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Addentax Group Corp. (ATXG) director lifts stake above 10% in private deal

(Moderate)
(Neutral)
Form Type
SCHEDULE 13D

Rhea-AI Filing Summary

Addentax Group Corp. (ATXG) reported that director Hong Zhiwang filed a Schedule 13D disclosing a significant ownership stake in the company’s common stock. On August 18, 2026, Addentax issued 218,750 shares to Hong in a private placement under a Private Placement Agreement dated July 30, 2026, funded with his personal savings.

Including the 6,424 shares he previously owned, Hong now beneficially owns 225,174 shares of Addentax common stock, representing approximately 10.7% of the company’s 2,105,058 shares outstanding as of August 19, 2026. He has sole voting and dispositive power over all of these shares and states he currently has no specific plans for corporate actions beyond his role as a director, though he may acquire or dispose of shares in the future subject to applicable laws.

Positive

  • None.

Negative

  • None.

Filing Explained

The August 18 issuance described in this Schedule 13D is complete: adding the 218,750 common shares increases the share count and, absent offsetting changes, reduces existing holders’ percentage ownership. Hong Zhiwang reports sole voting and dispositive power over 225,174 shares, or 10.7% of the outstanding shares.

Shares beneficially owned 225,174 shares Common stock of Addentax Group Corp. beneficially owned by Hong Zhiwang
Ownership percentage 10.7% Percent of Addentax common stock class represented by 225,174 shares
Shares acquired in private placement 218,750 shares Common stock issued to Hong Zhiwang on August 18, 2026
Previously owned shares 6,424 shares Addentax common shares owned by Hong Zhiwang before the private placement
Shares outstanding 2,105,058 shares Addentax common stock outstanding as of August 19, 2026
Schedule 13D regulatory
"filed a Schedule 13D disclosing a significant ownership stake"
A Schedule 13D is a legal document that investors file with regulators when they buy a large enough stake in a company to potentially influence its management or decisions. It provides details about the investor’s intention, ownership stake, and plans, helping other investors understand who is gaining control and what their motives might be.
beneficially owns financial
"The reporting person beneficially owns 225,174 shares of common stock"
Beneficially owns means a person or entity enjoys the economic benefits and control of a security even if the legal title or registration is held in another name. Think of it like having the keys and profits from a car that is registered to a friend: you use it, benefit from it, and make decisions about it even though the official paperwork lists someone else. For investors, this matters because it reveals who truly controls shares, affects voting power, potential conflicts of interest, and regulatory disclosure obligations.
sole voting power financial
"The reporting person has sole voting power and sole dispositive power"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
sole dispositive power financial
"The reporting person has sole voting power and sole dispositive power"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
private placement financial
"issued 218,750 shares of common stock to the reporting person in connection with a private placement"
A private placement is a sale of securities directly to a selected group of investors, typically institutions or accredited investors, instead of through a public offering. It lets a company raise money faster and with fewer regulatory steps; for existing shareholders it matters because the newly issued shares, often sold at a discount, increase the share count and can dilute their ownership.

FAQ

What percentage of Addentax Group Corp. (ATXG) does Hong Zhiwang now own?

Hong Zhiwang beneficially owns 10.7% of Addentax Group Corp.’s common stock. This represents 225,174 shares out of 2,105,058 shares outstanding as of August 19, 2026, giving him a significant minority stake.

How many Addentax Group Corp. (ATXG) shares did Hong Zhiwang acquire in the private placement?

Hong Zhiwang acquired 218,750 shares of Addentax common stock in a private placement on August 18, 2026. These were issued under a Private Placement Agreement dated July 30, 2026 and funded from his personal savings.

What is Hong Zhiwang’s total shareholding in Addentax Group Corp. (ATXG) after the transaction?

After the transaction, Hong Zhiwang beneficially owns 225,174 shares of Addentax common stock. This includes 6,424 shares he previously owned plus 218,750 shares issued to him in the August 18, 2026 private placement.

How many Addentax Group Corp. (ATXG) shares were outstanding when Hong Zhiwang filed the Schedule 13D?

There were 2,105,058 shares of Addentax Group Corp. common stock outstanding as of August 19, 2026. Hong Zhiwang’s 225,174 shares represent approximately 10.7% of these outstanding shares at that date.

Does Hong Zhiwang have control over voting and disposition of his Addentax (ATXG) shares?

Yes. Hong Zhiwang has sole voting power and sole dispositive power over 225,174 shares of Addentax common stock. He reports no shared voting or shared dispositive power with any other person regarding these shares.

What is the purpose of Hong Zhiwang’s Addentax Group Corp. (ATXG) share acquisition?

The shares were acquired through a private placement on August 18, 2026. Hong states he currently has no specific plans for major corporate actions, though as a director he may discuss business matters and may buy or sell shares subject to law.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates





00653L400

(CUSIP Number)
Hong Zhiwang
Kingkey 100, Block A,, Room 5403, Luohu District
Shenzhen City, F4, 518000
(86) 137 50014 517

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
08/19/2026

(Date of Event Which Requires Filing of This Statement)


If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).




schemaVersion:


SCHEDULE 13D






SCHEDULE 13D


HONG ZHIWANG
Signature:/s/ Hong Zhiwang
Name/Title:Hong Zhiwang
Date:08/20/2026