Yu Jiaxin
On April 26, 2024, Ms. Yu Jiaxin (“Ms. Yu”) resigned as an independent director and the chairperson of the Compensation Committee, an audit Committee member and a nominating and corporate governance committee member of Addentax Group Corp.
Highest-materiality recent filing
Addentax to issue 33,500 shares for 41.67% stake in related-party Riches Family Office
Addentax to acquire 41.67% of Riches Family Office for 33,500 shares to COO Wu Rui.
Addentax completes acquisition of Time Is Loan Limited, issues 137,790 shares
Completed acquisition of Time Is Loan Limited via Hong Kong subsidiary Yingxi.
Acquired 62.18% of Keemo Fashion for $5.5M via bond transfer; closed March 30, 2026.
Addentax Group to acquire Time Is Loan Ltd via share exchange for 137,790 shares
Acquires 100% of Time Is Loan Limited, a Hong Kong company, from sole shareholder Ms. OR Shan Shan.
Addentax regains Nasdaq minimum bid price compliance after 10-day period ending April 13, 2026
Received Nasdaq notice on April 14, 2026 confirming compliance with Listing Rule 5550(a)(2).
Addentax completes acquisition of Keemo Fashion for $5.5M, gains 62.18% control
Acquired 34.2M shares of Keemo Fashion from Guang Wen Global Group for ~$5.5M.
Addentax awards 1,000,000 shares to COO, 183,335 to CEO; fully vested, adjusted for reverse split
COO Wu Rui awarded 1,000,000 shares; CEO Hong Zhida awarded 183,335 shares, both fully vested on grant date April 8, 2026.
Addentax Group Corp. announces 1-for-15 reverse stock split effective March 30, 2026
Reverse stock split ratio 1-for-15 approved by stockholders on Jan 30, 2026, effective 12:01 a.m. ET on March 30, 2026.
Addentax Group dismisses Pan-China Singapore PAC, appoints HML PLT as new auditor
Dismissed Pan-China Singapore PAC as independent auditor; no adverse opinions or disagreements in FY2024 and FY2025.
Target platforms serve over 600,000 customers with estimated annual loan volume exceeding HK$25 billion.
Addentax to acquire 62.18% of Keemo Fashion Group for $5.5M in bond transfer
Acquires 34.2M shares of Keemo Fashion (62.18% voting rights) from Guang Wen Global Group for $5.5M.
Addentax Group to acquire 62.18% stake in Keemo Fashion for $5.5M via bond transfer
Purchase price $5.5M; consideration is a portion of an existing bond ($17.5M principal, 2.5% interest, 1-year renewable).
Addentax explores stablecoin initiative with strategic Bitcoin investor; 12,000 BTC plan
Advanced discussions with a major global Bitcoin holder for a regulatory-compliant stablecoin in Southeast Asia.
Addentax Group proposes acquisition of HK-based AI lending platform with HK$2B annual loan volume
Proposed acquisition of a Hong Kong licensed digital lending platform; in late-stage negotiations.
Two institutional investors backed by a Middle Eastern royal family each intend to invest up to $100M at a fixed $1.50/share.
Addentax adopts Chinese-language name '宏业财阜集团' effective Feb 9, 2026
Designated '宏业财阜集团' as official Mandarin name for all Chinese-language materials.
Proposed acquisition of Riches Group's offshore wealth management, AI-enabled financial solutions, and digital currency/crypto services.
Addentax shareholders elect 5 directors, authorize reverse stock split up to 1:250
Elected directors Hong Zhida, Hong Zhiwang, Li Weilin, Alex P. Hamilton, Xiao Jiangping; broker non-votes 2,746,434.
Addentax Group appoints Wu Rui as Chief Operating Officer
Wu Rui, 37, appointed COO effective Dec 12, 2025; reports to CEO Hong Zhida.
Addentax Group receives Nasdaq deficiency notice for bid price below $1.00
Nasdaq notified Addentax on Dec 2, 2025, that its common stock bid price was below $1.00 for 30 consecutive business days.
