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Addentax Group Corp. (NASDAQ: ATXG) appoints Wu Rui as COO

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Addentax Group Corp. reported a leadership change, appointing Wu Rui as Chief Operating Officer effective December 12, 2025. Wu, age 37, brings experience from several Hong Kong and China-based financial services firms, including director roles at TROOPS, Inc. and founder and CEO of Riches Holdings Limited, which focuses on family office, asset management, insurance brokerage, and fintech-enabled financial services.

Under a new employment agreement, Wu will receive annual compensation of $12,000, paid in full on the last day of each calendar year. The agreement includes standard termination, confidentiality, non-solicitation, and indemnification terms. The company states there are no family relationships or related-party transactions involving Wu that require disclosure.

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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): December 12, 2025

 

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)   (Zip Code)

 

+(86) 755 86961 405

(Registrant’s telephone number, including area code)

 

N/A

(Former Name or former address, if changed since last report)

 

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))

 

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, par value $0.001 per share   ATXG   Nasdaq Capital Market

 

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. ☐

 

 

 

 

 

 

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

 

On December 12, 2025, the board of directors (the “Board”) of Addentax Group Corp. (the “Company”), a Nevada corporation, appointed Mr. Wu Rui as the Chief Operating Officer of the Company. Mr. Wu, age 37, has served as a director of TROOPS, Inc. (Nasdaq: TROO) since June 24, 2024, a Nasdaq-listed company engaged in money lending, property investment, and the operation of an online fintech marketplace. Mr. Wu is also one of the founders of Riches Holdings Limited and has served as its Chief Executive Officer since November 2017. Riches Holdings Limited provides family office services, asset management solutions, insurance brokerage services, and fintech-enabled financial services. From December 2016 to November 2017, Mr. Wu served as Chief Operating Officer at Reliable Wealth Management Limited, where he built a nationwide distribution network in mainland China, managed the operations and support teams at the head office, and led the development of the company’s CRM system. From July 2016 to December 2016, Mr. Wu served as a founding partner and investment director at R&F Global Wealth Limited. From September 2012 to June 2016, Mr. Wu served as Assistant Associate Director at Convoy Financial Group Limited, one of the largest financial advisory firms over the past two decades in Hong Kong. Mr. Wu obtained a Bachelor’s degree in Business Administration from The Chinese University of Hong Kong in November 2012.

 

On December 12, 2025, the Company and Mr. Wu entered into an Employment Agreement (the “Employment Agreement”), pursuant to which Mr. Wu will be compensated at a rate of $12,000 per year, payable in full on the last day of each calendar year. The Employment Agreement contains customary termination, confidentiality, non-solicitation, and indemnification provisions. The foregoing summary of the Employment Agreement does not purport to be complete and is qualified in its entirety by reference to the Employment Agreement, a copy of which is filed as Exhibit 10.1 to this Current Report on Form 8-K.

 

There are no family relationships between Mr. Wu and any director or executive officer of the Company. To the best knowledge of the Company, there is no understanding or arrangement between Mr. Wu and any other person pursuant to which Mr. Wu was appointed as the Chief Operating Officer of the Company. To the best knowledge of the Company, neither Mr. Wu nor any of her immediate family members is a party to any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K.

 

Item 9.01 Financial Statements and Exhibits.

 

Exhibit No.    
10.1   Employment Agreement dated December 12, 2025 between Wu Rui and the Company
104   Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

 

 

 

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: December 17, 2025 By: /s/ Hong Zhida
    Hong Zhida
    Chief Executive Officer

 

 

FAQ

What executive change did Addentax Group Corp. (ATXG) disclose?

Addentax Group Corp. appointed Wu Rui as its Chief Operating Officer effective December 12, 2025, as approved by the company’s board of directors.

What is the compensation for Addentax Group Corp.’s new COO Wu Rui?

Under his employment agreement, Wu Rui will be compensated at a rate of $12,000 per year, payable in full on the last day of each calendar year.

What prior experience does ATXG’s new COO Wu Rui have?

Wu Rui has served as a director of TROOPS, Inc. (Nasdaq: TROO) since June 24, 2024, is a founder and CEO of Riches Holdings Limited since November 2017, and previously held senior roles at Reliable Wealth Management Limited, R&F Global Wealth Limited, and Convoy Financial Group Limited.

Does Wu Rui have any family or related-party relationships with Addentax Group Corp.?

The company states there are no family relationships between Wu Rui and any director or executive officer, and to its best knowledge there are no transactions involving him or his immediate family that require disclosure under Item 404(a) of Regulation S-K.

What are the main terms of Wu Rui’s employment agreement with ATXG?

The employment agreement dated December 12, 2025 provides $12,000 in annual compensation, paid at year-end, and includes termination, confidentiality, non-solicitation, and indemnification provisions typical for such agreements.

What exhibit related to the new COO did Addentax Group Corp. file?

The company filed Exhibit 10.1, which is the Employment Agreement dated December 12, 2025 between Wu Rui and Addentax Group Corp., along with an Inline XBRL cover page data file.

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