Business
Addentax Group Corp. and Regina Miracle International (Holdings) Limited Entered into a Collaboration Agreement to Enhance Textile and Garment Industry Services
SHENZHEN, China, March 5, 2024 /PRNewswire/ -- Addentax Group Corp. ("Addentax" or the "Company") (Nasdaq: ATXG), an integrated service provider focusing on
About this update from Addentax Group Corp.
[{"type":"text","content":"SHENZHEN, China, March 5, 2024 /PRNewswire/ -- Addentax Group Corp. (\"Addentax\" or the \"Company\") (Nasdaq: ATXG), an integrated service provider focusing on garment manufacturing, logistics services, property management, and subleasing, has announced that it has collaborated with Hong Kong Stock Exchange listed company Regina Miracle International (Holdings) Limited (\"Regina\") (HKEx: 02199). Regina is a global leading manufacturer of intimate apparel, renowned for its unique Innovative Design Manufacturing (\"IDM\") business model.\n\nAddentax and Regina have entered into a collaboration agreement aimed at producing high-quality, functional, and fashionable activewear. This agreement leverages upon Addentax's strong manufacturing capabilities and comprehensive industry chain services with Regina's advanced research and development technology in sportswear industry.\nAccording to the agreement, Regina will provide its IDM business model to enhance Addentax's activewear division. Further, the collaboration also aims to elevate product quality, streamline delivery timelines, and fortify market competitiveness in sportswear industry.\nAs a subsidiary brand of Addentax, ATXG adopt the brand philosophy of \"Lightness, Freedom, and Joy.\" Merging fashion aesthetics with athletic trends, ATXG maintains a brand tone that is both light and vibrant, promoting values of confidence, self-discipline, and a fervent desire for limitless exploration in active lifestyles. Every aspect of ATXG reflects a commitment to quality, showcasing comfortable experiences and outstanding performance through three-dimensional tailoring, innovative craftsmanship, and technologically advanced fabrics. Currently, part of ATXG's product offerings encompass both light sportswear and outdoor collections.\nAbout Addentax Group Corp.\nAddentax Group Corp. is an integrated service provider specializing in garment manufacturing, logistics services, and property management and subleasing. For more information about the Company, please visit the website: https://www.addentax.com/. \nCaution Concerning Forward Looking Statements\nAll statements other than statements of historical fact in this announcement are forward-looking statements in nature within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve known...