SHENZHEN, China, Feb. 6, 2026 /PRNewswire/ -- Addentax Group Corp. (Nasdaq: ATXG) (the "Company", "ATXG", "we", "us" or "our") today announced the proposed strategic acquisition of the offshore wealth management and integrated cross-border service business of Hong Kong-based Riches Group, a provider of global asset allocation and cross-border services. The Company believes that, if completed, the proposed acquisition would support the Company's global expansion strategy by facilitating the integration of R ...

Company Overview - Addentax Group Corp. operates primarily through its subsidiaries in China, focusing on garment manufacturing, logistics services, and property management[92]. Logistics Services - The logistics services segment covers 44 cities across 10 provinces and 2 municipalities, with plans to develop 20 additional logistics routes in 2025[103]. - As of September 30, 2024, the logistics services segment expects to improve profits in 2025 through the establishment of an efficient logistics system[103]. - Revenue from logistics services accounted for approximately $0.8 million, or 98.4%, of total revenue for Q3 2025, compared to $1.0 million, or 71.9%, in Q3 2024[132]. - Revenue from logistics services accounted for approximately $1.6 million, or 98.0% of total revenue for the six months ended September 30, 2025, compared to $1.5 million or 66.2% in 2024[156]. - The gross profit margin for logistics services decreased to 27.1% in Q3 2025 from 47.0% in Q3 2024, primarily due to increased toll expenses and a competitive pricing strategy[140]. - Gross profit margin for logistics services decreased to 25.1% for the six months ended September 30, 2025, down from 47.6% in 2024, attributed to higher toll expenses and competitive pricing strategies[164]. Garment Manufacturing - The garment manufacturing business aims to expand its customer base and improve profit, emphasizing exceptional quality and timely delivery[102]. - The company disposed of AOT in May 2025, indicating a strategic shift in its garment manufacturing operations[98]. - Revenue from the garment manufacturing business contributed approximately $0.01 million, or 1.6%, of total revenue for Q3 2025, down from $0.1 million, or 11.1%, in Q3 2024, attributed to decreased order volume and market competition[131]. - Revenue from garment manufacturing contributed $32,831, or 2.0% of total revenue for the six months ended September 30, 2025, down from approximately $0.2 million or 10.7% in 2024[155]. - The company incurred no labor costs in the garment manufacturing business for Q3 2025, as production was outsourced, compared to 24.5% of revenue in Q3 2024[135]. - Labor costs for garment manufacturing represented approximately 24.8% of total revenue for the six months ended September 30, 2025, compared to 23.2% in 2024, reflecting a decrease in revenue[159]. - Gross profit margin for garment manufacturing was 30.5% for the six months ended September 30, 2025, compared to 19.1% in 2024, mainly due to procurement from external manufacturers[163]. Financial Performance - Total revenue for the three months ended September 30, 2025, decreased by approximately $292,207, or 26.3%, compared to the same period in 2024, primarily due to declines in garment manufacturing and logistics services revenue[130]. - Gross profit for the three months ended September 30, 2025, was $225,147, a decrease of $245,933, or 52.2%, from $471,080 in Q3 2024[141]. - Loss from operations for Q3 2025 was $449,848, compared to a loss of $41,512 in Q3 2024, marking an increase in losses of $408,336, or 983.7%[146]. - Net loss for the three months ended September 30, 2025, was approximately $102,837, compared to a net loss of approximately $721,532 in the same period of 2024, reflecting an improvement of $618,695, or 85.7%[151]. - Basic and diluted loss per share for Q3 2025 was ($0.01), compared to ($0.13) for Q3 2024[151]. - Total revenue for the six months ended September 30, 2025, decreased by $38,962, or 2.3%, compared to the same period in 2024, primarily due to a decrease in garment manufacturing revenue[154]. - Gross profit for the six months ended September 30, 2025, was $415,561, a decrease of 43.5% from $735,558 in 2024[165]. - Loss from operations for the six months ended September 30, 2025, was $804,723, an increase of 136.3% compared to a loss of $340,539 in 2024[169]. - Net loss for the six months ended September 30, 2025, was approximately $495,275, a significant improvement from a net loss of $1,942,643 in 2024[174]. - General and administrative expenses increased by approximately 34.3% to $670,352 in Q3 2025 from $499,193 in Q3 2024[144]. - General and administrative expenses increased by approximately 23.4% to $1.2 million for the six months ended September 30, 2025, compared to $1.0 million in 2024[168]. Cash Flow and Financial Position - Net cash used in operating activities for the six months ended September 30, 2025, was approximately $0.97 million, a decrease of $1.5 million compared to the cash provided by operating activities of $0.53 million in the same period of 2024[175]. - Net cash used in investing activities for the six months ended September 30, 2025, was approximately $0.27 million, which was $0.15 million more than the $0.12 million used in the same period of 2024[176]. - Net cash provided by financing activities for the six months ended September 30, 2025, was approximately $1.36 million, an increase of $1.8 million compared to the cash used in financing activities of $0.4 million in the same period of 2024[177]. - As of September 30, 2025, the company had cash on hand of approximately $0.4 million, total current assets of approximately $27.8 million, and current liabilities of approximately $1.1 million[178]. Economic Environment - Economic uncertainty in China has led to increased pricing pressure, impacting sales growth and operating margins[111]. - The company has experienced continued pricing pressure due to significant economic uncertainty in China, affecting client sensitivity to costs[111]. Foreign Currency and Financing - The company is exposed to foreign currency risks due to operations in China, with all sales conducted in RMB, which has appreciated against the U.S. dollar[180]. - The foreign currency translation loss for the six months ended September 30, 2025, was approximately $(0.08) million, compared to a loss of $(0.05) million in the same period of 2024[180]. - The company plans to seek additional equity financing if required for future growth and strategic objectives, as indicated by the CEO[179]. - The company has no off-balance sheet arrangements that could affect its financial condition as of September 30, 2025[181].

