New 11.88% shareholder gains sole control at Addentax Group Corp. (ATXG)
Rhea-AI Filing Summary
Addentax Group Corp. (ATXG) has a new significant shareholder disclosure. Hong Zhihao reported beneficial ownership of 250,000 shares of Addentax common stock, representing 11.88% of the class, based on 2,105,058 shares outstanding as of August 19, 2026. All reported shares carry sole voting and dispositive power.
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Key Figures
Shares beneficially owned: 250,000 shares
Ownership percentage: 11.88%
Shares outstanding: 2,105,058 shares
+2 more
5 metrics
Shares beneficially owned
250,000 shares
Common stock of Addentax Group Corp. beneficially owned by Hong Zhihao
Ownership percentage
11.88%
Percent of Addentax common stock class beneficially owned by Hong Zhihao
Shares outstanding
2,105,058 shares
Addentax common stock outstanding as of August 19, 2026, used for ownership calculation
Sole voting power
250,000 shares
Shares over which Hong Zhihao has sole power to vote or direct the vote
Sole dispositive power
250,000 shares
Shares over which Hong Zhihao has sole power to dispose or direct the disposition
Key Terms
beneficially owned, sole voting power, sole dispositive power, percent of class
4 terms
beneficially owned financial
"Item 4. | Ownership (a) | Amount beneficially owned: 250,000"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
sole voting power financial
"Sole Voting Power 250,000.00 6 | Shared Voting Power 0.00"
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
"Sole Dispositive Power 250,000.00 8 | Shared Dispositive Power 0.00"
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.
percent of class financial
"Percent of class: 11.88%"
Percent of class is the portion of a specific category of securities—such as a company’s common shares, preferred shares, or a bond series—that takes part in or approves a corporate action (vote, consent, tender, etc.). Investors watch this number because it reveals how much support or opposition exists within that particular shareholder group; like counting how many members of a club back a proposal, it can determine whether a plan passes or how influence is distributed.
FAQ
What percentage of Addentax Group Corp. (ATXG) does Hong Zhihao own?
According to the Schedule 13G, Hong Zhihao owns 11.88% of Addentax Group Corp. (ATXG) common stock. This percentage is calculated based on 2,105,058 shares of common stock outstanding as of August 19, 2026, as stated in the ownership section.
What class of securities of ATXG does this Schedule 13G cover?
The Schedule 13G filing covers common stock of Addentax Group Corp. (ATXG). It specifies this title of class of securities and includes the CUSIP number 00653L400, identifying the particular equity security for which beneficial ownership is being reported.
AI-generated analysis. How Rhea-AI works. Not financial advice.