6-K
Digital Currency X Technology Inc. (DCX)
UNITEDSTATES
SECURITIESAND EXCHANGE COMMISSION
Washington,D.C. 20549
FORM6-K
REPORTOF FOREIGN PRIVATE ISSUERPURSUANT TO RULE 13a-16 OR 15d-16UNDER THE SECURITIES EXCHANGE ACT OF 1934
Forthe month of May 2026
CommissionFile Number: 001-41712
DigitalCurrency X Technology Inc.
(Exactname of registrant as specified in its charter)
Room 1101, 11/F., Capital Centre
151 Gloucester Road, Wanchai
Hong Kong
(Addressof principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
| Form<br> 20-F ☒ | Form<br> 40-F ☐ |
|---|
As previously reported in the Company’s Report of Foreign Private Issuer on Form 6-K furnished to the Securities and Exchange Commission on March 20, 2026, Digital Currency X Technology Inc. (the “Company”) entered into a share purchase agreement for the disposal of its wholly-owned subsidiary, Chijet Inc. (the “Disposal”).
In connection with the Disposal, the Company is furnishing, as Exhibit 99.1 to this Report on Form 6-K, its unaudited pro forma condensed financial information. This information was prepared in conformity with Article 11 of Regulation S-X and includes the unaudited pro forma condensed balance sheet as of December 31, 2025, and the unaudited pro forma condensed statements of comprehensive income for the fiscal years ended December 31, 2023, 2024, and 2025.
The pro forma financial information presents the estimated effects of the Disposal on the Company’s financial position and results of operations as if the Disposal had occurred on the relevant dates. This information is provided for illustrative purposes only and does not purport to represent what the Company’s actual financial position or results of operations would have been had the Disposal occurred on the dates indicated, nor is it necessarily indicative of the Company’s future operating results or financial position.
This report on Form 6-K and the attached exhibit are incorporated by reference into the Company’s registration statement on Form F-3 (File No. 333-281314), as amended, and into each prospectus outstanding under the foregoing registration statements, to the extent not superseded by documents or reports subsequently filed or furnished by the Company under the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended.
Exhibits
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| Digital Currency X Technology Inc. | |
|---|---|
| By: | /s/ Dongchun Fan |
| Name: | Dongchun<br> Fan |
| Title: | Chief<br> Financial Officer |
Date: May 7, 2026
Exhibit 99.1
PROFORMA FINANCIAL INFORMATION
The following unaudited pro forma financial information has been derived from our historical audited financial statements for the year ended December 31, 2025 incorporated by reference from our Annual Report on Form 20-F for the year ended December 31, 2025.
The unaudited pro forma financial information is presented for informational purposes only, and is not necessarily indicative of future results of operations and should not be viewed as indicative of future results of operations. You should read the following unaudited pro forma financial information together with “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and our historical consolidated financial statements, including the related notes, all of which are incorporated herein by reference from our Annual Report on Form 20-F for the year ended December 31, 2025.
