ATXG News & Events

Addentax Group is engaged in discussions with a strategic Bitcoin investor, a global holder of Bitcoin, to explore a potential collaboration for the development of a sovereign-aligned, regulatory-compliant stablecoin initiative in Southeast Asia. These discussions are part of a broader strategic framework supported by the company's plan to pursue a strategic investment of up to 12,000 Bitcoins. The company believes that, if successfully executed, the proposed initiative could contribute to the development of regulated digital finance infrastructure across the Association of Southeast Asian Nations. As part of the ongoing discussions, Addentax and the Investor are engaging with relevant governmental and regulatory stakeholders to explore a regulatory framework that may support the issuance of a sovereign-aligned stablecoin. No definitive agreements have been executed. The proposed digital asset, if developed, is expected to be structured as a fully reserve-backed and independently audited stablecoin. The parties may evaluate a phased approach to implementation beginning in the second half of 2026.

Addentax Group announced that it has entered into late-stage negotiations regarding a proposed acquisition of a Hong Kong-based online credit services provider operating under a licensed money lending framework. The Company believes that, if completed, the transaction would expand ATXG's presence in the Asia-Pacific digital finance sector by integrating regulated lending operations, AI-driven credit technologies, and digital asset-related innovation initiatives. Founded in 2016, the Hong Kong-based licensed digital lending platform operates under Hong Kong's Money Lenders Ordinance. If completed, ATXG intends to leverage the Hong Kong-based licensed digital lending platform's licensing framework, infrastructure, and local market knowledge to enhance its operational footprint in Hong Kong and explore broader regional opportunities.

Addentax Group announced that on February 9, it entered into separate memorandum of understanding with two institutional investors, backed by a Middle Eastern royal family, setting forth a preliminary understanding regarding a potential strategic equity investment totaling $200M to support the company's business growth in artificial intelligence and cryptocurrency financial services. Pursuant to the MOUs, subject to the negotiation and execution of definitive agreements, each investor intends to invest up to $100M by acquiring newly issued shares of common stock of ATXG at a fixed price of $1.50 per share. The company and the investors have agreed to work in good faith to negotiate and execute definitive agreements within six months, which would include, among other things, a share subscription agreement, disclosure schedules, and related corporate approvals. In addition to the potential capital investment, the company and the investors are in discussions regarding a potential strategic collaboration focused on advancing the company's core initiatives in AI and cryptocurrency financial services. These discussions reflect a shared interest in leveraging ATXG's technological expertise and market presence, including its presence in Hong Kong, combined with the investors' industry resources, regulatory insights, and global market experience to support potential product development and market expansion in AI and cryptocurrency-related solutions. If consummated, we believe that the potential $200M strategic investment would strengthen ATXG's balance sheet and could provide additional capital to support its key growth priorities, including scaling its AI-driven financial technology platforms, expanding its compliant cryptocurrency financial services portfolio, deepening market penetration in Hong Kong and the Asia-Pacific region, and continued investing in research and development. The proposed fixed per-share price of $1.50 was discussed as part of the parties' preliminary understanding and reflects the company's view of the potential investors' interest in ATXG's business model, long-term growth strategy, and the management team.

Addentax Group 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 Riches Group's offshore business ecosystem, AI-enabled financial solutions, and digital currency/crypto service offerings. Based on preliminary internal estimates and subject to final closing and integration, the Company anticipates that the proposed acquisition could contribute approximately HKD 300M in annualized revenue. Riches Group, headquartered in Hong Kong, has built a diversified service ecosystem, which includes global wealth management, international education, immigration consulting, and cross-border healthcare services. Subject to the completion of the proposed acquisition, the Company would gain access to Riches Group's core business assets, including its full suite of wealth management services, which range from private banking and fund custody to global fixed-income products and offshore/US dollar insurance. Based on information provided by Riches Group, these services have historically generated monthly transaction volumes exceeding HK$100M. The proposed acquisition is expected to provide the Company with access to Riches Group's AI-enabled wealth advisory capabilities. Riches Group has developed proprietary algorithms designed to support data-driven, personalized asset allocation strategies, real-time risk assessments, and market insights.