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DCX on Nasdaq

Digital Currency X Technology Inc.

Digital Currency X Technology Inc. is a motor vehicles and passenger car bodies company in the Cayman Islands.1 Its shares trade on Nasdaq under the symbol DCX.1

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Last updated Oct 21, 2026.

Overview

-$30.1MNet income, fiscal 20252

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  • TickerDCX on Nasdaq1
  • IndustryMotor Vehicles & Passenger Car Bodies1
  • HeadquartersE91
  • Incorporated inCayman Islands3
  • Business addressNo. 8 Beijing S. Rd., Economic & Tech. Dev. Zone Yantai, Shandong3
  • Filer categoryNon-accelerated filer, Emerging growth company3

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July 28, 2021, Baoyaev Group Limited was incorporated in Hong Kong as a wholly-owned subsidiary of Baoya Technology Holdings Limited.4 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2024

-359.0%Gross margin5
-35.1%Operating margin2
-997.9%Net margin2
-27.1%Revenue growth, 20245
-$26.6MFree cash flow2

Where the money goes

Where each dollar of revenue went, fiscal 2024

  • Cost of revenue80¢$15.6M
  • Research and development8¢$1.5M
  • Selling, general and admin12¢$2.4M
  • Interest0¢$5.0K

Out of $6.9M in revenue.52 The company lost money this year.

Financial statements

Revenue65$6.9M in 2024−69% since 2021
0$10.0M$20.0M$30.0M2021: $22.3M$22.3M20212022: $15.0M$15.0M2022−33%2023: $9.5M$9.5M2023−37%2024: $6.9M$6.9M2024−27%
Gross profit65-$24.8M in 2024−57% since 2021
-$60.0M-$40.0M-$20.0M02021: -$57.2M-$57.2M20212022: -$38.3M-$38.3M2022−33%2023: -$32.8M-$32.8M2023−15%2024: -$24.8M-$24.8M2024−24%
Operating income652-$2.4M in 2024−98% since 2021
-$150.0M-$100.0M-$50.0M02021: -$129.2M-$129.2M20212022: -$118.3M-$118.3M2022−8%2023: -$3.6M-$3.6M2023−97%2024: -$2.4M-$2.4M2024−33%
Net income652-$69.0M in 2024+131% since 2021
-$100.0M-$75.0M-$50.0M-$25.0M02021: -$29.9M-$29.9M20212022: -$77.3M-$77.3M2022+158%2023: -$98.5M-$98.5M2023+27%2024: -$69.0M-$69.0M2024−30%

Every line of the income statement as filed: the last 3 fiscal years, latest first.2

Period ending2025-12-312024-12-312023-12-31
Selling, general and administrative$8.4M$2.4M$3.6M
Total Operating Expenses$8.4M$2.4M$3.6M
Loss from Operations-$8.4M-$2.4M-$3.6M
Realized loss on sale/exchange of cryptocurrencies-$4.3M
Gain on fair value changes of cryptocurrencies$83.3M
Other expenses-$1.0K
Total other income, net$79.1M
Income (loss) before income taxes$70.7M-$2.4M-$3.6M
Net income (loss) from continuing operation$70.7M-$2.4M-$3.6M
Net loss from discontinued operations, net of income taxes-$100.7M-$66.6M-$94.9M
Net loss-$30.1M-$69.0M-$98.5M
Less: Net loss attributable to noncontrolling interests-$26.5M-$22.1M-$30.4M
Deemed dividend attributable to down round feature of warrants$6.3M
Net loss attributable to Digital Currency X Technology Inc.-$9.9M-$46.9M-$68.1M
Net loss-$30.1M-$69.0M-$98.5M
Changes in post-employment and termination benefits$794.0K-$742.0K-$1.2M
Foreign currency adjustment-$8.2M$3.1M-$104.0K
Total comprehensive loss-$37.5M-$66.6M-$99.8M
Less: Total comprehensive loss attributable to non-controlling interests-$27.3M-$20.2M-$30.7M
Total comprehensive loss attributable to Digital Currency X Technology Inc.-$10.2M-$46.4M-$69.1M
Basic weighted average ordinary shares outstanding2.3M shares4.5K shares4.4K shares
Diluted weighted average ordinary shares outstanding2.3M shares4.5K shares4.4K shares
Basic net loss per share attributable to Digital Currency X Technology Inc-$4.22-$10,396.74-$15,476.19
Diluted net loss per share attributable to Digital Currency X Technology Inc-$4.22-$10,396.74-$15,476.19

Compare Digital Currency X Technology Inc. with another company

Corporate structure

Digital Currency X Technology Inc. sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Digital Currency X Technology Inc.

  • Anson Funds Management LP Filed SCHEDULE 13G/A on Digital Currency X Technology Inc., latest May 15, 2026 (2 filings since Feb 17, 2026)
  • Orca Capital AG Filed SCHEDULE 13G/A on Digital Currency X Technology Inc., latest Feb 5, 2026 (2 filings since Nov 28, 2025)
  • Fung Ko Filed SCHEDULE 13G/A on Digital Currency X Technology Inc., latest May 15, 2025 (2 filings since Jan 17, 2025)
  • Hongwei Mu Filed SCHEDULE 13D/A on Digital Currency X Technology Inc., latest May 15, 2025 (4 filings since Feb 16, 2024)
  • Peng Jia Filed SCHEDULE 13G/A on Digital Currency X Technology Inc., latest May 15, 2025 (2 filings since Jan 17, 2025)
  • Zhanghui Ding Filed SCHEDULE 13G/A on Digital Currency X Technology Inc., latest May 15, 2025 (2 filings since Jan 21, 2025)
  • Lichun Wu Filed SCHEDULE 13D on Digital Currency X Technology Inc., latest Jan 10, 2025
  • Hong Kong Yeda International Holdings Co., Ltd Filed SC 13G on Digital Currency X Technology Inc., latest Feb 16, 2024
  • Hong Kong Guotai International Holdings Co., Ltd Filed SC 13G on Digital Currency X Technology Inc., latest Feb 14, 2024
  • Digital Currency X Technology Inc. E9

Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Digital Currency X Technology Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$544.3M5 Dec 31, 2024$565.4M5 Dec 31, 2023−3.7%
Accumulated depreciation$385.5M5 Dec 31, 2024$380.1M5 Dec 31, 2023+1.4%
Property and equipment, net$155.8M5 Dec 31, 2024$181.4M5 Dec 31, 2023−14.1%
Operating-lease assets (leased space)$119.6M5 Dec 31, 2024$126.1M5 Dec 31, 2023−5.2%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$3.9M2 Dec 31, 2025$1.7M2 Dec 31, 2024+134.4%
Long-term investments$3.2M5 Dec 31, 2024$3.7M5 Dec 31, 2023−12.2%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$2.6M5 Dec 31, 2024$2.7M5 Dec 31, 2023−2.7%
Intangible assets, net (excluding goodwill)$123.9M5 Dec 31, 2024$127.4M5 Dec 31, 2023−2.8%
Indefinite-lived intangibles (excluding goodwill)$123.9M5 Dec 31, 2024$127.4M5 Dec 31, 2023−2.7%
Finite-lived intangibles, gross$661.0K5 Dec 31, 2024$680.0K5 Dec 31, 2023−2.8%
Accumulated amortization$657.0K5 Dec 31, 2024$647.0K5 Dec 31, 2023+1.5%
Finite-lived intangibles, net$4.0K5 Dec 31, 2024$33.0K5 Dec 31, 2023−87.9%

Inventory

ItemLatestA year beforeChange
Inventory, total$11.1M5 Dec 31, 2024$14.8M5 Dec 31, 2023−24.6%
Work in process$4.8M5 Dec 31, 2024$7.5M5 Dec 31, 2023−35.9%
Finished goods$4.7M5 Dec 31, 2024$3.7M5 Dec 31, 2023+28.8%

Leadership

Who has led Digital Currency X Technology Inc., and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Melissa N. Chen2026–now

Chief financial officer

  1. Dongchun Fan2026–now
Board members and other officers (3)

Former names

  • Chijet Motor Company, Inc.Dec 16, 2022 to Dec 11, 20253

Timeline

  1. Apr 28, 2026New chief executive Melissa N. Chen becomes CEO7

Filings

126 filings to the SEC since October 2021: 3 annual reports, 7 insider forms, 17 large holders, 99 other. The latest 20:

  1. Sep 24, 20266-K EDGAR
  2. Sep 22, 20266-K EDGAR
  3. Sep 21, 2026424B5 EDGAR
  4. Sep 18, 20266-K EDGAR
  5. Sep 3, 20266-K EDGAR
  6. Aug 26, 2026S-8 EDGAR
  7. Aug 21, 20266-K EDGAR
  8. Aug 3, 20264 EDGAR
  9. Jul 7, 20266-K EDGAR
  10. Jun 25, 20266-K EDGAR
  11. May 15, 20266-K EDGAR
  12. May 15, 2026SCHEDULE 13G/A EDGAR
  13. May 7, 20266-K EDGAR
  14. Apr 30, 202620-F EDGAR
  15. Apr 28, 20263 EDGAR
  16. Apr 21, 20266-K EDGAR
  17. Apr 16, 20263 EDGAR
  18. Apr 1, 20263 EDGAR
  19. Mar 24, 20263 EDGAR
  20. Mar 24, 20263 EDGAR

The 126 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

1 open-market trades by officers, directors and large owners since October 2021: 1 buys and 0 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Jul 30, 2026Chen Melissa NChief Executive Officer (CEO)Buy41,000$1.25$51.2KForm 4

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

SEC filer profile

How Digital Currency X Technology Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARDigital Currency X Technology Inc.1
  • CIK0001957413
  • Filer statusNon-accelerated filer an emerging growth company; a shell company4
  • Incorporated inCayman Islands4
  • Fiscal year endsDecember 311
  • Industry code (SIC)3711 Motor Vehicles & Passenger Car Bodies1
  • SEC reviewing officeOffice of Manufacturing, Division of Corporation Finance1
  • Business addressNo. 8 Beijing S. Rd., Economic & Tech. Dev. Zone Yantai, Shandong, Republic Of China, China1
  • Phone86053527662021
  • Shares outstanding19,560,823 shares as of Dec 31, 20254
  • AuditorAssentsure PAC, Singapore PCAOB ID 6783; no auditor attestation of internal control over financial reporting4
  • On EDGAR sinceDec 16, 20221
  • Filings126 in all: 6-K (69), 3 (6), 425 (6), 424B5 (5), SCHEDULE 13G (5), SCHEDULE 13G/A (5), 20-F (3), CORRESP (3)1
    All 26 form types

    SCHEDULE 13D/A (3), UPLOAD (3), EFFECT (2), SC 13G (2), 4 (1), 424B3 (1), 8-A12B (1), CERT (1), DRS (1), DRS/A (1), DRSLTR (1), F-3 (1), F-4 (1), F-4/A (1), NT 20-F (1), S-8 (1), SC 13D (1), SCHEDULE 13D (1)

  • Latest filingsAnnual report (20-F) Apr 30, 2026

Securities registered for trading

ClassSymbolExchange
class A ordinary shares, par value US$3.6 per shareDCXNasdaq

From the cover page of the 20-F filed Apr 30, 2026 (Section 12(b) of the Exchange Act).4

Sources

The numbers on this page point here. Each one links to the record it came from.

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