DIGITAL CURRENCY X TECHNOLOGY INC. AND SUBSIDIARIES
UNAUDITED PRO FORMA COMBINED BALANCE SHEETS
(Amounts in thousands of US$, except for number of shares and per share data)
| **** | Pro Forma<br><br> <br>Adjustments | **** | Note | Pro Forma<br><br> <br>Combined | **** | |||||
|---|---|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||||
| Current Assets | ||||||||||
| Cash and cash equivalents | 3,942 | $ | - | $ | 3,942 | |||||
| Cryptocurrencies | 401,963 | - | 401,963 | |||||||
| Current assets of discontinued operations | 460,779 | (460,779 | ) | (a) | - | |||||
| Total Current Assets | 866,684 | (460,779 | ) | 405,905 | ||||||
| Total Assets | 866,684 | $ | (460,779 | ) | $ | 405,905 | ||||
| LIABILITIES AND SHAREHOLDERS’ EQUITY | ||||||||||
| Current Liabilities | ||||||||||
| Accruals and other current liabilities | 14 | - | $ | 14 | ||||||
| Accruals and other current liabilities, related parties | 82 | - | 82 | |||||||
| Current liabilities of discontinued operations | 709,102 | (709,102 | ) | (a) | - | |||||
| Total Current Liabilities | 709,198 | (709,102 | ) | 96 | ||||||
| Total Liabilities | 709,198 | (709,102 | ) | 96 | ||||||
| Commitments and Contingencies | ||||||||||
| Shareholders’ Equity | ||||||||||
| Class A Ordinary Shares (US3.6 per share, 831,833,333 shares authorized; 19,560,823 shares issued, 19,560,821 shares outstanding as of December 31, 2025) | 70,419 | - | 70,419 | |||||||
| Class B Ordinary Shares (US3.6 per share, 1,500,000 shares authorized; 1,334 shares issued and outstanding as of December 31, 2025) | 5 | - | 5 | |||||||
| Treasury Shares (2 ordinary shares as of December 31, 2025） | (500 | ) | - | (500 | ) | |||||
| Additional paid-in capital | 445,411 | - | 445,411 | |||||||
| Statutory reserve | 6,656 | (6,656 | ) | (a) | - | |||||
| Accumulated deficits | (370,995 | ) | 261,469 | (a) | (109,526 | ) | ||||
| Accumulated other comprehensive loss | (30 | ) | 30 | (a) | - | |||||
| Total Digital Currency X Technology Inc. Shareholders’ Equity | 150,966 | 254,843 | 405,809 | |||||||
| Non-controlling interests | 6,520 | (6,520 | ) | (a) | - | |||||
| Total Equity | 157,486 | 248,323 | 405,809 | |||||||
| Total Liabilities and Shareholders’ Equity | 866,684 | $ | (460,779 | ) | $ | 405,905 |
All values are in US Dollars.
DIGITAL CURRENCY X TECHNOLOGY INC. AND SUBSIDIARIES
UNAUDITED PRO FORMA CONDENSED COMBINED STATEMENTS OF OPERATIONS
(Amounts in thousands of US$, except for number of shares and per share data)
| **** | For the Year Ended<br><br> <br>December 31, 2025 | **** | Pro Forma<br><br> <br>Adjustments | Note | Pro Forma<br><br> <br>Combined | **** | ||||
|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | $ | - | $ | - | $ | - | ||||
| Cost<br> of revenues | - | - | - | |||||||
| Gross<br> profit | - | - | - | |||||||
| Operating<br> Expenses | ||||||||||
| Selling,<br> general and administrative | 8,398 | - | 8,398 | |||||||
| Total<br> Operating Expenses | 8,398 | - | 8,398 | |||||||
| Loss<br> from Operations | (8,398 | ) | - | (8,398 | ) | |||||
| Other<br> income (expense): | ||||||||||
| Realized<br> loss on sale/exchange of cryptocurrencies | (4,268 | ) | - | (4,268 | ) | |||||
| Gain<br> on fair value changes of cryptocurrencies | 83,330 | 83,330 | ||||||||
| Other<br> expenses | (1 | ) | - | (1 | ) | |||||
| Total<br> other income, net | 79,061 | - | 79,061 | |||||||
| Income<br> before income taxes | 70,663 | - | 70,663 | |||||||
| Provision<br> for income tax | - | - | - | |||||||
| Net<br> income from continuing operations | 70,663 | - | 70,663 | |||||||
| Discontinued<br> operations: | ||||||||||
| Net<br> loss from discontinued operations, net of income taxes | (100,737 | ) | 100,737 | (b) | - | |||||
| Gain<br> from disposal of discontinued operations, net of income taxes | - | 261,469 | (e) | 261,469 | ||||||
| Net<br> (loss) income from discontinued operations | (100,737 | ) | 362,206 | 261,469 | ||||||
| Net<br> (loss) income | (30,074 | ) | 362,206 | 332,132 | ||||||
| Less:<br> Net loss attributable to non-controlling interests | (26,460 | ) | 26,460 | (b) | - | |||||
| Deemed<br> dividend attributable to down round feature of warrants | 6,251 | - | 6,251 | |||||||
| Net<br> (Loss) Income Attributable to Digital Currency X Technology Inc. | $ | (9,865 | ) | $ | 335,746 | $ | 325,881 | |||
| Weighted<br> average number of ordinary shares | ||||||||||
