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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities
Exchange Act of 1934
Date of Report (Date of earliest event reported): February 06, 2024
Addentax Group Corp.
(Exact name of registrant as specified in its charter)
| Nevada |
|
001-41478 |
|
35-2521028 |
|
(State or other jurisdiction
of incorporation) |
|
(Commission
File Number) |
|
(IRS Employer
Identification No.) |
Kingkey 100, Block A, Room 4805,
Luohu District, Shenzhen City, China 518000
(Address of principal executive offices)
Registrant’s telephone number, including area
code +(86) 755 86961 405
Securities registered pursuant to Section 12(b) of
the Act:
| Title of each class |
|
Trading Symbol(s) |
|
Name of each exchange on which registered |
| Common Stock |
|
ATXG |
|
Nasdaq Capital Market |
Check the appropriate box below if the Form 8-K filing
is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instructions
A.2. below):
| ☐ |
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| |
|
| ☐ |
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| |
|
| ☐ |
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| |
|
| ☐ |
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Indicate by check mark whether
the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule
12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☒
If an emerging growth company,
indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial
accounting standards provided pursuant to Section 13(a) of the Exchange Act.
Information
Contained in this Form 8-K Report
On
February 06, 2024, Addentax Group Corp. issued a press release to announce the formalization of a nationwide strategic cooperation
and signing of a Memorandum of Understanding (“MOU”) with Shenzhen Tamir Cultural Tourism Development Co., Ltd. The collaboration
aims to launch a “Tourism-As-A-Service” platform utilizing Artificial Intelligence (“AI”) and blockchain tools,
with the goal of incubating local and overseas pan-entertainment and tourism services.
A
copy of the press release dated February 06, 2024, is included as Exhibit 99.1 to this report.
A
copy of the MOU dated February 06, 2024, is included as Exhibit 99.2 to this report.
Item
9.01. Exhibits.
The
exhibits filed or furnished with this report are listed in the following Exhibit Index:
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.
| |
Addentax
Group Corp. |
| |
|
|
| Date:
February 06, 2024 |
By: |
/s/
Hong Zhida |
| |
|
Hong
Zhida |
| |
|
Chief
Executive Officer |
Exhibit
99.1
Addentax
Group Corp. is Launching “Tourism-As-A-Service” Platform with Artificial Intelligence and Block-Chain Tools to Incubate Local
and Overseas Pan-Entertainment and Tourism Services
SHENZHEN,
China, February 06, 2024 /PRNewswire/ — Addentax Group Corp. (“Addentax” or the “Company”) (Nasdaq:
ATXG), an integrated service provider focusing on garment manufacturing, logistics services, property management, and subleasing, has
announced the formalization of a strategic cooperation and the signing of a Memorandum of Understanding (the “MOU”) with
Shenzhen Tamir Cultural Tourism Development Co., LTD (“Tamir”), a leading full block-chain service provider for Chinese cultura
commercial tourism and rural revitalization in the People’s Republic of China (“PRC”). Through the integration of top-level
designs, investments, development, financing, construction, promotion, operation, and training, Tamir is creating a pan-tourism development
and operation service platform with Artificial Intelligence (“AI”) and block-chain tools. Its comprehensive business coverage
spans across China, with involvement in more than 15 cities in the PRC and the successful completion of a total of 18 high-quality projects
in various cities in the PRC.
Tamir
will collaborate with Addentax, especially for Addentax’s formerly announced Games-as-a-Service (“GaaS”) project, which
focuses on the development of Artificial Intelligence (“AI”) Online Operational Tools (the “AI project”) since
June 2023. This collaboration aims to build a brand-new “Tourism-as-a-Service” platform, further enhancing efficiency in
its full-chain tourism service with AI and block-chain tools.
Addentax
and Tamir have entered into a collaboration to establish strategic cooperation in both the PRC and overseas regions. Both sides will
allocate resources to build comprehensive brand supply chains, product supply chains, and marketing supply chains in the PRC and oversea
markets, utilizing AI and block-chain tools in the brand-new “Tourism-as-a-Service” platform.
“We
are more than happy to witness the utilization of our AI and block-chain tools in the ‘Tourism-as-a-Service’ pan-entertainment
platform. This testifies to our R&D capability in AI-based technologies. This new collaboration with a leading tourism service company
will undoubtedly further enhance our AI and blockchain capabilities,” stated Mr. Hong Zhida, Chairman and CEO of Addentax. “We
anticipate more AI technology research and developments translating into real-life applications and utilization.”
About
Addentax Group Corp. Corp.
Addentax
Group Corp. Corp. is an integrated service provider specializing in garment manufacturing, logistics services, and property management
and subleasing. For more information about the Company, please visit the website: https://www.addentax.com/.
