HONG KONG – February 20, 2025 – Eason Technology Limited (NYSE American: DXF) has announced the acquisition of Hongkong Starlux Intelligent Technology, a blockchain technology company. The deal, which aims to enhance Eason’s digital technology and security operations, will strengthen their research and development capabilities.
Terms of the transaction were not disclosed.
Eason, which is involved in real estate operation management and investment, sees this acquisition as a significant step in their strategic transformation. The company’s CEO, Stanley, noted that the company has ‘successfully returned to the main board market,’ and has achieved operational success in both digital technology and real estate. The real estate business provides stable cash flow alongside industrial application scenarios for digital technology, including manufacturing, healthcare, media, and 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,” Stanley commented.
The move reflects Eason’s plans to accelerate blockchain product development and commercialization. The company plans to release its first blockchain product in the second quarter of 2025.