| Basic<br> and diluted weighted average ordinary shares outstanding | 2,337,678 | 2,337,678 | ||||||||
| Loss<br> per Share | ||||||||||
| Basic<br> and diluted net (loss) income per share attributable to Digital Currency X Technology Inc. | $ | (4.22 | ) | $ | 139.40 |
DIGITAL CURRENCY X TECHNOLOGY INC. AND SUBSIDIARIES
UNAUDITED PRO FORMA CONDENSED COMBINED STATEMENTS OF OPERATIONS
(Amounts in thousands of US$, except for number of shares and per share data)
| For the Year Ended<br> <br>December 31, 2024 | Pro Forma<br><br> <br>Adjustments | Note | Pro Forma<br><br> <br>Combined | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | $ | - | $ | - | $ | - | ||||
| Cost<br> of revenues | - | - | - | |||||||
| Gross<br> profit | - | - | - | |||||||
| Operating<br> Expenses | ||||||||||
| Selling,<br> general and administrative | 2,425 | - | 2,425 | |||||||
| Total<br> Operating Expenses | 2,425 | - | 2,425 | |||||||
| Loss<br> from Operations | (2,425 | ) | - | (2,425 | ) | |||||
| Income<br> before income taxes | (2,425 | ) | - | (2,425 | ) | |||||
| Provision<br> for income tax | - | - | - | |||||||
| Net<br> income from continuing operations | (2,425 | ) | - | (2,425 | ) | |||||
| Discontinued<br> operations: | ||||||||||
| Net<br> loss from discontinued operations, net of income taxes | (66,580 | ) | 66,580 | (c) | - | |||||
| Gain<br> from disposal of discontinued operations, net of income taxes | - | 191,250 | (e) | 191,250 | ||||||
| Net<br> (loss) income from discontinued operations | (66,580 | ) | 257,830 | 191,250 | ||||||
| Net<br> (loss) income | (69,005 | ) | 257,830 | 188,825 | ||||||
| Less:<br> Net loss attributable to non-controlling interests | (22,110 | ) | 22,110 | (c) | - | |||||
| Net<br> (Loss) Income Attributable to Digital Currency X Technology Inc. | $ | (46,895 | ) | $ | 235,720 | $ | 188,825 | |||
| Weighted<br> average number of ordinary shares | ||||||||||
| Basic<br> and diluted weighted average ordinary shares outstanding | 4,511 | 4,511 | ||||||||
| Loss<br> per Share | ||||||||||
| Basic<br> and diluted net (loss) income per share attributable to Digital Currency X Technology Inc. | $ | (10,396.74 | ) | $ | 41,858.79 |
DIGITAL CURRENCY X TECHNOLOGY INC. AND SUBSIDIARIES
UNAUDITED PRO FORMA CONDENSED COMBINED STATEMENTS OF OPERATIONS
(Amounts in thousands of US$, except for number of shares and per share data)
| For the Year Ended<br> <br>December 31, 2023 | Pro Forma<br><br> <br>Adjustments | Note | Pro Forma<br><br> <br>Combined | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | $ | - | $ | - | $ | - | ||||
| Cost<br> of revenues | - | - | - | |||||||
| Gross<br> profit | - | - | - | |||||||
| Operating<br> Expenses | ||||||||||
| Selling,<br> general and administrative | 3,593 | - | 3,593 | |||||||
| Total<br> Operating Expenses | 3,593 | - | 3,593 | |||||||
| Loss<br> from Operations | (3,593 | ) | - | (3,593 | ) | |||||
| Income<br> before income taxes | (3,593 | ) | - | (3,593 | ) | |||||
| Provision<br> for income tax | - | - | - | |||||||
| Net<br> income from continuing operations | (3,593 | ) | - | (3,593 | ) | |||||
| Discontinued<br> operations: | ||||||||||
| Net<br> loss from discontinued operations, net of income taxes | (94,908 | ) | 94,908 | (d) | - | |||||
| Gain<br> from disposal of discontinued operations, net of income taxes | - | 314,235 | (e) | 314,235 | ||||||
| Net<br> (loss) income from discontinued operations | (94,908 | ) | 409,143 | 314,235 | ||||||
| Net<br> (loss) income | (98,501 | ) | 409,143 | 310,642 | ||||||
| Less:<br> Net loss attributable to non-controlling interests | (30,390 | ) | 30,390 | (d) | - | |||||
| Net<br> (Loss) Income Attributable to Digital Currency X Technology Inc. | $ | (68,111 | ) | $ | 378,753 | $ | 310,642 | |||
| Weighted<br> average number of ordinary shares | ||||||||||
| Basic<br> and diluted weighted average ordinary shares outstanding | 4,401 | 4,401 | ||||||||
| Loss<br> per Share | ||||||||||
| Basic<br> and diluted net (loss) income per share attributable to Digital Currency X Technology Inc. | $ | (15,476.19 | ) | $ | 70,584.41 |
Note1 — Description of Transactions
Disposition of Chijet Inc. and its subsidiaries
Historically Digital Currency X Technology Inc. (the “Company”), collectively with its subsidiaries, was engaged in the development, manufacture, sales, and service of new energy vehicles, hybrid vehicles and traditional fuel vehicles in China.
