Eason Technology Ltd Files 6-K Report

TL;DR

Eason Tech (EASON) filed a 6-K on Jan 16, 2025, updating its status as a Cayman Islands company with HQ in Wuhan.

AI Summary

Eason Technology Limited, formerly Dunxin Financial Holdings Ltd and China Xiniya Fashion Ltd, filed a Form 6-K on January 16, 2025. The filing indicates the company is a Cayman Islands exempted company and provides its principal executive offices in Wuhan City, Hubei Province, China. The report is for the month of January 2025 and is filed under the Securities Exchange Act of 1934.

Why It Matters

This filing provides an update on Eason Technology Limited's regulatory disclosures, which is important for investors tracking the company's compliance and operational status.

Risk Assessment

Risk Level: low — This is a routine filing (6-K) providing basic company information and not announcing significant financial events or strategic changes.

Key Numbers

• 001-34958 — Commission File Number (Identifies the company's registration with the SEC.)

Key Players & Entities

• Eason Technology Limited (company) — Registrant
• Dunxin Financial Holdings Ltd (company) — Former company name
• China Xiniya Fashion Ltd (company) — Former company name
• 001-34958 (dollar_amount) — Commission file number
• 20250116 (date) — Filing date

FAQ

Key Financial Figures

• $0.00005 — ,000 Class A ordinary shares, par value $0.00005 per share (the " Shares "), at a per sh
• $0 — es "), at a per share purchase price of $0.00005, for an aggregate purchase price
• $0.3 million — gregate purchase price of approximately $0.3 million (the " Offering "). On January 14, 20

Filing Documents

• dxf_6k.htm (6-K) — 45KB
• dxf_ex991.htm (EX-99.1) — 50KB
• 0001477932-25-000301.txt ( ) — 96KB

From the Filing

dxf_6k.htm UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 or 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of January 202 5 Commission file number: 001-34958 EASON TECHNOLOGY LIMITED 23rd Floor, Lianfa International Building 128 Xudong Road, Wuchang District Wuhan City, Hubei Province 430063 People's Republic of China (Address of Principal Executive Offices) Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40- F. Form 20-F Form 40-F Entry into Material Definitive Agreements Closing of January PIPE As previously disclosed, Eason Technology Limited, a Cayman Islands exempted company (the " Company ") entered into a certain securities purchase agreement (the " SPA ") with certain investors (the " Purchasers ") on January 8, 2025, pursuant to which the Company agreed to sell 6,000,000,000 Class A ordinary shares, par value $0.00005 per share (the " Shares "), at a per share purchase price of $0.00005, for an aggregate purchase price of approximately $0.3 million (the " Offering "). On January 14, 2025, the transaction contemplated by the SPA consummated when all the closing conditions of the SPA have been satisfied and the Company issued the Shares to the Purchasers pursuant to the SPA. Entry into Real Property Purchase Agreement On January 14, 2024, the Company and Shenzhen Four Divisions Global Industrial Operations Co. Ltd. (" Shenzhen Four Divisions "), a subsidiary of the Company, entered into certain real property purchase agreement (the " Purchase Agreement ") with Hubei Fuxin Real Estate Co., Ltd. (the " Seller "), to acquire from the Seller a property located in Yunmeng County, Xiaogan City, Hubei, China (the " Property "), with a construction area of 1,487 square meters and a transaction value of RMB 8,532,700 (approximately USD 1.17 million) according to a real property appraisal report. Pursuant to the Purchase Agreement, the Company agreed to issue a total of 36,000,000,000 restricted Class A ordinary shares, par value $0.00005 each, as consideration to Seller for the property (the " Property Acquisition "). The Purchase Agreement contains customary representations and warranties from both parties, and the closing of the Property Acquisition is subject to various closing conditions set forth therein. On January 16, 2025, the Company consummated the Property Acquisition upon the satisfaction or waiver of all closing conditions set forth in the Purchase Agreement. The Company plans to commence operations in its real estate leasing business and associated management services, which focuses on acquiring and leasing properties to generate stable revenue streams while providing supplementary management services to tenants. The Company's strategy includes acquiring commercial center assets and industrial park properties, which are then leased to tenants such as medical institutions. This strategy will help the Company generate income through fixed rental agreements and, in certain cases, operational and management service fees based on tenant profitability. Entry into Lease Agreement On January 16, 2025, Shenzhen Four Divisions entered into certain Lease Agreement (the " Lease Agreement ") with Hubei Zongyang Hospital Co., Ltd. (the " Tenant ") to lease the Property to the Tenant for the operation of a traditional Chinese medicine hospital. Pursuant to the terms of the Lease Agreement, the Tenant shall pay a monthly rent of RMB 42,000, payable in six-month intervals, with a security deposit equivalent to three months' rent. Shenzhen Four Divisions is responsible for any major repairs, while the Tenant covers utilities and must adhere to approved property use. Renewals of the Lease Agreement shall require two months' prior notice, and unauthorized subleasing or misuse can result in penalties or termination. Any disputes between Shenzhen Four Division and the Tenant shall be resolved through negotiation or local courts. The foregoing description of the Purchase Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the Purchase Agreement, which is filed as Exhibit 99.1 to this Form 6-K. The Purchase Agreement and the transactions contemplated thereby were approved and authorized by the board of directors of the Company on January 8, 2025. 1 Submission of Matters to a Vote of Security Holders. The Company held its 2025 annual general meeting at 10:00 a.m., Eastern Time (11:00 p.m. Beijing Time), on January 10, 2025 at the Company's office at 27th Floor, Lianfa International Building, 128 Xudong Road, Wuchang District, Wuhan City, Hubei Province, People's Republic of China. Holders of a total of 13,620,288,013 shares (consisting of 13,108,055,776 Class A Ordinary Shares and 512,232,237 Class B Ordinary Shares), out of a total of 14,00

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View this 6-K filing on SEC EDGAR