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EBON vs KT

Ebang International Holdings Inc. Class A Ordinary Shares and KT Corp.

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Ebang International Holdings Inc. Class A Ordinary Shares

Ebang International Holdings Inc., through its subsidiaries, provides cross-border payment and foreign exchange services in Mainland China and Australia. The company offers solar and battery storage solutions, such as smart solar inverters and hybrid solar and storage systems; and SaaS data visualization and analytics solutions. It also provides fiber-optic communication access devices, such as 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 communication terminals, including gigabit passive optical network, Fiber to the Room products, passive optical network converged gateway, enterprise cloud gateway devices, industrial Internet of Things access devices, and business enterprise smart wireless access devices. In addition, the company sells bitcoin mining machines under the Ebit brand. It also operates a proprietary cryptocurrency exchange platform. The company serves the blockchain and telecommunications industries. It sells its blockchain products directly, as well as through its website; and telecommunication products through supplier contracts. The company was founded in 2010 and is headquartered in Hangzhou, China.

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KT Corp.

KT Corporation provides integrated telecommunications and platform services in South Korea, rest of Asia, and internationally. The company offers mobile voice and data telecommunications services based on 5G, 4G LTE and 3G W-CDMA technology; fixed-line telephone services, including local, domestic long-distance, international long-distance, and voice over Internet protocol telephone services, as well as interconnection services; broadband Internet access service and other Internet-related services; and data communication services, such as fixed-line and leased line services, as well as broadband Internet connection services. It also provides media and content services, including IPTV, satellite TV, digital music, e-commerce, online advertising consulting, and web comics and novels services; and credit card processing and other financial services. In addition, the company offers information technology and network services, and satellite services; sells handsets and miscellaneous telecommunications equipment; develops and sells residential units and commercial real estate; and rents real estate properties. Further, it offers public telephone maintenance; security, B2C and B2B, investment fund, software development and data processing, value-added network, call center, system integration and maintenance, marketing, PCS distribution, transportation and trucking arrangement business, cloud system implementation, satellite communication network, installation and management, and data center development and related services. Additionally, the company is involved in the Internet banking ASP and security solutions, residential building development and supply, sports team management, technology business finance, and submarine cable construction and maintenance businesses. The company was formerly known as Korea Telecom Corp. and changed its name to KT Corporation in March 2002. KT Corporation was founded in 1981 and is based in Seoul, South Korea.

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