Company Description
Eason Technology Limited (NYSE American: DXF) is a Hong Kong-based company engaged in real estate operation management and investment and digital technology security business, according to multiple company announcements and SEC filings. The company’s American Depositary Shares (ADSs) trade on the NYSE American, with each ADS representing sixty-thousand (60,000) Class A ordinary shares.
In its public disclosures, Eason Technology states that it focuses on managing and investing in real estate assets and developing technology related to digital security. The company has also described activities in blockchain-related security applications and machine-vision-based inspection technology through its Hong Kong operations and subsidiaries. These areas reflect a shift from its historical roots in consumer lending.
Business evolution and background
Eason Technology reports that it was formerly a licensed microfinance lender serving individuals and small and medium-sized enterprises in Hubei Province, People’s Republic of China. It has disclosed that it suspended offering loans to its customers since 2020. Earlier descriptions referenced loan facilities to micro, small, and medium-sized enterprises and sole proprietors in Hubei, as well as family-run businesses, farmers, and individual borrowers, with loan products such as consumer loans, commercial loans, collateral-backed loans, and enterprise loans. This lending activity is no longer being offered, based on the company’s own statements.
More recent company communications describe Eason Technology as a business engaged in real estate operation management and investment and digital technology security business in Hong Kong, China. This indicates that the company has repositioned itself away from active microfinance lending and toward real estate-related operations and technology-based security offerings.
Real estate operation management and investment
According to a Form 6-K filed with the SEC, Eason Technology entered into a real estate purchase agreement in December 2025 to acquire a commercial real property located in Hubei, China. The filing states that the company agreed to issue Class A ordinary shares as consideration for this acquisition, with closing subject to approval from the New York Stock Exchange and customary closing conditions. This transaction aligns with the company’s stated focus on real estate operation management and investment.
The emphasis on acquiring and managing commercial property, as described in the company’s filings, supports its characterization as a participant in real estate operation and investment activities connected to its broader business strategy.
Digital technology security and blockchain-related activities
Eason Technology describes itself in multiple press releases as being engaged in digital technology security business. The company has publicly discussed research and application of blockchain technology, including security solutions for copyright and intellectual property owners in areas such as literature, music, film and television, drama, and games, through a Hong Kong subsidiary. It has also announced development of an intelligent quality inspection system based on machine vision technology, intended to support production quality and speed for enterprise customers in industrial manufacturing.
In addition, the company has disclosed a program to purchase bitcoin to accelerate research and development of a digital asset security product, described as a consumer-grade security product for global users. Eason Technology has stated that such digital asset purchases are for product research and development rather than for inclusion in its long-term asset portfolio, and that it aims to focus on blockchain technology security product development.
Geographic footprint and listing
SEC filings list Eason Technology Limited’s address in Hong Kong, People’s Republic of China, and company news releases describe it as operating from Hong Kong. Historically, its lending activities were focused on Hubei Province in mainland China, while more recent disclosures emphasize Hong Kong-based real estate and digital technology security operations.
The company’s ADSs trade on the NYSE American under the ticker DXF. Filings and press releases describe interactions with NYSE American regarding continued listing standards, including notices related to delayed SEC filings and stockholders’ equity levels. These notices have included cure periods during which the ADSs remained listed and traded, subject to ongoing compliance with exchange requirements.
Regulatory and reporting context
Eason Technology files reports with the U.S. Securities and Exchange Commission as a foreign private issuer, including annual reports on Form 20-F and current reports on Form 6-K. In its communications, the company has noted instances of delayed filings and related notices from NYSE Regulation, as well as subsequent filings that allowed it to regain compliance with certain listing standards. It has also disclosed that an audit opinion in one of its annual reports contained a going concern emphasis of matter paragraph.
These regulatory disclosures are relevant for investors analyzing the company’s financial reporting history, exchange compliance status, and risk profile as a smaller issuer in the finance and technology-related space.
Historical microfinance activities
Before suspending lending in 2020, Eason Technology (then operating as a licensed microfinance lender) was engaged in the business of providing loan facilities to micro, small, and medium-sized enterprises and sole proprietors in Hubei Province. It has described its historical customer base as including family-run businesses, farmers, and individual borrowers, and has referenced loan products such as consumer loans, commercial loans, collateral-backed loans, and enterprise loans.
While these activities are part of the company’s history and help explain its classification in the consumer lending industry, the company’s own recent descriptions emphasize that it no longer offers these loans and instead focuses on real estate operation management and investment and digital technology security business.
Capital raising and incentive arrangements
In addition to its real estate acquisition agreement, Eason Technology has disclosed a securities purchase agreement with certain non-U.S. investors, under which it agreed to sell units consisting of ordinary shares and warrants for gross proceeds up to a specified amount, with the stated intention to use net proceeds for working capital and general corporate purposes. The closing of this offering is subject to NYSE approval and customary closing conditions, according to the Form 6-K.
The company has also announced issuance of American Depositary Shares to management and certain employees under an equity incentive plan, with a defined restriction period. These issuances are described as part of a 2025 equity incentive plan approved by shareholders, and management commentary in the press release links them to retention and alignment with the company’s strategy.
Risk and exchange compliance considerations
Multiple company announcements and SEC filings refer to notices from NYSE Regulation that Eason Technology was not in compliance with continued listing standards at various times. Reasons have included delayed SEC filings (such as Form 20-F and a semi-annual Form 6-K) and stockholders’ equity levels combined with historical losses. The company has described cure periods during which it could submit compliance plans and work to regain or maintain listing status. It has also reported instances where it filed required reports and received confirmation that it had regained compliance with specific NYSE American rules.
These disclosures highlight that, while the ADSs have continued to trade during designated cure periods, investors should be aware of the company’s exchange compliance history as part of evaluating DXF as a listed security.
Summary
According to its own filings and press releases, Eason Technology Limited is a Hong Kong-based company whose current focus is on real estate operation management and investment and digital technology security, including blockchain-related security applications and machine-vision-based systems. Historically, it operated as a licensed microfinance lender in Hubei Province, China, but it has stated that it suspended loan offerings in 2020. Its ADSs trade on the NYSE American under the symbol DXF, and its regulatory filings and exchange notices provide important context on its financial reporting, corporate actions, and listing status.