---
title: "RISING DRAGON ACQUISITION CORP COM USD0.0001 15/11/2028 (SUBS/RT) | 10-Q: FY2025 Q1 EPS: USD 0.08"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/240228636.md"
datetime: "2025-05-14T20:03:49.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/240228636.md)
  - [en](https://longbridge.com/en/news/240228636.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/240228636.md)
generator: "portal-rs"
---

# RISING DRAGON ACQUISITION CORP COM USD0.0001 15/11/2028 (SUBS/RT) | 10-Q: FY2025 Q1 EPS: USD 0.08

EPS: As of FY2025 Q1, the actual value is USD 0.08.

### Segment Revenue

-   The company has not generated any operating revenue as of March 31, 2025, as it is a blank check company focused on identifying a business combination target.

### Operational Metrics

-   Net income for the three months ended March 31, 2025, was $453,867, primarily due to interest income of $597,157 earned on investments held in the Trust Account, offset by formation and operational costs of $143,290.
-   For the same period in 2024, the company reported a net loss of $28,860, which was entirely due to formation and operational costs.

### Cash Flow

-   Net cash used in operating activities for the three months ended March 31, 2025, was - $125,290.
-   The company had cash of $270,259 as of March 31, 2025, and marketable securities in the Trust Account of $58,927,703.

### Unique Metrics

-   The company has placed $57,787,500 of the net proceeds from its IPO and Private Placement into a Trust Account, which will be used to complete its initial business combination.

### Future Outlook and Strategy

-   **Core Business Focus**: The company is focused on completing a business combination by January 14, 2026, and has entered into a merger agreement with HZJL Cayman Limited, which is subject to regulatory and shareholder approvals.
-   **Non-Core Business**: There are no specific plans related to non-core business activities as the company is a blank check company with the primary objective of completing a business combination.

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**