v3.26.1
Nature of Business and Organization
 12 Months Ended
Dec. 31, 2025
Nature of Business and Organization [Abstract]  
Nature of business and organization

Note 1 – Nature of business and organization

 

Ebang International Holdings Inc. (“Ebang International”) was incorporated on May 17, 2018, as a holding company, as an exempted company with limited liability in the Cayman Islands. Ebang International principally engages in providing cross-border payment and foreign exchange services and cryptocurrency exchange services (collectively referred to as financial technology, or “Fintech” services), selling solar and battery storage products and related accessories, and manufacturing and selling telecommunication products.

 

Ebang International and its consolidated subsidiaries are collectively referred to herein as the “Company”, “we” and “us”, unless specific reference is made to an entity.

 

Corporate Structure

 

Ebang International Holdings Inc. is a holding company incorporated in the Cayman Islands that does not have substantive operations. We conduct our businesses through our subsidiaries. As of December 31, 2025, the principal subsidiaries of the Company consist of the following entities:

 

Name   Background   Ownership
Ebang Communications (HK) Technology Limited (“HK Ebang Communications”), formerly known as Hong Kong Bite Co., Ltd.   ●   A Hong Kong company   100% owned by Ebang International through its subsidiaries  
  ●   Incorporated on February 12, 2016  
  ●   Principally for the trading of renewable energy products  
         
             
Zhejiang Ebang Communication Technology Co., Ltd. (“Zhejiang Ebang”)*   ●   A PRC limited liability company   99.9986% owned by Ebang International through its subsidiaries
  ●   Incorporated on January 21, 2010  
    ●  

Principally holding our businesses in the research, development, design and manufacture of renewable energy products

    
             
Zhejiang Ebang Information Technology Co., Ltd. (“Ebang IT”) **   ●   A PRC limited liability company   99.9964% owned by Ebang International through its subsidiaries
    ●   Incorporated on August 11, 2010    
    ●   Principally for the design, manufacture and sale of telecommunications and blockchain processing equipment    
             
Hangzhou Ebang Shengye Technology Co., Ltd. (“Hangzhou Ebang Shengye”)   ●   A PRC limited liability company   99.9964% owned by Ebang International through its subsidiaries
    ●   Incorporated on November 22, 2023  
    ●   Principally for providing rental services  
             
Ebonex Australia Pty Ltd   ●   An Australia company   100% owned by Ebang International
(“Ebonex Australia”)   ●   Incorporated on April 22, 2021   through its subsidiaries
    ●   Principally for operating the cryptocurrency exchange platform    
             
Ebonfx Australia Pty Ltd   ●   An Australia company   100% owned by Ebang International
(“Ebonfx Australia”), formerly known as Compass Global Holdings Pty Ltd   ●   Acquired on March 21, 2022   through its subsidiaries
    ●   Principally for operating the cross-border payment and foreign exchange business    
             
Redback Operations Pty Ltd   ●   An Australia company   100% owned by Ebang International
(“Redback Operations”)   ●   Acquired on November 8, 2024   through its subsidiaries
    ●   Principally for solar and battery storage solutions    
             
Luceo Australia Pty Ltd (“Luceo Australia”)   ●   An Australia company   100% owned by Ebang International
    ●   Acquired on November 8, 2024   through its subsidiaries
    ●   Principally for SaaS data visualization and analytics solutions    

 

* The portion of the income or loss applicable to the non-controlling interest in Zhejiang Ebang, Ebang IT and Hangzhou Ebang Shengye are immaterial and are not reflected in the consolidated statements of operations and comprehensive loss.

 

** Ebang IT was deregistered on September 26, 2025.