| 代码 | 名称 | 最新价 | 涨跌幅 ^ | 涨跌额 | 成交额 | | --- | --- | --- | --- | --- | --- | | ATXG | 盈喜集团 | 0.6621 | -29.79% | -0.2809 | 75.81万 | | BGIN | Bgin Blockchain | 4.960 | -17.33% | -1.040 | 1667.34万 | | MHUA | 美华国际 | 0.2698 | -16.93% | -0.0550 | 22.09万 | | EDHL | Everbright Digital | 1.010 | -15.83% | -0.190 | 276.21万 | | PLAG | 美国绿星球 | 2.160 | -14.29% | -0.360 | 23.43万 | 中概股收盘跌幅前五的个股为：盈喜集团跌29.79%，Bgin Blockchain跌17.33%，美华国际跌16.93%， Everbright Digital跌15.83%，美国绿星球跌14.29%。(格隆汇) ...

Group 1: Super League Enterprise, Inc. - Super League Enterprise, Inc. announced a $10 million strategic equity investment from Evo Fund, leading to a sharp increase in its stock price [1] - Shares of Super League Enterprise rose 200% to $9.83 in pre-market trading following the announcement [1] Group 2: Other Notable Gainers - Professional Diversity Network, Inc. gained 88.8% to $5.40 in pre-market trading after a previous rise of around 4% [4] - STRATA Skin Sciences, Inc. rose 80% to $3.06 in pre-market trading after an 8% increase on Monday [4] - Jiuzi Holdings, Inc. jumped 50.9% to $1.69 in pre-market trading after a 5% gain on Monday [4] - New Era Energy & Digital, Inc. gained 47.2% to $0.8941 in pre-market trading after a surge of around 12% on Monday [4] - Better Home & Finance Holding Company increased by 30% to $64.95 in pre-market trading, following a 46% jump on Monday [4] - MicroCloud Hologram Inc. surged 29% to $7.17 in pre-market trading after announcing a breakthrough in quantum technology [4] - Cassava Sciences, Inc. rose 24.1% to $2.88 in pre-market trading after CEO Richard Barry purchased shares at an average price of $2.25 [4] - SES AI Corporation surged 10.3% to $2.04 in pre-market trading after a 17% increase on Monday [4] - Ballard Power Systems Inc. gained 8.3% to $3.12 in pre-market trading after a 5% rise on Monday [4] Group 3: Notable Decliners - Psyence Biomedical Ltd. dipped 19.6% to $3.65 in pre-market trading after a decline of around 5% on Monday [4] - Diginex Limited shares fell 17.7% to $14.60 in pre-market trading after a jump of over 30% on Monday [4] - Addentax Group Corp. declined 16.5% to $0.9021 in pre-market trading after gaining more than 30% on Monday [4] - Boxlight Corporation fell 15.5% to $4.03 in pre-market trading after a significant jump of 205% on Monday [4] - Reliance Global Group, Inc. dropped 15.5% to $0.9122 in pre-market trading after a 47% increase on Monday [4] - Qualigen Therapeutics, Inc. declined 14.1% to $4.75 in pre-market trading after a 95% jump on Monday [4] - Fly-E Group, Inc. fell 13.1% to $0.8773 in pre-market trading after announcing a securities purchase agreement [4] - Firefly Aerospace Inc. dropped 12.5% to $43.29 in pre-market trading after reporting a second-quarter loss [4] - Opendoor Technologies Inc. dipped 6.3% to $7.85 in pre-market trading after a 12% fall on Monday [4] - Symbotic Inc. fell 4.8% to $57.80 in pre-market trading after a gain of more than 6% on Monday [4]

