Addentax Group Corp., together with its subsidiaries, operates as a logistic service provider in the People's Republic of China and the United States. It operates through four segments: Garment Manufacturing, Logistics Services, Property Management and Subleasing, and Epidemic Prevention Supplies. The company manufactures garments; and provides logistic services, such as storage, transportation, warehousing, handling, packaging, and order processing, as well as customs declaration and tax clearance services. It also manufactures, distributes, and trades in epidemic prevention supplies; and offers shop subleasing and property management services for garment wholesalers and retailers in the garment market. The company is based in Shenzhen, China.
Addentax Group Corp. Announces Reverse Stock Split
SHENZHEN, China, March 26, 2026 /PRNewswire/ -- Addentax Group Corp. (Nasdaq: ATXG) (the "Company") announced today that following the stockholder approval of the reverse stock split proposal at the Company's 2025 Annual Meeting of Stockholders held on January 30, 2026, the Board of Directors of the Company, on March 19, 2026, approved a reverse stock split of the Company's common stock at a ratio of 1-for-15 (the "Reverse Stock Split") and authorized the filing of a Certificate of Amendment to the Company's Articles of Incorporation (the "Amendment") to effect the Reverse Stock Split. On March 24, 2026, the Company filed the Amendment with the Secretary of State of the State of Nevada to effect the Reverse Stock Split.