{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-23-021080","form_type":"8-K","ticker":"ATXG","cik":"0001650101","company_name":"ADDENTAX GROUP CORP.","filed_at":"2023-06-13T23:59:59+00:00","discovered_at":"2026-05-14T18:03:39.837625+00:00","generated_at":"2026-06-14T02:07:08.457878+00:00","sec_items":["1.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Addentax Group acquires Dongguan Hongxiang for ~RMB 3.19M in cash or shares","bullets":["Acquires 100% equity of Dongguan Hongxiang Commercial Co., Ltd. for RMB 3,190,684.","Target est. 2020, registered capital RMB 20M, paid-in RMB 5.03M; sells clothing, electronics, cosmetics.","Deal funded via cash on hand; closing by June 9, 2023.","If cash unpaid, target will use proceeds to buy Addentax parent shares as consideration."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-23-021080","json":"https://secwatch.observer/filing/0001493152-23-021080.json","markdown":"https://secwatch.observer/filing/0001493152-23-021080.md","text":"https://secwatch.observer/filing/0001493152-23-021080.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1650101/000149315223021080/0001493152-23-021080-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1650101/000149315223021080/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-14T02:07:08.457878+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"3c77c546d2d99225ee6fd4aa40c9167afffed4ec","claim":"ADDENTAX GROUP CORP. entered into Agreement with Dongguan Hongxiang Commercial Co., Ltd. valued at approximately RMB3.2 million (effective 2023-06-09).","evidence_excerpt":"On June 9, 2023, Addentax Group Corp. (the “Company”), through itself or its designated entity (the “Buyer”), entered into a share purchase agreement (the “Agreement”) to acquire Dongguan Hongxiang Commercial Co., Ltd.’s entire equity with the relevant sellers","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1650101/000149315223021080/0001493152-23-021080-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"asset purchase"},{"label":"Counterparty","value":"Dongguan Hongxiang Commercial Co., Ltd."},{"label":"Value","value":"approximately RMB3.2 million"},{"label":"Effective","value":"2023-06-09"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}