Addentax Group Signs Partnership Memorandum With Shenzhen Yingbin Brand Development in China

MT Newswires Live

2024/11/21

Addentax Group (ATXG) said Thursday it has signed a Memorandum of Understanding for a China-wide partnership with Shenzhen Yingbin Brand Development Co.

Financial details of the planned partnerhsip weren't disclosed.

The partnership memorandum is a strategic step forward for both companies, especially in the branded apparel sector, and opens the door for innovations and new business opportunities, Addentax said.

Shares of Addentax Group fell nearly 5% in recent Thursday trading activity.

Price: 0.56, Change: -0.03, Percent Change: -4.59

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