Addentax proposes acquisition of Riches Group offshore wealth & crypto platform; revenue target HKD 300M

ADDENTAX GROUP CORP.

Proposed acquisition of Riches Group's offshore wealth management, AI-enabled financial solutions, and digital currency/crypto services.
Anticipated annualized revenue contribution of approximately HKD 300 million from the acquired platform.
Riches Group has monthly transaction volumes exceeding HK$100 million, serves over 1,000 high-net-worth families and 10,000+ households.
Acquisition would bring over 4,000 advisors, proprietary AI algorithms, and regulated digital asset custody capabilities.
No definitive agreement or closing timeline disclosed; acquisition is subject to completion.

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