Addentax Group Corp. Announces Proposed Acquisition of Leading Asian AI-Enabled Hong Kong-based Licensed Digital Lending Platform, with Over HK$2 Billion Annual Loan Volume

Rhea-AI Summary

Addentax Group (Nasdaq: ATXG) announced on February 11, 2026 that it is in late-stage negotiations to acquire a Hong Kong–based licensed digital lending platform. The platform serves over 30,000 customers annually and reports historical loan approvals exceeding HK$2 billion.

The proposed deal would add regulated lending operations, AI-driven credit assessment tools, and digital-asset related initiatives to ATXG's Asia-Pacific fintech strategy, subject to completion, integration and applicable regulatory approvals.

Positive

• Access to a licensed Hong Kong lending platform serving over 30,000 customers annually
• Historical loan approvals of HK$2 billion+ provide a sizable origination base
• Acquisition would add AI-driven credit assessment and digital origination capabilities

Negative

• Transaction is in late-stage negotiations and is not completed or binding
• Digital-asset related initiatives are described as subject to applicable regulatory considerations

News Market Reaction

-7.95%

7 alerts

-7.95% News Effect

-46.6% Trough in 2 hr 54 min

-$434K Valuation Impact

$5M Market Cap

0.0x Rel. Volume

On the day this news was published, ATXG declined 7.95%, reflecting a notable negative market reaction. Argus tracked a trough of -46.6% from its starting point during tracking. Our momentum scanner triggered 7 alerts that day, indicating moderate trading interest and price volatility. This price movement removed approximately $434K from the company's valuation, bringing the market cap to $5M at that time.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Historical loan approvals: HK$2 billion Annual customers: 30,000+ customers Platform founding year: 2016 +5 more

8 metrics

Historical loan approvals HK$2 billion Loan approvals reported by Hong Kong digital lending platform

Annual customers 30,000+ customers Customers served annually by Hong Kong lending platform

Platform founding year 2016 Founding year of Hong Kong licensed digital lending platform

Potential strategic investment US$200 million Planned equity investment under Feb 10, 2026 MOUs

Proposed share price US$1.50 per share Price discussed in MOUs with Middle East–backed investors

Projected revenue HKD 300 million Estimated annualized revenue from Riches Group acquisition if completed

Monthly transaction volume HKD 100 million Historical monthly volume at Riches Group platform

Advisory team size 4,000+ advisors Professional advisors associated with Riches Group platform

Market Reality Check

Price: $0.3994 Vol: Volume 15,137,848 is 7.77...

high vol

$0.3994 Last Close

Volume Volume 15,137,848 is 7.77x the 20-day average of 1,947,833, indicating elevated trading interest ahead of the acquisition update. high

Technical Price at $0.4289 is trading below the 200-day MA of $0.60, reflecting a longer-term downtrend despite recent fintech expansion news.

Peers on Argus

Momentum data flags ATXG moving down while only two peers show activity: one dow...

1 Up 1 Down

Momentum data flags ATXG moving down while only two peers show activity: one down (−5.20%) and one up (+4.34%). Mixed peer directions and scanner flagging false for sector move point to stock-specific trading around this digital lending acquisition.

Previous Acquisition,AI Reports

1 past event · Latest: Feb 06 (Positive)

Same Type Pattern 1 events

Date	Event	Sentiment	Move	Catalyst
Feb 06	Proposed AI acquisition	Positive	-5.8%	Plan to buy AI-enabled Riches Group platform with HKD 300M revenue potential.

Pattern Detected

The only prior acquisition,AI announcement on Feb 06, 2026 saw a -5.84% move despite growth-focused messaging, suggesting past market skepticism toward similar AI/fintech acquisition plans.

Recent Company History

Over recent months, Addentax has pursued a transition from logistics toward AI-driven and digital-asset financial services. On Feb 06, 2026, it announced a proposed acquisition of Riches Group’s AI-enabled asset management platform, with potential HKD 300 million in annualized revenue. On Feb 10, 2026, it disclosed MOUs for up to US$200 million in strategic equity at $1.50 per share. Today’s proposed AI-enabled Hong Kong lending acquisition continues this Hong Kong-centric fintech build-out.

Historical Comparison

acquisition,AI

-5.8 %

Average Historical Move

Historical Analysis

Past acquisition+AI news on Feb 06, 2026 led to a -5.84% move. Today’s digital lending deal follows the same strategy of adding Hong Kong-based, AI-enabled financial platforms.

Typical Pattern

The company has moved from proposing an AI-enabled wealth platform acquisition toward adding an AI-driven, licensed Hong Kong lending platform, deepening its fintech footprint in the region.

Market Pulse Summary

The stock moved -8.0% in the session following this news. A negative reaction despite expansion news...

Analysis

The stock moved -8.0% in the session following this news. A negative reaction despite expansion news would fit past skepticism, such as the -5.84% move after the February AI acquisition announcement. The lending platform’s over HK$2 billion in approvals and 30,000+ customers signal scale, but investors may focus on execution risk, regulatory complexity in Hong Kong, and the company’s small market cap of about $4.98 million ahead of any large strategic financing.

