资料显示，亿邦国际控股公司为一间具备强大的ASIC晶片设计能力的领先区块链技术公司,在电信业务 累积近十年的行业经验及专业知识。公司设计、生产及销售区块链处理器或「BPU」,此乃专为加密货 币挖矿而设的一类专用计算硬件,一般称之为「矿机」。 本文源自金融界 8月22日，亿邦国际(EBON)盘中上涨3.11%，截至02:22，报3.98美元/股，成交1.95万美元，总市值 2499.69万美元。 财务数据显示，截至2025年06月30日，亿邦国际收入总额358.22万美元，同比增长69.46%；归母净利 润-451.49万美元，同比增长27.51%。 ...

Core Viewpoint - Ebang International (EBON) has shown a significant increase in stock price and revenue growth, indicating a positive market response and operational performance in the blockchain technology sector [1]. Financial Performance - As of June 30, 2025, Ebang International reported total revenue of $3.5822 million, representing a year-over-year growth of 69.46% [1]. - The company recorded a net loss attributable to shareholders of $4.5149 million, which is an increase of 27.51% compared to the previous year [1]. Company Overview - Ebang International is a leading blockchain technology company with strong ASIC chip design capabilities, specializing in the design, production, and sale of blockchain processors, commonly referred to as "mining machines" [1]. - The company has nearly a decade of industry experience and expertise in telecommunications [1].

Core Viewpoint - Ebang International Holdings Inc. reported a significant increase in total net revenues for the first half of fiscal year 2025, driven by growth in its Fintech and renewable energy sectors, despite facing a gross loss and net loss reduction compared to the previous year [2][4][9]. Financial Performance - Total net revenues for the first six months of 2025 were US$3.58 million, a 69.46% increase from US$2.11 million in the same period of 2024 [2][4]. - Gross loss was US$0.65 million in the first half of 2025, compared to a gross profit of US$0.08 million in the same period of 2024 [2][6]. - Net loss decreased to US$4.50 million in the first half of 2025 from US$6.65 million in the same period of 2024 [2][9]. - Basic and diluted net loss per share were both US$0.72, down from US$0.99 in the same period of 2024 [9]. Revenue and Cost Analysis - Revenue growth was attributed to increased sales of renewable energy products and services, as well as rental services initiated in the second half of 2024 [4]. - Cost of revenues rose to US$4.23 million, a 108.20% increase from US$2.03 million in the same period of 2024, primarily due to higher sales and a VAT recoverable impairment [5][6]. - Total operating expenses decreased to US$10.21 million from US$12.50 million in the same period of 2024, reflecting cost-saving measures [6][12]. Strategic Outlook - The company aims to leverage its expertise in chip technology and intelligent manufacturing to enhance its renewable energy initiatives, establishing a vertically integrated industrial ecosystem [3]. - Future plans include exploring technology demand in regulated Fintech markets and expanding "Made in America" manufacturing capabilities [3]. - The company is committed to adapting to market demands and pursuing new opportunities in both Fintech and renewable energy sectors [10].

Core Viewpoint - Ebang International (EBON) shows a positive financial performance with significant revenue growth and a notable increase in net profit, indicating strong operational capabilities in the blockchain technology sector [1]. Financial Performance - As of December 31, 2024, Ebang International reported total revenue of $5.8688 million, representing a year-over-year increase of 20.88% [1]. - The company achieved a net profit attributable to shareholders of -$20.2511 million, which reflects a year-over-year growth of 44.93% [1]. Company Overview - Ebang International is a leading blockchain technology company with strong ASIC chip design capabilities, specializing in the design, production, and sale of blockchain processors, commonly referred to as "mining machines" [1]. - The company has nearly a decade of industry experience and expertise in the telecommunications sector [1].

Group 1 - The U.S. stock market saw a collective rise in cryptocurrency-related stocks, with Bit Origin increasing by over 16%, Canaan Technology by over 7%, and others like Smart Chain Group and 9F Inc. also showing significant gains [1] - President Trump signed an executive order allowing alternative assets, including private equity, real estate, and cryptocurrencies, to enter 401(k) retirement savings plans, potentially unlocking approximately $12.5 trillion in retirement account funds [1] - This move is expected to inject substantial capital into the private equity sector, which is in need of funding, and is also a significant part of Trump's efforts to promote the cryptocurrency industry [1] Group 2 - Specific stock performance includes Bit Origin at 16.56%, Canaan Technology at 7.57%, Smart Chain Group at 5.68%, and 9F Inc. at 4.87%, among others [2] - Other notable increases include Top Win International at 4.76%, KULR Technology at 4.09%, and BTCS Inc. at 4.22% [2] - The overall trend indicates a positive sentiment towards cryptocurrency stocks following the executive order [1][2]

