Material Weakness Index › Company

Addentax Group Corp. (ATXG): material weakness history

Addentax Group Corp. reported ineffective internal control over financial reporting because of a material weakness in 7 filings since Jun 29, 2021. It stated one or more material weaknesses in 12 more SEC filings that gave no conclusion on whether that control is effective. The latest was its 10-Q for the period ended Jun 30, 2025.

Checked against SEC EDGAR: Oct 29, 2026

Causes the company named

Not described · 10Accounting expertise and resources · 9Financial close and reporting · 1Entity-level and governance · 1

Insufficient accounting expertise and resources to ensure effective financial reporting controls.

What the latest filing says

Based on the evaluation of these disclosure controls and procedures, and in light of the material weaknesses found in our internal controls over financial reporting, our Chief Executive Officer and Chief Financial Officer concluded that our disclosure controls and procedures were not effective . Management’s Remediation Initiatives In an effort to remediate the identified material weaknesses and other deficiencies and enhance our internal controls, we plan to initiate the following series of measures to further strengthen the Company’s internal controls going forward: 1. hire a reporting manager (“Internal Finance Manager”) who has the requisite relevant U.S. GAAP and SEC reporting experience and qualifications; 2. make an overall assessment on the current finance and accounting resources and hire additional accounting members with appropriate levels of accounting knowledge and experience; 3. streamline our accounting department structure and enhance our staff’s U.S. GAAP and SEC reporting requirements on a continuous basis through internal training provided by the Internal [...]

From the controls section of the 10-Q filed Aug 14, 2025. Read the full filing on SEC EDGAR.

Company response: Addentax Group Corp. can send a statement or a link to its remediation update to russell@ctrlworx.com. We post it here, unedited and dated.

Filings

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Based on public SEC filings. Causes are grouped into standard categories by Ctrl Worx™. The filings are the authority. Ctrl Worx is not affiliated with Addentax Group Corp. or the SEC. Not investment advice.