shares does each Eason ADS (DXF) represent?

Each ADS represents 60,000 class A ordinary shares.

When do the incentive shares issued by DXF become unrestricted?

The incentive shares are restricted for one year and become unrestricted on October 6, 2026.

Under which plan were DXF's ADS issued and when was it approved?

The ADS were issued under the 2025 equity incentive plan, adopted December 13, 2024 and approved by shareholders on January 10, 2025.

Who received the incentive ADS granted by Eason Technology (DXF)?

The ADS were granted to the company's management and certain employees.

Did Eason management agree to hold the shares after the grant?

Yes. Management and core staff committed to retain their awarded shares through the one‑year restriction period.