On March 18, 2026, the Company entered into an agreement to dispose its interests in Chijet Inc. and its subsidiaries (the “Disposed Group”) to an unrelated third party for a cash consideration of US$1. The disposal was completed on March 20, 2026. The Disposed Group represented the Company’s new energy vehicle business and constituted a strategic shift that had a major effect on the Company’s operations and financial results, as it generated substantially all of the Company’s historical revenues. Pursuant to the Disposition SPA, the Purchaser agreed to purchase the Disposed Group in exchange for nominal cash consideration of US$1 (the “Purchase Price”). Upon the closing of the transaction contemplated by the Disposition SPA, the Purchaser became the sole shareholder of Disposed Group and as a result, assume all assets and liabilities of Disposed Group and subsidiaries owned or controlled by Disposed Group.
Note2 — Basis of Presentation
Disposition of Chijet Inc. and its subsidiaries
The unaudited pro forma condensed combined financial statements give effect to the disposition of the legacy business under the deconsolidation method of accounting in accordance with Financial Accounting Standards Board (FASB) Accounting Standard Codification (“ASC”) Topic 810, Consolidation (“ASC 805”).
The unaudited pro forma condensed combined balance sheet as of December 31, 2025 assumes that disposition of the Disposed Group was completed on December 31, 2025.
The unaudited pro forma condensed combined statement of operations information for the year ended December 31, 2025 and gives pro forma effect to the disposition of the Disposed Group as if it had occurred on January 1, 2025.
The unaudited pro forma condensed combined statement of operations information for the year ended December 31, 2024 and gives pro forma effect to the disposition of the Disposed Group as if it had occurred on January 1, 2024.
The unaudited pro forma condensed combined statement of operations information for the year ended December 31, 2023 and gives pro forma effect to the disposition of the Disposed Group as if it had occurred on January 1, 2023.
Note3 — Notes and Adjustments to Unaudited Pro Forma Condensed Combined Balance Sheet Adjustments
The pro forma adjustments to the unaudited pro forma condensed combined balance sheet consist of the following:
| (a) | Reflects<br> the disposal of the Disposed Group for a consideration price of $1 on March 20, 2026. |
|---|
Note4 — Notes and Adjustments to Unaudited Pro Forma Condensed Combined Statements of Operations
The pro forma adjustments to the unaudited pro forma condensed combined statements of operations consist of the following:
| (b) | Unaudited<br> pro forma condensed consolidated income statement information for the year ended December 31, 2025, reflects the disposal of the<br> Disposed Group as if the disposal of the Disposed Group had occurred on January 1, 2025. |
|---|---|
| (c) | Unaudited<br> pro forma condensed consolidated income statement information for the year ended December 31, 2024, reflects the disposal of the<br> Disposed Group as if the disposal of the Disposed Group had occurred on January 1, 2024. |
| (d) | Unaudited<br> pro forma condensed consolidated income statement information for the year ended December 31, 2023, reflects the disposal of the<br> Disposed Group as if the disposal of the Disposed Group had occurred on January 1, 2023. |
| (e) | Reflects<br> the gain from disposal of the Disposed Group. |