Caution
Concerning Forward Looking Statements
All
statements other than statements of historical fact in this announcement are forward-looking statements in nature within the meaning
of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve known and unknown risks and uncertainties
and are based on current expectations and projections about future events and financial trends that the Company believes may affect its
financial condition, results of operations, business strategy and financial needs. Words or phrases such as “may,” “will,”
“expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,”
“believe,” “potential,” “continue,” “is/are likely to” or other similar expressions are
intended to identify such forward-looking statements. The Company undertakes no obligation to update forward-looking statements to reflect
subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company
believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations
will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results
and encourages investors to consider risk factors, including those described in the Company’s filings with the SEC, that may affect
the Company’s future results. All forward-looking statements attributable to the Company and its subsidiaries or persons acting
on their behalf are expressly qualified in their entirety by these risk factors. The forward-looking events discussed in this press release
and other statements made from time to time by us or our representatives, may not occur, and actual events and results may differ materially
and are subject to risks, uncertainties, and assumptions about us. These forward-looking statements are based on information currently
available to Addentax and its current plans or expectations and are subject to a number of known and unknown uncertainties, risks and
other important factors that may cause our actual results, performance or achievements to be materially different from any future results,
performance or achievements expressed or implied by the forward-looking statements. These and other important factors are described in
detail in the “Risk Factors” section of Addentax’s Annual Report on Form 10-K for the year ended March 31, 2023. Although
we believe the expectations reflected in such forward-looking statements are reasonable, we can give no assurance that such expectations
will prove to be correct. We are not obligated to publicly update or revise any forward-looking statement, whether as a result of uncertainties
and assumptions, the forward-looking events discussed in this press release and other statements made from time to time by us or our
representatives might not occur.
Company
Contact:
Public
Relations Contact:
Addentax
Group Corp. Corp.
Phone:
+ (86) 755 86961 405
simon.ng@zgyingxi.com
Investor
Relations Contact:
Sherry
Zheng
Weitian
Group LLC
1-718-213-7386
shunyu.zheng@weitian-ir.com
Exhibit
99.2
合作谅解备忘录
Memorandum
of Understanding
甲方：Addentax
Group Corp. (NASDAQ: ATXG) (“ATXG”)
Party
A：Addentax Group Corp. (NASDAQ: ATXG) (“ATXG”)
乙方：深圳市塔米尔文化旅游发展有限公司
Party
B: Shenzhen Tamir Cultural Tourism Development Co., LTD (“Tamir”)
ATXG是一家专注于服装制造、物流服务、物业管理的综合服务提供商。其服装制造业务主要是向位于中国的批发商进行销售。物流业务包括送货和快递服务，覆盖中国内地重要城市。物业管理和转租业务为服装市场的服装批发商和零售商提供店铺转租和物业管理服务。
ATXG
is an integrated service provider focusing on garment manufacturing, logistics services, property management, and subleasing. In the
clothing manufacturing business segment, ATXG primarily sells garments to wholesalers in China, while the logistics services segment
encompasses delivery and courier services, serving key cities within mainland China. In the realm of property management and leasing
segment, ATXG offers shop leasing and property management services to clothing wholesalers and retailers in the apparel market.
塔米尔文旅发展，秉承”匠心独运·构筑经典”的使命，致力于成为中国文商旅产业和乡村振兴领先的全过程服务商。通过顶层谋划,
实现规划设计、产品打造落慧完美结合，以开发运营策划为前提，规划设计为核心，整合顶层设计、投融资、开发、建造、招商、运营、培训、打造泛旅游开发运营服务平台，为文化、旅游、大健康、体育、农业、教育等区域综合开发运营及项目落地建设提供金链全程孵化服务。业务涉及区域发展战略地建设、招商运营
“四位一体” 的综合服务。全面业务覆盖全国，完成多15个城市，累计18个高品质项目。
Tamir,
adhering by the mission of “By Ingenuity, Constructing Classic,” is dedicated to becoming a leading full-process service
provider in Chinese cultural and commercial tourism, as well as rural revitalization. Through top-level planning, Tamir aims to achieve
a seamless integration of planning and design, along with product creation. With development and operation planning as the foundation
and planning and design as the core, Tamir is able to unite top-level designs, investments and financing, developments, construction,
promotion, operation, and training, thereby establishing a pan-tourism development and operation service platform with Artificial Intelligence
(“AI”). Tamir provides incubation services encompassing culture, tourism, health, sports, agriculture, education, and other
aspects of regional comprehensive development operations and project construction. Its business also encompasses regional development
strategic construction, as well as the investment and operation of “four-in-one” comprehensive services. Its extensive business
coverage spans the country, with involvement in more than 15 cities in the People’s Republic of China (the “PRC”) and
the successful completion of a total of 18 high-quality projects in various cities in the PRC.
于2024年2月6日，双方通过签署本了一份为期3年的合作谅解备忘录达成ATXG与塔米尔文旅发展的合作。通过这份谅解备忘录，双方旨在建立战略合作，共同打造全新的”旅游即服务”平台，以人工智能和区块链工具进一步提升在中华人民共和国全链旅游服务的效率。双方将合作在中国打造全方位的品牌供应链、产品供应链和营销供应链服务。
On
February 06, 2024, ATXG and Tamir entered into a 3-year Memorandum of Understanding (the “MOU”). Through the MOU,
the parties aim to establish strategic cooperation to build a brand-new “Tourism-as-a-Service” platform, further enhancing
efficiency in its full-chain tourism service with AI and block-chain tools in the PRC. Both parties will collaborate to build comprehensive
brand supply chains, product supply chains, and marketing supply chains in the PRC.
签字
SIGNATURE
PAGE
甲方：Addentax
Group Corp. (NASDAQ: ATXG) (“ATXG”)
Party
A：Addentax Group Corp. (NASDAQ: ATXG) (“ATXG”)
签章
/ Signature & seal：
乙方：深圳市塔米尔文化旅游发展有限公司
Party
B: Shenzhen Tamir Cultural Tourism Development Co., LTD (“Tamir”)
签章
/ Signature & seal：
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Addentax (NASDAQ:ATXG)
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