12:18 PM EDT, 03/20/2024 (MT Newswires) -- Addentax Group ( ATXG ) said Wednesday it signed a three-year agreement with Dezhong Xinghui Information Technology to develop an artificial intelligence logistics system to optimize vehicle dispatching, inventory monitoring and delivery.

The system will help significantly reduce labor costs and errors, the company said.

Financial details of the agreement were not disclosed.

Addentax ( ATXG ) shares were up almost 2% in recent trading.

Price: 0.97, Change: +0.01, Percent Change: +1.54