Addentax regains Nasdaq minimum bid price compliance after 20 trading days above $1.00
Received Nasdaq compliance notice on October 20, 2025, confirming bid price rule cure.
Addentax in discussions with Kings United for Web3.0 payment and RWA integration
Potential cooperation includes HK-licensed trust vehicle and transfer of up to 100M KINGS tokens at ~$10M valuation.
Addentax receives second 180-day Nasdaq extension to April 2026 to regain $1 minimum bid price
Nasdaq granted Addentax an additional 180 days, until April 6, 2026, to comply with the $1 minimum bid price rule.
Addentax Group Corp raises CEO Hong Zhida's salary from $17,229 to $200,000
Annual salary increased from $17,229 to $200,000, effective August 11, 2025.
Term sheet with independent Bitcoin holder for up to 12,000 BTC, valued at ~$1.3B at current prices.
Discussions to acquire up to 8,000 Bitcoins and Official Trump tokens (TRUMP) for ~$800M via issuance of common stock.
Addentax Group (ATXG) receives Nasdaq bid price deficiency notice; must cure by Oct 6, 2025
Bid price below $1.00 for 30 consecutive business days; shares continue trading on Nasdaq under ATXG.
Addentax board decides say-on-pay votes every 3 years after shareholder vote
Shareholders voted 1,672,598 for a 3-year frequency, 14,166 for 1-year, 805 for 2-year, with 344,975 abstaining.
Addentax stockholders elect all five director nominees, ratify auditor at annual meeting
All five director nominees elected: Hong Zhida (2,021,495 for), Hong Zhiwang, Li Weilin, Alex P. Hamilton, Xiao Jiangping (Gary) – 783,157 broker non-votes.
Addentax regains Nasdaq minimum bid price compliance; delisting risk removed
Nasdaq confirmed closing bid price at or above $1.00 for 10 consecutive business days (Feb 7-21, 2025).
Addentax buys 2.5% stake in fresh-food marketing firm Well InfoTech for $750k
Acquired 3,750,000 shares of Well InfoTech for $750,000 cash, ~2.5% equity stake.
Addentax signs non-binding MOU with Yingbin Brand for supply chain cooperation in China
Non-binding MOU with Shenzhen Yingbin Brand Development Co., Ltd. announced on Nov 21, 2024.
Addentax receives 180-day Nasdaq extension to April 21, 2025 to fix bid price
Nasdaq granted extension until April 21, 2025 after company failed to meet $1.00 minimum bid price.
Addentax extends maturity of $16.7M convertible note to July 4, 2025
Amended senior secured convertible note originally issued Jan 4, 2023 in aggregate principal of $16,666,666.66.
Addentax shareholders approve reverse stock split authorization, elect directors
All five director nominees elected with >98% of votes cast; Hong Zhida, Hong Zhiwang, Yu Jiaxin, Alex P. Hamilton, Xiao Jiangping.
Addentax sets 2024 annual meeting for June 28; proposal deadline May 30
2024 annual meeting of stockholders scheduled for June 28, 2024; record date May 22, 2024.
Addentax appoints Li Weilin as independent director after Yu Jiaxin resignation
Ms. Yu Jiaxin resigned as independent director and committee chair/ member effective April 26, 2024; no disagreement cited.
Addentax raises $646,800 via private placement of 660,000 common shares at $0.98/share
Entered private placement agreements with independent investors Chai Hua and Liu Lu on April 29, 2024.
Addentax receives Nasdaq notice for bid price below $1.00; 180-day cure period
Nasdaq notification on April 24, 2024, due to bid price below $1.00 for 30 consecutive business days.
On April 26, 2024, Ms. Yu Jiaxin (“Ms. Yu”) resigned as an independent director and the chairperson of the Compensation Committee, an audit Committee member and a nominating and corporate governance committee member of Addentax Group Corp.
On the same day, the Board of Directors (the “Board”) of the Company appointed Mr. Li Weilin (“Mr. Li”) as an independent director.
Max materiality 0.85 · Median 0.50 · Most common event other_material