ATXG Board Approves Major Increase to CEO Hong Zhida’s Annual Pay

Rhea-AI Filing Summary

Addentax Group Corp. disclosed that its board of directors approved an increase to the annual salary of Chief Executive Officer Hong Zhida, raising base pay from $17,229 to $200,000, effective immediately. The action was taken after a performance evaluation and upon the recommendation of the company’s compensation committee.

The filing records the board approval and the new annual cash salary amount and identifies Hong Zhida as the company’s CEO and authorized signer for the report.

Positive

• Board approval and compensation committee recommendation are explicitly documented, indicating use of formal governance processes
• Public disclosure of the CEO's salary change via an SEC current report enhances transparency

Negative

• Very large increase in annual base salary from $17,229 to $200,000, a material change in absolute and percentage terms
• Filing lacks detail on the rationale, performance metrics, benchmarking, or whether other compensation elements were adjusted

Insights

Compensation Analyst

TL;DR: Board approved a substantial immediate increase in the CEO's reported annual base salary from $17,229 to $200,000.

The filing plainly states a sizable change in the CEO's annual cash compensation, approved by the board after a performance evaluation and on the compensation committee's recommendation. The disclosure is concise and factual but does not include supporting details such as performance targets, metrics used in the evaluation, or whether the increase is accompanied by non-cash awards or changes to incentive structures. Without additional context on company size, prior total compensation, or budgetary impact, the material effect on financial statements cannot be determined from this filing alone.

Corporate Governance Expert

TL;DR: The board and compensation committee documented approval of a large CEO salary increase; governance process is noted but explanatory detail is limited.

The 8-K records formal board approval following a performance review and a compensation committee recommendation, indicating the board acted through established governance channels. The filing does not disclose the rationale beyond the evaluation, nor does it specify any performance metrics, benchmarking, or changes to other elements of executive pay. Investors seeking to assess alignment between pay and performance will need further disclosures from the company to evaluate the significance of this change.

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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): August 11, 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)

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. ☐

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

On August 11, 2025, the board of directors of Addentax Group Corp. (the “Company”), after a performance evaluation and upon recommendation of the compensation committee, approved an increase of the annual salary of Hong Zhida, the Company’s Chief Executive Officer, from $17,229 to $200,000, effective immediately.

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: August 11, 2025	By:	/s/ Hong Zhida
		Hong Zhida
		Chief Executive Officer

FAQ

What change did Addentax Group (ATXG) report regarding its CEO's compensation?

The board approved an increase in CEO Hong Zhida’s annual salary from $17,229 to $200,000, effective immediately.

Who approved the salary increase at Addentax (ATXG)?

The increase was approved by the company’s board of directors after a performance evaluation and upon the recommendation of the compensation committee.

Does the filing state any performance targets or additional compensation tied to the raise?

No. The filing states the raise followed a performance evaluation but does not disclose specific performance targets, benchmarks, or other compensation details.

Is the salary increase effective immediately according to the filing?

Yes. The filing states the new annual salary of $200,000 is effective immediately.

Who is identified as the company’s authorized signer in the report?

The report is signed by Hong Zhida, identified as the company’s Chief Executive Officer.