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Eason Technology Plans to Purchase Bitcoin to Accelerate R&D of Digital Asset Security Products

1. Eason Technology plans to invest $150,000 in Bitcoin for research. 2. The investment aims to accelerate development of a digital asset security product. 3. Eason's focus remains on blockchain security technology, not asset portfolio. 4. CEO emphasizes the company's commitment to infrastructure in digital and blockchain world.

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FAQ

Why Bullish?

Investing in Bitcoin may enhance Eason's position in the rapidly growing blockchain sector.

How important is it?

The announcement indicates strategic focus on innovative technology, potentially attracting positive investor interest.

Why Short Term?

Short-term market reactions to Bitcoin investments could increase volatility and visibility of DXF.

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, /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 a program to call upon up to $150000 to purchase bitcoin, Accelerating R&D of Digital Asset Security Product, which is a consumer-grade security product for the global user. Eason's CEO Stanley commented, "The purchase of digital assets is only for the purpose of product research and development, considering the current development of the company, the company has no plans to include digital assets in the asset portfolio for the time being. The company's focus on the main business, the rapid promotion of blockchain technology security product development, will be the company's most important self-investment plan. The company firmly believes in the technological path of the digital and blockchain world based on Bitcoin and Ethereum and is willing to be an important infrastructure part of it." 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. SOURCE Eason Technology Limited WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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