Welcome to our dedicated page for Addentax Group news (Ticker: ATXG), a resource for investors and traders seeking the latest updates and insights on Addentax Group stock.
Addentax Group Corp (ATXG) delivers integrated logistics, garment manufacturing, and property management services across China. This page provides centralized access to official announcements and verified news developments.
Investors and stakeholders will find timely updates on logistics innovations, strategic partnerships, and operational milestones. Track earnings reports, supply chain advancements, and technology initiatives like AI-driven logistics optimization.
Content includes press releases on acquisitions, property management expansions, and manufacturing updates. Bookmark this page for structured access to ATXG's evolving business strategies and market positioning.
Addentax Group Corp. (Nasdaq: ATXG) has successfully regained compliance with Nasdaq's minimum bid price requirement. The company, which had received a notification from Nasdaq on April 24, 2024, for failing to maintain a minimum bid price of $1.00 over 30 consecutive business days, has now met the listing standards. Nasdaq confirmed that ATXG's closing bid price remained at or above $1.00 per share for 10 consecutive business days from February 7 through February 21, 2025, resolving the compliance issue.
Addentax Group Corp. (NASDAQ: ATXG) has acquired a 2.5% equity stake in Well Information Technology (Well InfoTech) for USD $750,000 in cash. The investment consists of 3,750,000 common shares in Well InfoTech, a Nevada-incorporated company headquartered in Hangzhou, China.
Well InfoTech specializes in providing comprehensive marketing solutions, both online and offline, primarily serving fresh food store owners and management personnel across major Chinese cities including Hangzhou, Beijing, and Heilongjiang. The company focuses on enhancing visibility and profitability for fresh food businesses through digital tools and traditional marketing techniques.
Addentax Group Corp. (ATXG) has signed a Memorandum of Understanding (MOU) for strategic cooperation with Shenzhen Yingbin Brand Development, a brand management company based in Guangdong. The partnership aims to develop a comprehensive ecosystem for brand, product, and marketing supply chain services in China. Yingbin Brand, a comprehensive brand service provider, will leverage Addentax's distribution network to strengthen global customer connections and explore new market opportunities. The collaboration focuses particularly on the branded apparel sector.
Addentax Group Corp. announced entering into Private Placement Agreements with two independent investors, resulting in $646,800 gross proceeds from the sale of 660,000 shares of common stock at $0.98 per share. The agreements include standard terms and conditions.
