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Eason Technology Secures HK $1.5 Million Investment from Renying Capital for Blockchain Expansion
Eason Technology (DXF) Limited has announced a significant investment from Renying Capital, which has contributed HK $1. 5 million to Hongkong Yiyou Digital Technology Development Limited, a wholly owned subsidiary of Eason Tech. This funding aims to advance the application of blockchain technology in intellectual property protection and media transmission. Upon completion of the transaction, Renying Capital will hold a 15% equity stake in Hongkong Yiyou Digital Technology.
CEO Stanley stated, “Our company is dedicated to the research and implementation of blockchain technology, and we aim to lead the Asian market by 2025, offering blockchain-based security solutions to copyright and intellectual property owners in fields such as literature, music, film and television, drama, and games, ultimately benefiting society through technology. " Discover the Best Stocks and Maximize Your Portfolio: Find out which stocks are garnering Strong Buy ratings from top analysts. Utilize TipRanks’ Stock Screener to filter, analyze, and simplify your search for investment opportunities. Originally published on TheFly – your premier source for real-time, market-sensitive financial news. Try Now>> Check out Insiders’ Hot Stocks on TipRanks >> Read More on DXF:
Brief news summary
Eason Technology (DXF) Limited has secured an investment of HK $1.5 million from Renying Capital for its subsidiary, Hongkong Yiyou Digital Technology Development Limited. This funding is aimed at enhancing the use of blockchain technology in intellectual property protection and media transmission. As a result of the investment, Renying Capital will obtain a 15% equity stake in Hongkong Yiyou Digital Technology. Eason's CEO, Stanley, highlighted the firm's dedication to blockchain research and application, predicting that by 2025, the company will be a leader in the Asian market for blockchain-based security solutions focused on copyright and intellectual property rights across creative industries such as literature, music, film, and gaming. This strategy reflects Eason’s commitment to utilizing technology for community benefit. For insights on stock investments rated as Strong Buy by analysts, consider exploring TipRanks’ Stock Screener. Stay informed on financial news by visiting TheFly.
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