Current Report Filing (8-k)
08 March 2017 - 7:43AM
Edgar (US Regulatory)
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): March 6, 2017
ADDENTAX
GROUP CORP.
(Exact
Name of Registrant as Specified in Charter)
Nevada
|
|
333-206097
|
|
35-2521028
|
(State
or Other Jurisdiction
of
Incorporation)
|
|
(Commission
File
Number)
|
|
(IRS
Employer
Identification
No.)
|
Floor
13th, Building 1, Block B, Zhihui Square,
Nanshan
District, Shenzhen City, China 518000
(Address
of Principal Executive Offices) (Zip Code)
(86)
755 86961 405
Registrant’s
telephone number, including area code
(Former
Name or Former Address
if
Changed Since Last Report)
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:
[ ]
|
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))
|
Item
1.01: Entry into a Material Definitive Agreement.
On
December 28, 2016 Addentax Group Corp. (“ATXG” or the “Company”) disclosed via a Form 8-K that it had
executed Sale & Purchase Agreement (“S&P”) for the acquisition of 100% of the shares and assets of Yingxi
Industrial Chain Group Co., Ltd., a company incorporated under the laws of the Republic of Seychelles. ATXG agreed to issue five
hundred million (500,000,000) shares of ATXG to Yingxi Industrial Chain Group Co., Ltd. to acquire the shares and assets for a
cost of US$0.30 per share or a total cost of US$150,000,000. However, effective March 6, 2017, due to the death of Mr. Wu Linrui
who served in the position of President, Secretary, Treasurer and as a Director during the execution of the above noted S&P
Agreement, both parties to the Agreement have consented to revise those portions of the S&P Agreement related to the signatories
to the Agreement. Other than changes to the signatories or items related to the signatories, no changes have been made to the
terms of the Agreement. The revised S&P Agreement is included hereto as Exhibit 10.04
Item
5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Effective
February 1, 2017, Management of Addentax Group Corp. (“ATXG”) reported the death of Mr. Wu Linrui who served in the
position of President, Secretary, Treasurer and as a Director. Mr. Wu served in these positions since December 28, 2016. Also
effective as of February 8, 2017, ATXG reported the appointment of Mr. Yu Keying to replace Mr. Wu Linrui in the positions of
President, Secretary and Treasurer.
Effective
March 10, 2017, management of ATXG will affect the appointment of Mr. Hong Zhida to replace Mr. Yu Keying in the positions of
President, Secretary, Chief Executive Officer and Treasurer. Mr. Yu Keying will remain as a Director of ATXG.
Hong
Zhida: President, Secretary, Treasurer
Mr.
Hong Zhida received his Bachelor’s Degree in Electronic Information Science and Technology from Sun Yat-sen University in
July 2013.
From
June 2014 to Present, he served as the Director of China Huiying Joint Supply Chain Group Co.Ltd. He was responsible for assisting
the company’s chairman to plan development strategy. From September 2013 to May 2014, he served as Head of Membership Department
of the Guangzhou Haifeng Chamber of Commerce. In that position he was responsible for the membership management of the institution.
Item
9.01
Financial Statements and Exhibits
Exhibit
No.
Description
10.04
Sale
and Purchase Agreement for the Acquisition of 100% of the shares and assets of Yingxi Industrial Chain Group Co., Ltd.; Dated
March 6, 2017.
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.
Dated:
March 7, 2017
|
|
|
|
Addentax
Group Corp
|
|
|
|
/s/
Yu Keying
|
|
Yu
Keying
|
|
President,
Secretary, Chief Executive Officer, Director
|
|
Addentax (QB) (USOTC:ATXG)
Historical Stock Chart
From Apr 2024 to May 2024
Addentax (QB) (USOTC:ATXG)
Historical Stock Chart
From May 2023 to May 2024
Real-Time news about Addentax Group Corporation (QB) (OTCMarkets): 0 recent articles
More Addentax Group Corp. News Articles