Eason Technology Limited Reports FY2024 Revenue of RMB 12.3 Million Driven by New Digital Security and Real Estate Segments; Gross Margin at 77.7%

Reuters
09/25
Eason Technology Limited Reports FY2024 Revenue of RMB 12.3 Million Driven by New Digital Security and Real Estate Segments; Gross Margin at 77.7%

Eason Technology Limited released its annual report for the fiscal year ended December 31, 2024. The company, a Cayman Islands holding entity with operations conducted primarily through subsidiaries in China, reported that its net cash generated by financing activities reached RMB8.3 million ($1.2 million) in 2024, compared to RMB14.8 million ($2.1 million) in 2023 and RMB6.6 million ($1.0 million) in 2022. The primary source of financing in 2024 was the issuance of convertible notes. The company noted that it has not made significant expenditures on research and development in recent years but is considering investment in this area for its new business initiatives. Eason Technology stated that it is not aware of any significant trends, uncertainties, demands, commitments, or events for the year ended December 31, 2024, that are reasonably likely to have a material adverse effect on its net revenues, income, profitability, liquidity, or capital resources. No significant updates regarding sales, revenue, or net income were disclosed for the reporting period. The company previously operated primarily in providing loan facilities to micro-sized enterprises, SMEs, sole proprietors, and individuals in Hubei province, but has since disposed of its interests in that segment.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Eason Technology Limited published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001477932-25-007006), on September 24, 2025, and is solely responsible for the information contained therein.

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