Addentax Group names Wu Rui as new Chief Operating Officer
Addentax Group Corp. reported a leadership change, appointing Wu Rui as Chief Operating Officer effective December 12, 2025.
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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.
8-K Event Classification
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
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.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.