Group 1 - The top five gaining Chinese concept stocks at closing were: Mindong Hong up 43.85%, Skyline Construction Group up 40.76%, Yingxi Group up 30.51%, Huicheng Technology up 27.72%, and Junfu Financing up 25.73% [1] - Mindong Hong's latest price is 0.2280 with a gain of 43.85%, translating to an increase of 0.0695 and a trading volume of 63.41 million [1] - Skyline Construction Group's latest price is 3.350 with a gain of 40.76%, translating to an increase of 0.970 and a trading volume of 23.44 million [1] - Yingxi Group's latest price is 1.0800 with a gain of 30.51%, translating to an increase of 0.2525 and a trading volume of 9.59 million [1] - Huicheng Technology's latest price is 0.3700 with a gain of 27.72%, translating to an increase of 0.0803 and a trading volume of 14.59 million [1] - Junfu Financing's latest price is 4.300 with a gain of 25.73%, translating to an increase of 0.880 and a trading volume of 0.2392 million [1]

Group 1 - The top five gaining Chinese concept stocks at the close were: Raytheon Electronics up 35.57%, Fangdd up 22.53%, Bit Origin up 18.83%, Youxin Technology up 14.05%, and Yingxi Group up 13.78% [1] - Raytheon Electronics (RAYA) closed at 0.0606 with a gain of 35.57%, translating to an increase of 0.0159 and a trading volume of 6.5167 million [1] - Fangdd (DUO) closed at 3.970 with a gain of 22.53%, translating to an increase of 0.730 and a trading volume of 11.8321 million [1] Group 2 - Bit Origin (BTOG) closed at 0.4600 with a gain of 18.83%, translating to an increase of 0.0729 and a trading volume of 4.5705 million [1] - Youxin Technology (YAAS) closed at 0.0755 with a gain of 14.05%, translating to an increase of 0.0093 and a trading volume of 6.0798 million [1] - Yingxi Group (ATXG) closed at 0.7167 with a gain of 13.78%, translating to an increase of 0.0868 and a trading volume of 0.6795 million [1]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: June 30, 2025 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____________ to _________________ Commission File No. 001-41478 ADDENTAX GROUP CORP. (Exact name of registrant as specified in its charter) Washington, D.C. 20549 (State or other jurisdiction of ...

Core Points - Addentax Group Corp. has entered into a non-binding term sheet to acquire up to 12,000 Bitcoins, increasing the potential acquisition size from the previously discussed 8,000 BTC, with an estimated market value of approximately US$1.3 billion [1][3] - The acquisition will be settled through the issuance of newly issued shares of the Company's common stock, with final terms to be determined through mutual agreement [1][2] - The management has expressed a strong intention to allocate significant resources to a long-term Bitcoin investment strategy, aiming to leverage the current bullish momentum of Bitcoin [4] Company Overview - Addentax Group Corp. is an integrated service provider specializing in garment manufacturing, logistics services, and property management and subleasing [5]

