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[8-K] Addentax Group Corp. Reports Material Event

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

Addentax Group Corp. ha comunicato che il suo consiglio di amministrazione ha approvato un aumento della retribuzione annua dell'amministratore delegato (CEO) Hong Zhida, portando lo stipendio base da $17,229 a $200,000, con effetto immediato. La decisione è stata presa dopo una valutazione delle prestazioni e su raccomandazione del comitato per la remunerazione della società.

La comunicazione riporta l'approvazione del consiglio e il nuovo importo della retribuzione annua in contanti e individua Hong Zhida come amministratore delegato e firmatario autorizzato per la relazione.

Addentax Group Corp. anunció que su junta directiva aprobó un aumento del salario anual del Director Ejecutivo (CEO) Hong Zhida, elevando la retribución base de $17,229 a $200,000, con efecto inmediato. La medida se tomó tras una evaluación del desempeño y por recomendación del comité de compensación de la empresa.

El expediente registra la aprobación de la junta y el nuevo monto anual en efectivo, e identifica a Hong Zhida como el CEO y firmante autorizado del informe.

Addentax Group Corp.는 이사회의 승인으로 최고경영자(CEO) Hong Zhida의 연봉을 인상하여 기본급을 $17,229에서 $200,000로 즉시 적용한다고 공시했습니다. 이 조치는 성과 평가와 회사 보상위원회의 권고에 따라 이루어졌습니다.

해당 제출 문서는 이사회 승인과 새로운 연간 현금 급여 금액을 기록하고, 보고서의 회사 CEO이자 승인 서명인으로 Hong Zhida를 지정하고 있습니다.

Addentax Group Corp. a déclaré que son conseil d'administration a approuvé une augmentation du salaire annuel du PDG Hong Zhida, portant la rémunération de base de $17,229 à $200,000, avec effet immédiat. Cette décision a été prise après une évaluation des performances et sur recommandation du comité des rémunérations de la société.

Le dépôt enregistre l'approbation du conseil et le nouveau montant annuel en espèces, et identifie Hong Zhida comme le PDG de la société et le signataire autorisé du rapport.

Addentax Group Corp. gab bekannt, dass sein Verwaltungsrat die Erhöhung des Jahresgehalts des Chief Executive Officer Hong Zhida genehmigt hat und das Grundgehalt von $17,229 auf $200,000 mit sofortiger Wirkung anhebt. Die Maßnahme wurde nach einer Leistungsbewertung und auf Empfehlung des Vergütungsausschusses des Unternehmens getroffen.

Die Einreichung verzeichnet die Zustimmung des Verwaltungsrats und den neuen jährlichen Barvergütungsbetrag und benennt Hong Zhida als CEO des Unternehmens sowie als bevollmächtigten Unterzeichner für den Bericht.

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

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.

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.

Addentax Group Corp. ha comunicato che il suo consiglio di amministrazione ha approvato un aumento della retribuzione annua dell'amministratore delegato (CEO) Hong Zhida, portando lo stipendio base da $17,229 a $200,000, con effetto immediato. La decisione è stata presa dopo una valutazione delle prestazioni e su raccomandazione del comitato per la remunerazione della società.

La comunicazione riporta l'approvazione del consiglio e il nuovo importo della retribuzione annua in contanti e individua Hong Zhida come amministratore delegato e firmatario autorizzato per la relazione.

Addentax Group Corp. anunció que su junta directiva aprobó un aumento del salario anual del Director Ejecutivo (CEO) Hong Zhida, elevando la retribución base de $17,229 a $200,000, con efecto inmediato. La medida se tomó tras una evaluación del desempeño y por recomendación del comité de compensación de la empresa.

El expediente registra la aprobación de la junta y el nuevo monto anual en efectivo, e identifica a Hong Zhida como el CEO y firmante autorizado del informe.

Addentax Group Corp.는 이사회의 승인으로 최고경영자(CEO) Hong Zhida의 연봉을 인상하여 기본급을 $17,229에서 $200,000로 즉시 적용한다고 공시했습니다. 이 조치는 성과 평가와 회사 보상위원회의 권고에 따라 이루어졌습니다.

해당 제출 문서는 이사회 승인과 새로운 연간 현금 급여 금액을 기록하고, 보고서의 회사 CEO이자 승인 서명인으로 Hong Zhida를 지정하고 있습니다.

Addentax Group Corp. a déclaré que son conseil d'administration a approuvé une augmentation du salaire annuel du PDG Hong Zhida, portant la rémunération de base de $17,229 à $200,000, avec effet immédiat. Cette décision a été prise après une évaluation des performances et sur recommandation du comité des rémunérations de la société.

Le dépôt enregistre l'approbation du conseil et le nouveau montant annuel en espèces, et identifie Hong Zhida comme le PDG de la société et le signataire autorisé du rapport.

Addentax Group Corp. gab bekannt, dass sein Verwaltungsrat die Erhöhung des Jahresgehalts des Chief Executive Officer Hong Zhida genehmigt hat und das Grundgehalt von $17,229 auf $200,000 mit sofortiger Wirkung anhebt. Die Maßnahme wurde nach einer Leistungsbewertung und auf Empfehlung des Vergütungsausschusses des Unternehmens getroffen.

Die Einreichung verzeichnet die Zustimmung des Verwaltungsrats und den neuen jährlichen Barvergütungsbetrag und benennt Hong Zhida als CEO des Unternehmens sowie als bevollmächtigten Unterzeichner für den Bericht.

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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.
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