A Professional Service Platform for Enterprises in China to List Overseas

Case


Addentax Group Corp.

Headquartered in shenzhen, China, yingxi group co., LTD. (stock code: ATXG) entered the textile and garment industry in 2000. After nearly 20 years of development, yingxi group has become a comprehensive group company focusing on industrial chain services and providing related logistics services in the textile and garment industry. In 2016, the group successfully entered the us capital market, with a market value of more than us $2 billion and annual revenue of more than us $10 million in 2018. Yingxi group is engaged in manufacturing and logistics business through four wholly-owned subsidiaries: dongguan hengshengwei garment co., ltd. and taitou garment technology co., ltd. in chenghai district, shantou city, and shenzhen new express transportation co., ltd. and shenzhen huapengfa logistics co., ltd. in logistics business. As an explorer, practitioner and leader of the industrial chain of China's textile and garment industry, yingxi group adheres to the basic idea of optimizing resource allocation and maximizing resource benefit, and provides professional and systematic industrial chain services for global textile and garment enterprises from the supply side, thus providing sustained impetus for the development of textile and garment enterprises. Through merger and reorganization, yingxi group has realized channel sharing, talent sharing and system sharing, made the industrial chain bigger and stronger, and promoted the healthy development of the industry. Stand in the height of textile and garment industry, provide the organization system and management system scheme for the regional industry; In order to realize the standardized development of the regional industry chain, the sustainable and healthy development of the ecological park should be established according to the actual situation of the region. Based on China, serve the world, realize the reform and innovation of textile and garment industry, and promote the healthy and orderly development of traditional economy.


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In 2019, yingxi group co., ltd. officially entrusted hongye financial group with the consultation on the enterprise listing and upgrading board. Complete the capital structure restructuring and market value management through the 20:1 merger, and complete the nasdaq corporate governance standards, such as the appointment of independent directors and the establishment of committees, etc., and submit the prospectus for the nasdaq main board public offering on April 16, 2019. Provide tax planning and liaison with third party professional institutions, such as American securities firms, lawyers, auditors, etc., to escort the successful transfer of yingxi group. Hongye financial group provides guidance to winsun group on the continuous disclosure of daily maintenance documents. At present, hongye financial group is responsible for communicating and coordinating various matters with nasdaq. Yingxi group to the United States to bell listing.


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TYPE

NEWS