Key Terms

licensed money lending framework, money lenders ordinance (cap. 163), algorithm-based credit assessment tools, digital assets

4 terms

licensed money lending framework regulatory

"online credit services provider operating under a licensed money lending framework"

A licensed money lending framework is the set of government rules and permits that let a business legally offer loans and collect interest. It matters to investors because it determines how a lender can operate — the size and terms of loans, required capital and disclosures, and penalties for noncompliance — which directly affects revenue potential, legal risk and the safety of returns, much like traffic laws shape how safely and efficiently drivers reach destinations.

money lenders ordinance (cap. 163) regulatory

"operates under Hong Kong's Money Lenders Ordinance (Cap. 163)."

A law that sets the rules for commercial and consumer lending in a specific jurisdiction, requiring most people and firms who lend money to hold a license, follow disclosure and conduct rules, and face penalties for illegal lending. For investors, it matters because it determines which lending businesses are legal and compliant, affects loan enforceability, interest and fee practices, and creates regulatory risk that can change a lender’s value or a borrower’s cost of capital—like traffic laws that govern how vehicles can operate on the same roads.

algorithm-based credit assessment tools technical

"platform incorporating algorithm-based credit assessment tools designed to support risk evaluation"

Computer programs that evaluate a borrower’s ability to repay loans by analyzing large amounts of data—such as income, payment history and other signals—and producing a score or recommendation. Think of them as automated credit judges that can make decisions faster and at much larger scale than humans; for investors they matter because they influence loan approval rates, portfolio quality and default risk, and can affect earnings, regulatory exposure and valuation.

digital assets financial

"explored the potential role of digital assets within lending-related risk management"

Digital assets are electronic files or representations of value stored electronically, such as cryptocurrencies, digital tokens, or digital art. They matter to investors because they can be bought, sold, and used for transactions much like physical assets, but exist entirely in digital form, offering new opportunities for investment and financial innovation.

AI-generated analysis. Not financial advice.

SHENZHEN, China, Feb. 11, 2026 /PRNewswire/ -- Addentax Group Corp. (Nasdaq: ATXG) ("ATXG" or the "Company") announced today 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 (Cap. 163). According to information provided by the Hong Kong–based licensed digital lending platform, it serves over 30,000 customers annually, with historical loan approvals exceeding HK$2 billion. The Hong Kong–based licensed digital lending platform's operations include consumer and small-and-medium-sized enterprises financing solutions delivered through technology-enabled channels. Subject to completion of the proposed acquisition, ATXG would gain access to Hong Kong–based licensed digital lending platform, local operational expertise, and digital origination capabilities.

The Hong Kong–based licensed digital lending platform has developed a continuously operating loan application platform incorporating algorithm-based credit assessment tools designed to support risk evaluation, automated processing, and service efficiency. The integration of these systems, if completed, could strengthen ATXG's broader financial technology capabilities, including data-driven risk modeling, customer segmentation, and scalable digital service delivery.

Additionally, the Hong Kong–based licensed digital lending platform has explored the potential role of digital assets within lending-related risk management. Based on information made available to ATXG, these initiatives include internal risk control approaches developed with reference to Hong Kong's evolving regulatory environment. Subject to completion of the acquisition and applicable regulatory considerations, such capabilities may support the development of compliant digital asset–related financial applications.

The proposed acquisition aligns with ATXG's objective of expanding its participation in technology-enabled financial services markets. 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.

About Addentax Group Corp.

Addentax Group Corp. is an integrated service provider specializing in garment manufacturing and logistics services. 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 U.S. 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 the Company 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 the Company's Annual Report on Form 10-K for the year ended March 31, 2025. 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.
Phone: + (86) 755 86961 405
yoongxin.chan@zgyingxi.com 

Investor Relations Contact:

Sherry Zheng
WAVECREST GROUP INC.
1-718-213-7386
sherry@wavecrestipo.com 

View original content:https://www.prnewswire.com/news-releases/addentax-group-corp-announces-proposed-acquisition-of-leading-asian-ai-enabled-hong-kongbased-licensed-digital-lending-platform-with-over-hk2-billion-annual-loan-volume-302685096.html

SOURCE Addentax Group Corp.

FAQ

What did Addentax (ATXG) announce on February 11, 2026 about a proposed acquisition?

ATXG said it is in late-stage negotiations to buy a Hong Kong licensed digital lending platform. According to the company, the platform serves over 30,000 customers annually and reports historical loan approvals exceeding HK$2 billion, and the deal remains subject to completion and approvals.

How large are the lending operations the proposed ATXG acquisition would add in Hong Kong?

The platform reports historical loan approvals exceeding HK$2 billion and serves over 30,000 customers annually. According to the company, those figures reflect the platform's consumer and SME financing throughput since its founding in 2016.

What technology capabilities would ATXG gain if the acquisition of the Hong Kong lender completes?

ATXG would gain AI-driven credit assessment tools and a continuously operating digital origination platform. According to the company, these systems support automated risk evaluation, processing efficiency, and customer segmentation for scalable digital delivery.

Are there regulatory or completion risks for ATXG's proposed acquisition of the Hong Kong lender?

Yes. The transaction is conditional and subject to completion and applicable regulatory considerations. According to the company, digital-asset related initiatives cited by the platform would also depend on Hong Kong's evolving regulatory environment.