盈喜集团 2024年度报告

Form10-K ☒ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year endedMarch 31,2025 ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission file number:001-41478 ADDENTAX GROUP CORP. (Exact name of registrant issuer as specified in its charter) Kingkey 100, Block A,Room 4805,Luohu District,Shenzhen City,China518000Address of principal executive offices, including zip code +(86)755 8233 0336Registrant’s phone number, including area code Securities registered pursuant to Section 12(b) of the Securities Exchange Act: Title of each classTrading Symbol(s)Name of each exchange on which registeredCommon Stock, par value $0.001 per shareATXGTheNasdaqCapital Market Securities registered pursuant to Section 12(g) of the Securities Exchange Act:None Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. ☐Yes☒No Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. ☐Yes☒No Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities ExchangeAct of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) hasbeen subject to such filing requirements for the past 90 days. ☒YES☐NO Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant toRule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant wasrequired to submit such files). ☒YES☐NO Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reportingcompany. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company” and “emerging growthcompany” in Rule 12b-2 of the Exchange Act. Accelerated filer☐Smaller reporting company☒Emerging growth company☐ Large accelerated filer☐Non-accelerated filer☒ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant has filed a report on and attestation to its management’s assessment of the effectiveness ofits internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered publicaccounting firm that prepared or issued its audit report.☐ If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the registrantincluded in the filing reflect the correction of an error to previously issued financial statements.☐ Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-basedcompensation received by any of the registrant’s executive officers during the relevant recovery period pursuant to §240.10D-1(b).☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). ☐Yes☒No State the aggregate market value of the voting and non-voting common equity held by non-affiliates computed by reference to the price atwhich the common equity was last sold, or the average bid and asked price of such common equity, as of the last business day of theregistrant’s most recently completed second fiscal quarter. As of September 30, 2024, the last business day of the registrant’s most recently completed second fiscal quarter, the aggregate marketvalue of the common stock held by non-affiliates of the registrant was $4,140,177.33, based on the closing price of $0.7089 for theregistrant’s common stock as quoted on the Nasdaq Capital Market on that date. Shares of common stock held by each director, eachofficer and each person who owns 10% or more of the outstanding common stock have been excluded from this calculation in that suchpersons may be deemed to be affiliates. The determination of affiliate status is not necessarily conclusive. The registrant had10,090,963shares of its common stock outstanding as of June 29, 2025. DOCUMENTS INCORPORATED BY REFERENCE No documents are incorporated by reference. TABLE OF CONTENTS PART I Item 1.Business.7Item 1A.Risk Factors.17Item 1B.Unresolved Staff Comments.42Item 1C.Cybersecurity42Item 2Properties.43Item 3.Legal Proceedings.43Item 4.Mine Safety Disclosures.43 PART II Item 5.Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities.44Item 6.[Reserved]45Item 7.Mana