Akso Health Group (AHG) Akso Health Group, together with its subsidiaries, operates a social e-commerce mobile platform in the People’s Republic of China. It operates Xiaobai Maimai App, a social e-commerce mobile platform that offers food and beverage products, wine, cosmetic products, fashion and apparel, entertainment products, housewares, home appliances, and cost-saving promotions at petrol gas stations. The company also sells medical devices, such as defibrillators and anesthesia laryngoscopes. In addition, it provides health treatment, consultancy support, and marketing promotion services, as well as technological promotion services and import and export. The company was formerly known as Xiaobai Maimai Inc. and changed its name to Akso Health Group in December 2021. Akso Health Group was founded in 2014 and is headquartered in Qingdao, China.
Sector: Services-Business Services, NEC
Industry: Medical - Distribution
Akso Health Group NASDAQ:AHG Financial Services · Financial - Credit Services
All Press Release SEC Filings News
SEC Filing ● Major ⚠ 4
AHG: 20-F · periodic report
Akso Health Group filed its annual Form 20-F for the fiscal year ended March 31, 2026, reporting a precipitous drop in cash and cash equivalents to $0.2 million from $176.2 million in the prior year. The company disclosed that a loan transfer of $175.7 million between offshore subsidiaries was the primary driver behind this significant reduction in onshore cash holdings.
Despite the liquidity shift, the company emphasized that its auditor, CHI-LLTC, is currently subject to PCAOB inspections, mitigating immediate risks of a trading ban under the Holding Foreign Companies Accountable Act. However, the filing extensively details persistent risks regarding PRC regulatory oversight, cybersecurity reviews, and potential data security law compliance.
The company clarified that it is not currently required to file with the China Securities Regulatory Commission (CSRC) as an existing overseas issuer but acknowledged that future offerings would trigger such requirements. The filing also notes that the company no longer utilizes a variable interest entity (VIE) structure in mainland China, reducing a layer of corporate complexity but not eliminating the general risks of operating in the Chinese healthcare sector.
SEC 20-F • 3mo ago AI analysis › SEC Filing
AHG: 6-K · auditor change
On May 12, 2026, the audit committee of Akso Health Group resolved to dismiss Onestop Assurance PAC as the company's independent registered public accounting firm and to appoint CHI-LLTC to serve in this role, effective immediately.
During the two most recent fiscal years and the subsequent interim period, Onestop Assurance PAC did not provide any adverse opinions or have any disagreements with the company on accounting principles, financial statement disclosure, or auditing scope and procedure.
There were no reportable events during the two most recent fiscal years and the interim period prior to the change in auditor.
The company has provided Onestop Assurance PAC with a copy of this report, and the former auditor has provided a letter to the SEC, which is attached as Exhibit 16.1.
SEC 6-K • 5mo ago AI analysis › Press Release ⚠ 2
AHG Announces Initiation of World-Class, Proprietary Brain-Computer Interface R&D Program - Targeting the Next Frontier of Human Neurotechnology
Akso Health Group announced the launch of a proprietary Brain-Computer Interface R&D program aimed at establishing a new long-term growth engine.
The company is pursuing innovations in neural sensing and AI decoding with pending patents, though it has not commenced human clinical trials or made FDA submissions.
This strategic pivot into neurotechnology contrasts with the company's current operations in medical device sales and radiotherapy oncology centers.
• 5mo ago AI analysis › News
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