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Eason Technology Securres HK $1.5 Million in Funding to Accelerate Blockchain Intellectual Property Protection Development

1. Renying Capital invests HK$1.5M in an Eason subsidiary. The move boosts blockchain R&D. 2. Investment aims for blockchain-based intellectual property protection and media security. It signals tech advancement. 3. Renying Capital to hold 15% equity post-delivery. This increases strategic capital infusion. 4. CEO envisions Asian market leadership in blockchain by 2025. This could enhance DXF's long-term growth.

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Why Bullish?

The capital injection underlines DXF's strategic pivot towards blockchain security. Historically, tech-focused investments have lifted investor sentiment and stock performance in similar sectors.

How important is it?

While the HK$1.5M investment is modest, it strategically positions DXF in a booming blockchain and IP protection market, potentially driving future revenue.

Why Long Term?

The planned blockchain applications and market leadership ambitions suggest benefits unfolding by 2025. Comparable strategic investments in tech have yielded sustained long-term growth.

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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 transaction in which Renying Capital have invested HK $1.5 million in Hongkong Yiyou Digital Technology Development Limited, a wholly owned subsidiary of Eason Tech, to further the development of blockchain applied to intellectual property protection and media transmission. Renying Capital, the new investor, would own 15% of the total equity interest of Hongkong Yiyou Digital Technology, once delivery is completed.  Eason's CEO Stanley commented, "The company focuses on the research and application of blockchain technology, and the company will take the lead in the Asian market in 2025, providing security solutions based on blockchain technology to the owners of copyright and intellectual property rights such as literature, music, film and television, drama, and games,to serve the people with science and technology." 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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