Graphex Group Seeks Shareholder Approval for Potential Disposal of U.S. Subsidiary Graphex Technologies

Graphex Group ADR ( (GRFXY) ) just unveiled an announcement.

On February 2, 2026, Graphex Group Limited filed a Form 6-K and circulated a shareholder circular detailing an Option Purchase Agreement dated December 1, 2025, under which its wholly owned subsidiary Happy Growth Group Limited may grant a purchaser the option to acquire all equity interests in Graphex Technologies LLC, the group’s indirect wholly owned Delaware subsidiary, in exchange for shares of the purchaser’s common stock quoted on the OTCQB. The company has called an extraordinary general meeting for March 20, 2026, in Hong Kong to seek shareholder approval for the agreement, a related mandate, and the potential disposal, which, if the option is exercised and definitive agreements are concluded, would amount to a material asset disposition and could significantly reshape Graphex’s group structure and exposure to its U.S. technology arm, though there is no assurance the transaction will ultimately proceed.

The most recent analyst rating on (GRFXY) stock is a Sell with a $0.72 price target. To see the full list of analyst forecasts on Graphex Group ADR stock, see the GRFXY Stock Forecast page.

Spark’s Take on GRFXY Stock

According to Spark, TipRanks’ AI Analyst, GRFXY is a Neutral.

Graphex Group ADR’s overall stock score is primarily impacted by its weak financial performance and poor valuation metrics. The technical analysis further indicates bearish momentum, with the stock trading below key moving averages and nearing oversold conditions. The lack of profitability and absence of a dividend yield make the stock less attractive to investors.

To see Spark’s full report on GRFXY stock, click here.

More about Graphex Group ADR

Graphex Group Limited is a Cayman Islands–incorporated company with its ordinary shares listed on the Hong Kong Stock Exchange (stock code 6128) and American Depositary Shares traded on the OTC Expert Market in the U.S. through the symbol GRFXY. The group operates through subsidiaries including Graphex Technologies LLC in Delaware and is focused on advanced materials for electric vehicles and related new materials, positioning itself within the broader EV and specialty materials supply chain in both Asian and U.S. markets.

Average Trading Volume: 2,595

Technical Sentiment Signal: Sell

Current Market Cap: $31.95M

See more insights into GRFXY stock on TipRanks’ Stock Analysis page.