Core Viewpoint - Ebang International (EBON) shows positive financial growth with a significant increase in revenue and net profit, indicating potential investment opportunities in the blockchain technology sector [1][2]. Financial Performance - As of December 31, 2024, Ebang International reported total revenue of $5.8688 million, representing a year-over-year growth of 20.88% [1]. - The company achieved a net profit attributable to shareholders of -$20.2511 million, which reflects a year-over-year increase of 44.93% [1]. Company Overview - Ebang International is a leading blockchain technology company with strong ASIC chip design capabilities and nearly a decade of experience in the telecommunications industry [2]. - The company specializes in the design, production, and sale of blockchain processors, also known as "BPU," which are dedicated hardware for cryptocurrency mining, commonly referred to as "mining machines" [2]. Upcoming Events - Ebang International is scheduled to disclose its Q1 2025 financial report on July 28, with the actual release date subject to company announcements [2].

Group 1 - The core viewpoint of the news highlights the financial performance of Ebang International (EBON), showing a significant increase in revenue and net profit for the fiscal year ending December 31, 2024 [1][2] - Ebang International's total revenue reached $5.8688 million, representing a year-on-year growth of 20.88% [1] - The company's net profit attributable to shareholders was -$20.2511 million, with a year-on-year increase of 44.93% [1] Group 2 - On July 28, Ebang International is scheduled to disclose its Q1 financial report for the fiscal year 2025, with the actual date subject to company announcement [2] - Ebang International is recognized as a leading blockchain technology company with strong ASIC chip design capabilities, specializing in the design, production, and sale of blockchain processors (BPU) specifically for cryptocurrency mining [2]

[Fiscal Year 2024 Financial Results](index=1&type=section&id=Fiscal%20Year%202024%20Financial%20Results) [Operational and Financial Highlights](index=1&type=section&id=Operational%20and%20Financial%20Highlights) Ebang International reported a 20.9% revenue increase to $5.9 million, achieving a gross profit of $1.2 million and narrowing net loss to $20.9 million Financial Highlights | Financial Metric | Fiscal Year 2024 (US$) | Fiscal Year 2023 (US$) | Change | | :--- | :--- | :--- | :--- | | Total Net Revenues | $5.9 million | $4.9 million | +20.9% | | Gross Profit (Loss) | $1.2 million | ($16.7 million) | N/A (Turnaround) | | Net Loss | $20.9 million | $38.0 million | -45.0% (Loss Narrowed) | [Management Commentary](index=1&type=section&id=Management%20Commentary) Chairman and CEO Dong Hu highlighted 2024 as a turning point, marked by entry into new energy and a dual strategy of growth and cost control - The company is officially entering the new energy sector, marking a key strategic expansion[4](index=4&type=chunk) - The operational strategy involves a prudent yet enterprising approach, balancing bold exploration of new business domains with stringent control over operational costs[4](index=4&type=chunk) [Detailed Financial Performance Analysis](index=1&type=section&id=Detailed%20Financial%20Performance%20Analysis) Revenue growth in 2024 was driven by new energy and rental income, with a 78.3% cost of revenue reduction leading to gross profit and a 14.6% decrease in operating expenses [Revenue Analysis](index=1&type=section&id=Revenue%20Analysis) Total net revenues increased by 20.9% to $5.9 million, primarily driven by the new renewable energy business and rental income - Revenue growth was driven by the new renewable energy business and rental income from idle office space[5](index=5&type=chunk) [Cost and Profitability Analysis](index=1&type=section&id=Cost%20and%20Profitability%20Analysis) Cost of revenues decreased by 78.3% to $4.7 million due to a prior-year VAT impairment, leading to a gross profit of $1.2 million from a prior loss - Cost of revenues decreased by **78.3%** to **US$4.7 million**, mainly because a **US$16.7 million** VAT impairment was recognized in 2023[6](index=6&type=chunk) - The company achieved a gross profit of **US$1.2 million** in 2024, a significant turnaround from the **US$16.7 million** gross loss in 2023[7](index=7&type=chunk) [Operating Expenses](index=2&type=section&id=Operating%20Expenses) Total operating expenses declined by 14.6% to $31.6 million due to reduced selling expenses and no impairment charges, despite a rise in general and administrative costs Operating Expenses Summary | Expense Category | FY 2024 (US$) | FY 2023 (US$) | Change | | :--- | :--- | :--- | :--- | | Selling Expenses | $1.1 million | $1.9 million | -41.6% | | General & Administrative | $30.5 million | $29.0 million | +4.9% | | Impairment Charges | $0 | $6.0 million | -100% | | **Total Operating Expenses** | **$31.6 million** | **$36.9 million** | **-14.6%** | [Net Loss and Earnings Per Share (EPS)](index=2&type=section&id=Net%20Loss%20and%20Earnings%20Per%20Share%20(EPS)) Net loss significantly improved to $20.9 million from $38.0 million, with basic and diluted net loss per share improving to $3.22 Net Loss and EPS | Metric | FY 2024 (US$) | FY 2023 (US$) | | :--- | :--- | :--- | | Net Loss | $20.9 million | $38.0 million | | Net Loss Attributable to Ebang | $20.3 million | $36.8 million | | Basic & Diluted Net Loss per Share | $3.22 | $5.86 | [Financial Position](index=2&type=section&id=Financial%20Position) As of December 31, 2024, Ebang reported total assets of $275.8 million, liabilities of $15.4 million, and cash equivalents of $213.8 million Balance Sheet Summary | Balance Sheet Item | Dec 31, 2024 (US$) | Dec 31, 2023 (US$) | | :--- | :--- | :--- | | Cash and cash equivalents | $213.8 million | $241.6 million | | Total Assets | $275.8 million | $298.2 million | | Total Liabilities | $15.4 million | $16.9 million | | Total Equity | $260.4 million | $281.3 million | [Consolidated Financial Statements](index=4&type=section&id=Consolidated%20Financial%20Statements) [Consolidated Balance Sheets](index=4&type=section&id=Consolidated%20Balance%20Sheets) The report presents consolidated balance sheets as of December 31, 2024, and 2023, detailing assets, liabilities, and equity - The report includes detailed Consolidated Balance Sheets for the fiscal years ending December 31, 2024, and 2023[15](index=15&type=chunk)[16](index=16&type=chunk) [Consolidated Statements of Operations and Comprehensive Loss](index=6&type=section&id=Consolidated%20Statements%20of%20Operations%20and%20Comprehensive%20Loss) The report includes consolidated statements of operations and comprehensive loss for the years ended December 31, 2024, 2023, and 2022 - The report provides detailed Consolidated Statements of Operations and Comprehensive Loss for the fiscal years 2024, 2023, and 2022[18](index=18&type=chunk) [About the Company and Forward-Looking Statements](index=3&type=section&id=About%20the%20Company%20and%20Forward-Looking%20Statements) [Company Overview](index=3&type=section&id=Company%20Overview) Ebang International Holdings Inc. leverages its blockchain and Fintech expertise, expanding into renewable energy for stable financial performance and long-term growth - Ebang leverages its expertise in blockchain and Fintech to create service platforms[12](index=12&type=chunk) - The company has expanded into the renewable energy sector to diversify its product offerings and ensure long-term, sustainable growth[12](index=12&type=chunk) [Forward-Looking Statements](index=3&type=section&id=Forward-Looking%20Statements) This section provides a standard legal disclaimer for forward-looking statements, cautioning that actual results may differ due to various risks and uncertainties - The press release contains a standard forward-looking statements disclaimer, outlining risks and uncertainties that could impact future performance[13](index=13&type=chunk)