Company Overview - Addentax Group Corp. operates primarily through its wholly owned subsidiary YX and other subsidiaries in China, focusing on garment manufacturing, logistics services, and property management[268]. - Addentax Group Corp. is listed on the Nasdaq Capital Market under the symbol "ATXG" and operates as a holding company without direct ownership of substantive business operations in China[268]. Business Segments - The logistics services segment currently covers 44 cities across 10 provinces and 2 municipalities in China, with plans to develop 20 additional logistics routes in 2025[278]. - The property management and subleasing segment aims to integrate resources in shopping malls and develop e-commerce bases to enhance store value, following the acquisition of Dongguan Hongxiang Commercial Co., Ltd. in September 2023[279]. - The garment manufacturing business emphasizes exceptional quality and timely delivery, with a goal to expand the customer base and improve profitability[277]. Financial Performance - Total revenue for the year ended March 31, 2025, decreased by approximately $1.0 million, or 18.9%, compared to the previous year, primarily due to a decline in revenue from the logistics services business[307]. - Revenue from the logistics services business contributed approximately $3.0 million, or 72.2%, of total revenue for the year ended March 31, 2025, down from $4.3 million, or 84.3%, in 2024, reflecting a decrease of approximately $1.3 million due to market volatility[309]. - Gross profit for the year ended March 31, 2025, was approximately $634,257, a decrease of 43.1% from $1,115,085 in 2024, with a gross profit margin of 15.2% compared to 21.6% in the previous year[306]. - Operating expenses increased by 9.1% to $2,451,227 for the year ended March 31, 2025, compared to $2,246,281 in 2024, leading to a loss from operations of $1,816,970, which is a 60.6% increase in loss compared to the previous year[322]. - Net loss was approximately $5.1 million for the year ended March 31, 2025, compared to a net loss of approximately $3.1 million for the year ended March 31, 2024[331]. Segment Performance - The garment manufacturing business generated approximately $0.3 million, or 6.8%, of total revenue for the year ended March 31, 2025, up from $0.2 million, or 4.5%, in 2024, attributed to insufficient customer volume[308]. - Gross profit for the logistics services business was approximately $1.1 million for the year ended March 31, 2025, with a gross profit margin of 34.8%, an increase from $0.9 million and 21.8% in 2024, mainly due to reduced subcontractor usage[321]. - The cost of revenue for property management and subleasing was approximately $1.3 million, or 153.5% of total revenue for that segment in 2025, compared to $0.5 million, or 81.4%, in 2024[319]. - Subcontracting fees for logistics services decreased by approximately 89.0% to $0.2 million in 2025 from $1.5 million in 2024, accounting for 5.5% of total logistics revenue compared to 34.9% in the previous year[318]. - Raw materials cost for the garment manufacturing business was approximately 49.6% of total revenue in 2025, significantly up from 14.6% in 2024, due to increased manufacturing activities[313]. - Selling expenses for property management and subleasing were $264,270 in 2025, compared to $83,987 in 2024, reflecting a significant increase in costs associated with this segment[323]. Cash Flow and Assets - Net cash provided by operating activities increased by approximately $1.1 million to $816,001 for the year ended March 31, 2025, compared to a cash outflow of $411,473 for the year ended March 31, 2024[332]. - Cash on hand as of March 31, 2025, was approximately $0.3 million, with total current assets of approximately $29.8 million and current liabilities of approximately $4.0 million[335]. - Net cash used in investing activities was approximately $205,811 for the year ended March 31, 2025, compared to a cash inflow of $90,731 for the year ended March 31, 2024[332]. - Net cash used in financing activities increased by approximately $1.6 million to $1,102,141 for the year ended March 31, 2025, compared to $521,704 for the year ended March 31, 2024[334]. Tax and Accounting - Income tax expense for the year ended March 31, 2025, was $4,649, a decrease from $11,605 for the year ended March 31, 2024[327]. - The company has identified critical accounting policies that could result in material changes to its financial position or results of operations under different conditions[288]. Economic and Operational Challenges - Economic uncertainty in China has led to increased pricing pressure, impacting sales growth and operating margins, although timely collections from customers have not yet been affected[286][287]. - The company has experienced a seasonal pattern in its garment manufacturing business, with higher purchase orders typically in the second and third quarters[280]. - The logistics services business is more vulnerable to shipping delays during the Chinese New Year due to congestion and customs issues[281]. - The company has a collection policy requiring advances or deposits from new customers and offers payment terms of 30 to 180 days for established customers[283]. Future Outlook - The CEO has indicated the intent and ability to provide additional equity financing if required for future operations[336].

Core Points - Addentax Group Corp. has regained compliance with Nasdaq Listing Rule 5450(a)(1) [1][2] - The company was previously notified on April 24, 2024, that its common stock had failed to maintain a minimum bid price of $1.00 for 30 consecutive business days [2] - From February 7 to February 21, 2025, the closing bid price of the company's common stock was at or above $1.00 per share, leading to the closure of this compliance matter [2] Company Overview - Addentax Group Corp. is an integrated service provider specializing in garment manufacturing, logistics services, and property management and subleasing [3]