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Eason Technology Announces Issuance of Shares under the Company's 2025 Incentive Plan and Lock-Up Commitment by All Management
Prnewswire· 2025-10-08 10:30
Core Viewpoint - Eason Technology Limited has issued 33,333 American Depository Shares to management and employees under its 2025 equity incentive plan, reflecting confidence in the company's strategy and progress [1][2]. Company Overview - Eason Technology Limited operates in real estate operation management and investment, as well as digital technology security business in Hong Kong, China [2]. Equity Incentive Plan - The company issued shares representing 60,000 class A ordinary shares each, with a par value of $0.00005 per share, under the 2025 equity incentive plan adopted on December 13, 2024, and approved by shareholders on January 10, 2025 [1]. - All incentive shares are subject to a one-year restriction period, expiring on October 6, 2026 [1]. Management Confidence - The CEO, Longwen (Stanley) He, expressed satisfaction that management and core staff have chosen to retain their shares, indicating their confidence in the company's strategy and progress [2].
Eason Technology Limited Filed Annual Report on Form 20-F for Fiscal Year 2024 and Regained Compliance with the NYSE American
Prnewswire· 2025-09-26 10:30
Core Viewpoint - Eason Technology Limited has filed its annual report on Form 20-F for the fiscal year ended December 31, 2024, and has regained compliance with NYSE American regulations [1][3]. Group 1: Company Compliance and Reporting - The company filed its annual report with the SEC on September 24, 2025, and confirmed compliance with Section 1007 of the NYSE American Company Guide [1]. - A hard copy of the annual report, which includes audited consolidated financial statements, will be provided free of charge to shareholders and ADS holders upon request [2]. - The audited financial statements for the year ended December 31, 2024, included an audit opinion with a going concern emphasis of matter paragraph, as required by NYSE American Company Guide Section 610(b) [3]. Group 2: Company Background - Eason Technology is engaged in real estate operation management and investment, as well as digital technology security business in Hong Kong, China [4]. - The company previously operated as a licensed microfinance lender in Hubei Province, China, but has suspended loan offerings since 2020 [4].
Eason Technology Limited Files Annual Report on Form 20-F for Fiscal Year 2024
Prnewswire· 2025-09-24 21:30
Core Points - Eason Technology Limited filed its annual report on Form 20-F for the fiscal year ended December 31, 2024, with the SEC on September 24, 2025 [1] - The annual report includes audited consolidated financial statements and is available on the SEC's website and the Company's investor relations website [1] - The Company offers hard copies of the annual report free of charge to shareholders and ADS holders upon request [1] Company Overview - Eason Technology is engaged in real estate operation management and investment, as well as digital technology security business in Hong Kong, China [2] - The Company was previously a licensed microfinance lender serving individuals and SMEs in Hubei Province, China, but has suspended loan offerings since 2020 [2]
Eason Technology Limited Receives Notification from NYSE Regarding Delayed Form 20-F Filing
Prnewswire· 2025-05-23 10:30
Core Viewpoint - Eason Technology Limited is currently not in compliance with NYSE American listing standards due to the failure to timely file its 2024 Form 20-F, which was due by May 15, 2025 [1][3]. Group 1: Compliance and Filing Status - The company received a notice from NYSE Regulation regarding its non-compliance with continued listing standards [1]. - The company is subject to a six-month Initial Cure Period until November 15, 2025, to rectify the Filing Delinquency [2]. - If the company fails to cure the delinquency within the Initial Cure Period, it may be granted an Additional Cure Period of up to six months, or face suspension and delisting procedures [2]. Group 2: Reasons for Filing Delay - The company cited delays in completing its financial statements for the period ended December 31, 2024, as the reason for not filing the 2024 Form 20-F on time [3]. - The company is making efforts to file the 2024 Form 20-F as soon as possible within the Initial Cure Period, but there is no assurance of regaining compliance [3]. Group 3: Impact on Trading - The delinquency notice does not have an immediate impact on the listing of the company's American Depositary Shares (ADSs), which will continue to be traded on NYSE American during the cure period [4]. Group 4: Company Overview - Eason Technology Limited is engaged in real estate operation management and investment, as well as digital technology security business in Hong Kong, China [5].