COO Wu Rui Acquires 7.75% Stake in Addentax Group Corp. via Equity Incentive Plan

Wu Rui, the Chief Operating Officer of Addentax Group Corp. (ATXG), filed a Schedule 13D on April 30, 2026, reporting a new 7.75% stake in the company. The reporting person acquired beneficial ownership of 66,667 shares of common stock on April 13, 2026. These shares were granted as equity compensation under the issuer's equity incentive plan for services rendered to the issuer, rather than through a market purchase; consequently, no personal funds were used for the acquisition. Wu Rui maintains sole voting and dispositive power over all 66,667 shares. As an officer of the company, the reporting person may engage in discussions with management regarding business operations and may adjust their holdings in the future based on market conditions or other factors. The ownership percentage is calculated based on 860,145 shares of common stock outstanding as of the filing date. No other persons are reported to have economic interest in these specific shares.