SuperX AI Technology Limited $SUPX
J Capital Research • Published September 4, 2025 • Chinese property developers disguised as AI company
CORE INVESTMENT THESIS
SUPX is a dying interior design company masquerading as an AI technology firm with photoshopped product images and fake partnerships.
Chinese property developers, including a convicted child molester, control this company that trades at 472x revenue with copied AI product specifications and undisclosed related-party transactions. J Capital Research rates this a STRONG SHORT
COMPANY OVERVIEW
Down 67% from $9.6M in 2022, only interior design revenue
Extreme volatility with 86 social media followers
CEO fired, CFO resigned, multiple board resignations
No real AI products, partnerships, or expertise
Revenue Collapse (2022-2024)
KEY PLAYERS
Wang Zhenhua
Role: 10.2% Owner via Set Hero Developments
Background: Convicted child molester, 5-year prison sentence
Former Communist Party official, controls failing Seazen Group property developer
Howard Tang (FIRED)
Role: Former CEO (terminated July 31, 2025)
Background: Securities license suspended for 17 months
Ample Capital failed to detect fraud, signed filings before official appointment
Chun Kit Yu
Role: Interim CFO (appointed July 1, 2025)
Background: Former audit chair of 90% declining stock
Connected to crypto company that lost $107M in FTX collapse
Alpha Generator Limited
Role: 40% controlling shareholder
Background: BVI-registered holding company
Connected to Chinese property developers and pump schemes
J Capital Research's Verdict
According to J Capital Research, SuperX AI Technology Limited ($SUPX) is a dying interior design company masquerading as an AI technology firm. The company's "AI products" appear to be digitally altered images with plagiarized specifications from other companies' websites. J Capital Research concludes this is a pump-and-dump scheme orchestrated by Chinese property developers seeking to exit their declining real estate investments.