EZGO Technologies Files 2024 Annual Report

TL;DR

EZGO Tech filed its 2024 20-F, check it for biz updates.

AI Summary

EZGO Technologies Ltd. filed its annual report on Form 20-F for the fiscal year ended September 30, 2024. The company, incorporated in the British Virgin Islands, is based in Changzhou City, China, and operates in the Motorcycles, Bicycles & Parts industry. The filing was made on January 17, 2025.

Why It Matters

This filing provides investors with a comprehensive overview of EZGO Technologies' financial performance and business operations for the past fiscal year, crucial for investment decisions.

Risk Assessment

Risk Level: medium — As a foreign private issuer filing a 20-F, the company's reporting standards and regulatory oversight may differ from domestic US companies, introducing potential risks.

Key Numbers

• 20240930 — Fiscal Year End (Indicates the period covered by the annual report.)
• 20250117 — Filing Date (The date the annual report was officially submitted to the SEC.)

Key Players & Entities

• EZGO Technologies Ltd. (company) — Filer of the 20-F report
• 0001213900-25-004698 (dollar_amount) — Accession number for the filing
• 20240930 (dollar_amount) — Fiscal year end date
• 20250117 (dollar_amount) — Filing date
• Changzhou City (company) — Location of business address

FAQ

Key Financial Figures

• $0.04 — egistered Ordinary shares, par value US$0.04 per share EZGO Nasdaq Capital Market
• $1.00 — People's Bank of China was RMB7.0176 to $1.00. Investing in EZGO's securities is hig
• $308,200 — ZGO provided an interest-free loan of US$308,200 to EZGO HK and an interest-free loan of
• $8,000,000 — EZGO HK and an interest-free loan of US$8,000,000 to the WFOE; and EZGO HK injected regis
• $313,000 — ZGO HK injected registered capital of US$313,000 into the WFOE. the WFOE provided loans
• $335,714 — the WFOE. the WFOE provided loans of US$335,714 to the VIE and had US$7,589,951 of paya
• $7,589,951 — oans of US$335,714 to the VIE and had US$7,589,951 of payables due to the VIE and its subs
• $31,848,983 — d an additional interest-free loan of US$31,848,983 to the WFOE, and the WFOE provided addi
• $8,696,766 — ded additional interest-free loans of US$8,696,766 to its wholly-owned subsidiaries. As of
• $14,092,722 — s of September 30, 2023, the WFOE had US$14,092,722 of receivables from its wholly-owned su
• $15,971,124 — its wholly-owned subsidiaries and had US$15,971,124 of payables due to the VIE and VIE's su
• $3,378,947 — ZGO provided an interest-free loan of US$3,378,947 to the WFOE; and EZGO HK injected regis
• $7,000,000 — ZGO HK injected registered capital of US$7,000,000 into the WFOE. the WFOE provided loans
• $2,094,692 — the WFOE. the WFOE provided loans of US$2,094,692 to its wholly-owned subsidiaries. As of
• $15,500,819 — s of September 30, 2024, the WFOE had US$15,500,819 of receivables from its wholly-owned su