Core Viewpoint - Ebang International Holdings Inc. reported a significant improvement in its financial performance for the fiscal year 2024, marking a turning point as the company expands into the renewable energy sector while maintaining a focus on cost control and operational efficiency [3][4]. Financial Performance - Total net revenues for fiscal year 2024 increased by 20.9% to US$5.9 million, up from US$4.9 million in 2023 [2][4]. - Gross profit for fiscal year 2024 was US$1.2 million, a recovery from a gross loss of US$16.7 million in 2023 [2][6]. - Net loss for fiscal year 2024 was US$20.9 million, reduced from a net loss of US$38.0 million in 2023 [2][9]. Operational Highlights - The increase in revenues was attributed to the acquisition of a renewable energy business in November 2024 and rental income from idle office space [4]. - Cost of revenues decreased by 78.3% to US$4.7 million in 2024, primarily due to the recognition of a VAT recoverable impairment of US$16.7 million in 2023 [5][6]. - Total operating expenses decreased by 14.6% to US$31.6 million in 2024, driven by a reduction in selling expenses and adjustments in strategic policies [6][7]. Strategic Direction - The company is entering the renewable energy sector, leveraging its design, research, and manufacturing capabilities to innovate and capture market opportunities [3][11]. - Ebang aims to balance exploration of new business domains with meticulous cost control to ensure steady growth [3][11]. Shareholder Information - Net loss attributable to Ebang International Holdings Inc. was US$20.3 million in 2024, compared to US$36.8 million in 2023 [10]. - Basic and diluted net loss per share improved to US$3.22 in 2024 from US$5.86 in 2023 [10][18].

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 for the fiscal year ended December 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________________ to ________________ OR ☐ SHELL COMPANY REPORT ...