Addentax Group Corp. (NASDAQ:ATXG) has announced a strategic collaboration with GW Reader Sdn Bhd to enhance its operations and drive innovation in the global content industry. Addentax, an integrated service provider focusing on garment manufacturing, logistics service, property management, and subleasing, aims to leverage GW Reader’s AI technology to achieve next-level operational excellence.
Under this collaboration, Addentax has formed a cooperation with certain Games-as-a-Service (GaaS) firms to develop Artificial Intelligence (AI) Online Operational Tools. This project will benefit from GW Reader’s expertise in AI algorithms and their potential to transform various aspects of Addentax’s operations.
GW Reader’s core expertise lies in the online content industry, but their AI algorithms have the potential to streamline Addentax’s garment manufacturing processes. These algorithms can optimize production planning, improve quality control, and automate certain aspects of the manufacturing workflow. By doing so, they will significantly increase operational efficiency, reduce production costs, and enhance overall output.
Additionally, GW Reader’s AI algorithms can optimize Addentax’s logistics services. They can enhance demand forecasting, route optimization, and inventory management, resulting in faster order processing, improved supply chain efficiency, and reduced transportation costs.
The integration of GW Reader’s AI algorithms also brings efficiency to Addentax’s property management and subleasing operations. Automating tasks such as tenant screening, lease agreement management, and maintenance scheduling streamlines operations, improves tenant experiences, and optimizes occupancy rates.
The collaboration with GW Reader allows us to transform our operations utilizing their AI technology, stated Mr. Hong Zhida, Chairman and CEO of Addentax. By leveraging AI, we anticipate significant advancements in operational efficiency, enabling us to better serve our clients and maintain our industry leadership.
This collaboration between Addentax and GW Reader emphasizes their shared commitment to harnessing the potential of technology and driving growth in their respective industries. By integrating GW Reader’s AI technology, Addentax is positioned to achieve operational optimization and create enduring value for its stakeholders.
About Addentax Group Corp. (ATXG):
Addentax Group Corp. is an integrated service provider specializing in garment manufacturing, logistics services, property management, and subleasing. Their apparel manufacturing business includes sales to wholesalers and is based in China. The logistics business covers 79 cities in 7 provinces and 2 municipalities in China, providing delivery and express services. Addentax’s property management and subleasing business provides relevant services to clothing wholesalers and retailers, while their epidemic prevention supplies business includes manufacturing and distributing quarantine products. More information can be found on their website at https://www.addentax.com/.
This strategic collaboration between Addentax Group and GW Reader signifies a significant step forward for both companies. By leveraging GW Reader’s AI technology and expertise, Addentax aims to drive operational excellence and innovation in the global content industry. The integration of AI algorithms into Addentax’s manufacturing, logistics, and property management operations will result in improved efficiency, reduced costs, and enhanced overall output. This partnership highlights the shared commitment of both companies to harness technology and create long-term value in their respective industries.