Filing Documents

• ea0227793-20f_ezgotech.htm (20-F) — 3340KB
• ea022779301ex2-1_ezgotech.htm (EX-2.1) — 94KB
• ea022779301ex4-22_ezgotech.htm (EX-4.22) — 20KB
• ea022779301ex8-1_ezgotech.htm (EX-8.1) — 7KB
• ea022779301ex12-1_ezgotech.htm (EX-12.1) — 9KB
• ea022779301ex12-2_ezgotech.htm (EX-12.2) — 10KB
• ea022779301ex13-1_ezgotech.htm (EX-13.1) — 3KB
• ea022779301ex13-2_ezgotech.htm (EX-13.2) — 3KB
• ea022779301ex15-1_ezgotech.htm (EX-15.1) — 3KB
• ea022779301ex15-2_ezgotech.htm (EX-15.2) — 2KB
• ea022779301ex15-3_ezgotech.htm (EX-15.3) — 5KB
• image_001.jpg (GRAPHIC) — 278KB
• image_001a.jpg (GRAPHIC) — 72KB
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• image_021.jpg (GRAPHIC) — 105KB
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• image_031.jpg (GRAPHIC) — 7KB
• image_032.jpg (GRAPHIC) — 6KB
• ex4-22_001.jpg (GRAPHIC) — 1168KB
• ex4-22_002.jpg (GRAPHIC) — 373KB
• ex4-22_003.jpg (GRAPHIC) — 740KB
• ex4-22_004.jpg (GRAPHIC) — 667KB
• ex4-22_005.jpg (GRAPHIC) — 919KB
• ex4-22_006.jpg (GRAPHIC) — 859KB
• ex4-22_007.jpg (GRAPHIC) — 82KB
• ex15-3_001.jpg (GRAPHIC) — 14KB
• 0001213900-25-004698.txt ( ) — 25424KB
• ezgo-20240930.xsd (EX-101.SCH) — 149KB
• ezgo-20240930_cal.xml (EX-101.CAL) — 122KB
• ezgo-20240930_def.xml (EX-101.DEF) — 667KB
• ezgo-20240930_lab.xml (EX-101.LAB) — 1166KB
• ezgo-20240930_pre.xml (EX-101.PRE) — 681KB
• ea0227793-20f_ezgotech_htm.xml (XML) — 2240KB

Quantitative and Qualitative Disclosures

Quantitative and Qualitative Disclosures About Market Risk 147 Item 12.

Description of Securities Other than

Description of Securities Other than Equity Securities 147 PART II 148 Item 13. Defaults, Dividend Arrearages and Delinquencies 148 Item 14. Material Modifications to the Rights of Security Holders and Use of Proceeds 148 Item 15.

Controls and Procedures

Controls and Procedures 148 Item 16. [Reserved] 149 Item 16A. Audit Committee Financial Expert 149 Item 16B. Code of Ethics 150 Item 16C. Principal Accountant Fees and Services 150 Item 16D. Exemptions from the Listing Standards for Audit Committees 150 Item 16E. Purchases of Equity Securities by the Issuer and Affiliated Purchasers 150 Item 16F. Change in Registrant's Certifying Accountant 151 Item 16G. Corporate Governance 152 Item 16H. Mine Safety Disclosure 152 Item 16I Disclosure Regarding Foreign Jurisdictions that Prevent Inspections 152 Item 16J Insider Trading Policies 152 Item 16K Cybersecurity 152 PART III 153 Item 17.

Financial Statements

Financial Statements 153 Item 18.

Financial Statements

Financial Statements 153 Item 19. Exhibits 153 i PART I CERTAIN INFORMATION In this annual report on Form 20-F, unless otherwise indicated, "EZGO" refers to EZGO Technologies Ltd., a British Virgin Islands business company; "we," "us," "our," "our company," the "Company" or similar terms refer to EZGO Technologies Ltd. and/or its consolidated subsidiaries, other than the variable interest entity, Jiangsu EZGO Electronic Technologies, Co., Ltd. (formerly known as Jiangsu Baozhe Electric Technologies, Co., Ltd.), a PRC company, unless the context otherwise indicates; and "VIE" refers to the variable interest entity, Jiangsu EZGO Electronic Technologies, Co., Ltd. EZGO conducts operations in China through its wholly-owned subsidiary, EZGO Technologies Group Co., Ltd. (formerly known as Changzhou EZGO Enterprise Management Co., Ltd., and Changzhou Jiekai New Energy Technology Company, the "WFOE"), the VIE, its subsidiaries and other non-VIE subsidiaries in China, and EZGO does not conduct any business on its own. The financial results of the VIE and its subsidiaries are consolidated into our financial interests in EZGO, the British Virgin Islands holding company. Unless the context indicates otherwise, all references to "China" and the "PRC" refer to the People's Republic of China, including Hong Kong and Macau. The term "Chinese" has a correlative meaning for the purpose of this annual report. All references to "Renminbi" or "RMB" are to the legal currency of China and all references to "U.S. dollars," "dollars," "US$" and "$" are to the legal currency of the United States of America (the "United States"). This annual report contains translations of Renminbi amounts into U.S. dollars at specified rates solely for the convenience of the reader. We make no representation that the Renminbi or U.S. dollar amounts referred to in th

View Full Filing

View this 20-F filing on SEC EDGAR