Ebang International Holdings Inc. (China)

The Company engages in manufacturing and selling high-performance bitcoin mining machines and telecommunication products, and provides financial technology (“Fintech”) services through independently developed Fintech service platforms.
The Company provides mining machine hosting services; and engages in the development of proprietary cryptocurrency exchange platform. In addition, the company offers fiber-optic communication access devices, including multiprotocol label switching fiber-optic access network devices, multi-service access platform integrated business access devices, and wavelength-division multiplexing fiber-optic devices; and enterprise convergent terminal products, which consists gigabit passive optical network, Fiber to the Room products, passive optical network converged gateways, enterprise cloud gateway devices, industrial Internet of Things access devices, and business enterprise smart wireless access devices. It serves the blockchain and telecommunications industries. The Company also operates a cross-border payment and foreign exchange platform. It sells its blockchain products directly, as well as through its website; and telecommunication products under the EBANG brand name primarily through supplier contracts.
HISTORY
2018 The Company was incorporated on May 17, 2018, as a holding company, as an exempted company with limited liability in the Cayman Islands.
2010.In January 2010, Mr. Dong Hu, the Company s chairman of board of directors and chief executive officer, founded Zhejiang Ebang Communication Technology Co., Ltd., or Zhejiang Ebang, which established Zhejiang Ebang Information Technology Co., Ltd., or Ebang IT, to conduct development and sales of communications network access devices and related equipment.
2014. In early 2014, in view of the burgeoning opportunities in the blockchain industry, itbegan to conduct research and feasibility studies on the blockchain business and develop blockchain computing equipment.
2015. In August 2015, Zhejiang Ebang was listed on the National Equities Exchange and Quotations Co., Ltd., or the NEEQ.
2016. In August 2016, the Company acquired 51.05 of the equity interest in Hangzhou Dewang Information Technology Co., Ltd., or Hangzhou Dewang, through its capital injection in Hangzhou Dewang.
2018. In March 2018, Zhejiang Ebang was delisted from the NEEQ in preparation for the reorganization.
On May 17, 2018, the Company incorporated Ebang International Holdings Inc., its holding company, as an exempted company with limited liability in the Cayman Islands. In 2018, it underwent a series of corporate reorganization for our initial public offering, including incorporation of its company as the listing vehicle, incorporation of its oversea holding companies and issuance of shares to shareholders of Ebang Hongfa to reflect their respective shareholdings before the reorganization. The Company completed the reorganization in May 2018.
2020. On June 26, 2020, The Company s Class A ordinary shares commenced trading on the Nasdaq Global Select Market under the symbol “EBON.”.